Panther Total Assets vs Total Current Assets 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 Total Current Assets 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 Total Current Assets
Total Assets vs Total Current Assets 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 Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Panther Metals' Total Assets and Total Current Assets is 0.8. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets 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 Total Current Assets 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 Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Panther Metals' Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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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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.