Porton Good Will vs Non Currrent Assets Other Analysis

300363 Stock   17.46  0.27  1.57%   
Porton Fine financial indicator trend analysis is much more than just breaking down Porton Fine Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Porton Fine Chemicals is a good investment. Please check the relationship between Porton Fine Good Will and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Porton Fine Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Non Currrent Assets Other

Good Will vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Porton Fine Chemicals Good Will account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Porton Fine's Good Will and Non Currrent Assets Other is -0.84. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Porton Fine Chemicals, assuming nothing else is changed. The correlation between historical values of Porton Fine's Good Will and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Porton Fine Chemicals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Good Will i.e., Porton Fine's Good Will and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Porton Fine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Porton Fine Chemicals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Porton Fine Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 354 M. The current year's Tax Provision is expected to grow to about 81.5 M
 2021 2022 2023 2024 (projected)
Operating Income637.6M2.3B339.3M406.4M
Total Revenue3.1B7.0B3.7B2.0B

Porton Fine fundamental ratios Correlations

0.340.780.990.990.780.950.940.720.80.870.660.970.950.710.970.830.97-0.620.880.86-0.030.90.730.86-0.75
0.340.750.330.320.740.40.3-0.360.750.64-0.160.330.180.370.220.40.2-0.330.430.280.320.540.40.28-0.09
0.780.750.730.750.920.770.710.220.960.90.250.820.70.660.710.740.63-0.630.630.570.370.870.650.68-0.57
0.990.330.730.970.750.960.910.70.770.850.620.930.90.740.950.850.98-0.530.890.92-0.060.90.760.84-0.76
0.990.320.750.970.790.930.950.730.780.850.680.970.960.640.970.780.97-0.650.890.81-0.120.890.660.89-0.7
0.780.740.920.750.790.790.750.210.970.930.280.780.690.550.70.670.69-0.660.720.590.050.890.530.78-0.53
0.950.40.770.960.930.790.820.570.80.830.440.880.840.70.860.820.93-0.460.80.90.050.960.760.79-0.74
0.940.30.710.910.950.750.820.70.770.840.720.940.910.570.950.710.93-0.770.910.75-0.120.810.610.88-0.68
0.72-0.360.220.70.730.210.570.70.210.370.830.730.840.410.820.510.76-0.420.570.53-0.30.420.370.64-0.56
0.80.750.960.770.780.970.80.770.210.950.260.80.680.650.710.750.69-0.640.70.660.20.910.630.74-0.62
0.870.640.90.850.850.930.830.840.370.950.420.850.760.760.80.820.78-0.630.810.730.10.920.720.86-0.64
0.66-0.160.250.620.680.280.440.720.830.260.420.690.750.280.770.330.69-0.60.680.44-0.420.350.230.64-0.27
0.970.330.820.930.970.780.880.940.730.80.850.690.970.640.970.770.91-0.730.820.720.040.860.650.85-0.7
0.950.180.70.90.960.690.840.910.840.680.760.750.970.610.980.740.9-0.660.790.68-0.10.770.580.84-0.67
0.710.370.660.740.640.550.70.570.410.650.760.280.640.610.670.950.62-0.130.550.770.330.70.880.55-0.71
0.970.220.710.950.970.70.860.950.820.710.80.770.970.980.670.780.94-0.650.860.76-0.090.790.660.85-0.7
0.830.40.740.850.780.670.820.710.510.750.820.330.770.740.950.780.75-0.290.670.830.250.80.850.64-0.84
0.970.20.630.980.970.690.930.930.760.690.780.690.910.90.620.940.75-0.570.90.89-0.180.860.680.86-0.71
-0.62-0.33-0.63-0.53-0.65-0.66-0.46-0.77-0.42-0.64-0.63-0.6-0.73-0.66-0.13-0.65-0.29-0.57-0.67-0.260.08-0.56-0.15-0.710.28
0.880.430.630.890.890.720.80.910.570.70.810.680.820.790.550.860.670.9-0.670.79-0.230.780.60.82-0.49
0.860.280.570.920.810.590.90.750.530.660.730.440.720.680.770.760.830.89-0.260.790.010.830.820.66-0.76
-0.030.320.37-0.06-0.120.050.05-0.12-0.30.20.1-0.420.04-0.10.33-0.090.25-0.180.08-0.230.010.130.43-0.22-0.15
0.90.540.870.90.890.890.960.810.420.910.920.350.860.770.70.790.80.86-0.560.780.830.130.740.83-0.7
0.730.40.650.760.660.530.760.610.370.630.720.230.650.580.880.660.850.68-0.150.60.820.430.740.56-0.66
0.860.280.680.840.890.780.790.880.640.740.860.640.850.840.550.850.640.86-0.710.820.66-0.220.830.56-0.57
-0.75-0.09-0.57-0.76-0.7-0.53-0.74-0.68-0.56-0.62-0.64-0.27-0.7-0.67-0.71-0.7-0.84-0.710.28-0.49-0.76-0.15-0.7-0.66-0.57
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Porton Fine Account Relationship Matchups

Porton Fine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.5B6.6B10.1B9.4B9.9B
Other Current Liab58.0M235.1M287.9M333.8M6.7M6.4M
Total Current Liabilities647.2M984.0M2.1B3.0B1.4B1.2B
Total Stockholder Equity3.1B3.4B4.0B6.0B5.8B6.1B
Retained Earnings993.8M1.3B1.7B3.4B3.0B3.2B
Accounts Payable415.5M512.6M1.1B1.8B796.1M540.8M
Cash1.2B1.3B1.2B2.9B2.0B2.1B
Other Assets25.1M43.6M67.1M246.2M283.2M297.3M
Long Term Debt241.7M107.0M24.0M312.9M1.1B1.1B
Net Receivables388.1M401.0M1.2B1.5B676.4M473.2M
Inventory342.9M429.5M757.4M902.2M717.1M385.8M
Other Current Assets20.7M58.0M82.2M55.4M181.9M191.0M
Total Liab891.2M1.1B2.4B3.7B3.3B3.4B
Intangible Assets84.8M89.5M130.8M267.1M275.2M288.9M
Property Plant Equipment1.3B1.6B2.3B3.4B3.9B4.1B
Good Will248.6M241.7M280.4M330.1M291.3M240.7M
Net Tangible Assets2.7B3.1B3.6B5.4B6.2B6.5B
Other Stockholder Equity(5.6M)8.4M(4.4M)(27.3M)(24.6M)(23.3M)
Total Current Assets1.9B2.2B3.2B5.5B3.7B2.7B
Non Current Assets Total2.0B2.3B3.4B4.7B5.7B3.2B
Non Currrent Assets Other26.4M1.6B118.8M103.8M53.8M51.1M
Non Current Liabilities Total244.0M119.7M257.4M656.0M1.9B2.0B
Other Liab2.4M2.2M12.7M26.1M30.0M31.5M
Net Invested Capital3.3B3.6B4.4B6.6B6.9B4.8B
Net Working Capital1.3B1.2B1.1B2.4B2.3B1.5B

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Other Information on Investing in Porton Stock

Balance Sheet is a snapshot of the financial position of Porton Fine Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Porton Fine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Porton Fine 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 Porton currently owns. An asset can also be divided into two categories, current and non-current.