Pyrophyte Other Non Cash Items vs Net Borrowings 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 Other Non Cash Items and its Net Borrowings 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.
Other Non Cash Items vs Net Borrowings
Other Non Cash Items vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyrophyte Acquisition Other Non Cash Items account and Net Borrowings. At this time, the significance of the direction appears to have pay attention.
The correlation between Pyrophyte Acquisition's Other Non Cash Items and Net Borrowings is -0.87. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Borrowings 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 Other Non Cash Items and Net Borrowings 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 Non Cash Items of Pyrophyte Acquisition Corp are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Other Non Cash Items i.e., Pyrophyte Acquisition's Other Non Cash Items and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Non Cash Items
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.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 Expense | 2.9M | 13.3M | 15.3M | 8.9M | Depreciation And Amortization | 379.5K | 2.7M | 3.4M | 2.4M |
Pyrophyte Acquisition fundamental ratios Correlations
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Pyrophyte Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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