PetroTal Inventory vs Total Liab 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 Inventory and its Total Liab 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.

Inventory vs Total Liab

Inventory vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PetroTal Corp Inventory account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PetroTal Corp's Inventory and Total Liab is 0.45. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab 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 Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of PetroTal Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., PetroTal Corp's Inventory and Total Liab go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 18th 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 Expenses53.7M28.0M81.9M86.0M
Cost Of Revenue53.6M78.2M107.1M112.5M

PetroTal Corp fundamental ratios Correlations

0.610.60.960.960.540.950.70.730.410.410.590.920.720.290.160.580.680.680.540.51-0.590.810.180.620.41
0.610.360.680.490.750.450.770.710.740.520.00.420.74-0.27-0.410.420.690.690.55-0.13-0.230.3-0.190.910.01
0.60.360.450.640.180.590.230.430.180.340.540.730.380.20.360.520.260.260.350.53-0.330.20.650.240.31
0.960.680.450.880.650.870.810.810.510.420.50.770.80.2-0.070.570.780.780.550.29-0.570.730.040.710.3
0.960.490.640.880.360.970.580.580.250.310.730.950.560.430.330.60.530.530.480.62-0.590.810.30.530.46
0.540.750.180.650.360.290.870.860.810.53-0.210.30.89-0.61-0.620.530.870.870.63-0.29-0.120.27-0.360.76-0.08
0.950.450.590.870.970.290.510.520.170.240.740.940.480.510.390.480.450.450.360.66-0.590.850.290.480.46
0.70.770.230.810.580.870.510.840.640.420.110.440.88-0.27-0.520.50.940.940.6-0.14-0.320.44-0.140.860.05
0.730.710.430.810.580.860.520.840.720.390.10.510.94-0.26-0.410.580.90.90.55-0.03-0.320.37-0.110.68-0.02
0.410.740.180.510.250.810.170.640.720.62-0.30.190.78-0.49-0.60.530.680.680.69-0.36-0.010.12-0.430.6-0.12
0.410.520.340.420.310.530.240.420.390.620.00.340.64-0.25-0.130.490.490.490.890.09-0.410.2-0.020.360.52
0.590.00.540.50.73-0.210.740.110.1-0.30.00.650.040.790.570.30.020.020.070.66-0.620.460.640.120.53
0.920.420.730.770.950.30.940.440.510.190.340.650.510.380.480.510.450.450.450.76-0.540.810.370.390.51
0.720.740.380.80.560.890.480.880.940.780.640.040.51-0.32-0.420.590.960.960.76-0.02-0.360.4-0.130.690.13
0.29-0.270.20.20.43-0.610.51-0.27-0.26-0.49-0.250.790.38-0.320.68-0.11-0.31-0.31-0.260.62-0.440.370.49-0.230.41
0.16-0.410.36-0.070.33-0.620.39-0.52-0.41-0.6-0.130.570.48-0.420.68-0.07-0.48-0.48-0.170.91-0.280.390.55-0.470.51
0.580.420.520.570.60.530.480.50.580.530.490.30.510.59-0.11-0.070.490.490.720.15-0.160.290.120.370.11
0.680.690.260.780.530.870.450.940.90.680.490.020.450.96-0.31-0.480.491.00.66-0.06-0.290.42-0.140.710.04
0.680.690.260.780.530.870.450.940.90.680.490.020.450.96-0.31-0.480.491.00.66-0.06-0.290.42-0.140.710.04
0.540.550.350.550.480.630.360.60.550.690.890.070.450.76-0.26-0.170.720.660.660.12-0.370.35-0.030.430.43
0.51-0.130.530.290.62-0.290.66-0.14-0.03-0.360.090.660.76-0.020.620.910.15-0.06-0.060.12-0.450.640.56-0.190.6
-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
0.810.30.20.730.810.270.850.440.370.120.20.460.810.40.370.390.290.420.420.350.64-0.49-0.030.360.47
0.18-0.190.650.040.3-0.360.29-0.14-0.11-0.43-0.020.640.37-0.130.490.550.12-0.14-0.14-0.030.56-0.31-0.03-0.230.38
0.620.910.240.710.530.760.480.860.680.60.360.120.390.69-0.23-0.470.370.710.710.43-0.19-0.280.36-0.230.01
0.410.010.310.30.46-0.080.460.05-0.02-0.120.520.530.510.130.410.510.110.040.040.430.6-0.840.470.380.01
Click cells to compare fundamentals

PetroTal Corp Account Relationship Matchups

PetroTal Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets215.1M398.3M602.9M658.3M810.5M851.0M
Other Current Liab26.6M29.5M35.0M110.8M55.8M58.5M
Total Current Liabilities58.6M84.8M123.4M81.5M135.2M141.9M
Total Stockholder Equity137.2M204.3M399.3M461.6M511.5M537.1M
Property Plant And Equipment Net174.4M257.9M319.3M408.5M547.4M574.8M
Retained Earnings10.4M74.3M262.9M313.4M361.0M379.0M
Non Current Assets Total178.7M266.2M339.7M455.1M584.3M613.5M
Non Currrent Assets Other3.6M7.7M19.4M33.5M34.9M36.7M
Net Receivables12.1M3.8M105.6M68.3M88.9M93.3M
Common Stock Shares Outstanding749.9M857.7M906.7M920.9M935.7M982.5M
Liabilities And Stockholders Equity215.1M398.3M602.9M658.3M810.5M851.0M
Other Current Assets7.6M61.1M27.2M31.5M21.0M22.0M
Other Stockholder Equity1.5M3.2M6.3M9.9M11.3M21.0M
Total Liab78.0M194.0M203.5M194.3M299.0M313.9M
Total Current Assets36.5M132.1M263.1M203.2M226.2M237.5M
Common Stock125.3M126.7M130.2M140.7M139.2M176.2M
Net Debt(5.7M)70.9M(3.3M)(61.7M)(38.1M)(36.2M)
Accounts Payable31.2M26.9M32.2M25.0M39.2M41.2M
Cash9.1M44.9M104.3M90.6M102.8M107.9M
Cash And Short Term Investments9.1M44.9M104.3M90.6M102.8M107.9M
Inventory7.7M22.3M13.8M12.8M13.6M14.2M
Short Long Term Debt Total3.4M115.9M101.1M28.9M64.7M68.4M
Non Current Liabilities Total19.4M109.3M80.2M112.8M163.8M172.0M
Short Term Debt897K28.3M56.2M4.6M20.5M28.0M
Long Term Debt Total2.5M87.5M44.9M24.3M44.2M30.1M
Capital Surpluse1.5M3.2M6.3M9.9M11.3M6.4M
Property Plant Equipment174.4M257.9M319.3M408.5M547.4M574.8M

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 together with PetroTal Stock

  0.71ENB-PFV Enbridge Pref 5PairCorr
  0.78ENB-PFC Enbridge Pref 11PairCorr
  0.78ENB-PFU Enbridge Pref LPairCorr

Moving against PetroTal Stock

  0.41SAGE Sage Potash CorpPairCorr
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 CorrelationCorrelation 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.