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 Non Current Liabilities Total and its Short Term Investments 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pollard Banknote Non Current Liabilities Total account and
Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pollard Banknote's Non Current Liabilities Total and Short Term Investments is -0.3. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Term Investments 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 Non Current Liabilities Total and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Pollard Banknote Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Pollard Banknote's Non Current Liabilities Total and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments is an item under the current assets section of Pollard Banknote balance sheet. It contains any investments Pollard Banknote Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Pollard Banknote can easily liquidate in the marketplace.
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.
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.