Papaya Total Assets vs Cash And Short Term Investments Analysis
| PPYAU Stock | USD 11.19 0.00 0.00% |
Papaya Growth financial indicator trend analysis is much more than just breaking down Papaya Growth Opportunity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Papaya Growth Opportunity is a good investment. Please check the relationship between Papaya Growth Total Assets and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Papaya Growth Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Papaya Growth Opportunity Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Papaya Growth's Total Assets and Cash And Short Term Investments is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Papaya Growth Opportunity, assuming nothing else is changed. The correlation between historical values of Papaya Growth's Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Papaya Growth Opportunity are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Papaya Growth's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Papaya Growth assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Papaya Growth Opportunity books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Papaya Growth Opportunity balance sheet. This account contains Papaya Growth investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Papaya Growth Opportunity fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Papaya Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Papaya Growth Opportunity 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 Papaya Growth Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Papaya Growth's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 61.58 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 497.1K | 5.3M | 3.2M | Tax Provision | 639.0K | 2.2M | 1.6M |
Papaya Growth fundamental ratios Correlations
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Papaya Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Papaya Stock Analysis
When running Papaya Growth's price analysis, check to measure Papaya Growth'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 Papaya Growth is operating at the current time. Most of Papaya Growth's value examination focuses on studying past and present price action to predict the probability of Papaya Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Papaya Growth's price. Additionally, you may evaluate how the addition of Papaya Growth to your portfolios can decrease your overall portfolio volatility.