Petrleo Short Term Debt vs Non Current Assets Total Analysis

PBR-A Stock  USD 12.53  0.16  1.29%   
Petrleo Brasileiro financial indicator trend analysis is much more than just breaking down Petrleo Brasileiro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petrleo Brasileiro is a good investment. Please check the relationship between Petrleo Brasileiro Short Term Debt and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Non Current Assets Total

Short Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petrleo Brasileiro Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Petrleo Brasileiro's Short Term Debt and Non Current Assets Total is 0.64. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Petrleo Brasileiro SA, assuming nothing else is changed. The correlation between historical values of Petrleo Brasileiro's Short Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Petrleo Brasileiro SA are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., Petrleo Brasileiro's Short Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Petrleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petrleo Brasileiro 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 Petrleo Brasileiro SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Petrleo Brasileiro's Discontinued Operations 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 4.65, whereas Selling General Administrative is forecasted to decline to about 1.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit40.8B65.0B54.0B36.1B
Total Revenue84.0B124.5B102.4B95.6B

Petrleo Brasileiro fundamental ratios Correlations

0.8-0.020.950.970.980.760.460.960.811.00.470.920.960.510.870.870.970.370.930.980.640.50.850.490.83
0.8-0.320.620.660.850.990.330.680.850.80.350.830.650.50.570.930.67-0.140.90.770.530.540.710.480.54
-0.02-0.320.210.02-0.06-0.35-0.17-0.02-0.11-0.020.31-0.080.020.180.0-0.170.030.38-0.09-0.030.13-0.36-0.390.110.05
0.950.620.210.940.90.570.360.920.720.940.50.850.940.480.840.750.950.570.840.930.740.380.710.480.85
0.970.660.020.940.910.620.520.980.710.960.360.880.990.340.920.730.990.460.810.970.610.350.820.330.89
0.980.85-0.060.90.910.830.480.920.80.980.550.90.890.610.810.930.920.290.970.940.60.580.830.60.76
0.760.99-0.350.570.620.830.370.650.770.770.360.770.610.50.550.920.63-0.210.880.710.480.550.690.480.48
0.460.33-0.170.360.520.480.370.550.110.480.210.280.480.20.50.30.5-0.050.330.39-0.040.230.490.190.41
0.960.68-0.020.920.980.920.650.550.710.960.310.880.990.380.90.740.980.420.820.950.60.410.830.340.88
0.810.85-0.110.720.710.80.770.110.710.790.270.940.730.430.570.840.720.190.850.860.670.420.660.40.66
1.00.8-0.020.940.960.980.770.480.960.790.490.910.950.530.860.880.960.360.940.960.640.520.850.520.81
0.470.350.310.50.360.550.360.210.310.270.490.320.290.680.330.560.390.190.570.360.140.370.30.790.16
0.920.83-0.080.850.880.90.770.280.880.940.910.320.890.390.820.840.880.290.880.970.70.390.740.370.78
0.960.650.020.940.990.890.610.480.990.730.950.290.890.320.910.710.990.470.80.970.650.340.810.30.9
0.510.50.180.480.340.610.50.20.380.430.530.680.390.320.210.710.370.220.690.40.280.80.410.960.06
0.870.570.00.840.920.810.550.50.90.570.860.330.820.910.210.610.90.390.690.870.560.220.670.20.76
0.870.93-0.170.750.730.930.920.30.740.840.880.560.840.710.710.610.750.090.990.820.550.70.780.70.54
0.970.670.030.950.990.920.630.50.980.720.960.390.880.990.370.90.750.490.830.970.590.380.810.340.89
0.37-0.140.380.570.460.29-0.21-0.050.420.190.360.190.290.470.220.390.090.490.210.420.410.210.190.20.44
0.930.9-0.090.840.810.970.880.330.820.850.940.570.880.80.690.690.990.830.210.880.620.660.80.680.64
0.980.77-0.030.930.970.940.710.390.950.860.960.360.970.970.40.870.820.970.420.880.660.410.810.370.86
0.640.530.130.740.610.60.48-0.040.60.670.640.140.70.650.280.560.550.590.410.620.660.20.330.310.62
0.50.54-0.360.380.350.580.550.230.410.420.520.370.390.340.80.220.70.380.210.660.410.20.620.760.09
0.850.71-0.390.710.820.830.690.490.830.660.850.30.740.810.410.670.780.810.190.80.810.330.620.420.68
0.490.480.110.480.330.60.480.190.340.40.520.790.370.30.960.20.70.340.20.680.370.310.760.420.07
0.830.540.050.850.890.760.480.410.880.660.810.160.780.90.060.760.540.890.440.640.860.620.090.680.07
Click cells to compare fundamentals

Petrleo Brasileiro Account Relationship Matchups

Petrleo Brasileiro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets229.7B190.0B174.3B187.2B217.1B206.8B
Short Long Term Debt Total87.1B53.9B35.7B30.0B62.6B66.3B
Other Current Liab5.2B6.6B4.9B10.9B16.2B17.0B
Total Current Liabilities28.8B26.2B24.2B31.4B33.9B27.7B
Total Stockholder Equity73.3B59.3B69.4B69.5B78.6B86.8B
Property Plant And Equipment Net159.3B124.2B125.3B130.2B153.1B137.6B
Net Debt79.7B42.2B25.2B22.0B49.9B52.2B
Retained Earnings31.0B24.5B29.5B24.4B32.8B40.6B
Accounts Payable5.6B6.9B5.5B5.5B4.8B7.3B
Cash7.4B11.7B10.5B8.0B12.7B14.1B
Non Current Assets Total201.9B162.6B144.2B155.9B184.6B167.0B
Non Currrent Assets Other16.2B13.7B13.7B18.8B23.7B12.9B
Cash And Short Term Investments8.3B12.4B11.1B10.8B15.5B17.2B
Net Receivables7.3B7.3B7.7B6.3B7.3B9.9B
Short Term Investments888M659M650M2.8B2.8B2.7B
Liabilities And Stockholders Equity229.7B190.0B174.3B187.2B217.1B206.8B
Non Current Liabilities Total126.7B103.9B80.4B86.0B104.2B91.3B
Inventory8.2B5.7B7.3B8.8B7.7B9.2B
Other Current Assets1.5B2.0B4.1B5.4B1.9B2.3B
Total Liab155.5B130.1B104.5B117.4B138.1B119.0B
Total Current Assets27.8B27.4B30.1B31.3B32.4B39.8B
Accumulated Other Comprehensive Income(33.8B)(47.8B)(37.7B)(37.6B)3.3B3.4B
Short Term Debt10.2B9.9B9.1B9.1B11.5B8.4B
Current Deferred Revenue7.8B7.2B6.9B1.3B1.5B1.4B
Other Stockholder Equity(31.0B)(24.5B)(29.5B)(24.4B)207.6M197.2M
Property Plant And Equipment Gross245.9B124.2B216.4B231.0B1.3T1.4T
Intangible Assets19.4B14.9B3.0B3.0B3.0B2.9B
Good Will203M63M24M22M25.4M24.1M
Other Liab200.7B198.8B30.7B215.5B247.9B131.7B
Net Tangible Assets217.1B230.7B66.4B347.0B399.1B231.9B
Other Assets71.1B104.7B14.3B102.6B1.00.95
Long Term Debt58.8B49.7B32.1B26.4B118.8B76.8B
Long Term Investments5.6B3.3B1.6B3.1B18.3B19.2B
Short Long Term Debt4.5B4.2B3.6B3.6B21.0B25.2B
Property Plant Equipment641.9B645.4B125.3B679.2B781.1B524.6B
Capital Lease Obligations23.9B21.7B23.0B23.8B164.0B172.2B
Non Current Liabilities Other1.4B2.2B2.2B2.0B9.2B9.6B

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Other Information on Investing in Petrleo Stock

Balance Sheet is a snapshot of the financial position of Petrleo Brasileiro at a specified time, usually calculated after every quarter, six months, or one year. Petrleo Brasileiro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Petrleo Brasileiro and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Petrleo currently owns. An asset can also be divided into two categories, current and non-current.