Palladyne Free Cash Flow Yield vs Ptb Ratio Analysis

PDYNW Stock

0.19 0.08 72.73%

Palladyne financial indicator trend analysis is much more than just breaking down Palladyne AI Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palladyne AI Corp is a good investment. Please check the relationship between Palladyne Free Cash Flow Yield and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palladyne AI 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palladyne AI Corp Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between Palladyne's Free Cash Flow Yield and Ptb Ratio is 0.76. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Palladyne AI Corp, assuming nothing else is changed. The correlation between historical values of Palladyne's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Palladyne AI Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Palladyne's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Palladyne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palladyne AI Corp 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 Palladyne AI 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, Palladyne's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 44.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2M	3.0M	1.1M	1.7M
Total Revenue	5.1M	14.6M	6.1M	9.5M

Gross Profit Total Revenue

Palladyne fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.24	0.56	0.67	0.97	0.63	0.77	-0.74	-0.45	0.72	0.78	0.61	0.81	-0.14	0.95	0.46	0.47	0.89	0.38	0.6	0.98	0.73	0.85	0.97	0.59	-0.14
Short Long Term Debt Total	0.24		0.93	0.88	0.12	0.9	0.7	0.41	-0.86	0.72	-0.34	0.87	0.72	-0.51	0.01	0.88	0.93	0.56	0.99	0.77	0.18	0.78	0.67	0.11	0.92	-0.51
Other Current Liab	0.56	0.93		0.98	0.43	0.99	0.91	0.05	-0.94	0.8	0.02	0.91	0.92	-0.57	0.35	0.85	0.99	0.83	0.97	0.79	0.52	0.96	0.9	0.42	1.0	-0.57
Total Current Liabilities	0.67	0.88	0.98		0.54	1.0	0.91	-0.04	-0.91	0.88	0.12	0.95	0.96	-0.54	0.46	0.88	0.95	0.88	0.94	0.87	0.61	0.97	0.94	0.53	0.99	-0.54
Total Stockholder Equity	0.97	0.12	0.43	0.54		0.5	0.69	-0.81	-0.27	0.63	0.84	0.51	0.68	0.1	0.99	0.36	0.31	0.79	0.26	0.51	0.98	0.61	0.73	1.0	0.47	0.1
Property Plant And Equipment Net	0.63	0.9	0.99	1.0	0.5		0.91	0.0	-0.92	0.86	0.07	0.95	0.94	-0.54	0.41	0.88	0.97	0.85	0.96	0.85	0.57	0.96	0.92	0.49	1.0	-0.54
Current Deferred Revenue	0.77	0.7	0.91	0.91	0.69	0.91		-0.34	-0.84	0.7	0.41	0.77	0.94	-0.45	0.65	0.63	0.87	0.95	0.81	0.64	0.78	0.98	0.97	0.68	0.91	-0.45
Net Debt	-0.74	0.41	0.05	-0.04	-0.81	0.0	-0.34		-0.11	-0.07	-1.0	0.07	-0.27	-0.22	-0.88	0.25	0.14	-0.49	0.26	0.08	-0.81	-0.21	-0.36	-0.81	0.03	-0.22
Retained Earnings	-0.45	-0.86	-0.94	-0.91	-0.27	-0.92	-0.84	-0.11		-0.65	0.04	-0.78	-0.88	0.81	-0.21	-0.7	-0.98	-0.79	-0.91	-0.64	-0.4	-0.92	-0.85	-0.25	-0.93	0.81
Accounts Payable	0.72	0.72	0.8	0.88	0.63	0.86	0.7	-0.07	-0.65		0.14	0.97	0.85	-0.28	0.52	0.94	0.73	0.74	0.77	0.99	0.61	0.77	0.81	0.62	0.83	-0.28
Cash	0.78	-0.34	0.02	0.12	0.84	0.07	0.41	-1.0	0.04	0.14		0.0	0.35	0.18	0.91	-0.18	-0.06	0.55	-0.19	-0.01	0.85	0.29	0.43	0.85	0.05	0.18
Non Current Assets Total	0.61	0.87	0.91	0.95	0.51	0.95	0.77	0.07	-0.78	0.97	0.0		0.87	-0.38	0.4	0.98	0.86	0.75	0.9	0.97	0.52	0.85	0.83	0.5	0.93	-0.38
Non Currrent Assets Other	0.81	0.72	0.92	0.96	0.68	0.94	0.94	-0.27	-0.88	0.85	0.35	0.87		-0.57	0.63	0.76	0.89	0.97	0.82	0.79	0.77	0.98	0.99	0.67	0.93	-0.57
Long Term Debt	-0.14	-0.51	-0.57	-0.54	0.1	-0.54	-0.45	-0.22	0.81	-0.28	0.18	-0.38	-0.57		0.11	-0.32	-0.7	-0.49	-0.54	-0.26	-0.08	-0.59	-0.52	0.11	-0.56	1.0
Cash And Short Term Investments	0.95	0.01	0.35	0.46	0.99	0.41	0.65	-0.88	-0.21	0.52	0.91	0.4	0.63	0.11		0.23	0.24	0.76	0.16	0.39	0.98	0.55	0.68	0.99	0.38	0.11
Net Receivables	0.46	0.88	0.85	0.88	0.36	0.88	0.63	0.25	-0.7	0.94	-0.18	0.98	0.76	-0.32	0.23		0.8	0.59	0.88	0.98	0.35	0.73	0.7	0.36	0.86	-0.32
Common Stock Shares Outstanding	0.47	0.93	0.99	0.95	0.31	0.97	0.87	0.14	-0.98	0.73	-0.06	0.86	0.89	-0.7	0.24	0.8		0.79	0.97	0.73	0.42	0.94	0.86	0.3	0.98	-0.7
Non Current Liabilities Total	0.89	0.56	0.83	0.88	0.79	0.85	0.95	-0.49	-0.79	0.74	0.55	0.75	0.97	-0.49	0.76	0.59	0.79		0.69	0.65	0.88	0.95	0.99	0.78	0.84	-0.49
Capital Lease Obligations	0.38	0.99	0.97	0.94	0.26	0.96	0.81	0.26	-0.91	0.77	-0.19	0.9	0.82	-0.54	0.16	0.88	0.97	0.69		0.8	0.33	0.87	0.78	0.25	0.97	-0.54
Inventory	0.6	0.77	0.79	0.87	0.51	0.85	0.64	0.08	-0.64	0.99	-0.01	0.97	0.79	-0.26	0.39	0.98	0.73	0.65	0.8		0.48	0.72	0.74	0.51	0.82	-0.26
Other Current Assets	0.98	0.18	0.52	0.61	0.98	0.57	0.78	-0.81	-0.4	0.61	0.85	0.52	0.77	-0.08	0.98	0.35	0.42	0.88	0.33	0.48		0.71	0.82	0.98	0.54	-0.08
Other Stockholder Equity	0.73	0.78	0.96	0.97	0.61	0.96	0.98	-0.21	-0.92	0.77	0.29	0.85	0.98	-0.59	0.55	0.73	0.94	0.95	0.87	0.72	0.71		0.98	0.6	0.96	-0.59
Total Liab	0.85	0.67	0.9	0.94	0.73	0.92	0.97	-0.36	-0.85	0.81	0.43	0.83	0.99	-0.52	0.68	0.7	0.86	0.99	0.78	0.74	0.82	0.98		0.72	0.91	-0.52
Net Invested Capital	0.97	0.11	0.42	0.53	1.0	0.49	0.68	-0.81	-0.25	0.62	0.85	0.5	0.67	0.11	0.99	0.36	0.3	0.78	0.25	0.51	0.98	0.6	0.72		0.45	0.11
Property Plant And Equipment Gross	0.59	0.92	1.0	0.99	0.47	1.0	0.91	0.03	-0.93	0.83	0.05	0.93	0.93	-0.56	0.38	0.86	0.98	0.84	0.97	0.82	0.54	0.96	0.91	0.45		-0.56
Short Long Term Debt	-0.14	-0.51	-0.57	-0.54	0.1	-0.54	-0.45	-0.22	0.81	-0.28	0.18	-0.38	-0.57	1.0	0.11	-0.32	-0.7	-0.49	-0.54	-0.26	-0.08	-0.59	-0.52	0.11	-0.56

Click cells to compare fundamentals

Palladyne Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Palladyne Stock Analysis

When running Palladyne's price analysis, check to measure Palladyne'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 Palladyne is operating at the current time. Most of Palladyne's value examination focuses on studying past and present price action to predict the probability of Palladyne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palladyne's price. Additionally, you may evaluate how the addition of Palladyne to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Palladyne Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Palladyne fundamental ratios Correlations

Palladyne Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Palladyne Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Other Current Liab
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt	+ 1.0	Long Term Debt
Capital Lease Obligations	+ 0.99	Short Long Term Debt Total

Cash	- 1.0	Net Debt
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Retained Earnings	- 0.94	Other Current Liab
Property Plant And Equipment Gross	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.92	Retained Earnings
Retained Earnings	- 0.92	Property Plant And Equipment Net