PT Stock | | | USD 1.00 0.04 4.17% |
Pintec Technology financial indicator trend analysis is much more than just breaking down Pintec Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pintec Technology is a good investment. Please check the relationship between Pintec Technology Days Payables Outstanding and its Ev To Sales accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pintec Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Days Payables Outstanding vs Ev To Sales
Days Payables Outstanding vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pintec Technology Days Payables Outstanding account and
Ev To Sales. At this time, the significance of the direction appears to have no relationship.
The correlation between Pintec Technology's Days Payables Outstanding and Ev To Sales is 0.01. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Pintec Technology Holdings, assuming nothing else is changed. The correlation between historical values of Pintec Technology's Days Payables Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Pintec Technology Holdings are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Payables Outstanding i.e., Pintec Technology's Days Payables Outstanding and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Days Payables Outstanding
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Pintec Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pintec Technology 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 Pintec Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.64 in 2024, despite the fact that
Tax Provision is likely to grow to (13.2
M).
Pintec Technology fundamental ratios Correlations
Click cells to compare fundamentals
Pintec Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pintec Technology fundamental ratios Accounts
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Additional Tools for Pintec Stock Analysis
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predict the probability of Pintec Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pintec Technology's price. Additionally, you may evaluate how the addition of Pintec Technology to your portfolios can decrease your overall portfolio volatility.