Phenixfin Accounts Payable vs Intangible Assets Analysis

PFX Stock  USD 46.75  0.47  1.02%   
Phenixfin financial indicator trend analysis is much more than just breaking down Phenixfin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phenixfin is a good investment. Please check the relationship between Phenixfin Accounts Payable and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phenixfin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Phenixfin Stock please use our How to Invest in Phenixfin guide.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phenixfin Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Phenixfin's Accounts Payable and Intangible Assets is -0.14. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Phenixfin, assuming nothing else is changed. The correlation between historical values of Phenixfin's Accounts Payable and Intangible Assets 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 Phenixfin are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Phenixfin's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Phenixfin 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 Phenixfin 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Phenixfin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phenixfin 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 Phenixfin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Phenixfin Stock please use our How to Invest in Phenixfin guide.At this time, Phenixfin's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 4.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.

Phenixfin fundamental ratios Correlations

1.00.651.00.890.171.01.01.01.00.940.97-0.08-0.250.460.160.16-0.16-0.17-0.08-0.27-0.63-0.070.10.39-0.14
1.00.641.00.880.141.01.01.01.00.950.97-0.11-0.260.460.140.15-0.16-0.2-0.11-0.3-0.63-0.10.110.37-0.15
0.650.640.640.580.420.630.630.630.640.650.650.3-0.270.230.210.32-0.060.430.210.1-0.240.21-0.040.470.65
1.01.00.640.880.141.01.01.01.00.950.97-0.11-0.260.460.140.14-0.17-0.2-0.11-0.3-0.63-0.10.110.38-0.15
0.890.880.580.880.240.880.880.890.880.880.9-0.02-0.360.310.220.360.32-0.16-0.09-0.08-0.580.12-0.180.12-0.17
0.170.140.420.140.240.120.110.120.140.010.20.950.360.090.620.480.270.770.870.88-0.270.85-0.530.570.37
1.01.00.631.00.880.121.01.01.00.950.97-0.13-0.280.470.130.14-0.17-0.21-0.13-0.32-0.62-0.120.120.37-0.16
1.01.00.631.00.880.111.01.01.00.950.97-0.13-0.270.460.130.13-0.17-0.21-0.13-0.32-0.62-0.120.130.36-0.16
1.01.00.631.00.890.121.01.01.00.950.97-0.13-0.280.450.130.14-0.16-0.21-0.13-0.31-0.61-0.110.120.36-0.16
1.01.00.641.00.880.141.01.01.00.950.97-0.1-0.260.460.140.15-0.16-0.19-0.1-0.29-0.63-0.090.110.38-0.15
0.940.950.650.950.880.010.950.950.950.950.94-0.22-0.470.36-0.040.22-0.07-0.28-0.25-0.37-0.5-0.160.130.26-0.12
0.970.970.650.970.90.20.970.970.970.970.94-0.04-0.350.480.190.3-0.08-0.18-0.08-0.23-0.68-0.010.040.41-0.14
-0.08-0.110.3-0.11-0.020.95-0.13-0.13-0.13-0.1-0.22-0.040.40.040.590.450.210.850.930.9-0.160.83-0.470.590.44
-0.25-0.26-0.27-0.26-0.360.36-0.28-0.27-0.28-0.26-0.47-0.350.4-0.120.09-0.56-0.190.460.550.410.10.3-0.150.10.06
0.460.460.230.460.310.090.470.460.450.460.360.480.04-0.120.260.25-0.29-0.120.06-0.2-0.820.00.120.59-0.19
0.160.140.210.140.220.620.130.130.130.14-0.040.190.590.090.260.430.20.450.550.47-0.40.38-0.150.40.08
0.160.150.320.140.360.480.140.130.140.150.220.30.45-0.560.250.430.480.120.230.42-0.380.54-0.450.350.08
-0.16-0.16-0.06-0.170.320.27-0.17-0.17-0.16-0.16-0.07-0.080.21-0.19-0.290.20.480.090.070.470.050.49-0.62-0.47-0.02
-0.17-0.20.43-0.2-0.160.77-0.21-0.21-0.21-0.19-0.28-0.180.850.46-0.120.450.120.090.820.740.130.61-0.260.420.77
-0.08-0.110.21-0.11-0.090.87-0.13-0.13-0.13-0.1-0.25-0.080.930.550.060.550.230.070.820.8-0.190.66-0.230.570.38
-0.27-0.30.1-0.3-0.080.88-0.32-0.32-0.31-0.29-0.37-0.230.90.41-0.20.470.420.470.740.80.070.89-0.650.240.38
-0.63-0.63-0.24-0.63-0.58-0.27-0.62-0.62-0.61-0.63-0.5-0.68-0.160.1-0.82-0.4-0.380.050.13-0.190.07-0.140.03-0.540.35
-0.07-0.10.21-0.10.120.85-0.12-0.12-0.11-0.09-0.16-0.010.830.30.00.380.540.490.610.660.89-0.14-0.870.330.3
0.10.11-0.040.11-0.18-0.530.120.130.120.110.130.04-0.47-0.150.12-0.15-0.45-0.62-0.26-0.23-0.650.03-0.870.04-0.1
0.390.370.470.380.120.570.370.360.360.380.260.410.590.10.590.40.35-0.470.420.570.24-0.540.330.040.2
-0.14-0.150.65-0.15-0.170.37-0.16-0.16-0.16-0.15-0.12-0.140.440.06-0.190.080.08-0.020.770.380.380.350.3-0.10.2
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Phenixfin Account Relationship Matchups

Phenixfin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets306.1M225.1M218.9M239.7M215.7M204.9M
Short Long Term Debt Total151.0M78.0M78.5M84.5M76.1M72.3M
Total Current Liabilities4.5M3.4M19.2M(156.4K)(140.7K)(133.7K)
Net Debt94.4M8.6M55.8M78.5M70.7M67.2M
Cash56.5M69.4M22.8M6.0M5.4M5.1M
Non Current Assets Total248.8M153.0M194.2M228.0M205.2M194.9M
Liabilities And Stockholders Equity306.1M225.1M218.9M239.7M215.7M204.9M
Total Liab155.5M81.4M98.0M93.0M83.7M79.5M
Total Current Assets57.3M72.1M24.7M11.7M10.5M10.0M
Accumulated Other Comprehensive Income150.6M143.7M120.8M146.7M168.7M177.1M
Total Stockholder Equity150.6M143.7M120.8M146.7M132.0M125.4M
Current Deferred Revenue(76.9M)(77.4M)(78.0M)421.7M379.5M398.5M
Retained Earnings(521.8M)(545.2M)(554.6M)(548.1M)(493.3M)(468.6M)
Non Currrent Assets Other(304.0M)788.2K729.5K(226.9M)(204.2M)(194.0M)
Other Assets2.1M1.4M(1.4M)(6.9B)(6.3B)(5.9B)
Cash And Short Term Investments56.5M69.4M22.8M6.0M6.9M6.5M
Net Receivables743.6K2.6M1.4M5.5M5.0M5.9M
Non Current Liabilities Total151.0M78.0M78.9M85.2M76.7M72.9M
Other Stockholder Equity672.4M688.9M675.4M694.8M799.0M623.2M
Common Stock2.7K2.5K2.1K2.1K1.9K1.8K
Other Current Liab(76.1M)1.9M578.0K(7.2M)(8.3M)(8.7M)
Accounts Payable2.1M1.4M18.6M7.2M6.5M8.5M
Short Term Debt74.0M77.4M78.0M84.3M75.8M72.0M
Other Liab103.6K10.5K34.0327.9K295.1K240.8K
Net Tangible Assets216.4M150.6M143.7M120.8M108.8M188.4M
Net Invested Capital301.6M221.1M198.8M231.0M207.9M354.2M
Long Term Investments246.7M151.6M193.0M226.5M203.8M309.4M
Capital Stock2.7K2.5K2.1K2.1K1.9K1.8K
Other Current Assets0.0292.0K1.4M639.7K735.6K772.4K

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