Pyrophyte Common Stock vs Cash And Short Term Investments Analysis

PHYT Stock  USD 11.45  0.05  0.43%   
Pyrophyte Acquisition financial indicator trend analysis is much more than just breaking down Pyrophyte Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pyrophyte Acquisition is a good investment. Please check the relationship between Pyrophyte Acquisition Common Stock and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyrophyte Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyrophyte Acquisition Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pyrophyte Acquisition's Common Stock and Cash And Short Term Investments is 0.75. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Pyrophyte Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Pyrophyte Acquisition's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Pyrophyte Acquisition Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Pyrophyte Acquisition's Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Pyrophyte Acquisition balance sheet. This account contains Pyrophyte Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pyrophyte Acquisition Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Pyrophyte Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pyrophyte Acquisition 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 Pyrophyte Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Selling General Administrative is likely to drop to about 2.4 M in 2024. Enterprise Value Over EBITDA is likely to drop to 23.58 in 2024
 2010 2022 2023 2024 (projected)
Interest Expense2.9M13.3M15.3M8.9M
Depreciation And Amortization379.5K2.7M3.4M2.4M

Pyrophyte Acquisition fundamental ratios Correlations

-0.9-0.971.00.84-0.79-0.93-0.340.761.0-0.470.840.76-0.97-0.520.680.840.960.890.561.00.661.00.941.00.84
-0.90.88-0.86-0.750.960.950.72-0.95-0.890.8-0.75-0.950.880.84-0.91-0.75-0.99-0.71-0.83-0.86-0.91-0.89-0.96-0.89-0.75
-0.970.88-0.95-0.950.840.970.37-0.8-0.970.53-0.95-0.81.00.59-0.75-0.95-0.93-0.96-0.66-0.95-0.7-0.97-0.97-0.97-0.95
1.0-0.86-0.950.82-0.74-0.9-0.270.71.0-0.40.820.7-0.95-0.460.620.820.930.890.491.00.61.00.911.00.82
0.84-0.75-0.950.82-0.79-0.92-0.30.740.84-0.491.00.74-0.95-0.550.711.00.80.970.660.820.640.840.910.841.0
-0.790.960.84-0.74-0.790.950.81-1.0-0.790.9-0.79-1.00.850.93-0.99-0.79-0.92-0.7-0.95-0.74-0.97-0.79-0.94-0.79-0.79
-0.930.950.97-0.9-0.920.950.57-0.92-0.930.71-0.92-0.920.980.76-0.88-0.92-0.97-0.88-0.81-0.9-0.85-0.93-1.0-0.93-0.92
-0.340.720.37-0.27-0.30.810.57-0.85-0.330.98-0.3-0.850.380.96-0.88-0.3-0.6-0.14-0.91-0.27-0.92-0.33-0.57-0.33-0.3
0.76-0.95-0.80.70.74-1.0-0.92-0.850.75-0.930.741.0-0.81-0.950.990.740.910.640.960.70.990.750.920.750.74
1.0-0.89-0.971.00.84-0.79-0.93-0.330.75-0.460.840.75-0.97-0.520.680.840.950.890.551.00.651.00.941.00.84
-0.470.80.53-0.4-0.490.90.710.98-0.93-0.46-0.49-0.930.541.0-0.96-0.49-0.7-0.33-0.97-0.4-0.97-0.46-0.7-0.46-0.49
0.84-0.75-0.950.821.0-0.79-0.92-0.30.740.84-0.490.74-0.95-0.550.711.00.80.970.660.820.640.840.910.841.0
0.76-0.95-0.80.70.74-1.0-0.92-0.851.00.75-0.930.74-0.81-0.950.990.740.910.640.960.70.990.750.920.750.74
-0.970.881.0-0.95-0.950.850.980.38-0.81-0.970.54-0.95-0.810.59-0.76-0.95-0.93-0.96-0.67-0.95-0.71-0.97-0.98-0.97-0.95
-0.520.840.59-0.46-0.550.930.760.96-0.95-0.521.0-0.55-0.950.59-0.97-0.55-0.74-0.4-0.98-0.46-0.99-0.51-0.75-0.51-0.55
0.68-0.91-0.750.620.71-0.99-0.88-0.880.990.68-0.960.710.99-0.76-0.970.710.850.590.980.620.990.680.880.680.71
0.84-0.75-0.950.821.0-0.79-0.92-0.30.740.84-0.491.00.74-0.95-0.550.710.80.970.660.820.640.840.910.841.0
0.96-0.99-0.930.930.8-0.92-0.97-0.60.910.95-0.70.80.91-0.93-0.740.850.80.790.750.930.840.950.980.950.8
0.89-0.71-0.960.890.97-0.7-0.88-0.140.640.89-0.330.970.64-0.96-0.40.590.970.790.510.890.520.890.880.890.97
0.56-0.83-0.660.490.66-0.95-0.81-0.910.960.55-0.970.660.96-0.67-0.980.980.660.750.510.490.980.550.80.550.66
1.0-0.86-0.951.00.82-0.74-0.9-0.270.71.0-0.40.820.7-0.95-0.460.620.820.930.890.490.591.00.911.00.82
0.66-0.91-0.70.60.64-0.97-0.85-0.920.990.65-0.970.640.99-0.71-0.990.990.640.840.520.980.590.650.840.650.64
1.0-0.89-0.971.00.84-0.79-0.93-0.330.751.0-0.460.840.75-0.97-0.510.680.840.950.890.551.00.650.941.00.84
0.94-0.96-0.970.910.91-0.94-1.0-0.570.920.94-0.70.910.92-0.98-0.750.880.910.980.880.80.910.840.940.940.91
1.0-0.89-0.971.00.84-0.79-0.93-0.330.751.0-0.460.840.75-0.97-0.510.680.840.950.890.551.00.651.00.940.84
0.84-0.75-0.950.821.0-0.79-0.92-0.30.740.84-0.491.00.74-0.95-0.550.711.00.80.970.660.820.640.840.910.84
Click cells to compare fundamentals

Pyrophyte Acquisition Account Relationship Matchups

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Additional Tools for Pyrophyte Stock Analysis

When running Pyrophyte Acquisition's price analysis, check to measure Pyrophyte Acquisition'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 Pyrophyte Acquisition is operating at the current time. Most of Pyrophyte Acquisition's value examination focuses on studying past and present price action to predict the probability of Pyrophyte Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyrophyte Acquisition's price. Additionally, you may evaluate how the addition of Pyrophyte Acquisition to your portfolios can decrease your overall portfolio volatility.