PINS Stock | | | USD 30.02 0.71 2.42% |
Pinterest financial indicator trend analysis is much more than just breaking down Pinterest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinterest is a good investment. Please check the relationship between Pinterest Capital Lease Obligations and its Other Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinterest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Pinterest Stock please use our
How to Invest in Pinterest guide.
Capital Lease Obligations vs Other Assets
Capital Lease Obligations vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pinterest Capital Lease Obligations account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pinterest's Capital Lease Obligations and Other Assets is -0.34. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Other Assets in the same time period over historical financial statements of Pinterest, assuming nothing else is changed. The correlation between historical values of Pinterest's Capital Lease Obligations and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Pinterest are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Capital Lease Obligations i.e., Pinterest's Capital Lease Obligations and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Lease Obligations
Pinterest capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Pinterest asset purchases. For example, Pinterest can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Pinterest control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Other Assets
Most indicators from Pinterest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinterest 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 Pinterest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Pinterest Stock please use our
How to Invest in Pinterest guide.At this time, Pinterest's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas
Selling General Administrative is likely to drop slightly above 295.1
M in 2024.
Pinterest fundamental ratios Correlations
Click cells to compare fundamentals
Pinterest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinterest fundamental ratios Accounts
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Additional Tools for Pinterest Stock Analysis
When running Pinterest's price analysis, check to
measure Pinterest'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 Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to
predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.