Permian Other Stockholder Equity vs Property Plant Equipment Analysis

PBT Stock

USD 11.13 0.65 5.52%

Permian Basin financial indicator trend analysis is much more than just breaking down Permian Basin Royalty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Permian Basin Royalty is a good investment. Please check the relationship between Permian Basin Other Stockholder Equity and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Basin Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Other Stockholder Equity vs Property Plant Equipment

Other Stockholder Equity vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Permian Basin Royalty Other Stockholder Equity account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.

The correlation between Permian Basin's Other Stockholder Equity and Property Plant Equipment is 0.66. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Permian Basin Royalty, assuming nothing else is changed. The correlation between historical values of Permian Basin's Other Stockholder Equity and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Permian Basin Royalty are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Stockholder Equity i.e., Permian Basin's Other Stockholder Equity and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Stockholder Equity

Property Plant Equipment

Most indicators from Permian Basin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Permian Basin Royalty 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 Permian Basin Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Selling General Administrative is likely to drop to about 888.7 K in 2024. Sales General And Administrative To Revenue is likely to drop to 0.02 in 2024

	2021	2022	2023	2024 (projected)
Operating Income	10.7M	53.5M	28.0M	37.9M
Other Operating Expenses	1.1M	922.4K	1.1M	1.1M

Operating Income Other Operating Expenses

Permian Basin fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Total Liab	Other Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Other Current Liab	Total Current Liabilities	Other Stockholder Equity	Accounts Payable	Other Liab	Net Tangible Assets	Long Term Investments	Intangible Assets	Property Plant Equipment
Common Stock Shares Outstanding		-0.19	0.18	0.18	0.83	-0.86	0.18	-0.03	-0.44	-0.44	1.0	0.33	-0.45	0.69	-0.11	-0.68	0.22	-0.33	-0.32	0.46	0.29	-0.33	0.4	0.36	0.42	0.4
Total Assets	-0.19		0.74	0.74	-0.12	0.12	0.74	-0.76	0.54	0.54	-0.2	0.63	0.39	-0.14	0.73	0.18	0.72	0.71	0.72	-0.21	0.36	-0.14	0.18	0.22	0.19	0.18
Total Stockholder Equity	0.18	0.74		1.0	0.26	-0.26	1.0	-0.93	-0.17	-0.17	0.18	0.96	-0.33	0.23	0.94	-0.1	1.0	0.17	0.15	-0.18	0.35	-0.44	0.43	0.45	0.46	0.43
Property Plant And Equipment Net	0.18	0.74	1.0		0.26	-0.26	1.0	-0.93	-0.17	-0.17	0.18	0.96	-0.33	0.23	0.94	-0.1	1.0	0.17	0.15	-0.18	0.35	-0.44	0.43	0.45	0.46	0.43
Net Debt	0.83	-0.12	0.26	0.26		-1.0	0.26	-0.02	-0.46	-0.46	0.83	0.33	-0.47	0.61	0.03	-0.7	0.31	-0.26	-0.23	0.57	0.21	-0.57	0.66	0.63	0.63	0.66
Cash	-0.86	0.12	-0.26	-0.26	-1.0		-0.26	0.02	0.45	0.45	-0.86	-0.33	0.46	-0.62	-0.01	0.71	-0.31	0.26	0.22	-0.57	-0.22	0.55	-0.64	-0.62	-0.62	-0.64
Non Current Assets Total	0.18	0.74	1.0	1.0	0.26	-0.26		-0.93	-0.17	-0.17	0.18	0.96	-0.33	0.23	0.94	-0.1	1.0	0.17	0.15	-0.18	0.35	-0.44	0.43	0.45	0.46	0.43
Non Currrent Assets Other	-0.03	-0.76	-0.93	-0.93	-0.02	0.02	-0.93		0.05	0.05	-0.02	-0.92	0.21	-0.03	-0.93	-0.14	-0.91	-0.21	-0.16	0.44	-0.37	0.21	-0.14	-0.17	-0.21	-0.14
Cash And Short Term Investments	-0.44	0.54	-0.17	-0.17	-0.46	0.45	-0.17	0.05		1.0	-0.44	-0.27	0.99	-0.45	-0.13	0.34	-0.19	0.84	0.87	-0.05	0.13	0.34	-0.26	-0.22	-0.29	-0.26
Total Current Assets	-0.44	0.54	-0.17	-0.17	-0.46	0.45	-0.17	0.05	1.0		-0.44	-0.27	0.99	-0.45	-0.13	0.34	-0.19	0.84	0.87	-0.05	0.13	0.34	-0.26	-0.22	-0.29	-0.26
Short Long Term Debt Total	1.0	-0.2	0.18	0.18	0.83	-0.86	0.18	-0.02	-0.44	-0.44		0.33	-0.45	0.69	-0.12	-0.68	0.21	-0.33	-0.32	0.46	0.29	-0.33	0.4	0.36	0.41	0.4
Non Current Liabilities Total	0.33	0.63	0.96	0.96	0.33	-0.33	0.96	-0.92	-0.27	-0.27	0.33		-0.42	0.25	0.88	-0.09	0.96	0.01	-0.01	-0.26	0.37	-0.33	0.3	0.32	0.36	0.3
Total Liab	-0.45	0.39	-0.33	-0.33	-0.47	0.46	-0.33	0.21	0.99	0.99	-0.45	-0.42		-0.47	-0.29	0.33	-0.35	0.78	0.82	-0.01	0.07	0.38	-0.3	-0.27	-0.33	-0.3
Other Assets	0.69	-0.14	0.23	0.23	0.61	-0.62	0.23	-0.03	-0.45	-0.45	0.69	0.25	-0.47		0.02	-0.84	0.28	-0.29	-0.26	0.62	0.17	-0.48	0.66	0.52	0.52	0.66
Common Stock Total Equity	-0.11	0.73	0.94	0.94	0.03	-0.01	0.94	-0.93	-0.13	-0.13	-0.12	0.88	-0.29	0.02		0.12	0.92	0.14	0.12	-0.36	0.23	-0.29	0.25	0.27	0.27	0.25
Property Plant And Equipment Gross	-0.68	0.18	-0.1	-0.1	-0.7	0.71	-0.1	-0.14	0.34	0.34	-0.68	-0.09	0.33	-0.84	0.12		-0.15	0.2	0.16	-0.8	-0.11	0.49	-0.68	-0.55	-0.53	-0.68
Common Stock	0.22	0.72	1.0	1.0	0.31	-0.31	1.0	-0.91	-0.19	-0.19	0.21	0.96	-0.35	0.28	0.92	-0.15		0.15	0.14	-0.13	0.33	-0.48	0.48	0.49	0.5	0.48
Other Current Liab	-0.33	0.71	0.17	0.17	-0.26	0.26	0.17	-0.21	0.84	0.84	-0.33	0.01	0.78	-0.29	0.14	0.2	0.15		0.97	0.03	0.43	-0.15	0.12	0.19	0.16	0.12
Total Current Liabilities	-0.32	0.72	0.15	0.15	-0.23	0.22	0.15	-0.16	0.87	0.87	-0.32	-0.01	0.82	-0.26	0.12	0.16	0.14	0.97		0.1	0.28	-0.15	0.18	0.24	0.19	0.18
Other Stockholder Equity	0.46	-0.21	-0.18	-0.18	0.57	-0.57	-0.18	0.44	-0.05	-0.05	0.46	-0.26	-0.01	0.62	-0.36	-0.8	-0.13	0.03	0.1		-0.03	-0.47	0.66	0.56	0.49	0.66
Accounts Payable	0.29	0.36	0.35	0.35	0.21	-0.22	0.35	-0.37	0.13	0.13	0.29	0.37	0.07	0.17	0.23	-0.11	0.33	0.43	0.28	-0.03		-0.26	0.18	0.21	0.29	0.18
Other Liab	-0.33	-0.14	-0.44	-0.44	-0.57	0.55	-0.44	0.21	0.34	0.34	-0.33	-0.33	0.38	-0.48	-0.29	0.49	-0.48	-0.15	-0.15	-0.47	-0.26		-0.92	-0.95	-0.97	-0.92
Net Tangible Assets	0.4	0.18	0.43	0.43	0.66	-0.64	0.43	-0.14	-0.26	-0.26	0.4	0.3	-0.3	0.66	0.25	-0.68	0.48	0.12	0.18	0.66	0.18	-0.92		0.98	0.94	1.0
Long Term Investments	0.36	0.22	0.45	0.45	0.63	-0.62	0.45	-0.17	-0.22	-0.22	0.36	0.32	-0.27	0.52	0.27	-0.55	0.49	0.19	0.24	0.56	0.21	-0.95	0.98		0.98	0.98
Intangible Assets	0.42	0.19	0.46	0.46	0.63	-0.62	0.46	-0.21	-0.29	-0.29	0.41	0.36	-0.33	0.52	0.27	-0.53	0.5	0.16	0.19	0.49	0.29	-0.97	0.94	0.98		0.94
Property Plant Equipment	0.4	0.18	0.43	0.43	0.66	-0.64	0.43	-0.14	-0.26	-0.26	0.4	0.3	-0.3	0.66	0.25	-0.68	0.48	0.12	0.18	0.66	0.18	-0.92	1.0	0.98	0.94

Click cells to compare fundamentals

Permian Basin Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Permian Stock Analysis

When running Permian Basin's price analysis, check to measure Permian Basin'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 Permian Basin is operating at the current time. Most of Permian Basin's value examination focuses on studying past and present price action to predict the probability of Permian Basin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Basin's price. Additionally, you may evaluate how the addition of Permian Basin to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Permian Other Stockholder Equity vs Property Plant Equipment Analysis

Other Stockholder Equity vs Property Plant Equipment

Other Stockholder Equity vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Property Plant Equipment

Permian Basin fundamental ratios Correlations

Permian Basin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Permian Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Property Plant And Equipment Net

Cash	- 1.0	Net Debt
Intangible Assets	- 0.97	Other Liab
Long Term Investments	- 0.95	Other Liab
Common Stock Total Equity	- 0.93	Non Currrent Assets Other
Non Currrent Assets Other	- 0.93	Non Current Assets Total
Non Currrent Assets Other	- 0.93	Property Plant And Equipment Net