Paladin Other Assets vs Common Stock Analysis
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 Other Assets and its Common Stock 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.
Other Assets vs Common Stock
Other Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paladin Energy Other Assets account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Paladin Energy's Other Assets and Common Stock is -0.1. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock 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 Other Assets and Common Stock 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 Assets of Paladin Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Assets i.e., Paladin Energy's Other Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Common Stock
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
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.8K | 14.3M | 13.6M | 26.5M | Depreciation And Amortization | 25.7M | 9.2M | 14.7M | 19.9M |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 364.4M | 481.1M | 699.5M | 473.0M | 621.8M | 786.3M | |
Total Current Liabilities | 2.3M | 3.8M | 3.8M | 9.6M | 74.3M | 72.5M | |
Total Stockholder Equity | 153.4M | 377.2M | 600.6M | 407.6M | 706.4M | 363.1M | |
Property Plant And Equipment Net | 303.0M | 260.6M | 264.9M | 316.1M | 400.5M | 575.1M | |
Net Debt | 203.0M | 50.5M | (143.3M) | (36.1M) | 118.5M | 194.0M | |
Retained Earnings | (2.1B) | (2.9B) | (3.1B) | (2.2B) | (3.2B) | (3.0B) | |
Accounts Payable | 1.5M | 2.3M | 2.2M | 9.1M | 15.1M | 19.7M | |
Cash | 34.2M | 42.2M | 258.9M | 126.6M | 79.6M | 81.0M | |
Non Current Assets Total | 321.7M | 427.8M | 423.9M | 324.3M | 422.3M | 638.5M | |
Non Currrent Assets Other | (113.2M) | 132.6M | 147.4M | (323.9M) | 8.0M | 8.4M | |
Cash And Short Term Investments | 34.2M | 42.2M | 258.9M | 126.6M | 79.6M | 81.9M | |
Net Receivables | 1.1M | 2.6M | 7.4M | 2.8M | 11.9M | 20.3M | |
Liabilities And Stockholders Equity | 364.4M | 481.1M | 699.5M | 473.0M | 931.0M | 802.7M | |
Other Stockholder Equity | (71.6M) | (223.7M) | (342.6M) | (484.9M) | (477.6M) | (1.05) | |
Total Liab | 271.4M | 152.5M | 178.3M | 138.0M | 335.4M | 442.5M | |
Property Plant And Equipment Gross | 441.5M | 543.5M | 528.2M | 551.2M | 639.8M | 677.3M | |
Total Current Assets | 42.7M | 53.3M | 275.6M | 148.8M | 199.4M | 147.8M | |
Accumulated Other Comprehensive Income | (70.3M) | (79.1M) | (104.6M) | (70.0M) | (104.3M) | (99.1M) | |
Common Stock | 2.3B | 3.3B | 3.8B | 2.6B | 4.0B | 4.2B | |
Other Current Liab | 522K | 540K | 335K | 331K | 25.5M | 26.7M | |
Other Current Assets | 2.2M | 2.3M | 1.8M | 13.7M | 17.4M | 18.2M | |
Short Term Debt | 215K | 49K | 55K | 159K | 33.7M | 48.0M | |
Short Long Term Debt Total | 237.2M | 92.7M | 115.6M | 90.5M | 167.4M | 314.6M | |
Non Current Liabilities Total | 269.1M | 148.7M | 174.5M | 128.4M | 261.1M | 362.6M | |
Intangible Assets | 8.8M | 11.1M | 11.3M | 7.8M | 12.8M | 11.8M | |
Property Plant Equipment | 303.0M | 295.2M | 283.5M | 316.1M | 363.5M | 345.4M | |
Long Term Debt | 237.0M | 68.7M | 78.6M | 89.7M | 132.3M | 239.8M | |
Inventory | 5.1M | 6.8M | 7.4M | 5.6M | 125.3M | 131.5M | |
Other Liab | 32.1M | 42.1M | 40.5M | 38.0M | 43.8M | 41.6M | |
Net Tangible Assets | 144.6M | 274.9M | 405.2M | 399.8M | 459.7M | 232.1M | |
Long Term Debt Total | 237.0M | 69.5M | 79.4M | 90.3M | 81.3M | 152.8M | |
Net Invested Capital | 568.9M | 352.0M | 491.6M | 497.3M | 637.1M | 542.2M | |
Net Working Capital | 58.9M | 37.2M | 186.9M | 139.2M | 149.9M | 157.4M |
Thematic Opportunities
Explore Investment Opportunities
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.