Parkit Non Current Liabilities Total vs Property Plant And Equipment Net Analysis

PKT Stock  CAD 0.67  0.01  1.52%   
Parkit Enterprise financial indicator trend analysis is much more than just breaking down Parkit Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parkit Enterprise is a good investment. Please check the relationship between Parkit Enterprise Non Current Liabilities Total and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parkit Enterprise. 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.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parkit Enterprise Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Parkit Enterprise's Non Current Liabilities Total and Property Plant And Equipment Net is 0.14. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Parkit Enterprise, assuming nothing else is changed. The correlation between historical values of Parkit Enterprise's Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Parkit Enterprise are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., Parkit Enterprise's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Parkit Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Parkit Enterprise 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 Parkit Enterprise. 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.
At this time, Parkit Enterprise's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 291.85 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense750.5K2.1M7.5M7.8M
Depreciation And Amortization2.0M4.6M5.3M5.5M

Parkit Enterprise fundamental ratios Correlations

-0.4-0.050.94-0.030.88-0.530.761.00.960.280.960.130.82-0.470.930.84-0.630.910.93-0.330.970.92-0.390.980.99
-0.40.5-0.490.66-0.22-0.24-0.46-0.4-0.47-0.19-0.47-0.06-0.170.26-0.26-0.430.03-0.36-0.290.42-0.47-0.270.62-0.45-0.41
-0.050.5-0.180.790.11-0.66-0.19-0.05-0.14-0.21-0.120.180.40.240.08-0.1-0.15-0.050.050.91-0.150.110.59-0.1-0.08
0.94-0.49-0.18-0.240.68-0.370.910.930.980.550.990.170.66-0.520.760.95-0.510.790.76-0.430.990.87-0.480.990.95
-0.030.660.79-0.240.24-0.78-0.32-0.02-0.18-0.34-0.170.040.30.360.19-0.23-0.24-0.020.140.66-0.170.10.58-0.11-0.08
0.88-0.220.110.680.24-0.630.390.90.73-0.160.720.050.88-0.310.990.51-0.680.910.99-0.140.760.8-0.20.780.84
-0.53-0.24-0.66-0.37-0.78-0.63-0.28-0.53-0.43-0.01-0.44-0.2-0.72-0.12-0.63-0.380.53-0.48-0.59-0.39-0.41-0.65-0.21-0.48-0.48
0.76-0.46-0.190.91-0.320.39-0.280.730.90.80.880.20.43-0.510.490.99-0.320.540.5-0.390.850.73-0.440.850.78
1.0-0.4-0.050.93-0.020.9-0.530.730.950.240.950.130.83-0.460.940.82-0.640.920.95-0.330.960.91-0.380.970.99
0.96-0.47-0.140.98-0.180.73-0.430.90.950.490.970.160.67-0.530.80.94-0.550.790.81-0.40.980.86-0.440.990.95
0.28-0.19-0.210.55-0.34-0.16-0.010.80.240.490.50.15-0.03-0.31-0.050.730.040.06-0.05-0.330.450.36-0.240.430.35
0.96-0.47-0.120.99-0.170.72-0.440.880.950.970.50.190.71-0.460.790.93-0.550.830.8-0.390.990.9-0.470.990.97
0.13-0.060.180.170.040.05-0.20.20.130.160.150.190.150.120.070.2-0.650.210.04-0.060.170.0-0.530.130.12
0.82-0.170.40.660.30.88-0.720.430.830.67-0.030.710.15-0.240.890.57-0.590.870.880.150.710.87-0.050.740.81
-0.470.260.24-0.520.36-0.31-0.12-0.51-0.46-0.53-0.31-0.460.12-0.24-0.35-0.510.05-0.34-0.370.3-0.48-0.370.19-0.49-0.52
0.93-0.260.080.760.190.99-0.630.490.940.8-0.050.790.070.89-0.350.61-0.680.931.0-0.190.820.85-0.240.850.9
0.84-0.43-0.10.95-0.230.51-0.380.990.820.940.730.930.20.57-0.510.61-0.40.650.61-0.340.90.83-0.40.910.86
-0.630.03-0.15-0.51-0.24-0.680.53-0.32-0.64-0.550.04-0.55-0.65-0.590.05-0.68-0.4-0.7-0.650.21-0.57-0.440.47-0.56-0.58
0.91-0.36-0.050.79-0.020.91-0.480.540.920.790.060.830.210.87-0.340.930.65-0.70.93-0.340.840.85-0.440.840.9
0.93-0.290.050.760.140.99-0.590.50.950.81-0.050.80.040.88-0.371.00.61-0.650.93-0.210.830.85-0.250.850.9
-0.330.420.91-0.430.66-0.14-0.39-0.39-0.33-0.4-0.33-0.39-0.060.150.3-0.19-0.340.21-0.34-0.21-0.41-0.140.73-0.36-0.34
0.97-0.47-0.150.99-0.170.76-0.410.850.960.980.450.990.170.71-0.480.820.9-0.570.840.83-0.410.88-0.460.990.98
0.92-0.270.110.870.10.8-0.650.730.910.860.360.90.00.87-0.370.850.83-0.440.850.85-0.140.88-0.160.910.92
-0.390.620.59-0.480.58-0.2-0.21-0.44-0.38-0.44-0.24-0.47-0.53-0.050.19-0.24-0.40.47-0.44-0.250.73-0.46-0.16-0.41-0.38
0.98-0.45-0.10.99-0.110.78-0.480.850.970.990.430.990.130.74-0.490.850.91-0.560.840.85-0.360.990.91-0.410.98
0.99-0.41-0.080.95-0.080.84-0.480.780.990.950.350.970.120.81-0.520.90.86-0.580.90.9-0.340.980.92-0.380.98
Click cells to compare fundamentals

Parkit Enterprise Account Relationship Matchups

Parkit Enterprise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.7M60.3M177.6M239.6M324.5M340.8M
Other Current Liab16.6K184.2K4.3K73.6K66.3K63.0K
Total Current Liabilities75.0K728.2K2.2M4.0M4.9M3.6M
Total Stockholder Equity20.6M33.7M158.3M158.2M149.2M156.6M
Net Debt(768.4K)16.2M(4.7M)56.9M157.9M165.8M
Retained Earnings(2.9M)(9.8M)(13.7M)(19.1M)(24.0M)(22.8M)
Cash768.4K9.1M21.8M19.5M10.6M11.1M
Non Current Assets Total19.7M50.8M154.6M214.9M309.5M325.0M
Cash And Short Term Investments768.4K9.1M21.8M19.5M22.4M23.5M
Net Receivables189.7K297.2K1.1M924.9K28.8K27.4K
Common Stock Shares Outstanding34.5M34.9M215.6M237.3M227.9M239.3M
Liabilities And Stockholders Equity20.7M60.3M177.6M239.6M275.6M289.4M
Other Current Assets52.0K133.7K140.1K3M3.5M3.6M
Other Stockholder Equity27.1K34.7K3.2M4.4M3.9M3.7M
Total Liab75.0K26.7M19.3M81.5M175.3M184.1M
Total Current Assets972.3K9.5M23.0M24.7M15.0M15.8M
Non Current Liabilities Total58.4K25.9M17.1M77.5M170.4M178.9M
Accumulated Other Comprehensive Income467.0K472.4K27.1K34.7K31.2K29.7K
Net Tangible Assets20.6M15.3M158.3M158.2M181.9M191.0M
Accounts Payable58.4K297.4K1.6M3.7M3.0M3.1M
Common Stock23.5M43.4M168.9M172.9M198.8M208.8M
Other Assets1.3M1.3M14.4M1.8M2.1M3.2M
Long Term Investments18.5M13.4M13.2M11.8M10.2M14.7M
Non Currrent Assets Other1.3M37.5M141.4M203.2M233.6M245.3M
Net Invested Capital20.6M15.3M175.5M234.5M317.6M333.5M
Net Working Capital897.3K609.3K20.8M20.7M10.1M8.7M

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