Petroleo Cost Of Revenue vs Other Operating Expenses Analysis

PBR Stock

USD 17.12 0.11 0.65%

Petroleo Brasileiro financial indicator trend analysis is much more than just breaking down Petroleo Brasileiro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petroleo Brasileiro is a good investment. Please check the relationship between Petroleo Brasileiro Cost Of Revenue and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petroleo Brasileiro Petrobras. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Cost Of Revenue vs Other Operating Expenses

Cost Of Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petroleo Brasileiro Cost Of Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.

The correlation between Petroleo Brasileiro's Cost Of Revenue and Other Operating Expenses is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Petroleo Brasileiro Petrobras, assuming nothing else is changed. The correlation between historical values of Petroleo Brasileiro's Cost Of Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Petroleo Brasileiro Petrobras are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Petroleo Brasileiro's Cost Of Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Petroleo Brasileiro income statement and represents the costs associated with goods and services Petroleo Brasileiro provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Petroleo Brasileiro. It is also known as Petroleo Brasileiro overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Petroleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petroleo 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 Petroleo Brasileiro Petrobras. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Petroleo Brasileiro's Selling General Administrative is relatively stable compared to the past year. As of 05/09/2024, Tax Provision is likely to grow to about 16.9 B, while Enterprise Value is likely to drop slightly above 120.9 B.

	2021	2022	2023	2024 (projected)
Gross Profit	40.8B	65.0B	51.5B	36.0B
Total Revenue	84.0B	124.5B	102.5B	95.6B

Gross Profit Total Revenue

Petroleo Brasileiro fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.82	-0.01	0.95	0.97	0.98	0.8	0.7	0.96	0.78	1.0	0.35	0.92	0.96	0.51	0.7	0.87	0.97	0.83	0.93	0.98	0.65	0.5	-0.28	-0.14	0.0
Short Long Term Debt Total	0.82		-0.28	0.66	0.68	0.88	0.99	0.31	0.72	0.87	0.83	0.46	0.85	0.68	0.6	0.38	0.96	0.7	0.45	0.94	0.79	0.59	0.67	-0.35	0.05	0.42
Other Current Liab	-0.01	-0.28		0.21	0.02	-0.02	-0.28	0.1	-0.03	-0.32	-0.01	-0.36	-0.09	0.0	0.19	0.3	-0.12	0.08	0.22	-0.05	-0.01	-0.05	-0.14	0.69	0.0	-0.06
Total Current Liabilities	0.95	0.66	0.21		0.94	0.9	0.63	0.71	0.92	0.65	0.94	0.2	0.85	0.94	0.48	0.75	0.75	0.95	0.92	0.84	0.93	0.74	0.38	-0.14	-0.11	-0.13
Total Stockholder Equity	0.97	0.68	0.02	0.94		0.91	0.64	0.78	0.98	0.68	0.96	0.28	0.88	0.99	0.34	0.77	0.73	0.99	0.89	0.81	0.97	0.61	0.35	-0.34	-0.25	-0.21
Property Plant And Equipment Net	0.98	0.88	-0.02	0.9	0.91		0.87	0.61	0.92	0.77	0.98	0.39	0.9	0.9	0.61	0.65	0.93	0.92	0.73	0.97	0.94	0.6	0.58	-0.26	-0.13	0.09
Net Debt	0.8	0.99	-0.28	0.63	0.64	0.87		0.28	0.68	0.81	0.81	0.46	0.79	0.63	0.63	0.36	0.96	0.66	0.38	0.93	0.74	0.55	0.68	-0.32	0.05	0.41
Retained Earnings	0.7	0.31	0.1	0.71	0.78	0.61	0.28		0.74	0.31	0.7	0.04	0.54	0.77	0.29	0.63	0.41	0.75	0.68	0.5	0.67	0.3	0.2	-0.15	-0.27	-0.26
Accounts Payable	0.96	0.72	-0.03	0.92	0.98	0.92	0.68	0.74		0.69	0.96	0.32	0.88	0.99	0.38	0.73	0.74	0.98	0.83	0.82	0.95	0.6	0.42	-0.37	-0.18	-0.2
Cash	0.78	0.87	-0.32	0.65	0.68	0.77	0.81	0.31	0.69		0.76	0.53	0.89	0.69	0.37	0.26	0.83	0.69	0.6	0.82	0.82	0.61	0.55	-0.49	0.15	0.4
Non Current Assets Total	1.0	0.83	-0.01	0.94	0.96	0.98	0.81	0.7	0.96	0.76		0.36	0.91	0.95	0.53	0.7	0.88	0.96	0.81	0.94	0.96	0.64	0.52	-0.26	-0.14	0.0
Non Currrent Assets Other	0.35	0.46	-0.36	0.2	0.28	0.39	0.46	0.04	0.32	0.53	0.36		0.26	0.26	0.26	-0.28	0.45	0.31	0.14	0.42	0.31	0.0	0.72	-0.44	0.42	0.24
Cash And Short Term Investments	0.92	0.85	-0.09	0.85	0.88	0.9	0.79	0.54	0.88	0.89	0.91	0.26		0.89	0.39	0.68	0.84	0.88	0.78	0.88	0.97	0.7	0.39	-0.38	-0.12	0.14
Net Receivables	0.96	0.68	0.0	0.94	0.99	0.9	0.63	0.77	0.99	0.69	0.95	0.26	0.89		0.32	0.76	0.71	0.99	0.9	0.8	0.97	0.65	0.34	-0.36	-0.24	-0.2
Common Stock Shares Outstanding	0.51	0.6	0.19	0.48	0.34	0.61	0.63	0.29	0.38	0.37	0.53	0.26	0.39	0.32		0.21	0.71	0.37	0.18	0.69	0.4	0.28	0.82	0.27	0.29	0.34
Short Term Investments	0.7	0.38	0.3	0.75	0.77	0.65	0.36	0.63	0.73	0.26	0.7	-0.28	0.68	0.76	0.21		0.43	0.75	0.68	0.53	0.72	0.51	-0.06	-0.03	-0.5	-0.36
Non Current Liabilities Total	0.87	0.96	-0.12	0.75	0.73	0.93	0.96	0.41	0.74	0.83	0.88	0.45	0.84	0.71	0.71	0.43		0.75	0.54	0.99	0.82	0.55	0.7	-0.16	0.07	0.4
Inventory	0.97	0.7	0.08	0.95	0.99	0.92	0.66	0.75	0.98	0.69	0.96	0.31	0.88	0.99	0.37	0.75	0.75		0.89	0.83	0.97	0.59	0.39	-0.32	-0.23	-0.15
Other Current Assets	0.83	0.45	0.22	0.92	0.89	0.73	0.38	0.68	0.83	0.6	0.81	0.14	0.78	0.9	0.18	0.68	0.54	0.89		0.65	0.86	0.68	0.15	-0.19	-0.19	-0.23
Total Liab	0.93	0.94	-0.05	0.84	0.81	0.97	0.93	0.5	0.82	0.82	0.94	0.42	0.88	0.8	0.69	0.53	0.99	0.83	0.65		0.88	0.62	0.66	-0.17	0.03	0.29
Total Current Assets	0.98	0.79	-0.01	0.93	0.97	0.94	0.74	0.67	0.95	0.82	0.96	0.31	0.97	0.97	0.4	0.72	0.82	0.97	0.86	0.88		0.66	0.42	-0.34	-0.17	0.0
Short Term Debt	0.65	0.59	-0.05	0.74	0.61	0.6	0.55	0.3	0.6	0.61	0.64	0.0	0.7	0.65	0.28	0.51	0.55	0.59	0.68	0.62	0.66		0.19	-0.24	0.02	0.0
Common Stock	0.5	0.67	-0.14	0.38	0.35	0.58	0.68	0.2	0.42	0.55	0.52	0.72	0.39	0.34	0.82	-0.06	0.7	0.39	0.15	0.66	0.42	0.19		-0.08	0.47	0.37
Other Liab	-0.28	-0.35	0.69	-0.14	-0.34	-0.26	-0.32	-0.15	-0.37	-0.49	-0.26	-0.44	-0.38	-0.36	0.27	-0.03	-0.16	-0.32	-0.19	-0.17	-0.34	-0.24	-0.08		0.25	0.1
Other Assets	-0.14	0.05	0.0	-0.11	-0.25	-0.13	0.05	-0.27	-0.18	0.15	-0.14	0.42	-0.12	-0.24	0.29	-0.5	0.07	-0.23	-0.19	0.03	-0.17	0.02	0.47	0.25		0.33
Long Term Debt	0.0	0.42	-0.06	-0.13	-0.21	0.09	0.41	-0.26	-0.2	0.4	0.0	0.24	0.14	-0.2	0.34	-0.36	0.4	-0.15	-0.23	0.29	0.0	0.0	0.37	0.1	0.33

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Petroleo Brasileiro Account Relationship Matchups

Petroleo Brasileiro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	229.7B	190.0B	174.3B	187.2B	216.3B	206.8B
Short Long Term Debt Total	87.1B	75.5B	58.7B	53.8B	62.4B	69.3B
Other Current Liab	5.2B	2.3B	2.7B	16.8B	12.6B	13.3B
Total Current Liabilities	28.8B	26.2B	24.2B	31.4B	33.7B	27.7B
Total Stockholder Equity	73.3B	59.3B	69.4B	69.5B	78.3B	86.8B
Property Plant And Equipment Net	159.3B	124.2B	125.3B	130.2B	152.9B	137.6B
Net Debt	79.7B	63.8B	48.3B	45.8B	57.4B	55.6B
Retained Earnings	31.0B	24.5B	29.5B	24.4B	32.8B	35.2B
Accounts Payable	5.6B	6.9B	5.5B	5.5B	4.8B	7.3B
Cash	7.4B	11.7B	10.5B	8.0B	5.0B	4.7B
Non Current Assets Total	201.9B	162.6B	144.2B	155.9B	184.0B	166.9B
Non Currrent Assets Other	16.2B	13.7B	13.7B	18.8B	(4.9B)	(4.7B)
Cash And Short Term Investments	8.3B	12.4B	11.1B	10.8B	15.5B	17.2B
Net Receivables	7.3B	7.3B	7.7B	6.3B	7.3B	9.9B
Short Term Investments	888M	659M	650M	2.8B	10.5B	11.0B
Liabilities And Stockholders Equity	229.7B	190.0B	174.3B	187.2B	216.3B	206.8B
Non Current Liabilities Total	126.7B	103.9B	80.4B	86.0B	103.9B	91.3B
Inventory	8.2B	5.7B	7.3B	8.8B	7.7B	9.2B
Other Current Assets	1.5B	1.2B	1.6B	1.8B	1.9B	1.4B
Total Liab	155.5B	130.1B	104.5B	117.4B	137.6B	118.9B
Total Current Assets	27.8B	27.4B	30.1B	31.3B	32.3B	39.8B
Accumulated Other Comprehensive Income	(33.8B)	(47.8B)	(37.7B)	(37.6B)	3.3B	3.4B
Short Term Debt	10.2B	9.9B	9.1B	9.1B	11.5B	8.4B
Other Liab	200.7B	198.8B	30.7B	215.5B	247.9B	260.3B
Other Assets	29.9B	104.7B	14.3B	89.8B	1.0	0.95
Long Term Debt	237.0B	49.7B	32.1B	137.6B	118.8B	121.4B
Property Plant Equipment	641.9B	645.4B	125.3B	679.2B	781.1B	820.1B
Current Deferred Revenue	7.8B	7.2B	6.9B	4.8B	5.5B	6.5B
Other Stockholder Equity	(31.0B)	(24.5B)	(29.5B)	(24.4B)	1.0	0.95
Property Plant And Equipment Gross	159.3B	124.2B	216.4B	231.0B	1.3T	1.4T
Good Will	203M	63M	24M	22M	25.3M	24.1M
Intangible Assets	19.4B	14.9B	3.0B	3.0B	14.6B	10.9B
Net Tangible Assets	217.1B	230.7B	66.4B	347.0B	312.3B	178.6B
Long Term Investments	5.6B	3.3B	1.6B	3.1B	18.3B	19.2B
Short Long Term Debt	4.5B	4.2B	3.6B	3.6B	21.0B	25.3B
Long Term Debt Total	310.0B	341.2B	277.2B	233.1B	209.7B	260.2B
Capital Lease Obligations	23.9B	21.7B	23.0B	23.8B	164.0B	172.2B

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When determining whether Petroleo Brasileiro is a strong investment it is important to analyze Petroleo Brasileiro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Petroleo Brasileiro's future performance. For an informed investment choice regarding Petroleo Stock, refer to the following important reports:

How To Invest In Petroleo

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Is Petroleo Stock a good investment?

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What is Petroleo Brasileiro's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petroleo Brasileiro Petrobras. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the Petroleo Brasileiro information on this page should be used as a complementary analysis to other Petroleo Brasileiro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Petroleo Stock analysis

When running Petroleo Brasileiro's price analysis, check to measure Petroleo 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 Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo 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 Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.

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Is Petroleo Brasileiro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Petroleo Brasileiro. If investors know Petroleo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Petroleo Brasileiro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.28)

Dividend Share

6.268

Earnings Share

3.65

Revenue Per Share

78.634

Quarterly Revenue Growth

(0.15)

The market value of Petroleo Brasileiro is measured differently than its book value, which is the value of Petroleo that is recorded on the company's balance sheet. Investors also form their own opinion of Petroleo Brasileiro's value that differs from its market value or its book value, called intrinsic value, which is Petroleo Brasileiro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Petroleo Brasileiro's market value can be influenced by many factors that don't directly affect Petroleo Brasileiro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Petroleo Brasileiro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petroleo Brasileiro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petroleo 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.

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Petroleo Cost Of Revenue vs Other Operating Expenses Analysis

Cost Of Revenue vs Other Operating Expenses

Cost Of Revenue vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Other Operating Expenses

Petroleo Brasileiro fundamental ratios Correlations

Petroleo Brasileiro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Petroleo Brasileiro fundamental ratios Accounts

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Complementary Tools for Petroleo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Accounts Payable
Inventory	+ 0.99	Net Receivables

Other Assets	- 0.5	Short Term Investments
Other Liab	- 0.49	Cash
Other Liab	- 0.44	Non Currrent Assets Other
Other Liab	- 0.38	Cash And Short Term Investments
Other Liab	- 0.37	Accounts Payable
Long Term Debt	- 0.36	Short Term Investments