Prime Historical Balance Sheet

PDV Stock  CAD 8.66  0.02  0.23%   
Trend analysis of Prime Dividend Corp balance sheet accounts such as Cash And Short Term Investments of 14.7 M, Net Receivables of 32.3 K, Common Stock Total Equity of 34.4 M or Common Stock Shares Outstanding of 989.1 K provides information on Prime Dividend's total assets, liabilities, and equity, which is the actual value of Prime Dividend Corp to its prevalent stockholders. By breaking down trends over time using Prime Dividend balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Prime Dividend Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Prime Dividend Corp is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Dividend Corp. 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.

About Prime Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Prime Dividend Corp at a specified time, usually calculated after every quarter, six months, or one year. Prime Dividend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prime Dividend 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 Prime currently owns. An asset can also be divided into two categories, current and non-current.

Prime Dividend Balance Sheet Chart

At this time, Prime Dividend's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 1st of December 2024, Total Liabilities is likely to grow to about 11.3 M, while Total Stockholder Equity is likely to drop about 3.2 M.

Total Assets

Total assets refers to the total amount of Prime Dividend 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 Prime Dividend Corp 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Prime Dividend Corp balance sheet. This account contains Prime Dividend investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Prime Dividend Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most accounts from Prime Dividend's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Prime Dividend Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Prime Dividend Corp. 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, Prime Dividend's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 1st of December 2024, Total Liabilities is likely to grow to about 11.3 M, while Total Stockholder Equity is likely to drop about 3.2 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity4.9M3.7M3.4M3.2M
Total Assets13.6M12.6M11.4M22.7M

Prime Dividend balance sheet Correlations

0.96-0.620.80.920.590.810.03-0.470.930.960.830.810.920.87-0.090.080.850.180.80.66-0.650.680.71-0.650.56
0.96-0.560.810.920.610.750.05-0.570.90.910.760.750.920.89-0.10.020.870.140.780.65-0.650.660.71-0.610.63
-0.62-0.56-0.72-0.8-0.3-0.950.43-0.01-0.41-0.44-0.51-0.95-0.68-0.44-0.290.17-0.660.06-0.640.07-0.05-0.01-0.10.030.04
0.80.81-0.720.930.830.77-0.16-0.260.610.630.560.770.70.50.01-0.220.89-0.120.510.14-0.150.170.2-0.180.14
0.920.92-0.80.930.660.9-0.21-0.380.790.790.720.90.890.730.06-0.10.920.030.770.35-0.360.410.44-0.380.35
0.590.61-0.30.830.660.340.04-0.230.420.480.380.350.330.27-0.12-0.140.64-0.060.170.13-0.130.110.12-0.110.08
0.810.75-0.950.770.90.34-0.31-0.180.640.670.691.00.860.660.18-0.080.770.040.790.22-0.240.30.36-0.30.22
0.030.050.43-0.16-0.210.04-0.31-0.140.060.170.11-0.3-0.060.06-0.80.57-0.070.48-0.250.44-0.450.320.35-0.260.24
-0.47-0.57-0.01-0.26-0.38-0.23-0.18-0.14-0.62-0.49-0.28-0.18-0.52-0.530.220.04-0.49-0.01-0.38-0.530.45-0.54-0.490.33-0.7
0.930.9-0.410.610.790.420.640.06-0.620.950.740.650.890.88-0.140.080.750.160.770.78-0.740.780.79-0.710.68
0.960.91-0.440.630.790.480.670.17-0.490.950.830.670.870.89-0.160.20.710.280.760.82-0.80.810.85-0.780.65
0.830.76-0.510.560.720.380.690.11-0.280.740.830.70.80.76-0.120.280.610.370.70.66-0.670.750.68-0.760.56
0.810.75-0.950.770.90.351.0-0.3-0.180.650.670.70.860.660.18-0.070.780.050.790.23-0.240.310.37-0.30.23
0.920.92-0.680.70.890.330.86-0.06-0.520.890.870.80.860.89-0.040.040.840.150.870.62-0.620.680.69-0.630.63
0.870.89-0.440.50.730.270.660.06-0.530.880.890.760.660.890.00.180.610.290.880.81-0.820.810.9-0.760.78
-0.09-0.1-0.290.010.06-0.120.18-0.80.22-0.14-0.16-0.120.18-0.040.0-0.63-0.12-0.540.22-0.320.31-0.25-0.180.14-0.27
0.080.020.17-0.22-0.1-0.14-0.080.570.040.080.20.28-0.070.040.18-0.63-0.10.980.160.42-0.440.390.38-0.30.33
0.850.87-0.660.890.920.640.77-0.07-0.490.750.710.610.780.840.61-0.12-0.10.00.650.33-0.330.390.37-0.330.35
0.180.140.06-0.120.03-0.060.040.48-0.010.160.280.370.050.150.29-0.540.980.00.30.45-0.480.440.43-0.340.39
0.80.78-0.640.510.770.170.79-0.25-0.380.770.760.70.790.870.880.220.160.650.30.56-0.570.620.68-0.560.57
0.660.650.070.140.350.130.220.44-0.530.780.820.660.230.620.81-0.320.420.330.450.56-0.990.960.97-0.910.85
-0.65-0.65-0.05-0.15-0.36-0.13-0.24-0.450.45-0.74-0.8-0.67-0.24-0.62-0.820.31-0.44-0.33-0.48-0.57-0.99-0.96-0.970.93-0.85
0.680.66-0.010.170.410.110.30.32-0.540.780.810.750.310.680.81-0.250.390.390.440.620.96-0.960.92-0.960.87
0.710.71-0.10.20.440.120.360.35-0.490.790.850.680.370.690.9-0.180.380.370.430.680.97-0.970.92-0.870.83
-0.65-0.610.03-0.18-0.38-0.11-0.3-0.260.33-0.71-0.78-0.76-0.3-0.63-0.760.14-0.3-0.33-0.34-0.56-0.910.93-0.96-0.87-0.76
0.560.630.040.140.350.080.220.24-0.70.680.650.560.230.630.78-0.270.330.350.390.570.85-0.850.870.83-0.76
Click cells to compare fundamentals

Prime Dividend Account Relationship Matchups

Prime Dividend balance sheet Accounts

201920202021202220232024 (projected)
Total Assets14.8M15.5M13.6M12.6M11.4M22.7M
Total Stockholder Equity5.2M6.8M4.9M3.7M3.4M3.2M
Net Debt8.4M8.2M7.8M(1.1M)(1.2M)(1.2M)
Cash946.7K300.2K751.3K1.1M977.8K1.9M
Cash And Short Term Investments946.7K300.2K751.3K12.6M11.3M14.7M
Net Receivables33.4K31.8K23.0K37.7K34.0K32.3K
Common Stock Shares Outstanding941.6K893.2K939.2K621.3K559.2K989.1K
Short Term Investments13.9M15.2M12.8M11.5M10.4M20.7M
Liabilities And Stockholders Equity14.8M15.5M13.6M12.6M11.4M22.7M
Total Liab75.1K93.8K8.7M8.9M8.0M11.3M
Total Current Assets980.1K332.0K774.3K12.6M11.4M14.8M
Common Stock5.2M6.8M4.9M3.7M3.4M3.2M
Other Current Liab(75.1K)(93.8K)(95.5K)127.5K114.8K120.5K
Accounts Payable75.1K93.8K95.5K294.8K339.0K302.6K
Other Stockholder Equity5.2M6.8M4.9M3.7M3.4M3.2M
Total Current Liabilities75.1K93.8K95.5K422.3K380.1K287.3K
Non Current Assets Total13.9M15.2M12.8M11.5M10.4M14.8M
Non Currrent Assets Other(13.9M)(15.2M)(12.8M)(11.5M)(13.2M)(13.9M)
Net Tangible Assets7.0M5.2M6.8M4.9M4.4M6.2M
Current Deferred Revenue(9.3M)(8.4M)(8.4M)(8.2M)(9.5M)(10.0M)
Long Term Investments13.9M15.2M12.8M11.5M10.4M12.9M

Pair Trading with Prime Dividend

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prime Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prime Dividend will appreciate offsetting losses from the drop in the long position's value.

Moving against Prime Stock

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  0.62CMC Cielo Waste SolutionsPairCorr
The ability to find closely correlated positions to Prime Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prime Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prime Dividend Corp to buy it.
The correlation of Prime Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prime Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Dividend Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prime Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Prime Stock

Balance Sheet is a snapshot of the financial position of Prime Dividend Corp at a specified time, usually calculated after every quarter, six months, or one year. Prime Dividend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prime Dividend 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 Prime currently owns. An asset can also be divided into two categories, current and non-current.