Permianville Property Plant Equipment vs Long Term Investments Analysis
PVL Stock | USD 1.54 0.03 1.91% |
Permianville Royalty financial indicator trend analysis is much more than just breaking down Permianville Royalty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Permianville Royalty is a good investment. Please check the relationship between Permianville Royalty Property Plant Equipment and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permianville 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 real.
Property Plant Equipment vs Long Term Investments
Property Plant Equipment vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Permianville Royalty Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Permianville Royalty's Property Plant Equipment and Long Term Investments is 0.71. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Permianville Royalty Trust, assuming nothing else is changed. The correlation between historical values of Permianville Royalty's Property Plant Equipment and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Permianville Royalty Trust are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., Permianville Royalty's Property Plant Equipment and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Long Term Investments
Long Term Investments is an item on the asset side of Permianville Royalty balance sheet that represents investments Permianville Royalty intends to hold for over a year. Permianville Royalty Trust long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Permianville Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Permianville 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 Permianville 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 real. At this time, Permianville Royalty's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 5.41 this year, although the value of Selling General Administrative will most likely fall to about 856.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 3.0 | 8.0K | 47.2K | 49.6K | Net Interest Income | 3.0 | 8.0K | 47.2K | 49.6K |
Permianville Royalty fundamental ratios Correlations
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Permianville Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Permianville Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 77.3M | 71.3M | 65.2M | 60.6M | 51.6M | 49.0M | |
Total Stockholder Equity | 77.2M | 70.9M | 65.2M | 60.6M | 51.6M | 49.0M | |
Property Plant And Equipment Net | 77.2M | 71.3M | 65.1M | 59.6M | 50.2M | 47.7M | |
Net Debt | (55.8K) | 319.2K | (67.1K) | (922.9K) | (1.4M) | (1.3M) | |
Cash | 90.7K | 29.6K | 67.1K | 922.9K | 1.4M | 1.3M | |
Non Current Assets Total | 77.2M | 71.3M | 65.1M | 59.6M | 50.2M | 47.7M | |
Non Currrent Assets Other | (77.2M) | (71.3M) | (65.1M) | (59.6M) | (50.2M) | (47.7M) | |
Cash And Short Term Investments | 90.7K | 29.6K | 67.1K | 922.9K | 1.4M | 1.3M | |
Liabilities And Stockholders Equity | 77.3M | 71.3M | 65.2M | 60.6M | 51.6M | 49.0M | |
Other Stockholder Equity | (154.4M) | (141.9M) | 60.8M | (4.4K) | (3.9K) | (3.7K) | |
Total Current Assets | 90.7K | 29.6K | 67.1K | 922.9K | 1.4M | 1.3M | |
Accumulated Other Comprehensive Income | (263.4M) | (273.8M) | 77.2M | 70.9M | 63.9M | 67.0M | |
Net Tangible Assets | 77.2M | 70.9M | 65.2M | 60.6M | 54.5M | 107.5M | |
Common Stock | 77.2M | 70.9M | 65.2M | 60.6M | 51.6M | 100.8M | |
Cash And Equivalents | 827.2K | 90.7K | 29.6K | 67.1K | 60.4K | 57.4K | |
Property Plant Equipment | 83.3M | 77.2M | 71.3M | 65.1M | 58.6M | 66.4M |
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Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Permianville Royalty. If investors know Permianville will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Permianville Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.051 | Earnings Share 0.2 | Revenue Per Share 0.101 | Quarterly Revenue Growth (0.99) | Return On Assets 0.0269 |
The market value of Permianville Royalty is measured differently than its book value, which is the value of Permianville that is recorded on the company's balance sheet. Investors also form their own opinion of Permianville Royalty's value that differs from its market value or its book value, called intrinsic value, which is Permianville Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Permianville Royalty's market value can be influenced by many factors that don't directly affect Permianville Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Permianville Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Permianville Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permianville Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.