Panther Short Term Investments vs Non Currrent Assets Other 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 Short Term Investments and its Non Currrent Assets Other 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.
Short Term Investments vs Non Currrent Assets Other
Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panther Metals PLC Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Panther Metals' Short Term Investments and Non Currrent Assets Other is -0.35. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other 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' Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Panther Metals PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Investments i.e., Panther Metals' Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Panther Metals balance sheet. It contains any investments Panther Metals PLC undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Panther Metals PLC can easily liquidate in the marketplace.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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
Click cells to compare fundamentals
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Panther Stock Analysis
When running Panther Metals' price analysis, check to measure Panther Metals' 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 Panther Metals is operating at the current time. Most of Panther Metals' value examination focuses on studying past and present price action to predict the probability of Panther Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panther Metals' price. Additionally, you may evaluate how the addition of Panther Metals to your portfolios can decrease your overall portfolio volatility.