Plurilock Change To Operating Activities vs Net Income Analysis

PLUR Stock  CAD 0.39  0.01  2.63%   
Plurilock Security financial indicator trend analysis is much more than just breaking down Plurilock Security prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plurilock Security is a good investment. Please check the relationship between Plurilock Security Change To Operating Activities and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plurilock Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plurilock Security Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Plurilock Security's Change To Operating Activities and Net Income is 0.75. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of Plurilock Security, assuming nothing else is changed. The correlation between historical values of Plurilock Security's Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Plurilock Security are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Plurilock Security's Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Plurilock Security financial statement analysis. It represents the amount of money remaining after all of Plurilock Security operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Plurilock Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plurilock Security 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 Plurilock Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Issuance Of Capital Stock is likely to climb to about 3.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.5M5.0M5.9M3.1M
Total Revenue36.6M64.6M70.4M38.0M

Plurilock Security fundamental ratios Correlations

0.940.98-0.960.940.930.880.980.990.770.94-0.080.750.860.710.84-0.590.880.60.980.930.640.810.830.96-0.52
0.940.94-0.990.991.00.80.970.940.760.9-0.380.750.740.50.85-0.780.950.660.951.00.430.830.690.9-0.76
0.980.94-0.960.950.940.890.991.00.840.96-0.070.760.880.730.85-0.60.890.610.990.940.650.820.850.97-0.52
-0.96-0.99-0.96-0.97-0.99-0.83-0.97-0.97-0.78-0.930.31-0.78-0.83-0.53-0.880.76-0.95-0.68-0.95-0.99-0.49-0.86-0.79-0.940.72
0.940.990.95-0.970.980.80.980.940.760.89-0.340.650.740.580.78-0.670.890.540.950.980.40.750.690.89-0.7
0.931.00.94-0.990.980.80.960.930.760.91-0.390.770.730.480.87-0.790.960.690.951.00.430.850.680.89-0.77
0.880.80.89-0.830.80.80.880.870.940.970.090.760.810.690.87-0.460.770.630.90.790.730.830.780.95-0.36
0.980.970.99-0.970.980.960.880.990.820.95-0.150.740.830.70.84-0.620.90.591.00.960.590.810.790.95-0.58
0.990.941.0-0.970.940.930.870.990.810.95-0.070.750.90.730.84-0.60.880.590.980.930.640.810.880.97-0.52
0.770.760.84-0.780.760.760.940.820.810.930.040.710.740.610.83-0.450.730.60.840.760.650.790.710.9-0.38
0.940.90.96-0.930.890.910.970.950.950.93-0.050.830.850.650.92-0.610.880.710.960.90.70.90.810.99-0.52
-0.08-0.38-0.070.31-0.34-0.390.09-0.15-0.070.04-0.05-0.080.140.54-0.170.66-0.38-0.24-0.09-0.390.6-0.170.220.00.86
0.750.750.76-0.780.650.770.760.740.750.710.83-0.080.680.320.97-0.790.90.970.770.760.720.980.670.81-0.56
0.860.740.88-0.830.740.730.810.830.90.740.850.140.680.720.74-0.430.710.50.820.730.70.731.00.92-0.28
0.710.50.73-0.530.580.480.690.70.730.610.650.540.320.720.390.10.360.080.720.480.740.350.740.710.18
0.840.850.85-0.880.780.870.870.840.840.830.92-0.170.970.740.39-0.80.940.920.860.860.671.00.710.9-0.64
-0.59-0.78-0.60.76-0.67-0.79-0.46-0.62-0.6-0.45-0.610.66-0.79-0.430.1-0.8-0.89-0.86-0.6-0.79-0.17-0.82-0.38-0.580.93
0.880.950.89-0.950.890.960.770.90.880.730.88-0.380.90.710.360.94-0.890.850.890.960.50.940.670.87-0.8
0.60.660.61-0.680.540.690.630.590.590.60.71-0.240.970.50.080.92-0.860.850.620.680.560.940.480.66-0.64
0.980.950.99-0.950.950.950.91.00.980.840.96-0.090.770.820.720.86-0.60.890.620.950.650.830.790.96-0.54
0.931.00.94-0.990.981.00.790.960.930.760.9-0.390.760.730.480.86-0.790.960.680.950.420.840.680.89-0.77
0.640.430.65-0.490.40.430.730.590.640.650.70.60.720.70.740.67-0.170.50.560.650.420.670.740.720.11
0.810.830.82-0.860.750.850.830.810.810.790.9-0.170.980.730.351.0-0.820.940.940.830.840.670.70.87-0.64
0.830.690.85-0.790.690.680.780.790.880.710.810.220.671.00.740.71-0.380.670.480.790.680.740.70.89-0.21
0.960.90.97-0.940.890.890.950.950.970.90.990.00.810.920.710.9-0.580.870.660.960.890.720.870.89-0.47
-0.52-0.76-0.520.72-0.7-0.77-0.36-0.58-0.52-0.38-0.520.86-0.56-0.280.18-0.640.93-0.8-0.64-0.54-0.770.11-0.64-0.21-0.47
Click cells to compare fundamentals

Plurilock Security Account Relationship Matchups

Plurilock Security fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities948.4K521.2K11.3M19.1M29.9M31.4M
Retained Earnings(4.8M)(9.4M)(15.7M)(24.1M)(33.2M)(31.5M)
Accounts Payable103.4K195.1K9.7M8.5M18.7M19.6M
Net Receivables710.1K40.5K6.1M11.7M17.2M18.0M
Total Current Assets895.4K2.1M16.9M16.1M21.6M22.7M

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