| 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 Roic and its Payout Ratio 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.
Roic vs Payout Ratio
Roic vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Parkit Enterprise Roic account and
Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Parkit Enterprise's Roic and Payout Ratio is 0.15. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Payout Ratio 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 Roic and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Parkit Enterprise are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Roic i.e., Parkit Enterprise's Roic and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Payout Ratio
Payout Ratio is the proportion of Parkit Enterprise earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Parkit Enterprise dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Parkit Enterprise is paying out more in dividends than it makes in net income.
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.
Parkit Enterprise fundamental ratios Correlations
Click cells to compare fundamentals
Parkit Enterprise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Parkit Enterprise fundamental ratios Accounts
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Additional Tools for Parkit Stock Analysis
When running Parkit Enterprise's price analysis, check to
measure Parkit Enterprise'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 Parkit Enterprise is operating at the current time. Most of Parkit Enterprise's value examination focuses on studying past and present price action to
predict the probability of Parkit Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkit Enterprise's price. Additionally, you may evaluate how the addition of Parkit Enterprise to your portfolios can decrease your overall portfolio volatility.