Panther Net Debt vs Accounts Payable 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 Net Debt and its Accounts Payable 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.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panther Metals PLC Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Panther Metals' Net Debt and Accounts Payable is 0.6. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable 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' Net Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Panther Metals PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., Panther Metals' Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents Panther Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Panther Metals PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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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