Par Pacific Holdings Stock Current Asset
| PARR Stock | USD 17.37 0.23 1.31% |
Par Pacific Holdings fundamentals help investors to digest information that contributes to Par Pacific's financial success or failures. It also enables traders to predict the movement of Par Stock. The fundamental analysis module provides a way to measure Par Pacific's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Par Pacific stock.
As of 11/24/2024, Non Current Assets Total is likely to grow to about 2 B. Also, Total Current Assets is likely to grow to about 2.1 B. Par | Current Asset |
Par Pacific Holdings Company Current Asset Analysis
Par Pacific's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Par Pacific Current Asset | 531.75 M |
Most of Par Pacific's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Par Pacific Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Par Current Asset Historical Pattern
Today, most investors in Par Pacific Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Par Pacific's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Par Pacific current asset as a starting point in their analysis.
Par Pacific Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Par Total Assets
Total Assets |
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In accordance with the recently published financial statements, Par Pacific Holdings has a Current Asset of 531.75 M. This is 92.53% lower than that of the Oil, Gas & Consumable Fuels sector and 85.38% lower than that of the Energy industry. The current asset for all United States stocks is 94.31% higher than that of the company.
Par Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Par Pacific's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Par Pacific could also be used in its relative valuation, which is a method of valuing Par Pacific by comparing valuation metrics of similar companies.Par Pacific is currently under evaluation in current asset category among its peers.
Par Pacific ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Par Pacific's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Par Pacific's managers, analysts, and investors.Environmental | Governance | Social |
Par Fundamentals
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0404 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.29 B | ||||
| Shares Outstanding | 55.95 M | ||||
| Shares Owned By Insiders | 2.70 % | ||||
| Shares Owned By Institutions | 98.30 % | ||||
| Number Of Shares Shorted | 3 M | ||||
| Price To Earning | 9.02 X | ||||
| Price To Book | 0.78 X | ||||
| Price To Sales | 0.12 X | ||||
| Revenue | 8.23 B | ||||
| Gross Profit | 945.77 M | ||||
| EBITDA | 805.81 M | ||||
| Net Income | 728.64 M | ||||
| Cash And Equivalents | 186.18 M | ||||
| Cash Per Share | 3.09 X | ||||
| Total Debt | 1.02 B | ||||
| Debt To Equity | 3.11 % | ||||
| Current Ratio | 0.88 X | ||||
| Book Value Per Share | 22.40 X | ||||
| Cash Flow From Operations | 579.16 M | ||||
| Short Ratio | 3.19 X | ||||
| Earnings Per Share | 5.15 X | ||||
| Target Price | 23.57 | ||||
| Number Of Employees | 1.81 K | ||||
| Beta | 1.99 | ||||
| Market Capitalization | 984.76 M | ||||
| Total Asset | 3.86 B | ||||
| Retained Earnings | 465.86 M | ||||
| Working Capital | 464.89 M | ||||
| Current Asset | 531.75 M | ||||
| Current Liabilities | 365.04 M | ||||
| Net Asset | 3.86 B |
About Par Pacific Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Par Pacific Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Par Pacific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Par Pacific Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Par Pacific
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Par Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Par Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Par Stock
| 0.86 | DINO | HF Sinclair Corp | PairCorr |
| 0.76 | DK | Delek Energy | PairCorr |
| 0.85 | BPT | BP Prudhoe Bay | PairCorr |
| 0.66 | CVI | CVR Energy | PairCorr |
Moving against Par Stock
| 0.68 | EE | Excelerate Energy | PairCorr |
| 0.67 | BDCO | Blue Dolphin Energy Downward Rally | PairCorr |
| 0.63 | REPYY | Repsol SA | PairCorr |
| 0.6 | CAPL | Crossamerica Partners | PairCorr |
| 0.53 | MITSY | Mitsui Company | PairCorr |
The ability to find closely correlated positions to Par Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Par Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Par Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Par Pacific Holdings to buy it.
The correlation of Par Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Par Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Par Pacific Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Par Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Par Stock Analysis
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.