Petróleo Net Receivables vs Non Current Liabilities Total 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 Net Receivables and its Non Current Liabilities Total 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.

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petróleo Brasileiro Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Petróleo Brasileiro's Net Receivables and Non Current Liabilities Total is 0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total 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 Net Receivables and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Petrleo Brasileiro SA are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Petróleo Brasileiro's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Non Current Liabilities Total

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Petróleo Stock analysis

When running Petróleo Brasileiro's price analysis, check to measure Petróleo Brasileiro'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 Petróleo Brasileiro is operating at the current time. Most of Petróleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petróleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petróleo Brasileiro's price. Additionally, you may evaluate how the addition of Petróleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Equity Valuation
Check real value of public entities based on technical and fundamental data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Directory
Find actively traded commodities issued by global exchanges
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.