Pembina Total Assets vs Common Stock Shares Outstanding 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 Total Assets and its Common Stock Shares Outstanding 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.
Total Assets vs Common Stock Shares Outstanding
Total Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pembina Pipeline Corp Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pembina Pipeline's Total Assets and Common Stock Shares Outstanding is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Pembina Pipeline Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Pembina Pipeline's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Pembina Pipeline 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 Pembina Pipeline Corp 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 Profit | 2.6B | 3.1B | 2.8B | 3.0B | Total Revenue | 8.6B | 11.6B | 9.1B | 9.6B |
Pembina Pipeline fundamental ratios Correlations
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Pembina Pipeline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pembina Pipeline fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.2B | 31.4B | 31.5B | 31.5B | 32.6B | 34.2B | |
Other Current Liab | 515M | 530M | 606M | 752M | 1.9B | 2.0B | |
Total Current Liabilities | 1.5B | 1.8B | 2.4B | 2.0B | 3.2B | 3.4B | |
Total Stockholder Equity | 16.7B | 15.0B | 14.3B | 15.7B | 15.8B | 16.6B | |
Property Plant And Equipment Net | 19.6B | 19.2B | 18.8B | 16.0B | 16.3B | 17.1B | |
Net Debt | 10.8B | 11.6B | 11.9B | 11.2B | 11.0B | 11.6B | |
Retained Earnings | (1.9B) | (3.6B) | (3.9B) | (2.6B) | (2.4B) | (2.3B) | |
Accounts Payable | 717M | 434M | 625M | 571M | 555M | 582.8M | |
Cash | 129M | 81M | 43M | 94M | 137M | 143.9M | |
Non Current Assets Total | 32.2B | 30.4B | 30.2B | 30.1B | 30.0B | 31.5B | |
Non Currrent Assets Other | 186M | 188M | 320M | 315M | 612M | 455.5M | |
Cash And Short Term Investments | 129M | 81M | 43M | 94M | 137M | 69.6M | |
Net Receivables | 667M | 638M | 780M | 696M | 798M | 837.9M | |
Common Stock Shares Outstanding | 509M | 514M | 550M | 551M | 554M | 291.3M | |
Liabilities And Stockholders Equity | 33.2B | 31.4B | 31.5B | 31.5B | 32.6B | 34.2B | |
Other Stockholder Equity | 3.0B | 2.9B | 28M | 341M | 392.2M | 372.5M | |
Total Liab | 16.4B | 16.4B | 17.1B | 15.7B | 16.8B | 17.6B | |
Total Current Assets | 987M | 989M | 1.2B | 1.4B | 2.6B | 2.8B | |
Short Long Term Debt Total | 11.0B | 11.7B | 12.0B | 11.3B | 11.1B | 11.7B | |
Non Current Liabilities Total | 14.9B | 14.6B | 14.7B | 13.6B | 13.6B | 14.3B | |
Short Term Debt | 186M | 699M | 1.1B | 679M | 727M | 763.4M | |
Other Liab | 3.7B | 3.7B | 3.8B | 3.0B | 3.5B | 3.7B | |
Net Tangible Assets | 7.4B | 5.7B | 5.5B | 7.4B | 8.5B | 8.9B | |
Current Deferred Revenue | 39M | 62M | 71M | 56M | 33M | 31.4M | |
Other Assets | 295M | 510M | 577M | 561M | 645.2M | 677.4M | |
Long Term Debt | 10.1B | 10.3B | 10.2B | 10B | 9.8B | 10.3B | |
Good Will | 4.7B | 4.7B | 4.7B | 4.6B | 4.6B | 4.8B | |
Common Stock Total Equity | 13.4B | 13.7B | 15.5B | 15.6B | 18.0B | 18.9B | |
Inventory | 126M | 221M | 376M | 269M | 333M | 349.7M | |
Other Current Assets | 65M | 49M | 46M | 321M | 1.4B | 1.4B | |
Long Term Investments | 6.0B | 4.4B | 4.6B | 7.4B | 7.0B | 7.3B | |
Short Long Term Debt | 480M | 74M | 600M | 1B | 650M | 682.5M | |
Accumulated Other Comprehensive Income | 98M | 2M | 28M | 341M | 221M | 232.1M | |
Intangible Assets | 1.7B | 1.6B | 1.5B | 1.6B | 1.5B | 1.6B | |
Common Stock | 15.5B | 15.6B | 15.7B | 15.8B | 15.8B | 16.6B | |
Property Plant Equipment | 19.1B | 19.2B | 18.8B | 16.0B | 18.4B | 19.4B | |
Property Plant And Equipment Gross | 22.3B | 19.2B | 22.7B | 19.8B | 20.3B | 21.3B | |
Long Term Debt Total | 7.1B | 10.8B | 11.0B | 10.9B | 12.5B | 8.6B |
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.