PGZ Stock | | | USD 10.62 0.11 1.05% |
Principal Real financial indicator trend analysis is much more than just breaking down Principal Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Principal Real Estate is a good investment. Please check the relationship between Principal Real Other Current Liab and its Net Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Other Current Liab vs Net Debt
Other Current Liab vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Principal Real Estate Other Current Liab account and
Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Principal Real's Other Current Liab and Net Debt is 0.34. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of Principal Real Estate, assuming nothing else is changed. The correlation between historical values of Principal Real's Other Current Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Principal Real Estate are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Liab i.e., Principal Real's Other Current Liab and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Principal Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Principal Real Estate 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 Principal Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Enterprise Value is likely to rise to about 150.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 803.5
K in 2024.
Principal Real fundamental ratios Correlations
Click cells to compare fundamentals
Principal Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Principal Real fundamental ratios Accounts
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Additional Tools for Principal Stock Analysis
When running Principal Real's price analysis, check to
measure Principal Real'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 Principal Real is operating at the current time. Most of Principal Real's value examination focuses on studying past and present price action to
predict the probability of Principal Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal Real's price. Additionally, you may evaluate how the addition of Principal Real to your portfolios can decrease your overall portfolio volatility.