Piotech Dividends Paid vs Net Income Analysis

688072 Stock   148.07  3.29  2.17%   
Piotech financial indicator trend analysis is much more than just breaking down Piotech Inc A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piotech Inc A is a good investment. Please check the relationship between Piotech Dividends Paid and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Piotech Inc A. 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.

Dividends Paid vs Net Income

Dividends Paid vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piotech Inc A Dividends Paid account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Piotech's Dividends Paid and Net Income is 0.95. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of Piotech Inc A, assuming nothing else is changed. The correlation between historical values of Piotech's Dividends Paid and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Piotech Inc A are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Dividends Paid i.e., Piotech's Dividends Paid and Net Income go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Piotech Inc A financial statement analysis. It represents the amount of money remaining after all of Piotech Inc A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Piotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piotech Inc A 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 Piotech Inc A. 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 483 M. The current year's Tax Provision is expected to grow to about 78.5 M
 2022 2023 2024 2025 (projected)
Interest Income30.8M62.0M71.3M74.9M
Net Interest Income27.7M29.7M34.2M20.0M

Piotech fundamental ratios Correlations

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0.870.80.80.860.890.840.670.930.910.690.930.90.890.870.880.850.950.840.870.980.950.930.951.00.43
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Piotech Account Relationship Matchups

Piotech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.5B7.3B10.0B11.5B12.0B
Other Current Liab17.5M63.4M181.6M179.5M206.4M109.5M
Total Current Liabilities393.5M1.0B2.9B3.0B3.4B3.6B
Total Stockholder Equity1.1B1.2B3.7B4.6B5.3B5.5B
Retained Earnings(254.8M)83.8M404.4M1.0B1.2B1.2B
Accounts Payable214.0M406.0M871.4M1.1B1.2B1.3B
Cash1.0B964.8M3.8B2.7B3.1B1.9B
Non Current Assets Total205.0M343.1M493.4M1.5B1.7B1.8B
Net Receivables71.9M102.6M261.9M529.7M609.2M639.6M
Non Current Liabilities Total298.0M308.6M659.0M2.4B2.8B2.9B
Inventory512.1M953.2M2.3B4.6B5.2B5.5B
Other Current Assets11.7M88.8M256.7M460.0M529.0M555.5M
Total Liab691.6M1.3B3.6B5.4B6.2B6.5B
Net Invested Capital1.1B1.2B4.4B6.6B7.6B8.0B
Total Current Assets1.6B2.2B6.8B8.5B9.7B10.2B
Non Current Liabilities Other27.6M49.4M98.4M116.0M133.4M66.9M
Net Working Capital1.2B1.2B3.9B5.5B6.3B6.6B
Intangible Assets38.2M42.6M43.9M91.7M105.4M56.4M

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Other Information on Investing in Piotech Stock

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