Prestige Other Current Assets from 2010 to 2024

PWM Stock   0.95  0.08  7.77%   
Prestige Wealth Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to grow to about 6.6 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
6.3 M
Current Value
6.6 M
Quarterly Volatility
2.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prestige Wealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prestige Wealth's main balance sheet or income statement drivers, such as Net Income Applicable To Common Shares of 1.4 M, Depreciation And Amortization of 54.7 K or Selling General Administrative of 727.3 K, as well as many indicators such as Price To Sales Ratio of 74.31, Dividend Yield of 0.0024 or PTB Ratio of 9.52. Prestige financial statements analysis is a perfect complement when working with Prestige Wealth Valuation or Volatility modules.
  
Check out the analysis of Prestige Wealth Correlation against competitors.

Latest Prestige Wealth's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Prestige Wealth Ordinary over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Prestige Wealth's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prestige Wealth's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Prestige Other Current Assets Regression Statistics

Arithmetic Mean2,082,881
Geometric Mean1,418,474
Coefficient Of Variation103.94
Mean Deviation1,667,557
Median803,238
Standard Deviation2,164,940
Sample Variance4.7T
Range5.8M
R-Value0.80
Mean Square Error1.9T
R-Squared0.63
Significance0.0004
Slope385,190
Total Sum of Squares65.6T

Prestige Other Current Assets History

20246.6 M
20236.3 M
20225.5 M
20212.4 M
20201.8 M
20191.3 M

About Prestige Wealth Financial Statements

Prestige Wealth investors utilize fundamental indicators, such as Other Current Assets, to predict how Prestige Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets6.3 M6.6 M

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When determining whether Prestige Wealth Ordinary is a strong investment it is important to analyze Prestige Wealth'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 Prestige Wealth's future performance. For an informed investment choice regarding Prestige Stock, refer to the following important reports:
Check out the analysis of Prestige Wealth Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Asset Management & Custody Banks space 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 Prestige Wealth. If investors know Prestige 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 Prestige Wealth 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
(0.82)
Earnings Share
(0.13)
Revenue Per Share
0.042
Quarterly Revenue Growth
(0.68)
Return On Assets
(0.11)
The market value of Prestige Wealth Ordinary is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Wealth's value that differs from its market value or its book value, called intrinsic value, which is Prestige Wealth'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 Prestige Wealth's market value can be influenced by many factors that don't directly affect Prestige Wealth'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 Prestige Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Wealth'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.