Parex Other Stockholder Equity vs Non Current Assets Total Analysis
PXT Stock | CAD 23.78 0.30 1.25% |
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 Other Stockholder Equity 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 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.
Other Stockholder Equity vs Non Current Assets Total
Other Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parex Resources Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Parex Resources' Other Stockholder Equity and Non Current Assets Total is -0.25. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total 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' Other Stockholder Equity 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 Other Stockholder Equity of Parex 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 Other Stockholder Equity i.e., Parex Resources' Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
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 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 15th of May 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 |
Parex Resources fundamental ratios Correlations
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Parex Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Parex Resources' price analysis, check to measure Parex Resources' 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 Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
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