Pioneer Other Current Assets vs Retained Earnings Analysis
HNW Stock | USD 12.33 0.05 0.41% |
Pioneer Diversified financial indicator trend analysis is much more than just breaking down Pioneer Diversified High prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Diversified High is a good investment. Please check the relationship between Pioneer Diversified Other Current Assets and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Diversified High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Other Current Assets vs Retained Earnings
Other Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pioneer Diversified High Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pioneer Diversified's Other Current Assets and Retained Earnings is 0.34. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Pioneer Diversified High, assuming nothing else is changed. The correlation between historical values of Pioneer Diversified's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Pioneer Diversified High are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Pioneer Diversified's Other Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Pioneer Diversified's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Diversified High 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Diversified High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Pioneer Diversified's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 12.27 in 2024, whereas Selling General Administrative is likely to drop slightly above 448 K in 2024.
Pioneer Diversified fundamental ratios Correlations
Click cells to compare fundamentals
Pioneer Diversified Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pioneer Diversified fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 152.2M | 194.7M | 172.6M | 142.4M | 147.7M | 163.3M | |
Total Stockholder Equity | 105.0M | 130.6M | 113.2M | 97.8M | 104.3M | 111.6M | |
Net Tangible Assets | 134.9M | 105.0M | 130.6M | 113.2M | 101.9M | 110.9M | |
Retained Earnings | (65.8M) | (40.3M) | (57.7M) | (72.8M) | (66.2M) | (62.9M) | |
Accounts Payable | 1.9M | 1.5M | 3.4M | 1.8M | 1.9M | 1.8M | |
Other Assets | 156.0 | 51.0 | 52.0 | 75.0 | 147.7M | 155.1M | |
Net Receivables | 2.8M | 4.2M | 6.9M | 2.2M | 2.0M | 3.3M | |
Total Liab | 47.2M | 64.1M | 59.4M | 44.7M | 43.4M | 51.6M | |
Long Term Investments | 149.2M | 190.5M | 164.8M | 139.1M | 144.2M | 152.1M | |
Cash | 195.8K | 270.0K | 18.8K | 432.2K | 1.4M | 942.7K | |
Short Long Term Debt Total | 45M | 62.4M | 55.9M | 42.6M | 41.3M | 47.1M | |
Other Current Liab | 45.1M | (1.5M) | (3.4M) | (1.8M) | 27.1K | 25.8K | |
Total Current Liabilities | 47.0M | 64.1M | 59.4M | 44.7M | 1.9M | 1.8M | |
Net Debt | 44.8M | 62.1M | 55.8M | 42.1M | (1.4M) | (1.3M) | |
Non Current Assets Total | 149.2M | 190.2M | 164.8M | 139.0M | 125.1M | 161.0M | |
Non Currrent Assets Other | (8.2K) | (290.2K) | (18.8K) | (69.5K) | (144.2M) | (151.5M) | |
Cash And Short Term Investments | 200.7K | 270.0K | 18.8K | 432.2K | 1.6M | 831.4K | |
Liabilities And Stockholders Equity | 152.2M | 194.7M | 172.6M | 142.4M | 147.7M | 161.7M | |
Non Current Liabilities Total | 45M | 62.4M | 55.9M | 42.6M | 41.3M | 47.1M | |
Other Stockholder Equity | (105.0M) | (130.6M) | (113.2M) | (97.8M) | (88.0M) | (83.6M) | |
Total Current Assets | 3.0M | 4.5M | 7.8M | 3.4M | 3.1M | 4.3M | |
Other Current Assets | (3.0M) | 20.2K | 1.8M | 1.6M | (3.6M) | (3.4M) | |
Short Term Investments | (8.2K) | (290.2K) | (18.8K) | (69.5K) | 171.1K | 179.6K | |
Net Invested Capital | 150.0M | 132.0M | 169.0M | 140.3M | 145.6M | 130.2M |
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When running Pioneer Diversified's price analysis, check to measure Pioneer Diversified's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pioneer Diversified is operating at the current time. Most of Pioneer Diversified's value examination focuses on studying past and present price action to predict the probability of Pioneer Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Diversified's price. Additionally, you may evaluate how the addition of Pioneer Diversified to your portfolios can decrease your overall portfolio volatility.