PowerBand Total Assets vs Net Receivables Analysis

PBX Stock

CAD 0.13 0.01 8.33%

PowerBand Solutions financial indicator trend analysis is much more than just breaking down PowerBand Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PowerBand Solutions is a good investment. Please check the relationship between PowerBand Solutions Total Assets and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PowerBand Solutions. 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 Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerBand Solutions Total Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between PowerBand Solutions' Total Assets and Net Receivables is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of PowerBand Solutions, assuming nothing else is changed. The correlation between historical values of PowerBand Solutions' Total Assets and Net Receivables 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 Assets of PowerBand Solutions are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., PowerBand Solutions' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of PowerBand Solutions assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PowerBand Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from PowerBand Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerBand Solutions 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 PowerBand Solutions. 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, PowerBand Solutions' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 5.45 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.6M	1.2M	913.0K	1.1M
Total Operating Expenses	35.6M	28.2M	24.6M	18.7M

Reconciled Depreciation Total Operating Expenses

PowerBand Solutions fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Net Working Capital	Intangible Assets	Capital Stock	Other Current Liab	Property Plant And Equipment Net	Good Will	Capital Lease Obligations
Total Current Liabilities		-0.26	-0.89	0.62	0.49	0.43	0.61	0.57	-0.71	0.67	0.39	0.58	0.06	0.75	0.57	0.66	0.83	-0.53	0.76	-0.88	0.89	0.75	-0.03	-0.93	0.17	-0.9
Net Tangible Assets	-0.26		0.0	-0.07	-0.2	-0.07	0.04	-0.16	0.07	-0.33	-0.07	-0.26	-0.34	-0.06	-0.28	0.0	-0.19	0.09	-0.03	0.11	-0.07	-0.04	-0.49	0.14	-0.38	0.08
Retained Earnings	-0.89	0.0		-0.79	-0.51	-0.67	-0.74	-0.67	0.47	-0.69	-0.67	-0.53	0.1	-0.92	-0.54	-0.78	-0.83	0.27	-0.85	0.68	-0.97	-0.93	0.18	0.84	-0.03	0.98
Accounts Payable	0.62	-0.07	-0.79		0.87	0.92	0.92	0.96	0.03	0.86	0.84	0.83	0.38	0.93	0.84	0.9	0.86	0.25	0.85	-0.31	0.86	0.84	0.06	-0.67	0.42	-0.77
Net Receivables	0.49	-0.2	-0.51	0.87		0.75	0.84	0.95	0.09	0.8	0.59	0.99	0.74	0.69	0.96	0.78	0.78	0.28	0.64	-0.27	0.67	0.51	0.37	-0.63	0.73	-0.49
Total Current Assets	0.43	-0.07	-0.67	0.92	0.75		0.72	0.91	0.3	0.64	0.97	0.68	0.23	0.82	0.67	0.75	0.64	0.51	0.7	-0.01	0.76	0.79	-0.03	-0.53	0.37	-0.66
Common Stock	0.61	0.04	-0.74	0.92	0.84	0.72		0.86	-0.13	0.86	0.61	0.84	0.45	0.9	0.81	0.96	0.92	0.07	0.81	-0.46	0.8	0.75	0.19	-0.65	0.44	-0.72
Total Assets	0.57	-0.16	-0.67	0.96	0.95	0.91	0.86		0.11	0.8	0.8	0.92	0.53	0.83	0.9	0.86	0.81	0.33	0.74	-0.25	0.81	0.71	0.22	-0.69	0.61	-0.66
Total Stockholder Equity	-0.71	0.07	0.47	0.03	0.09	0.3	-0.13	0.11		-0.22	0.32	-0.04	0.19	-0.2	-0.06	-0.12	-0.38	0.97	-0.29	0.93	-0.37	-0.21	0.08	0.54	0.22	0.46
Net Debt	0.67	-0.33	-0.69	0.86	0.8	0.64	0.86	0.8	-0.22		0.54	0.81	0.56	0.83	0.89	0.77	0.91	-0.03	0.85	-0.49	0.73	0.7	0.16	-0.6	0.39	-0.67
Cash	0.39	-0.07	-0.67	0.84	0.59	0.97	0.61	0.8	0.32	0.54		0.51	0.02	0.79	0.51	0.67	0.53	0.49	0.64	0.05	0.72	0.81	-0.11	-0.44	0.2	-0.67
Non Current Assets Total	0.58	-0.26	-0.53	0.83	0.99	0.68	0.84	0.92	-0.04	0.81	0.51		0.75	0.68	0.96	0.79	0.83	0.15	0.64	-0.39	0.69	0.5	0.42	-0.7	0.76	-0.52
Long Term Debt	0.06	-0.34	0.1	0.38	0.74	0.23	0.45	0.53	0.19	0.56	0.02	0.75		0.14	0.76	0.32	0.42	0.27	0.23	-0.04	0.07	-0.08	0.52	-0.18	0.79	0.11
Common Stock Shares Outstanding	0.75	-0.06	-0.92	0.93	0.69	0.82	0.9	0.83	-0.2	0.83	0.79	0.68	0.14		0.68	0.93	0.91	0.01	0.9	-0.49	0.93	0.96	-0.04	-0.73	0.23	-0.92
Non Current Liabilities Total	0.57	-0.28	-0.54	0.84	0.96	0.67	0.81	0.9	-0.06	0.89	0.51	0.96	0.76	0.68		0.71	0.83	0.14	0.72	-0.38	0.67	0.51	0.27	-0.64	0.63	-0.5
Other Stockholder Equity	0.66	0.0	-0.78	0.9	0.78	0.75	0.96	0.86	-0.12	0.77	0.67	0.79	0.32	0.93	0.71		0.9	0.07	0.78	-0.46	0.85	0.81	0.2	-0.72	0.48	-0.8
Total Liab	0.83	-0.19	-0.83	0.86	0.78	0.64	0.92	0.81	-0.38	0.91	0.53	0.83	0.42	0.91	0.83	0.9		-0.17	0.9	-0.67	0.88	0.81	0.12	-0.83	0.45	-0.84
Net Invested Capital	-0.53	0.09	0.27	0.25	0.28	0.51	0.07	0.33	0.97	-0.03	0.49	0.15	0.27	0.01	0.14	0.07	-0.17		-0.05	0.82	-0.15	0.0	0.01	0.33	0.32	0.27
Short Long Term Debt	0.76	-0.03	-0.85	0.85	0.64	0.7	0.81	0.74	-0.29	0.85	0.64	0.64	0.23	0.9	0.72	0.78	0.9	-0.05		-0.53	0.86	0.89	-0.3	-0.74	0.18	-0.84
Net Working Capital	-0.88	0.11	0.68	-0.31	-0.27	-0.01	-0.46	-0.25	0.93	-0.49	0.05	-0.39	-0.04	-0.49	-0.38	-0.46	-0.67	0.82	-0.53		-0.64	-0.44	-0.04	0.78	-0.05	0.67
Intangible Assets	0.89	-0.07	-0.97	0.86	0.67	0.76	0.8	0.81	-0.37	0.73	0.72	0.69	0.07	0.93	0.67	0.85	0.88	-0.15	0.86	-0.64		0.92	-0.07	-0.91	0.26	-0.97
Capital Stock	0.75	-0.04	-0.93	0.84	0.51	0.79	0.75	0.71	-0.21	0.7	0.81	0.5	-0.08	0.96	0.51	0.81	0.81	0.0	0.89	-0.44	0.92		-0.25	-0.72	0.08	-0.95
Other Current Liab	-0.03	-0.49	0.18	0.06	0.37	-0.03	0.19	0.22	0.08	0.16	-0.11	0.42	0.52	-0.04	0.27	0.2	0.12	0.01	-0.3	-0.04	-0.07	-0.25		-0.01	0.64	0.14
Property Plant And Equipment Net	-0.93	0.14	0.84	-0.67	-0.63	-0.53	-0.65	-0.69	0.54	-0.6	-0.44	-0.7	-0.18	-0.73	-0.64	-0.72	-0.83	0.33	-0.74	0.78	-0.91	-0.72	-0.01		-0.4	0.86
Good Will	0.17	-0.38	-0.03	0.42	0.73	0.37	0.44	0.61	0.22	0.39	0.2	0.76	0.79	0.23	0.63	0.48	0.45	0.32	0.18	-0.05	0.26	0.08	0.64	-0.4		-0.1
Capital Lease Obligations	-0.9	0.08	0.98	-0.77	-0.49	-0.66	-0.72	-0.66	0.46	-0.67	-0.67	-0.52	0.11	-0.92	-0.5	-0.8	-0.84	0.27	-0.84	0.67	-0.97	-0.95	0.14	0.86	-0.1

Click cells to compare fundamentals

PowerBand Solutions Account Relationship Matchups

PowerBand Solutions fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	6.1M	9.3M	11.1M	7.3M	18.5M	19.4M
Net Tangible Assets	1.0M	(3.5M)	(6.4M)	(3.7M)	(3.3M)	(3.5M)
Retained Earnings	(19.6M)	(23.3M)	(45.8M)	(75.3M)	(96.0M)	(91.2M)
Accounts Payable	1.5M	1.5M	2.4M	2.8M	1.7M	1.5M
Net Receivables	994.8K	1.3M	1.5M	890.9K	411.2K	785.9K
Total Current Assets	2.0M	3.3M	9.1M	12.0M	2.6M	4.2M
Common Stock	3.9M	11.8M	16.2M	18.9M	21.8M	11.2M
Total Assets	9.1M	13.8M	20.4M	17.2M	6.9M	11.2M
Total Stockholder Equity	(1.7M)	(697.7K)	3.9M	8.0M	(12.0M)	(11.4M)
Cash	243.0K	1.4M	5.1M	10.1M	1.8M	3.0M
Non Current Assets Total	7.1M	10.5M	11.3M	5.2M	4.3M	6.6M
Common Stock Shares Outstanding	105.8M	137.5M	198.2M	298.8M	299.3M	172.2M
Non Current Liabilities Total	4.4M	3.7M	4.8M	2.5M	2.0M	2.8M
Other Current Assets	272.8K	569.9K	631.9K	751.9K	864.7K	489.8K
Total Liab	10.5M	13.0M	15.9M	9.9M	20.5M	11.1M
Net Invested Capital	(189.9K)	(443.0K)	7.8M	9.7M	(9.3M)	(8.8M)
Long Term Investments	268.2K	636.6K	195.5K	442.7K	564.9K	499.6K
Short Long Term Debt	1.5M	254.6K	2.2M	1.7M	2.6M	1.3M
Net Working Capital	(4.1M)	(5.9M)	(2.0M)	4.7M	(15.9M)	(15.1M)
Intangible Assets	1.4M	1.6M	2.9M	4.8M	5.5M	5.8M
Capital Stock	16.2M	18.9M	43.9M	65.7M	65.8M	40.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for PowerBand Stock Analysis

When running PowerBand Solutions' price analysis, check to measure PowerBand Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerBand Solutions is operating at the current time. Most of PowerBand Solutions' value examination focuses on studying past and present price action to predict the probability of PowerBand Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerBand Solutions' price. Additionally, you may evaluate how the addition of PowerBand Solutions to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC