PEXA Dividends Paid vs Depreciation Analysis
PXA Stock | 13.01 0.25 1.96% |
PEXA financial indicator trend analysis is much more than just breaking down PEXA Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PEXA Group is a good investment. Please check the relationship between PEXA Dividends Paid and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEXA 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 board of governors.
Dividends Paid vs Depreciation
Dividends Paid vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEXA Group Dividends Paid account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PEXA's Dividends Paid and Depreciation is -0.43. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Depreciation in the same time period over historical financial statements of PEXA Group, assuming nothing else is changed. The correlation between historical values of PEXA's Dividends Paid and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of PEXA Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Dividends Paid i.e., PEXA's Dividends Paid and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Depreciation
Depreciation indicates how much of PEXA Group value has been used up. For tax purposes PEXA can deduct the cost of the tangible assets it purchases as business expenses. However, PEXA Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from PEXA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PEXA Group 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 PEXA 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 board of governors. Tax Provision is likely to drop to about 5.9 M in 2024. Selling General Administrative is likely to drop to about 66 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 279.8M | 281.7M | 340.1M | 218.4M | Depreciation And Amortization | 68.3M | 76.8M | 90.5M | 77.3M |
PEXA fundamental ratios Correlations
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PEXA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for PEXA Stock Analysis
When running PEXA's price analysis, check to measure PEXA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PEXA is operating at the current time. Most of PEXA's value examination focuses on studying past and present price action to predict the probability of PEXA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEXA's price. Additionally, you may evaluate how the addition of PEXA to your portfolios can decrease your overall portfolio volatility.