Prestige Other Liab vs Total Liab Analysis
PWM Stock | 0.95 0.08 7.77% |
Prestige Wealth financial indicator trend analysis is much more than just breaking down Prestige Wealth Ordinary prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prestige Wealth Ordinary is a good investment. Please check the relationship between Prestige Wealth Other Liab and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Wealth Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Other Liab vs Total Liab
Other Liab vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prestige Wealth Ordinary Other Liab account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prestige Wealth's Other Liab and Total Liab is -0.42. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Prestige Wealth Ordinary, assuming nothing else is changed. The correlation between historical values of Prestige Wealth's Other Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Prestige Wealth Ordinary are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Liab i.e., Prestige Wealth's Other Liab and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Liab
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Prestige Wealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prestige Wealth Ordinary 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 Prestige Wealth Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Prestige Wealth's Issuance Of Capital Stock is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 2.08, while Selling General Administrative is likely to drop about 727.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1M | 348.5K | 313.7K | 298.0K | Total Revenue | 2.1M | 348.5K | 313.7K | 298.0K |
Prestige Wealth fundamental ratios Correlations
Click cells to compare fundamentals
Prestige Wealth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prestige Wealth fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 248.7K | 200.2K | 315.4K | 272.3K | 245.1K | 284.3K | |
Total Current Liabilities | 1.3M | 403.8K | 597.8K | 520.1K | 468.1K | 590.7K | |
Retained Earnings | 4.9M | 3.3M | 4.7M | 3.6M | 4.2M | 4.3M | |
Net Receivables | 5.2M | 42.3K | 67.3K | 733.2K | 659.9K | 626.9K | |
Other Current Assets | 1.3M | 1.8M | 2.4M | 5.5M | 6.3M | 6.6M | |
Other Stockholder Equity | 444.4K | 666.4K | 735.4K | 2.5M | 2.9M | 3.1M | |
Total Current Assets | 5.7M | 3.0M | 4.0M | 6.7M | 7.7M | 5.0M |
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Is Asset Management & Custody Banks 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 Prestige Wealth. If investors know Prestige 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 Prestige Wealth 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 (0.82) | Earnings Share (0.13) | Revenue Per Share 0.042 | Quarterly Revenue Growth (0.68) | Return On Assets (0.11) |
The market value of Prestige Wealth Ordinary is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Wealth's value that differs from its market value or its book value, called intrinsic value, which is Prestige Wealth'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 Prestige Wealth's market value can be influenced by many factors that don't directly affect Prestige Wealth'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 Prestige Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Wealth'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.