Parkland Net Income vs Total Operating Expenses Analysis
PKI Stock | CAD 40.16 1.43 3.44% |
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 Net Income and its Total Operating Expenses 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.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parkland Fuel Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Parkland Fuel's Net Income and Total Operating Expenses is 0.8. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses 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 Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Parkland Fuel are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Parkland Fuel's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Parkland Fuel financial statement analysis. It represents the amount of money remaining after all of Parkland Fuel operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 3rd 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 |
Parkland Fuel fundamental ratios Correlations
Click cells to compare fundamentals
Parkland Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 175.8M | 184.6M | |
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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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. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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When running Parkland Fuel's price analysis, check to measure Parkland Fuel'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 Parkland Fuel is operating at the current time. Most of Parkland Fuel's value examination focuses on studying past and present price action to predict the probability of Parkland Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkland Fuel's price. Additionally, you may evaluate how the addition of Parkland Fuel to your portfolios can decrease your overall portfolio volatility.
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