Peninsula Current Deferred Revenue vs Retained Earnings 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 Current Deferred Revenue and its Retained Earnings 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.
Current Deferred Revenue vs Retained Earnings
Current Deferred Revenue vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peninsula Energy Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Peninsula Energy's Current Deferred Revenue and Retained Earnings is 0.08. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings 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 Current Deferred Revenue 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 Current Deferred Revenue of Peninsula Energy 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 Current Deferred Revenue i.e., Peninsula Energy's Current Deferred Revenue and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 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
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Peninsula Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Peninsula Energy's price analysis, check to measure Peninsula Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Peninsula Energy is operating at the current time. Most of Peninsula Energy's value examination focuses on studying past and present price action to predict the probability of Peninsula Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peninsula Energy's price. Additionally, you may evaluate how the addition of Peninsula Energy to your portfolios can decrease your overall portfolio volatility.