Porton Short Long Term Debt vs Non Current Assets Total 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 Short Long Term Debt and its Non Current Assets Total 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.

Short Long Term Debt vs Non Current Assets Total

Short Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Porton Fine Chemicals Short Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Porton Fine's Short Long Term Debt and Non Current Assets Total is -0.22. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Non Current Assets Total 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 Short Long Term Debt and Non Current Assets 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 Short Long Term Debt of Porton Fine Chemicals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Long Term Debt i.e., Porton Fine's Short Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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
Click cells to compare fundamentals

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

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.

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.