Platinum Ebitda vs Net Income Analysis

PTM Stock   0.60  0.15  20.00%   
Platinum Asset financial indicator trend analysis is much more than just breaking down Platinum Asset Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Platinum Asset Management is a good investment. Please check the relationship between Platinum Asset Ebitda and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Asset Management. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Platinum Asset Management Ebitda account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Platinum Asset's Ebitda and Net Income is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Platinum Asset Management, assuming nothing else is changed. The correlation between historical values of Platinum Asset's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Platinum Asset Management are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Platinum Asset's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Platinum Asset Management financial statement analysis. It represents the amount of money remaining after all of Platinum Asset Management operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Platinum Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Platinum Asset Management 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 Platinum Asset Management. 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 gain to about 94.9 M in 2025, whereas Tax Provision is likely to drop slightly above 23.9 M in 2025.
 2022 2023 2024 2025 (projected)
Operating Income114.6M74.2M66.7M63.4M
Total Revenue211.1M185.1M212.9M299.0M

Platinum Asset fundamental ratios Correlations

0.950.760.83-0.240.620.170.85-0.180.340.53-0.120.37-0.12-0.370.19-0.17-0.040.02-0.14-0.34-0.2-0.13-0.080.01-0.04
0.950.770.84-0.10.530.050.79-0.180.250.45-0.120.53-0.21-0.270.04-0.12-0.01-0.07-0.12-0.26-0.170.03-0.090.15-0.06
0.760.770.96-0.340.720.190.83-0.230.410.57-0.260.28-0.44-0.41-0.1-0.67-0.38-0.27-0.33-0.42-0.69-0.16-0.050.12-0.47
0.830.840.96-0.390.780.260.86-0.250.440.59-0.340.25-0.46-0.460.0-0.62-0.42-0.33-0.38-0.46-0.66-0.21-0.050.06-0.41
-0.24-0.1-0.34-0.39-0.44-0.74-0.280.14-0.7-0.580.540.320.40.32-0.580.540.570.540.660.270.590.3-0.16-0.020.43
0.620.530.720.78-0.440.140.72-0.210.180.22-0.17-0.34-0.21-0.63-0.09-0.61-0.3-0.19-0.22-0.64-0.61-0.660.0-0.43-0.37
0.170.050.190.26-0.740.140.15-0.150.850.67-0.78-0.17-0.44-0.20.68-0.38-0.61-0.56-0.81-0.14-0.4-0.120.080.19-0.1
0.850.790.830.86-0.280.720.150.180.30.480.040.23-0.05-0.640.0-0.46-0.25-0.18-0.07-0.64-0.39-0.390.18-0.21-0.06
-0.18-0.18-0.23-0.250.14-0.21-0.150.18-0.24-0.210.610.070.47-0.32-0.140.160.14-0.160.45-0.330.34-0.240.56-0.370.45
0.340.250.410.44-0.70.180.850.3-0.240.9-0.740.0-0.630.040.63-0.41-0.58-0.57-0.860.09-0.50.11-0.120.47-0.32
0.530.450.570.59-0.580.220.670.48-0.210.9-0.550.22-0.520.00.59-0.41-0.45-0.4-0.650.05-0.50.14-0.180.48-0.34
-0.12-0.12-0.26-0.340.54-0.17-0.780.040.61-0.74-0.550.090.79-0.12-0.40.420.670.550.94-0.150.54-0.180.22-0.440.4
0.370.530.280.250.32-0.34-0.170.230.070.00.220.09-0.080.18-0.10.20.10.070.120.170.170.64-0.090.520.11
-0.12-0.21-0.44-0.460.4-0.21-0.44-0.050.47-0.63-0.520.79-0.08-0.32-0.090.50.620.650.81-0.310.67-0.390.29-0.590.73
-0.37-0.27-0.41-0.460.32-0.63-0.2-0.64-0.320.040.0-0.120.18-0.320.050.470.260.15-0.060.990.280.83-0.40.69-0.19
0.190.04-0.10.0-0.58-0.090.680.0-0.140.630.59-0.4-0.1-0.090.050.09-0.13-0.11-0.460.150.020.04-0.10.280.13
-0.17-0.12-0.67-0.620.54-0.61-0.38-0.460.16-0.41-0.410.420.20.50.470.090.810.480.480.480.970.36-0.060.070.63
-0.04-0.01-0.38-0.420.57-0.3-0.61-0.250.14-0.58-0.450.670.10.620.26-0.130.810.660.710.250.80.07-0.06-0.160.41
0.02-0.07-0.27-0.330.54-0.19-0.56-0.18-0.16-0.57-0.40.550.070.650.15-0.110.480.660.690.150.50.03-0.29-0.20.31
-0.14-0.12-0.33-0.380.66-0.22-0.81-0.070.45-0.86-0.650.940.120.81-0.06-0.460.480.710.69-0.10.6-0.120.24-0.430.44
-0.34-0.26-0.42-0.460.27-0.64-0.14-0.64-0.330.090.05-0.150.17-0.310.990.150.480.250.15-0.10.30.83-0.40.7-0.16
-0.2-0.17-0.69-0.660.59-0.61-0.4-0.390.34-0.5-0.50.540.170.670.280.020.970.80.50.60.30.210.09-0.110.77
-0.130.03-0.16-0.210.3-0.66-0.12-0.39-0.240.110.14-0.180.64-0.390.830.040.360.070.03-0.120.830.21-0.320.86-0.12
-0.08-0.09-0.05-0.05-0.160.00.080.180.56-0.12-0.180.22-0.090.29-0.4-0.1-0.06-0.06-0.290.24-0.40.09-0.32-0.340.3
0.010.150.120.06-0.02-0.430.19-0.21-0.370.470.48-0.440.52-0.590.690.280.07-0.16-0.2-0.430.7-0.110.86-0.34-0.26
-0.04-0.06-0.47-0.410.43-0.37-0.1-0.060.45-0.32-0.340.40.110.73-0.190.130.630.410.310.44-0.160.77-0.120.3-0.26
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Platinum Asset Account Relationship Matchups

Platinum Asset fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets384.3M352.6M354.3M346.2M398.1M369.3M
Total Stockholder Equity342.0M323.6M328.2M314.2M361.4M329.5M
Other Liab7.3M13.2M6.8M3.9M3.5M3.3M
Retained Earnings203.0M177.1M177.6M148.8M133.9M150.2M
Accounts Payable3.9M4.3M7.1M8.5M9.8M5.5M
Cash143.3M87.4M86.2M120.4M108.4M104.6M
Other Assets2.0M2.8M3.3M(129.9M)(116.9M)(111.0M)
Total Liab42.3M29.1M24.7M29.4M26.5M23.2M
Property Plant Equipment12.1M9.5M7.0M4.6M5.3M3.8M
Other Current Liab16.0M9.9M7.2M1.4M1.2M1.2M
Total Current Liabilities21.8M16.2M16.4M11.6M10.5M16.8M
Property Plant And Equipment Net9.5M7.0M4.6M13.8M15.9M16.7M
Net Debt(136.2M)(82.2M)(82.9M)(108.1M)(97.3M)(102.1M)
Non Current Assets Total161.5M142.7M138.5M205.6M236.5M248.3M
Cash And Short Term Investments193.2M177.3M186.1M250.3M287.8M250.0M
Net Receivables25.7M27.1M22.5M14.6M16.8M30.4M
Common Stock Shares Outstanding583.1M582.3M577.8M578.0M664.7M637.5M
Liabilities And Stockholders Equity384.3M352.6M354.3M346.2M398.1M353.6M
Other Current Assets214K219K3.9M5.6M6.4M6.7M
Property Plant And Equipment Gross16.6M16.7M17.0M28.5M32.8M34.5M
Total Current Assets220.8M207.1M212.5M270.4M311.0M282.5M
Accumulated Other Comprehensive Income(575.8M)(560.1M)(551.4M)(530.7M)(610.3M)(640.8M)
Short Term Debt1.9M2.0M2.1M1.7M1.5M1.5M
Non Current Liabilities Total18.5M10.0M5.0M15.3M17.6M18.4M
Non Currrent Assets Other1.9M2.6M2.3M(204.7M)(184.2M)(175.0M)
Other Stockholder Equity(36.5M)(44.8M)(49.3M)(49.7M)(57.1M)(60.0M)
Net Tangible Assets318.3M342.0M323.6M328.2M295.4M268.5M
Long Term Investments152.0M135.7M133.9M190.9M219.5M131.7M
Long Term Debt Total7.1M5.2M3.2M1.1M1.3M1.2M
Net Invested Capital349.1M328.8M331.4M326.6M293.9M265.5M
Cash And Equivalents105.3M143.3M87.4M86.2M77.6M97.5M
Net Working Capital168.0M199.0M190.9M196.0M176.4M173.1M
Short Long Term Debt Total7.1M5.3M3.3M12.3M11.1M6.1M
Current Deferred Revenue(1.9M)(2.0M)(2.1M)(6.8M)(6.1M)(5.8M)

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