Parkland Total Stockholder Equity vs Intangible Assets Analysis

PKI Stock

CAD 39.99 0.35 0.87%

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 Total Stockholder Equity and its Intangible Assets 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parkland Fuel Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Parkland Fuel's Total Stockholder Equity and Intangible Assets is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Total Stockholder Equity and Intangible Assets 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 Parkland Fuel are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Parkland Fuel's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 15th 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	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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Parkland Fuel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Parkland Fuel's short interest history, or implied volatility extrapolated from Parkland Fuel options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Parkland Fuel using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Parkland Stock analysis

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.

	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Transaction History View history of all your transactions and understand their impact on performance
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum

Please note, there is a significant difference between Parkland Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parkland Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parkland Fuel'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Parkland Total Stockholder Equity vs Intangible Assets Analysis

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Intangible Assets

Parkland Fuel fundamental ratios Correlations

Parkland Fuel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parkland Fuel fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Parkland Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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