Pacific Total Current Liabilities vs Cash Analysis

PBM Stock

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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 Total Current Liabilities 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Bay Minerals Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Pacific Bay's Total Current Liabilities and Cash is 0.46. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., Pacific Bay's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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Total Current Liabilities

Total Current Liabilities is an item on Pacific Bay balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pacific Bay Minerals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Other Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Net Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		-0.04	0.74	0.5	0.3	-0.11	0.37	-0.14	0.06	0.0	-0.01	0.37	-0.31	-0.34	0.68	-0.13	-0.32	0.79	-0.25	-0.03	-0.16	0.51	-0.06	-0.19	0.65	0.71
Total Current Liabilities	-0.04		-0.7	-0.77	-0.57	0.07	0.46	0.18	-0.18	1.0	0.04	0.46	0.5	0.4	-0.46	0.27	0.13	-0.04	0.69	-0.36	0.16	0.27	-0.07	0.21	0.0	0.09
Total Stockholder Equity	0.74	-0.7		0.86	0.62	-0.11	-0.05	-0.25	0.16	-0.67	-0.01	-0.05	-0.56	-0.52	0.79	-0.29	-0.34	0.61	-0.63	0.24	-0.24	0.19	-0.02	-0.31	0.5	0.47
Net Tangible Assets	0.5	-0.77	0.86		0.62	-0.13	-0.09	-0.28	0.17	-0.74	-0.08	-0.11	-0.66	-0.5	0.82	-0.32	-0.27	0.21	-0.7	0.29	-0.33	-0.22	-0.03	-0.29	0.08	0.03
Retained Earnings	0.3	-0.57	0.62	0.62		0.18	-0.26	-0.79	0.41	-0.57	0.65	-0.3	-0.68	-0.91	0.51	-0.76	-0.78	0.36	-0.13	0.77	-0.81	-0.33	-0.65	-0.9	0.49	0.31
Accounts Payable	-0.11	0.07	-0.11	-0.13	0.18		-0.42	-0.09	0.52	0.05	0.43	-0.41	-0.21	-0.1	0.21	-0.58	-0.08	-0.05	0.58	0.49	-0.14	-0.3	-0.57	-0.28	-0.01	-0.13
Cash	0.37	0.46	-0.05	-0.09	-0.26	-0.42		0.02	-0.33	0.49	-0.27	1.0	0.37	0.26	-0.11	0.46	0.24	0.22	0.02	-0.6	0.24	0.52	0.38	0.17	0.15	0.13
Other Assets	-0.14	0.18	-0.25	-0.28	-0.79	-0.09	0.02		-0.16	0.19	-0.71	0.07	0.48	0.76	-0.19	0.57	0.85	-0.2	-0.16	-0.69	0.85	0.24	0.56	0.91	-0.42	-0.25
Net Receivables	0.06	-0.18	0.16	0.17	0.41	0.52	-0.33	-0.16		-0.17	0.29	-0.31	-0.25	-0.41	0.21	-0.39	-0.31	0.15	0.38	0.36	-0.27	-0.16	-0.52	-0.31	0.11	0.07
Total Liab	0.0	1.0	-0.67	-0.74	-0.57	0.05	0.49	0.19	-0.17		0.02	0.5	0.5	0.4	-0.43	0.28	0.15	-0.01	0.67	-0.39	0.17	0.29	-0.06	0.22	0.0	0.09
Short Long Term Debt	-0.01	0.04	-0.01	-0.08	0.65	0.43	-0.27	-0.71	0.29	0.02		-0.3	-0.28	-0.7	0.01	-0.79	-0.72	0.16	0.53	0.82	-0.75	-0.33	-0.83	-0.8	0.4	0.28
Total Current Assets	0.37	0.46	-0.05	-0.11	-0.3	-0.41	1.0	0.07	-0.31	0.5	-0.3		0.4	0.3	-0.12	0.49	0.28	0.22	0.02	-0.63	0.29	0.55	0.41	0.22	0.14	0.13
Short Term Debt	-0.31	0.5	-0.56	-0.66	-0.68	-0.21	0.37	0.48	-0.25	0.5	-0.28	0.4		0.75	-0.56	0.66	0.61	-0.06	0.29	-0.71	0.71	0.49	0.46	0.52	-0.14	-0.18
Common Stock	-0.34	0.4	-0.52	-0.5	-0.91	-0.1	0.26	0.76	-0.41	0.4	-0.7	0.3	0.75		-0.37	0.76	0.9	-0.33	0.03	-0.81	0.91	0.32	0.7	0.83	-0.49	-0.46
Property Plant Equipment	0.68	-0.46	0.79	0.82	0.51	0.21	-0.11	-0.19	0.21	-0.43	0.01	-0.12	-0.56	-0.37		-0.42	-0.26	0.4	-0.42	0.27	-0.27	-0.1	-0.23	-0.32	0.24	0.16
Other Current Liab	-0.13	0.27	-0.29	-0.32	-0.76	-0.58	0.46	0.57	-0.39	0.28	-0.79	0.49	0.66	0.76	-0.42		0.64	-0.17	-0.19	-0.9	0.76	0.54	0.87	0.76	-0.25	-0.15
Other Stockholder Equity	-0.32	0.13	-0.34	-0.27	-0.78	-0.08	0.24	0.85	-0.31	0.15	-0.72	0.28	0.61	0.9	-0.26	0.64		-0.39	-0.16	-0.75	0.92	0.17	0.71	0.85	-0.58	-0.55
Non Current Assets Total	0.79	-0.04	0.61	0.21	0.36	-0.05	0.22	-0.2	0.15	-0.01	0.16	0.22	-0.06	-0.33	0.4	-0.17	-0.39		-0.09	-0.01	-0.1	0.67	-0.18	-0.32	0.91	0.86
Non Currrent Assets Other	-0.25	0.69	-0.63	-0.7	-0.13	0.58	0.02	-0.16	0.38	0.67	0.53	0.02	0.29	0.03	-0.42	-0.19	-0.16	-0.09		0.19	-0.14	-0.02	-0.49	-0.19	0.05	0.03
Net Debt	-0.03	-0.36	0.24	0.29	0.77	0.49	-0.6	-0.69	0.36	-0.39	0.82	-0.63	-0.71	-0.81	0.27	-0.9	-0.75	-0.01	0.19		-0.83	-0.6	-0.78	-0.77	0.2	0.13
Common Stock Shares Outstanding	-0.16	0.16	-0.24	-0.33	-0.81	-0.14	0.24	0.85	-0.27	0.17	-0.75	0.29	0.71	0.91	-0.27	0.76	0.92	-0.1	-0.14	-0.83		0.5	0.78	0.87	-0.31	-0.27
Net Invested Capital	0.51	0.27	0.19	-0.22	-0.33	-0.3	0.52	0.24	-0.16	0.29	-0.33	0.55	0.49	0.32	-0.1	0.54	0.17	0.67	-0.02	-0.6	0.5		0.47	0.31	0.57	0.62
Net Working Capital	-0.06	-0.07	-0.02	-0.03	-0.65	-0.57	0.38	0.56	-0.52	-0.06	-0.83	0.41	0.46	0.7	-0.23	0.87	0.71	-0.18	-0.49	-0.78	0.78	0.47		0.79	-0.32	-0.22
Capital Stock	-0.19	0.21	-0.31	-0.29	-0.9	-0.28	0.17	0.91	-0.31	0.22	-0.8	0.22	0.52	0.83	-0.32	0.76	0.85	-0.32	-0.19	-0.77	0.87	0.31	0.79		-0.53	-0.31
Property Plant And Equipment Net	0.65	0.0	0.5	0.08	0.49	-0.01	0.15	-0.42	0.11	0.0	0.4	0.14	-0.14	-0.49	0.24	-0.25	-0.58	0.91	0.05	0.2	-0.31	0.57	-0.32	-0.53		0.92
Property Plant And Equipment Gross	0.71	0.09	0.47	0.03	0.31	-0.13	0.13	-0.25	0.07	0.09	0.28	0.13	-0.18	-0.46	0.16	-0.15	-0.55	0.86	0.03	0.13	-0.27	0.62	-0.22	-0.31	0.92

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Pacific Bay Account Relationship Matchups

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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