Petroleo Total Stockholder Equity vs Non Current Assets Total Analysis
PBR Stock | USD 13.80 0.19 1.36% |
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 Total Stockholder Equity and its Non Current Assets Total 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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Total Stockholder Equity vs Non Current Assets Total
Total Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petroleo Brasileiro Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Petroleo Brasileiro's Total Stockholder Equity and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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 Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Petroleo Brasileiro Petrobras are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Petroleo Brasileiro's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 closely tied 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 06/14/2024, 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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When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.