Paymentus Total Assets vs Cash Analysis
PAY Stock | USD 38.09 0.28 0.74% |
Paymentus Holdings financial indicator trend analysis is much more than just breaking down Paymentus Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paymentus Holdings is a good investment. Please check the relationship between Paymentus Holdings Total Assets and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Total Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Paymentus Holdings' Total Assets and Cash is 0.68. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Paymentus Holdings, assuming nothing else is changed. The correlation between historical values of Paymentus Holdings' Total Assets and Cash 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 Paymentus Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Paymentus Holdings' Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Paymentus Holdings 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 Paymentus Holdings 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.Cash
Cash refers to the most liquid asset of Paymentus Holdings, which is listed under current asset account on Paymentus Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Paymentus Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Paymentus Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Paymentus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paymentus Holdings 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 Paymentus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.Enterprise Value is likely to rise to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 34.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 121.4M | 149.7M | 182.3M | 173.2M | Total Revenue | 395.5M | 497.0M | 614.5M | 1.0B |
Paymentus Holdings fundamental ratios Correlations
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Paymentus Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Paymentus Holdings' price analysis, check to measure Paymentus Holdings' 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 Paymentus Holdings is operating at the current time. Most of Paymentus Holdings' value examination focuses on studying past and present price action to predict the probability of Paymentus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paymentus Holdings' price. Additionally, you may evaluate how the addition of Paymentus Holdings to your portfolios can decrease your overall portfolio volatility.