PFIS Stock | | | USD 58.76 2.27 4.02% |
Peoples Fin financial indicator trend analysis is much more than just breaking down Peoples Fin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peoples Fin is a good investment. Please check the relationship between Peoples Fin Accounts Payable and its Good Will accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peoples Fin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Peoples Stock please use our
How to Invest in Peoples Fin guide.
Accounts Payable vs Good Will
Accounts Payable vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Peoples Fin Accounts Payable account and
Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Peoples Fin's Accounts Payable and Good Will is 0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Peoples Fin, assuming nothing else is changed. The correlation between historical values of Peoples Fin's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Peoples Fin are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Peoples Fin's Accounts Payable and Good Will go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Peoples Fin obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Peoples Fin are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Peoples Fin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peoples Fin 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 Peoples Fin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Peoples Stock please use our
How to Invest in Peoples Fin guide.At this time, Peoples Fin's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 6.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.22 in 2024.
Peoples Fin fundamental ratios Correlations
Click cells to compare fundamentals
Peoples Fin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peoples Fin fundamental ratios Accounts
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Additional Tools for Peoples Stock Analysis
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measure Peoples Fin'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 Peoples Fin is operating at the current time. Most of Peoples Fin's value examination focuses on studying past and present price action to
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