Pacific Other Current Liab vs Other Assets 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 Other Current Liab and its Other Assets 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.
Other Current Liab vs Other Assets
Other Current Liab vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Bay Minerals Other Current Liab account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pacific Bay's Other Current Liab and Other Assets is 0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Assets 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 Other Current Liab and Other 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 Other Current Liab of Pacific Bay Minerals are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Liab i.e., Pacific Bay's Other Current Liab and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
Other Assets
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
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Pacific Bay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Bay fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 695.3K | 1.0M | 904.4K | 1.1M | 318.9K | 636.8K | |
Total Current Liabilities | 759.5K | 979.7K | 1.1M | 800.3K | 702.2K | 944.4K | |
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 Payable | 131.5K | 115.9K | 148.0K | 190.5K | 221.0K | 151.0K | |
Cash | 252.0 | 339.6K | 124.4K | 39.3K | 6.1K | 5.8K | |
Net Receivables | 11.7K | 6.4K | 1.3K | 5.0K | 4.5K | 4.3K | |
Total Liab | 759.5K | 1.0M | 1.1M | 800.3K | 702.2K | 950.8K | |
Short Long Term Debt | 105.8K | 115.0K | 107.7K | 144.9K | 69.9K | 66.4K | |
Total Current Assets | 6.9K | 341.0K | 129.6K | 63.6K | 24.2K | 23.0K | |
Common Stock | 13.1M | 13.7M | 13.9M | 13.9M | 16.0M | 14.4M | |
Property Plant Equipment | 658.5K | 671.4K | 673.0K | 722.0K | 649.8K | 583.3K | |
Other Current Liab | 48.5K | 3.4K | 94.3K | 66.4K | 76.3K | 80.1K | |
Non Current Assets Total | 688.4K | 690.0K | 774.8K | 1.0M | 294.7K | 279.9K | |
Non Currrent Assets Other | 390.9K | 701.2K | 17K | 52.8K | 47.5K | 45.1K | |
Net Debt | 265.6K | 105.5K | 18.1K | 105.6K | 63.8K | 113.0K | |
Common Stock Shares Outstanding | 14.4M | 16.6M | 16.9M | 25.4M | 31.0M | 18.8M | |
Net Invested Capital | 41.5K | 166.3K | (62.7K) | 458.2K | (313.5K) | (297.8K) | |
Net Working Capital | (752.6K) | (638.8K) | (945.2K) | (736.6K) | (678.0K) | (711.9K) | |
Capital Stock | 13.7M | 13.9M | 13.9M | 14.4M | 14.7M | 15.3M |
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