Parkland Capex To Depreciation vs Price To Sales Ratio Analysis

PKI Stock

CAD 42.41 0.64 1.49%

Parkland Fuel financial indicator trend analysis is much more than just breaking down Parkland Fuel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parkland Fuel is a good investment. Please check the relationship between Parkland Fuel Capex To Depreciation and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parkland Fuel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parkland Fuel Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Parkland Fuel's Capex To Depreciation and Price To Sales Ratio is -0.08. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Parkland Fuel, assuming nothing else is changed. The correlation between historical values of Parkland Fuel's Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Parkland Fuel are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Parkland Fuel's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Parkland Fuel stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Parkland Fuel sales, a figure that is much harder to manipulate than other Parkland Fuel multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Most indicators from Parkland Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Parkland Fuel 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 Parkland Fuel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Parkland Fuel's Selling General Administrative is very stable compared to the past year. As of the 1st of May 2024, Tax Provision is likely to grow to about 51.6 M, while Issuance Of Capital Stock is likely to drop about 12.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	223M	295M	352M	369.6M
Depreciation And Amortization	616M	743M	854.5M	897.2M

Interest Expense Depreciation And Amortization

Parkland Fuel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Short Term Debt	Intangible Assets	Other Current Liab	Cash	Cash And Short Term Investments	Current Deferred Revenue	Good Will
Total Assets		0.99	0.98	0.97	1.0	0.99	-0.18	0.98	1.0	0.49	0.96	0.95	1.0	0.97	0.23	-0.33	1.0	0.99	0.97	0.57	0.98	0.6	0.88	0.89	0.95	0.99
Short Long Term Debt Total	0.99		0.98	0.97	0.98	0.96	-0.09	0.99	0.97	0.39	0.94	0.92	0.98	0.99	0.17	-0.23	0.99	1.0	0.98	0.57	0.95	0.52	0.88	0.94	0.97	0.96
Total Current Liabilities	0.98	0.98		0.97	0.96	0.95	-0.18	0.99	0.96	0.36	0.96	0.92	0.96	0.98	0.29	-0.2	0.98	0.98	0.99	0.6	0.95	0.61	0.88	0.93	0.98	0.96
Total Stockholder Equity	0.97	0.97	0.97		0.97	0.94	-0.22	0.97	0.97	0.41	0.93	0.96	0.95	0.95	0.2	-0.21	0.97	0.96	0.95	0.53	0.97	0.66	0.83	0.89	0.96	0.97
Property Plant And Equipment Net	1.0	0.98	0.96	0.97		0.99	-0.16	0.96	1.0	0.54	0.95	0.95	0.99	0.95	0.18	-0.38	0.99	0.98	0.95	0.55	0.99	0.6	0.86	0.87	0.92	0.99
Net Debt	0.99	0.96	0.95	0.94	0.99		-0.25	0.95	0.99	0.54	0.97	0.92	0.99	0.95	0.26	-0.39	0.99	0.97	0.95	0.55	0.98	0.58	0.89	0.84	0.89	0.98
Retained Earnings	-0.18	-0.09	-0.18	-0.22	-0.16	-0.25		-0.15	-0.19	0.03	-0.25	-0.19	-0.17	-0.12	-0.53	-0.05	-0.17	-0.14	-0.15	-0.06	-0.26	-0.4	-0.14	0.06	-0.12	-0.25
Accounts Payable	0.98	0.99	0.99	0.97	0.96	0.95	-0.15		0.96	0.32	0.96	0.9	0.97	1.0	0.21	-0.16	0.98	0.99	0.99	0.54	0.94	0.54	0.89	0.95	0.98	0.95
Non Current Assets Total	1.0	0.97	0.96	0.97	1.0	0.99	-0.19	0.96		0.55	0.95	0.96	0.99	0.95	0.2	-0.39	0.99	0.97	0.94	0.56	0.99	0.62	0.85	0.86	0.92	1.0
Non Currrent Assets Other	0.49	0.39	0.36	0.41	0.54	0.54	0.03	0.32	0.55		0.4	0.54	0.52	0.3	0.17	-0.83	0.48	0.38	0.32	0.5	0.55	0.4	0.41	0.23	0.29	0.54
Net Receivables	0.96	0.94	0.96	0.93	0.95	0.97	-0.25	0.96	0.95	0.4		0.89	0.96	0.96	0.25	-0.26	0.97	0.96	0.97	0.5	0.95	0.58	0.92	0.87	0.9	0.94
Common Stock Shares Outstanding	0.95	0.92	0.92	0.96	0.95	0.92	-0.19	0.9	0.96	0.54	0.89		0.93	0.88	0.23	-0.4	0.94	0.91	0.88	0.58	0.96	0.68	0.74	0.79	0.9	0.97
Non Current Liabilities Total	1.0	0.98	0.96	0.95	0.99	0.99	-0.17	0.97	0.99	0.52	0.96	0.93		0.96	0.2	-0.37	1.0	0.99	0.96	0.55	0.98	0.56	0.89	0.88	0.92	0.98
Inventory	0.97	0.99	0.98	0.95	0.95	0.95	-0.12	1.0	0.95	0.3	0.96	0.88	0.96		0.18	-0.16	0.98	0.99	0.99	0.52	0.92	0.5	0.9	0.95	0.96	0.93
Other Current Assets	0.23	0.17	0.29	0.2	0.18	0.26	-0.53	0.21	0.2	0.17	0.25	0.23	0.2	0.18		-0.13	0.23	0.18	0.27	0.67	0.21	0.42	0.23	0.11	0.29	0.25
Other Stockholder Equity	-0.33	-0.23	-0.2	-0.21	-0.38	-0.39	-0.05	-0.16	-0.39	-0.83	-0.26	-0.4	-0.37	-0.16	-0.13		-0.33	-0.24	-0.16	-0.35	-0.38	-0.26	-0.2	-0.04	-0.12	-0.39
Total Liab	1.0	0.99	0.98	0.97	0.99	0.99	-0.17	0.98	0.99	0.48	0.97	0.94	1.0	0.98	0.23	-0.33		0.99	0.97	0.57	0.98	0.58	0.89	0.9	0.94	0.98
Property Plant And Equipment Gross	0.99	1.0	0.98	0.96	0.98	0.97	-0.14	0.99	0.97	0.38	0.96	0.91	0.99	0.99	0.18	-0.24	0.99		0.98	0.53	0.95	0.52	0.88	0.93	0.95	0.96
Total Current Assets	0.97	0.98	0.99	0.95	0.95	0.95	-0.15	0.99	0.94	0.32	0.97	0.88	0.96	0.99	0.27	-0.16	0.97	0.98		0.58	0.92	0.53	0.92	0.95	0.97	0.93
Short Term Debt	0.57	0.57	0.6	0.53	0.55	0.55	-0.06	0.54	0.56	0.5	0.5	0.58	0.55	0.52	0.67	-0.35	0.57	0.53	0.58		0.51	0.3	0.54	0.54	0.62	0.56
Intangible Assets	0.98	0.95	0.95	0.97	0.99	0.98	-0.26	0.94	0.99	0.55	0.95	0.96	0.98	0.92	0.21	-0.38	0.98	0.95	0.92	0.51		0.67	0.84	0.82	0.9	0.99
Other Current Liab	0.6	0.52	0.61	0.66	0.6	0.58	-0.4	0.54	0.62	0.4	0.58	0.68	0.56	0.5	0.42	-0.26	0.58	0.52	0.53	0.3	0.67		0.38	0.35	0.58	0.65
Cash	0.88	0.88	0.88	0.83	0.86	0.89	-0.14	0.89	0.85	0.41	0.92	0.74	0.89	0.9	0.23	-0.2	0.89	0.88	0.92	0.54	0.84	0.38		0.91	0.84	0.83
Cash And Short Term Investments	0.89	0.94	0.93	0.89	0.87	0.84	0.06	0.95	0.86	0.23	0.87	0.79	0.88	0.95	0.11	-0.04	0.9	0.93	0.95	0.54	0.82	0.35	0.91		0.94	0.83
Current Deferred Revenue	0.95	0.97	0.98	0.96	0.92	0.89	-0.12	0.98	0.92	0.29	0.9	0.9	0.92	0.96	0.29	-0.12	0.94	0.95	0.97	0.62	0.9	0.58	0.84	0.94		0.92
Good Will	0.99	0.96	0.96	0.97	0.99	0.98	-0.25	0.95	1.0	0.54	0.94	0.97	0.98	0.93	0.25	-0.39	0.98	0.96	0.93	0.56	0.99	0.65	0.83	0.83	0.92

Click cells to compare fundamentals

Parkland Fuel Account Relationship Matchups

Parkland Fuel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3B	9.1B	11.6B	14.3B	13.9B	14.6B
Short Long Term Debt Total	3.9B	4.2B	5.6B	7.0B	8.0B	8.4B
Total Current Liabilities	1.9B	1.6B	2.3B	3.3B	3.4B	3.5B
Total Stockholder Equity	2.0B	1.9B	2.0B	3.0B	3.2B	3.3B
Property Plant And Equipment Net	3.7B	3.8B	4.4B	5.1B	5.2B	5.4B
Net Debt	3.7B	3.9B	5.3B	6.3B	4.9B	5.2B
Retained Earnings	53M	(49M)	(142M)	(206M)	9M	9.5M
Accounts Payable	1.4B	1.2B	2.0B	2.8B	2.8B	3.0B
Non Current Assets Total	7.1B	7.2B	8.4B	9.7B	9.5B	10.0B
Non Currrent Assets Other	474M	552M	205M	195M	92M	67.9M
Net Receivables	1.1B	826M	1.4B	1.9B	1.4B	1.5B
Common Stock Shares Outstanding	135.1M	149.7M	150.9M	152.5M	176M	184.8M
Liabilities And Stockholders Equity	9.3B	9.1B	11.6B	14.3B	16.4B	17.3B
Non Current Liabilities Total	5.1B	5.2B	7.0B	8.0B	7.3B	7.7B
Inventory	780M	650M	1.3B	1.7B	1.8B	1.8B
Other Current Assets	97M	140M	179M	290M	75M	57.9M
Other Stockholder Equity	(467M)	(444M)	(435M)	73M	65.7M	69.0M
Total Liab	7.0B	6.8B	9.2B	11.3B	10.7B	11.2B
Property Plant And Equipment Gross	3.7B	3.8B	6.3B	7.5B	7.8B	8.2B
Total Current Assets	2.2B	1.9B	3.1B	4.6B	4.3B	4.5B
Accumulated Other Comprehensive Income	(10M)	(28M)	(39M)	(67M)	(77.1M)	(80.9M)
Short Term Debt	115M	303M	124M	173M	199.0M	208.9M
Intangible Assets	965M	949M	1.1B	1.4B	1.2B	1.2B
Other Current Liab	401M	91M	156M	271M	216M	226.8M
Cash	244M	262M	284M	653M	387M	406.4M
Cash And Short Term Investments	244M	262M	284M	653M	751.0M	788.5M
Current Deferred Revenue	22M	19M	23M	36M	41.4M	43.5M
Good Will	1.8B	1.9B	2.2B	2.5B	2.4B	2.5B
Common Stock Total Equity	1.8B	1.9B	2.4B	2.4B	2.8B	1.4B
Common Stock	2.4B	2.4B	2.6B	3.2B	3.7B	3.9B
Other Liab	1.3B	1.3B	1.5B	1.2B	1.3B	741.2M
Net Tangible Assets	(818M)	(894M)	(1.3B)	(802M)	(721.8M)	(685.7M)
Other Assets	404M	439M	401M	279M	320.9M	236.6M
Long Term Debt	3.4B	3.9B	4.9B	6.1B	5.3B	3.0B
Short Long Term Debt	115M	303M	3M	1M	900K	855K
Property Plant Equipment	3.7B	3.8B	4.4B	5.1B	5.9B	6.2B
Long Term Debt Total	3.8B	3.9B	5.4B	6.8B	7.8B	8.2B
Capital Surpluse	27M	50M	59M	73M	84.0M	88.1M
Non Current Liabilities Other	28M	23M	40M	75M	54M	40.0M
Cash And Equivalents	244M	262M	284M	653M	751.0M	788.5M

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Parkland Capex To Depreciation vs Price To Sales Ratio Analysis

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Price To Sales Ratio

Parkland Fuel fundamental ratios Correlations

Parkland Fuel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parkland Fuel fundamental ratios Accounts

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Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Parkland Stock analysis

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Other Stockholder Equity	- 0.83	Non Currrent Assets Other
Other Current Assets	- 0.53	Retained Earnings
Other Stockholder Equity	- 0.4	Common Stock Shares Outstanding
Other Current Liab	- 0.4	Retained Earnings
Good Will	- 0.39	Other Stockholder Equity
Other Stockholder Equity	- 0.39	Non Current Assets Total