Parex Historical Balance Sheet

PXT Stock  CAD 21.52  0.09  0.42%   
Trend analysis of Parex Resources balance sheet accounts such as Property Plant And Equipment Net of 787.8 M, Retained Earnings of 1.3 B, Accounts Payable of 131.2 M or Cash of 210.8 M provides information on Parex Resources' total assets, liabilities, and equity, which is the actual value of Parex Resources to its prevalent stockholders. By breaking down trends over time using Parex Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Parex Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Parex Resources is a good buy for the upcoming year.

Parex Resources Inventory

4.17 Million

  
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.

About Parex Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Parex Resources at a specified time, usually calculated after every quarter, six months, or one year. Parex Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Parex Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Parex currently owns. An asset can also be divided into two categories, current and non-current.

Parex Resources Balance Sheet Chart

Parex Resources Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Parex Resources uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Parex Resources' Common Stock Shares Outstanding is very stable compared to the past year. As of the 28th of March 2024, Liabilities And Stockholders Equity is likely to grow to about 2.8 B, while Total Assets are likely to drop about 1.3 B.

Total Assets

Total assets refers to the total amount of Parex Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Parex Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Parex Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Parex Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Parex Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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' Common Stock Shares Outstanding is very stable compared to the past year. As of the 28th of March 2024, Liabilities And Stockholders Equity is likely to grow to about 2.8 B, while Total Assets are likely to drop about 1.3 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities47.0M201.9M232.1M243.7M
Total Assets1.8B2.3B2.4B1.3B

Parex Resources balance sheet Correlations

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0.640.510.830.63-0.580.920.670.280.90.730.19-0.130.95-0.220.50.920.360.110.19-0.380.62-0.250.40.29-0.41
0.810.510.640.74-0.670.560.880.70.620.660.660.280.57-0.240.90.570.790.010.46-0.40.43-0.480.450.36-0.39
0.870.830.640.85-0.870.920.760.660.970.950.550.320.8-0.250.580.880.740.030.4-0.710.82-0.670.720.65-0.59
0.980.630.740.85-0.740.720.920.60.820.760.670.330.68-0.240.780.750.740.260.26-0.60.76-0.660.670.56-0.39
-0.83-0.58-0.67-0.87-0.74-0.74-0.65-0.9-0.73-0.97-0.53-0.39-0.520.19-0.45-0.65-0.910.33-0.610.81-0.730.72-0.77-0.720.73
0.750.920.560.920.72-0.740.710.490.920.860.39-0.050.88-0.230.520.930.570.060.3-0.440.64-0.390.440.34-0.47
0.920.670.880.760.92-0.650.710.570.770.680.660.160.73-0.240.910.770.710.280.22-0.390.57-0.470.460.34-0.26
0.720.280.70.660.6-0.90.490.570.480.80.610.490.26-0.090.450.380.97-0.410.63-0.690.46-0.690.620.6-0.62
0.820.90.620.970.82-0.730.920.770.480.860.490.230.89-0.250.640.930.590.210.28-0.570.79-0.550.620.54-0.49
0.840.730.660.950.76-0.970.860.680.80.860.520.330.65-0.170.510.770.83-0.160.57-0.720.75-0.660.710.65-0.71
0.680.190.660.550.67-0.530.390.660.610.490.520.490.22-0.330.710.410.760.270.46-0.330.38-0.630.40.38-0.1
0.34-0.130.280.320.33-0.39-0.050.160.490.230.330.49-0.12-0.140.24-0.020.49-0.020.37-0.580.4-0.80.620.69-0.45
0.660.950.570.80.68-0.520.880.730.260.890.650.22-0.12-0.210.590.910.360.190.04-0.350.59-0.230.370.26-0.31
-0.22-0.22-0.24-0.25-0.240.19-0.23-0.24-0.09-0.25-0.17-0.33-0.14-0.21-0.13-0.24-0.150.19-0.070.26-0.350.48-0.34-0.320.12
0.780.50.90.580.78-0.450.520.910.450.640.510.710.240.59-0.130.60.610.450.26-0.180.37-0.360.290.19-0.15
0.730.920.570.880.75-0.650.930.770.380.930.770.41-0.020.91-0.240.60.50.220.08-0.450.67-0.390.470.36-0.27
0.830.360.790.740.74-0.910.570.710.970.590.830.760.490.36-0.150.610.5-0.210.62-0.660.53-0.720.630.59-0.55
0.120.110.010.030.260.330.060.28-0.410.21-0.160.27-0.020.190.190.450.22-0.21-0.350.4-0.030.15-0.25-0.30.46
0.40.190.460.40.26-0.610.30.220.630.280.570.460.370.04-0.070.260.080.62-0.35-0.370.28-0.420.390.41-0.63
-0.64-0.38-0.4-0.71-0.60.81-0.44-0.39-0.69-0.57-0.72-0.33-0.58-0.350.26-0.18-0.45-0.660.4-0.37-0.860.79-0.97-0.960.61
0.750.620.430.820.76-0.730.640.570.460.790.750.380.40.59-0.350.370.670.53-0.030.28-0.86-0.680.930.88-0.5
-0.67-0.25-0.48-0.67-0.660.72-0.39-0.47-0.69-0.55-0.66-0.63-0.8-0.230.48-0.36-0.39-0.720.15-0.420.79-0.68-0.81-0.820.59
0.690.40.450.720.67-0.770.440.460.620.620.710.40.620.37-0.340.290.470.63-0.250.39-0.970.93-0.810.99-0.59
0.590.290.360.650.56-0.720.340.340.60.540.650.380.690.26-0.320.190.360.59-0.30.41-0.960.88-0.820.99-0.59
-0.5-0.41-0.39-0.59-0.390.73-0.47-0.26-0.62-0.49-0.71-0.1-0.45-0.310.12-0.15-0.27-0.550.46-0.630.61-0.50.59-0.59-0.59
Click cells to compare fundamentals

Parex Resources Account Relationship Matchups

Parex Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.5B1.8B2.3B2.4B1.3B
Other Current Liab70.1M7.1M47.0M201.9M232.1M243.7M
Total Current Liabilities211.8M122.5M248.3M508.6M258.1M188.8M
Total Stockholder Equity1.4B1.3B1.4B1.7B2.0B2.1B
Property Plant And Equipment Net966.0M982.3M1.1B1.4B1.5B787.8M
Net Debt(396.1M)(328.7M)(373.8M)(412.9M)(371.6M)(353.0M)
Retained Earnings541.2M533.9M637.4M1.0B1.3B1.3B
Accounts Payable141.7M115.4M201.3M306.8M252.1M131.2M
Cash396.8M330.6M378.3M419.0M140.4M210.8M
Non Current Assets Total1.1B1.1B1.2B1.7B2.1B2.2B
Cash And Short Term Investments396.8M330.6M378.3M419.0M481.9M505.9M
Net Receivables149.5M96.7M182.1M118.0M105.6M96.9M
Common Stock Shares Outstanding149.0M139.6M125.6M113.7M104.5M129.2M
Liabilities And Stockholders Equity1.7B1.5B1.8B2.3B2.7B2.8B
Other Current Assets8.4M13.5M12.2M52.0M45.0M47.2M
Other Stockholder Equity48.6M43.2M24.5M20.3M18.3M17.4M
Total Liab282.1M200.6M390.5M599.4M459.9M304.3M
Property Plant And Equipment Gross966.0M982.3M2.8B3.2B3.6B3.8B
Total Current Assets555.9M442.6M574.0M593.6M337.2M327.6M
Non Current Liabilities Total70.3M78.1M142.3M90.8M201.8M123.2M
Accumulated Other Comprehensive Income(1.2B)(1.3B)(1.4B)(1.5B)(1.4B)(1.3B)
Non Currrent Assets Other1.1B20.0M25.0M165.3M208.3M325.2M
Inventory653K1.9M1.4M4.6M4.3M4.2M
Common Stock Total Equity836.2M848.9M812.7M763.4M877.9M784.3M
Common Stock812.7M763.4M731.7M682.7M785.1M783.2M
Other Liab69.5M76.3M137.8M84.7M76.2M78.3M
Net Tangible Assets1.3B1.3B1.3B1.6B1.9B1.1B
Property Plant Equipment966.0M982.3M1.1B1.4B1.6B963.6M
Capital Surpluse48.6M43.2M24.5M20.3M18.3M31.9M
Other Assets89.3M42.7M6.9M276.2M317.6M333.5M
Long Term Debt Total770K1.8M4.5M6.1M7.0M7.3M
Cash And Equivalents396.8M330.6M378.3M419.0M481.9M372.7M
Net Invested Capital1.4B1.3B1.4B1.7B2.0B1.6B
Net Working Capital344.0M320.2M325.8M85.0M79.0M75.1M
Capital Stock812.7M763.4M731.7M682.7M660.8M600.0M
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 Parex Resources 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, Parex Resources' short interest history, or implied volatility extrapolated from Parex Resources options trading.

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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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