Petróleo Accounts Payable vs Total Liab Analysis

PBR-A Stock  USD 14.81  0.11  0.75%   
Petróleo Brasileiro financial indicator trend analysis is much more than just breaking down Petróleo Brasileiro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petróleo Brasileiro is a good investment. Please check the relationship between Petróleo Brasileiro Accounts Payable and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petróleo Brasileiro Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Petróleo Brasileiro's Accounts Payable and Total Liab is 0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Petrleo Brasileiro SA, assuming nothing else is changed. The correlation between historical values of Petróleo Brasileiro's Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Petrleo Brasileiro SA are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Petróleo Brasileiro's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Petróleo Brasileiro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Petróleo Brasileiro are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Petróleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petróleo Brasileiro 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 Petrleo Brasileiro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Petróleo Brasileiro's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 12.2 B, whereas Tax Provision is forecasted to decline to about 6.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit40.8B65.0B51.5B36.0B
Total Revenue84.0B124.5B102.5B95.6B

Petróleo Brasileiro fundamental ratios Correlations

0.82-0.010.950.970.980.80.460.960.781.00.350.920.960.510.70.870.970.830.930.980.650.50.940.490.82
0.82-0.280.660.680.880.990.310.720.870.830.460.850.680.60.380.960.70.450.940.790.590.670.720.580.51
-0.01-0.280.210.02-0.02-0.28-0.2-0.03-0.32-0.01-0.36-0.090.00.190.3-0.120.080.22-0.05-0.01-0.05-0.18-0.130.140.04
0.950.660.210.940.90.630.360.920.650.940.20.850.940.480.750.750.950.920.840.930.740.380.880.480.85
0.970.680.020.940.910.640.520.980.680.960.280.880.990.340.770.730.990.890.810.970.610.350.940.330.9
0.980.88-0.020.90.910.870.480.920.770.980.390.90.90.610.650.930.920.730.970.940.60.580.910.60.75
0.80.99-0.280.630.640.870.350.680.810.810.460.790.630.630.360.960.660.380.930.740.550.680.690.620.46
0.460.31-0.20.360.520.480.350.550.130.480.210.280.480.20.40.30.50.170.330.39-0.040.230.570.190.42
0.960.72-0.030.920.980.920.680.550.690.960.320.880.990.380.730.740.980.830.820.950.60.410.930.340.88
0.780.87-0.320.650.680.770.810.130.690.760.530.890.690.370.260.830.690.60.820.820.610.570.680.380.6
1.00.83-0.010.940.960.980.810.480.960.760.360.910.950.530.70.880.960.810.940.960.640.520.940.520.81
0.350.46-0.360.20.280.390.460.210.320.530.360.260.260.26-0.280.450.310.140.420.310.00.760.330.290.15
0.920.85-0.090.850.880.90.790.280.880.890.910.260.890.390.680.840.880.780.880.970.70.390.820.370.76
0.960.680.00.940.990.90.630.480.990.690.950.260.890.320.760.710.990.90.80.970.650.340.920.30.9
0.510.60.190.480.340.610.630.20.380.370.530.260.390.320.210.710.370.180.690.40.280.80.480.960.06
0.70.380.30.750.770.650.360.40.730.260.7-0.280.680.760.210.430.750.680.530.720.51-0.090.630.180.65
0.870.96-0.120.750.730.930.960.30.740.830.880.450.840.710.710.430.750.540.990.820.550.70.780.70.52
0.970.70.080.950.990.920.660.50.980.690.960.310.880.990.370.750.750.890.830.970.590.380.920.340.89
0.830.450.220.920.890.730.380.170.830.60.810.140.780.90.180.680.540.890.650.860.680.150.780.20.89
0.930.94-0.050.840.810.970.930.330.820.820.940.420.880.80.690.530.990.830.650.880.620.660.840.680.63
0.980.79-0.010.930.970.940.740.390.950.820.960.310.970.970.40.720.820.970.860.880.660.410.910.370.85
0.650.59-0.050.740.610.60.55-0.040.60.610.640.00.70.650.280.510.550.590.680.620.660.20.560.310.59
0.50.67-0.180.380.350.580.680.230.410.570.520.760.390.340.8-0.090.70.380.150.660.410.20.50.760.08
0.940.72-0.130.880.940.910.690.570.930.680.940.330.820.920.480.630.780.920.780.840.910.560.50.450.8
0.490.580.140.480.330.60.620.190.340.380.520.290.370.30.960.180.70.340.20.680.370.310.760.450.06
0.820.510.040.850.90.750.460.420.880.60.810.150.760.90.060.650.520.890.890.630.850.590.080.80.06
Click cells to compare fundamentals

Petróleo Brasileiro Account Relationship Matchups

Petróleo Brasileiro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets229.7B190.0B174.3B187.2B216.3B206.8B
Short Long Term Debt Total87.1B75.5B58.7B53.8B62.4B69.3B
Other Current Liab5.2B2.3B2.7B16.8B12.6B13.3B
Total Current Liabilities28.8B26.2B24.2B31.4B33.7B27.7B
Total Stockholder Equity73.3B59.3B69.4B69.5B78.3B86.8B
Property Plant And Equipment Net159.3B124.2B125.3B130.2B152.9B137.6B
Net Debt79.7B63.8B48.3B45.8B57.4B55.6B
Retained Earnings31.0B24.5B29.5B24.4B32.8B40.6B
Accounts Payable5.6B6.9B5.5B5.5B4.8B7.3B
Cash7.4B11.7B10.5B8.0B5.0B4.7B
Non Current Assets Total201.9B162.6B144.2B155.9B184.0B166.9B
Non Currrent Assets Other16.2B13.7B13.7B18.8B(4.9B)(4.7B)
Cash And Short Term Investments8.3B12.4B11.1B10.8B15.5B17.2B
Net Receivables7.3B7.3B7.7B6.3B7.3B9.9B
Short Term Investments888M659M650M2.8B10.5B11.0B
Liabilities And Stockholders Equity229.7B190.0B174.3B187.2B216.3B206.8B
Non Current Liabilities Total126.7B103.9B80.4B86.0B103.9B91.3B
Inventory8.2B5.7B7.3B8.8B7.7B9.2B
Other Current Assets1.5B1.2B1.6B1.8B1.9B1.4B
Total Liab155.5B130.1B104.5B117.4B137.6B118.9B
Total Current Assets27.8B27.4B30.1B31.3B32.3B39.8B
Accumulated Other Comprehensive Income(33.8B)(47.8B)(37.7B)(37.6B)3.3B3.4B
Short Term Debt10.2B9.9B9.1B9.1B11.5B8.4B
Current Deferred Revenue7.8B7.2B6.9B4.8B5.5B6.5B
Other Stockholder Equity(31.0B)(24.5B)(29.5B)(24.4B)1.00.95
Property Plant And Equipment Gross245.9B124.2B216.4B231.0B1.3T1.4T
Intangible Assets19.4B14.9B3.0B3.0B14.6B11.0B
Good Will203M63M24M22M25.3M24.1M
Other Liab200.7B198.8B30.7B215.5B247.9B131.7B
Net Tangible Assets217.1B230.7B66.4B347.0B399.1B231.9B
Other Assets71.1B104.7B14.3B102.6B1.00.95
Long Term Debt58.8B49.7B32.1B26.4B118.8B76.8B
Long Term Investments5.6B3.3B1.6B3.1B18.3B19.2B
Short Long Term Debt4.5B4.2B3.6B3.6B21.0B25.2B
Property Plant Equipment641.9B645.4B125.3B679.2B781.1B524.6B
Capital Lease Obligations23.9B21.7B23.0B23.8B164.0B172.2B
Non Current Liabilities Other1.4B2.2B2.2B2.0B9.2B9.6B

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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Please note, there is a significant difference between Petróleo Brasileiro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petróleo Brasileiro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petróleo Brasileiro'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.