Parkland Non Currrent Assets Other vs Cash Analysis
PKI Stock | CAD 39.44 0.40 1.00% |
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 Non Currrent Assets Other and its Cash 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.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parkland Fuel Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Parkland Fuel's Non Currrent Assets Other and Cash is 0.41. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Parkland Fuel are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Parkland Fuel's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash
Cash refers to the most liquid asset of Parkland Fuel, which is listed under current asset account on Parkland Fuel balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Parkland Fuel customers. The amounts must be unrestricted with restricted cash listed in a different Parkland Fuel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 22nd 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
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Parkland Fuel Account Relationship Matchups
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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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