Polar Selling General Administrative vs Net Income Analysis

PCT Stock   344.50  9.00  2.68%   
Polar Capital financial indicator trend analysis is much more than just breaking down Polar Capital Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polar Capital Technology is a good investment. Please check the relationship between Polar Capital Selling General Administrative and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Capital Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative vs Net Income

Selling General Administrative vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polar Capital Technology Selling General Administrative account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Polar Capital's Selling General Administrative and Net Income is 0.41. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income in the same time period over historical financial statements of Polar Capital Technology, assuming nothing else is changed. The correlation between historical values of Polar Capital's Selling General Administrative and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Polar Capital Technology are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling General Administrative i.e., Polar Capital's Selling General Administrative and Net Income go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Polar Capital Technology financial statement analysis. It represents the amount of money remaining after all of Polar Capital Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Polar Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polar Capital Technology 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 Polar Capital Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Tax Provision is expected to grow to about 2 M, whereas Selling General Administrative is forecasted to decline to about 1.1 M.
 2023 2024 (projected)
Research Development273.7K245.9K
Interest Income6.4M6.8M

Polar Capital fundamental ratios Correlations

1.00.090.340.66-0.420.190.59-0.38-0.38-0.130.65-0.581.0-0.430.660.550.63-0.10.70.710.430.7-0.520.630.28
1.00.080.320.65-0.430.190.58-0.39-0.39-0.150.64-0.571.0-0.440.650.540.63-0.090.690.70.420.69-0.520.640.28
0.090.080.160.120.06-0.540.460.520.18-0.190.29-0.290.010.120.20.520.53-0.050.250.450.070.46-0.1-0.020.07
0.340.320.160.750.320.230.860.390.450.690.77-0.730.290.530.750.68-0.09-0.620.780.660.810.66-0.42-0.330.28
0.660.650.120.750.280.270.820.230.250.350.6-0.970.620.321.00.480.1-0.240.980.760.870.75-0.44-0.10.21
-0.42-0.430.060.320.280.080.140.730.690.54-0.26-0.33-0.460.880.27-0.13-0.65-0.170.20.030.490.030.09-0.9-0.19
0.190.19-0.540.230.270.080.03-0.050.260.280.02-0.140.23-0.020.210.08-0.16-0.250.210.010.290.0-0.08-0.06-0.17
0.590.580.460.860.820.140.030.310.270.430.8-0.820.530.290.840.820.26-0.560.880.920.730.92-0.47-0.060.22
-0.38-0.390.520.390.230.73-0.050.310.890.38-0.04-0.35-0.450.780.250.24-0.21-0.10.250.190.410.180.13-0.79-0.13
-0.38-0.390.180.450.250.690.260.270.890.6-0.06-0.3-0.410.780.240.2-0.41-0.220.240.130.460.120.18-0.84-0.24
-0.13-0.15-0.190.690.350.540.280.430.380.60.28-0.28-0.140.70.310.27-0.62-0.680.310.240.580.23-0.15-0.65-0.05
0.650.640.290.770.6-0.260.020.8-0.04-0.060.28-0.580.61-0.040.620.770.43-0.470.690.70.480.71-0.690.280.42
-0.58-0.57-0.29-0.73-0.97-0.33-0.14-0.82-0.35-0.3-0.28-0.58-0.53-0.38-0.99-0.48-0.140.17-0.97-0.73-0.85-0.720.390.15-0.24
1.01.00.010.290.62-0.460.230.53-0.45-0.41-0.140.61-0.53-0.470.620.50.6-0.090.660.660.390.65-0.510.660.26
-0.43-0.440.120.530.320.88-0.020.290.780.780.7-0.04-0.38-0.470.320.06-0.65-0.280.270.090.610.080.19-0.930.06
0.660.650.20.751.00.270.210.840.250.240.310.62-0.990.620.320.510.14-0.230.990.780.860.77-0.45-0.090.23
0.550.540.520.680.48-0.130.080.820.240.20.270.77-0.480.50.060.510.5-0.610.620.80.490.79-0.350.150.31
0.630.630.53-0.090.1-0.65-0.160.26-0.21-0.41-0.620.43-0.140.6-0.650.140.50.140.230.43-0.140.44-0.310.770.29
-0.1-0.09-0.05-0.62-0.24-0.17-0.25-0.56-0.1-0.22-0.68-0.470.17-0.09-0.28-0.23-0.610.14-0.29-0.45-0.34-0.460.180.17-0.12
0.70.690.250.780.980.20.210.880.250.240.310.69-0.970.660.270.990.620.23-0.290.830.850.83-0.47-0.030.26
0.710.70.450.660.760.030.010.920.190.130.240.7-0.730.660.090.780.80.43-0.450.830.611.0-0.50.140.18
0.430.420.070.810.870.490.290.730.410.460.580.48-0.850.390.610.860.49-0.14-0.340.850.610.59-0.22-0.370.36
0.70.690.460.660.750.030.00.920.180.120.230.71-0.720.650.080.770.790.44-0.460.831.00.59-0.530.140.18
-0.52-0.52-0.1-0.42-0.440.09-0.08-0.470.130.18-0.15-0.690.39-0.510.19-0.45-0.35-0.310.18-0.47-0.5-0.22-0.53-0.26-0.03
0.630.64-0.02-0.33-0.1-0.9-0.06-0.06-0.79-0.84-0.650.280.150.66-0.93-0.090.150.770.17-0.030.14-0.370.14-0.260.26
0.280.280.070.280.21-0.19-0.170.22-0.13-0.24-0.050.42-0.240.260.060.230.310.29-0.120.260.180.360.18-0.030.26
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Polar Capital Account Relationship Matchups

Polar Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B3.5B3.2B2.9B3.9B4.1B
Total Stockholder Equity2.3B3.4B3.1B2.8B3.8B4.0B
Accounts Payable50.0M29.2M50.6M21.6M8.4M8.0M
Cash146.7M216.2M303.9M239.1M103.0M93.7M
Total Liab107.1M90.8M109.3M74.7M59.8M61.9M
Common Stock33.4M33.5M33.6M34.3M30.9M27.1M
Common Stock Shares Outstanding133.8M136.9M135.0M129.4M123.4M105.5M
Other Current Liab57.0M7.1M6.7M(21.6M)(56.9M)(54.1M)
Total Current Liabilities107.1M39.7M109.3M23.8M61.3M64.4M
Net Debt(89.7M)(161.6M)(251.9M)(188.3M)(54.5M)(57.2M)
Non Current Assets Total2.2B3.2B2.8B2.6B3.7B3.9B
Non Currrent Assets Other(3.4M)(4.1M)(6.5M)(2.6M)(3.7B)(3.5B)
Cash And Short Term Investments146.7M216.2M311.4M239.1M103.0M103.5M
Net Receivables47.2M34.4M29.3M18.4M34.6M20.0M
Common Stock Total Equity33.4M33.5M33.6M34.3M39.5M36.4M
Liabilities And Stockholders Equity2.4B3.5B3.2B2.9B3.9B4.1B
Other Stockholder Equity157.5M(1.8B)(2.1B)223.4M201.0M211.1M
Total Current Assets197.3M256.6M349.2M262.7M153.4M125.6M
Short Long Term Debt Total57.0M54.6M52.0M50.8M48.5M40.9M
Retained Earnings2.1B3.1B2.8B2.6B(142.9M)(135.7M)
Non Current Liabilities Total57.0M51.1M52.0M50.8M48.5M40.7M
Current Deferred Revenue(57.0M)(3.5M)(52.0M)(40.0M)(36.0M)(34.2M)
Other Current Assets8.9M7.7M10.3M7.4M15.8M16.6M
Short Term Debt57.0M3.5M52.0M48.5M55.7M32.4M
Net Tangible Assets2.3B3.4B3.1B2.8B3.3B2.0B
Long Term Investments2.2B3.2B2.8B2.6B3.7B2.1B
Capital Surpluse157.5M157.9M170.5M223.4M256.9M187.6M
Net Invested Capital2.4B3.5B3.1B2.9B3.9B2.8B
Short Term Investments(3.4M)(4.1M)(6.5M)(2.6M)(2.3M)(2.4M)

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Other Information on Investing in Polar Stock

Balance Sheet is a snapshot of the financial position of Polar Capital Technology at a specified time, usually calculated after every quarter, six months, or one year. Polar Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polar Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Polar currently owns. An asset can also be divided into two categories, current and non-current.