Peninsula Total Assets vs Common Stock 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 Total Assets and its Common Stock 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.

Total Assets vs Common Stock

Total Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peninsula Energy Total Assets account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Peninsula Energy's Total Assets and Common Stock is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock 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 Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Peninsula Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Peninsula Energy's Total Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Peninsula Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Peninsula Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock

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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Additional Tools for Peninsula Stock Analysis

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