Pacific Total Current Assets vs Property Plant Equipment Analysis

PHI Stock   562.00  4.00  0.71%   
Pacific Horizon financial indicator trend analysis is much more than just breaking down Pacific Horizon Inve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Horizon Inve is a good investment. Please check the relationship between Pacific Horizon Total Current Assets and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Horizon Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Horizon Inve Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pacific Horizon's Total Current Assets and Property Plant Equipment is -0.03. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Pacific Horizon Investment, assuming nothing else is changed. The correlation between historical values of Pacific Horizon's Total Current Assets and Property Plant Equipment 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 Pacific Horizon Investment are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Pacific Horizon's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Property Plant Equipment

Most indicators from Pacific Horizon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Horizon Inve 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 Pacific Horizon Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Pacific Horizon's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Cost Of Revenue4.0M3.7M7.4M7.8M
Research Development1.870.880.790.75

Pacific Horizon fundamental ratios Correlations

0.970.860.281.00.981.00.99-0.640.921.00.19-0.160.18-0.220.98-0.70.01-0.91.00.00.990.88-0.03-0.22-0.08
0.970.850.440.960.930.960.98-0.520.870.950.19-0.060.08-0.120.95-0.580.06-0.790.960.10.950.880.02-0.210.02
0.860.850.090.860.840.860.87-0.430.80.860.040.020.0-0.270.85-0.59-0.12-0.730.860.080.850.99-0.16-0.10.14
0.280.440.090.220.220.230.3-0.080.170.220.530.12-0.140.490.240.030.59-0.050.230.340.220.160.58-0.20.06
1.00.960.860.220.971.00.99-0.670.921.00.18-0.170.2-0.240.99-0.72-0.01-0.921.0-0.031.00.87-0.04-0.23-0.09
0.980.930.840.220.970.980.96-0.650.920.980.17-0.20.23-0.240.93-0.72-0.02-0.910.98-0.040.960.87-0.05-0.18-0.15
1.00.960.860.231.00.980.99-0.670.931.00.18-0.180.21-0.250.98-0.73-0.01-0.921.0-0.030.990.87-0.04-0.22-0.11
0.990.980.870.30.990.960.99-0.550.910.980.13-0.110.14-0.210.98-0.62-0.03-0.850.990.020.980.89-0.06-0.19-0.04
-0.64-0.52-0.43-0.08-0.67-0.65-0.67-0.55-0.62-0.67-0.540.47-0.50.22-0.650.94-0.250.86-0.660.26-0.66-0.43-0.240.470.45
0.920.870.80.170.920.920.930.91-0.620.940.14-0.260.28-0.30.86-0.7-0.06-0.870.91-0.060.90.8-0.09-0.1-0.19
1.00.950.860.221.00.981.00.98-0.670.940.19-0.180.21-0.240.98-0.730.0-0.921.0-0.030.990.87-0.04-0.21-0.11
0.190.190.040.530.180.170.180.13-0.540.140.19-0.070.060.490.17-0.310.91-0.270.180.310.180.040.91-0.34-0.18
-0.16-0.060.020.12-0.17-0.2-0.18-0.110.47-0.26-0.18-0.07-1.00.66-0.150.510.260.39-0.180.84-0.16-0.030.220.40.98
0.180.080.0-0.140.20.230.210.14-0.50.280.210.06-1.0-0.680.18-0.54-0.28-0.430.21-0.850.190.05-0.24-0.39-0.97
-0.22-0.12-0.270.49-0.24-0.24-0.25-0.210.22-0.3-0.240.490.66-0.68-0.230.460.810.37-0.240.72-0.24-0.280.80.080.52
0.980.950.850.240.990.930.980.98-0.650.860.980.17-0.150.18-0.23-0.7-0.01-0.890.98-0.031.00.86-0.05-0.28-0.06
-0.7-0.58-0.590.03-0.72-0.72-0.73-0.620.94-0.7-0.73-0.310.51-0.540.46-0.70.030.89-0.720.38-0.72-0.60.050.40.44
0.010.06-0.120.59-0.01-0.02-0.01-0.03-0.25-0.060.00.910.26-0.280.81-0.010.030.01-0.010.56-0.01-0.131.0-0.20.12
-0.9-0.79-0.73-0.05-0.92-0.91-0.92-0.850.86-0.87-0.92-0.270.39-0.430.37-0.890.890.01-0.920.24-0.91-0.740.030.30.33
1.00.960.860.231.00.981.00.99-0.660.911.00.18-0.180.21-0.240.98-0.72-0.01-0.92-0.040.990.88-0.05-0.23-0.1
0.00.10.080.34-0.03-0.04-0.030.020.26-0.06-0.030.310.84-0.850.72-0.030.380.560.24-0.04-0.030.040.510.170.78
0.990.950.850.221.00.960.990.98-0.660.90.990.18-0.160.19-0.241.0-0.72-0.01-0.910.99-0.030.86-0.04-0.25-0.08
0.880.880.990.160.870.870.870.89-0.430.80.870.04-0.030.05-0.280.86-0.6-0.13-0.740.880.040.86-0.16-0.130.08
-0.030.02-0.160.58-0.04-0.05-0.04-0.06-0.24-0.09-0.040.910.22-0.240.8-0.050.051.00.03-0.050.51-0.04-0.16-0.20.07
-0.22-0.21-0.1-0.2-0.23-0.18-0.22-0.190.47-0.1-0.21-0.340.4-0.390.08-0.280.4-0.20.3-0.230.17-0.25-0.13-0.20.4
-0.080.020.140.06-0.09-0.15-0.11-0.040.45-0.19-0.11-0.180.98-0.970.52-0.060.440.120.33-0.10.78-0.080.080.070.4
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Pacific Horizon Account Relationship Matchups

Pacific Horizon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets224.2M330.0M758.3M615.2M585.6M611.2M
Total Stockholder Equity203.4M304.4M687.2M610.6M580.4M602.0M
Retained Earnings66.0M126.2M290.9M127.2M8.9M9.4M
Accounts Payable343K271K62.0M446K0.0273K
Cash3.6M12.1M31.8M5.4M12.4M4.2M
Total Liab20.9M25.6M71.0M4.6M52K9.2M
Common Stock Shares Outstanding59.3M78.7M91.1M91.4M90.8M59.2M
Other Current Liab(20.7M)(24.9M)(60.8M)(446K)1.2M(273K)
Total Current Liabilities20.9M271K62.0M446K1.2M1.5M
Net Debt13.4M29.0M(5.3M)(12.4M)(4.2M)(4.0M)
Non Current Assets Total317.0M725.1M608.5M572.7M606.2M636.5M
Non Currrent Assets Other(317.0M)(725.1M)(608.5M)(572.7M)(606.2M)(575.9M)
Cash And Short Term Investments12.1M31.8M5.4M12.4M4.2M5.5M
Net Receivables589K604K259K691K234K790K
Common Stock Total Equity5.8M5.9M6.3M8.8M8.0M5.7M
Liabilities And Stockholders Equity330.0M758.3M615.2M585.6M611.2M641.7M
Non Current Liabilities Total25.5M60.8M446K52K59.8K56.8K
Other Stockholder Equity20.1M40.0M221.4M253.9M333.9M254.1M
Total Current Assets4.3M13.0M33.2M6.6M12.9M5.0M
Other Assets224.2M330.0M758.3M615.2M450.8M289.1M
Other Current Assets47K281K1.1M557K186K(5.0M)
Accumulated Other Comprehensive Income131.8M166.1M220.2M228.4M329.3M171.6M
Short Long Term Debt Total20.4M25.5M60.8M52K59.8K56.8K
Current Deferred Revenue(20.2M)492K(24.4M)1.2M1.1M1.1M
Short Term Debt20.2M20.4M24.6M60.8M69.9M73.4M
Net Tangible Assets203.4M304.4M687.2M610.6M580.4M417.0M
Long Term Investments220.0M317.0M725.1M608.5M572.7M606.2M
Capital Surpluse17.8M20.1M40.0M221.4M254.6M267.3M
Net Invested Capital329.0M748.0M610.6M580.4M602.0M481.4M
Capital Stock5.9M6.3M8.8M9.2M9.1M8.5M

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Other Information on Investing in Pacific Stock

Balance Sheet is a snapshot of the financial position of Pacific Horizon Inve at a specified time, usually calculated after every quarter, six months, or one year. Pacific Horizon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pacific Horizon 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 Pacific currently owns. An asset can also be divided into two categories, current and non-current.