PJT Stock | | | USD 165.83 1.02 0.61% |
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 Short Term Investments and its Current Deferred Revenue 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 And Short Term Investments vs Current Deferred Revenue
Cash And Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PJT Partners Cash And Short Term Investments account and
Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between PJT Partners' Cash And Short Term Investments and Current Deferred Revenue is 0.73. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Current Deferred Revenue 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 Short Term Investments and Current Deferred Revenue 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 And Short Term Investments of PJT Partners are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash And Short Term Investments i.e., PJT Partners' Cash And Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of PJT Partners balance sheet. This account contains PJT Partners investments that will expire within one year. These investments include stocks and bonds that can be liquidated by PJT Partners 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.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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
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