PBF Non Current Liabilities Total vs Accounts Payable Analysis

PBF Stock  USD 31.39  0.18  0.57%   
PBF Energy financial indicator trend analysis is much more than just breaking down PBF Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PBF Energy is a good investment. Please check the relationship between PBF Energy Non Current Liabilities Total and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PBF Energy. 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.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PBF Energy Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between PBF Energy's Non Current Liabilities Total and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of PBF Energy, assuming nothing else is changed. The correlation between historical values of PBF Energy's Non Current Liabilities Total 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 Non Current Liabilities Total of PBF Energy 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 Non Current Liabilities Total i.e., PBF Energy's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents PBF Energy 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 PBF Energy 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 PBF Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PBF Energy 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 PBF Energy. 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.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.At this time, PBF Energy's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Income309M248M285.2M214.8M
Tax Provision12.1M584.8M997.5M1.0B

PBF Energy fundamental ratios Correlations

0.940.750.980.380.410.930.860.990.810.84-0.540.850.820.650.870.960.980.98-0.290.660.940.68-0.340.740.55
0.940.720.890.210.460.940.810.890.740.79-0.510.710.650.590.750.880.940.97-0.160.510.990.64-0.190.540.36
0.750.720.68-0.120.850.720.810.730.840.8-0.390.60.450.860.640.620.710.76-0.240.280.750.94-0.370.490.17
0.980.890.680.530.290.860.850.990.810.82-0.50.850.890.590.910.980.980.93-0.290.770.90.58-0.350.810.68
0.380.21-0.120.53-0.540.260.220.470.230.21-0.290.420.80.030.530.590.410.25-0.110.870.21-0.24-0.230.610.94
0.410.460.850.29-0.540.430.580.350.620.56-0.110.230.00.770.180.220.380.47-0.08-0.150.490.82-0.040.1-0.27
0.930.940.720.860.260.430.710.880.710.69-0.540.750.660.630.750.860.910.95-0.240.490.930.64-0.250.510.4
0.860.810.810.850.220.580.710.850.90.99-0.330.720.730.780.720.840.870.84-0.330.630.840.77-0.310.650.5
0.990.890.730.990.470.350.880.850.820.83-0.510.860.870.640.90.970.970.94-0.320.730.90.64-0.390.820.63
0.810.740.840.810.230.620.710.90.820.88-0.340.640.690.820.730.790.820.78-0.240.60.770.75-0.30.650.48
0.840.790.80.820.210.560.690.990.830.88-0.350.710.730.770.710.830.840.83-0.340.630.820.78-0.340.650.49
-0.54-0.51-0.39-0.5-0.29-0.11-0.54-0.33-0.51-0.34-0.35-0.51-0.45-0.34-0.53-0.53-0.43-0.55-0.07-0.35-0.45-0.380.01-0.44-0.34
0.850.710.60.850.420.230.750.720.860.640.71-0.510.780.440.860.820.80.81-0.530.630.710.6-0.320.740.59
0.820.650.450.890.80.00.660.730.870.690.73-0.450.780.510.840.930.820.72-0.320.950.660.36-0.410.850.92
0.650.590.860.590.030.770.630.780.640.820.77-0.340.440.510.450.60.640.66-0.130.390.620.81-0.230.460.31
0.870.750.640.910.530.180.750.720.90.730.71-0.530.860.840.450.880.830.81-0.270.720.760.57-0.510.780.67
0.960.880.620.980.590.220.860.840.970.790.83-0.530.820.930.60.880.970.92-0.270.830.890.53-0.350.790.74
0.980.940.710.980.410.380.910.870.970.820.84-0.430.80.820.640.830.970.96-0.270.690.960.61-0.30.710.57
0.980.970.760.930.250.470.950.840.940.780.83-0.550.810.720.660.810.920.96-0.250.550.970.71-0.280.620.43
-0.29-0.16-0.24-0.29-0.11-0.08-0.24-0.33-0.32-0.24-0.34-0.07-0.53-0.32-0.13-0.27-0.27-0.27-0.25-0.27-0.18-0.370.55-0.39-0.24
0.660.510.280.770.87-0.150.490.630.730.60.63-0.350.630.950.390.720.830.690.55-0.270.520.2-0.370.810.95
0.940.990.750.90.210.490.930.840.90.770.82-0.450.710.660.620.760.890.960.97-0.180.520.67-0.260.560.38
0.680.640.940.58-0.240.820.640.770.640.750.78-0.380.60.360.810.570.530.610.71-0.370.20.67-0.430.460.07
-0.34-0.19-0.37-0.35-0.23-0.04-0.25-0.31-0.39-0.3-0.340.01-0.32-0.41-0.23-0.51-0.35-0.3-0.280.55-0.37-0.26-0.43-0.46-0.34
0.740.540.490.810.610.10.510.650.820.650.65-0.440.740.850.460.780.790.710.62-0.390.810.560.46-0.460.72
0.550.360.170.680.94-0.270.40.50.630.480.49-0.340.590.920.310.670.740.570.43-0.240.950.380.07-0.340.72
Click cells to compare fundamentals

PBF Energy Account Relationship Matchups

PBF Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B10.5B11.6B13.5B14.4B7.9B
Total Current Liabilities2.5B2.5B3.8B5.2B4.2B2.4B
Total Stockholder Equity3.6B2.2B2.5B5.1B6.5B6.8B
Property Plant And Equipment Net4.4B5.8B5.6B6.0B5.8B3.5B
Net Debt1.6B4.0B3.7B438.3M260.7M247.7M
Retained Earnings401.2M(1.0B)(796.1M)2.1B4.1B4.3B
Accounts Payable601.4M407M911.7M854.6M959M518.6M
Cash814.9M1.6B1.3B2.2B1.8B1.9B
Non Current Assets Total5.3B6.6B6.4B7.0B7.8B4.3B
Non Currrent Assets Other930.6M862.1M813.3M962.7M1.1B1.2B
Cash And Short Term Investments814.9M1.6B1.3B2.2B1.8B1.9B
Common Stock Shares Outstanding121.9M120.7M122.6M126.9M130.5M96.7M
Liabilities And Stockholders Equity9.1B10.5B11.6B13.5B14.4B7.9B
Non Current Liabilities Total3.0B5.8B5.3B3.3B3.5B2.7B
Other Current Assets51.6M117.6M150M122.8M267.5M280.9M
Other Stockholder Equity3.2B2.7B2.7B2.9B2.4B1.9B
Total Liab5.5B8.3B9.1B8.5B7.8B5.2B
Property Plant And Equipment Gross4.4B5.8B7.1B7.7B7.7B3.9B
Total Current Assets3.8B3.9B5.2B6.5B6.6B3.6B
Accumulated Other Comprehensive Income(8.3M)(9.1M)17.3M(1.5M)(12.3M)(12.9M)
Short Long Term Debt Total2.4B5.6B5.0B2.6B2.0B2.4B
Other Current Liab1.8B1.8B2.6B3.6B3.0B1.9B
Other Liab721.3M368.1M412.1M1.2B1.4B1.5B
Current Deferred Revenue21.9M51.2M46.2M40.6M64.1M49.8M
Other Assets930.6M1.8B813.3M953.6M1.1B795.9M
Long Term Debt2.1B4.7B4.3B1.4B1.2B2.0B
Net Receivables835M512.9M1.3B1.5B1.4B801.0M
Inventory2.1B1.7B2.5B2.8B3.2B2.0B
Short Term Debt78.6M100.2M76M596.4M143.4M254.7M
Intangible Assets24.3M10.1M9.6M236.2M216.4M227.2M
Property Plant Equipment4.0B4.8B4.9B5.4B6.2B3.4B
Net Tangible Assets3.0B1.6B1.7B4.9B5.7B6.0B
Noncontrolling Interest In Consolidated Entity545.9M559.5M606.6M126.8M114.1M108.4M
Retained Earnings Total Equity401.2M(1.0B)(796.1M)2.1B2.4B2.5B
Long Term Debt Total2.1B4.7B4.3B1.4B1.7B2.5B
Capital Surpluse2.8B2.8B2.9B3.2B3.7B2.5B

Currently Active Assets on Macroaxis

When determining whether PBF Energy is a strong investment it is important to analyze PBF Energy's 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 PBF Energy's future performance. For an informed investment choice regarding PBF Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PBF Energy. 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.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil & Gas Refining & Marketing 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 PBF Energy. If investors know PBF 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 PBF Energy 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
(0.70)
Dividend Share
1
Earnings Share
(2.34)
Revenue Per Share
295.208
Quarterly Revenue Growth
(0.22)
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF Energy'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 PBF Energy's market value can be influenced by many factors that don't directly affect PBF Energy'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 PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF Energy'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.