Peninsula Change In Working Capital vs Change To Netincome 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 Change In Working Capital and its Change To Netincome 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.

Change In Working Capital vs Change To Netincome

Change In Working Capital vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peninsula Energy Change In Working Capital account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Peninsula Energy's Change In Working Capital and Change To Netincome is -0.1. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Change To Netincome 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 Change In Working Capital and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Peninsula Energy are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change In Working Capital i.e., Peninsula Energy's Change In Working Capital and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Change To Netincome

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Investments	Short Term Debt	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Non Currrent Assets Other
Total Assets		0.12	0.06	0.98	0.84	-0.72	-0.59	0.73	0.78	0.85	-0.15	0.78	-0.11	0.77	0.8	-0.76	0.6	0.51	0.85	0.84	-0.21	-0.1	-0.09	0.25	0.54	0.52
Other Current Liab	0.12		0.03	0.09	0.16	0.1	0.0	0.4	-0.14	0.27	0.02	-0.14	0.39	0.05	0.05	0.03	0.15	0.1	-0.07	0.04	0.02	-0.11	-0.1	0.04	0.19	0.35
Total Current Liabilities	0.06	0.03		-0.06	0.36	0.45	0.06	0.01	-0.25	0.39	0.16	-0.24	-0.06	0.08	-0.25	0.41	0.5	0.52	-0.28	-0.07	0.44	0.96	0.96	0.75	-0.12	0.24
Total Stockholder Equity	0.98	0.09	-0.06		0.82	-0.79	-0.47	0.71	0.83	0.79	-0.23	0.82	-0.07	0.68	0.76	-0.75	0.43	0.51	0.86	0.77	-0.32	-0.21	-0.2	0.17	0.43	0.5
Property Plant And Equipment Net	0.84	0.16	0.36	0.82		-0.31	-0.29	0.46	0.41	0.98	-0.15	0.41	-0.06	0.51	0.4	-0.4	0.5	0.82	0.45	0.55	-0.17	0.25	0.26	0.5	0.26	0.41
Net Debt	-0.72	0.1	0.45	-0.79	-0.31		0.41	-0.64	-0.97	-0.27	0.19	-0.97	0.16	-0.55	-0.78	0.79	-0.15	-0.02	-0.96	-0.65	0.31	0.56	0.57	0.21	-0.37	-0.35
Retained Earnings	-0.59	0.0	0.06	-0.47	-0.29	0.41		-0.49	-0.4	-0.41	-0.24	-0.41	0.21	-0.87	-0.82	0.77	-0.81	0.11	-0.58	-0.92	-0.15	0.21	0.2	0.08	-0.96	-0.1
Accounts Payable	0.73	0.4	0.01	0.71	0.46	-0.64	-0.49		0.65	0.53	-0.23	0.65	0.35	0.67	0.77	-0.56	0.5	0.2	0.72	0.66	-0.25	-0.23	-0.25	0.07	0.48	0.75
Cash	0.78	-0.14	-0.25	0.83	0.41	-0.97	-0.4	0.65		0.37	-0.17	1.0	-0.21	0.58	0.76	-0.74	0.25	0.15	0.97	0.66	-0.22	-0.37	-0.38	-0.05	0.32	0.42
Non Current Assets Total	0.85	0.27	0.39	0.79	0.98	-0.27	-0.41	0.53	0.37		-0.08	0.36	0.0	0.62	0.47	-0.43	0.64	0.77	0.43	0.63	-0.09	0.25	0.26	0.51	0.41	0.47
Other Assets	-0.15	0.02	0.16	-0.23	-0.15	0.19	-0.24	-0.23	-0.17	-0.08		-0.15	-0.35	0.23	-0.12	0.15	0.25	-0.03	-0.18	0.07	0.87	0.18	0.15	-0.21	0.21	-0.43
Cash And Short Term Investments	0.78	-0.14	-0.24	0.82	0.41	-0.97	-0.41	0.65	1.0	0.36	-0.15		-0.22	0.59	0.76	-0.73	0.26	0.15	0.96	0.66	-0.19	-0.35	-0.37	-0.05	0.33	0.41
Net Receivables	-0.11	0.39	-0.06	-0.07	-0.06	0.16	0.21	0.35	-0.21	0.0	-0.35	-0.22		-0.09	-0.02	0.24	-0.19	-0.01	-0.18	-0.19	-0.39	-0.15	-0.17	-0.07	-0.16	0.52
Common Stock Total Equity	0.77	0.05	0.08	0.68	0.51	-0.55	-0.87	0.67	0.58	0.62	0.23	0.59	-0.09		0.82	-0.67	0.8	0.27	0.7	0.92	0.2	-0.11	-0.11	0.11	0.8	0.39
Common Stock Shares Outstanding	0.8	0.05	-0.25	0.76	0.4	-0.78	-0.82	0.77	0.76	0.47	-0.12	0.76	-0.02	0.82		-0.92	0.6	-0.04	0.89	0.93	-0.25	-0.43	-0.43	-0.12	0.78	0.41
Other Stockholder Equity	-0.76	0.03	0.41	-0.75	-0.4	0.79	0.77	-0.56	-0.74	-0.43	0.15	-0.73	0.24	-0.67	-0.92		-0.47	0.1	-0.86	-0.88	0.34	0.54	0.53	0.19	-0.76	-0.18
Total Liab	0.6	0.15	0.5	0.43	0.5	-0.15	-0.81	0.5	0.25	0.64	0.25	0.26	-0.19	0.8	0.6	-0.47		0.23	0.38	0.77	0.34	0.33	0.33	0.42	0.77	0.32
Property Plant And Equipment Gross	0.51	0.1	0.52	0.51	0.82	-0.02	0.11	0.2	0.15	0.77	-0.03	0.15	-0.01	0.27	-0.04	0.1	0.23		0.09	0.12	0.06	0.48	0.49	0.64	-0.14	0.36
Total Current Assets	0.85	-0.07	-0.28	0.86	0.45	-0.96	-0.58	0.72	0.97	0.43	-0.18	0.96	-0.18	0.7	0.89	-0.86	0.38	0.09		0.8	-0.26	-0.42	-0.42	-0.09	0.51	0.41
Common Stock	0.84	0.04	-0.07	0.77	0.55	-0.65	-0.92	0.66	0.66	0.63	0.07	0.66	-0.19	0.92	0.93	-0.88	0.77	0.12	0.8		-0.03	-0.24	-0.23	0.02	0.87	0.3
Short Term Investments	-0.21	0.02	0.44	-0.32	-0.17	0.31	-0.15	-0.25	-0.22	-0.09	0.87	-0.19	-0.39	0.2	-0.25	0.34	0.34	0.06	-0.26	-0.03		0.46	0.45	0.11	0.11	-0.3
Short Term Debt	-0.1	-0.11	0.96	-0.21	0.25	0.56	0.21	-0.23	-0.37	0.25	0.18	-0.35	-0.15	-0.11	-0.43	0.54	0.33	0.48	-0.42	-0.24	0.46		1.0	0.71	-0.28	0.05
Short Long Term Debt Total	-0.09	-0.1	0.96	-0.2	0.26	0.57	0.2	-0.25	-0.38	0.26	0.15	-0.37	-0.17	-0.11	-0.43	0.53	0.33	0.49	-0.42	-0.23	0.45	1.0		0.71	-0.27	0.04
Current Deferred Revenue	0.25	0.04	0.75	0.17	0.5	0.21	0.08	0.07	-0.05	0.51	-0.21	-0.05	-0.07	0.11	-0.12	0.19	0.42	0.64	-0.09	0.02	0.11	0.71	0.71		-0.06	0.49
Non Current Liabilities Total	0.54	0.19	-0.12	0.43	0.26	-0.37	-0.96	0.48	0.32	0.41	0.21	0.33	-0.16	0.8	0.78	-0.76	0.77	-0.14	0.51	0.87	0.11	-0.28	-0.27	-0.06		0.12
Non Currrent Assets Other	0.52	0.35	0.24	0.5	0.41	-0.35	-0.1	0.75	0.42	0.47	-0.43	0.41	0.52	0.39	0.41	-0.18	0.32	0.36	0.41	0.3	-0.3	0.05	0.04	0.49	0.12

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Peninsula Energy Account Relationship Matchups

Peninsula Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	91.7M	107.4M	137.8M	177.8M	213.2M	223.9M
Other Current Liab	1.7M	4.5M	616.6K	2.4M	146K	138.7K
Total Current Liabilities	2.5M	8.8M	2.2M	6.0M	5.1M	5.0M
Total Stockholder Equity	68.3M	78.8M	108.3M	138.4M	186.2M	195.5M
Property Plant And Equipment Net	56.5M	57.4M	80.8M	107.8M	102.0M	107.1M
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 Payable	808.6K	5.6M	1.6M	3.7M	4.7M	4.9M
Cash	12.0M	6.7M	11.0M	32.2M	99.9M	104.8M
Non Current Assets Total	75.3M	82.0M	94.8M	125.0M	108.7M	114.1M
Cash And Short Term Investments	14.6M	6.7M	11.0M	32.2M	99.9M	104.8M
Net Receivables	346.2K	10.4M	366.5K	414.6K	909K	1.4M
Common Stock Shares Outstanding	284.8M	897.2M	996.8M	1.1B	1.3B	1.4B
Liabilities And Stockholders Equity	91.7M	107.4M	137.8M	177.8M	214.3M	225.0M
Other Stockholder Equity	(21.3M)	(19.7M)	(96.1M)	(127.6M)	(114.8M)	(109.1M)
Total Liab	24.4M	29.8M	31.0M	41.0M	28.0M	29.4M
Property Plant And Equipment Gross	81.8M	59.4M	57.7M	74.2M	104.3M	109.5M
Total Current Assets	16.4M	25.5M	43.0M	52.8M	104.6M	109.8M
Common Stock	242.1M	252.5M	367.5M	412.9M	381.6M	400.7M
Accumulated Other Comprehensive Income	7.6M	8.0M	11.8M	10.8M	6.9M	3.7M
Short Term Investments	2.6M	1.0K	1.3K	1.5K	1.7K	1.6K
Short Term Debt	575.7K	656.0K	4.4K	3K	1K	950.0
Short Long Term Debt Total	618.9K	616.0K	2.2M	6.0K	1K	950.0
Current Deferred Revenue	0.69	0.75	1.32	0.13	208K	169.2K
Non Current Liabilities Total	21.9M	20.9M	28.8M	35.0M	23.0M	13.9M
Non Currrent Assets Other	0.69	9.4M	1.0	2.0	6.7M	7.0M
Property Plant Equipment	56.2M	57.4M	55.6M	71.8M	82.5M	52.4M
Other Current Assets	2.5M	242.9K	9.8M	1.3M	1.7M	1.8M
Inventory	476.0K	499.0K	21.8M	18.2M	2.1M	2.0M
Long Term Debt	0.0	62.7K	8K	2.2M	2.0M	2.1M
Short Long Term Debt	750.4K	560K	3K	1K	900.0	855.0
Other Liab	12.9M	14.8M	13.2M	14.9M	17.1M	10.6M
Net Tangible Assets	67.8M	78.8M	74.5M	92.1M	82.9M	70.1M
Long Term Debt Total	43K	8K	2.2M	1K	900.0	855.0
Net Invested Capital	99.7M	79.4M	74.5M	92.1M	186.2M	120.6M
Net Working Capital	20.1M	16.6M	28.1M	31.2M	99.5M	104.5M
Capital Stock	240.6M	252.5M	252.7M	274.9M	381.6M	295.1M

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