PrimeEnergy Cost Of Revenue vs Net Interest Income Analysis
| PNRG Stock | USD 114.00 4.51 4.12% |
PrimeEnergy financial indicator trend analysis is much more than just breaking down PrimeEnergy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PrimeEnergy is a good investment. Please check the relationship between PrimeEnergy Cost Of Revenue and its Net Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.
Cost Of Revenue vs Net Interest Income
Cost Of Revenue vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PrimeEnergy Cost Of Revenue account and Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PrimeEnergy's Cost Of Revenue and Net Interest Income is -0.09. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of PrimeEnergy, assuming nothing else is changed. The correlation between historical values of PrimeEnergy's Cost Of Revenue and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of PrimeEnergy are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Cost Of Revenue i.e., PrimeEnergy's Cost Of Revenue and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on PrimeEnergy income statement and represents the costs associated with goods and services PrimeEnergy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from PrimeEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PrimeEnergy 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 PrimeEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.At this time, PrimeEnergy's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 909K | 535K | 508.3K | Depreciation And Amortization | 26.3M | 28.1M | 31.7M | 21.2M |
PrimeEnergy fundamental ratios Correlations
Click cells to compare fundamentals
PrimeEnergy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PrimeEnergy fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 229.4M | 200.5M | 210.9M | 247.1M | 289.5M | 303.9M | |
| Short Long Term Debt Total | 53.5M | 38.8M | 36M | 11M | 284K | 269.8K | |
| Other Current Liab | 753K | 723K | 14.4M | (14.4M) | 53.8M | 56.5M | |
| Total Current Liabilities | 15.6M | 14.1M | 21.7M | 41.0M | 64.8M | 68.0M | |
| Total Stockholder Equity | 100.1M | 97.1M | 99.1M | 140.4M | 161.0M | 169.0M | |
| Property Plant And Equipment Net | 212.1M | 191.1M | 184.7M | 174.0M | 256.1M | 268.9M | |
| Net Debt | 52.5M | 37.8M | 25.7M | (15.5M) | (10.8M) | (10.2M) | |
| Retained Earnings | 129.1M | 126.8M | 128.9M | 177.6M | 205.7M | 216.0M | |
| Cash | 1.0M | 996K | 10.3M | 26.5M | 11.1M | 7.7M | |
| Non Current Assets Total | 213.0M | 191.6M | 185.6M | 175.0M | 257.7M | 270.6M | |
| Non Currrent Assets Other | (35.1M) | (35.8M) | (37.8M) | (39.0M) | 673.0K | 706.6K | |
| Cash And Short Term Investments | 1.0M | 996K | 10.3M | 26.5M | 11.1M | 7.7M | |
| Net Receivables | 14.4M | 7.2M | 14.2M | 12.5M | 20.3M | 10.5M | |
| Common Stock Shares Outstanding | 2.8M | 2.0M | 2.7M | 2.7M | 2.6M | 3.4M | |
| Liabilities And Stockholders Equity | 229.4M | 200.5M | 210.9M | 247.1M | 289.5M | 303.9M | |
| Non Current Liabilities Total | 110.4M | 88.4M | 90.1M | 65.8M | 63.7M | 72.5M | |
| Other Stockholder Equity | (29.3M) | (30.0M) | (30.1M) | (37.5M) | (45M) | (42.8M) | |
| Total Liab | 126.0M | 102.5M | 111.8M | 106.8M | 128.5M | 95.8M | |
| Property Plant And Equipment Gross | 212.1M | 191.1M | 184.7M | 582.5M | 686.7M | 721.1M | |
| Total Current Assets | 16.4M | 8.9M | 25.3M | 72.2M | 31.8M | 24.3M | |
| Other Current Assets | 127K | 104K | 40K | 38K | 414K | 393.3K | |
| Short Term Debt | 8.2M | 487K | 1.6M | 3.9M | 246K | 233.7K | |
| Accounts Payable | 6.4M | 5.2M | 7.3M | 11.5M | 9.8M | 13.7M | |
| Other Liab | 56.9M | 50.1M | 54.0M | 54.7M | 62.9M | 66.0M | |
| Other Assets | 866K | 520K | 923K | 985K | 1.0 | 0.95 | |
| Long Term Debt | 54.2M | 38.3M | 37.5M | 11M | 12.7M | 12.0M | |
| Treasury Stock | (31.3M) | (36.8M) | (37.5M) | (37.6M) | (33.9M) | (35.6M) | |
| Property Plant Equipment | 212.1M | 191.1M | 184.7M | 174.0M | 200.1M | 174.2M | |
| Current Deferred Revenue | 205K | 7.7M | (1.6M) | 40.0M | 929K | 882.6K | |
| Inventory | 897K | 590K | 733K | 33.0M | 38.0M | 39.9M | |
| Net Tangible Assets | 100.1M | 97.1M | 99.1M | 140.4M | 161.4M | 85.0M | |
| Noncontrolling Interest In Consolidated Entity | 7.1M | 4.0M | 3.2M | 874K | 786.6K | 747.3K | |
| Retained Earnings Total Equity | 125.6M | 129.1M | 126.8M | 128.9M | 148.2M | 108.3M | |
| Long Term Debt Total | 49.0M | 65.5M | 54.2M | 37.5M | 33.7M | 58.1M | |
| Capital Surpluse | 7.4M | 7.5M | 7.5M | 7.6M | 8.7M | 8.2M |
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When determining whether PrimeEnergy is a strong investment it is important to analyze PrimeEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PrimeEnergy's future performance. For an informed investment choice regarding PrimeEnergy Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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When running PrimeEnergy's price analysis, check to measure PrimeEnergy'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 PrimeEnergy is operating at the current time. Most of PrimeEnergy's value examination focuses on studying past and present price action to predict the probability of PrimeEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PrimeEnergy's price. Additionally, you may evaluate how the addition of PrimeEnergy to your portfolios can decrease your overall portfolio volatility.
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Is PrimeEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PrimeEnergy. If investors know PrimeEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PrimeEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.321 | Earnings Share 14.26 | Revenue Per Share 78.586 | Quarterly Revenue Growth 0.904 | Return On Assets 0.0833 |
The market value of PrimeEnergy is measured differently than its book value, which is the value of PrimeEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeEnergy's value that differs from its market value or its book value, called intrinsic value, which is PrimeEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PrimeEnergy's market value can be influenced by many factors that don't directly affect PrimeEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PrimeEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeEnergy'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.