Total Property Plant And Equipment Gross vs Accounts Payable Analysis

TOT Stock  CAD 9.48  0.03  0.32%   
Total Energy financial indicator trend analysis is much more than just breaking down Total Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Total Energy Services is a good investment. Please check the relationship between Total Energy Property Plant And Equipment Gross and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Total Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Gross vs Accounts Payable

Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Total Energy Services Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Total Energy's Property Plant And Equipment Gross and Accounts Payable is 0.63. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Total Energy Services, assuming nothing else is changed. The correlation between historical values of Total Energy's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Total Energy Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Total Energy's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Accounts Payable

An accounting item on the balance sheet that represents Total Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Total Energy Services are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Total Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Total Energy Services 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Total Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Total Energy's Tax Provision is very stable compared to the past year. As of the 10th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 26.7 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue406.2M668.6M759.1M797.0M
EBITDA81.6M128.0M147.2M154.6M

Total Energy fundamental ratios Correlations

0.890.740.970.990.820.720.860.990.50.930.920.890.11-0.390.970.60.790.52-0.590.71-0.180.870.870.280.37
0.890.650.790.920.970.380.770.920.260.820.970.730.09-0.320.950.450.650.7-0.310.68-0.060.850.880.10.24
0.740.650.660.70.560.40.860.690.370.650.60.60.03-0.390.780.810.920.56-0.490.81-0.550.760.770.740.4
0.970.790.660.960.70.840.770.960.540.920.840.930.1-0.410.890.610.760.39-0.70.66-0.220.820.820.280.39
0.990.920.70.960.870.70.821.00.430.90.950.860.17-0.430.970.540.730.57-0.560.68-0.140.840.850.20.28
0.820.970.560.70.870.30.70.870.180.730.950.630.17-0.310.890.340.530.73-0.20.60.030.740.78-0.020.03
0.720.380.40.840.70.30.490.70.490.670.50.70.27-0.310.560.380.530.12-0.850.4-0.250.420.40.160.29
0.860.770.860.770.820.70.490.820.590.740.770.69-0.02-0.330.90.630.810.47-0.390.69-0.190.790.790.480.36
0.990.920.690.961.00.870.70.820.420.90.950.860.17-0.430.970.540.730.57-0.560.67-0.140.840.850.190.27
0.50.260.370.540.430.180.490.590.420.610.380.59-0.55-0.010.440.420.57-0.28-0.440.49-0.150.420.40.320.4
0.930.820.650.920.90.730.670.740.90.610.870.89-0.13-0.250.880.650.830.36-0.680.74-0.290.830.840.270.54
0.920.970.60.840.950.950.50.770.950.380.870.760.08-0.30.950.420.650.58-0.410.64-0.050.80.830.050.24
0.890.730.60.930.860.630.70.690.860.590.890.76-0.18-0.410.80.680.740.3-0.590.73-0.250.880.870.330.38
0.110.090.030.10.170.170.27-0.020.17-0.55-0.130.08-0.18-0.110.1-0.25-0.170.5-0.12-0.230.14-0.17-0.16-0.26-0.38
-0.39-0.32-0.39-0.41-0.43-0.31-0.31-0.33-0.43-0.01-0.25-0.3-0.41-0.11-0.35-0.44-0.3-0.20.15-0.180.2-0.43-0.43-0.340.08
0.970.950.780.890.970.890.560.90.970.440.880.950.80.1-0.350.550.770.63-0.450.72-0.130.870.880.260.33
0.60.450.810.610.540.340.380.630.540.420.650.420.68-0.25-0.440.550.890.21-0.560.7-0.70.780.780.830.5
0.790.650.920.760.730.530.530.810.730.570.830.650.74-0.17-0.30.770.890.35-0.70.86-0.660.810.820.730.58
0.520.70.560.390.570.730.120.470.57-0.280.360.580.30.5-0.20.630.210.35-0.090.5-0.040.460.5-0.01-0.05
-0.59-0.31-0.49-0.7-0.56-0.2-0.85-0.39-0.56-0.44-0.68-0.41-0.59-0.120.15-0.45-0.56-0.7-0.09-0.540.65-0.39-0.39-0.38-0.51
0.710.680.810.660.680.60.40.690.670.490.740.640.73-0.23-0.180.720.70.860.5-0.54-0.560.750.780.520.37
-0.18-0.06-0.55-0.22-0.140.03-0.25-0.19-0.14-0.15-0.29-0.05-0.250.140.2-0.13-0.7-0.66-0.040.65-0.56-0.27-0.3-0.75-0.39
0.870.850.760.820.840.740.420.790.840.420.830.80.88-0.17-0.430.870.780.810.46-0.390.75-0.271.00.490.44
0.870.880.770.820.850.780.40.790.850.40.840.830.87-0.16-0.430.880.780.820.5-0.390.78-0.31.00.480.42
0.280.10.740.280.2-0.020.160.480.190.320.270.050.33-0.26-0.340.260.830.73-0.01-0.380.52-0.750.490.480.44
0.370.240.40.390.280.030.290.360.270.40.540.240.38-0.380.080.330.50.58-0.05-0.510.37-0.390.440.420.44
Click cells to compare fundamentals

Total Energy Account Relationship Matchups

Total Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets997.2M849.6M813.5M878.6M861.7M493.0M
Short Long Term Debt Total298.3M247.9M202.6M134.8M155.0M103.3M
Total Current Liabilities152.2M61.7M88.4M187.8M177.0M185.9M
Total Stockholder Equity543.4M510.4M492.9M521.5M530.2M293.2M
Property Plant And Equipment Net730.6M637.7M576.3M567.5M557.2M345.5M
Net Debt278.4M224.9M169.3M100.7M45.1M89.2M
Retained Earnings268.1M240.1M242.9M273.8M299.7M167.3M
Accounts Payable50.4M16.5M33.6M53.2M43.4M26.9M
Non Current Assets Total741.7M648.9M587.8M578.6M561.2M352.9M
Net Receivables118.3M74.7M92.8M155.1M102.9M62.3M
Common Stock Shares Outstanding45.6M45.1M44.7M43.0M40.0M35.7M
Liabilities And Stockholders Equity997.2M849.6M813.5M878.6M1.0B1.1B
Non Current Liabilities Total301.8M276.8M231.7M168.8M153.9M123.3M
Inventory105.7M95.6M89.9M91.6M98.2M49.3M
Other Current Assets664K566K487K378K434.7K413.0K
Other Stockholder Equity7.5M5.0M5.8M3.6M3.2M3.1M
Total Liab454.0M338.6M320.1M356.6M330.9M199.7M
Property Plant And Equipment Gross730.6M637.7M1.2B1.2B1.3B1.3B
Total Current Assets255.4M200.7M225.7M300.0M300.5M315.5M
Accumulated Other Comprehensive Income(16.7M)(18.7M)(26.7M)(17.0M)(15.3M)(16.1M)
Short Term Debt49.9M9.0M6.6M7.2M8.2M15.7M
Other Current Liab96.1M59.8M31.9M63.6M73.1M76.7M
Common Stock Total Equity291.3M288.9M284.5M284.1M326.7M179.9M
Common Stock284.5M284.1M270.9M261.1M300.3M198.7M
Current Deferred Revenue3.9M6.4M16.3M63.9M73.5M77.2M
Cash19.9M23.0M33.4M34.1M47.9M26.1M
Cash And Short Term Investments19.9M23.0M33.4M34.1M39.2M24.0M
Other Liab53.4M37.9M35.7M41.1M37.0M41.0M
Net Tangible Assets539.3M506.3M488.8M517.4M595.0M506.4M
Long Term Debt236.3M230.5M187.9M118.0M90.9M162.5M
Short Long Term Debt41.6M2.6M2.6M2.0M2.1M1.9M
Property Plant Equipment730.6M637.7M576.3M567.5M652.6M621.8M
Long Term Debt Total248.4M238.9M196.0M127.6M146.8M220.3M
Capital Surpluse7.5M5.0M5.8M3.6M3.2M4.6M
Capital Lease Obligations20.4M14.8M12.1M14.8M15.8M13.2M
Net Invested Capital821.2M743.4M683.4M641.5M623.2M597.9M
Cash And Equivalents19.9M23.0M33.4M34.1M39.2M29.7M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Total Stock

Balance Sheet is a snapshot of the financial position of Total Energy Services at a specified time, usually calculated after every quarter, six months, or one year. Total Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Total Energy 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 Total currently owns. An asset can also be divided into two categories, current and non-current.