Permian Net Debt vs Total Assets 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 Total Assets 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 Total Assets

Net Debt vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Permian Resources' Net Debt and Total Assets is 0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Permian Resources' Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Total Assets

Total assets refers to the total amount of Permian Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Permian Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

Interest Expense Depreciation And Amortization

Permian Resources fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Other Assets	Net Receivables	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Cash And Equivalents	Property Plant Equipment	Short Long Term Debt Total	Other Liab
Common Stock Shares Outstanding		0.76	0.56	0.65	0.95	0.69	0.35	0.48	0.76	0.32	0.48	0.97	0.67	0.69	0.84	0.61	0.6	0.77	0.64	0.67	0.88	0.51	-0.81	0.77	0.62	-0.52
Total Assets	0.76		0.96	0.99	0.83	0.98	0.75	0.38	1.0	0.66	0.38	0.82	0.99	0.98	0.99	0.98	0.88	0.96	0.98	0.98	0.77	0.93	-0.56	0.81	0.97	-0.53
Other Current Liab	0.56	0.96		0.99	0.69	0.95	0.81	0.35	0.95	0.79	0.35	0.66	0.97	0.97	0.91	0.99	0.91	0.9	0.99	0.96	0.59	0.98	-0.33	0.76	0.97	-0.48
Total Current Liabilities	0.65	0.99	0.99		0.76	0.98	0.8	0.33	0.99	0.7	0.33	0.73	0.99	0.98	0.95	1.0	0.9	0.94	1.0	0.99	0.69	0.97	-0.46	0.79	0.99	-0.48
Total Stockholder Equity	0.95	0.83	0.69	0.76		0.76	0.53	0.53	0.84	0.39	0.53	0.99	0.76	0.77	0.87	0.72	0.72	0.81	0.74	0.76	0.86	0.66	-0.7	0.82	0.71	-0.44
Net Debt	0.69	0.98	0.95	0.98	0.76		0.72	0.22	0.98	0.66	0.22	0.74	1.0	0.95	0.95	0.99	0.84	0.94	0.98	1.0	0.76	0.94	-0.56	0.82	0.99	-0.57
Retained Earnings	0.35	0.75	0.81	0.8	0.53	0.72		0.28	0.75	0.42	0.28	0.45	0.76	0.78	0.68	0.79	0.85	0.79	0.8	0.74	0.36	0.79	-0.16	0.61	0.75	0.1
Cash	0.48	0.38	0.35	0.33	0.53	0.22	0.28		0.38	0.3	1.0	0.52	0.26	0.48	0.45	0.27	0.45	0.32	0.3	0.24	0.16	0.25	0.07	0.32	0.23	-0.07
Non Current Assets Total	0.76	1.0	0.95	0.99	0.84	0.98	0.75	0.38		0.66	0.38	0.82	0.99	0.97	0.99	0.98	0.88	0.95	0.98	0.99	0.78	0.93	-0.57	0.81	0.97	-0.53
Non Currrent Assets Other	0.32	0.66	0.79	0.7	0.39	0.66	0.42	0.3	0.66		0.3	0.39	0.68	0.71	0.64	0.71	0.7	0.58	0.71	0.67	0.3	0.73	-0.07	0.49	0.69	-0.67
Cash And Short Term Investments	0.48	0.38	0.35	0.33	0.53	0.22	0.28	1.0	0.38	0.3		0.52	0.26	0.48	0.45	0.27	0.45	0.32	0.3	0.24	0.16	0.25	0.07	0.32	0.23	-0.07
Other Stockholder Equity	0.97	0.82	0.66	0.73	0.99	0.74	0.45	0.52	0.82	0.39	0.52		0.74	0.75	0.86	0.69	0.68	0.78	0.71	0.74	0.88	0.63	-0.73	0.78	0.69	-0.5
Total Liab	0.67	0.99	0.97	0.99	0.76	1.0	0.76	0.26	0.99	0.68	0.26	0.74		0.96	0.95	1.0	0.86	0.94	0.99	1.0	0.74	0.96	-0.52	0.8	0.99	-0.54
Total Current Assets	0.69	0.98	0.97	0.98	0.77	0.95	0.78	0.48	0.97	0.71	0.48	0.75	0.96		0.97	0.96	0.91	0.94	0.98	0.95	0.64	0.92	-0.4	0.82	0.95	-0.48
Common Stock	0.84	0.99	0.91	0.95	0.87	0.95	0.68	0.45	0.99	0.64	0.45	0.86	0.95	0.97		0.93	0.86	0.96	0.95	0.95	0.8	0.87	-0.61	0.83	0.93	-0.57
Property Plant And Equipment Net	0.61	0.98	0.99	1.0	0.72	0.99	0.79	0.27	0.98	0.71	0.27	0.69	1.0	0.96	0.93		0.88	0.93	1.0	0.99	0.67	0.98	-0.44	0.78	0.99	-0.5
Accounts Payable	0.6	0.88	0.91	0.9	0.72	0.84	0.85	0.45	0.88	0.7	0.45	0.68	0.86	0.91	0.86	0.88		0.9	0.9	0.85	0.61	0.86	-0.34	0.7	0.83	-0.29
Other Assets	0.77	0.96	0.9	0.94	0.81	0.94	0.79	0.32	0.95	0.58	0.32	0.78	0.94	0.94	0.96	0.93	0.9		0.95	0.93	0.76	0.84	-0.6	0.87	0.92	-0.43
Net Receivables	0.64	0.98	0.99	1.0	0.74	0.98	0.8	0.3	0.98	0.71	0.3	0.71	0.99	0.98	0.95	1.0	0.9	0.95		0.99	0.68	0.96	-0.45	0.81	0.99	-0.49
Non Current Liabilities Total	0.67	0.98	0.96	0.99	0.76	1.0	0.74	0.24	0.99	0.67	0.24	0.74	1.0	0.95	0.95	0.99	0.85	0.93	0.99		0.74	0.96	-0.53	0.8	0.99	-0.55
Capital Surpluse	0.88	0.77	0.59	0.69	0.86	0.76	0.36	0.16	0.78	0.3	0.16	0.88	0.74	0.64	0.8	0.67	0.61	0.76	0.68	0.74		0.61	-0.9	0.64	0.68	-0.55
Other Current Assets	0.51	0.93	0.98	0.97	0.66	0.94	0.79	0.25	0.93	0.73	0.25	0.63	0.96	0.92	0.87	0.98	0.86	0.84	0.96	0.96	0.61		-0.34	0.68	0.96	-0.45
Cash And Equivalents	-0.81	-0.56	-0.33	-0.46	-0.7	-0.56	-0.16	0.07	-0.57	-0.07	0.07	-0.73	-0.52	-0.4	-0.61	-0.44	-0.34	-0.6	-0.45	-0.53	-0.9	-0.34		-0.52	-0.47	0.48
Property Plant Equipment	0.77	0.81	0.76	0.79	0.82	0.82	0.61	0.32	0.81	0.49	0.32	0.78	0.8	0.82	0.83	0.78	0.7	0.87	0.81	0.8	0.64	0.68	-0.52		0.79	-0.47
Short Long Term Debt Total	0.62	0.97	0.97	0.99	0.71	0.99	0.75	0.23	0.97	0.69	0.23	0.69	0.99	0.95	0.93	0.99	0.83	0.92	0.99	0.99	0.68	0.96	-0.47	0.79		-0.55
Other Liab	-0.52	-0.53	-0.48	-0.48	-0.44	-0.57	0.1	-0.07	-0.53	-0.67	-0.07	-0.5	-0.54	-0.48	-0.57	-0.5	-0.29	-0.43	-0.49	-0.55	-0.55	-0.45	0.48	-0.47	-0.55

Click cells to compare fundamentals

Permian Resources Account Relationship Matchups

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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When determining whether Permian Resources is a strong investment it is important to analyze Permian Resources' 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 Permian Resources' future performance. For an informed investment choice regarding Permian Stock, refer to the following important reports:

How To Invest In Permian

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Is Permian Stock a good investment?

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What is Permian Resources' Net Worth?

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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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

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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.

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Permian Net Debt vs Total Assets Analysis

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Assets

Permian Resources fundamental ratios Correlations

Permian Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Permian Resources fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Cash And Equivalents	- 0.9	Capital Surpluse
Cash And Equivalents	- 0.81	Common Stock Shares Outstanding
Cash And Equivalents	- 0.73	Other Stockholder Equity
Cash And Equivalents	- 0.7	Total Stockholder Equity
Other Liab	- 0.67	Non Currrent Assets Other
Cash And Equivalents	- 0.61	Common Stock