Pollard Good Will vs Total Current Assets Analysis

PBL Stock  CAD 25.30  0.15  0.60%   
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 Good Will and its Total Current Assets 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.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pollard Banknote Good Will account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pollard Banknote's Good Will and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets 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 Good Will 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 Good Will of Pollard Banknote Limited 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 Good Will i.e., Pollard Banknote's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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 22nd 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.
 2021 2022 2023 2024 (projected)
Gross Profit91.1M81.8M59.8M50.0M
Total Revenue459.0M482.3M520.4M546.5M

Pollard Banknote fundamental ratios Correlations

0.780.990.960.920.991.00.980.55-0.380.820.990.740.870.890.820.50.080.490.91-0.390.790.890.91-0.30.99
0.780.810.830.860.770.780.770.3-0.210.460.780.30.550.510.460.71-0.160.710.59-0.250.40.640.77-0.090.79
0.990.810.960.931.00.980.980.56-0.40.80.980.720.810.850.770.48-0.010.480.9-0.410.720.870.94-0.270.98
0.960.830.960.990.950.970.930.34-0.230.650.920.610.760.810.70.59-0.040.580.82-0.190.630.840.97-0.30.97
0.920.860.930.990.910.930.890.24-0.170.580.880.540.720.760.650.61-0.110.610.76-0.090.580.80.95-0.30.94
0.990.771.00.950.910.980.980.58-0.40.820.980.750.830.870.790.450.010.450.92-0.420.740.880.93-0.270.99
1.00.780.980.970.930.980.970.5-0.340.80.970.740.870.890.820.490.060.490.9-0.330.780.880.92-0.31.0
0.980.770.980.930.890.980.970.59-0.440.830.990.750.850.880.810.450.040.450.9-0.440.770.870.9-0.280.96
0.550.30.560.340.240.580.50.59-0.620.780.630.520.490.490.450.150.170.140.7-0.950.50.540.360.040.5
-0.38-0.21-0.4-0.23-0.17-0.4-0.34-0.44-0.62-0.53-0.46-0.36-0.35-0.36-0.33-0.13-0.11-0.12-0.420.61-0.4-0.36-0.24-0.28-0.32
0.820.460.80.650.580.820.80.830.78-0.530.840.860.910.910.890.10.270.090.94-0.580.90.870.6-0.250.79
0.990.780.980.920.880.980.970.990.63-0.460.840.740.850.870.80.50.120.490.9-0.490.770.890.88-0.280.97
0.740.30.720.610.540.750.740.750.52-0.360.860.740.860.870.93-0.180.26-0.180.83-0.30.870.80.56-0.310.72
0.870.550.810.760.720.830.870.850.49-0.350.910.850.860.970.980.190.340.180.89-0.260.960.910.65-0.350.84
0.890.510.850.810.760.870.890.880.49-0.360.910.870.870.970.940.180.210.180.93-0.250.910.930.74-0.410.87
0.820.460.770.70.650.790.820.810.45-0.330.890.80.930.980.940.020.330.020.84-0.230.970.850.59-0.340.8
0.50.710.480.590.610.450.490.450.15-0.130.10.5-0.180.190.180.02-0.011.00.23-0.210.080.290.54-0.090.49
0.08-0.16-0.01-0.04-0.110.010.060.040.17-0.110.270.120.260.340.210.33-0.01-0.010.09-0.130.410.21-0.18-0.20.02
0.490.710.480.580.610.450.490.450.14-0.120.090.49-0.180.180.180.021.0-0.010.23-0.20.070.280.54-0.090.49
0.910.590.90.820.760.920.90.90.7-0.420.940.90.830.890.930.840.230.090.23-0.470.810.940.79-0.230.9
-0.39-0.25-0.41-0.19-0.09-0.42-0.33-0.44-0.950.61-0.58-0.49-0.3-0.26-0.25-0.23-0.21-0.13-0.2-0.47-0.3-0.3-0.22-0.13-0.34
0.790.40.720.630.580.740.780.770.5-0.40.90.770.870.960.910.970.080.410.070.81-0.30.80.51-0.360.75
0.890.640.870.840.80.880.880.870.54-0.360.870.890.80.910.930.850.290.210.280.94-0.30.80.77-0.320.88
0.910.770.940.970.950.930.920.90.36-0.240.60.880.560.650.740.590.54-0.180.540.79-0.220.510.77-0.240.93
-0.3-0.09-0.27-0.3-0.3-0.27-0.3-0.280.04-0.28-0.25-0.28-0.31-0.35-0.41-0.34-0.09-0.2-0.09-0.23-0.13-0.36-0.32-0.24-0.26
0.990.790.980.970.940.991.00.960.5-0.320.790.970.720.840.870.80.490.020.490.9-0.340.750.880.93-0.26
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Pollard Banknote Account Relationship Matchups

Pollard Banknote fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets352.3M404.6M461.4M499.3M515.7M541.5M
Other Current Liab1.7M6.0M1.3M7.3M10.8M11.3M
Total Current Liabilities53.4M70.9M91.0M105.0M101.4M106.5M
Total Stockholder Equity123.3M142.4M207.0M251.9M274.8M288.5M
Retained Earnings8.9M30.8M58.7M93.2M119.6M125.6M
Accounts Payable47.4M59.4M81.3M89.5M82.6M86.7M
Non Current Assets Total219.6M263.9M308.2M314.3M332.5M349.1M
Net Receivables62.4M66.4M77.8M89.4M85.2M89.5M
Common Stock Shares Outstanding25.9M26.0M27.1M27.2M27.4M23.0M
Liabilities And Stockholders Equity352.3M404.6M461.4M499.3M515.7M541.5M
Other Stockholder Equity5.7M2.6M(1.6M)8.9M8.0M7.6M
Total Liab229.0M262.2M254.4M247.3M240.9M142.7M
Total Current Assets132.6M140.6M153.2M184.9M183.2M192.4M
Other Current Assets20.2M25.8M26.8M31.9M8.1M10.8M
Accumulated Other Comprehensive Income5.7M2.6M(1.6M)8.9M4.5M4.7M
Short Long Term Debt Total143.2M148.0M131.7M135.3M137.2M110.6M
Property Plant And Equipment Net91.9M96.4M104.6M100.6M100.5M67.5M
Net Debt135.8M146.1M128.2M133.8M107.9M102.6M
Cash7.4M1.9M3.5M1.5M29.3M30.8M
Non Currrent Assets Other195.0M219.6M584K1.5M7.8M7.4M
Cash And Short Term Investments7.4M1.9M3.5M1.5M29.3M30.8M
Good Will70.0M89.3M108.2M111.2M111.0M63.9M
Non Current Liabilities Total175.6M191.3M163.5M142.3M139.5M129.1M
Inventory42.5M46.6M45.0M62.1M60.5M37.3M
Property Plant And Equipment Gross91.9M96.4M301.5M321.4M323.8M339.9M
Short Term Debt4.4M5.1M6.2M6.1M4.7M6.2M
Intangible Assets54.2M74.1M94.3M99.5M103.9M109.1M
Common Stock108.6M108.6M109.0M149.8M150.7M111.5M
Other Liab36.7M48.4M37.9M13.1M15.1M27.2M
Net Tangible Assets(471K)(20.7M)4.7M41.4M47.6M50.0M
Other Assets2.8M3.5M789K2.1M(1.0)(0.95)
Long Term Debt127.3M131.1M115.1M121.7M119.7M113.0M
Deferred Long Term Liab445K325K205K85K76.5K72.7K
Long Term Investments1.2M881K585K549K518K744.8K
Property Plant Equipment91.9M96.4M104.6M100.6M115.7M75.5M
Long Term Debt Total138.8M142.9M125.5M129.2M148.6M124.3M

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.