Permian Net Debt vs Accounts Payable Analysis
PR Stock | USD 16.93 0.21 1.26% |
Permian Resources financial indicator trend analysis is much more than just breaking down Permian Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Permian Resources is a good investment. Please check the relationship between Permian Resources Net Debt and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. 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. To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Permian Resources Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Permian Resources' Net Debt and Accounts Payable is 0.84. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Permian Resources, assuming nothing else is changed. The correlation between historical values of Permian Resources' Net Debt 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 Net Debt of Permian Resources 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 Net Debt i.e., Permian Resources' Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents Permian Resources 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 Permian Resources 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 Permian Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Permian Resources 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 Resources. 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. To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.As of 05/06/2024, Tax Provision is likely to grow to about 123.8 M, while Selling General Administrative is likely to drop slightly above 104.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 61.3M | 95.6M | 185.0M | 194.3M | Depreciation And Amortization | 281.9M | 527.9M | 1.0B | 1.1B |
Permian Resources fundamental ratios Correlations
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Permian Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Permian Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 276.6M | 277.4M | 310.2M | 322.8M | 389.1M | 255.8M | |
Total Assets | 4.7B | 3.8B | 3.8B | 8.5B | 15.1B | 15.8B | |
Other Current Liab | 925K | 18.3M | 36.2M | 519.9M | 1.1B | 1.2B | |
Total Current Liabilities | 254.5M | 131.9M | 167.9M | 605.6M | 1.2B | 1.3B | |
Total Stockholder Equity | 3.3B | 2.6B | 2.8B | 2.9B | 6.3B | 3.2B | |
Net Debt | 1.1B | 1.1B | 833.6M | 2.2B | 3.8B | 4.0B | |
Retained Earnings | 282.3M | (400.5M) | (262.3M) | 237.2M | 569.1M | 597.6M | |
Cash | 10.2M | 5.8M | 9.4M | 59.5M | 73.9M | 38.1M | |
Non Current Assets Total | 4.6B | 3.8B | 3.7B | 8.0B | 14.4B | 15.1B | |
Non Currrent Assets Other | (175.3M) | 19.2M | 15.9M | 70.2M | 149.0M | 156.5M | |
Cash And Short Term Investments | 10.2M | 5.8M | 9.4M | 59.5M | 73.9M | 38.1M | |
Liabilities And Stockholders Equity | 4.7B | 3.8B | 3.8B | 8.5B | 15.1B | 15.8B | |
Other Stockholder Equity | 3.0B | 3.0B | 3.0B | 2.7B | 5.8B | 3.1B | |
Total Liab | 1.4B | 1.2B | 1.1B | 2.8B | 5.8B | 6.1B | |
Total Current Assets | 120.1M | 65.6M | 86.5M | 463.8M | 650.4M | 682.9M | |
Property Plant And Equipment Net | 4.5B | 3.7B | 3.7B | 8.0B | 14.1B | 14.8B | |
Accounts Payable | 21.5M | 5.1M | 9.7M | 51.4M | 94.5M | 99.3M | |
Other Assets | 40.4M | 19.2M | 15.9M | 74.6M | 85.8M | 90.1M | |
Long Term Debt | 1.1B | 1.1B | 825.6M | 2.1B | 3.8B | 4.0B | |
Net Receivables | 101.9M | 54.6M | 71.3M | 282.8M | 481.1M | 505.1M | |
Long Term Debt Total | 1.1B | 1.1B | 825.6M | 2.1B | 2.5B | 2.6B | |
Non Current Liabilities Total | 1.2B | 1.1B | 886.0M | 2.2B | 4.6B | 4.8B | |
Capital Surpluse | 3.0B | 3.0B | 3.0B | 2.7B | 3.1B | 3.1B | |
Other Current Assets | 8.0M | 5.2M | 5.9M | 20.6M | 95.5M | 100.2M | |
Cash And Equivalents | 10.2M | 5.8M | 9.4M | 59.5M | 53.6M | 40.5M | |
Short Term Debt | 9.2M | 3.2M | 1.4M | 29.8M | 33.0M | 34.7M | |
Property Plant Equipment | 4.5B | 3.7B | 3.7B | 8.0B | 9.1B | 4.7B | |
Short Long Term Debt Total | 1.1B | 1.1B | 843.0M | 2.2B | 3.9B | 4.1B | |
Other Liab | 102.4M | 22.6M | 44.4M | 48.6M | 43.7M | 47.2M | |
Net Tangible Assets | 3.3B | 2.6B | 2.8B | 2.9B | 2.6B | 2.3B | |
Net Invested Capital | 4.3B | 3.7B | 3.6B | 5.1B | 10.2B | 5.6B | |
Net Working Capital | (134.3M) | (66.3M) | (81.4M) | (141.8M) | (591.2M) | (561.6M) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. 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. To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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Is Permian Resources' 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 Permian Resources. If investors know Permian 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 Permian Resources 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 1.03 | Dividend Share 0.37 | Earnings Share 1.24 | Revenue Per Share 8.937 | Quarterly Revenue Growth 0.474 |
The market value of Permian Resources is measured differently than its book value, which is the value of Permian that is recorded on the company's balance sheet. Investors also form their own opinion of Permian Resources' value that differs from its market value or its book value, called intrinsic value, which is Permian Resources' 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 Permian Resources' market value can be influenced by many factors that don't directly affect Permian Resources' 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 Permian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Permian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permian Resources' 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.