Petroleo Ebit vs Interest Income 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 Ebit and its Interest Income 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.

Ebit vs Interest Income

Ebit vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petroleo Brasileiro Ebit account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Petroleo Brasileiro's Ebit and Interest Income is -0.07. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Interest Income 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 Ebit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Petroleo Brasileiro Petrobras are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Ebit i.e., Petroleo Brasileiro's Ebit and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Profit40.8B65.0B51.5B36.0B
Total Revenue84.0B124.5B102.5B95.6B

Petroleo Brasileiro fundamental ratios Correlations

0.82-0.010.950.970.980.80.70.960.781.00.350.920.960.510.70.870.970.830.930.980.650.5-0.28-0.140.0
0.82-0.280.660.680.880.990.310.720.870.830.460.850.680.60.380.960.70.450.940.790.590.67-0.350.050.42
-0.01-0.280.210.02-0.02-0.280.1-0.03-0.32-0.01-0.36-0.090.00.190.3-0.120.080.22-0.05-0.01-0.05-0.140.690.0-0.06
0.950.660.210.940.90.630.710.920.650.940.20.850.940.480.750.750.950.920.840.930.740.38-0.14-0.11-0.13
0.970.680.020.940.910.640.780.980.680.960.280.880.990.340.770.730.990.890.810.970.610.35-0.34-0.25-0.21
0.980.88-0.020.90.910.870.610.920.770.980.390.90.90.610.650.930.920.730.970.940.60.58-0.26-0.130.09
0.80.99-0.280.630.640.870.280.680.810.810.460.790.630.630.360.960.660.380.930.740.550.68-0.320.050.41
0.70.310.10.710.780.610.280.740.310.70.040.540.770.290.630.410.750.680.50.670.30.2-0.15-0.27-0.26
0.960.72-0.030.920.980.920.680.740.690.960.320.880.990.380.730.740.980.830.820.950.60.42-0.37-0.18-0.2
0.780.87-0.320.650.680.770.810.310.690.760.530.890.690.370.260.830.690.60.820.820.610.55-0.490.150.4
1.00.83-0.010.940.960.980.810.70.960.760.360.910.950.530.70.880.960.810.940.960.640.52-0.26-0.140.0
0.350.46-0.360.20.280.390.460.040.320.530.360.260.260.26-0.280.450.310.140.420.310.00.72-0.440.420.24
0.920.85-0.090.850.880.90.790.540.880.890.910.260.890.390.680.840.880.780.880.970.70.39-0.38-0.120.14
0.960.680.00.940.990.90.630.770.990.690.950.260.890.320.760.710.990.90.80.970.650.34-0.36-0.24-0.2
0.510.60.190.480.340.610.630.290.380.370.530.260.390.320.210.710.370.180.690.40.280.820.270.290.34
0.70.380.30.750.770.650.360.630.730.260.7-0.280.680.760.210.430.750.680.530.720.51-0.06-0.03-0.5-0.36
0.870.96-0.120.750.730.930.960.410.740.830.880.450.840.710.710.430.750.540.990.820.550.7-0.160.070.4
0.970.70.080.950.990.920.660.750.980.690.960.310.880.990.370.750.750.890.830.970.590.39-0.32-0.23-0.15
0.830.450.220.920.890.730.380.680.830.60.810.140.780.90.180.680.540.890.650.860.680.15-0.19-0.19-0.23
0.930.94-0.050.840.810.970.930.50.820.820.940.420.880.80.690.530.990.830.650.880.620.66-0.170.030.29
0.980.79-0.010.930.970.940.740.670.950.820.960.310.970.970.40.720.820.970.860.880.660.42-0.34-0.170.0
0.650.59-0.050.740.610.60.550.30.60.610.640.00.70.650.280.510.550.590.680.620.660.19-0.240.020.0
0.50.67-0.140.380.350.580.680.20.420.550.520.720.390.340.82-0.060.70.390.150.660.420.19-0.080.470.37
-0.28-0.350.69-0.14-0.34-0.26-0.32-0.15-0.37-0.49-0.26-0.44-0.38-0.360.27-0.03-0.16-0.32-0.19-0.17-0.34-0.24-0.080.250.1
-0.140.050.0-0.11-0.25-0.130.05-0.27-0.180.15-0.140.42-0.12-0.240.29-0.50.07-0.23-0.190.03-0.170.020.470.250.33
0.00.42-0.06-0.13-0.210.090.41-0.26-0.20.40.00.240.14-0.20.34-0.360.4-0.15-0.230.290.00.00.370.10.33
Click cells to compare fundamentals

Petroleo Brasileiro Account Relationship Matchups

Petroleo 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 Earnings31.0B24.5B29.5B24.4B32.8B35.2B
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
Other Liab200.7B198.8B30.7B215.5B247.9B260.3B
Other Assets29.9B104.7B14.3B89.8B1.00.95
Long Term Debt237.0B49.7B32.1B137.6B118.8B121.4B
Property Plant Equipment641.9B645.4B125.3B679.2B781.1B820.1B
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 Gross159.3B124.2B216.4B231.0B1.3T1.4T
Good Will203M63M24M22M25.3M24.1M
Intangible Assets19.4B14.9B3.0B3.0B14.6B10.9B
Net Tangible Assets217.1B230.7B66.4B347.0B312.3B178.6B
Long Term Investments5.6B3.3B1.6B3.1B18.3B19.2B
Short Long Term Debt4.5B4.2B3.6B3.6B21.0B25.3B
Long Term Debt Total310.0B341.2B277.2B233.1B209.7B260.2B
Capital Lease Obligations23.9B21.7B23.0B23.8B164.0B172.2B

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Petroleo Brasileiro using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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:
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
FinTech Suite
Use AI to screen and filter profitable investment opportunities
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.