InPlay Other Current Liab vs Accounts Payable Analysis

IPO Stock  CAD 2.22  0.01  0.45%   
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 Other Current Liab and its Accounts Payable 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.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InPlay Oil Corp Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between InPlay Oil's Other Current Liab and Accounts Payable is 0.06. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable 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 Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of InPlay Oil Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., InPlay Oil's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents InPlay Oil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of InPlay Oil Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 29th of June 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 Expense5.6M4.9M5.4M5.0M
Depreciation And Amortization27.4M43.3M39.0M29.1M

InPlay Oil fundamental ratios Correlations

0.340.220.790.990.660.980.690.60.510.68-0.310.620.730.070.660.080.21-0.06-0.45-0.430.420.01-0.560.490.49
0.340.270.10.350.330.340.33-0.39-0.350.620.070.60.140.14-0.350.620.690.06-0.06-0.02-0.120.74-0.14-0.5-0.33
0.220.27-0.070.29-0.150.240.36-0.04-0.050.35-0.280.660.29-0.070.030.580.65-0.14-0.11-0.10.170.00.3-0.01-0.18
0.790.1-0.070.760.880.850.590.570.730.28-0.060.210.850.170.64-0.43-0.260.22-0.49-0.49-0.02-0.05-0.620.580.79
0.990.350.290.760.610.970.720.60.530.7-0.320.670.760.090.670.110.24-0.05-0.44-0.420.440.01-0.560.50.48
0.660.33-0.150.880.610.690.50.150.380.140.280.060.630.320.23-0.34-0.20.44-0.43-0.42-0.310.34-0.430.20.48
0.980.340.240.850.970.690.660.620.580.69-0.360.650.8-0.020.670.050.21-0.09-0.49-0.470.36-0.04-0.620.510.57
0.690.330.360.590.720.50.660.280.410.410.00.470.760.490.430.00.10.33-0.3-0.290.110.07-0.280.360.44
0.6-0.39-0.040.570.60.150.620.280.820.35-0.580.260.56-0.250.98-0.33-0.24-0.33-0.33-0.340.62-0.64-0.580.90.75
0.51-0.35-0.050.730.530.380.580.410.820.11-0.20.080.730.020.86-0.57-0.440.11-0.43-0.450.15-0.43-0.490.890.85
0.680.620.350.280.70.140.690.410.350.11-0.620.930.41-0.20.340.630.72-0.48-0.11-0.080.590.03-0.510.070.09
-0.310.07-0.28-0.06-0.320.28-0.360.0-0.58-0.2-0.62-0.6-0.170.55-0.49-0.4-0.40.91-0.17-0.18-0.780.620.37-0.27-0.19
0.620.60.660.210.670.060.650.470.260.080.93-0.60.45-0.190.290.720.82-0.44-0.13-0.10.520.02-0.30.050.01
0.730.140.290.850.760.630.80.760.560.730.41-0.170.450.320.69-0.24-0.050.2-0.35-0.350.09-0.15-0.510.60.78
0.070.14-0.070.170.090.32-0.020.49-0.250.02-0.20.55-0.190.32-0.07-0.26-0.290.680.310.31-0.30.320.13-0.070.09
0.66-0.350.030.640.670.230.670.430.980.860.34-0.490.290.69-0.07-0.36-0.25-0.2-0.33-0.340.58-0.6-0.560.920.81
0.080.620.58-0.430.11-0.340.050.0-0.33-0.570.63-0.40.72-0.24-0.26-0.360.96-0.510.20.240.360.240.17-0.55-0.63
0.210.690.65-0.260.24-0.20.210.1-0.24-0.440.72-0.40.82-0.05-0.29-0.250.96-0.460.020.060.330.250.05-0.46-0.48
-0.060.06-0.140.22-0.050.44-0.090.33-0.330.11-0.480.91-0.440.20.68-0.2-0.51-0.46-0.28-0.29-0.710.480.210.00.11
-0.45-0.06-0.11-0.49-0.44-0.43-0.49-0.3-0.33-0.43-0.11-0.17-0.13-0.350.31-0.330.20.02-0.281.00.08-0.10.27-0.45-0.39
-0.43-0.02-0.1-0.49-0.42-0.42-0.47-0.29-0.34-0.45-0.08-0.18-0.1-0.350.31-0.340.240.06-0.291.00.09-0.070.26-0.47-0.41
0.42-0.120.17-0.020.44-0.310.360.110.620.150.59-0.780.520.09-0.30.580.360.33-0.710.080.09-0.55-0.320.330.14
0.010.740.0-0.050.010.34-0.040.07-0.64-0.430.030.620.02-0.150.32-0.60.240.250.48-0.1-0.07-0.550.15-0.53-0.47
-0.56-0.140.3-0.62-0.56-0.43-0.62-0.28-0.58-0.49-0.510.37-0.3-0.510.13-0.560.170.050.210.270.26-0.320.15-0.39-0.6
0.49-0.5-0.010.580.50.20.510.360.90.890.07-0.270.050.6-0.070.92-0.55-0.460.0-0.45-0.470.33-0.53-0.390.8
0.49-0.33-0.180.790.480.480.570.440.750.850.09-0.190.010.780.090.81-0.63-0.480.11-0.39-0.410.14-0.47-0.60.8
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InPlay Oil Account Relationship Matchups

InPlay Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets298.0M211.0M406.5M430.9M473.0M270.7M
Other Current Liab7.3M7.8M11.3M14.8M13.3M19.5M
Total Current Liabilities15.4M60.4M81.2M42.4M35.6M47.3M
Total Stockholder Equity157.6M45.7M189.4M273.1M294.4M309.1M
Property Plant And Equipment Net255.3M201.7M361.5M375.6M421.5M235.5M
Retained Earnings(92.2M)(204.8M)(89.7M)(8.5M)8.1M8.5M
Non Current Assets Total285.6M201.7M382.9M395.3M439.9M346.8M
Net Receivables8.8M6.3M16.9M22.5M13.4M12.1M
Liabilities And Stockholders Equity298.0M211.0M406.5M430.9M387.8M265.0M
Non Current Liabilities Total125.0M104.9M135.9M115.4M143.0M122.9M
Other Current Assets3.3M2.8M3.0M6.6M6.0M3.5M
Total Liab140.4M165.3M217.1M157.9M178.6M175.6M
Property Plant And Equipment Gross255.3M201.7M628.9M684.6M777.8M816.7M
Total Current Assets12.4M9.3M23.6M35.6M33.1M18.5M
Short Long Term Debt Total54.7M64.4M79.7M29.5M26.6M25.2M
Net Debt55.8M64.9M80.3M29.9M47.2M54.5M
Accounts Payable7.6M13.5M16.7M27.3M20.5M19.1M
Other Stockholder Equity15.4M16.1M16.6M18.2M16.4M15.6M
Accumulated Other Comprehensive Income(162.5M)(185.6M)(215.4M)(301.9M)(271.7M)(285.3M)
Short Term Debt462K39.1M53.2M320K288K273.6K
Other Liab70.8M79.6M109.4M86.2M99.1M65.5M
Net Tangible Assets157.6M45.7M189.4M273.1M314.0M329.7M
Other Assets30.3M0.021.4M19.7M22.6M28.6M
Property Plant Equipment255.3M201.7M361.5M375.6M431.9M243.0M
Long Term Debt53.6M25.2M26.3M29.2M47.2M34.0M
Capital Surpluse15.4M16.1M16.6M18.2M21.0M15.3M
Long Term Debt Total54.2M25.3M26.5M29.2M26.3M29.2M
Net Invested Capital211.2M109.6M268.5M302.3M341.5M266.7M
Net Working Capital(3.0M)(51.0M)(57.6M)(6.8M)(2.6M)(2.7M)
Inventory1.4M874K3.7M6.8M8.9M9.3M

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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.