Parkland Pb Ratio vs Price To Sales Ratio Analysis
PKI Stock | CAD 39.37 0.07 0.18% |
Parkland Fuel financial indicator trend analysis is much more than just breaking down Parkland Fuel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parkland Fuel is a good investment. Please check the relationship between Parkland Fuel Pb Ratio and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parkland Fuel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Price To Sales Ratio
Pb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parkland Fuel Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Parkland Fuel's Pb Ratio and Price To Sales Ratio is 0.33. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Parkland Fuel, assuming nothing else is changed. The correlation between historical values of Parkland Fuel's Pb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Parkland Fuel are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., Parkland Fuel's Pb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pb Ratio
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Parkland Fuel stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Parkland Fuel sales, a figure that is much harder to manipulate than other Parkland Fuel multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Most indicators from Parkland Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Parkland Fuel 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 Parkland Fuel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Parkland Fuel's Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 51.6 M, while Issuance Of Capital Stock is likely to drop about 12.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 223M | 295M | 352M | 369.6M | Depreciation And Amortization | 616M | 743M | 854.5M | 897.2M |
Parkland Fuel fundamental ratios Correlations
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Parkland Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Parkland Fuel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3B | 9.1B | 11.6B | 14.3B | 13.9B | 14.6B | |
Short Long Term Debt Total | 3.9B | 4.2B | 5.6B | 7.0B | 8.0B | 8.4B | |
Total Current Liabilities | 1.9B | 1.6B | 2.3B | 3.3B | 3.4B | 3.5B | |
Total Stockholder Equity | 2.0B | 1.9B | 2.0B | 3.0B | 3.2B | 3.3B | |
Property Plant And Equipment Net | 3.7B | 3.8B | 4.4B | 5.1B | 5.2B | 5.4B | |
Net Debt | 3.7B | 3.9B | 5.3B | 6.3B | 4.9B | 5.2B | |
Retained Earnings | 53M | (49M) | (142M) | (206M) | 9M | 9.5M | |
Accounts Payable | 1.4B | 1.2B | 2.0B | 2.8B | 2.8B | 3.0B | |
Non Current Assets Total | 7.1B | 7.2B | 8.4B | 9.7B | 9.5B | 10.0B | |
Non Currrent Assets Other | 474M | 552M | 205M | 195M | 92M | 67.9M | |
Net Receivables | 1.1B | 826M | 1.4B | 1.9B | 1.4B | 1.5B | |
Common Stock Shares Outstanding | 135.1M | 149.7M | 150.9M | 152.5M | 175.8M | 184.6M | |
Liabilities And Stockholders Equity | 9.3B | 9.1B | 11.6B | 14.3B | 16.4B | 17.3B | |
Non Current Liabilities Total | 5.1B | 5.2B | 7.0B | 8.0B | 7.3B | 7.7B | |
Inventory | 780M | 650M | 1.3B | 1.7B | 1.8B | 1.8B | |
Other Current Assets | 97M | 140M | 179M | 290M | 75M | 57.9M | |
Other Stockholder Equity | (467M) | (444M) | (435M) | 73M | 65.7M | 69.0M | |
Total Liab | 7.0B | 6.8B | 9.2B | 11.3B | 10.7B | 11.2B | |
Property Plant And Equipment Gross | 3.7B | 3.8B | 6.3B | 7.5B | 7.8B | 8.2B | |
Total Current Assets | 2.2B | 1.9B | 3.1B | 4.6B | 4.3B | 4.5B | |
Accumulated Other Comprehensive Income | (10M) | (28M) | (39M) | (67M) | (77.1M) | (80.9M) | |
Short Term Debt | 115M | 303M | 124M | 173M | 199.0M | 208.9M | |
Intangible Assets | 965M | 949M | 1.1B | 1.4B | 1.2B | 1.2B | |
Other Current Liab | 401M | 91M | 156M | 271M | 216M | 226.8M | |
Cash | 244M | 262M | 284M | 653M | 387M | 406.4M | |
Cash And Short Term Investments | 244M | 262M | 284M | 653M | 751.0M | 788.5M | |
Current Deferred Revenue | 22M | 19M | 23M | 36M | 41.4M | 43.5M | |
Good Will | 1.8B | 1.9B | 2.2B | 2.5B | 2.4B | 2.5B | |
Common Stock Total Equity | 1.8B | 1.9B | 2.4B | 2.4B | 2.8B | 1.4B | |
Common Stock | 2.4B | 2.4B | 2.6B | 3.2B | 3.7B | 3.9B | |
Other Liab | 1.3B | 1.3B | 1.5B | 1.2B | 1.3B | 741.2M | |
Net Tangible Assets | (818M) | (894M) | (1.3B) | (802M) | (721.8M) | (685.7M) | |
Other Assets | 404M | 439M | 401M | 279M | 320.9M | 236.6M | |
Long Term Debt | 3.4B | 3.9B | 4.9B | 6.1B | 5.3B | 3.0B | |
Short Long Term Debt | 115M | 303M | 3M | 1M | 900K | 855K | |
Property Plant Equipment | 3.7B | 3.8B | 4.4B | 5.1B | 5.9B | 6.2B | |
Long Term Debt Total | 3.8B | 3.9B | 5.4B | 6.8B | 7.8B | 8.2B | |
Capital Surpluse | 27M | 50M | 59M | 73M | 84.0M | 88.1M | |
Non Current Liabilities Other | 28M | 23M | 40M | 75M | 54M | 40.0M | |
Cash And Equivalents | 244M | 262M | 284M | 653M | 751.0M | 788.5M |
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