Pointsbet Net Debt vs Total Current Assets Analysis

PBH Stock

1.04 0.01 0.97%

Pointsbet Holdings financial indicator trend analysis is much more than just breaking down Pointsbet Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pointsbet Holdings is a good investment. Please check the relationship between Pointsbet Holdings Net Debt and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pointsbet 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 board of governors.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pointsbet Holdings Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Pointsbet Holdings' Net Debt and Total Current Assets is -0.85. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Pointsbet Holdings, assuming nothing else is changed. The correlation between historical values of Pointsbet Holdings' Net Debt 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 Net Debt of Pointsbet Holdings 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 Net Debt i.e., Pointsbet Holdings' Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Pointsbet Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pointsbet 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 Pointsbet 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 board of governors.

At this time, Pointsbet Holdings' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 185.8 K in 2024, whereas Discontinued Operations is likely to drop (203.4 M) in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	230.7M	310.6M	273.7M	191.0M
Total Revenue	195.4M	210.3M	245.5M	131.5M

Other Operating Expenses Total Revenue

Pointsbet Holdings fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash And Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Net Tangible Assets	Current Deferred Revenue	Non Currrent Assets Other	Other Assets	Inventory	Other Stockholder Equity	Long Term Investments
Total Assets		0.9	1.0	-0.52	0.95	0.95	0.97	0.93	0.86	0.87	0.91	0.89	-0.92	0.4	0.93	0.9	0.89	0.61	0.87	0.76	0.1	0.8	0.01	-0.13	-0.69	0.8
Total Current Liabilities	0.9		0.88	-0.82	0.9	0.93	0.91	0.8	0.98	0.78	1.0	0.74	-0.87	0.71	0.87	0.75	0.95	0.84	0.7	0.94	0.51	0.64	-0.05	0.26	-0.83	0.64
Total Stockholder Equity	1.0	0.88		-0.48	0.96	0.92	0.98	0.9	0.84	0.84	0.89	0.88	-0.9	0.35	0.91	0.87	0.87	0.58	0.85	0.72	0.07	0.76	0.03	-0.19	-0.68	0.77
Retained Earnings	-0.52	-0.82	-0.48		-0.57	-0.64	-0.57	-0.42	-0.87	-0.47	-0.82	-0.33	0.48	-0.89	-0.47	-0.34	-0.79	-0.92	-0.34	-0.91	-0.89	-0.22	0.16	-0.69	0.85	-0.21
Cash And Short Term Investments	0.95	0.9	0.96	-0.57		0.84	1.0	0.77	0.88	0.71	0.91	0.74	-0.83	0.4	0.84	0.71	0.84	0.66	0.7	0.75	0.23	0.59	0.03	-0.14	-0.72	0.59
Total Liab	0.95	0.93	0.92	-0.64	0.84		0.87	0.95	0.87	0.93	0.93	0.9	-0.92	0.57	0.93	0.93	0.95	0.67	0.89	0.83	0.24	0.86	-0.07	0.11	-0.73	0.86
Total Current Assets	0.97	0.91	0.98	-0.57	1.0	0.87		0.81	0.89	0.75	0.91	0.78	-0.85	0.4	0.86	0.76	0.86	0.65	0.75	0.76	0.2	0.64	0.01	-0.14	-0.73	0.64
Intangible Assets	0.93	0.8	0.9	-0.42	0.77	0.95	0.81		0.74	0.97	0.79	0.98	-0.87	0.42	0.89	0.98	0.86	0.5	0.96	0.69	-0.01	0.9	0.06	-0.03	-0.64	0.91
Common Stock	0.86	0.98	0.84	-0.87	0.88	0.87	0.89	0.74		0.72	0.98	0.66	-0.77	0.73	0.77	0.66	0.95	0.9	0.65	0.97	0.58	0.54	-0.08	0.34	-0.89	0.53
Property Plant Equipment	0.87	0.78	0.84	-0.47	0.71	0.93	0.75	0.97	0.72		0.77	0.98	-0.83	0.54	0.84	0.94	0.82	0.5	0.89	0.69	0.07	0.84	0.21	0.05	-0.66	0.84
Other Current Liab	0.91	1.0	0.89	-0.82	0.91	0.93	0.91	0.79	0.98	0.77		0.72	-0.87	0.68	0.86	0.74	0.95	0.83	0.7	0.92	0.51	0.64	-0.1	0.22	-0.82	0.64
Property Plant And Equipment Net	0.89	0.74	0.88	-0.33	0.74	0.9	0.78	0.98	0.66	0.98	0.72		-0.84	0.38	0.86	0.96	0.77	0.42	0.91	0.62	-0.1	0.87	0.23	-0.11	-0.57	0.87
Net Debt	-0.92	-0.87	-0.9	0.48	-0.83	-0.92	-0.85	-0.87	-0.77	-0.83	-0.87	-0.84		-0.45	-1.0	-0.89	-0.79	-0.52	-0.76	-0.7	-0.11	-0.85	-0.03	0.07	0.49	-0.87
Accounts Payable	0.4	0.71	0.35	-0.89	0.4	0.57	0.4	0.42	0.73	0.54	0.68	0.38	-0.45		0.44	0.33	0.64	0.75	0.26	0.81	0.81	0.19	0.19	0.74	-0.73	0.2
Cash	0.93	0.87	0.91	-0.47	0.84	0.93	0.86	0.89	0.77	0.84	0.86	0.86	-1.0	0.44		0.9	0.8	0.52	0.77	0.7	0.09	0.86	0.04	-0.08	-0.5	0.88
Non Current Assets Total	0.9	0.75	0.87	-0.34	0.71	0.93	0.76	0.98	0.66	0.94	0.74	0.96	-0.89	0.33	0.9		0.8	0.43	0.95	0.62	-0.1	0.96	-0.01	-0.09	-0.51	0.97
Net Receivables	0.89	0.95	0.87	-0.79	0.84	0.95	0.86	0.86	0.95	0.82	0.95	0.77	-0.79	0.64	0.8	0.8		0.83	0.83	0.93	0.44	0.7	-0.2	0.28	-0.87	0.69
Common Stock Shares Outstanding	0.61	0.84	0.58	-0.92	0.66	0.67	0.65	0.5	0.9	0.5	0.83	0.42	-0.52	0.75	0.52	0.43	0.83		0.42	0.94	0.76	0.34	-0.19	0.59	-0.83	0.31
Other Current Assets	0.87	0.7	0.85	-0.34	0.7	0.89	0.75	0.96	0.65	0.89	0.7	0.91	-0.76	0.26	0.77	0.95	0.83	0.42		0.61	-0.1	0.88	-0.13	-0.08	-0.61	0.88
Net Tangible Assets	0.76	0.94	0.72	-0.91	0.75	0.83	0.76	0.69	0.97	0.69	0.92	0.62	-0.7	0.81	0.7	0.62	0.93	0.94	0.61		0.66	0.5	-0.09	0.53	-0.89	0.49
Current Deferred Revenue	0.1	0.51	0.07	-0.89	0.23	0.24	0.2	-0.01	0.58	0.07	0.51	-0.1	-0.11	0.81	0.09	-0.1	0.44	0.76	-0.1	0.66		-0.17	-0.17	0.79	-0.61	-0.19
Non Currrent Assets Other	0.8	0.64	0.76	-0.22	0.59	0.86	0.64	0.9	0.54	0.84	0.64	0.87	-0.85	0.19	0.86	0.96	0.7	0.34	0.88	0.5	-0.17		-0.16	-0.13	-0.32	1.0
Other Assets	0.01	-0.05	0.03	0.16	0.03	-0.07	0.01	0.06	-0.08	0.21	-0.1	0.23	-0.03	0.19	0.04	-0.01	-0.2	-0.19	-0.13	-0.09	-0.17	-0.16		-0.13	0.01	-0.13
Inventory	-0.13	0.26	-0.19	-0.69	-0.14	0.11	-0.14	-0.03	0.34	0.05	0.22	-0.11	0.07	0.74	-0.08	-0.09	0.28	0.59	-0.08	0.53	0.79	-0.13	-0.13		-0.43	-0.15
Other Stockholder Equity	-0.69	-0.83	-0.68	0.85	-0.72	-0.73	-0.73	-0.64	-0.89	-0.66	-0.82	-0.57	0.49	-0.73	-0.5	-0.51	-0.87	-0.83	-0.61	-0.89	-0.61	-0.32	0.01	-0.43		-0.31
Long Term Investments	0.8	0.64	0.77	-0.21	0.59	0.86	0.64	0.91	0.53	0.84	0.64	0.87	-0.87	0.2	0.88	0.97	0.69	0.31	0.88	0.49	-0.19	1.0	-0.13	-0.15	-0.31

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Pointsbet Holdings Account Relationship Matchups

Pointsbet Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	216.2M	624.4M	961.1M	606.8M	81.9M	77.8M
Total Current Liabilities	26.4M	80.4M	107.1M	102.5M	60.3M	49.5M
Total Stockholder Equity	177.1M	447.5M	736.4M	501.5M	19.3M	18.3M
Retained Earnings	(93.5M)	(281.2M)	(548.9M)	(792.6M)	(834.9M)	(793.2M)
Cash And Short Term Investments	144.3M	276.2M	519.6M	553.0M	42.2M	40.1M
Total Liab	39.0M	176.9M	224.7M	105.3M	62.6M	77.8M
Total Current Assets	146.1M	315.2M	602.8M	559.9M	48.7M	46.2M
Intangible Assets	56.8M	142.5M	212.5M	41.6M	30.4M	28.8M
Common Stock	261.8M	666.1M	1.2B	1.2B	810.6M	523.7M
Property Plant Equipment	11.6M	16.9M	24.2M	4.0M	4.6M	8.1M
Other Current Liab	17.7M	71.5M	94.2M	93.4M	46.3M	47.3M
Property Plant And Equipment Net	11.6M	16.9M	24.2M	4.0M	2.3M	2.1M
Net Debt	(57.2M)	(264.5M)	(197.6M)	(151.3M)	(39.9M)	(41.9M)
Accounts Payable	7.5M	6.2M	7.0M	7.7M	13.3M	14.0M
Cash	66.3M	276.2M	215.3M	154.8M	42.2M	40.1M
Non Current Assets Total	70.1M	309.2M	358.2M	46.8M	33.2M	31.5M
Net Receivables	272.2K	1.9M	3.5M	2.1M	1.7M	1.3M
Common Stock Shares Outstanding	153.5M	198.8M	255.4M	306.0M	318.1M	213.2M
Long Term Debt Total	8.2M	85.1M	92.9M	2.3M	2.6M	2.5M
Liabilities And Stockholders Equity	216.2M	624.4M	961.1M	606.8M	81.9M	77.8M
Other Current Assets	1.5M	37.2M	79.7M	4.8M	4.8M	4.6M
Accumulated Other Comprehensive Income	8.8M	62.6M	88.2M	89.7M	43.6M	40.6M
Short Term Debt	874.8K	2.6M	4.5M	1.3M	674K	1.2M
Net Tangible Assets	120.3M	305.6M	523.9M	459.8M	528.8M	269.8M
Current Deferred Revenue	434.8K	200K	1.3M	77.0M	88.5M	93.0M
Non Currrent Assets Other	1.5M	149.8M	121.6M	1.3M	575K	546.3K
Other Stockholder Equity	(168.3M)	1.0	(648.1M)	(411.8M)	(370.6M)	(352.1M)
Long Term Investments	1.7M	149.8M	121.6M	1.3M	575K	546.3K
Other Liab	4.4M	86.5M	104.5M	613K	705.0K	669.7K
Non Current Liabilities Total	12.6M	96.4M	117.7M	2.9M	2.3M	2.2M
Net Invested Capital	177.1M	524.2M	816.1M	501.5M	19.3M	18.3M
Property Plant And Equipment Gross	11.6M	19.7M	30.1M	6.4M	5.0M	4.7M
Capital Stock	261.8M	666.1M	1.2B	1.2B	810.6M	781.8M
Net Working Capital	119.6M	234.5M	495.8M	457.5M	(11.6M)	(11.0M)

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