PAMT Total Revenue vs Total Current Liabilities Analysis
| PAMT Stock | 19.10 0.40 2.14% |
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 Revenue and its Total Current Liabilities 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 Revenue vs Total Current Liabilities
Total Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PAMT P Total Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PAMT P's Total Revenue and Total Current Liabilities is 0.4. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities 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 Revenue and Total Current Liabilities 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 Revenue of PAMT P are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., PAMT P's Total Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts PAMT P generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Current Liabilities
Total Current Liabilities is an item on PAMT P balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PAMT P are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
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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.