Pioneer Non Current Assets Total vs Other Current Liab Analysis

MHI Stock  USD 9.44  0.03  0.32%   
Pioneer Municipal financial indicator trend analysis is much more than just breaking down Pioneer Municipal High prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Municipal High is a good investment. Please check the relationship between Pioneer Municipal Non Current Assets Total and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal 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 rate.

Non Current Assets Total vs Other Current Liab

Non Current Assets Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pioneer Municipal High Non Current Assets Total account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pioneer Municipal's Non Current Assets Total and Other Current Liab is 0.74. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Pioneer Municipal High, assuming nothing else is changed. The correlation between historical values of Pioneer Municipal's Non Current Assets Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Pioneer Municipal High are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Assets Total i.e., Pioneer Municipal's Non Current Assets Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Other Current Liab

Most indicators from Pioneer Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Municipal 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal 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 rate.
As of now, Pioneer Municipal's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Net Interest Income15.4M12.0M10.8M12.6M
Interest Income16.7M16.5M17.2M12.3M

Pioneer Municipal fundamental ratios Correlations

0.760.70.9-0.370.010.61-0.110.950.740.190.340.76-0.630.99-0.37-0.450.10.62-0.210.390.79-0.360.40.740.65
0.760.980.880.170.020.8-0.490.70.390.120.790.56-0.280.65-0.33-0.390.270.56-0.510.590.56-0.020.630.390.35
0.70.980.810.25-0.020.75-0.430.710.35-0.010.870.51-0.280.59-0.3-0.320.250.48-0.440.510.5-0.020.560.350.33
0.90.880.81-0.12-0.140.75-0.360.830.620.260.470.71-0.520.86-0.2-0.320.220.67-0.530.540.73-0.290.550.620.49
-0.370.170.25-0.120.18-0.17-0.11-0.29-0.68-0.270.51-0.620.7-0.450.170.33-0.08-0.46-0.070.03-0.630.14-0.1-0.68-0.57
0.010.02-0.02-0.140.18-0.360.43-0.05-0.16-0.070.21-0.250.420.0-0.35-0.46-0.36-0.190.510.05-0.27-0.01-0.44-0.16-0.23
0.610.80.750.75-0.17-0.36-0.780.490.460.380.470.75-0.510.52-0.3-0.280.510.7-0.770.670.710.230.880.460.37
-0.11-0.49-0.43-0.36-0.110.43-0.780.050.01-0.42-0.25-0.290.04-0.020.270.06-0.59-0.420.78-0.57-0.31-0.46-0.940.01-0.08
0.950.70.710.83-0.29-0.050.490.050.74-0.030.410.69-0.670.94-0.3-0.36-0.010.52-0.10.220.73-0.460.260.740.63
0.740.390.350.62-0.68-0.160.460.010.740.110.060.81-0.850.76-0.28-0.40.10.85-0.10.150.94-0.370.221.00.72
0.190.12-0.010.26-0.27-0.070.38-0.42-0.030.11-0.30.3-0.050.16-0.33-0.130.720.29-0.430.820.250.020.410.11-0.07
0.340.790.870.470.510.210.47-0.250.410.06-0.30.190.020.22-0.16-0.280.060.21-0.210.30.160.150.280.060.09
0.760.560.510.71-0.62-0.250.75-0.290.690.810.30.19-0.850.74-0.24-0.50.260.74-0.430.420.88-0.230.520.810.6
-0.63-0.28-0.28-0.520.70.42-0.510.04-0.67-0.85-0.050.02-0.85-0.670.080.20.01-0.620.28-0.04-0.830.28-0.28-0.85-0.56
0.990.650.590.86-0.450.00.52-0.020.940.760.160.220.74-0.67-0.31-0.42-0.010.58-0.160.290.77-0.430.320.760.65
-0.37-0.33-0.3-0.20.17-0.35-0.30.27-0.3-0.28-0.33-0.16-0.240.08-0.310.53-0.26-0.35-0.09-0.42-0.37-0.05-0.39-0.28-0.2
-0.45-0.39-0.32-0.320.33-0.46-0.280.06-0.36-0.4-0.13-0.28-0.50.2-0.420.530.01-0.390.0-0.3-0.40.17-0.19-0.4-0.22
0.10.270.250.22-0.08-0.360.51-0.59-0.010.10.720.060.260.01-0.01-0.260.010.37-0.390.750.290.20.550.10.16
0.620.560.480.67-0.46-0.190.7-0.420.520.850.290.210.74-0.620.58-0.35-0.390.37-0.410.430.92-0.050.530.850.59
-0.21-0.51-0.44-0.53-0.070.51-0.770.78-0.1-0.1-0.43-0.21-0.430.28-0.16-0.090.0-0.39-0.41-0.56-0.33-0.22-0.72-0.10.13
0.390.590.510.540.030.050.67-0.570.220.150.820.30.42-0.040.29-0.42-0.30.750.43-0.560.350.110.580.15-0.01
0.790.560.50.73-0.63-0.270.71-0.310.730.940.250.160.88-0.830.77-0.37-0.40.290.92-0.330.35-0.190.530.940.74
-0.36-0.02-0.02-0.290.14-0.010.23-0.46-0.46-0.370.020.15-0.230.28-0.43-0.050.170.2-0.05-0.220.11-0.190.34-0.37-0.18
0.40.630.560.55-0.1-0.440.88-0.940.260.220.410.280.52-0.280.32-0.39-0.190.550.53-0.720.580.530.340.220.34
0.740.390.350.62-0.68-0.160.460.010.741.00.110.060.81-0.850.76-0.28-0.40.10.85-0.10.150.94-0.370.220.72
0.650.350.330.49-0.57-0.230.37-0.080.630.72-0.070.090.6-0.560.65-0.2-0.220.160.590.13-0.010.74-0.180.340.72
Click cells to compare fundamentals

Pioneer Municipal Account Relationship Matchups

Pioneer Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets407.5M447.1M394.4M361.6M276.6M319.2M
Total Stockholder Equity280.3M299.3M248.3M231.6M221.8M245.5M
Net Tangible Assets287.9M280.3M299.3M248.3M223.5M255.7M
Retained Earnings(20.7M)(1.7M)(52.7M)(68.0M)(77.5M)(73.6M)
Other Assets107.3K1.0K104.01.4K(865.0K)(908.2K)
Net Receivables5.7M5.2M5.5M5.7M5.1M5.3M
Total Liab127.2M147.9M146.1M130.0M54.8M64.0M
Long Term Investments394.6M439.4M388.8M354.8M266.6M309.3M
Other Current Liab91.6K(2.8M)(1.1M)(853.9K)(4.6M)(4.3M)
Total Current Liabilities2.2M2.9M1.1M1.0M5.7M6.0M
Non Current Assets Total394.6M439.4M388.8M354.8M266.6M309.3M
Non Currrent Assets Other(394.6M)(439.4M)(388.8M)(354.8M)(266.6M)(279.9M)
Other Stockholder Equity(280.3M)(145M)(248.3M)(231.6M)(50M)(52.5M)
Total Current Assets12.8M7.7M5.6M6.8M10.9M8.2M
Net Debt117.9M142.5M144.9M128.8M45.9M61.1M
Liabilities And Stockholders Equity407.5M447.1M394.4M361.6M276.6M313.2M
Other Current Assets(12.8M)(7.7M)1.7K1.7M2.1M2.2M
Accumulated Other Comprehensive Income162.9M155.3M27.6M103.3M102.6M0.0
Non Current Liabilities Total139.9K125M145M129M4.8M4.6M

Currently Active Assets on Macroaxis

When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal 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 rate.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Municipal. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.359
Revenue Per Share
0.754
Quarterly Revenue Growth
0.044
Return On Assets
0.028
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.