Parex Non Currrent Assets Other vs Net Debt Analysis

PXT Stock

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Parex Resources financial indicator trend analysis is much more than just breaking down Parex Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parex Resources is a good investment. Please check the relationship between Parex Resources Non Currrent Assets Other and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parex 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 board of governors.

Non Currrent Assets Other vs Net Debt

Non Currrent Assets Other vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parex Resources Non Currrent Assets Other account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Parex Resources' Non Currrent Assets Other and Net Debt is -0.61. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Debt in the same time period over historical financial statements of Parex Resources, assuming nothing else is changed. The correlation between historical values of Parex Resources' Non Currrent Assets Other and Net Debt 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 Parex Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Currrent Assets Other i.e., Parex Resources' Non Currrent Assets Other and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Parex Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Parex 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 Parex 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 board of governors.

At this time, Parex Resources' Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value Over EBITDA is likely to grow to 2.58, while Discontinued Operations is likely to drop (943.1 K).

	2021	2022	2023	2024 (projected)
Total Revenue	1.1B	1.6B	1.4B	769.6M
Depreciation And Amortization	121.4M	149.4M	171.8M	129.7M

Total Revenue Depreciation And Amortization

Parex Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Total	Non Currrent Assets Other	Short Long Term Debt Total	Good Will	Inventory	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.64	0.81	0.87	0.98	-0.83	0.75	0.92	0.72	0.82	0.84	0.68	0.34	0.66	-0.22	0.78	0.73	0.83	0.12	0.4	-0.64	0.75	-0.67	0.69	0.59	-0.5
Other Current Liab	0.64		0.51	0.83	0.63	-0.58	0.92	0.67	0.28	0.9	0.73	0.19	-0.13	0.95	-0.22	0.5	0.92	0.36	0.11	0.19	-0.38	0.62	-0.25	0.4	0.29	-0.41
Total Current Liabilities	0.81	0.51		0.64	0.74	-0.67	0.56	0.88	0.7	0.62	0.66	0.66	0.28	0.57	-0.24	0.9	0.57	0.79	0.01	0.46	-0.4	0.43	-0.48	0.45	0.36	-0.39
Total Stockholder Equity	0.87	0.83	0.64		0.85	-0.87	0.92	0.76	0.66	0.97	0.95	0.55	0.32	0.8	-0.25	0.58	0.88	0.74	0.03	0.4	-0.71	0.82	-0.67	0.72	0.65	-0.59
Property Plant And Equipment Net	0.98	0.63	0.74	0.85		-0.74	0.72	0.92	0.6	0.82	0.76	0.67	0.33	0.68	-0.24	0.78	0.75	0.74	0.26	0.26	-0.6	0.76	-0.66	0.67	0.56	-0.39
Net Debt	-0.83	-0.58	-0.67	-0.87	-0.74		-0.74	-0.65	-0.9	-0.73	-0.97	-0.53	-0.39	-0.52	0.19	-0.45	-0.65	-0.91	0.33	-0.61	0.81	-0.73	0.72	-0.77	-0.72	0.73
Retained Earnings	0.75	0.92	0.56	0.92	0.72	-0.74		0.71	0.49	0.92	0.86	0.39	-0.05	0.88	-0.23	0.52	0.93	0.57	0.06	0.3	-0.44	0.64	-0.39	0.44	0.34	-0.47
Accounts Payable	0.92	0.67	0.88	0.76	0.92	-0.65	0.71		0.57	0.77	0.68	0.66	0.16	0.73	-0.24	0.91	0.77	0.71	0.28	0.22	-0.39	0.57	-0.47	0.46	0.34	-0.26
Cash	0.72	0.28	0.7	0.66	0.6	-0.9	0.49	0.57		0.48	0.8	0.61	0.49	0.26	-0.09	0.45	0.38	0.97	-0.41	0.63	-0.69	0.46	-0.69	0.62	0.6	-0.62
Non Current Assets Total	0.82	0.9	0.62	0.97	0.82	-0.73	0.92	0.77	0.48		0.86	0.49	0.23	0.89	-0.25	0.64	0.93	0.59	0.21	0.28	-0.57	0.79	-0.55	0.62	0.54	-0.49
Cash And Short Term Investments	0.84	0.73	0.66	0.95	0.76	-0.97	0.86	0.68	0.8	0.86		0.52	0.33	0.65	-0.17	0.51	0.77	0.83	-0.16	0.57	-0.72	0.75	-0.66	0.71	0.65	-0.71
Net Receivables	0.68	0.19	0.66	0.55	0.67	-0.53	0.39	0.66	0.61	0.49	0.52		0.49	0.22	-0.33	0.71	0.41	0.76	0.27	0.46	-0.33	0.38	-0.63	0.4	0.38	-0.1
Common Stock Shares Outstanding	0.34	-0.13	0.28	0.32	0.33	-0.39	-0.05	0.16	0.49	0.23	0.33	0.49		-0.12	-0.14	0.24	-0.02	0.49	-0.02	0.37	-0.58	0.4	-0.8	0.62	0.69	-0.45
Other Current Assets	0.66	0.95	0.57	0.8	0.68	-0.52	0.88	0.73	0.26	0.89	0.65	0.22	-0.12		-0.21	0.59	0.91	0.36	0.19	0.04	-0.35	0.59	-0.23	0.37	0.26	-0.31
Other Stockholder Equity	-0.22	-0.22	-0.24	-0.25	-0.24	0.19	-0.23	-0.24	-0.09	-0.25	-0.17	-0.33	-0.14	-0.21		-0.13	-0.24	-0.15	0.19	-0.07	0.26	-0.35	0.48	-0.34	-0.32	0.12
Total Liab	0.78	0.5	0.9	0.58	0.78	-0.45	0.52	0.91	0.45	0.64	0.51	0.71	0.24	0.59	-0.13		0.6	0.61	0.45	0.26	-0.18	0.37	-0.36	0.29	0.19	-0.15
Property Plant And Equipment Gross	0.73	0.92	0.57	0.88	0.75	-0.65	0.93	0.77	0.38	0.93	0.77	0.41	-0.02	0.91	-0.24	0.6		0.5	0.22	0.08	-0.45	0.67	-0.39	0.47	0.36	-0.27
Total Current Assets	0.83	0.36	0.79	0.74	0.74	-0.91	0.57	0.71	0.97	0.59	0.83	0.76	0.49	0.36	-0.15	0.61	0.5		-0.21	0.62	-0.66	0.53	-0.72	0.63	0.59	-0.55
Non Current Liabilities Total	0.12	0.11	0.01	0.03	0.26	0.33	0.06	0.28	-0.41	0.21	-0.16	0.27	-0.02	0.19	0.19	0.45	0.22	-0.21		-0.35	0.4	-0.03	0.15	-0.25	-0.3	0.46
Non Currrent Assets Other	0.4	0.19	0.46	0.4	0.26	-0.61	0.3	0.22	0.63	0.28	0.57	0.46	0.37	0.04	-0.07	0.26	0.08	0.62	-0.35		-0.37	0.28	-0.42	0.39	0.41	-0.63
Short Long Term Debt Total	-0.64	-0.38	-0.4	-0.71	-0.6	0.81	-0.44	-0.39	-0.69	-0.57	-0.72	-0.33	-0.58	-0.35	0.26	-0.18	-0.45	-0.66	0.4	-0.37		-0.86	0.79	-0.97	-0.96	0.61
Good Will	0.75	0.62	0.43	0.82	0.76	-0.73	0.64	0.57	0.46	0.79	0.75	0.38	0.4	0.59	-0.35	0.37	0.67	0.53	-0.03	0.28	-0.86		-0.68	0.93	0.88	-0.5
Inventory	-0.67	-0.25	-0.48	-0.67	-0.66	0.72	-0.39	-0.47	-0.69	-0.55	-0.66	-0.63	-0.8	-0.23	0.48	-0.36	-0.39	-0.72	0.15	-0.42	0.79	-0.68		-0.81	-0.82	0.59
Common Stock Total Equity	0.69	0.4	0.45	0.72	0.67	-0.77	0.44	0.46	0.62	0.62	0.71	0.4	0.62	0.37	-0.34	0.29	0.47	0.63	-0.25	0.39	-0.97	0.93	-0.81		0.99	-0.59
Common Stock	0.59	0.29	0.36	0.65	0.56	-0.72	0.34	0.34	0.6	0.54	0.65	0.38	0.69	0.26	-0.32	0.19	0.36	0.59	-0.3	0.41	-0.96	0.88	-0.82	0.99		-0.59
Other Liab	-0.5	-0.41	-0.39	-0.59	-0.39	0.73	-0.47	-0.26	-0.62	-0.49	-0.71	-0.1	-0.45	-0.31	0.12	-0.15	-0.27	-0.55	0.46	-0.63	0.61	-0.5	0.59	-0.59	-0.59

Click cells to compare fundamentals

Parex Resources Account Relationship Matchups

Parex Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.5B	1.8B	2.3B	2.4B	1.3B
Other Current Liab	70.1M	7.1M	47.0M	201.9M	232.1M	243.7M
Total Current Liabilities	211.8M	122.5M	248.3M	508.6M	258.1M	188.8M
Total Stockholder Equity	1.4B	1.3B	1.4B	1.7B	2.0B	2.1B
Property Plant And Equipment Net	966.0M	982.3M	1.1B	1.4B	1.5B	787.8M
Net Debt	(396.1M)	(328.7M)	(373.8M)	(412.9M)	(371.6M)	(353.0M)
Retained Earnings	541.2M	533.9M	637.4M	1.0B	1.3B	1.3B
Accounts Payable	141.7M	115.4M	201.3M	306.8M	252.1M	131.2M
Cash	396.8M	330.6M	378.3M	419.0M	140.4M	210.8M
Non Current Assets Total	1.1B	1.1B	1.2B	1.7B	2.1B	2.2B
Cash And Short Term Investments	396.8M	330.6M	378.3M	419.0M	481.9M	505.9M
Net Receivables	149.5M	96.7M	182.1M	118.0M	105.6M	96.9M
Common Stock Shares Outstanding	149.0M	139.6M	125.6M	113.7M	104.5M	129.2M
Liabilities And Stockholders Equity	1.7B	1.5B	1.8B	2.3B	2.7B	2.8B
Other Current Assets	8.4M	13.5M	12.2M	52.0M	45.0M	47.2M
Other Stockholder Equity	48.6M	43.2M	24.5M	20.3M	18.3M	17.4M
Total Liab	282.1M	200.6M	390.5M	599.4M	459.9M	304.3M
Property Plant And Equipment Gross	966.0M	982.3M	2.8B	3.2B	3.6B	3.8B
Total Current Assets	555.9M	442.6M	574.0M	593.6M	337.2M	327.6M
Non Current Liabilities Total	70.3M	78.1M	142.3M	90.8M	201.8M	123.2M
Accumulated Other Comprehensive Income	(1.2B)	(1.3B)	(1.4B)	(1.5B)	(1.4B)	(1.3B)
Non Currrent Assets Other	1.1B	20.0M	25.0M	165.3M	208.3M	325.2M
Inventory	653K	1.9M	1.4M	4.6M	4.3M	4.2M
Common Stock Total Equity	836.2M	848.9M	812.7M	763.4M	877.9M	784.3M
Common Stock	812.7M	763.4M	731.7M	682.7M	785.1M	783.2M
Other Liab	69.5M	76.3M	137.8M	84.7M	76.2M	78.3M
Net Tangible Assets	1.3B	1.3B	1.3B	1.6B	1.9B	1.1B
Property Plant Equipment	966.0M	982.3M	1.1B	1.4B	1.6B	963.6M
Capital Surpluse	48.6M	43.2M	24.5M	20.3M	18.3M	31.9M
Other Assets	89.3M	42.7M	6.9M	276.2M	317.6M	333.5M
Long Term Debt Total	770K	1.8M	4.5M	6.1M	7.0M	7.3M
Cash And Equivalents	396.8M	330.6M	378.3M	419.0M	481.9M	372.7M
Net Invested Capital	1.4B	1.3B	1.4B	1.7B	2.0B	1.6B
Net Working Capital	344.0M	320.2M	325.8M	85.0M	79.0M	75.1M
Capital Stock	812.7M	763.4M	731.7M	682.7M	660.8M	600.0M

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Parex Non Currrent Assets Other vs Net Debt Analysis

Non Currrent Assets Other vs Net Debt

Non Currrent Assets Other vs Net Debt Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Net Debt

Parex Resources fundamental ratios Correlations

Parex Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parex Resources fundamental ratios Accounts

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Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Parex Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.99	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Cash
Other Current Assets	+ 0.95	Other Current Liab
Cash And Short Term Investments	+ 0.95	Total Stockholder Equity

Common Stock Total Equity	- 0.97	Short Long Term Debt Total
Cash And Short Term Investments	- 0.97	Net Debt
Common Stock	- 0.96	Short Long Term Debt Total
Total Current Assets	- 0.91	Net Debt
Cash	- 0.9	Net Debt
Net Debt	- 0.87	Total Stockholder Equity