Permian Total Current Assets vs Non Current Assets Total Analysis
PR Stock | USD 15.07 0.45 2.90% |
Permian Resources financial indicator trend analysis is much more than just breaking down Permian Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Permian Resources is a good investment. Please check the relationship between Permian Resources Total Current Assets and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. 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. To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.
Total Current Assets vs Non Current Assets Total
Total Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Permian Resources Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Permian Resources' Total Current Assets and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Permian Resources, assuming nothing else is changed. The correlation between historical values of Permian Resources' Total Current Assets and Non Current Assets Total 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 Current Assets of Permian Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Permian Resources' Total Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Permian Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Permian Resources 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 Permian Resources. 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. To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.As of 06/04/2024, Tax Provision is likely to grow to about 123.8 M, while Selling General Administrative is likely to drop slightly above 104.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 61.3M | 95.6M | 185.0M | 194.3M | Depreciation And Amortization | 281.9M | 527.9M | 1.0B | 1.1B |
Permian Resources fundamental ratios Correlations
Click cells to compare fundamentals
Permian Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Permian Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 276.6M | 277.4M | 310.2M | 322.8M | 389.1M | 255.8M | |
Total Assets | 4.7B | 3.8B | 3.8B | 8.5B | 15.1B | 15.8B | |
Other Current Liab | 925K | 18.3M | 36.2M | 519.9M | 1.1B | 1.2B | |
Total Current Liabilities | 254.5M | 131.9M | 167.9M | 605.6M | 1.2B | 1.3B | |
Total Stockholder Equity | 3.3B | 2.6B | 2.8B | 2.9B | 6.3B | 3.2B | |
Net Debt | 1.1B | 1.1B | 833.6M | 2.2B | 3.8B | 4.0B | |
Retained Earnings | 282.3M | (400.5M) | (262.3M) | 237.2M | 569.1M | 597.6M | |
Cash | 10.2M | 5.8M | 9.4M | 59.5M | 73.9M | 38.1M | |
Non Current Assets Total | 4.6B | 3.8B | 3.7B | 8.0B | 14.4B | 15.1B | |
Non Currrent Assets Other | (175.3M) | 19.2M | 15.9M | 70.2M | 149.0M | 156.5M | |
Cash And Short Term Investments | 10.2M | 5.8M | 9.4M | 59.5M | 73.9M | 38.1M | |
Liabilities And Stockholders Equity | 4.7B | 3.8B | 3.8B | 8.5B | 15.1B | 15.8B | |
Other Stockholder Equity | 3.0B | 3.0B | 3.0B | 2.7B | 5.8B | 3.1B | |
Total Liab | 1.4B | 1.2B | 1.1B | 2.8B | 5.8B | 6.1B | |
Total Current Assets | 120.1M | 65.6M | 86.5M | 463.8M | 650.4M | 682.9M | |
Property Plant And Equipment Net | 4.5B | 3.7B | 3.7B | 8.0B | 14.1B | 14.8B | |
Accounts Payable | 21.5M | 5.1M | 9.7M | 51.4M | 94.5M | 99.3M | |
Other Assets | 40.4M | 19.2M | 15.9M | 74.6M | 85.8M | 90.1M | |
Long Term Debt | 1.1B | 1.1B | 825.6M | 2.1B | 3.8B | 4.0B | |
Net Receivables | 101.9M | 54.6M | 71.3M | 282.8M | 481.1M | 505.1M | |
Long Term Debt Total | 1.1B | 1.1B | 825.6M | 2.1B | 2.5B | 2.6B | |
Non Current Liabilities Total | 1.2B | 1.1B | 886.0M | 2.2B | 4.6B | 4.8B | |
Capital Surpluse | 3.0B | 3.0B | 3.0B | 2.7B | 3.1B | 3.1B | |
Other Current Assets | 8.0M | 5.2M | 5.9M | 20.6M | 95.5M | 100.2M | |
Cash And Equivalents | 10.2M | 5.8M | 9.4M | 59.5M | 53.6M | 40.5M | |
Short Term Debt | 9.2M | 3.2M | 1.4M | 29.8M | 33.0M | 34.7M | |
Property Plant Equipment | 4.5B | 3.7B | 3.7B | 8.0B | 9.1B | 4.7B | |
Short Long Term Debt Total | 1.1B | 1.1B | 843.0M | 2.2B | 3.9B | 4.1B | |
Other Liab | 102.4M | 22.6M | 44.4M | 48.6M | 43.7M | 47.2M | |
Net Tangible Assets | 3.3B | 2.6B | 2.8B | 2.9B | 2.6B | 2.3B | |
Net Invested Capital | 4.3B | 3.7B | 3.6B | 5.1B | 10.2B | 5.6B | |
Net Working Capital | (134.3M) | (66.3M) | (81.4M) | (141.8M) | (591.2M) | (561.6M) |
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