Prime Total Current Assets vs Accounts Payable Analysis

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 Total Current Assets and its Accounts Payable 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.

Total Current Assets vs Accounts Payable

Total Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prime Focus Limited Total Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Prime Focus' Total Current Assets and Accounts Payable is 0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Accounts Payable 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' Total Current Assets and Accounts Payable 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 Current Assets of Prime Focus Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Assets i.e., Prime Focus' Total Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Accounts Payable

An accounting item on the balance sheet that represents Prime Focus 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 Prime Focus Limited 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.
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).
 2021 2022 2023 2024 (projected)
Gross Profit31.6B43.0B35.7B20.0B
Total Revenue33.7B46.3B39.3B23.9B

Prime Focus fundamental ratios Correlations

0.970.690.7-0.210.830.97-0.750.690.610.840.790.540.760.570.40.930.430.270.990.960.610.5-0.720.610.66
0.970.580.71-0.390.831.0-0.760.560.680.810.810.560.680.510.410.910.40.250.990.950.490.54-0.710.670.56
0.690.580.27-0.020.430.61-0.320.560.150.50.720.50.440.130.490.730.05-0.060.670.70.44-0.14-0.740.090.35
0.70.710.27-0.280.870.68-0.850.710.90.850.490.260.80.630.020.450.250.270.730.550.680.68-0.10.940.65
-0.21-0.39-0.02-0.28-0.22-0.390.440.19-0.37-0.19-0.5-0.48-0.060.0-0.41-0.310.130.04-0.34-0.20.17-0.30.26-0.360.12
0.830.830.430.87-0.220.81-0.770.810.810.950.70.580.810.650.390.70.210.240.840.710.710.62-0.430.740.65
0.971.00.610.68-0.390.81-0.740.560.630.790.830.570.670.490.430.930.40.250.990.960.480.51-0.750.640.56
-0.75-0.76-0.32-0.850.44-0.77-0.74-0.59-0.77-0.86-0.63-0.5-0.89-0.73-0.32-0.62-0.45-0.47-0.8-0.58-0.65-0.710.26-0.79-0.72
0.690.560.560.710.190.810.56-0.590.510.840.510.370.810.620.260.530.220.170.650.550.850.4-0.310.480.73
0.610.680.150.9-0.370.810.63-0.770.510.720.440.340.660.530.080.390.050.150.650.490.520.67-0.070.910.45
0.840.810.50.85-0.190.950.79-0.860.840.720.730.610.940.730.450.730.350.390.850.690.790.59-0.430.680.8
0.790.810.720.49-0.50.70.83-0.630.510.440.730.840.550.390.770.870.070.090.830.740.370.2-0.760.380.35
0.540.560.50.26-0.480.580.57-0.50.370.340.610.840.450.360.970.71-0.070.10.590.450.330.18-0.640.120.27
0.760.680.440.8-0.060.810.67-0.890.810.660.940.550.450.750.30.610.490.50.750.570.840.59-0.280.630.88
0.570.510.130.630.00.650.49-0.730.620.530.730.390.360.750.230.420.480.730.550.380.70.6-0.080.560.79
0.40.410.490.02-0.410.390.43-0.320.260.080.450.770.970.30.230.65-0.090.070.450.340.210.01-0.66-0.130.17
0.930.910.730.45-0.310.70.93-0.620.530.390.730.870.710.610.420.650.370.220.930.930.430.35-0.90.340.52
0.430.40.050.250.130.210.4-0.450.220.050.350.07-0.070.490.48-0.090.370.750.390.390.420.36-0.210.270.69
0.270.25-0.060.270.040.240.25-0.470.170.150.390.090.10.50.730.070.220.750.260.160.50.30.00.270.73
0.990.990.670.73-0.340.840.99-0.80.650.650.850.830.590.750.550.450.930.390.260.940.580.54-0.720.640.63
0.960.950.70.55-0.20.710.96-0.580.550.490.690.740.450.570.380.340.930.390.160.940.430.38-0.820.490.51
0.610.490.440.680.170.710.48-0.650.850.520.790.370.330.840.70.210.430.420.50.580.430.44-0.150.510.88
0.50.54-0.140.68-0.30.620.51-0.710.40.670.590.20.180.590.60.010.350.360.30.540.380.44-0.040.670.52
-0.72-0.71-0.74-0.10.26-0.43-0.750.26-0.31-0.07-0.43-0.76-0.64-0.28-0.08-0.66-0.9-0.210.0-0.72-0.82-0.15-0.040.01-0.24
0.610.670.090.94-0.360.740.64-0.790.480.910.680.380.120.630.56-0.130.340.270.270.640.490.510.670.010.5
0.660.560.350.650.120.650.56-0.720.730.450.80.350.270.880.790.170.520.690.730.630.510.880.52-0.240.5
Click cells to compare fundamentals

Prime Focus Account Relationship Matchups

Prime Focus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.1B53.6B56.8B67.8B71.3B74.8B
Short Long Term Debt Total34.9B40.2B41.0B48.9B48.6B51.0B
Other Current Liab5.3M3.1B5.6B8.0B8.2B8.6B
Total Current Liabilities25.1B32.5B33.8B16.5B23.4B12.4B
Total Stockholder Equity3.9B2.7B1.1B251.8M5.2B4.1B
Property Plant And Equipment Net14.3B14.4B13.7B15.2B14.3B8.1B
Net Debt31.2B35.4B38.6B47.4B47.2B49.6B
Retained Earnings(8.3B)(8.7B)(10.4B)(9.0B)(5.4B)(5.1B)
Accounts Payable2.0B2.0B2.3B2.3B2.5B1.4B
Cash2.6B3.7B2.4B1.5B1.4B1.1B
Non Current Assets Total33.8B35.9B38.7B44.5B40.1B20.8B
Non Currrent Assets Other2.4B4.4B9.5B15.1B7.0B7.4B
Cash And Short Term Investments2.6B3.8B2.4B15.7B2.9B2.5B
Good Will10.8B10.7B11.0B11.7B11.9B6.4B
Short Term Investments43M114.9M18.4M14.1B1.5B1.5B
Liabilities And Stockholders Equity50.1B53.6B56.8B67.8B71.3B74.8B
Non Current Liabilities Total20.3B17.6B21.1B49.7B40.1B42.1B
Other Current Assets3.7B2.0B2.8B2.4B5.8B6.1B
Total Liab45.4B50.2B54.9B66.3B63.5B66.7B
Total Current Assets16.4B17.7B18.1B23.3B31.2B32.7B
Accumulated Other Comprehensive Income2.8B1.9B2.1B(182.4M)(1.0B)(1.1B)
Current Deferred Revenue7.6B3.9B2.9B2.5B2.3B2.5B
Short Term Debt15.5B23.4B22.6B6.0B10.1B9.3B
Intangible Assets5.1B5.3B5.0B5.2B6.8B4.3B
Net Receivables10.1B12.0B12.9B18.4B22.4B23.5B
Other Liab976M906.8M1.4B5.5B5.0B5.2B
Net Tangible Assets(12.0B)(13.3B)(14.9B)(16.7B)(15.0B)(15.8B)
Other Assets4.0B5.9B9.4B925.9M1.1B1.0B
Long Term Debt11.9B7.0B10.3B34.7B31.5B33.1B
Short Long Term Debt13.8B19.4B20.3B4.1B7.8B9.9B
Property Plant Equipment13.8B14.0B13.2B15.2B17.5B11.5B
Long Term Debt Total19.3B16.7B18.4B42.9B49.3B51.8B
Capital Surpluse9.2B9.2B9.2B9.2B8.3B7.4B
Capital Lease Obligations9.2B11.3B10.4B10.1B9.3B7.9B
Non Current Liabilities Other7.5M5.0M4.5M3.7M2.0M1.9M

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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.