Phenixfin Non Current Assets Total vs Good Will 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 Non Current Assets Total and its Good Will 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.
Non Current Assets Total vs Good Will
Non Current Assets Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phenixfin Non Current Assets Total account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Phenixfin's Non Current Assets Total and Good Will is 0.12. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Phenixfin, assuming nothing else is changed. The correlation between historical values of Phenixfin's Non Current Assets Total 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 Non Current Assets Total of Phenixfin 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 Non Current Assets Total i.e., Phenixfin's Non Current Assets Total and Good Will go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 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
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Phenixfin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phenixfin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 306.1M | 225.1M | 218.9M | 239.7M | 215.7M | 204.9M | |
Short Long Term Debt Total | 151.0M | 78.0M | 78.5M | 84.5M | 76.1M | 72.3M | |
Total Current Liabilities | 4.5M | 3.4M | 19.2M | (156.4K) | (140.7K) | (133.7K) | |
Net Debt | 94.4M | 8.6M | 55.8M | 78.5M | 70.7M | 67.2M | |
Cash | 56.5M | 69.4M | 22.8M | 6.0M | 5.4M | 5.1M | |
Non Current Assets Total | 248.8M | 153.0M | 194.2M | 228.0M | 205.2M | 194.9M | |
Liabilities And Stockholders Equity | 306.1M | 225.1M | 218.9M | 239.7M | 215.7M | 204.9M | |
Total Liab | 155.5M | 81.4M | 98.0M | 93.0M | 83.7M | 79.5M | |
Total Current Assets | 57.3M | 72.1M | 24.7M | 11.7M | 10.5M | 10.0M | |
Accumulated Other Comprehensive Income | 150.6M | 143.7M | 120.8M | 146.7M | 168.7M | 177.1M | |
Total Stockholder Equity | 150.6M | 143.7M | 120.8M | 146.7M | 132.0M | 125.4M | |
Current Deferred Revenue | (76.9M) | (77.4M) | (78.0M) | 421.7M | 379.5M | 398.5M | |
Retained Earnings | (521.8M) | (545.2M) | (554.6M) | (548.1M) | (493.3M) | (468.6M) | |
Non Currrent Assets Other | (304.0M) | 788.2K | 729.5K | (226.9M) | (204.2M) | (194.0M) | |
Other Assets | 2.1M | 1.4M | (1.4M) | (6.9B) | (6.3B) | (5.9B) | |
Cash And Short Term Investments | 56.5M | 69.4M | 22.8M | 6.0M | 6.9M | 6.5M | |
Net Receivables | 743.6K | 2.6M | 1.4M | 5.5M | 5.0M | 5.9M | |
Non Current Liabilities Total | 151.0M | 78.0M | 78.9M | 85.2M | 76.7M | 72.9M | |
Other Stockholder Equity | 672.4M | 688.9M | 675.4M | 694.8M | 799.0M | 623.2M | |
Common Stock | 2.7K | 2.5K | 2.1K | 2.1K | 1.9K | 1.8K | |
Other Current Liab | (76.1M) | 1.9M | 578.0K | (7.2M) | (8.3M) | (8.7M) | |
Accounts Payable | 2.1M | 1.4M | 18.6M | 7.2M | 6.5M | 8.5M | |
Short Term Debt | 74.0M | 77.4M | 78.0M | 84.3M | 75.8M | 72.0M | |
Other Liab | 103.6K | 10.5K | 34.0 | 327.9K | 295.1K | 240.8K | |
Net Tangible Assets | 216.4M | 150.6M | 143.7M | 120.8M | 108.8M | 188.4M | |
Net Invested Capital | 301.6M | 221.1M | 198.8M | 231.0M | 207.9M | 354.2M | |
Long Term Investments | 246.7M | 151.6M | 193.0M | 226.5M | 203.8M | 309.4M | |
Capital Stock | 2.7K | 2.5K | 2.1K | 2.1K | 1.9K | 1.8K | |
Other Current Assets | 0.0 | 292.0K | 1.4M | 639.7K | 735.6K | 772.4K |
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When running Phenixfin's price analysis, check to measure Phenixfin'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 Phenixfin is operating at the current time. Most of Phenixfin's value examination focuses on studying past and present price action to predict the probability of Phenixfin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phenixfin's price. Additionally, you may evaluate how the addition of Phenixfin to your portfolios can decrease your overall portfolio volatility.