Pembina Other Assets vs Net Receivables Analysis

PBA Stock  USD 36.41  0.34  0.94%   
Pembina Pipeline financial indicator trend analysis is much more than just breaking down Pembina Pipeline Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pembina Pipeline Corp is a good investment. Please check the relationship between Pembina Pipeline Other Assets and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pembina Pipeline Corp. 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 Assets vs Net Receivables

Other Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pembina Pipeline Corp Other Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pembina Pipeline's Other Assets and Net Receivables is 0.83. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Pembina Pipeline Corp, assuming nothing else is changed. The correlation between historical values of Pembina Pipeline's Other Assets and Net Receivables 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 Assets of Pembina Pipeline Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Assets i.e., Pembina Pipeline's Other Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Net Receivables

Most indicators from Pembina Pipeline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pembina Pipeline Corp 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 Pembina Pipeline Corp. 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.
At present, Pembina Pipeline's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.32, whereas Tax Provision is forecasted to decline to about 246.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.6B3.1B2.8B3.0B
Total Revenue8.6B11.6B9.1B9.6B

Pembina Pipeline fundamental ratios Correlations

0.710.860.990.980.98-0.820.880.61.0-0.160.510.940.850.50.990.780.980.990.740.960.94-0.190.850.990.99
0.710.940.680.60.72-0.440.530.330.68-0.070.170.740.380.030.740.960.720.680.690.640.75-0.450.870.710.66
0.860.940.830.790.88-0.70.710.410.84-0.030.280.90.610.120.890.950.880.850.850.80.85-0.340.940.860.83
0.990.680.830.970.95-0.790.890.650.99-0.160.570.930.860.530.970.760.960.980.670.950.95-0.120.790.970.98
0.980.60.790.970.96-0.880.90.520.98-0.180.450.920.890.520.970.680.960.980.690.940.89-0.120.790.970.97
0.980.720.880.950.96-0.860.830.490.98-0.170.410.920.820.441.00.761.00.990.810.940.89-0.290.911.00.96
-0.82-0.44-0.7-0.79-0.88-0.86-0.73-0.3-0.830.13-0.27-0.82-0.85-0.3-0.84-0.53-0.85-0.85-0.79-0.8-0.670.03-0.75-0.84-0.84
0.880.530.710.890.90.83-0.730.490.88-0.050.420.920.840.320.850.660.830.860.520.80.820.030.630.840.89
0.60.330.410.650.520.49-0.30.490.6-0.090.970.480.460.610.540.480.50.550.230.640.70.30.240.540.6
1.00.680.840.990.980.98-0.830.880.6-0.170.520.930.860.520.990.750.981.00.730.960.94-0.190.830.990.99
-0.16-0.07-0.03-0.16-0.18-0.170.13-0.05-0.09-0.17-0.1-0.01-0.08-0.2-0.17-0.02-0.17-0.190.02-0.22-0.10.13-0.1-0.2-0.1
0.510.170.280.570.450.41-0.270.420.970.52-0.10.370.480.640.450.320.420.480.170.580.610.340.120.460.51
0.940.740.90.930.920.92-0.820.920.480.93-0.010.370.820.240.930.850.920.920.730.840.86-0.090.830.910.95
0.850.380.610.860.890.82-0.850.840.460.86-0.080.480.820.450.830.50.820.850.590.810.750.010.620.830.87
0.50.030.120.530.520.44-0.30.320.610.52-0.20.640.240.450.460.040.440.510.110.590.49-0.070.130.480.49
0.990.740.890.970.971.0-0.840.850.540.99-0.170.450.930.830.460.791.01.00.790.960.92-0.260.891.00.98
0.780.960.950.760.680.76-0.530.660.480.75-0.020.320.850.50.040.790.760.730.670.690.81-0.220.830.750.75
0.980.720.880.960.961.0-0.850.830.50.98-0.170.420.920.820.441.00.760.990.810.940.9-0.290.91.00.97
0.990.680.850.980.980.99-0.850.860.551.0-0.190.480.920.850.511.00.730.990.760.960.91-0.240.861.00.98
0.740.690.850.670.690.81-0.790.520.230.730.020.170.730.590.110.790.670.810.760.750.66-0.450.880.780.72
0.960.640.80.950.940.94-0.80.80.640.96-0.220.580.840.810.590.960.690.940.960.750.94-0.240.770.950.93
0.940.750.850.950.890.89-0.670.820.70.94-0.10.610.860.750.490.920.810.90.910.660.94-0.180.770.910.91
-0.19-0.45-0.34-0.12-0.12-0.290.030.030.3-0.190.130.34-0.090.01-0.07-0.26-0.22-0.29-0.24-0.45-0.24-0.18-0.48-0.26-0.13
0.850.870.940.790.790.91-0.750.630.240.83-0.10.120.830.620.130.890.830.90.860.880.770.77-0.480.880.82
0.990.710.860.970.971.0-0.840.840.540.99-0.20.460.910.830.481.00.751.01.00.780.950.91-0.260.880.97
0.990.660.830.980.970.96-0.840.890.60.99-0.10.510.950.870.490.980.750.970.980.720.930.91-0.130.820.97
Click cells to compare fundamentals

Pembina Pipeline Account Relationship Matchups

Pembina Pipeline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.2B31.4B31.5B31.5B32.6B34.2B
Other Current Liab515M530M606M752M1.9B2.0B
Total Current Liabilities1.5B1.8B2.4B2.0B3.2B3.4B
Total Stockholder Equity16.7B15.0B14.3B15.7B15.8B16.6B
Property Plant And Equipment Net19.6B19.2B18.8B16.0B16.3B17.1B
Net Debt10.8B11.6B11.9B11.2B11.0B11.6B
Retained Earnings(1.9B)(3.6B)(3.9B)(2.6B)(2.4B)(2.3B)
Accounts Payable717M434M625M571M555M582.8M
Cash129M81M43M94M137M143.9M
Non Current Assets Total32.2B30.4B30.2B30.1B30.0B31.5B
Non Currrent Assets Other186M188M320M315M612M455.5M
Cash And Short Term Investments129M81M43M94M137M69.6M
Net Receivables667M638M780M696M798M837.9M
Common Stock Shares Outstanding509M514M550M551M554M291.3M
Liabilities And Stockholders Equity33.2B31.4B31.5B31.5B32.6B34.2B
Other Stockholder Equity3.0B2.9B28M341M392.2M372.5M
Total Liab16.4B16.4B17.1B15.7B16.8B17.6B
Total Current Assets987M989M1.2B1.4B2.6B2.8B
Short Long Term Debt Total11.0B11.7B12.0B11.3B11.1B11.7B
Non Current Liabilities Total14.9B14.6B14.7B13.6B13.6B14.3B
Short Term Debt186M699M1.1B679M727M763.4M
Other Liab3.7B3.7B3.8B3.0B3.5B3.7B
Net Tangible Assets7.4B5.7B5.5B7.4B8.5B8.9B
Current Deferred Revenue39M62M71M56M33M31.4M
Other Assets295M510M577M561M645.2M677.4M
Long Term Debt10.1B10.3B10.2B10B9.8B10.3B
Good Will4.7B4.7B4.7B4.6B4.6B4.8B
Common Stock Total Equity13.4B13.7B15.5B15.6B18.0B18.9B
Inventory126M221M376M269M333M349.7M
Other Current Assets65M49M46M321M1.4B1.4B
Long Term Investments6.0B4.4B4.6B7.4B7.0B7.3B
Short Long Term Debt480M74M600M1B650M682.5M
Accumulated Other Comprehensive Income98M2M28M341M221M232.1M
Intangible Assets1.7B1.6B1.5B1.6B1.5B1.6B
Common Stock15.5B15.6B15.7B15.8B15.8B16.6B
Property Plant Equipment19.1B19.2B18.8B16.0B18.4B19.4B
Property Plant And Equipment Gross22.3B19.2B22.7B19.8B20.3B21.3B
Long Term Debt Total7.1B10.8B11.0B10.9B12.5B8.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Pembina Pipeline Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pembina Pipeline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pembina Pipeline Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pembina Pipeline Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pembina Pipeline Corp. 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.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Oil & Gas Storage & Transportation space 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 Pembina Pipeline. If investors know Pembina 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 Pembina Pipeline 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
0.047
Dividend Share
2.713
Earnings Share
2.3
Revenue Per Share
17.467
Quarterly Revenue Growth
0.267
The market value of Pembina Pipeline Corp is measured differently than its book value, which is the value of Pembina that is recorded on the company's balance sheet. Investors also form their own opinion of Pembina Pipeline's value that differs from its market value or its book value, called intrinsic value, which is Pembina Pipeline's 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 Pembina Pipeline's market value can be influenced by many factors that don't directly affect Pembina Pipeline's 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 Pembina Pipeline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pembina Pipeline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pembina Pipeline's 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.