PAMT Total Liab vs Total Current Assets 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 Total Liab and its Total Current Assets 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.
Total Liab vs Total Current Assets
Total Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PAMT P Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between PAMT P's Total Liab and Total Current Assets is 0.3. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets 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 Total Liab 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 Liab of PAMT P 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 Liab i.e., PAMT P's Total Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 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 Profit | 129.8M | 171.2M | 83.8M | 121.3M | Total Revenue | 707.1M | 946.9M | 810.8M | 811.7M |
PAMT P fundamental ratios Correlations
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PAMT P Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.