PEDEVCO Net Debt vs Retained Earnings Analysis

PED Stock

USD 0.84 0.01 1.18%

PEDEVCO Corp financial indicator trend analysis is much more than just breaking down PEDEVCO Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PEDEVCO Corp is a good investment. Please check the relationship between PEDEVCO Corp Net Debt and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO 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 income.

For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEDEVCO Corp Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.

The correlation between PEDEVCO Corp's Net Debt and Retained Earnings is 0.05. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of PEDEVCO Corp, assuming nothing else is changed. The correlation between historical values of PEDEVCO Corp's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of PEDEVCO Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., PEDEVCO Corp's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from PEDEVCO Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PEDEVCO 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 PEDEVCO 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 income.

For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.The current year's Enterprise Value is expected to grow to about 76.7 M, whereas Selling General Administrative is forecasted to decline to about 5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1K	214K	246.1K	233.8K
Depreciation And Amortization	7.5M	11.3M	11.0M	11.5M

Interest Expense Depreciation And Amortization

PEDEVCO Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Net Receivables	Intangible Assets	Other Current Assets
Total Assets		-0.22	0.71	0.58	0.88	0.98	-0.45	-0.72	0.84	0.99	-0.3	0.84	-0.2	0.87	-0.15	0.93	0.03	0.87	0.89	-0.4	-0.18	-0.63	0.56	0.83	-0.42	0.03
Short Long Term Debt Total	-0.22		-0.28	-0.22	-0.65	-0.09	0.96	-0.16	-0.53	-0.12	0.04	-0.53	-0.39	-0.53	0.99	-0.22	0.95	-0.27	-0.5	0.06	-0.4	-0.21	-0.18	-0.4	-0.18	0.43
Other Current Liab	0.71	-0.28		0.73	0.64	0.64	-0.45	-0.47	0.69	0.66	-0.13	0.69	-0.13	0.71	-0.23	0.64	-0.01	0.67	0.74	-0.2	-0.1	-0.4	0.32	0.74	-0.28	-0.03
Total Current Liabilities	0.58	-0.22	0.73		0.5	0.47	-0.36	-0.18	0.58	0.53	0.43	0.58	-0.31	0.43	-0.25	0.4	0.05	0.49	0.65	0.33	-0.29	-0.24	0.76	0.68	-0.38	0.18
Total Stockholder Equity	0.88	-0.65	0.64	0.5		0.81	-0.8	-0.51	0.9	0.83	-0.28	0.9	0.04	0.93	-0.58	0.84	-0.44	0.8	0.92	-0.37	0.06	-0.4	0.48	0.81	-0.24	-0.19
Property Plant And Equipment Net	0.98	-0.09	0.64	0.47	0.81		-0.31	-0.77	0.71	1.0	-0.42	0.71	-0.21	0.81	0.0	0.92	0.15	0.85	0.77	-0.51	-0.19	-0.7	0.49	0.79	-0.41	0.07
Net Debt	-0.45	0.96	-0.45	-0.36	-0.8	-0.31		0.05	-0.75	-0.34	0.08	-0.75	-0.29	-0.7	0.93	-0.44	0.85	-0.44	-0.72	0.13	-0.31	-0.07	-0.29	-0.55	-0.05	0.4
Retained Earnings	-0.72	-0.16	-0.47	-0.18	-0.51	-0.77	0.05		-0.52	-0.75	0.47	-0.52	0.37	-0.68	-0.24	-0.89	-0.31	-0.66	-0.54	0.47	0.36	0.61	-0.11	-0.46	0.56	0.03
Cash	0.84	-0.53	0.69	0.58	0.9	0.71	-0.75	-0.52		0.74	-0.14	1.0	-0.02	0.87	-0.48	0.8	-0.32	0.71	0.99	-0.23	-0.01	-0.31	0.46	0.72	-0.27	-0.18
Non Current Assets Total	0.99	-0.12	0.66	0.53	0.83	1.0	-0.34	-0.75	0.74		-0.34	0.74	-0.24	0.82	-0.04	0.92	0.12	0.85	0.8	-0.43	-0.22	-0.68	0.53	0.8	-0.44	0.08
Non Currrent Assets Other	-0.3	0.04	-0.13	0.43	-0.28	-0.42	0.08	0.47	-0.14	-0.34		-0.14	-0.27	-0.35	-0.1	-0.43	0.03	-0.35	-0.14	0.97	-0.27	0.34	0.24	-0.25	-0.12	0.21
Cash And Short Term Investments	0.84	-0.53	0.69	0.58	0.9	0.71	-0.75	-0.52	1.0	0.74	-0.14		-0.02	0.87	-0.48	0.8	-0.32	0.71	0.99	-0.23	-0.01	-0.31	0.46	0.72	-0.27	-0.18
Common Stock Total Equity	-0.2	-0.39	-0.13	-0.31	0.04	-0.21	-0.29	0.37	-0.02	-0.24	-0.27	-0.02		0.01	-0.36	-0.23	-0.47	-0.11	-0.06	-0.28	1.0	0.39	-0.19	-0.04	0.94	-0.27
Common Stock Shares Outstanding	0.87	-0.53	0.71	0.43	0.93	0.81	-0.7	-0.68	0.87	0.82	-0.35	0.87	0.01		-0.45	0.91	-0.33	0.86	0.88	-0.43	0.03	-0.45	0.3	0.77	-0.26	-0.25
Non Current Liabilities Total	-0.15	0.99	-0.23	-0.25	-0.58	0.0	0.93	-0.24	-0.48	-0.04	-0.1	-0.48	-0.36	-0.45		-0.13	0.95	-0.2	-0.45	-0.08	-0.37	-0.27	-0.19	-0.34	-0.18	0.41
Other Stockholder Equity	0.93	-0.22	0.64	0.4	0.84	0.92	-0.44	-0.89	0.8	0.92	-0.43	0.8	-0.23	0.91	-0.13		-0.01	0.85	0.82	-0.48	-0.21	-0.61	0.35	0.74	-0.47	-0.11
Total Liab	0.03	0.95	-0.01	0.05	-0.44	0.15	0.85	-0.31	-0.32	0.12	0.03	-0.32	-0.47	-0.33	0.95	-0.01		-0.05	-0.26	0.02	-0.48	-0.36	0.04	-0.14	-0.3	0.48
Property Plant And Equipment Gross	0.87	-0.27	0.67	0.49	0.8	0.85	-0.44	-0.66	0.71	0.85	-0.35	0.71	-0.11	0.86	-0.2	0.85	-0.05		0.78	-0.43	-0.08	-0.6	0.44	0.88	-0.32	-0.06
Total Current Assets	0.89	-0.5	0.74	0.65	0.92	0.77	-0.72	-0.54	0.99	0.8	-0.14	0.99	-0.06	0.88	-0.45	0.82	-0.26	0.78		-0.25	-0.04	-0.38	0.55	0.8	-0.3	-0.11
Short Term Debt	-0.4	0.06	-0.2	0.33	-0.37	-0.51	0.13	0.47	-0.23	-0.43	0.97	-0.23	-0.28	-0.43	-0.08	-0.48	0.02	-0.43	-0.25		-0.28	0.36	0.11	-0.34	-0.14	0.13
Common Stock	-0.18	-0.4	-0.1	-0.29	0.06	-0.19	-0.31	0.36	-0.01	-0.22	-0.27	-0.01	1.0	0.03	-0.37	-0.21	-0.48	-0.08	-0.04	-0.28		0.4	-0.18	-0.02	0.93	-0.27
Current Deferred Revenue	-0.63	-0.21	-0.4	-0.24	-0.4	-0.7	-0.07	0.61	-0.31	-0.68	0.34	-0.31	0.39	-0.45	-0.27	-0.61	-0.36	-0.6	-0.38	0.36	0.4		-0.21	-0.47	0.47	-0.18
Accounts Payable	0.56	-0.18	0.32	0.76	0.48	0.49	-0.29	-0.11	0.46	0.53	0.24	0.46	-0.19	0.3	-0.19	0.35	0.04	0.44	0.55	0.11	-0.18	-0.21		0.67	-0.25	0.26
Net Receivables	0.83	-0.4	0.74	0.68	0.81	0.79	-0.55	-0.46	0.72	0.8	-0.25	0.72	-0.04	0.77	-0.34	0.74	-0.14	0.88	0.8	-0.34	-0.02	-0.47	0.67		-0.23	-0.18
Intangible Assets	-0.42	-0.18	-0.28	-0.38	-0.24	-0.41	-0.05	0.56	-0.27	-0.44	-0.12	-0.27	0.94	-0.26	-0.18	-0.47	-0.3	-0.32	-0.3	-0.14	0.93	0.47	-0.25	-0.23		-0.17
Other Current Assets	0.03	0.43	-0.03	0.18	-0.19	0.07	0.4	0.03	-0.18	0.08	0.21	-0.18	-0.27	-0.25	0.41	-0.11	0.48	-0.06	-0.11	0.13	-0.27	-0.18	0.26	-0.18	-0.17

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PEDEVCO Corp Account Relationship Matchups

PEDEVCO Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	122.9M	79.6M	98.2M	116.1M	120.1M	126.1M
Short Long Term Debt Total	397K	670K	195K	81K	316K	300.2K
Other Current Liab	3.0M	1.4M	2.3M	15.2M	12.2M	12.8M
Total Current Liabilities	15.2M	2.0M	5.2M	17.0M	18.9M	19.8M
Total Stockholder Equity	105.5M	75.6M	91.5M	96.5M	98.8M	103.7M
Property Plant And Equipment Net	92.2M	67.3M	66.6M	80.2M	91.9M	96.5M
Net Debt	(22.0M)	(7.4M)	(25.7M)	(29.3M)	(18.2M)	(17.3M)
Retained Earnings	(95.6M)	(128.3M)	(129.6M)	(126.7M)	(126.5M)	(120.2M)
Cash	22.4M	8.0M	25.9M	29.4M	18.5M	19.4M
Non Current Assets Total	95.8M	70.8M	70.2M	84.0M	95.5M	100.2M
Non Currrent Assets Other	238K	301K	246K	236K	243K	230.9K
Cash And Short Term Investments	22.4M	8.0M	25.9M	29.4M	18.5M	19.4M
Common Stock Total Equity	16K	71K	72K	84K	75.6K	49.6K
Common Stock Shares Outstanding	51.2M	72.2M	80.0M	85.5M	87.0M	91.4M
Liabilities And Stockholders Equity	122.9M	79.6M	98.2M	116.1M	120.1M	126.1M
Non Current Liabilities Total	2.2M	2.0M	1.6M	2.7M	2.4M	2.3M
Other Stockholder Equity	201.0M	203.9M	221.0M	223.1M	225.2M	236.4M
Total Liab	17.4M	3.9M	6.7M	19.7M	21.3M	22.3M
Property Plant And Equipment Gross	92.2M	67.3M	154.9M	80.2M	199.0M	208.9M
Total Current Assets	27.1M	8.8M	28.0M	32.1M	24.6M	25.8M
Short Term Debt	97K	393K	228K	162K	89K	84.6K
Common Stock	71K	72K	84K	86K	87K	51.4K
Accounts Payable	12.1M	212K	2.6M	1.6M	6.6M	6.9M
Other Current Assets	73K	132K	652K	498K	260K	247K
Other Liab	1.9M	1.7M	1.5M	2.7M	3.1M	1.7M
Property Plant Equipment	92.2M	67.3M	66.6M	80.2M	92.3M	55.2M
Net Tangible Assets	105.5M	75.6M	91.5M	96.5M	110.9M	116.5M
Other Assets	238K	3.6M	3.5M	3.8M	3.4M	2.3M
Retained Earnings Total Equity	(84.5M)	(95.6M)	(128.3M)	(129.6M)	(116.6M)	(122.5M)
Capital Surpluse	201.0M	203.9M	221.0M	223.1M	256.6M	149.5M
Non Current Liabilities Other	19.6M	41.3M	2.2M	1.9M	2.1M	2.0M
Net Invested Capital	105.5M	76.0M	91.5M	96.5M	98.8M	87.0M

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When determining whether PEDEVCO Corp is a strong investment it is important to analyze PEDEVCO Corp'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 PEDEVCO Corp's future performance. For an informed investment choice regarding PEDEVCO Stock, refer to the following important reports:

How To Invest In PEDEVCO

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Is PEDEVCO Stock a good investment?

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What is PEDEVCO Corp's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO 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 income.

For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Is Oil & Gas Exploration & Production 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 PEDEVCO Corp. If investors know PEDEVCO 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 PEDEVCO Corp 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

0.659

Earnings Share

0.02

Revenue Per Share

0.386

Quarterly Revenue Growth

0.382

Return On Assets

0.024

The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp'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 PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp'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 PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp'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.

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PEDEVCO Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

PEDEVCO Corp fundamental ratios Correlations

PEDEVCO Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PEDEVCO Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Cash

Other Stockholder Equity	- 0.89	Retained Earnings
Net Debt	- 0.8	Total Stockholder Equity
Retained Earnings	- 0.77	Property Plant And Equipment Net
Non Current Assets Total	- 0.75	Retained Earnings
Cash And Short Term Investments	- 0.75	Net Debt
Cash	- 0.75	Net Debt