PrairieSky Payout Ratio vs Book Value Per Share Analysis

PSK Stock

CAD 26.89 0.14 0.52%

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

Payout Ratio vs Book Value Per Share

Payout Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PrairieSky Royalty Payout Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak relationship.

The correlation between PrairieSky Royalty's Payout Ratio and Book Value Per Share is 0.31. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of PrairieSky Royalty, assuming nothing else is changed. The correlation between historical values of PrairieSky Royalty's Payout Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of PrairieSky Royalty are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Payout Ratio i.e., PrairieSky Royalty's Payout Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Payout Ratio

Payout Ratio is the proportion of PrairieSky Royalty earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of PrairieSky Royalty dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating PrairieSky Royalty is paying out more in dividends than it makes in net income.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from PrairieSky Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PrairieSky Royalty 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 PrairieSky Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, PrairieSky Royalty's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of February 2025, Enterprise Value Multiple is likely to grow to 18.15, while Selling General Administrative is likely to drop about 30.3 M.

	2022	2023	2024	2025 (projected)
Gross Profit	490.9M	365.5M	358.3M	241.6M
Total Revenue	643.3M	513.2M	509.2M	361.7M

Gross Profit Total Revenue

PrairieSky Royalty fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Property Plant Equipment	Retained Earnings	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory
Total Assets		0.55	0.6	0.99	1.0	0.27	1.0	0.71	0.4	0.98	0.77	0.31	0.98	0.98	0.98	0.39	0.13	0.9	0.13	-0.04	0.92	-0.91	0.96	0.83	0.68	0.57
Other Current Liab	0.55		0.75	0.51	0.58	0.41	0.56	0.31	0.67	0.5	0.58	0.08	0.53	0.65	0.57	0.33	-0.19	0.43	-0.19	0.15	0.38	-0.46	0.54	0.65	0.51	0.07
Total Current Liabilities	0.6	0.75		0.56	0.62	0.47	0.61	0.38	0.77	0.56	0.63	0.17	0.57	0.68	0.59	0.32	-0.12	0.54	-0.12	0.16	0.39	-0.47	0.52	0.59	0.47	0.14
Total Stockholder Equity	0.99	0.51	0.56		0.98	0.25	0.99	0.72	0.35	0.99	0.67	0.34	0.99	0.97	0.99	0.26	0.18	0.91	0.18	-0.09	0.91	-0.9	0.97	0.82	0.57	0.6
Property Plant And Equipment Net	1.0	0.58	0.62	0.98		0.27	1.0	0.73	0.4	0.96	0.81	0.25	0.98	0.98	0.98	0.45	0.06	0.86	0.06	0.0	0.93	-0.92	0.96	0.85	0.72	0.58
Accounts Payable	0.27	0.41	0.47	0.25	0.27		0.28	0.05	0.62	0.33	0.27	0.22	0.28	0.35	0.3	0.1	0.13	0.45	0.13	0.08	0.21	-0.13	0.2	0.24	0.22	-0.14
Non Current Assets Total	1.0	0.56	0.61	0.99	1.0	0.28		0.73	0.39	0.97	0.78	0.26	0.99	0.98	0.98	0.41	0.08	0.89	0.08	-0.01	0.93	-0.92	0.97	0.85	0.69	0.59
Non Currrent Assets Other	0.71	0.31	0.38	0.72	0.73	0.05	0.73		0.0	0.73	0.47	-0.18	0.76	0.73	0.72	0.29	-0.26	0.62	-0.26	0.32	0.8	-0.83	0.78	0.81	0.41	0.94
Net Receivables	0.4	0.67	0.77	0.35	0.4	0.62	0.39	0.0		0.35	0.55	0.52	0.33	0.45	0.39	0.26	0.24	0.41	0.24	-0.12	0.15	-0.09	0.24	0.23	0.44	-0.28
Good Will	0.98	0.5	0.56	0.99	0.96	0.33	0.97	0.73	0.35		0.65	0.32	0.99	0.97	0.98	0.25	0.16	0.94	0.16	-0.03	0.92	-0.91	0.96	0.84	0.55	0.61
Total Liab	0.77	0.58	0.63	0.67	0.81	0.27	0.78	0.47	0.55	0.65		0.09	0.69	0.75	0.68	0.85	-0.16	0.58	-0.16	0.15	0.72	-0.67	0.64	0.63	0.98	0.31
Total Current Assets	0.31	0.08	0.17	0.34	0.25	0.22	0.26	-0.18	0.52	0.32	0.09		0.26	0.24	0.33	-0.31	0.94	0.43	0.94	-0.8	0.05	0.03	0.19	-0.17	0.01	-0.25
Common Stock	0.98	0.53	0.57	0.99	0.98	0.28	0.99	0.76	0.33	0.99	0.69	0.26		0.98	0.99	0.3	0.1	0.9	0.1	-0.01	0.93	-0.93	0.98	0.87	0.59	0.64
Other Liab	0.98	0.65	0.68	0.97	0.98	0.35	0.98	0.73	0.45	0.97	0.75	0.24	0.98		0.98	0.36	0.04	0.87	0.04	0.04	0.89	-0.89	0.96	0.89	0.64	0.55
Net Tangible Assets	0.98	0.57	0.59	0.99	0.98	0.3	0.98	0.72	0.39	0.98	0.68	0.33	0.99	0.98		0.27	0.17	0.89	0.17	-0.09	0.9	-0.89	0.98	0.84	0.58	0.57
Net Debt	0.39	0.33	0.32	0.26	0.45	0.1	0.41	0.29	0.26	0.25	0.85	-0.31	0.3	0.36	0.27		-0.47	0.17	-0.47	0.39	0.48	-0.42	0.28	0.39	0.92	0.21
Cash	0.13	-0.19	-0.12	0.18	0.06	0.13	0.08	-0.26	0.24	0.16	-0.16	0.94	0.1	0.04	0.17	-0.47		0.26	1.0	-0.9	-0.08	0.15	0.05	-0.36	-0.19	-0.27
Other Assets	0.9	0.43	0.54	0.91	0.86	0.45	0.89	0.62	0.41	0.94	0.58	0.43	0.9	0.87	0.89	0.17	0.26		0.26	-0.04	0.84	-0.79	0.83	0.7	0.46	0.51
Cash And Short Term Investments	0.13	-0.19	-0.12	0.18	0.06	0.13	0.08	-0.26	0.24	0.16	-0.16	0.94	0.1	0.04	0.17	-0.47	1.0	0.26		-0.9	-0.08	0.15	0.05	-0.36	-0.19	-0.27
Other Stockholder Equity	-0.04	0.15	0.16	-0.09	0.0	0.08	-0.01	0.32	-0.12	-0.03	0.15	-0.8	-0.01	0.04	-0.09	0.39	-0.9	-0.04	-0.9		0.19	-0.17	-0.02	0.42	0.15	0.31
Property Plant Equipment	0.92	0.38	0.39	0.91	0.93	0.21	0.93	0.8	0.15	0.92	0.72	0.05	0.93	0.89	0.9	0.48	-0.08	0.84	-0.08	0.19		-0.95	0.92	0.86	0.68	0.73
Retained Earnings	-0.91	-0.46	-0.47	-0.9	-0.92	-0.13	-0.92	-0.83	-0.09	-0.91	-0.67	0.03	-0.93	-0.89	-0.89	-0.42	0.15	-0.79	0.15	-0.17	-0.95		-0.95	-0.89	-0.61	-0.77
Common Stock Total Equity	0.96	0.54	0.52	0.97	0.96	0.2	0.97	0.78	0.24	0.96	0.64	0.19	0.98	0.96	0.98	0.28	0.05	0.83	0.05	-0.02	0.92	-0.95		0.89	0.56	0.67
Common Stock Shares Outstanding	0.83	0.65	0.59	0.82	0.85	0.24	0.85	0.81	0.23	0.84	0.63	-0.17	0.87	0.89	0.84	0.39	-0.36	0.7	-0.36	0.42	0.86	-0.89	0.89		0.54	0.67
Non Current Liabilities Total	0.68	0.51	0.47	0.57	0.72	0.22	0.69	0.41	0.44	0.55	0.98	0.01	0.59	0.64	0.58	0.92	-0.19	0.46	-0.19	0.15	0.68	-0.61	0.56	0.54		0.27
Inventory	0.57	0.07	0.14	0.6	0.58	-0.14	0.59	0.94	-0.28	0.61	0.31	-0.25	0.64	0.55	0.57	0.21	-0.27	0.51	-0.27	0.31	0.73	-0.77	0.67	0.67	0.27

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PrairieSky Royalty Account Relationship Matchups

PrairieSky Royalty fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.6B	3.5B	3.4B	3.3B	3.2B	2.7B
Other Current Liab	20.6M	35.8M	82.2M	89.2M	102.6M	107.7M
Total Current Liabilities	69.7M	44.5M	177.6M	96.4M	110.6M	65.7M
Total Stockholder Equity	2.3B	2.6B	2.8B	2.8B	2.7B	2.3B
Property Plant And Equipment Net	1.9B	2.8B	2.7B	2.6B	2.5B	2.0B
Accounts Payable	1.3M	1.6M	2.1M	2.6M	3.4M	2.4M
Non Current Assets Total	2.6B	3.5B	3.3B	3.2B	3.1B	2.6B
Net Receivables	27.2M	52.4M	80.3M	61.6M	70.8M	51.5M
Liabilities And Stockholders Equity	2.6B	3.5B	3.4B	3.3B	3.8B	2.6B
Total Liab	266.2M	915.8M	647.1M	541.3M	465.7M	361.3M
Total Current Assets	27.7M	52.9M	80.8M	62.3M	69.9M	57.4M
Common Stock	3.3B	3.2B	3.4B	3.4B	3.9B	2.9B
Other Liab	190.6M	194.9M	227M	251.1M	288.8M	199.0M
Net Tangible Assets	1.9B	1.7B	2.0B	2.1B	2.5B	1.8B
Net Debt	47.3M	646.6M	220.1M	188.1M	94.2M	80.8M
Cash	(2.8M)	(2.2M)	(1.6M)	(900K)	(810K)	(769.5K)
Cash And Short Term Investments	(2.8M)	(2.2M)	(1.6M)	(900K)	(810K)	(769.5K)
Other Stockholder Equity	7.7M	8.2M	6.3M	6M	6.9M	7.2M
Property Plant Equipment	2.1B	1.9B	2.8B	1.7B	2.0B	1.9B
Retained Earnings	(869.1M)	(816.4M)	(642.2M)	(643.8M)	(667.5M)	(700.9M)
Common Stock Shares Outstanding	230.1M	223.8M	239.1M	239M	274.9M	241.8M
Non Current Liabilities Total	196.5M	871.3M	469.5M	444.9M	355.1M	343.7M
Property Plant And Equipment Gross	1.9B	3.7B	3.8B	3.8B	3.9B	2.8B
Capital Surpluse	6.6M	7.7M	8.2M	6.3M	7.2M	5.7M
Intangible Assets	682.5M	623.5M	1.0B	1.0B	1.2B	879.0M
Long Term Debt Total	2.2M	1.6M	644.3M	218.4M	251.2M	136.2M
Short Term Debt	43.5M	700K	800K	100K	115K	109.3K
Net Invested Capital	2.4B	3.2B	3.0B	3.0B	2.8B	3.1B
Net Working Capital	(42M)	8.4M	(96.8M)	(34.1M)	(40.7M)	(38.7M)
Short Long Term Debt Total	45.1M	645M	219.2M	188.1M	216.3M	204.1M
Capital Stock	3.3B	3.2B	3.4B	3.4B	3.9B	3.7B
Capital Lease Obligations	2.2M	1.6M	900K	100K	1.3M	1.2M

Pair Trading with PrairieSky Royalty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PrairieSky Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PrairieSky Royalty will appreciate offsetting losses from the drop in the long position's value.

Moving against PrairieSky Stock

0.68	ENB-PFC	Enbridge Pref 11	Pair Corr
0.67	GOOG	Alphabet CDR	Pair Corr
0.62	ENB-PFU	Enbridge Pref L	Pair Corr
0.61	ERC	Eros Resources Corp	Pair Corr
0.55	SAGE	Sage Potash Corp	Pair Corr

The ability to find closely correlated positions to PrairieSky Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PrairieSky Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PrairieSky Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PrairieSky Royalty to buy it.

The correlation of PrairieSky Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PrairieSky Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PrairieSky Royalty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for PrairieSky Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in PrairieSky Stock

Balance Sheet is a snapshot of the financial position of PrairieSky Royalty at a specified time, usually calculated after every quarter, six months, or one year. PrairieSky Royalty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PrairieSky Royalty and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PrairieSky currently owns. An asset can also be divided into two categories, current and non-current.

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PrairieSky Payout Ratio vs Book Value Per Share Analysis

Payout Ratio vs Book Value Per Share

Payout Ratio vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Payout Ratio

Book Value Per Share

PrairieSky Royalty fundamental ratios Correlations

PrairieSky Royalty Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PrairieSky Royalty fundamental ratios Accounts

Pair Trading with PrairieSky Royalty

Moving against PrairieSky Stock

Other Information on Investing in PrairieSky Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Common Stock Total Equity	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Property Plant Equipment
Retained Earnings	- 0.93	Common Stock
Retained Earnings	- 0.92	Non Current Assets Total
Retained Earnings	- 0.92	Property Plant And Equipment Net
Retained Earnings	- 0.91	Good Will