Platinum Free Cash Flow vs End Period Cash Flow Analysis

PAI Stock

0.97 0.01 1.02%

Platinum Asia financial indicator trend analysis is much more than just breaking down Platinum Asia Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Platinum Asia Investments is a good investment. Please check the relationship between Platinum Asia Free Cash Flow and its End Period Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Asia Investments. 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.

Free Cash Flow vs End Period Cash Flow

Free Cash Flow vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Platinum Asia Investments Free Cash Flow account and End Period Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Platinum Asia's Free Cash Flow and End Period Cash Flow is 0.21. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Platinum Asia Investments, assuming nothing else is changed. The correlation between historical values of Platinum Asia's Free Cash Flow and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Platinum Asia Investments are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Free Cash Flow i.e., Platinum Asia's Free Cash Flow and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

End Period Cash Flow

Most indicators from Platinum Asia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Platinum Asia Investments 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Asia Investments. 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, Platinum Asia's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 6.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 297 K in 2024.

Platinum Asia fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Total Liab	Long Term Investments	Common Stock	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Other Liab	Common Stock Total Equity
Total Assets		0.99	0.96	-0.22	0.36	0.52	-0.69	-0.58	0.05	0.15	0.68	0.81	-0.1	0.44	-0.27	0.91	-0.71	0.12	0.87	0.91	-0.93	0.34	0.08	0.25	-0.13	0.22
Total Stockholder Equity	0.99		0.98	-0.26	0.34	0.52	-0.68	-0.65	-0.01	0.05	0.72	0.86	-0.05	0.39	-0.23	0.89	-0.68	0.12	0.86	0.88	-0.9	0.32	0.09	0.24	-0.19	0.24
Net Tangible Assets	0.96	0.98		-0.21	0.3	0.44	-0.71	-0.62	0.06	0.0	0.7	0.86	-0.07	0.34	-0.15	0.89	-0.69	0.16	0.86	0.86	-0.86	0.29	0.13	0.27	-0.26	0.38
Retained Earnings	-0.22	-0.26	-0.21		0.06	-0.34	0.18	0.24	0.33	0.22	-0.12	-0.34	-0.12	0.07	0.24	-0.15	-0.38	-0.08	-0.18	-0.07	0.18	-0.09	0.51	-0.15	0.26	0.42
Accounts Payable	0.36	0.34	0.3	0.06		-0.12	-0.35	-0.13	-0.25	0.25	0.41	0.22	0.01	0.26	0.22	0.35	-0.45	0.24	0.25	0.45	-0.5	0.02	-0.28	0.23	0.18	-0.07
Cash	0.52	0.52	0.44	-0.34	-0.12		-0.11	-0.52	-0.35	0.12	0.5	0.52	0.07	0.6	-0.87	0.18	-0.15	0.06	0.15	0.17	-0.27	0.12	-0.21	0.15	0.33	-0.38
Other Assets	-0.69	-0.68	-0.71	0.18	-0.35	-0.11		0.23	-0.01	-0.06	-0.29	-0.47	-0.11	-0.45	-0.01	-0.77	0.65	-0.71	-0.78	-0.75	0.7	0.03	0.13	-0.78	0.49	-0.52
Long Term Debt	-0.58	-0.65	-0.62	0.24	-0.13	-0.52	0.23		0.56	0.58	-0.9	-0.92	-0.28	-0.07	0.03	-0.31	0.21	-0.02	-0.31	-0.3	0.3	-0.13	-0.08	-0.06	0.13	-0.11
Net Receivables	0.05	-0.01	0.06	0.33	-0.25	-0.35	-0.01	0.56		0.47	-0.5	-0.33	-0.44	-0.21	0.09	0.34	-0.25	-0.39	0.35	0.29	-0.24	0.28	0.56	-0.35	-0.18	0.36
Total Liab	0.15	0.05	0.0	0.22	0.25	0.12	-0.06	0.58	0.47		-0.27	-0.4	-0.49	0.57	-0.47	0.19	-0.3	-0.04	0.1	0.28	-0.36	0.24	-0.19	0.03	0.57	-0.27
Long Term Investments	0.68	0.72	0.7	-0.12	0.41	0.5	-0.29	-0.9	-0.5	-0.27		0.87	0.01	0.28	-0.06	0.39	-0.4	0.07	0.33	0.44	-0.47	0.13	-0.09	0.12	0.14	0.08
Common Stock	0.81	0.86	0.86	-0.34	0.22	0.52	-0.47	-0.92	-0.33	-0.4	0.87		0.21	0.15	-0.07	0.62	-0.4	0.07	0.61	0.58	-0.59	0.24	0.11	0.14	-0.26	0.21
Other Current Liab	-0.1	-0.05	-0.07	-0.12	0.01	0.07	-0.11	-0.28	-0.44	-0.49	0.01	0.21		-0.01	0.09	-0.11	0.13	0.33	-0.05	-0.21	0.21	-0.11	0.19	0.21	-0.38	-0.07
Total Current Liabilities	0.44	0.39	0.34	0.07	0.26	0.6	-0.45	-0.07	-0.21	0.57	0.28	0.15	-0.01		-0.67	0.24	-0.45	0.54	0.17	0.32	-0.38	0.03	-0.4	0.61	0.47	-0.14
Net Debt	-0.27	-0.23	-0.15	0.24	0.22	-0.87	-0.01	0.03	0.09	-0.47	-0.06	-0.07	0.09	-0.67		-0.02	0.06	-0.05	0.01	-0.02	0.14	-0.07	0.28	-0.14	-0.47	0.51
Non Current Assets Total	0.91	0.89	0.89	-0.15	0.35	0.18	-0.77	-0.31	0.34	0.19	0.39	0.62	-0.11	0.24	-0.02		-0.72	0.1	0.99	0.98	-0.96	0.37	0.24	0.22	-0.38	0.4
Non Currrent Assets Other	-0.71	-0.68	-0.69	-0.38	-0.45	-0.15	0.65	0.21	-0.25	-0.3	-0.4	-0.4	0.13	-0.45	0.06	-0.72		-0.29	-0.68	-0.78	0.72	0.12	-0.29	-0.34	0.11	-0.5
Cash And Short Term Investments	0.12	0.12	0.16	-0.08	0.24	0.06	-0.71	-0.02	-0.39	-0.04	0.07	0.07	0.33	0.54	-0.05	0.1	-0.29		0.12	0.11	-0.08	-0.48	-0.47	0.98	-0.24	0.29
Common Stock Shares Outstanding	0.87	0.86	0.86	-0.18	0.25	0.15	-0.78	-0.31	0.35	0.1	0.33	0.61	-0.05	0.17	0.01	0.99	-0.68	0.12		0.95	-0.91	0.35	0.29	0.22	-0.5	0.45
Short Term Investments	0.91	0.88	0.86	-0.07	0.45	0.17	-0.75	-0.3	0.29	0.28	0.44	0.58	-0.21	0.32	-0.02	0.98	-0.78	0.11	0.95		-0.98	0.34	0.16	0.23	-0.25	0.36
Inventory	-0.93	-0.9	-0.86	0.18	-0.5	-0.27	0.7	0.3	-0.24	-0.36	-0.47	-0.59	0.21	-0.38	0.14	-0.96	0.72	-0.08	-0.91	-0.98		-0.38	-0.06	-0.2	0.14	-0.19
Other Current Assets	0.34	0.32	0.29	-0.09	0.02	0.12	0.03	-0.13	0.28	0.24	0.13	0.24	-0.11	0.03	-0.07	0.37	0.12	-0.48	0.35	0.34	-0.38		0.19	-0.39	0.16	-0.1
Other Stockholder Equity	0.08	0.09	0.13	0.51	-0.28	-0.21	0.13	-0.08	0.56	-0.19	-0.09	0.11	0.19	-0.4	0.28	0.24	-0.29	-0.47	0.29	0.16	-0.06	0.19		-0.52	-0.36	0.44
Total Current Assets	0.25	0.24	0.27	-0.15	0.23	0.15	-0.78	-0.06	-0.35	0.03	0.12	0.14	0.21	0.61	-0.14	0.22	-0.34	0.98	0.22	0.23	-0.2	-0.39	-0.52		-0.21	0.29
Other Liab	-0.13	-0.19	-0.26	0.26	0.18	0.33	0.49	0.13	-0.18	0.57	0.14	-0.26	-0.38	0.47	-0.47	-0.38	0.11	-0.24	-0.5	-0.25	0.14	0.16	-0.36	-0.21		-0.58
Common Stock Total Equity	0.22	0.24	0.38	0.42	-0.07	-0.38	-0.52	-0.11	0.36	-0.27	0.08	0.21	-0.07	-0.14	0.51	0.4	-0.5	0.29	0.45	0.36	-0.19	-0.1	0.44	0.29	-0.58

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Platinum Asia Account Relationship Matchups

Platinum Asia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	432.1M	498.7M	397.2M	384.8M	383.1M	370.8M
Total Stockholder Equity	418.8M	471.4M	395.6M	383.4M	382.2M	359.4M
Net Tangible Assets	393.3M	418.8M	471.4M	395.6M	455.0M	347.1M
Accounts Payable	462K	2.4M	648K	372K	427.8K	406.4K
Cash	24.0M	95.5M	64.7M	31.9M	18.1M	17.2M
Other Assets	(405.6M)	(401.9M)	(318.9M)	(342.1M)	(362.1M)	(344.0M)
Net Receivables	389K	1.1M	853K	1.0M	2.0M	1.4M
Total Liab	13.3M	27.3M	1.5M	1.4M	910K	864.5K
Long Term Investments	405.6M	401.9M	324.6M	346.0M	360.4M	331.4M
Common Stock	352.1M	354.3M	357.1M	358.8M	358.6M	298.1M
Other Current Liab	1.7M	(648K)	1.5M	1.4M	910K	1.3M
Total Current Liabilities	4.1M	9.6M	1.5M	1.4M	1.4M	1.4M
Net Debt	(24.0M)	(95.5M)	(64.7M)	(31.2M)	(18.1M)	(19.1M)
Non Current Assets Total	405.6M	401.9M	324.6M	346.0M	363.9M	354.6M
Non Currrent Assets Other	(405.6M)	(401.9M)	(5.7M)	(3.9M)	(362.1M)	(344.0M)
Cash And Short Term Investments	405.6M	401.4M	324.1M	345.7M	360.4M	318.4M
Common Stock Shares Outstanding	363.0M	364.7M	367.1M	369.1M	369.9M	384.5M
Short Term Investments	405.6M	401.4M	324.1M	345.6M	342.2M	378.6M
Liabilities And Stockholders Equity	432.1M	498.7M	397.2M	384.8M	383.1M	441.1M
Inventory	(405.6M)	(401.4M)	(324.1M)	(345.6M)	(311.1M)	(326.6M)
Other Current Assets	26.1M	96.2M	66.5M	34.2M	19.2M	18.2M
Other Stockholder Equity	(410.8M)	(463.5M)	(387.7M)	(375.5M)	1.0	1.05
Total Current Assets	432.1M	498.7M	391.5M	380.9M	381.3M	350.0M
Accumulated Other Comprehensive Income	75.9M	126.3M	95.2M	86.9M	7.9M	7.5M
Other Liab	2.7M	9.2M	17.7M	31K	27.9K	26.5K
Non Current Liabilities Total	9.2M	26.6M	31K	707K	910K	864.5K
Capital Stock	352.1M	354.3M	357.1M	358.8M	358.6M	390.8M

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