Pengana Net Invested Capital vs Cash And Short Term Investments Analysis

PE1 Stock   1.23  0.10  8.85%   
Pengana Private financial indicator trend analysis is much more than just breaking down Pengana Private Equity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pengana Private Equity is a good investment. Please check the relationship between Pengana Private Net Invested Capital and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pengana Private Equity. 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.

Net Invested Capital vs Cash And Short Term Investments

Net Invested Capital vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pengana Private Equity Net Invested Capital account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pengana Private's Net Invested Capital and Cash And Short Term Investments is 0.16. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Pengana Private Equity, assuming nothing else is changed. The correlation between historical values of Pengana Private's Net Invested Capital and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Pengana Private Equity are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Invested Capital i.e., Pengana Private's Net Invested Capital and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Pengana Private Equity balance sheet. This account contains Pengana Private investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pengana Private Equity 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.
Most indicators from Pengana Private's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pengana Private Equity 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 Pengana Private Equity. 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.
Issuance Of Capital Stock is likely to gain to about 60.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit81.0M23.9M720K684K
Total Revenue81.0M23.9M7.2M6.9M

Pengana Private fundamental ratios Correlations

1.00.990.520.520.80.98-0.940.681.0-0.560.550.61.00.98-0.95-0.25-0.480.80.60.98-0.610.99-0.48-0.48-0.48
1.00.990.540.540.820.98-0.930.661.0-0.530.530.581.00.98-0.94-0.23-0.460.790.580.98-0.590.99-0.46-0.46-0.46
0.990.990.540.540.840.95-0.940.610.98-0.460.460.510.990.96-0.91-0.21-0.390.730.520.96-0.520.97-0.39-0.39-0.39
0.520.540.541.00.510.41-0.340.010.530.16-0.16-0.130.520.42-0.350.380.160.3-0.130.420.130.510.160.160.16
0.520.540.541.00.510.41-0.340.010.530.16-0.16-0.130.520.42-0.350.380.160.3-0.130.420.130.510.160.160.16
0.80.820.840.510.510.81-0.790.30.81-0.240.250.380.810.77-0.74-0.42-0.240.730.40.77-0.410.8-0.24-0.24-0.24
0.980.980.950.410.410.81-0.910.690.98-0.610.610.680.970.98-0.96-0.38-0.530.890.680.98-0.690.98-0.53-0.53-0.53
-0.94-0.93-0.94-0.34-0.34-0.79-0.91-0.78-0.930.66-0.66-0.69-0.95-0.940.950.410.61-0.69-0.7-0.940.7-0.940.610.610.61
0.680.660.610.010.010.30.69-0.780.68-0.950.950.90.70.76-0.84-0.45-0.90.550.90.76-0.890.72-0.9-0.9-0.9
1.01.00.980.530.530.810.98-0.930.68-0.560.560.611.00.98-0.95-0.25-0.490.820.610.98-0.621.0-0.49-0.49-0.49
-0.56-0.53-0.460.160.16-0.24-0.610.66-0.95-0.56-1.0-0.98-0.56-0.670.760.640.93-0.61-0.97-0.670.97-0.60.930.930.93
0.550.530.46-0.16-0.160.250.61-0.660.950.56-1.00.980.560.66-0.77-0.65-0.950.610.980.66-0.970.6-0.95-0.95-0.95
0.60.580.51-0.13-0.130.380.68-0.690.90.61-0.980.980.60.72-0.8-0.76-0.920.721.00.72-1.00.64-0.92-0.92-0.92
1.01.00.990.520.520.810.97-0.950.71.0-0.560.560.60.97-0.96-0.24-0.50.770.60.97-0.611.0-0.5-0.5-0.5
0.980.980.960.420.420.770.98-0.940.760.98-0.670.660.720.97-0.97-0.38-0.560.860.721.0-0.720.98-0.56-0.56-0.56
-0.95-0.94-0.91-0.35-0.35-0.74-0.960.95-0.84-0.950.76-0.77-0.8-0.96-0.970.450.72-0.83-0.81-0.970.81-0.970.720.720.72
-0.25-0.23-0.210.380.38-0.42-0.380.41-0.45-0.250.64-0.65-0.76-0.24-0.380.450.61-0.57-0.77-0.380.78-0.280.610.610.61
-0.48-0.46-0.390.160.16-0.24-0.530.61-0.9-0.490.93-0.95-0.92-0.5-0.560.720.61-0.51-0.92-0.560.91-0.551.01.01.0
0.80.790.730.30.30.730.89-0.690.550.82-0.610.610.720.770.86-0.83-0.57-0.510.730.86-0.740.82-0.51-0.51-0.51
0.60.580.52-0.13-0.130.40.68-0.70.90.61-0.970.981.00.60.72-0.81-0.77-0.920.730.72-1.00.65-0.92-0.92-0.92
0.980.980.960.420.420.770.98-0.940.760.98-0.670.660.720.971.0-0.97-0.38-0.560.860.72-0.720.98-0.56-0.56-0.56
-0.61-0.59-0.520.130.13-0.41-0.690.7-0.89-0.620.97-0.97-1.0-0.61-0.720.810.780.91-0.74-1.0-0.72-0.650.910.910.91
0.990.990.970.510.510.80.98-0.940.721.0-0.60.60.641.00.98-0.97-0.28-0.550.820.650.98-0.65-0.55-0.55-0.55
-0.48-0.46-0.390.160.16-0.24-0.530.61-0.9-0.490.93-0.95-0.92-0.5-0.560.720.611.0-0.51-0.92-0.560.91-0.551.01.0
-0.48-0.46-0.390.160.16-0.24-0.530.61-0.9-0.490.93-0.95-0.92-0.5-0.560.720.611.0-0.51-0.92-0.560.91-0.551.01.0
-0.48-0.46-0.390.160.16-0.24-0.530.61-0.9-0.490.93-0.95-0.92-0.5-0.560.720.611.0-0.51-0.92-0.560.91-0.551.01.0
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Pengana Private Account Relationship Matchups

Pengana Private fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets214.2M348.6M463.8M458.6M460.6M396.3M
Total Stockholder Equity214.0M341.7M449.3M449.7M428.8M384.8M
Retained Earnings(1.9M)31.3M90.0M88.6M70.9M51.2M
Cash108.4M103.3M119.8M77.7M10.9M10.4M
Cash And Short Term Investments108.4M103.3M119.8M77.7M10.9M10.4M
Net Receivables50K67K133K365K102K132.9K
Common Stock Shares Outstanding164.9M237.6M248.9M278.8M278.2M254.6M
Liabilities And Stockholders Equity214.2M348.6M463.8M458.6M460.6M396.3M
Total Liab195K334K14.5M466K31.8M33.4M
Common Stock205.7M300.1M359.3M361.1M357.9M328.0M

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