PLBY Stock | | | USD 1.22 0.07 6.09% |
Plby financial indicator trend analysis is much more than just breaking down Plby Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plby Group is a good investment. Please check the relationship between Plby Depreciation And Amortization and its Tax Provision accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plby Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Depreciation And Amortization vs Tax Provision
Depreciation And Amortization vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plby Group Depreciation And Amortization account and
Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Plby's Depreciation And Amortization and Tax Provision is -0.9. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Plby Group, assuming nothing else is changed. The correlation between historical values of Plby's Depreciation And Amortization and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Plby Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., Plby's Depreciation And Amortization and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Plby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plby Group 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 Plby Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, Plby's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.91 in 2024, whereas
Selling General Administrative is likely to drop slightly above 63.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 13.8M | 18.2M | 12.8M | 11.0M | Other Operating Expenses | 316.2M | 290.1M | 333.3M | 197.0M |
Plby fundamental ratios Correlations
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Plby Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plby fundamental ratios Accounts
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