Papaya Cash vs Net Debt Analysis
| PPYAW Stock | USD 0.01 0.0001 0.99% |
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 Cash and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios. 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.
Cash vs Net Debt
Cash vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Papaya Growth Opportunity Cash account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Papaya Growth's Cash and Net Debt is -0.31. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt 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 Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Papaya Growth Opportunity are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Papaya Growth's Cash and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Papaya Growth Opportunity, which is listed under current asset account on Papaya Growth Opportunity balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Papaya Growth customers. The amounts must be unrestricted with restricted cash listed in a different Papaya Growth account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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. 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 fairly stable compared to the past year. Enterprise Value Multiple is likely to climb 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
Click cells to compare fundamentals
Papaya Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.