Pacific Accounts Payable vs Total Stockholder Equity Analysis

PBM Stock  CAD 0.05  0.00  0.00%   
Pacific Bay financial indicator trend analysis is much more than just breaking down Pacific Bay Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Bay Minerals is a good investment. Please check the relationship between Pacific Bay Accounts Payable and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Bay Minerals. 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.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Bay Minerals Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pacific Bay's Accounts Payable and Total Stockholder Equity is -0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Pacific Bay Minerals, assuming nothing else is changed. The correlation between historical values of Pacific Bay's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Pacific Bay Minerals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Pacific Bay's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Pacific Bay obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Pacific Bay Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Pacific Bay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Bay Minerals 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 Pacific Bay Minerals. 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.
Selling General Administrative is likely to climb to about 155.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 26.6 K in 2024.

Pacific Bay fundamental ratios Correlations

-0.040.740.50.3-0.110.37-0.140.060.0-0.010.37-0.31-0.340.68-0.13-0.320.79-0.25-0.03-0.160.51-0.06-0.190.650.71
-0.04-0.7-0.77-0.570.070.460.18-0.181.00.040.460.50.4-0.460.270.13-0.040.69-0.360.160.27-0.070.210.00.09
0.74-0.70.860.62-0.11-0.05-0.250.16-0.67-0.01-0.05-0.56-0.520.79-0.29-0.340.61-0.630.24-0.240.19-0.02-0.310.50.47
0.5-0.770.860.62-0.13-0.09-0.280.17-0.74-0.08-0.11-0.66-0.50.82-0.32-0.270.21-0.70.29-0.33-0.22-0.03-0.290.080.03
0.3-0.570.620.620.18-0.26-0.790.41-0.570.65-0.3-0.68-0.910.51-0.76-0.780.36-0.130.77-0.81-0.33-0.65-0.90.490.31
-0.110.07-0.11-0.130.18-0.42-0.090.520.050.43-0.41-0.21-0.10.21-0.58-0.08-0.050.580.49-0.14-0.3-0.57-0.28-0.01-0.13
0.370.46-0.05-0.09-0.26-0.420.02-0.330.49-0.271.00.370.26-0.110.460.240.220.02-0.60.240.520.380.170.150.13
-0.140.18-0.25-0.28-0.79-0.090.02-0.160.19-0.710.070.480.76-0.190.570.85-0.2-0.16-0.690.850.240.560.91-0.42-0.25
0.06-0.180.160.170.410.52-0.33-0.16-0.170.29-0.31-0.25-0.410.21-0.39-0.310.150.380.36-0.27-0.16-0.52-0.310.110.07
0.01.0-0.67-0.74-0.570.050.490.19-0.170.020.50.50.4-0.430.280.15-0.010.67-0.390.170.29-0.060.220.00.09
-0.010.04-0.01-0.080.650.43-0.27-0.710.290.02-0.3-0.28-0.70.01-0.79-0.720.160.530.82-0.75-0.33-0.83-0.80.40.28
0.370.46-0.05-0.11-0.3-0.411.00.07-0.310.5-0.30.40.3-0.120.490.280.220.02-0.630.290.550.410.220.140.13
-0.310.5-0.56-0.66-0.68-0.210.370.48-0.250.5-0.280.40.75-0.560.660.61-0.060.29-0.710.710.490.460.52-0.14-0.18
-0.340.4-0.52-0.5-0.91-0.10.260.76-0.410.4-0.70.30.75-0.370.760.9-0.330.03-0.810.910.320.70.83-0.49-0.46
0.68-0.460.790.820.510.21-0.11-0.190.21-0.430.01-0.12-0.56-0.37-0.42-0.260.4-0.420.27-0.27-0.1-0.23-0.320.240.16
-0.130.27-0.29-0.32-0.76-0.580.460.57-0.390.28-0.790.490.660.76-0.420.64-0.17-0.19-0.90.760.540.870.76-0.25-0.15
-0.320.13-0.34-0.27-0.78-0.080.240.85-0.310.15-0.720.280.610.9-0.260.64-0.39-0.16-0.750.920.170.710.85-0.58-0.55
0.79-0.040.610.210.36-0.050.22-0.20.15-0.010.160.22-0.06-0.330.4-0.17-0.39-0.09-0.01-0.10.67-0.18-0.320.910.86
-0.250.69-0.63-0.7-0.130.580.02-0.160.380.670.530.020.290.03-0.42-0.19-0.16-0.090.19-0.14-0.02-0.49-0.190.050.03
-0.03-0.360.240.290.770.49-0.6-0.690.36-0.390.82-0.63-0.71-0.810.27-0.9-0.75-0.010.19-0.83-0.6-0.78-0.770.20.13
-0.160.16-0.24-0.33-0.81-0.140.240.85-0.270.17-0.750.290.710.91-0.270.760.92-0.1-0.14-0.830.50.780.87-0.31-0.27
0.510.270.19-0.22-0.33-0.30.520.24-0.160.29-0.330.550.490.32-0.10.540.170.67-0.02-0.60.50.470.310.570.62
-0.06-0.07-0.02-0.03-0.65-0.570.380.56-0.52-0.06-0.830.410.460.7-0.230.870.71-0.18-0.49-0.780.780.470.79-0.32-0.22
-0.190.21-0.31-0.29-0.9-0.280.170.91-0.310.22-0.80.220.520.83-0.320.760.85-0.32-0.19-0.770.870.310.79-0.53-0.31
0.650.00.50.080.49-0.010.15-0.420.110.00.40.14-0.14-0.490.24-0.25-0.580.910.050.2-0.310.57-0.32-0.530.92
0.710.090.470.030.31-0.130.13-0.250.070.090.280.13-0.18-0.460.16-0.15-0.550.860.030.13-0.270.62-0.22-0.310.92
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Pacific Bay Account Relationship Matchups

Pacific Bay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets695.3K1.0M904.4K1.1M318.9K636.8K
Total Current Liabilities759.5K979.7K1.1M800.3K702.2K944.4K
Total Stockholder Equity(64.3K)20.9K(205.2K)313.3K(383.3K)(364.1K)
Net Tangible Assets(471.4K)(64.3K)20.9K(205.2K)(184.7K)(175.5K)
Retained Earnings(16.7M)(17.1M)(17.3M)(17.4M)(18.4M)(19.3M)
Accounts Payable131.5K115.9K148.0K190.5K221.0K151.0K
Cash252.0339.6K124.4K39.3K6.1K5.8K
Net Receivables11.7K6.4K1.3K5.0K4.5K4.3K
Total Liab759.5K1.0M1.1M800.3K702.2K950.8K
Short Long Term Debt105.8K115.0K107.7K144.9K69.9K66.4K
Total Current Assets6.9K341.0K129.6K63.6K24.2K23.0K
Common Stock13.1M13.7M13.9M13.9M16.0M14.4M
Property Plant Equipment658.5K671.4K673.0K722.0K649.8K583.3K
Other Current Liab48.5K3.4K94.3K66.4K76.3K80.1K
Non Current Assets Total688.4K690.0K774.8K1.0M294.7K279.9K
Non Currrent Assets Other390.9K701.2K17K52.8K47.5K45.1K
Net Debt265.6K105.5K18.1K105.6K63.8K113.0K
Common Stock Shares Outstanding14.4M16.6M16.9M25.4M31.0M18.8M
Net Invested Capital41.5K166.3K(62.7K)458.2K(313.5K)(297.8K)
Net Working Capital(752.6K)(638.8K)(945.2K)(736.6K)(678.0K)(711.9K)
Capital Stock13.7M13.9M13.9M14.4M14.7M15.3M

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