PSIG Cash And Short Term Investments vs Long Term Investments Analysis
| PSIG Stock | 0.60 0.01 1.69% |
PS International financial indicator trend analysis is much more than just breaking down PS International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PS International is a good investment. Please check the relationship between PS International Cash And Short Term Investments and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PS International 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 gross domestic product.
Cash And Short Term Investments vs Long Term Investments
Cash And Short Term Investments vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PS International Cash And Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PS International's Cash And Short Term Investments and Long Term Investments is -0.31. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of PS International Group, assuming nothing else is changed. The correlation between historical values of PS International's Cash And Short Term Investments and Long 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 Cash And Short Term Investments of PS International Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Cash And Short Term Investments i.e., PS International's Cash And Short Term Investments and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of PS International balance sheet. This account contains PS International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by PS International Group 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.Long Term Investments
Long Term Investments is an item on the asset side of PS International balance sheet that represents investments PS International intends to hold for over a year. PS International Group long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from PS International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PS International 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 PS International 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 gross domestic product. At this time, PS International's Enterprise Value Multiple is most likely to decrease significantly in the upcoming years.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 575.9K | 503K | 269.8K | 381.1K | Interest Income | 16.6K | 38.8K | 79.2K | 83.2K |
PS International fundamental ratios Correlations
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PS International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether PS International is a strong investment it is important to analyze PS International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PS International's future performance. For an informed investment choice regarding PSIG Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PS International 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 gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PS International. If investors know PSIG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PS International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Earnings Share 0.18 | Revenue Per Share 700.102 | Quarterly Revenue Growth 0.526 | Return On Assets 0.1217 |
The market value of PS International is measured differently than its book value, which is the value of PSIG that is recorded on the company's balance sheet. Investors also form their own opinion of PS International's value that differs from its market value or its book value, called intrinsic value, which is PS International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PS International's market value can be influenced by many factors that don't directly affect PS International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PS International's value and its price as these two are different measures arrived at by different means. Investors typically determine if PS International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PS International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.