| PE1 Stock | | | 1.13 0.03 2.59% |
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 Total Revenue and its Total Current Liabilities 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.
Total Revenue vs Total Current Liabilities
Total Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pengana Private Equity Total Revenue account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pengana Private's Total Revenue and Total Current Liabilities is -0.09. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities 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 Total Revenue and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Pengana Private Equity are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Pengana Private's Total Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Pengana Private Equity generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Current Liabilities
Total Current Liabilities is an item on Pengana Private balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pengana Private Equity are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Profit | 81.0M | 23.9M | 720K | 684K | Total Revenue | 81.0M | 23.9M | 7.2M | 6.9M |
Pengana Private fundamental ratios Correlations
Click cells to compare fundamentals
Pengana Private Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pengana Private fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Pengana Stock Analysis
When running Pengana Private's price analysis, check to
measure Pengana Private'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 Pengana Private is operating at the current time. Most of Pengana Private's value examination focuses on studying past and present price action to
predict the probability of Pengana Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pengana Private's price. Additionally, you may evaluate how the addition of Pengana Private to your portfolios can decrease your overall portfolio volatility.