Panther Depreciation And Amortization vs Selling General Administrative Analysis
PALM Stock | 122.50 2.50 2.00% |
Panther Metals financial indicator trend analysis is much more than just breaking down Panther Metals PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panther Metals PLC is a good investment. Please check the relationship between Panther Metals Depreciation And Amortization and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Panther Metals PLC. 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.
Depreciation And Amortization vs Selling General Administrative
Depreciation And Amortization vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panther Metals PLC Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Panther Metals' Depreciation And Amortization and Selling General Administrative is 0.92. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Panther Metals PLC, assuming nothing else is changed. The correlation between historical values of Panther Metals' Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Panther Metals PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Panther Metals' Depreciation And Amortization and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Selling General Administrative
Most indicators from Panther Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panther Metals PLC 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 Panther Metals PLC. 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. Selling General Administrative is likely to drop to about 315.2 K in 2024. Discontinued Operations is likely to drop to about (37.2 K) in 2024
Panther Metals fundamental ratios Correlations
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Panther Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Panther Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 885.0K | 1.6M | 2.7M | 3.5M | 4.3M | 4.5M | |
Total Current Liabilities | 470.8K | 107.4K | 60.6K | 146.8K | 540.9K | 567.9K | |
Total Stockholder Equity | 414.2K | 1.5M | 2.4M | 3.2M | 3.6M | 3.7M | |
Retained Earnings | (1.9M) | (2.6M) | (2.7M) | (3.6M) | (3.4M) | (3.2M) | |
Common Stock Shares Outstanding | 1.2M | 2.0M | 2.5M | 3.1M | 3.7M | 3.9M | |
Liabilities And Stockholders Equity | 885.0K | 1.6M | 2.7M | 3.5M | 4.3M | 4.5M | |
Other Current Assets | 8.0K | 93.9K | 72.8K | 150.3K | 2.3M | 2.4M | |
Total Liab | 470.8K | 107.4K | 262.6K | 336.4K | 704.5K | 739.7K | |
Total Current Assets | 14.4K | 335.1K | 173.3K | 199.2K | 2.4M | 2.5M | |
Common Stock | 2.0M | 3.7M | 4.8M | 6.3M | 7.3M | 7.6M | |
Property Plant And Equipment Net | 317.0K | 736.6K | 1.3M | 2.3M | 1.9M | 2.0M | |
Net Debt | (6.3K) | (241.2K) | (100.6K) | (48.9K) | 340.4K | 357.4K | |
Cash | 6.3K | 241.2K | 100.6K | 48.9K | 66.1K | 93.8K | |
Non Current Assets Total | 870.6K | 1.3M | 2.5M | 3.3M | 1.9M | 1.1M | |
Cash And Short Term Investments | 6.3K | 241.2K | 100.6K | 48.9K | 66.1K | 93.8K | |
Accumulated Other Comprehensive Income | 342.8K | 397.3K | 310.3K | 514.2K | 591.1K | 330.4K | |
Accounts Payable | 89.2K | 51.5K | 2.1K | 86.6K | 74.3K | 52.8K | |
Net Tangible Assets | (139.4K) | 964.3K | 2.4M | 3.2M | 3.7M | 3.9M | |
Non Current Liabilities Total | 89.2K | 51.5K | 202.0K | 189.6K | 163.6K | 109.4K | |
Net Invested Capital | 414.2K | 1.5M | 2.4M | 3.2M | 4.0M | 4.2M | |
Net Working Capital | (456.4K) | 227.7K | 112.8K | 52.3K | 1.8M | 1.9M | |
Capital Stock | 2.0M | 3.7M | 4.8M | 6.3M | 7.3M | 4.4M | |
Property Plant Equipment | 317.0K | 736.6K | 1.3M | 2.3M | 2.6M | 2.8M |
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