Paramount Historical Balance Sheet

POU Stock

CAD 31.49 0.32 1.03%

Trend analysis of Paramount Resources balance sheet accounts such as Total Stockholder Equity of 3.7 B, Property Plant And Equipment Net of 1.6 B, Retained Earnings of 664 M or Accounts Payable of 146.9 M provides information on Paramount Resources' total assets, liabilities, and equity, which is the actual value of Paramount Resources to its prevalent stockholders. By breaking down trends over time using Paramount Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Paramount Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Paramount Resources is a good buy for the upcoming year.

Paramount Resources Inventory

0.86

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Resources. 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.

About Paramount Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Paramount Resources at a specified time, usually calculated after every quarter, six months, or one year. Paramount Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Paramount Resources 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 Paramount currently owns. An asset can also be divided into two categories, current and non-current.

Paramount Resources Balance Sheet Chart

At this time, Paramount Resources' Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of November 2024, Non Current Liabilities Total is likely to grow to about 763.9 M, while Short and Long Term Debt Total is likely to drop about 27.7 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of Paramount Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Paramount Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Paramount Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Paramount Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Paramount Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Paramount Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Paramount Resources. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	398.9M	177.4M	29.2M	27.7M
Total Assets	3.9B	4.3B	4.4B	4.6B

Short Long Term Debt Total Total Assets

Paramount Resources balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash	Cash And Short Term Investments	Current Deferred Revenue	Short Term Debt	Common Stock Total Equity	Common Stock
Total Assets		-0.08	-0.04	0.69	0.87	0.86	0.05	0.41	0.69	0.99	0.64	0.8	0.35	0.49	-0.18	0.27	0.0	0.54	0.86	0.17	-0.18	-0.19	0.57	0.3	0.86	0.88
Short Long Term Debt Total	-0.08		-0.18	0.27	-0.49	0.24	0.82	-0.9	-0.07	-0.05	-0.24	-0.35	-0.35	0.68	0.22	-0.21	-0.51	0.67	-0.38	-0.17	0.01	0.01	0.54	0.19	-0.09	-0.09
Other Current Liab	-0.04	-0.18		-0.09	0.06	-0.13	-0.4	0.16	-0.05	-0.11	0.16	-0.04	-0.28	-0.18	-0.29	0.23	-0.07	-0.18	-0.12	0.5	0.44	0.44	0.13	0.14	-0.1	-0.1
Total Current Liabilities	0.69	0.27	-0.09		0.49	0.79	0.28	0.11	0.89	0.69	0.25	0.47	0.08	0.47	-0.22	0.16	-0.16	0.55	0.51	0.12	-0.08	-0.09	0.59	0.2	0.56	0.53
Total Stockholder Equity	0.87	-0.49	0.06	0.49		0.55	-0.38	0.74	0.58	0.83	0.54	0.78	0.47	-0.01	-0.27	0.36	0.24	0.05	0.92	0.34	-0.04	-0.04	0.3	0.02	0.81	0.82
Property Plant And Equipment Net	0.86	0.24	-0.13	0.79	0.55		0.36	0.06	0.75	0.87	0.46	0.76	0.38	0.73	-0.05	0.22	-0.21	0.78	0.58	0.06	-0.25	-0.26	0.63	0.47	0.8	0.79
Net Debt	0.05	0.82	-0.4	0.28	-0.38	0.36		-0.72	0.14	0.15	-0.14	-0.12	-0.19	0.76	0.31	-0.08	-0.45	0.75	-0.17	-0.6	-0.55	-0.55	0.3	0.08	-0.04	-0.03
Retained Earnings	0.41	-0.9	0.16	0.11	0.74	0.06	-0.72		0.38	0.37	0.46	0.52	0.34	-0.47	-0.47	0.3	0.41	-0.43	0.62	0.25	-0.02	-0.03	-0.26	-0.1	0.32	0.32
Accounts Payable	0.69	-0.07	-0.05	0.89	0.58	0.75	0.14	0.38		0.72	0.35	0.62	0.19	0.34	-0.18	0.23	0.02	0.42	0.62	-0.05	-0.32	-0.34	0.3	0.16	0.53	0.49
Non Current Assets Total	0.99	-0.05	-0.11	0.69	0.83	0.87	0.15	0.37	0.72		0.63	0.78	0.34	0.54	-0.13	0.22	-0.01	0.59	0.85	0.02	-0.3	-0.31	0.53	0.28	0.84	0.86
Non Currrent Assets Other	0.64	-0.24	0.16	0.25	0.54	0.46	-0.14	0.46	0.35	0.63		0.42	0.13	0.36	-0.44	-0.05	0.14	0.37	0.51	0.06	-0.04	-0.06	0.32	0.46	0.46	0.45
Net Receivables	0.8	-0.35	-0.04	0.47	0.78	0.76	-0.12	0.52	0.62	0.78	0.42		0.71	0.23	-0.08	0.58	0.05	0.27	0.74	0.23	-0.31	-0.31	0.23	0.21	0.81	0.81
Common Stock Shares Outstanding	0.35	-0.35	-0.28	0.08	0.47	0.38	-0.19	0.34	0.19	0.34	0.13	0.71		-0.11	0.06	0.3	0.11	-0.09	0.4	0.12	-0.24	-0.22	0.0	-0.14	0.69	0.66
Non Current Liabilities Total	0.49	0.68	-0.18	0.47	-0.01	0.73	0.76	-0.47	0.34	0.54	0.36	0.23	-0.11		0.13	-0.09	-0.42	1.0	0.11	-0.27	-0.3	-0.31	0.62	0.59	0.32	0.34
Inventory	-0.18	0.22	-0.29	-0.22	-0.27	-0.05	0.31	-0.47	-0.18	-0.13	-0.44	-0.08	0.06	0.13		-0.17	-0.03	0.1	-0.15	-0.31	-0.24	-0.24	0.01	-0.19	-0.05	-0.04
Other Current Assets	0.27	-0.21	0.23	0.16	0.36	0.22	-0.08	0.3	0.23	0.22	-0.05	0.58	0.3	-0.09	-0.17		-0.11	-0.07	0.32	0.37	-0.19	-0.18	-0.04	-0.17	0.21	0.24
Other Stockholder Equity	0.0	-0.51	-0.07	-0.16	0.24	-0.21	-0.45	0.41	0.02	-0.01	0.14	0.05	0.11	-0.42	-0.03	-0.11		-0.41	0.43	0.02	0.05	0.05	-0.44	-0.05	-0.05	-0.06
Total Liab	0.54	0.67	-0.18	0.55	0.05	0.78	0.75	-0.43	0.42	0.59	0.37	0.27	-0.09	1.0	0.1	-0.07	-0.41		0.16	-0.24	-0.29	-0.31	0.65	0.58	0.37	0.38
Property Plant And Equipment Gross	0.86	-0.38	-0.12	0.51	0.92	0.58	-0.17	0.62	0.62	0.85	0.51	0.74	0.4	0.11	-0.15	0.32	0.43	0.16		0.11	-0.24	-0.24	0.22	0.03	0.73	0.74
Total Current Assets	0.17	-0.17	0.5	0.12	0.34	0.06	-0.6	0.25	-0.05	0.02	0.06	0.23	0.12	-0.27	-0.31	0.37	0.02	-0.24	0.11		0.81	0.81	0.33	0.19	0.26	0.27
Cash	-0.18	0.01	0.44	-0.08	-0.04	-0.25	-0.55	-0.02	-0.32	-0.3	-0.04	-0.31	-0.24	-0.3	-0.24	-0.19	0.05	-0.29	-0.24	0.81		1.0	0.28	0.21	-0.08	-0.09
Cash And Short Term Investments	-0.19	0.01	0.44	-0.09	-0.04	-0.26	-0.55	-0.03	-0.34	-0.31	-0.06	-0.31	-0.22	-0.31	-0.24	-0.18	0.05	-0.31	-0.24	0.81	1.0		0.28	0.19	-0.08	-0.08
Current Deferred Revenue	0.57	0.54	0.13	0.59	0.3	0.63	0.3	-0.26	0.3	0.53	0.32	0.23	0.0	0.62	0.01	-0.04	-0.44	0.65	0.22	0.33	0.28	0.28		0.35	0.58	0.59
Short Term Debt	0.3	0.19	0.14	0.2	0.02	0.47	0.08	-0.1	0.16	0.28	0.46	0.21	-0.14	0.59	-0.19	-0.17	-0.05	0.58	0.03	0.19	0.21	0.19	0.35		0.15	0.15
Common Stock Total Equity	0.86	-0.09	-0.1	0.56	0.81	0.8	-0.04	0.32	0.53	0.84	0.46	0.81	0.69	0.32	-0.05	0.21	-0.05	0.37	0.73	0.26	-0.08	-0.08	0.58	0.15		0.99
Common Stock	0.88	-0.09	-0.1	0.53	0.82	0.79	-0.03	0.32	0.49	0.86	0.45	0.81	0.66	0.34	-0.04	0.24	-0.06	0.38	0.74	0.27	-0.09	-0.08	0.59	0.15	0.99

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Paramount Resources Account Relationship Matchups

Paramount Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.5B	3.9B	4.3B	4.4B	4.6B
Short Long Term Debt Total	663.9M	835.2M	398.9M	177.4M	29.2M	27.7M
Other Current Liab	3.2M	32.3M	6.5M	56.6M	38.5M	41.8M
Total Current Liabilities	246.9M	217.3M	256M	282.4M	313M	202.2M
Total Stockholder Equity	2.1B	2.0B	2.6B	3.4B	3.5B	3.7B
Property Plant And Equipment Net	2.6B	2.6B	2.8B	2.9B	2.9B	1.6B
Net Debt	657.9M	830.6M	397.2M	174.9M	(19.7M)	(18.7M)
Retained Earnings	(128.5M)	(235.1M)	(15.5M)	517.6M	632.4M	664.0M
Accounts Payable	178.1M	141.2M	209.9M	222.8M	271.5M	146.9M
Non Current Assets Total	3.4B	3.4B	3.7B	3.8B	4.2B	4.4B
Non Currrent Assets Other	4.8M	2.8M	1.2M	2.9M	546.6M	573.9M
Net Receivables	118.6M	100.0M	141.9M	223.2M	155.8M	84.4M
Common Stock Shares Outstanding	130.6M	133.3M	142.8M	147M	148.3M	94.9M
Liabilities And Stockholders Equity	3.5B	3.5B	3.9B	4.3B	4.4B	4.6B
Non Current Liabilities Total	1.2B	1.2B	1.0B	676.8M	576.5M	763.9M
Other Current Assets	11.0M	9.9M	7.3M	280.5M	18.9M	23.9M
Other Stockholder Equity	(153.8M)	(101.6M)	199.2M	8.3M	179.6M	148.4M
Total Liab	1.4B	1.5B	1.3B	959.2M	889.5M	966.1M
Property Plant And Equipment Gross	2.6B	2.6B	5.1B	5.4B	6.2B	6.5B
Total Current Assets	141.7M	114.9M	156.7M	506.2M	223.6M	172.7M
Accumulated Other Comprehensive Income	4.2M	65.4M	370M	593.4M	385.2M	404.5M
Cash	6.0M	4.6M	1.7M	2.5M	48.9M	62.6M
Cash And Short Term Investments	6.0M	4.6M	1.7M	2.5M	48.9M	66.5M
Short Term Debt	9.9M	10.0M	10M	3M	2.7M	2.6M
Common Stock Total Equity	2.2B	2.2B	2.2B	2.2B	2.5B	1.8B
Common Stock	2.2B	2.2B	2.3B	2.3B	2.3B	2.0B
Other Liab	540.9M	397.3M	630.7M	502.4M	577.8M	517.0M
Net Tangible Assets	2.1B	2.0B	2.6B	3.4B	3.9B	2.2B
Other Assets	668.2M	750.8M	546.7M	332M	1.0	0.95
Long Term Debt	632.3M	813.5M	386.3M	159.4M	143.5M	136.3M
Long Term Investments	156.9M	148.8M	372.1M	557.1M	540.9M	272.3M
Property Plant Equipment	2.6B	2.6B	2.8B	2.9B	3.4B	2.8B
Long Term Debt Total	654.1M	825.2M	388.9M	174.4M	157.0M	149.1M
Capital Surpluse	158.0M	167.1M	170.8M	185.2M	213.0M	167.9M

Pair Trading with Paramount Resources

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 Paramount Resources 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 Paramount Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Paramount Stock

0.75

ENS-PA

E Split Corp

Pair Corr

Moving against Paramount Stock

0.41

SAGE

Sage Potash Corp

Pair Corr

The ability to find closely correlated positions to Paramount Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paramount Resources 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 Paramount Resources - 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 Paramount Resources to buy it.

The correlation of Paramount Resources 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 Paramount Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paramount Resources 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 Paramount Resources 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 Paramount Stock

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Paramount Historical Balance Sheet

Paramount Resources Inventory

0.86

About Paramount Balance Sheet Analysis

Paramount Resources Balance Sheet Chart

Total Assets

Total Current Liabilities

Paramount Resources balance sheet Correlations

Paramount Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Paramount Resources balance sheet Accounts

Pair Trading with Paramount Resources

Moving together with Paramount Stock

Moving against Paramount Stock

Other Information on Investing in Paramount Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.92	Total Stockholder Equity
Accounts Payable	+ 0.89	Total Current Liabilities

Retained Earnings	- 0.9	Short Long Term Debt Total
Retained Earnings	- 0.72	Net Debt
Total Current Assets	- 0.6	Net Debt
Cash And Short Term Investments	- 0.55	Net Debt
Cash	- 0.55	Net Debt
Other Stockholder Equity	- 0.51	Short Long Term Debt Total