PFOCUS Stock | | | 132.88 4.03 3.13% |
Prime Focus financial indicator trend analysis is much more than just breaking down Prime Focus Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prime Focus Limited is a good investment. Please check the relationship between Prime Focus Current Deferred Revenue and its Total Stockholder Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Focus Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Prime Focus Limited Current Deferred Revenue account and
Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prime Focus' Current Deferred Revenue and Total Stockholder Equity is -0.3. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Prime Focus Limited, assuming nothing else is changed. The correlation between historical values of Prime Focus' Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Prime Focus Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Prime Focus' Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
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.
Most indicators from Prime Focus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prime Focus Limited 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 Prime Focus Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At present, Prime Focus'
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Issuance Of Capital Stock is expected to grow to about 17
M, whereas
Tax Provision is projected to grow to (933
M).
Prime Focus fundamental ratios Correlations
Click cells to compare fundamentals
Prime Focus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prime Focus fundamental ratios Accounts
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Other Information on Investing in Prime Stock
Balance Sheet is a snapshot of the
financial position of Prime Focus Limited at a specified time, usually calculated after every quarter, six months, or one year. Prime Focus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prime Focus 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.