PJT Stock | | | USD 162.79 1.98 1.23% |
PJT Partners financial indicator trend analysis is much more than just breaking down PJT Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PJT Partners is a good investment. Please check the relationship between PJT Partners Cash and its Total Current Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PJT Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
For more information on how to buy PJT Stock please use our
How to Invest in PJT Partners guide.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PJT Partners Cash account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PJT Partners' Cash and Total Current Assets is 0.82. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of PJT Partners, assuming nothing else is changed. The correlation between historical values of PJT Partners' Cash and Total Current 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 Cash of PJT Partners are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., PJT Partners' Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of PJT Partners, which is listed under current asset account on PJT Partners balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from PJT Partners customers. The amounts must be unrestricted with restricted cash listed in a different PJT Partners account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
Most indicators from PJT Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PJT Partners 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 PJT Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
For more information on how to buy PJT Stock please use our
How to Invest in PJT Partners guide.At this time, PJT Partners'
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 2.7
B in 2024, whereas
Tax Provision is likely to drop slightly above 22.2
M in 2024.
PJT Partners fundamental ratios Correlations
Click cells to compare fundamentals
PJT Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PJT Partners fundamental ratios Accounts
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Additional Tools for PJT Stock Analysis
When running PJT Partners' price analysis, check to
measure PJT Partners' 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 PJT Partners is operating at the current time. Most of PJT Partners' value examination focuses on studying past and present price action to
predict the probability of PJT Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PJT Partners' price. Additionally, you may evaluate how the addition of PJT Partners to your portfolios can decrease your overall portfolio volatility.