| PTM Stock | | | 1.05 0.01 0.94% |
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 Total Revenue and its Selling And Marketing Expenses 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.
Total Revenue vs Selling And Marketing Expenses
Total Revenue vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Platinum Asset Management Total Revenue account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Platinum Asset's Total Revenue and Selling And Marketing Expenses is -0.2. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling And Marketing Expenses 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 Total Revenue and Selling And Marketing Expenses 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 Revenue of Platinum Asset Management are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Total Revenue i.e., Platinum Asset's Total Revenue and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Platinum Asset Management generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Selling And Marketing Expenses
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.
At this time, Platinum Asset's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 50.8
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 164.9M | 114.6M | 74.2M | 70.5M | Total Revenue | 256.9M | 211.1M | 185.1M | 299.0M |
Platinum Asset fundamental ratios Correlations
Click cells to compare fundamentals
Platinum Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Platinum Asset fundamental ratios Accounts
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Additional Tools for Platinum Stock Analysis
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