Peninsula Cash And Short Term Investments vs Total Current Liabilities Analysis

PEN Stock   1.18  0.07  6.31%   
Peninsula Energy financial indicator trend analysis is much more than just breaking down Peninsula Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peninsula Energy is a good investment. Please check the relationship between Peninsula Energy Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peninsula 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 board of governors.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peninsula Energy Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Peninsula Energy's Cash And Short Term Investments and Total Current Liabilities is -0.24. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Peninsula Energy, assuming nothing else is changed. The correlation between historical values of Peninsula Energy's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Peninsula Energy are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., Peninsula Energy's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Peninsula Energy balance sheet. This account contains Peninsula Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Peninsula Energy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on Peninsula Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Peninsula Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Peninsula Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peninsula 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 Peninsula 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 board of governors.
At this time, Peninsula Energy's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Discontinued Operations is likely to drop (16.9 K) in 2024.

Peninsula Energy fundamental ratios Correlations

0.120.060.980.84-0.72-0.590.730.780.85-0.150.78-0.110.770.8-0.760.60.510.850.84-0.21-0.1-0.090.250.540.52
0.120.030.090.160.10.00.4-0.140.270.02-0.140.390.050.050.030.150.1-0.070.040.02-0.11-0.10.040.190.35
0.060.03-0.060.360.450.060.01-0.250.390.16-0.24-0.060.08-0.250.410.50.52-0.28-0.070.440.960.960.75-0.120.24
0.980.09-0.060.82-0.79-0.470.710.830.79-0.230.82-0.070.680.76-0.750.430.510.860.77-0.32-0.21-0.20.170.430.5
0.840.160.360.82-0.31-0.290.460.410.98-0.150.41-0.060.510.4-0.40.50.820.450.55-0.170.250.260.50.260.41
-0.720.10.45-0.79-0.310.41-0.64-0.97-0.270.19-0.970.16-0.55-0.780.79-0.15-0.02-0.96-0.650.310.560.570.21-0.37-0.35
-0.590.00.06-0.47-0.290.41-0.49-0.4-0.41-0.24-0.410.21-0.87-0.820.77-0.810.11-0.58-0.92-0.150.210.20.08-0.96-0.1
0.730.40.010.710.46-0.64-0.490.650.53-0.230.650.350.670.77-0.560.50.20.720.66-0.25-0.23-0.250.070.480.75
0.78-0.14-0.250.830.41-0.97-0.40.650.37-0.171.0-0.210.580.76-0.740.250.150.970.66-0.22-0.37-0.38-0.050.320.42
0.850.270.390.790.98-0.27-0.410.530.37-0.080.360.00.620.47-0.430.640.770.430.63-0.090.250.260.510.410.47
-0.150.020.16-0.23-0.150.19-0.24-0.23-0.17-0.08-0.15-0.350.23-0.120.150.25-0.03-0.180.070.870.180.15-0.210.21-0.43
0.78-0.14-0.240.820.41-0.97-0.410.651.00.36-0.15-0.220.590.76-0.730.260.150.960.66-0.19-0.35-0.37-0.050.330.41
-0.110.39-0.06-0.07-0.060.160.210.35-0.210.0-0.35-0.22-0.09-0.020.24-0.19-0.01-0.18-0.19-0.39-0.15-0.17-0.07-0.160.52
0.770.050.080.680.51-0.55-0.870.670.580.620.230.59-0.090.82-0.670.80.270.70.920.2-0.11-0.110.110.80.39
0.80.05-0.250.760.4-0.78-0.820.770.760.47-0.120.76-0.020.82-0.920.6-0.040.890.93-0.25-0.43-0.43-0.120.780.41
-0.760.030.41-0.75-0.40.790.77-0.56-0.74-0.430.15-0.730.24-0.67-0.92-0.470.1-0.86-0.880.340.540.530.19-0.76-0.18
0.60.150.50.430.5-0.15-0.810.50.250.640.250.26-0.190.80.6-0.470.230.380.770.340.330.330.420.770.32
0.510.10.520.510.82-0.020.110.20.150.77-0.030.15-0.010.27-0.040.10.230.090.120.060.480.490.64-0.140.36
0.85-0.07-0.280.860.45-0.96-0.580.720.970.43-0.180.96-0.180.70.89-0.860.380.090.8-0.26-0.42-0.42-0.090.510.41
0.840.04-0.070.770.55-0.65-0.920.660.660.630.070.66-0.190.920.93-0.880.770.120.8-0.03-0.24-0.230.020.870.3
-0.210.020.44-0.32-0.170.31-0.15-0.25-0.22-0.090.87-0.19-0.390.2-0.250.340.340.06-0.26-0.030.460.450.110.11-0.3
-0.1-0.110.96-0.210.250.560.21-0.23-0.370.250.18-0.35-0.15-0.11-0.430.540.330.48-0.42-0.240.461.00.71-0.280.05
-0.09-0.10.96-0.20.260.570.2-0.25-0.380.260.15-0.37-0.17-0.11-0.430.530.330.49-0.42-0.230.451.00.71-0.270.04
0.250.040.750.170.50.210.080.07-0.050.51-0.21-0.05-0.070.11-0.120.190.420.64-0.090.020.110.710.71-0.060.49
0.540.19-0.120.430.26-0.37-0.960.480.320.410.210.33-0.160.80.78-0.760.77-0.140.510.870.11-0.28-0.27-0.060.12
0.520.350.240.50.41-0.35-0.10.750.420.47-0.430.410.520.390.41-0.180.320.360.410.3-0.30.050.040.490.12
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Peninsula Energy Account Relationship Matchups

Peninsula Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets91.7M107.4M137.8M177.8M213.2M223.9M
Other Current Liab1.7M4.5M616.6K2.4M146K138.7K
Total Current Liabilities2.5M8.8M2.2M6.0M5.1M5.0M
Total Stockholder Equity68.3M78.8M108.3M138.4M186.2M195.5M
Property Plant And Equipment Net56.5M57.4M80.8M107.8M102.0M107.1M
Net Debt(11.4M)(6.1M)(11.0M)(32.2M)(99.9M)(94.9M)
Retained Earnings(181.4M)(181.7M)(271.0M)(285.3M)(202.3M)(192.2M)
Accounts Payable808.6K5.6M1.6M3.7M4.7M4.9M
Cash12.0M6.7M11.0M32.2M99.9M104.8M
Non Current Assets Total75.3M82.0M94.8M125.0M108.7M114.1M
Cash And Short Term Investments14.6M6.7M11.0M32.2M99.9M104.8M
Net Receivables346.2K10.4M366.5K414.6K909K1.4M
Common Stock Shares Outstanding284.8M897.2M996.8M1.1B1.3B1.4B
Liabilities And Stockholders Equity91.7M107.4M137.8M177.8M214.3M225.0M
Other Stockholder Equity(21.3M)(19.7M)(96.1M)(127.6M)(114.8M)(109.1M)
Total Liab24.4M29.8M31.0M41.0M28.0M29.4M
Property Plant And Equipment Gross81.8M59.4M57.7M74.2M104.3M109.5M
Total Current Assets16.4M25.5M43.0M52.8M104.6M109.8M
Common Stock242.1M252.5M367.5M412.9M381.6M400.7M
Accumulated Other Comprehensive Income7.6M8.0M11.8M10.8M6.9M3.7M
Short Term Investments2.6M1.0K1.3K1.5K1.7K1.6K
Short Term Debt575.7K656.0K4.4K3K1K950.0
Short Long Term Debt Total618.9K616.0K2.2M6.0K1K950.0
Current Deferred Revenue0.690.751.320.13208K169.2K
Non Current Liabilities Total21.9M20.9M28.8M35.0M23.0M13.9M
Non Currrent Assets Other0.699.4M1.02.06.7M7.0M
Property Plant Equipment56.2M57.4M55.6M71.8M82.5M52.4M
Other Current Assets2.5M242.9K9.8M1.3M1.7M1.8M
Inventory476.0K499.0K21.8M18.2M2.1M2.0M
Long Term Debt0.062.7K8K2.2M2.0M2.1M
Short Long Term Debt750.4K560K3K1K900.0855.0
Other Liab12.9M14.8M13.2M14.9M17.1M10.6M
Net Tangible Assets67.8M78.8M74.5M92.1M82.9M70.1M
Long Term Debt Total43K8K2.2M1K900.0855.0
Net Invested Capital99.7M79.4M74.5M92.1M186.2M120.6M
Net Working Capital20.1M16.6M28.1M31.2M99.5M104.5M
Capital Stock240.6M252.5M252.7M274.9M381.6M295.1M

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