PetroTal Book Value Per Share vs Average Payables Analysis

TAL Stock

0.67 0.01 1.47%

PetroTal Corp financial indicator trend analysis is much more than just breaking down PetroTal Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PetroTal Corp is a good investment. Please check the relationship between PetroTal Corp Book Value Per Share and its Average Payables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in PetroTal 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 producer price index.

Book Value Per Share vs Average Payables

Book Value Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PetroTal Corp Book Value Per Share account and Average Payables. At this time, the significance of the direction appears to have almost no relationship.

The correlation between PetroTal Corp's Book Value Per Share and Average Payables is 0.1. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of PetroTal Corp, assuming nothing else is changed. The correlation between historical values of PetroTal Corp's Book Value Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of PetroTal Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Book Value Per Share i.e., PetroTal Corp's Book Value Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from PetroTal Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PetroTal 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 World Market Map to better understand how to build diversified portfolios, which includes a position in PetroTal 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 producer price index.

At this time, PetroTal Corp's Selling General Administrative is very stable compared to the past year. As of the 17th of August 2025, Tax Provision is likely to grow to about 41.9 M, while Issuance Of Capital Stock is likely to drop about 72.7 M.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	53.7M	28.0M	81.9M	86.0M
Cost Of Revenue	53.6M	78.2M	107.1M	112.5M

Total Operating Expenses Cost Of Revenue

PetroTal Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Inventory	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Short Term Debt	Other Assets	Long Term Debt
Total Assets		0.61	0.6	0.96	0.96	0.54	0.95	0.7	0.73	0.41	0.41	0.59	0.92	0.72	0.29	0.16	0.58	0.68	0.68	0.54	0.51	-0.59	0.81	0.18	0.62	0.41
Other Current Liab	0.61		0.36	0.68	0.49	0.75	0.45	0.77	0.71	0.74	0.52	0.0	0.42	0.74	-0.27	-0.41	0.42	0.69	0.69	0.55	-0.13	-0.23	0.3	-0.19	0.91	0.01
Total Current Liabilities	0.6	0.36		0.45	0.64	0.18	0.59	0.23	0.43	0.18	0.34	0.54	0.73	0.38	0.2	0.36	0.52	0.26	0.26	0.35	0.53	-0.33	0.2	0.65	0.24	0.31
Total Stockholder Equity	0.96	0.68	0.45		0.88	0.65	0.87	0.81	0.81	0.51	0.42	0.5	0.77	0.8	0.2	-0.07	0.57	0.78	0.78	0.55	0.29	-0.57	0.73	0.04	0.71	0.3
Property Plant And Equipment Net	0.96	0.49	0.64	0.88		0.36	0.97	0.58	0.58	0.25	0.31	0.73	0.95	0.56	0.43	0.33	0.6	0.53	0.53	0.48	0.62	-0.59	0.81	0.3	0.53	0.46
Retained Earnings	0.54	0.75	0.18	0.65	0.36		0.29	0.87	0.86	0.81	0.53	-0.21	0.3	0.89	-0.61	-0.62	0.53	0.87	0.87	0.63	-0.29	-0.12	0.27	-0.36	0.76	-0.08
Non Current Assets Total	0.95	0.45	0.59	0.87	0.97	0.29		0.51	0.52	0.17	0.24	0.74	0.94	0.48	0.51	0.39	0.48	0.45	0.45	0.36	0.66	-0.59	0.85	0.29	0.48	0.46
Non Currrent Assets Other	0.7	0.77	0.23	0.81	0.58	0.87	0.51		0.84	0.64	0.42	0.11	0.44	0.88	-0.27	-0.52	0.5	0.94	0.94	0.6	-0.14	-0.32	0.44	-0.14	0.86	0.05
Net Receivables	0.73	0.71	0.43	0.81	0.58	0.86	0.52	0.84		0.72	0.39	0.1	0.51	0.94	-0.26	-0.41	0.58	0.9	0.9	0.55	-0.03	-0.32	0.37	-0.11	0.68	-0.02
Common Stock Shares Outstanding	0.41	0.74	0.18	0.51	0.25	0.81	0.17	0.64	0.72		0.62	-0.3	0.19	0.78	-0.49	-0.6	0.53	0.68	0.68	0.69	-0.36	-0.01	0.12	-0.43	0.6	-0.12
Other Current Assets	0.41	0.52	0.34	0.42	0.31	0.53	0.24	0.42	0.39	0.62		0.0	0.34	0.64	-0.25	-0.13	0.49	0.49	0.49	0.89	0.09	-0.41	0.2	-0.02	0.36	0.52
Other Stockholder Equity	0.59	0.0	0.54	0.5	0.73	-0.21	0.74	0.11	0.1	-0.3	0.0		0.65	0.04	0.79	0.57	0.3	0.02	0.02	0.07	0.66	-0.62	0.46	0.64	0.12	0.53
Total Liab	0.92	0.42	0.73	0.77	0.95	0.3	0.94	0.44	0.51	0.19	0.34	0.65		0.51	0.38	0.48	0.51	0.45	0.45	0.45	0.76	-0.54	0.81	0.37	0.39	0.51
Total Current Assets	0.72	0.74	0.38	0.8	0.56	0.89	0.48	0.88	0.94	0.78	0.64	0.04	0.51		-0.32	-0.42	0.59	0.96	0.96	0.76	-0.02	-0.36	0.4	-0.13	0.69	0.13
Common Stock	0.29	-0.27	0.2	0.2	0.43	-0.61	0.51	-0.27	-0.26	-0.49	-0.25	0.79	0.38	-0.32		0.68	-0.11	-0.31	-0.31	-0.26	0.62	-0.44	0.37	0.49	-0.23	0.41
Net Debt	0.16	-0.41	0.36	-0.07	0.33	-0.62	0.39	-0.52	-0.41	-0.6	-0.13	0.57	0.48	-0.42	0.68		-0.07	-0.48	-0.48	-0.17	0.91	-0.28	0.39	0.55	-0.47	0.51
Accounts Payable	0.58	0.42	0.52	0.57	0.6	0.53	0.48	0.5	0.58	0.53	0.49	0.3	0.51	0.59	-0.11	-0.07		0.49	0.49	0.72	0.15	-0.16	0.29	0.12	0.37	0.11
Cash	0.68	0.69	0.26	0.78	0.53	0.87	0.45	0.94	0.9	0.68	0.49	0.02	0.45	0.96	-0.31	-0.48	0.49		1.0	0.66	-0.06	-0.29	0.42	-0.14	0.71	0.04
Cash And Short Term Investments	0.68	0.69	0.26	0.78	0.53	0.87	0.45	0.94	0.9	0.68	0.49	0.02	0.45	0.96	-0.31	-0.48	0.49	1.0		0.66	-0.06	-0.29	0.42	-0.14	0.71	0.04
Inventory	0.54	0.55	0.35	0.55	0.48	0.63	0.36	0.6	0.55	0.69	0.89	0.07	0.45	0.76	-0.26	-0.17	0.72	0.66	0.66		0.12	-0.37	0.35	-0.03	0.43	0.43
Short Long Term Debt Total	0.51	-0.13	0.53	0.29	0.62	-0.29	0.66	-0.14	-0.03	-0.36	0.09	0.66	0.76	-0.02	0.62	0.91	0.15	-0.06	-0.06	0.12		-0.45	0.64	0.56	-0.19	0.6
Current Deferred Revenue	-0.59	-0.23	-0.33	-0.57	-0.59	-0.12	-0.59	-0.32	-0.32	-0.01	-0.41	-0.62	-0.54	-0.36	-0.44	-0.28	-0.16	-0.29	-0.29	-0.37	-0.45		-0.49	-0.31	-0.28	-0.84
Non Current Liabilities Total	0.81	0.3	0.2	0.73	0.81	0.27	0.85	0.44	0.37	0.12	0.2	0.46	0.81	0.4	0.37	0.39	0.29	0.42	0.42	0.35	0.64	-0.49		-0.03	0.36	0.47
Short Term Debt	0.18	-0.19	0.65	0.04	0.3	-0.36	0.29	-0.14	-0.11	-0.43	-0.02	0.64	0.37	-0.13	0.49	0.55	0.12	-0.14	-0.14	-0.03	0.56	-0.31	-0.03		-0.23	0.38
Other Assets	0.62	0.91	0.24	0.71	0.53	0.76	0.48	0.86	0.68	0.6	0.36	0.12	0.39	0.69	-0.23	-0.47	0.37	0.71	0.71	0.43	-0.19	-0.28	0.36	-0.23		0.01
Long Term Debt	0.41	0.01	0.31	0.3	0.46	-0.08	0.46	0.05	-0.02	-0.12	0.52	0.53	0.51	0.13	0.41	0.51	0.11	0.04	0.04	0.43	0.6	-0.84	0.47	0.38	0.01

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PetroTal Corp Account Relationship Matchups

PetroTal Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	215.1M	398.3M	602.9M	658.3M	810.5M	851.0M
Other Current Liab	26.6M	29.5M	35.0M	110.8M	55.8M	58.5M
Total Current Liabilities	58.6M	84.8M	123.4M	81.5M	135.2M	141.9M
Total Stockholder Equity	137.2M	204.3M	399.3M	461.6M	511.5M	537.1M
Property Plant And Equipment Net	174.4M	257.9M	319.3M	408.5M	547.4M	574.8M
Retained Earnings	10.4M	74.3M	262.9M	313.4M	361.0M	379.0M
Non Current Assets Total	178.7M	266.2M	339.7M	455.1M	584.3M	613.5M
Non Currrent Assets Other	3.6M	7.7M	19.4M	33.5M	34.9M	36.7M
Net Receivables	12.1M	3.8M	105.6M	68.3M	88.9M	93.3M
Common Stock Shares Outstanding	749.9M	857.7M	906.7M	920.9M	935.7M	982.5M
Liabilities And Stockholders Equity	215.1M	398.3M	602.9M	658.3M	810.5M	851.0M
Other Current Assets	7.6M	61.1M	27.2M	31.5M	21.0M	22.0M
Other Stockholder Equity	1.5M	3.2M	6.3M	9.9M	11.3M	21.0M
Total Liab	78.0M	194.0M	203.5M	194.3M	299.0M	313.9M
Total Current Assets	36.5M	132.1M	263.1M	203.2M	226.2M	237.5M
Common Stock	125.3M	126.7M	130.2M	140.7M	139.2M	176.2M
Net Debt	(5.7M)	70.9M	(3.3M)	(61.7M)	(38.1M)	(36.2M)
Accounts Payable	31.2M	26.9M	32.2M	25.0M	39.2M	41.2M
Cash	9.1M	44.9M	104.3M	90.6M	102.8M	107.9M
Cash And Short Term Investments	9.1M	44.9M	104.3M	90.6M	102.8M	107.9M
Inventory	7.7M	22.3M	13.8M	12.8M	13.6M	14.2M
Short Long Term Debt Total	3.4M	115.9M	101.1M	28.9M	64.7M	68.4M
Non Current Liabilities Total	19.4M	109.3M	80.2M	112.8M	163.8M	172.0M
Short Term Debt	897K	28.3M	56.2M	4.6M	20.5M	28.0M
Long Term Debt Total	2.5M	87.5M	44.9M	24.3M	44.2M	30.1M
Capital Surpluse	1.5M	3.2M	6.3M	9.9M	11.3M	6.4M
Property Plant Equipment	174.4M	257.9M	319.3M	408.5M	547.4M	574.8M

Pair Trading with PetroTal Corp

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 PetroTal Corp 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 PetroTal Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against PetroTal Stock

0.43

SAGE

Sage Potash Corp

Pair Corr

The ability to find closely correlated positions to PetroTal Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetroTal Corp 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 PetroTal Corp - 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 PetroTal Corp to buy it.

The correlation of PetroTal Corp 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 PetroTal Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetroTal Corp 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 PetroTal Corp 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.

Pair Correlation Correlation Matching

Other Information on Investing in PetroTal Stock

Balance Sheet is a snapshot of the financial position of PetroTal Corp at a specified time, usually calculated after every quarter, six months, or one year. PetroTal Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PetroTal Corp 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 PetroTal currently owns. An asset can also be divided into two categories, current and non-current.

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PetroTal Book Value Per Share vs Average Payables Analysis

Book Value Per Share vs Average Payables

Book Value Per Share vs Average Payables Correlation Analysis

Correlation Coefficient

Book Value Per Share

Average Payables

PetroTal Corp fundamental ratios Correlations

PetroTal Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PetroTal Corp fundamental ratios Accounts

Pair Trading with PetroTal Corp

Moving against PetroTal Stock

Other Information on Investing in PetroTal Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.96	Total Assets
Property Plant And Equipment Net	+ 0.96	Total Assets
Cash	+ 0.96	Total Current Assets
Cash And Short Term Investments	+ 0.96	Total Current Assets

Long Term Debt	- 0.84	Current Deferred Revenue
Current Deferred Revenue	- 0.62	Other Stockholder Equity
Net Debt	- 0.62	Retained Earnings
Common Stock	- 0.61	Retained Earnings
Net Debt	- 0.6	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.59	Non Current Assets Total