Paysign Total Current Assets vs Cash Analysis

PAYS Stock

USD 3.44 0.05 1.47%

Paysign financial indicator trend analysis is much more than just breaking down Paysign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paysign is a good investment. Please check the relationship between Paysign Total Current Assets and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paysign Total Current Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Paysign's Total Current Assets and Cash is -0.25. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Paysign, assuming nothing else is changed. The correlation between historical values of Paysign's Total Current 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 Current Assets of Paysign 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 Current Assets i.e., Paysign's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Cash

Cash refers to the most liquid asset of Paysign, which is listed under current asset account on Paysign balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Paysign customers. The amounts must be unrestricted with restricted cash listed in a different Paysign 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 Paysign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paysign 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 Paysign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.At this time, Paysign's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 217.7 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.26 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	17.5M	20.6M	20.3M	19.3M
Cost Of Revenue	14.8M	17.1M	23.1M	22.0M

Total Operating Expenses Cost Of Revenue

Paysign fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Current Liabilities Total	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.44	-0.22	-0.21	0.93	0.83	-0.86	0.22	0.96	0.23	0.23	0.96	0.9	0.82	0.73	-0.21	0.91	-0.21	0.94	-0.2	-0.27	0.99	0.82	0.21	0.83	0.99
Short Long Term Debt Total	0.44		-0.01	0.0	0.54	0.54	-0.39	0.01	0.44	0.01	0.01	0.44	0.17	0.56	0.66	0.0	0.39	0.0	0.46	0.0	0.37	0.4	0.59	0.39	0.67	0.47
Other Current Liab	-0.22	-0.01		1.0	-0.32	-0.21	0.35	0.07	-0.27	-1.0	-1.0	-0.27	-0.07	-0.35	-0.46	1.0	-0.45	1.0	-0.2	1.0	0.55	-0.25	-0.39	-0.11	-0.29	-0.22
Total Current Liabilities	-0.21	0.0	1.0		-0.32	-0.21	0.35	0.07	-0.26	-1.0	-1.0	-0.26	-0.07	-0.35	-0.45	1.0	-0.45	1.0	-0.2	1.0	0.55	-0.25	-0.38	-0.11	-0.28	-0.21
Total Stockholder Equity	0.93	0.54	-0.32	-0.32		0.75	-0.95	0.32	0.97	0.33	0.33	0.97	0.77	0.86	0.88	-0.31	0.92	-0.32	0.84	-0.31	-0.27	0.95	0.88	0.48	0.96	0.92
Property Plant And Equipment Net	0.83	0.54	-0.21	-0.21	0.75		-0.55	0.22	0.73	0.22	0.22	0.73	0.58	0.79	0.65	-0.2	0.83	-0.21	0.95	-0.2	-0.33	0.77	0.83	0.08	0.71	0.86
Net Debt	-0.86	-0.39	0.35	0.35	-0.95	-0.55		-0.36	-0.96	-0.37	-0.36	-0.96	-0.78	-0.77	-0.83	0.35	-0.86	0.35	-0.7	0.34	0.28	-0.91	-0.76	-0.45	-0.88	-0.83
Retained Earnings	0.22	0.01	0.07	0.07	0.32	0.22	-0.36		0.28	-0.07	-0.07	0.28	0.1	0.36	0.44	0.08	0.45	0.08	0.21	0.08	-0.55	0.25	0.4	0.11	0.29	0.23
Cash	0.96	0.44	-0.27	-0.26	0.97	0.73	-0.96	0.28		0.28	0.28	1.0	0.87	0.8	0.78	-0.26	0.9	-0.26	0.86	-0.25	-0.25	0.98	0.79	0.35	0.89	0.94
Non Current Assets Total	0.23	0.01	-1.0	-1.0	0.33	0.22	-0.37	-0.07	0.28		1.0	0.28	0.09	0.37	0.47	-1.0	0.47	-1.0	0.22	-1.0	-0.55	0.27	0.4	0.11	0.3	0.23
Non Currrent Assets Other	0.23	0.01	-1.0	-1.0	0.33	0.22	-0.36	-0.07	0.28	1.0		0.28	0.08	0.36	0.46	-1.0	0.46	-1.0	0.21	-1.0	-0.55	0.27	0.4	0.11	0.29	0.23
Cash And Short Term Investments	0.96	0.44	-0.27	-0.26	0.97	0.73	-0.96	0.28	1.0	0.28	0.28		0.87	0.8	0.78	-0.26	0.9	-0.26	0.86	-0.25	-0.25	0.98	0.79	0.35	0.89	0.94
Net Receivables	0.9	0.17	-0.07	-0.07	0.77	0.58	-0.78	0.1	0.87	0.09	0.08	0.87		0.59	0.45	-0.06	0.72	-0.07	0.79	-0.06	-0.15	0.91	0.54	0.03	0.59	0.86
Common Stock Total Equity	0.82	0.56	-0.35	-0.35	0.86	0.79	-0.77	0.36	0.8	0.37	0.36	0.8	0.59		0.88	-0.35	0.89	-0.35	0.8	-0.34	-0.42	0.82	0.97	0.29	0.83	0.84
Common Stock Shares Outstanding	0.73	0.66	-0.46	-0.45	0.88	0.65	-0.83	0.44	0.78	0.47	0.46	0.78	0.45	0.88		-0.45	0.86	-0.45	0.65	-0.45	-0.32	0.75	0.91	0.47	0.91	0.74
Other Current Assets	-0.21	0.0	1.0	1.0	-0.31	-0.2	0.35	0.08	-0.26	-1.0	-1.0	-0.26	-0.06	-0.35	-0.45		-0.44	1.0	-0.19	1.0	0.55	-0.25	-0.38	-0.11	-0.28	-0.21
Other Stockholder Equity	0.91	0.39	-0.45	-0.45	0.92	0.83	-0.86	0.45	0.9	0.47	0.46	0.9	0.72	0.89	0.86	-0.44		-0.45	0.88	-0.44	-0.55	0.92	0.92	0.23	0.84	0.92
Total Liab	-0.21	0.0	1.0	1.0	-0.32	-0.21	0.35	0.08	-0.26	-1.0	-1.0	-0.26	-0.07	-0.35	-0.45	1.0	-0.45		-0.2	1.0	0.55	-0.25	-0.38	-0.11	-0.28	-0.21
Property Plant And Equipment Gross	0.94	0.46	-0.2	-0.2	0.84	0.95	-0.7	0.21	0.86	0.22	0.21	0.86	0.79	0.8	0.65	-0.19	0.88	-0.2		-0.19	-0.32	0.9	0.81	0.07	0.75	0.95
Total Current Assets	-0.2	0.0	1.0	1.0	-0.31	-0.2	0.34	0.08	-0.25	-1.0	-1.0	-0.25	-0.06	-0.34	-0.45	1.0	-0.44	1.0	-0.19		0.55	-0.24	-0.38	-0.11	-0.27	-0.2
Short Term Debt	-0.27	0.37	0.55	0.55	-0.27	-0.33	0.28	-0.55	-0.25	-0.55	-0.55	-0.25	-0.15	-0.42	-0.32	0.55	-0.55	0.55	-0.32	0.55		-0.3	-0.44	0.1	-0.16	-0.28
Intangible Assets	0.99	0.4	-0.25	-0.25	0.95	0.77	-0.91	0.25	0.98	0.27	0.27	0.98	0.91	0.82	0.75	-0.25	0.92	-0.25	0.9	-0.24	-0.3		0.82	0.26	0.84	0.97
Common Stock	0.82	0.59	-0.39	-0.38	0.88	0.83	-0.76	0.4	0.79	0.4	0.4	0.79	0.54	0.97	0.91	-0.38	0.92	-0.38	0.81	-0.38	-0.44	0.82		0.34	0.87	0.85
Non Current Liabilities Total	0.21	0.39	-0.11	-0.11	0.48	0.08	-0.45	0.11	0.35	0.11	0.11	0.35	0.03	0.29	0.47	-0.11	0.23	-0.11	0.07	-0.11	0.1	0.26	0.34		0.64	0.19
Net Tangible Assets	0.83	0.67	-0.29	-0.28	0.96	0.71	-0.88	0.29	0.89	0.3	0.29	0.89	0.59	0.83	0.91	-0.28	0.84	-0.28	0.75	-0.27	-0.16	0.84	0.87	0.64		0.83
Current Deferred Revenue	0.99	0.47	-0.22	-0.21	0.92	0.86	-0.83	0.23	0.94	0.23	0.23	0.94	0.86	0.84	0.74	-0.21	0.92	-0.21	0.95	-0.2	-0.28	0.97	0.85	0.19	0.83

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Paysign Account Relationship Matchups

Paysign fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.5M	67.8M	84.1M	108.2M	146.6M	153.9M
Other Current Liab	1.5M	47.8M	60.9M	79.8M	91.9M	87.3M
Total Current Liabilities	34.2M	50.6M	67.4M	88.6M	119.2M	113.2M
Total Stockholder Equity	19.6M	13.2M	13.0M	16.3M	24.5M	25.7M
Property Plant And Equipment Net	937.2K	6.2M	5.6M	4.9M	4.3M	4.5M
Net Debt	(9.7M)	(3.5M)	(3.4M)	(6.0M)	(13.7M)	(13.0M)
Retained Earnings	8.1M	(1.1M)	(3.8M)	(2.7M)	3.7M	3.9M
Cash	9.7M	7.8M	7.4M	9.7M	17.0M	17.8M
Non Current Assets Total	5.7M	9.9M	9.7M	10.5M	17.4M	18.3M
Non Currrent Assets Other	3.0M	(4.8M)	(9.9M)	(10.5M)	4.3M	4.5M
Cash And Short Term Investments	9.7M	7.8M	7.4M	9.7M	17.0M	17.8M
Net Receivables	891.9K	654.9K	4.4M	6.1M	17.8M	18.7M
Common Stock Total Equity	46.4K	48.6K	50.3K	52.7K	60.5K	47.0K
Common Stock Shares Outstanding	54.6M	49.3M	51.0M	52.9M	54.2M	50.3M
Liabilities And Stockholders Equity	53.5M	67.8M	84.1M	108.2M	146.6M	153.9M
Other Current Assets	1.4M	49.5M	62.5M	81.9M	94.4M	89.7M
Other Stockholder Equity	11.4M	14.2M	16.7M	19.0M	20.7M	21.8M
Total Liab	34.2M	54.6M	71.1M	92.0M	122.1M	116.0M
Property Plant And Equipment Gross	937.2K	6.2M	5.6M	4.9M	7.0M	7.4M
Total Current Assets	47.9M	58.0M	74.3M	97.7M	129.2M	122.7M
Intangible Assets	3.8M	3.7M	4.1M	5.7M	8.8M	9.3M
Common Stock	48.6K	50.3K	52.1K	52.7K	53.5K	48.5K
Non Current Liabilities Total	32.7M	4.0M	3.7M	3.3M	2.9M	4.3M
Net Tangible Assets	15.7M	9.5M	8.9M	10.6M	12.2M	12.8M
Current Deferred Revenue	32.7M	48.1M	61.3M	80.2M	92.3M	96.9M
Accounts Payable	1.5M	2.2M	5.8M	8.1M	26.5M	27.8M
Retained Earnings Total Equity	579.6K	8.1M	(1.1M)	(2.7M)	(3.2M)	(3.3M)
Capital Surpluse	8.6M	11.6M	14.4M	19.1M	22.0M	23.1M
Property Plant Equipment	937.2K	6.2M	5.6M	1.3M	1.4M	1.7M
Inventory	35.9M	48.1M	61.3M	80.2M	92.2M	96.8M
Net Invested Capital	19.6M	13.2M	13.0M	16.3M	24.5M	15.8M
Net Working Capital	13.6M	7.4M	6.9M	9.1M	10.0M	8.7M
Capital Stock	48.6K	50.3K	52.1K	52.7K	53.5K	55.6K

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