Petroleo Selling And Marketing Expenses 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 Selling And Marketing Expenses 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.

Selling And Marketing Expenses vs Interest Income

Selling And Marketing Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petroleo Brasileiro Selling And Marketing Expenses account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Petroleo Brasileiro's Selling And Marketing Expenses and Interest Income is -0.62. Overlapping area represents the amount of variation of Selling And Marketing Expenses 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 Selling And Marketing Expenses 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 Selling And Marketing Expenses 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 Selling And Marketing Expenses i.e., Petroleo Brasileiro's Selling And Marketing Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Selling And Marketing Expenses

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

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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:
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.