PDF Other Current Assets vs Common Stock Shares Outstanding Analysis

PDFS Stock  USD 30.79  0.58  1.92%   
PDF Solutions financial indicator trend analysis is much more than just breaking down PDF Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PDF Solutions is a good investment. Please check the relationship between PDF Solutions Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PDF 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 census.
For more information on how to buy PDF Stock please use our How to Invest in PDF Solutions guide.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PDF Solutions Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PDF Solutions' Other Current Assets and Common Stock Shares Outstanding is 0.53. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of PDF Solutions, assuming nothing else is changed. The correlation between historical values of PDF Solutions' Other Current Assets and Common Stock Shares Outstanding 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 Assets of PDF Solutions are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., PDF Solutions' Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from PDF Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PDF 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 PDF 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 census.
For more information on how to buy PDF Stock please use our How to Invest in PDF Solutions guide.At this time, PDF Solutions' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit66.9M100.6M114.1M119.8M
Total Revenue111.1M148.5M165.8M90.9M

PDF Solutions fundamental ratios Correlations

0.280.770.670.980.680.830.68-0.31-0.070.670.40.920.430.370.940.760.930.840.480.570.360.660.830.96-0.28
0.28-0.09-0.310.380.56-0.11-0.39-0.44-0.040.080.520.04-0.440.50.360.570.340.56-0.3-0.28-0.44-0.35-0.110.420.13
0.77-0.090.770.70.350.720.77-0.35-0.150.510.40.740.51-0.020.710.480.720.580.440.650.550.740.720.71-0.41
0.67-0.310.770.560.290.840.980.0-0.50.640.00.740.8-0.120.580.270.670.570.560.840.840.990.840.560.04
0.980.380.70.560.70.770.58-0.40.020.580.480.860.360.440.940.820.910.840.370.510.250.550.770.98-0.33
0.680.560.350.290.70.630.26-0.330.00.620.390.690.180.730.480.80.590.680.40.42-0.060.320.630.61-0.11
0.83-0.110.720.840.770.630.85-0.08-0.10.810.110.950.640.320.640.50.690.580.740.780.530.881.00.67-0.23
0.68-0.390.770.980.580.260.850.02-0.40.59-0.030.760.83-0.140.580.250.660.510.570.850.840.980.850.56-0.09
-0.31-0.44-0.350.0-0.4-0.33-0.080.02-0.20.05-0.98-0.07-0.09-0.37-0.38-0.6-0.34-0.460.33-0.270.320.05-0.08-0.450.33
-0.07-0.04-0.15-0.50.020.0-0.1-0.4-0.2-0.140.22-0.02-0.410.5-0.120.11-0.33-0.430.04-0.35-0.69-0.43-0.1-0.09-0.67
0.670.080.510.640.580.620.810.590.05-0.140.050.80.260.380.50.360.50.470.820.430.320.70.810.51-0.05
0.40.520.40.00.480.390.11-0.03-0.980.220.050.150.010.40.460.650.410.51-0.240.22-0.35-0.050.110.53-0.34
0.920.040.740.740.860.690.950.76-0.07-0.020.80.150.50.380.740.590.770.630.760.640.430.780.950.77-0.29
0.43-0.440.510.80.360.180.640.83-0.09-0.410.260.010.5-0.150.330.150.510.40.350.920.720.790.640.340.0
0.370.5-0.02-0.120.440.730.32-0.14-0.370.50.380.40.38-0.150.20.660.150.260.210.04-0.55-0.070.320.32-0.19
0.940.360.710.580.940.480.640.58-0.38-0.120.50.460.740.330.20.680.930.860.240.410.350.530.640.98-0.26
0.760.570.480.270.820.80.50.25-0.60.110.360.650.590.150.660.680.70.760.050.37-0.120.240.50.8-0.21
0.930.340.720.670.910.590.690.66-0.34-0.330.50.410.770.510.150.930.70.930.290.60.470.630.690.95-0.09
0.840.560.580.570.840.680.580.51-0.46-0.430.470.510.630.40.260.860.760.930.110.530.340.510.580.90.06
0.48-0.30.440.560.370.40.740.570.330.040.82-0.240.760.350.210.240.050.290.110.420.360.660.740.24-0.17
0.57-0.280.650.840.510.420.780.85-0.27-0.350.430.220.640.920.040.410.370.60.530.420.620.840.780.46-0.06
0.36-0.440.550.840.25-0.060.530.840.32-0.690.32-0.350.430.72-0.550.35-0.120.470.340.360.620.810.530.280.14
0.66-0.350.740.990.550.320.880.980.05-0.430.7-0.050.780.79-0.070.530.240.630.510.660.840.810.880.520.0
0.83-0.110.720.840.770.631.00.85-0.08-0.10.810.110.950.640.320.640.50.690.580.740.780.530.880.67-0.23
0.960.420.710.560.980.610.670.56-0.45-0.090.510.530.770.340.320.980.80.950.90.240.460.280.520.67-0.25
-0.280.13-0.410.04-0.33-0.11-0.23-0.090.33-0.67-0.05-0.34-0.290.0-0.19-0.26-0.21-0.090.06-0.17-0.060.140.0-0.23-0.25
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PDF Solutions Account Relationship Matchups

PDF Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets239.5M287.6M273.8M278.7M290.1M177.8M
Other Current Liab6.7M9.8M8.4M18.5M14.9M8.5M
Total Current Liabilities28.0M42.2M43.8M58.2M50.8M53.4M
Total Stockholder Equity196.2M234.5M219.6M210.0M228.9M148.7M
Other Liab7.7M4.4M5.1M4.5M5.2M3.8M
Property Plant And Equipment Net48.4M45.9M40.7M46.2M42.3M44.4M
Current Deferred Revenue11.8M21.2M23.7M27.9M27.3M28.7M
Net Debt(88.1M)(21.9M)(20.7M)(112.3M)(92.8M)(97.4M)
Retained Earnings(35.9M)(76.2M)(97.7M)(101.2M)(98.0M)(93.1M)
Accounts Payable7.6M4.4M5.6M6.4M2.6M2.6M
Cash97.6M30.3M27.7M119.6M99.0M73.3M
Non Current Assets Total92.0M94.2M85.3M85.3M92.3M50.0M
Non Currrent Assets Other5.6M5.7M7.8M6.0M19.2M20.2M
Other Assets35.0M14.6M9.2M6.9M7.9M10.5M
Cash And Short Term Investments97.6M145.3M140.2M139.2M135.5M87.9M
Net Receivables40.7M34.1M40.1M42.2M44.9M33.1M
Common Stock Shares Outstanding32.4M34.5M37.1M37.3M38.9M31.5M
Liabilities And Stockholders Equity239.5M287.6M273.8M278.7M290.1M177.8M
Non Current Liabilities Total15.4M10.9M10.4M10.5M10.3M6.1M
Other Current Assets9.3M5.9M8.2M12.1M17.4M18.3M
Other Stockholder Equity(91.7M)311.0M318.4M313.7M329.4M345.8M
Total Liab43.4M53.1M54.2M68.7M61.2M64.2M
Property Plant And Equipment Gross48.4M45.9M40.7M46.2M42.3M44.4M
Total Current Assets147.6M193.4M188.5M193.4M197.8M127.8M
Accumulated Other Comprehensive Income(1.5M)(225K)(1.1M)(2.6M)(2.4M)(2.5M)
Common Stock325.2M407.2M423.1M447.4M6K5.7K
Property Plant Equipment40.8M39.2M40.7M40.2M46.2M48.5M
Intangible Assets6.2M24.6M21.2M18.1M15.6M10.9M
Treasury Stock(91.7M)(96.2M)(104.7M)(133.7M)(120.3M)(114.3M)
Net Tangible Assets196.2M234.5M184.2M177.8M204.5M191.2M
Retained Earnings Total Equity(35.9M)(76.2M)(97.7M)(101.2M)(91.0M)(95.6M)
Capital Surpluse325.2M407.2M423.1M447.4M514.5M345.0M

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