Par Operating Income vs Interest Expense Analysis
PARR Stock | USD 27.14 0.80 3.04% |
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 Operating Income and its Interest Expense 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.
Operating Income vs Interest Expense
Operating Income vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Par Pacific Holdings Operating Income account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Par Pacific's Operating Income and Interest Expense is 0.59. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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 Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Par Pacific Holdings are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Par Pacific's Operating Income and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Par Pacific Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Par Pacific Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 06/02/2024, 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 |
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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 0.0745 |
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.