| PBL Stock | | | CAD 25.65 0.25 0.98% |
Pollard Banknote financial indicator trend analysis is much more than just breaking down Pollard Banknote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pollard Banknote is a good investment. Please check the relationship between Pollard Banknote Cash And Short Term Investments and its Good Will accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pollard Banknote Limited. 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.
Cash And Short Term Investments vs Good Will
Cash And Short Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pollard Banknote Cash And Short Term Investments account and
Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pollard Banknote's Cash And Short Term Investments and Good Will is 0.23. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Pollard Banknote Limited, assuming nothing else is changed. The correlation between historical values of Pollard Banknote's Cash And Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Pollard Banknote Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Short Term Investments i.e., Pollard Banknote's Cash And Short Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | 0.23 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pollard Banknote balance sheet. This account contains Pollard Banknote investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pollard Banknote Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Pollard Banknote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pollard Banknote 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 Pollard Banknote Limited. 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, Pollard Banknote's
Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024,
Tax Provision is likely to grow to about 7.2
M, while
Issuance Of Capital Stock is likely to drop about 655.5
K.
Pollard Banknote fundamental ratios Correlations
Click cells to compare fundamentals
Pollard Banknote Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pollard Banknote fundamental ratios Accounts
Other Information on Investing in Pollard Stock
Balance Sheet is a snapshot of the
financial position of Pollard Banknote at a specified time, usually calculated after every quarter, six months, or one year. Pollard Banknote Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pollard Banknote and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pollard currently owns. An asset can also be divided into two categories, current and non-current.