Petroleo Retained Earnings vs Current Deferred Revenue Analysis
PBR Stock | USD 15.12 0.10 0.67% |
Petroleo Brasileiro financial indicator trend analysis is much more than just breaking down Petroleo Brasileiro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petroleo Brasileiro is a good investment. Please check the relationship between Petroleo Brasileiro Retained Earnings and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petroleo Brasileiro Petrobras. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Retained Earnings vs Current Deferred Revenue
Retained Earnings vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petroleo Brasileiro Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Petroleo Brasileiro's Retained Earnings and Current Deferred Revenue is 0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Petroleo Brasileiro Petrobras, assuming nothing else is changed. The correlation between historical values of Petroleo Brasileiro's Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Petroleo Brasileiro Petrobras are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Petroleo Brasileiro's Retained Earnings and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Petroleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petroleo Brasileiro 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 Petroleo Brasileiro Petrobras. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Petroleo Brasileiro's Selling General Administrative is relatively stable compared to the past year. As of 05/21/2024, Tax Provision is likely to grow to about 16.9 B, while Enterprise Value is likely to drop slightly above 120.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 40.8B | 65.0B | 51.5B | 36.0B | Total Revenue | 84.0B | 124.5B | 102.5B | 95.6B |
Petroleo Brasileiro fundamental ratios Correlations
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Petroleo Brasileiro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Petroleo Brasileiro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 229.7B | 190.0B | 174.3B | 187.2B | 216.3B | 206.8B | |
Short Long Term Debt Total | 87.1B | 75.5B | 58.7B | 53.8B | 62.4B | 69.3B | |
Other Current Liab | 5.2B | 2.3B | 2.7B | 16.8B | 12.6B | 13.3B | |
Total Current Liabilities | 28.8B | 26.2B | 24.2B | 31.4B | 33.7B | 27.7B | |
Total Stockholder Equity | 73.3B | 59.3B | 69.4B | 69.5B | 78.3B | 86.8B | |
Property Plant And Equipment Net | 159.3B | 124.2B | 125.3B | 130.2B | 152.9B | 137.6B | |
Net Debt | 79.7B | 63.8B | 48.3B | 45.8B | 57.4B | 55.6B | |
Retained Earnings | 31.0B | 24.5B | 29.5B | 24.4B | 32.8B | 35.2B | |
Accounts Payable | 5.6B | 6.9B | 5.5B | 5.5B | 4.8B | 7.3B | |
Cash | 7.4B | 11.7B | 10.5B | 8.0B | 5.0B | 4.7B | |
Non Current Assets Total | 201.9B | 162.6B | 144.2B | 155.9B | 184.0B | 166.9B | |
Non Currrent Assets Other | 16.2B | 13.7B | 13.7B | 18.8B | (4.9B) | (4.7B) | |
Cash And Short Term Investments | 8.3B | 12.4B | 11.1B | 10.8B | 15.5B | 17.2B | |
Net Receivables | 7.3B | 7.3B | 7.7B | 6.3B | 7.3B | 9.9B | |
Short Term Investments | 888M | 659M | 650M | 2.8B | 10.5B | 11.0B | |
Liabilities And Stockholders Equity | 229.7B | 190.0B | 174.3B | 187.2B | 216.3B | 206.8B | |
Non Current Liabilities Total | 126.7B | 103.9B | 80.4B | 86.0B | 103.9B | 91.3B | |
Inventory | 8.2B | 5.7B | 7.3B | 8.8B | 7.7B | 9.2B | |
Other Current Assets | 1.5B | 1.2B | 1.6B | 1.8B | 1.9B | 1.4B | |
Total Liab | 155.5B | 130.1B | 104.5B | 117.4B | 137.6B | 118.9B | |
Total Current Assets | 27.8B | 27.4B | 30.1B | 31.3B | 32.3B | 39.8B | |
Accumulated Other Comprehensive Income | (33.8B) | (47.8B) | (37.7B) | (37.6B) | 3.3B | 3.4B | |
Short Term Debt | 10.2B | 9.9B | 9.1B | 9.1B | 11.5B | 8.4B | |
Other Liab | 200.7B | 198.8B | 30.7B | 215.5B | 247.9B | 260.3B | |
Other Assets | 29.9B | 104.7B | 14.3B | 89.8B | 1.0 | 0.95 | |
Long Term Debt | 237.0B | 49.7B | 32.1B | 137.6B | 118.8B | 121.4B | |
Property Plant Equipment | 641.9B | 645.4B | 125.3B | 679.2B | 781.1B | 820.1B | |
Current Deferred Revenue | 7.8B | 7.2B | 6.9B | 4.8B | 5.5B | 6.5B | |
Other Stockholder Equity | (31.0B) | (24.5B) | (29.5B) | (24.4B) | 1.0 | 0.95 | |
Property Plant And Equipment Gross | 159.3B | 124.2B | 216.4B | 231.0B | 1.3T | 1.4T | |
Good Will | 203M | 63M | 24M | 22M | 25.3M | 24.1M | |
Intangible Assets | 19.4B | 14.9B | 3.0B | 3.0B | 14.6B | 10.9B | |
Net Tangible Assets | 217.1B | 230.7B | 66.4B | 347.0B | 312.3B | 178.6B | |
Long Term Investments | 5.6B | 3.3B | 1.6B | 3.1B | 18.3B | 19.2B | |
Short Long Term Debt | 4.5B | 4.2B | 3.6B | 3.6B | 21.0B | 25.3B | |
Long Term Debt Total | 310.0B | 341.2B | 277.2B | 233.1B | 209.7B | 260.2B | |
Capital Lease Obligations | 23.9B | 21.7B | 23.0B | 23.8B | 164.0B | 172.2B |
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Is Petroleo Brasileiro'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 Petroleo Brasileiro. If investors know Petroleo 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 Petroleo Brasileiro 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 (0.37) | Dividend Share 5.416 | Earnings Share 3.44 | Revenue Per Share 75.536 | Quarterly Revenue Growth (0.15) |
The market value of Petroleo Brasileiro is measured differently than its book value, which is the value of Petroleo that is recorded on the company's balance sheet. Investors also form their own opinion of Petroleo Brasileiro's value that differs from its market value or its book value, called intrinsic value, which is Petroleo Brasileiro'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 Petroleo Brasileiro's market value can be influenced by many factors that don't directly affect Petroleo Brasileiro'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 Petroleo Brasileiro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petroleo Brasileiro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petroleo Brasileiro'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.