Peabody Intangible Assets vs Long Term Investments Analysis
BTU Stock | USD 24.78 1.06 4.47% |
Peabody Energy financial indicator trend analysis is much more than just breaking down Peabody Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peabody Energy Corp is a good investment. Please check the relationship between Peabody Energy Intangible Assets and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Peabody Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Intangible Assets vs Long Term Investments
Intangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peabody Energy Corp Intangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Peabody Energy's Intangible Assets and Long Term Investments is -0.01. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Peabody Energy Corp, assuming nothing else is changed. The correlation between historical values of Peabody Energy's Intangible Assets 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 Intangible Assets of Peabody Energy Corp 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 Intangible Assets i.e., Peabody Energy's Intangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Long Term Investments
Long Term Investments is an item on the asset side of Peabody Energy balance sheet that represents investments Peabody Energy Corp intends to hold for over a year. Peabody Energy Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Peabody Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peabody Energy Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Peabody Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Peabody Energy's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 2.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 1.95 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 183.4M | 140.3M | 59.8M | 56.8M | Depreciation And Amortization | 373.7M | 397.7M | 371.9M | 457.8M |
Peabody Energy fundamental ratios Correlations
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Peabody Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peabody Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.5B | 4.7B | 4.9B | 5.6B | 6.0B | 9.4B | |
Short Long Term Debt Total | 1.4B | 1.6B | 1.2B | 344.8M | 399.2M | 379.2M | |
Other Current Liab | 58.8M | 64M | 74.5M | 590.1M | 1.6B | 1.7B | |
Total Current Liabilities | 975.3M | 771.2M | 914.5M | 918.7M | 979M | 1.3B | |
Total Stockholder Equity | 2.6B | 929.6M | 1.8B | 3.2B | 3.5B | 2.6B | |
Property Plant And Equipment Net | 4.8B | 3.1B | 3.0B | 2.9B | 2.9B | 2.8B | |
Net Debt | 631.4M | 880.7M | 210.7M | (962.5M) | (570.1M) | (541.6M) | |
Accounts Payable | 254.8M | 146.3M | 201.7M | 240.7M | 275.8M | 368.1M | |
Cash | 732.2M | 709.2M | 954.3M | 1.3B | 969.3M | 592.7M | |
Non Current Assets Total | 4.9B | 3.2B | 3.1B | 3.2B | 3.9B | 7.5B | |
Non Currrent Assets Other | (20.7M) | (7.9M) | 92.2M | 187.4M | 305.9M | 321.2M | |
Cash And Short Term Investments | 732.2M | 709.2M | 954.3M | 1.3B | 969.3M | 592.7M | |
Net Receivables | 329.5M | 244.8M | 350.5M | 465.5M | 389.7M | 413.3M | |
Common Stock Shares Outstanding | 103.7M | 97.7M | 112M | 157.2M | 154.3M | 173.4M | |
Liabilities And Stockholders Equity | 6.5B | 4.7B | 4.9B | 5.6B | 6.0B | 9.4B | |
Non Current Liabilities Total | 2.9B | 2.9B | 2.2B | 1.4B | 1.4B | 1.3B | |
Inventory | 331.5M | 261.6M | 226.7M | 296.1M | 351.8M | 337.4M | |
Other Current Assets | 220.7M | 204.7M | 270.2M | 303.6M | 308.9M | 356.7M | |
Other Stockholder Equity | 2.0B | 2.0B | 2.4B | 2.6B | 2.2B | 1.8B | |
Total Liab | 3.9B | 3.7B | 3.1B | 2.3B | 2.4B | 2.2B | |
Property Plant And Equipment Gross | 4.8B | 3.1B | 3.0B | 2.9B | 5.0B | 6.9B | |
Total Current Assets | 1.6B | 1.4B | 1.8B | 2.4B | 2.0B | 1.9B | |
Accumulated Other Comprehensive Income | 31.6M | 205.8M | 297.9M | 242.5M | 189.6M | 199.1M | |
Short Term Debt | 18.3M | 25.5M | 42.4M | 13.2M | 30.8M | 37.4M | |
Retained Earnings | 597M | (1.3B) | (913.2M) | 383.9M | 1.1B | 655.2M | |
Other Liab | 1.5B | 1.4B | 1.1B | 1.1B | 959.1M | 1.5B | |
Other Assets | 28.3M | 196M | (300K) | 262.1M | 235.9M | 308.8M | |
Long Term Debt | 1.3B | 1.5B | 1.1B | 320.6M | 320.7M | 304.7M | |
Treasury Stock | (1.4B) | (1.4B) | (1.4B) | (1.4B) | (1.2B) | (1.2B) | |
Property Plant Equipment | 4.7B | 3.1B | 3.0B | 2.9B | 3.3B | 3.2B | |
Intangible Assets | 177.2M | 70.9M | 20.7M | 7.9M | 9.1M | 8.6M | |
Noncontrolling Interest In Consolidated Entity | 58.7M | 51.7M | 59M | 63.5M | 73.0M | 76.7M | |
Retained Earnings Total Equity | 597M | (1.3B) | (913.2M) | 383.9M | 345.5M | 176.2M | |
Deferred Long Term Liab | 28.8M | 35M | 27.3M | 20.4M | 18.4M | 17.4M |
Pair Trading with Peabody Energy
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 Peabody Energy 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 Peabody Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Peabody Stock
0.69 | AR | Antero Resources Corp | PairCorr |
0.67 | ET | Energy Transfer LP Aggressive Push | PairCorr |
0.65 | EC | Ecopetrol SA ADR | PairCorr |
0.64 | ARLP | Alliance Resource Financial Report 29th of July 2024 | PairCorr |
0.59 | AM | Antero Midstream Partners | PairCorr |
The ability to find closely correlated positions to Peabody Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peabody Energy 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 Peabody Energy - 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 Peabody Energy Corp to buy it.
The correlation of Peabody Energy 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 Peabody Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peabody Energy Corp 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 Peabody Energy 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Peabody Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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Is Peabody Energy's industry 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 Peabody Energy. If investors know Peabody 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 Peabody Energy 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 (0.82) | Dividend Share 0.3 | Earnings Share 3.61 | Revenue Per Share 34.211 | Quarterly Revenue Growth (0.28) |
The market value of Peabody Energy Corp is measured differently than its book value, which is the value of Peabody that is recorded on the company's balance sheet. Investors also form their own opinion of Peabody Energy's value that differs from its market value or its book value, called intrinsic value, which is Peabody Energy'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 Peabody Energy's market value can be influenced by many factors that don't directly affect Peabody Energy'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 Peabody Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peabody Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peabody Energy'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.