InPlay Common Stock Total Equity vs Short Long Term Debt Total Analysis

IPO Stock

CAD 1.99 0.05 2.58%

InPlay Oil financial indicator trend analysis is infinitely more than just investigating InPlay Oil Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InPlay Oil Corp is a good investment. Please check the relationship between InPlay Oil Common Stock Total Equity and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InPlay Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Total Equity vs Short Long Term Debt Total

Common Stock Total Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InPlay Oil Corp Common Stock Total Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between InPlay Oil's Common Stock Total Equity and Short Long Term Debt Total is -0.27. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of InPlay Oil Corp, assuming nothing else is changed. The correlation between historical values of InPlay Oil's Common Stock Total Equity and Short Long Term Debt 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 Common Stock Total Equity of InPlay Oil Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Total Equity i.e., InPlay Oil's Common Stock Total Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Short Long Term Debt Total

Most indicators from InPlay Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InPlay Oil Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InPlay Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, InPlay Oil's Tax Provision is very stable compared to the past year. As of the 28th of September 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Selling General Administrative is likely to drop about 8.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	5.6M	4.9M	5.4M	5.0M
Depreciation And Amortization	28.6M	44.8M	50.9M	30.1M

Interest Expense Depreciation And Amortization

InPlay Oil fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Good Will	Other Stockholder Equity	Current Deferred Revenue	Short Term Debt	Other Liab
Total Assets		0.22	0.22	0.79	0.99	0.66	0.98	0.75	0.6	0.49	0.68	-0.31	0.62	0.73	0.07	0.63	0.14	0.22	-0.01	-0.45	-0.43	0.42	0.01	0.35	-0.56	0.49
Other Current Liab	0.22		-0.03	0.05	0.23	0.27	0.21	0.2	-0.37	-0.35	0.51	0.14	0.4	0.03	0.2	-0.37	0.47	0.48	0.08	0.02	0.06	-0.13	0.77	0.1	-0.25	-0.47
Total Current Liabilities	0.22	-0.03		-0.07	0.29	-0.15	0.24	0.31	-0.04	-0.03	0.35	-0.27	0.66	0.29	-0.07	0.05	0.62	0.65	-0.14	-0.11	-0.12	0.17	0.01	0.21	0.3	-0.01
Total Stockholder Equity	0.79	0.05	-0.07		0.76	0.88	0.85	0.66	0.57	0.71	0.28	-0.06	0.21	0.85	0.17	0.63	-0.32	-0.25	0.26	-0.49	-0.48	-0.02	-0.04	0.45	-0.62	0.58
Property Plant And Equipment Net	0.99	0.23	0.29	0.76		0.61	0.97	0.78	0.6	0.5	0.71	-0.32	0.68	0.76	0.09	0.64	0.18	0.26	-0.01	-0.45	-0.43	0.43	0.02	0.34	-0.55	0.5
Retained Earnings	0.66	0.27	-0.15	0.88	0.61		0.69	0.54	0.15	0.35	0.14	0.29	0.06	0.63	0.32	0.2	-0.25	-0.19	0.47	-0.43	-0.42	-0.31	0.35	0.63	-0.43	0.2
Non Current Assets Total	0.98	0.21	0.24	0.85	0.97	0.69		0.71	0.62	0.55	0.69	-0.36	0.65	0.8	-0.02	0.66	0.14	0.22	-0.05	-0.49	-0.47	0.36	-0.03	0.35	-0.62	0.51
Net Receivables	0.75	0.2	0.31	0.66	0.78	0.54	0.71		0.37	0.46	0.42	0.0	0.46	0.83	0.54	0.49	0.01	0.06	0.38	-0.31	-0.33	0.19	0.04	0.21	-0.34	0.43
Common Stock Total Equity	0.6	-0.37	-0.04	0.57	0.6	0.15	0.62	0.37		0.82	0.35	-0.59	0.26	0.56	-0.25	0.98	-0.27	-0.23	-0.28	-0.33	-0.33	0.62	-0.64	-0.08	-0.58	0.9
Common Stock Shares Outstanding	0.49	-0.35	-0.03	0.71	0.5	0.35	0.55	0.46	0.82		0.09	-0.22	0.07	0.72	0.01	0.87	-0.49	-0.43	0.12	-0.41	-0.42	0.16	-0.44	0.19	-0.48	0.89
Non Current Liabilities Total	0.68	0.51	0.35	0.28	0.71	0.14	0.69	0.42	0.35	0.09		-0.62	0.93	0.41	-0.2	0.34	0.7	0.73	-0.46	-0.11	-0.08	0.59	0.03	-0.15	-0.51	0.07
Other Current Assets	-0.31	0.14	-0.27	-0.06	-0.32	0.29	-0.36	0.0	-0.59	-0.22	-0.62		-0.6	-0.17	0.55	-0.54	-0.43	-0.41	0.89	-0.17	-0.19	-0.8	0.63	0.44	0.39	-0.26
Total Liab	0.62	0.4	0.66	0.21	0.68	0.06	0.65	0.46	0.26	0.07	0.93	-0.6		0.45	-0.19	0.29	0.79	0.83	-0.42	-0.13	-0.11	0.52	0.02	-0.04	-0.3	0.05
Property Plant And Equipment Gross	0.73	0.03	0.29	0.85	0.76	0.63	0.8	0.83	0.56	0.72	0.41	-0.17	0.45		0.32	0.66	-0.08	-0.03	0.25	-0.35	-0.35	0.09	-0.14	0.26	-0.51	0.6
Total Current Assets	0.07	0.2	-0.07	0.17	0.09	0.32	-0.02	0.54	-0.25	0.01	-0.2	0.55	-0.19	0.32		-0.15	-0.23	-0.28	0.71	0.31	0.29	-0.3	0.33	0.07	0.13	-0.07
Common Stock	0.63	-0.37	0.05	0.63	0.64	0.2	0.66	0.49	0.98	0.87	0.34	-0.54	0.29	0.66	-0.15		-0.29	-0.24	-0.2	-0.34	-0.35	0.55	-0.62	-0.04	-0.55	0.93
Short Long Term Debt Total	0.14	0.47	0.62	-0.32	0.18	-0.25	0.14	0.01	-0.27	-0.49	0.7	-0.43	0.79	-0.08	-0.23	-0.29		0.99	-0.5	0.18	0.21	0.35	0.22	-0.15	0.08	-0.51
Net Debt	0.22	0.48	0.65	-0.25	0.26	-0.19	0.22	0.06	-0.23	-0.43	0.73	-0.41	0.83	-0.03	-0.28	-0.24	0.99		-0.46	0.02	0.05	0.34	0.24	-0.06	0.04	-0.45
Accounts Payable	-0.01	0.08	-0.14	0.26	-0.01	0.47	-0.05	0.38	-0.28	0.12	-0.46	0.89	-0.42	0.25	0.71	-0.2	-0.5	-0.46		-0.29	-0.31	-0.66	0.46	0.43	0.17	0.04
Cash	-0.45	0.02	-0.11	-0.49	-0.45	-0.43	-0.49	-0.31	-0.33	-0.41	-0.11	-0.17	-0.13	-0.35	0.31	-0.34	0.18	0.02	-0.29		1.0	0.08	-0.11	-0.57	0.27	-0.45
Cash And Short Term Investments	-0.43	0.06	-0.12	-0.48	-0.43	-0.42	-0.47	-0.33	-0.33	-0.42	-0.08	-0.19	-0.11	-0.35	0.29	-0.35	0.21	0.05	-0.31	1.0		0.09	-0.08	-0.56	0.25	-0.46
Good Will	0.42	-0.13	0.17	-0.02	0.43	-0.31	0.36	0.19	0.62	0.16	0.59	-0.8	0.52	0.09	-0.3	0.55	0.35	0.34	-0.66	0.08	0.09		-0.56	-0.44	-0.32	0.33
Other Stockholder Equity	0.01	0.77	0.01	-0.04	0.02	0.35	-0.03	0.04	-0.64	-0.44	0.03	0.63	0.02	-0.14	0.33	-0.62	0.22	0.24	0.46	-0.11	-0.08	-0.56		0.52	0.14	-0.52
Current Deferred Revenue	0.35	0.1	0.21	0.45	0.34	0.63	0.35	0.21	-0.08	0.19	-0.15	0.44	-0.04	0.26	0.07	-0.04	-0.15	-0.06	0.43	-0.57	-0.56	-0.44	0.52		0.0	0.1
Short Term Debt	-0.56	-0.25	0.3	-0.62	-0.55	-0.43	-0.62	-0.34	-0.58	-0.48	-0.51	0.39	-0.3	-0.51	0.13	-0.55	0.08	0.04	0.17	0.27	0.25	-0.32	0.14	0.0		-0.39
Other Liab	0.49	-0.47	-0.01	0.58	0.5	0.2	0.51	0.43	0.9	0.89	0.07	-0.26	0.05	0.6	-0.07	0.93	-0.51	-0.45	0.04	-0.45	-0.46	0.33	-0.52	0.1	-0.39

Click cells to compare fundamentals

InPlay Oil Account Relationship Matchups

InPlay Oil fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	298.0M	211.0M	406.5M	430.9M	473.0M	270.7M
Other Current Liab	7.3M	1.3M	524K	14.8M	10.2M	13.7M
Total Current Liabilities	15.4M	60.4M	81.2M	42.4M	35.6M	47.3M
Total Stockholder Equity	157.6M	45.7M	189.4M	273.1M	294.4M	309.1M
Property Plant And Equipment Net	255.3M	201.7M	361.5M	375.6M	409.4M	235.0M
Retained Earnings	(92.2M)	(204.8M)	(89.7M)	(8.5M)	8.1M	8.5M
Non Current Assets Total	285.6M	201.7M	382.9M	395.3M	439.9M	346.8M
Net Receivables	8.8M	6.3M	16.9M	22.5M	19.1M	12.4M
Liabilities And Stockholders Equity	298.0M	211.0M	406.5M	430.9M	473.0M	270.7M
Non Current Liabilities Total	125.0M	104.9M	135.9M	115.4M	143.0M	122.9M
Other Current Assets	3.3M	2.8M	3.5M	6.6M	5.1M	3.5M
Total Liab	140.4M	165.3M	217.1M	157.9M	178.6M	175.6M
Property Plant And Equipment Gross	255.3M	201.7M	628.9M	684.6M	777.8M	816.7M
Total Current Assets	12.4M	9.3M	23.6M	35.6M	33.1M	18.5M
Short Long Term Debt Total	54.7M	64.4M	79.7M	29.5M	51.3M	56.2M
Net Debt	55.8M	64.9M	80.3M	29.9M	51.3M	54.6M
Accounts Payable	7.6M	13.5M	16.7M	27.3M	25.2M	19.4M
Cash And Short Term Investments	(1.1M)	(553K)	(578K)	(320K)	(288K)	(273.6K)
Other Stockholder Equity	15.4M	16.1M	16.6M	18.2M	19.5M	18.6M
Short Term Debt	462K	39.1M	53.2M	320K	304K	288.8K
Other Liab	70.8M	79.6M	109.4M	86.2M	99.1M	65.5M
Net Tangible Assets	157.6M	45.7M	189.4M	273.1M	314.0M	329.7M
Other Assets	30.3M	0.0	21.4M	19.7M	1.0	0.95
Inventory	1.4M	874K	3.7M	6.8M	8.9M	9.3M
Property Plant Equipment	255.3M	201.7M	361.5M	375.6M	431.9M	243.0M
Long Term Debt	53.6M	25.2M	26.3M	29.2M	47.2M	34.0M
Capital Surpluse	15.4M	16.1M	16.6M	18.2M	21.0M	15.3M
Non Currrent Assets Other	4.5M	306.4M	285.6M	12.0M	13.8M	13.1M
Long Term Debt Total	54.2M	25.3M	26.5M	29.2M	26.3M	29.2M
Net Invested Capital	211.2M	109.6M	268.5M	302.3M	341.5M	266.7M
Net Working Capital	(3.0M)	(51.0M)	(57.6M)	(6.8M)	(2.6M)	(2.7M)

Pair Trading with InPlay Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if InPlay Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in InPlay Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against InPlay Stock

0.83	WMT	Walmart Inc CDR	Pair Corr
0.82	ENB-PFV	Enbridge Pref 5	Pair Corr
0.8	ENS	E Split Corp	Pair Corr
0.67	ENB-PFU	Enbridge Pref L	Pair Corr
0.57	META	Meta Platforms CDR	Pair Corr

The ability to find closely correlated positions to InPlay Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InPlay Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back InPlay Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling InPlay Oil Corp to buy it.

The correlation of InPlay Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as InPlay Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InPlay Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for InPlay Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in InPlay Stock

Balance Sheet is a snapshot of the financial position of InPlay Oil Corp at a specified time, usually calculated after every quarter, six months, or one year. InPlay Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of InPlay Oil and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which InPlay currently owns. An asset can also be divided into two categories, current and non-current.

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InPlay Common Stock Total Equity vs Short Long Term Debt Total Analysis

Common Stock Total Equity vs Short Long Term Debt Total

Common Stock Total Equity vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Short Long Term Debt Total

InPlay Oil fundamental ratios Correlations

InPlay Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

InPlay Oil fundamental ratios Accounts

Pair Trading with InPlay Oil

Moving against InPlay Stock

Other Information on Investing in InPlay Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Common Stock	+ 0.98	Common Stock Total Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net

Good Will	- 0.8	Other Current Assets
Good Will	- 0.66	Accounts Payable
Other Stockholder Equity	- 0.64	Common Stock Total Equity
Other Stockholder Equity	- 0.62	Common Stock
Other Current Assets	- 0.62	Non Current Liabilities Total
Short Term Debt	- 0.62	Non Current Assets Total