Pacific Gross Profit vs Reconciled Depreciation Analysis

PPM Stock  CAD 0.01  0.01  50.00%   
Pacific Imperial financial indicator trend analysis is much more than just breaking down Pacific Imperial Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Imperial Mines is a good investment. Please check the relationship between Pacific Imperial Gross Profit and its Reconciled Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Imperial Mines. 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.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Imperial Mines Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pacific Imperial's Gross Profit and Reconciled Depreciation is -0.15. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Pacific Imperial Mines, assuming nothing else is changed. The correlation between historical values of Pacific Imperial's Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Pacific Imperial Mines are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Pacific Imperial's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Pacific Imperial Mines minus its cost of goods sold. It is profit before Pacific Imperial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

Most indicators from Pacific Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Imperial Mines 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 Pacific Imperial Mines. 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.
Selling General Administrative is likely to climb to about 109.8 K in 2024. Issuance Of Capital Stock is likely to climb to about 235.2 K in 2024

Pacific Imperial fundamental ratios Correlations

-0.440.860.960.03-0.40.99-0.41-0.441.00.10.020.07-0.46-0.270.320.38-0.290.740.710.36-0.43-0.38
-0.44-0.83-0.55-0.60.99-0.450.921.0-0.430.42-0.220.370.38-0.19-0.3-0.650.83-0.77-0.86-0.790.930.83
0.86-0.830.90.36-0.810.86-0.77-0.830.85-0.190.14-0.18-0.51-0.050.370.61-0.650.890.920.65-0.79-0.7
0.96-0.550.90.16-0.50.95-0.58-0.550.95-0.020.11-0.06-0.51-0.210.370.53-0.450.790.760.4-0.56-0.42
0.03-0.60.360.16-0.570.02-0.72-0.60.01-0.89-0.03-0.58-0.250.860.660.66-0.70.340.40.42-0.57-0.42
-0.40.99-0.81-0.5-0.57-0.430.880.99-0.40.38-0.190.30.3-0.19-0.22-0.590.77-0.78-0.86-0.780.90.81
0.99-0.450.860.950.02-0.43-0.42-0.450.990.130.00.16-0.36-0.260.20.35-0.250.810.770.37-0.43-0.39
-0.410.92-0.77-0.58-0.720.88-0.420.92-0.390.57-0.320.520.41-0.3-0.4-0.810.92-0.73-0.78-0.650.890.68
-0.441.0-0.83-0.55-0.60.99-0.450.92-0.430.42-0.220.370.38-0.19-0.3-0.650.83-0.77-0.86-0.790.930.83
1.0-0.430.850.950.01-0.40.99-0.39-0.430.13-0.010.13-0.41-0.270.260.34-0.240.770.730.36-0.41-0.38
0.10.42-0.19-0.02-0.890.380.130.570.420.13-0.130.70.35-0.8-0.65-0.610.69-0.15-0.2-0.10.490.27
0.02-0.220.140.11-0.03-0.190.0-0.32-0.22-0.01-0.13-0.57-0.55-0.34-0.10.5-0.460.040.06-0.02-0.23-0.06
0.070.37-0.18-0.06-0.580.30.160.520.370.130.7-0.570.64-0.3-0.62-0.780.780.070.0-0.130.410.21
-0.460.38-0.51-0.51-0.250.3-0.360.410.38-0.410.35-0.550.640.11-0.64-0.560.63-0.13-0.2-0.210.470.33
-0.27-0.19-0.05-0.210.86-0.19-0.26-0.3-0.19-0.27-0.8-0.34-0.30.110.490.27-0.280.040.070.11-0.18-0.12
0.32-0.30.370.370.66-0.220.2-0.4-0.30.26-0.65-0.1-0.62-0.640.490.54-0.550.070.120.18-0.35-0.21
0.38-0.650.610.530.66-0.590.35-0.81-0.650.34-0.610.5-0.78-0.560.270.54-0.850.490.510.4-0.64-0.42
-0.290.83-0.65-0.45-0.70.77-0.250.920.83-0.240.69-0.460.780.63-0.28-0.55-0.85-0.49-0.57-0.530.870.65
0.74-0.770.890.790.34-0.780.81-0.73-0.770.77-0.150.040.07-0.130.040.070.49-0.490.980.58-0.71-0.62
0.71-0.860.920.760.4-0.860.77-0.78-0.860.73-0.20.060.0-0.20.070.120.51-0.570.980.68-0.79-0.72
0.36-0.790.650.40.42-0.780.37-0.65-0.790.36-0.1-0.02-0.13-0.210.110.180.4-0.530.580.68-0.75-0.9
-0.430.93-0.79-0.56-0.570.9-0.430.890.93-0.410.49-0.230.410.47-0.18-0.35-0.640.87-0.71-0.79-0.750.89
-0.380.83-0.7-0.42-0.420.81-0.390.680.83-0.380.27-0.060.210.33-0.12-0.21-0.420.65-0.62-0.72-0.90.89
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Pacific Imperial Account Relationship Matchups

Pacific Imperial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets137.6K324.0K95.1K26.7K39.3K37.3K
Total Current Liabilities9.0K157.9K110.1K306.9K399.7K419.7K
Total Stockholder Equity128.7K166.1K(15.0K)(280.2K)(360.4K)(342.4K)
Net Tangible Assets223.4K128.7K166.1K(15.0K)(17.3K)(16.4K)
Retained Earnings(6.6M)(7.2M)(7.3M)(7.6M)(7.7M)(8.1M)
Accounts Payable1.7K63.7K27.8K131.1K159.4K167.4K
Cash126.3K299.9K64.7K11.5K19.3K18.3K
Net Receivables7.4K9.9K19.8K26.7K30.7K32.2K
Total Liab9.0K157.9K110.1K306.9K399.7K419.7K
Total Current Assets137.6K324.0K95.1K26.7K39.3K37.3K
Net Invested Capital128.7K166.1K(15.0K)(160.2K)(190.4K)(180.9K)
Net Working Capital128.7K166.1K(15.0K)(280.2K)(360.4K)(342.4K)

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