Par Non Current Assets Total vs Net Receivables Analysis
PARR Stock | USD 29.29 0.33 1.11% |
Par Pacific financial indicator trend analysis is much more than just breaking down Par Pacific Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Par Pacific Holdings is a good investment. Please check the relationship between Par Pacific Non Current Assets Total and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Par Pacific Holdings. 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.
Non Current Assets Total vs Net Receivables
Non Current Assets Total vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Par Pacific Holdings Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Par Pacific's Non Current Assets Total and Net Receivables is 0.88. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Par Pacific Holdings, assuming nothing else is changed. The correlation between historical values of Par Pacific's Non Current Assets Total and Net Receivables 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 Current Assets Total of Par Pacific Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., Par Pacific's Non Current Assets Total and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Net Receivables
Most indicators from Par Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Par Pacific Holdings 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 Par Pacific Holdings. 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. At this time, Par Pacific's Selling General Administrative is relatively stable compared to the past year. As of 05/11/2024, Tax Provision is likely to grow to about 7 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 347.8M | 404.6M | 91.4M | 122.9M | Cost Of Revenue | 4.4B | 6.5B | 7.4B | 7.8B |
Par Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Par Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Par Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.1B | 2.6B | 3.3B | 3.9B | 4.1B | |
Short Long Term Debt Total | 1.0B | 1.1B | 961.0M | 870.6M | 1.6B | 1.7B | |
Other Current Liab | 771.7M | 650.8M | 737.7M | 893.1M | 444.8M | 467.0M | |
Total Current Liabilities | 1.0B | 878.7M | 1.4B | 1.8B | 1.5B | 1.6B | |
Total Stockholder Equity | 648.2M | 246.3M | 265.7M | 644.5M | 1.3B | 1.4B | |
Property Plant And Equipment Net | 1.4B | 1.3B | 1.2B | 1.2B | 1.4B | 1.5B | |
Net Debt | 913.1M | 1.0B | 848.8M | 379.7M | 1.3B | 1.4B | |
Retained Earnings | (67.9M) | (477.0M) | (559.1M) | (200.7M) | 465.9M | 489.1M | |
Accounts Payable | 162.4M | 106.9M | 154.5M | 151.4M | 391.3M | 410.9M | |
Non Current Assets Total | 1.7B | 1.5B | 1.4B | 1.4B | 1.9B | 2.0B | |
Non Currrent Assets Other | 22.0M | 60.6M | 56.3M | 69.3M | 186.7M | 196.0M | |
Net Receivables | 228.7M | 111.7M | 195.1M | 252.9M | 367.2M | 385.6M | |
Common Stock Shares Outstanding | 50.5M | 53.3M | 58.3M | 59.9M | 61.0M | 64.1M | |
Liabilities And Stockholders Equity | 2.7B | 2.1B | 2.6B | 3.3B | 3.9B | 4.1B | |
Non Current Liabilities Total | 1.0B | 1.0B | 948.8M | 842.0M | 1.0B | 1.1B | |
Other Stockholder Equity | 715.1M | 726.5M | 821.7M | 836.5M | 860.8M | 539.9M | |
Total Liab | 2.1B | 1.9B | 2.3B | 2.6B | 2.5B | 2.7B | |
Property Plant And Equipment Gross | 1.4B | 1.3B | 1.6B | 1.6B | 1.9B | 2.0B | |
Total Current Assets | 1.0B | 636.5M | 1.1B | 1.9B | 2.0B | 2.1B | |
Accumulated Other Comprehensive Income | 582K | (3.7M) | 2.5M | 8.1M | 8.2M | 8.6M | |
Cash | 126.0M | 68.3M | 112.2M | 490.9M | 279.4M | 293.4M | |
Cash And Short Term Investments | 126.0M | 68.3M | 112.2M | 490.9M | 279.4M | 293.4M | |
Short Term Debt | 92.3M | 116.9M | 64.5M | 77.0M | 673.3M | 706.9M | |
Common Stock Total Equity | 470K | 533K | 540K | 602K | 692.3K | 667.7K | |
Common Stock | 533K | 540K | 602K | 604K | 597K | 546.5K | |
Other Assets | 22.0M | 166.6M | 2.6B | 69.3M | 79.7M | 75.7M | |
Long Term Debt | 599.6M | 648.7M | 553.7M | 494.6M | 646.6M | 678.9M | |
Other Current Assets | 5.6M | 6.9M | 4.3M | 5.6M | 116.9M | 122.7M | |
Property Plant Equipment | 1.4B | 1.3B | 1.2B | 1.2B | 1.4B | 1.4B | |
Inventory | 615.9M | 429.9M | 790.3M | 1.0B | 1.2B | 1.3B | |
Other Liab | 70.1M | 45.9M | 52.3M | 48.4M | 55.7M | 58.5M | |
Current Deferred Revenue | 7.9M | 4.1M | 399.1M | 672.6M | 15.2M | 14.5M | |
Good Will | 195.9M | 128.0M | 127.3M | 129.3M | 129.3M | 81.4M | |
Intangible Assets | 21.5M | 18.9M | 16.2M | 13.6M | 10.9M | 16.6M | |
Net Tangible Assets | 430.8M | 99.4M | 122.2M | 501.6M | 576.9M | 605.7M | |
Retained Earnings Total Equity | (148.2M) | (108.8M) | (477.0M) | (559.1M) | (643.0M) | (675.1M) | |
Capital Surpluse | 617.9M | 715.1M | 726.5M | 821.7M | 739.5M | 540.3M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Par Pacific Holdings using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Par Pacific Holdings. 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. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Par Stock analysis
When running Par Pacific's price analysis, check to measure Par Pacific's 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 Par Pacific is operating at the current time. Most of Par Pacific's value examination focuses on studying past and present price action to predict the probability of Par Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Par Pacific's price. Additionally, you may evaluate how the addition of Par Pacific to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
CEOs Directory Screen CEOs from public companies around the world |
Is Par Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Par Pacific. If investors know Par will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Par Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.408 | Earnings Share 7.98 | Revenue Per Share 142.708 | Quarterly Revenue Growth 0.175 | Return On Assets 0.12 |
The market value of Par Pacific Holdings is measured differently than its book value, which is the value of Par that is recorded on the company's balance sheet. Investors also form their own opinion of Par Pacific's value that differs from its market value or its book value, called intrinsic value, which is Par Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Par Pacific's market value can be influenced by many factors that don't directly affect Par Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Par Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Par Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Par Pacific's 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.