Porton Long Term Investments vs Accounts Payable 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 Long Term Investments and its Accounts Payable 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.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Porton Fine Chemicals Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Porton Fine's Long Term Investments and Accounts Payable is 0.59. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable 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 Long Term Investments 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 Long Term Investments of Porton Fine Chemicals 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 Long Term Investments i.e., Porton Fine's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Porton Fine balance sheet that represents investments Porton Fine Chemicals intends to hold for over a year. Porton Fine Chemicals long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Porton Fine 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 Porton Fine Chemicals 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 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 Income	637.6M	2.3B	339.3M	406.4M
Total Revenue	3.1B	7.0B	3.7B	2.0B

Operating Income Total Revenue

Porton Fine fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.34	0.78	0.99	0.99	0.78	0.95	0.94	0.72	0.8	0.87	0.66	0.97	0.95	0.71	0.97	0.83	0.97	-0.62	0.88	0.86	-0.03	0.9	0.73	0.86	-0.75
Other Current Liab	0.34		0.75	0.33	0.32	0.74	0.4	0.3	-0.36	0.75	0.64	-0.16	0.33	0.18	0.37	0.22	0.4	0.2	-0.33	0.43	0.28	0.32	0.54	0.4	0.28	-0.09
Total Current Liabilities	0.78	0.75		0.73	0.75	0.92	0.77	0.71	0.22	0.96	0.9	0.25	0.82	0.7	0.66	0.71	0.74	0.63	-0.63	0.63	0.57	0.37	0.87	0.65	0.68	-0.57
Total Stockholder Equity	0.99	0.33	0.73		0.97	0.75	0.96	0.91	0.7	0.77	0.85	0.62	0.93	0.9	0.74	0.95	0.85	0.98	-0.53	0.89	0.92	-0.06	0.9	0.76	0.84	-0.76
Retained Earnings	0.99	0.32	0.75	0.97		0.79	0.93	0.95	0.73	0.78	0.85	0.68	0.97	0.96	0.64	0.97	0.78	0.97	-0.65	0.89	0.81	-0.12	0.89	0.66	0.89	-0.7
Accounts Payable	0.78	0.74	0.92	0.75	0.79		0.79	0.75	0.21	0.97	0.93	0.28	0.78	0.69	0.55	0.7	0.67	0.69	-0.66	0.72	0.59	0.05	0.89	0.53	0.78	-0.53
Cash	0.95	0.4	0.77	0.96	0.93	0.79		0.82	0.57	0.8	0.83	0.44	0.88	0.84	0.7	0.86	0.82	0.93	-0.46	0.8	0.9	0.05	0.96	0.76	0.79	-0.74
Other Assets	0.94	0.3	0.71	0.91	0.95	0.75	0.82		0.7	0.77	0.84	0.72	0.94	0.91	0.57	0.95	0.71	0.93	-0.77	0.91	0.75	-0.12	0.81	0.61	0.88	-0.68
Long Term Debt	0.72	-0.36	0.22	0.7	0.73	0.21	0.57	0.7		0.21	0.37	0.83	0.73	0.84	0.41	0.82	0.51	0.76	-0.42	0.57	0.53	-0.3	0.42	0.37	0.64	-0.56
Net Receivables	0.8	0.75	0.96	0.77	0.78	0.97	0.8	0.77	0.21		0.95	0.26	0.8	0.68	0.65	0.71	0.75	0.69	-0.64	0.7	0.66	0.2	0.91	0.63	0.74	-0.62
Inventory	0.87	0.64	0.9	0.85	0.85	0.93	0.83	0.84	0.37	0.95		0.42	0.85	0.76	0.76	0.8	0.82	0.78	-0.63	0.81	0.73	0.1	0.92	0.72	0.86	-0.64
Other Current Assets	0.66	-0.16	0.25	0.62	0.68	0.28	0.44	0.72	0.83	0.26	0.42		0.69	0.75	0.28	0.77	0.33	0.69	-0.6	0.68	0.44	-0.42	0.35	0.23	0.64	-0.27
Total Liab	0.97	0.33	0.82	0.93	0.97	0.78	0.88	0.94	0.73	0.8	0.85	0.69		0.97	0.64	0.97	0.77	0.91	-0.73	0.82	0.72	0.04	0.86	0.65	0.85	-0.7
Intangible Assets	0.95	0.18	0.7	0.9	0.96	0.69	0.84	0.91	0.84	0.68	0.76	0.75	0.97		0.61	0.98	0.74	0.9	-0.66	0.79	0.68	-0.1	0.77	0.58	0.84	-0.67
Common Stock	0.71	0.37	0.66	0.74	0.64	0.55	0.7	0.57	0.41	0.65	0.76	0.28	0.64	0.61		0.67	0.95	0.62	-0.13	0.55	0.77	0.33	0.7	0.88	0.55	-0.71
Property Plant Equipment	0.97	0.22	0.71	0.95	0.97	0.7	0.86	0.95	0.82	0.71	0.8	0.77	0.97	0.98	0.67		0.78	0.94	-0.65	0.86	0.76	-0.09	0.79	0.66	0.85	-0.7
Good Will	0.83	0.4	0.74	0.85	0.78	0.67	0.82	0.71	0.51	0.75	0.82	0.33	0.77	0.74	0.95	0.78		0.75	-0.29	0.67	0.83	0.25	0.8	0.85	0.64	-0.84
Net Tangible Assets	0.97	0.2	0.63	0.98	0.97	0.69	0.93	0.93	0.76	0.69	0.78	0.69	0.91	0.9	0.62	0.94	0.75		-0.57	0.9	0.89	-0.18	0.86	0.68	0.86	-0.71
Other Stockholder Equity	-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	-0.26	0.08	-0.56	-0.15	-0.71	0.28
Deferred Long Term Liab	0.88	0.43	0.63	0.89	0.89	0.72	0.8	0.91	0.57	0.7	0.81	0.68	0.82	0.79	0.55	0.86	0.67	0.9	-0.67		0.79	-0.23	0.78	0.6	0.82	-0.49
Long Term Investments	0.86	0.28	0.57	0.92	0.81	0.59	0.9	0.75	0.53	0.66	0.73	0.44	0.72	0.68	0.77	0.76	0.83	0.89	-0.26	0.79		0.01	0.83	0.82	0.66	-0.76
Short Long Term Debt	-0.03	0.32	0.37	-0.06	-0.12	0.05	0.05	-0.12	-0.3	0.2	0.1	-0.42	0.04	-0.1	0.33	-0.09	0.25	-0.18	0.08	-0.23	0.01		0.13	0.43	-0.22	-0.15
Total Current Assets	0.9	0.54	0.87	0.9	0.89	0.89	0.96	0.81	0.42	0.91	0.92	0.35	0.86	0.77	0.7	0.79	0.8	0.86	-0.56	0.78	0.83	0.13		0.74	0.83	-0.7
Short Term Debt	0.73	0.4	0.65	0.76	0.66	0.53	0.76	0.61	0.37	0.63	0.72	0.23	0.65	0.58	0.88	0.66	0.85	0.68	-0.15	0.6	0.82	0.43	0.74		0.56	-0.66
Non Current Assets Total	0.86	0.28	0.68	0.84	0.89	0.78	0.79	0.88	0.64	0.74	0.86	0.64	0.85	0.84	0.55	0.85	0.64	0.86	-0.71	0.82	0.66	-0.22	0.83	0.56		-0.57
Non Currrent Assets Other	-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	-0.71	0.28	-0.49	-0.76	-0.15	-0.7	-0.66	-0.57

Click cells to compare fundamentals

Porton Fine Account Relationship Matchups

Porton Fine fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	4.5B	6.6B	10.1B	9.4B	9.9B
Other Current Liab	58.0M	235.1M	287.9M	333.8M	6.7M	6.4M
Total Current Liabilities	647.2M	984.0M	2.1B	3.0B	1.4B	1.2B
Total Stockholder Equity	3.1B	3.4B	4.0B	6.0B	5.8B	6.1B
Retained Earnings	993.8M	1.3B	1.7B	3.4B	3.0B	3.2B
Accounts Payable	415.5M	512.6M	1.1B	1.8B	796.1M	540.8M
Cash	1.2B	1.3B	1.2B	2.9B	2.0B	2.1B
Other Assets	25.1M	43.6M	67.1M	246.2M	283.2M	297.3M
Long Term Debt	241.7M	107.0M	24.0M	312.9M	1.1B	1.1B
Net Receivables	388.1M	401.0M	1.2B	1.5B	676.4M	473.2M
Inventory	342.9M	429.5M	757.4M	902.2M	717.1M	385.8M
Other Current Assets	20.7M	58.0M	82.2M	55.4M	181.9M	191.0M
Total Liab	891.2M	1.1B	2.4B	3.7B	3.3B	3.4B
Intangible Assets	84.8M	89.5M	130.8M	267.1M	275.2M	288.9M
Property Plant Equipment	1.3B	1.6B	2.3B	3.4B	3.9B	4.1B
Good Will	248.6M	241.7M	280.4M	330.1M	291.3M	240.7M
Net Tangible Assets	2.7B	3.1B	3.6B	5.4B	6.2B	6.5B
Other Stockholder Equity	(5.6M)	8.4M	(4.4M)	(27.3M)	(24.6M)	(23.3M)
Total Current Assets	1.9B	2.2B	3.2B	5.5B	3.7B	2.7B
Non Current Assets Total	2.0B	2.3B	3.4B	4.7B	5.7B	3.2B
Non Currrent Assets Other	26.4M	1.6B	118.8M	103.8M	53.8M	51.1M
Non Current Liabilities Total	244.0M	119.7M	257.4M	656.0M	1.9B	2.0B
Other Liab	2.4M	2.2M	12.7M	26.1M	30.0M	31.5M
Net Invested Capital	3.3B	3.6B	4.4B	6.6B	6.9B	4.8B
Net Working Capital	1.3B	1.2B	1.1B	2.4B	2.3B	1.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Porton Long Term Investments vs Accounts Payable Analysis

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

Correlation Coefficient

Long Term Investments

Accounts Payable

Porton Fine fundamental ratios Correlations

Porton Fine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Porton Fine fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Porton Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Property Plant Equipment	+ 0.98	Intangible Assets
Total Liab	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Total Assets

Non Currrent Assets Other	- 0.84	Good Will
Other Stockholder Equity	- 0.77	Other Assets
Non Currrent Assets Other	- 0.76	Long Term Investments
Non Currrent Assets Other	- 0.76	Total Stockholder Equity
Non Currrent Assets Other	- 0.75	Total Assets
Non Currrent Assets Other	- 0.74	Cash