| PDN Stock | | | 7.60 0.16 2.06% |
Paladin Energy financial indicator trend analysis is much more than just breaking down Paladin Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paladin Energy is a good investment. Please check the relationship between Paladin Energy Accounts Payable and its Retained Earnings accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paladin Energy. 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.
Accounts Payable vs Retained Earnings
Accounts Payable vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Paladin Energy Accounts Payable account and
Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Paladin Energy's Accounts Payable and Retained Earnings is 0.37. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Paladin Energy, assuming nothing else is changed. The correlation between historical values of Paladin Energy's Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Paladin Energy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Paladin Energy's Accounts Payable and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.37 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Paladin Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Paladin Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Paladin Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paladin Energy 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 Paladin Energy. 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 drop to about 6.4
M in 2024.
Discontinued Operations is likely to gain to about (39.7
M) in 2024
Paladin Energy fundamental ratios Correlations
Click cells to compare fundamentals
Paladin Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paladin Energy fundamental ratios Accounts
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Additional Tools for Paladin Stock Analysis
When running Paladin Energy's price analysis, check to
measure Paladin Energy's 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 Paladin Energy is operating at the current time. Most of Paladin Energy's value examination focuses on studying past and present price action to
predict the probability of Paladin Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paladin Energy's price. Additionally, you may evaluate how the addition of Paladin Energy to your portfolios can decrease your overall portfolio volatility.