PermRock Operating Income vs Net Interest Income Analysis

PRT Stock

USD 3.99 0.01 0.25%

PermRock Royalty financial indicator trend analysis is much more than just breaking down PermRock Royalty Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PermRock Royalty Trust is a good investment. Please check the relationship between PermRock Royalty Operating Income and its Net Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PermRock Royalty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Operating Income vs Net Interest Income

Operating Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PermRock Royalty Trust Operating Income account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between PermRock Royalty's Operating Income and Net Interest Income is 0.27. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of PermRock Royalty Trust, assuming nothing else is changed. The correlation between historical values of PermRock Royalty's Operating Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of PermRock Royalty Trust are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Operating Income i.e., PermRock Royalty's Operating Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from PermRock Royalty Trust operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PermRock Royalty Trust is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from PermRock Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PermRock Royalty Trust current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PermRock Royalty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, PermRock Royalty's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (220.46) in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	7.4M	19.5B	6.3M	5.9M
Other Operating Expenses	773.6K	873.5K	923.9K	877.7K

Operating Income Other Operating Expenses

PermRock Royalty fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Net Invested Capital	Non Current Liabilities Other	Net Working Capital	Net Tangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		-0.82	0.95	0.98	-0.35	0.97	0.9	-0.82	-0.87	0.97	-0.39	-0.82	0.16	0.56	0.87	0.95	0.95	0.9	0.9	0.59	0.99	-0.57	0.96	0.8	0.77	0.9
Short Long Term Debt Total	-0.82		-0.93	-0.86	0.78	-0.9	-0.72	1.0	0.73	-0.89	0.26	1.0	0.3	-0.28	-0.97	-0.78	-0.74	-0.97	-0.89	-0.15	-0.78	0.43	-0.85	-0.53	-0.49	-0.72
Other Current Liab	0.95	-0.93		0.98	-0.6	0.97	0.85	-0.93	-0.83	0.96	-0.24	-0.93	-0.04	0.43	0.96	0.9	0.91	0.98	0.92	0.42	0.92	-0.44	0.97	0.67	0.65	0.84
Total Current Liabilities	0.98	-0.86	0.98		-0.46	0.94	0.86	-0.86	-0.84	0.94	-0.27	-0.86	0.15	0.43	0.9	0.91	0.97	0.93	0.87	0.59	0.93	-0.44	0.99	0.67	0.65	0.86
Total Stockholder Equity	-0.35	0.78	-0.6	-0.46		-0.51	-0.29	0.79	0.32	-0.49	-0.04	0.78	0.66	0.16	-0.76	-0.31	-0.3	-0.73	-0.55	0.34	-0.27	-0.09	-0.47	0.01	0.02	-0.28
Property Plant And Equipment Net	0.97	-0.9	0.97	0.94	-0.51		0.86	-0.9	-0.83	1.0	-0.42	-0.9	-0.09	0.58	0.94	0.92	0.87	0.95	0.97	0.38	0.97	-0.57	0.93	0.81	0.77	0.86
Net Debt	0.9	-0.72	0.85	0.86	-0.29	0.86		-0.72	-0.99	0.88	-0.28	-0.72	0.13	0.39	0.75	0.99	0.83	0.79	0.75	0.51	0.89	-0.4	0.83	0.73	0.65	1.0
Accounts Payable	-0.82	1.0	-0.93	-0.86	0.79	-0.9	-0.72		0.73	-0.89	0.26	1.0	0.3	-0.27	-0.97	-0.78	-0.74	-0.97	-0.89	-0.14	-0.77	0.42	-0.85	-0.53	-0.48	-0.72
Cash	-0.87	0.73	-0.83	-0.84	0.32	-0.83	-0.99	0.73		-0.84	0.25	0.73	-0.12	-0.29	-0.74	-0.97	-0.81	-0.77	-0.7	-0.49	-0.85	0.34	-0.81	-0.65	-0.57	-0.99
Non Current Assets Total	0.97	-0.89	0.96	0.94	-0.49	1.0	0.88	-0.89	-0.84		-0.41	-0.89	-0.09	0.59	0.93	0.93	0.86	0.95	0.97	0.38	0.97	-0.58	0.92	0.82	0.78	0.88
Non Currrent Assets Other	-0.39	0.26	-0.24	-0.27	-0.04	-0.42	-0.28	0.26	0.25	-0.41		0.26	0.0	-0.42	-0.28	-0.33	-0.29	-0.27	-0.38	-0.16	-0.45	0.42	-0.3	-0.51	-0.4	-0.28
Long Term Debt	-0.82	1.0	-0.93	-0.86	0.78	-0.9	-0.72	1.0	0.73	-0.89	0.26		0.3	-0.28	-0.97	-0.78	-0.74	-0.97	-0.89	-0.15	-0.78	0.43	-0.85	-0.53	-0.49	-0.72
Cash And Short Term Investments	0.16	0.3	-0.04	0.15	0.66	-0.09	0.13	0.3	-0.12	-0.09	0.0	0.3		0.01	-0.29	0.12	0.36	-0.22	-0.25	0.88	0.13	-0.05	0.17	0.06	0.06	0.12
Common Stock Shares Outstanding	0.56	-0.28	0.43	0.43	0.16	0.58	0.39	-0.27	-0.29	0.59	-0.42	-0.28	0.01		0.37	0.48	0.39	0.37	0.67	0.25	0.67	-0.82	0.39	0.9	0.95	0.39
Non Current Liabilities Total	0.87	-0.97	0.96	0.9	-0.76	0.94	0.75	-0.97	-0.74	0.93	-0.28	-0.97	-0.29	0.37		0.8	0.79	1.0	0.93	0.19	0.83	-0.38	0.9	0.59	0.56	0.75
Other Current Assets	0.95	-0.78	0.9	0.91	-0.31	0.92	0.99	-0.78	-0.97	0.93	-0.33	-0.78	0.12	0.48	0.8		0.87	0.84	0.82	0.52	0.94	-0.5	0.88	0.79	0.73	0.99
Other Stockholder Equity	0.95	-0.74	0.91	0.97	-0.3	0.87	0.83	-0.74	-0.81	0.86	-0.29	-0.74	0.36	0.39	0.79	0.87		0.83	0.75	0.75	0.91	-0.4	0.98	0.63	0.6	0.83
Total Liab	0.9	-0.97	0.98	0.93	-0.73	0.95	0.79	-0.97	-0.77	0.95	-0.27	-0.97	-0.22	0.37	1.0	0.84	0.83		0.93	0.26	0.86	-0.38	0.92	0.6	0.58	0.78
Property Plant And Equipment Gross	0.9	-0.89	0.92	0.87	-0.55	0.97	0.75	-0.89	-0.7	0.97	-0.38	-0.89	-0.25	0.67	0.93	0.82	0.75	0.93		0.22	0.91	-0.65	0.85	0.82	0.81	0.74
Total Current Assets	0.59	-0.15	0.42	0.59	0.34	0.38	0.51	-0.14	-0.49	0.38	-0.16	-0.15	0.88	0.25	0.19	0.52	0.75	0.26	0.22		0.56	-0.26	0.61	0.39	0.38	0.5
Net Invested Capital	0.99	-0.78	0.92	0.93	-0.27	0.97	0.89	-0.77	-0.85	0.97	-0.45	-0.78	0.13	0.67	0.83	0.94	0.91	0.86	0.91	0.56		-0.64	0.92	0.88	0.85	0.89
Non Current Liabilities Other	-0.57	0.43	-0.44	-0.44	-0.09	-0.57	-0.4	0.42	0.34	-0.58	0.42	0.43	-0.05	-0.82	-0.38	-0.5	-0.4	-0.38	-0.65	-0.26	-0.64		-0.4	-0.84	-0.83	-0.39
Net Working Capital	0.96	-0.85	0.97	0.99	-0.47	0.93	0.83	-0.85	-0.81	0.92	-0.3	-0.85	0.17	0.39	0.9	0.88	0.98	0.92	0.85	0.61	0.92	-0.4		0.63	0.6	0.83
Net Tangible Assets	0.8	-0.53	0.67	0.67	0.01	0.81	0.73	-0.53	-0.65	0.82	-0.51	-0.53	0.06	0.9	0.59	0.79	0.63	0.6	0.82	0.39	0.88	-0.84	0.63		0.98	0.73
Common Stock Total Equity	0.77	-0.49	0.65	0.65	0.02	0.77	0.65	-0.48	-0.57	0.78	-0.4	-0.49	0.06	0.95	0.56	0.73	0.6	0.58	0.81	0.38	0.85	-0.83	0.6	0.98		0.65
Short Term Investments	0.9	-0.72	0.84	0.86	-0.28	0.86	1.0	-0.72	-0.99	0.88	-0.28	-0.72	0.12	0.39	0.75	0.99	0.83	0.78	0.74	0.5	0.89	-0.39	0.83	0.73	0.65

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PermRock Royalty Account Relationship Matchups

PermRock Royalty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	90.3M	89.1M	85.7M	82.0M	77.2M	75.7M
Other Current Liab	615.4K	181.5K	849.9K	981.9K	368.6K	350.2K
Total Current Liabilities	615.4K	181.5K	849.9K	981.9K	368.6K	350.2K
Total Stockholder Equity	89.6M	88.9M	84.8M	81.0M	76.9M	68.7M
Net Debt	(1.2B)	(1.2B)	(1.8B)	(2.0B)	(1.4B)	(1.4B)
Cash	1.2B	1.2B	1.8B	2.0B	1.4B	1.0B
Non Current Assets Total	89.0M	87.9M	83.8M	80.0M	75.9M	72.2M
Non Currrent Assets Other	(89.0M)	(87.9M)	83.8M	80.0M	75.9M	79.7M
Cash And Short Term Investments	1.2M	1.2M	1.8M	2.0M	1.4M	2.6M
Liabilities And Stockholders Equity	90.3M	89.1M	85.7M	82.0M	77.2M	75.7M
Non Current Liabilities Total	4.9M	0.0	1.2M	1.2M	1.8M	2.0M
Other Current Assets	(1.2M)	(1.2M)	(1.8M)	(2.0M)	(1.8M)	(1.7M)
Total Liab	615.4K	181.5K	849.9K	981.9K	368.6K	350.2K
Total Current Assets	1.2M	1.2M	1.8M	2.0M	1.4M	1.3M
Net Invested Capital	89.6M	88.9M	84.8M	81.0M	76.9M	70.9M
Net Working Capital	10.0	600K	1000.0K	1M	900K	855K
Short Term Investments	(1.2B)	(1.2B)	(1.8B)	(2.0B)	(1.4B)	(1.4B)
Capital Stock	89.0M	87.9M	83.8M	80.0M	75.9M	67.9M
Common Stock	89.0M	87.9M	83.8M	80.0M	75.9M	67.9M

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