Panther Total Assets vs Depreciation And Amortization 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 Total Assets and its Depreciation And Amortization 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.

Total Assets vs Depreciation And Amortization

Total Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panther Metals PLC Total Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Panther Metals' Total Assets and Depreciation And Amortization is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Depreciation And Amortization 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' Total Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Panther Metals PLC are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Assets i.e., Panther Metals' Total Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Panther Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Panther Metals PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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

-0.250.731.0-0.930.990.790.880.80.990.970.78-0.480.82-0.480.59-0.140.980.650.75-0.711.00.760.940.98-0.73
-0.250.05-0.270.06-0.17-0.17-0.05-0.21-0.19-0.210.31-0.65-0.21-0.650.20.55-0.290.04-0.16-0.13-0.26-0.25-0.29-0.270.13
0.730.050.68-0.670.750.830.960.80.720.630.8-0.450.4-0.450.73-0.080.650.270.82-0.580.710.710.610.72-0.79
1.0-0.270.68-0.930.980.760.840.770.990.980.75-0.460.84-0.460.55-0.140.990.670.72-0.70.990.750.950.98-0.7
-0.930.06-0.67-0.93-0.97-0.6-0.81-0.6-0.96-0.94-0.750.63-0.90.63-0.72-0.15-0.89-0.75-0.550.88-0.92-0.55-0.93-0.880.53
0.99-0.170.750.98-0.970.770.880.771.00.960.8-0.540.83-0.540.64-0.020.960.680.73-0.790.990.740.940.96-0.71
0.79-0.170.830.76-0.60.770.850.990.770.680.81-0.290.32-0.290.41-0.330.790.231.0-0.380.80.980.650.83-0.95
0.88-0.050.960.84-0.810.880.850.830.870.80.84-0.50.6-0.50.69-0.110.820.450.83-0.660.870.750.770.86-0.8
0.8-0.210.80.77-0.60.770.990.830.770.670.79-0.270.32-0.270.39-0.320.780.210.99-0.370.80.980.650.82-0.94
0.99-0.190.720.99-0.961.00.770.870.770.970.79-0.530.84-0.530.62-0.050.970.680.72-0.760.990.740.940.97-0.7
0.97-0.210.630.98-0.940.960.680.80.670.970.72-0.520.89-0.520.61-0.10.970.770.63-0.720.970.650.950.97-0.61
0.780.310.80.75-0.750.80.810.840.790.790.72-0.80.48-0.80.60.070.740.480.79-0.630.770.740.660.77-0.76
-0.48-0.65-0.45-0.460.63-0.54-0.29-0.5-0.27-0.53-0.52-0.8-0.51.0-0.58-0.44-0.43-0.59-0.260.67-0.45-0.2-0.44-0.430.25
0.82-0.210.40.84-0.90.830.320.60.320.840.890.48-0.5-0.50.570.090.810.80.26-0.770.810.290.910.77-0.22
-0.48-0.65-0.45-0.460.63-0.54-0.29-0.5-0.27-0.53-0.52-0.81.0-0.5-0.58-0.44-0.43-0.59-0.260.67-0.45-0.2-0.44-0.430.25
0.590.20.730.55-0.720.640.410.690.390.620.610.6-0.580.57-0.580.090.490.580.38-0.720.560.280.60.56-0.33
-0.140.55-0.08-0.14-0.15-0.02-0.33-0.11-0.32-0.05-0.10.07-0.440.09-0.440.09-0.20.12-0.35-0.46-0.15-0.36-0.09-0.270.32
0.98-0.290.650.99-0.890.960.790.820.780.970.970.74-0.430.81-0.430.49-0.20.670.75-0.640.990.780.930.99-0.72
0.650.040.270.67-0.750.680.230.450.210.680.770.48-0.590.8-0.590.580.120.670.17-0.760.650.190.650.64-0.22
0.75-0.160.820.72-0.550.731.00.830.990.720.630.79-0.260.26-0.260.38-0.350.750.17-0.320.770.980.60.79-0.95
-0.71-0.13-0.58-0.70.88-0.79-0.38-0.66-0.37-0.76-0.72-0.630.67-0.770.67-0.72-0.46-0.64-0.76-0.32-0.7-0.3-0.71-0.610.32
1.0-0.260.710.99-0.920.990.80.870.80.990.970.77-0.450.81-0.450.56-0.150.990.650.77-0.70.790.940.99-0.74
0.76-0.250.710.75-0.550.740.980.750.980.740.650.74-0.20.29-0.20.28-0.360.780.190.98-0.30.790.630.81-0.93
0.94-0.290.610.95-0.930.940.650.770.650.940.950.66-0.440.91-0.440.6-0.090.930.650.6-0.710.940.630.92-0.5
0.98-0.270.720.98-0.880.960.830.860.820.970.970.77-0.430.77-0.430.56-0.270.990.640.79-0.610.990.810.92-0.76
-0.730.13-0.79-0.70.53-0.71-0.95-0.8-0.94-0.7-0.61-0.760.25-0.220.25-0.330.32-0.72-0.22-0.950.32-0.74-0.93-0.5-0.76
Click cells to compare fundamentals

Panther Metals Account Relationship Matchups

Panther Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets885.0K1.6M2.7M3.5M4.3M4.5M
Total Current Liabilities470.8K107.4K60.6K146.8K540.9K567.9K
Total Stockholder Equity414.2K1.5M2.4M3.2M3.6M3.7M
Retained Earnings(1.9M)(2.6M)(2.7M)(3.6M)(3.4M)(3.2M)
Common Stock Shares Outstanding1.2M2.0M2.5M3.1M3.7M3.9M
Liabilities And Stockholders Equity885.0K1.6M2.7M3.5M4.3M4.5M
Other Current Assets8.0K93.9K72.8K150.3K2.3M2.4M
Total Liab470.8K107.4K262.6K336.4K704.5K739.7K
Total Current Assets14.4K335.1K173.3K199.2K2.4M2.5M
Common Stock2.0M3.7M4.8M6.3M7.3M7.6M
Property Plant And Equipment Net317.0K736.6K1.3M2.3M1.9M2.0M
Net Debt(6.3K)(241.2K)(100.6K)(48.9K)340.4K357.4K
Cash6.3K241.2K100.6K48.9K66.1K93.8K
Non Current Assets Total870.6K1.3M2.5M3.3M1.9M1.1M
Cash And Short Term Investments6.3K241.2K100.6K48.9K66.1K93.8K
Accumulated Other Comprehensive Income342.8K397.3K310.3K514.2K591.1K330.4K
Accounts Payable89.2K51.5K2.1K86.6K74.3K52.8K
Net Tangible Assets(139.4K)964.3K2.4M3.2M3.7M3.9M
Non Current Liabilities Total89.2K51.5K202.0K189.6K163.6K109.4K
Net Invested Capital414.2K1.5M2.4M3.2M4.0M4.2M
Net Working Capital(456.4K)227.7K112.8K52.3K1.8M1.9M
Capital Stock2.0M3.7M4.8M6.3M7.3M4.4M
Property Plant Equipment317.0K736.6K1.3M2.3M2.6M2.8M

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