Pacific Property Plant And Equipment Net vs Cash 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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Bay Minerals Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pacific Bay's Property Plant And Equipment Net and Cash is 0.15. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Pacific Bay Minerals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Pacific Bay's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash
Cash refers to the most liquid asset of Pacific Bay Minerals, which is listed under current asset account on Pacific Bay Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pacific Bay customers. The amounts must be unrestricted with restricted cash listed in a different Pacific Bay account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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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