PAMT Retained Earnings vs Short Term Investments Analysis

PAMT Stock   18.70  0.78  4.35%   
PAMT P financial indicator trend analysis is much more than just breaking down PAMT P prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PAMT P is a good investment. Please check the relationship between PAMT P Retained Earnings and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PAMT P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy PAMT Stock please use our How to Invest in PAMT P guide.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PAMT P Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PAMT P's Retained Earnings and Short Term Investments is 0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of PAMT P, assuming nothing else is changed. The correlation between historical values of PAMT P's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of PAMT P are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., PAMT P's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of PAMT P balance sheet. It contains any investments PAMT P undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that PAMT P can easily liquidate in the marketplace.
Most indicators from PAMT P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PAMT P 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 PAMT P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy PAMT Stock please use our How to Invest in PAMT P guide.Tax Provision is likely to gain to about 19.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit129.8M171.2M83.8M121.3M
Total Revenue707.1M946.9M810.8M811.7M

PAMT P fundamental ratios Correlations

0.660.970.66-0.90.720.840.970.670.8-0.620.66-0.660.90.550.180.980.591.00.87-0.70.940.84-0.580.89-0.78
0.660.450.91-0.310.020.610.520.910.98-0.040.14-0.490.280.97-0.430.630.990.710.85-0.080.410.160.040.29-0.47
0.970.450.47-0.970.840.780.980.470.62-0.720.76-0.60.970.310.340.960.360.950.73-0.80.990.95-0.730.97-0.74
0.660.910.47-0.350.090.820.581.00.91-0.05-0.06-0.480.310.94-0.140.570.940.710.95-0.110.360.220.20.26-0.73
-0.9-0.31-0.97-0.35-0.94-0.73-0.92-0.35-0.480.86-0.790.69-1.0-0.19-0.52-0.88-0.24-0.87-0.630.91-0.96-0.980.78-0.970.75
0.720.020.840.09-0.940.550.750.090.19-0.960.8-0.690.94-0.060.710.69-0.030.670.39-0.980.850.95-0.830.89-0.64
0.840.610.780.82-0.730.550.860.820.73-0.430.21-0.560.690.610.370.750.610.860.93-0.510.670.67-0.150.62-0.97
0.970.520.980.58-0.920.750.860.580.69-0.590.62-0.520.920.390.290.960.440.960.81-0.690.940.89-0.590.92-0.8
0.670.910.471.0-0.350.090.820.580.92-0.05-0.05-0.480.310.94-0.140.570.940.720.95-0.120.370.220.20.26-0.73
0.80.980.620.91-0.480.190.730.690.92-0.160.27-0.530.460.92-0.30.770.950.840.92-0.230.580.35-0.110.47-0.59
-0.62-0.04-0.72-0.050.86-0.96-0.43-0.59-0.05-0.16-0.80.81-0.850.02-0.67-0.580.0-0.58-0.310.99-0.75-0.840.8-0.780.55
0.660.140.76-0.06-0.790.80.210.62-0.050.27-0.8-0.550.83-0.040.20.730.020.620.22-0.810.850.8-0.980.87-0.21
-0.66-0.49-0.6-0.480.69-0.69-0.56-0.52-0.48-0.530.81-0.55-0.65-0.5-0.38-0.56-0.5-0.65-0.60.79-0.6-0.570.44-0.560.64
0.90.280.970.31-1.00.940.690.920.310.46-0.850.83-0.650.150.490.890.20.860.6-0.910.980.99-0.820.98-0.7
0.550.970.310.94-0.19-0.060.610.390.940.920.02-0.04-0.50.15-0.360.471.00.60.84-0.010.240.030.230.13-0.51
0.18-0.430.34-0.14-0.520.710.370.29-0.14-0.3-0.670.2-0.380.49-0.360.08-0.390.140.05-0.670.290.57-0.310.36-0.56
0.980.630.960.57-0.880.690.750.960.570.77-0.580.73-0.560.890.470.080.530.980.79-0.660.960.84-0.660.92-0.66
0.590.990.360.94-0.24-0.030.610.440.940.950.00.02-0.50.21.0-0.390.530.650.85-0.040.30.080.160.19-0.5
1.00.710.950.71-0.870.670.860.960.720.84-0.580.62-0.650.860.60.140.980.650.9-0.660.910.8-0.530.86-0.78
0.870.850.730.95-0.630.390.930.810.950.92-0.310.22-0.60.60.840.050.790.850.9-0.390.640.52-0.10.56-0.85
-0.7-0.08-0.8-0.110.91-0.98-0.51-0.69-0.12-0.230.99-0.810.79-0.91-0.01-0.67-0.66-0.04-0.66-0.39-0.82-0.90.81-0.850.62
0.940.410.990.36-0.960.850.670.940.370.58-0.750.85-0.60.980.240.290.960.30.910.64-0.820.95-0.820.99-0.63
0.840.160.950.22-0.980.950.670.890.220.35-0.840.8-0.570.990.030.570.840.080.80.52-0.90.95-0.820.97-0.69
-0.580.04-0.730.20.78-0.83-0.15-0.590.2-0.110.8-0.980.44-0.820.23-0.31-0.660.16-0.53-0.10.81-0.82-0.82-0.860.18
0.890.290.970.26-0.970.890.620.920.260.47-0.780.87-0.560.980.130.360.920.190.860.56-0.850.990.97-0.86-0.6
-0.78-0.47-0.74-0.730.75-0.64-0.97-0.8-0.73-0.590.55-0.210.64-0.7-0.51-0.56-0.66-0.5-0.78-0.850.62-0.63-0.690.18-0.6
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PAMT P Account Relationship Matchups

Thematic Opportunities

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Additional Tools for PAMT Stock Analysis

When running PAMT P's price analysis, check to measure PAMT P's 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 PAMT P is operating at the current time. Most of PAMT P's value examination focuses on studying past and present price action to predict the probability of PAMT P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAMT P's price. Additionally, you may evaluate how the addition of PAMT P to your portfolios can decrease your overall portfolio volatility.