Pagaya Change In Cash vs Depreciation Analysis
PGYWW Stock | USD 0.23 0.00 0.00% |
Pagaya Technologies financial indicator trend analysis is much more than just breaking down Pagaya Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pagaya Technologies is a good investment. Please check the relationship between Pagaya Technologies Change In Cash and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pagaya Technologies Change In Cash account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pagaya Technologies' Change In Cash and Depreciation is -0.53. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Pagaya Technologies Ltd, assuming nothing else is changed. The correlation between historical values of Pagaya Technologies' Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Pagaya Technologies Ltd are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Pagaya Technologies' Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change In Cash
Depreciation
Depreciation indicates how much of Pagaya Technologies value has been used up. For tax purposes Pagaya Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Pagaya Technologies Ltd must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Pagaya Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pagaya Technologies 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 Pagaya Technologies Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.Enterprise Value is likely to climb to about 1.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 141.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 213.5M | 234.3M | 263.9M | 167.8M | Total Revenue | 445.9M | 685.4M | 772.8M | 447.0M |
Pagaya Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Pagaya Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Pagaya Technologies' price analysis, check to measure Pagaya Technologies' 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 Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.