Par Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Par Pacific Holdings Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Par Pacific's Property Plant And Equipment Net and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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 Property Plant And Equipment Net 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 Net of Par Pacific Holdings 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 Net i.e., Par Pacific's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Accounts Payable

An accounting item on the balance sheet that represents Par Pacific 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 Par Pacific Holdings 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 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 Expenses347.8M404.6M91.4M122.9M
Cost Of Revenue4.4B6.5B7.4B7.8B

Par Pacific fundamental ratios Correlations

0.950.740.960.870.930.870.540.920.960.850.960.860.93-0.020.980.970.970.790.790.580.930.860.220.910.71
0.950.630.880.830.960.980.430.940.970.870.880.750.920.10.930.970.870.610.610.690.880.780.210.90.77
0.740.630.80.40.770.560.310.480.750.360.640.770.82-0.070.830.740.680.60.6-0.070.730.790.380.760.13
0.960.880.80.750.90.780.380.840.90.760.880.80.880.10.980.950.950.840.840.490.880.840.330.820.58
0.870.830.40.750.710.760.690.940.790.920.940.730.7-0.120.750.770.890.70.70.750.790.65-0.10.730.9
0.930.960.770.90.710.930.320.830.990.720.820.770.970.160.960.980.820.610.610.520.880.840.30.920.57
0.870.980.560.780.760.930.360.90.940.820.80.670.890.120.850.920.750.420.420.690.810.710.250.870.74
0.540.430.310.380.690.320.360.580.430.60.680.640.48-0.790.440.370.610.470.470.220.450.36-0.10.530.54
0.920.940.480.840.940.830.90.580.870.960.940.710.8-0.030.850.890.910.650.650.780.810.670.130.780.91
0.960.970.750.90.790.990.940.430.870.770.880.840.980.070.960.970.860.630.630.550.920.880.260.960.63
0.850.870.360.760.920.720.820.60.960.770.890.680.7-0.090.760.80.870.630.630.790.770.610.060.710.94
0.960.880.640.880.940.820.80.680.940.880.890.850.83-0.150.890.870.970.750.750.610.880.780.140.830.79
0.860.750.770.80.730.770.670.640.710.840.680.850.88-0.250.860.770.830.680.680.290.940.940.280.910.46
0.930.920.820.880.70.970.890.480.80.980.70.830.88-0.060.960.940.820.60.60.40.910.890.330.980.51
-0.020.1-0.070.1-0.120.160.12-0.79-0.030.07-0.09-0.15-0.25-0.060.030.13-0.1-0.04-0.040.280.070.080.06-0.11-0.03
0.980.930.830.980.750.960.850.440.850.960.760.890.860.960.030.980.920.760.760.470.920.890.340.920.57
0.970.970.740.950.770.980.920.370.890.970.80.870.770.940.130.980.890.690.690.590.890.830.330.90.66
0.970.870.680.950.890.820.750.610.910.860.870.970.830.82-0.10.920.890.880.880.580.870.790.170.80.73
0.790.610.60.840.70.610.420.470.650.630.630.750.680.6-0.040.760.690.881.00.380.710.67-0.010.570.48
0.790.610.60.840.70.610.420.470.650.630.630.750.680.6-0.040.760.690.881.00.380.710.67-0.010.570.48
0.580.69-0.070.490.750.520.690.220.780.550.790.610.290.40.280.470.590.580.380.380.490.32-0.120.420.87
0.930.880.730.880.790.880.810.450.810.920.770.880.940.910.070.920.890.870.710.710.490.980.290.920.59
0.860.780.790.840.650.840.710.360.670.880.610.780.940.890.080.890.830.790.670.670.320.980.350.90.39
0.220.210.380.33-0.10.30.25-0.10.130.260.060.140.280.330.060.340.330.17-0.01-0.01-0.120.290.350.27-0.09
0.910.90.760.820.730.920.870.530.780.960.710.830.910.98-0.110.920.90.80.570.570.420.920.90.270.52
0.710.770.130.580.90.570.740.540.910.630.940.790.460.51-0.030.570.660.730.480.480.870.590.39-0.090.52
Click cells to compare fundamentals

Par Pacific Account Relationship Matchups

Par Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.1B2.6B3.3B3.9B4.1B
Short Long Term Debt Total1.0B1.1B961.0M870.6M1.6B1.7B
Other Current Liab771.7M650.8M737.7M893.1M444.8M467.0M
Total Current Liabilities1.0B878.7M1.4B1.8B1.5B1.6B
Total Stockholder Equity648.2M246.3M265.7M644.5M1.3B1.4B
Property Plant And Equipment Net1.4B1.3B1.2B1.2B1.4B1.5B
Net Debt913.1M1.0B848.8M379.7M1.3B1.4B
Retained Earnings(67.9M)(477.0M)(559.1M)(200.7M)465.9M489.1M
Accounts Payable162.4M106.9M154.5M151.4M391.3M410.9M
Non Current Assets Total1.7B1.5B1.4B1.4B1.9B2.0B
Non Currrent Assets Other22.0M60.6M56.3M69.3M186.7M196.0M
Net Receivables228.7M111.7M195.1M252.9M367.2M385.6M
Common Stock Shares Outstanding50.5M53.3M58.3M59.9M61.0M64.1M
Liabilities And Stockholders Equity2.7B2.1B2.6B3.3B3.9B4.1B
Non Current Liabilities Total1.0B1.0B948.8M842.0M1.0B1.1B
Other Stockholder Equity715.1M726.5M821.7M836.5M860.8M539.9M
Total Liab2.1B1.9B2.3B2.6B2.5B2.7B
Property Plant And Equipment Gross1.4B1.3B1.6B1.6B1.9B2.0B
Total Current Assets1.0B636.5M1.1B1.9B2.0B2.1B
Accumulated Other Comprehensive Income582K(3.7M)2.5M8.1M8.2M8.6M
Cash126.0M68.3M112.2M490.9M279.4M293.4M
Cash And Short Term Investments126.0M68.3M112.2M490.9M279.4M293.4M
Short Term Debt92.3M116.9M64.5M77.0M673.3M706.9M
Common Stock Total Equity470K533K540K602K692.3K667.7K
Common Stock533K540K602K604K597K546.5K
Other Assets22.0M166.6M2.6B69.3M79.7M75.7M
Long Term Debt599.6M648.7M553.7M494.6M646.6M678.9M
Other Current Assets5.6M6.9M4.3M5.6M116.9M122.7M
Property Plant Equipment1.4B1.3B1.2B1.2B1.4B1.4B
Inventory615.9M429.9M790.3M1.0B1.2B1.3B
Other Liab70.1M45.9M52.3M48.4M55.7M58.5M
Current Deferred Revenue7.9M4.1M399.1M672.6M15.2M14.5M
Good Will195.9M128.0M127.3M129.3M129.3M81.4M
Intangible Assets21.5M18.9M16.2M13.6M10.9M16.6M
Net Tangible Assets430.8M99.4M122.2M501.6M576.9M605.7M
Retained Earnings Total Equity(148.2M)(108.8M)(477.0M)(559.1M)(643.0M)(675.1M)
Capital Surpluse617.9M715.1M726.5M821.7M739.5M540.3M

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When determining whether Par Pacific Holdings is a strong investment it is important to analyze Par Pacific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Par Pacific's future performance. For an informed investment choice regarding Par Stock, refer to the following important reports:
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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.
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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
0.12
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.