PEXA Good Will vs Other Current Assets Analysis

PXA Stock

12.50 0.18 1.46%

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 Good Will and its Other Current Assets 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.

Good Will vs Other Current Assets

Good Will vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEXA Group Good Will account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between PEXA's Good Will and Other Current Assets is 0.64. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Assets 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 Good Will and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of PEXA Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Good Will i.e., PEXA's Good Will and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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	91.9M	77.5M

Total Revenue Depreciation And Amortization

PEXA fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.59	0.24	0.27	0.19	-0.5	0.06	-0.31	-0.55	0.23	-0.56	0.68	0.27	0.69	0.55	0.27	0.66	0.8	-0.49	0.2	0.25	0.29	0.26	0.3	-0.06	0.27
Total Assets	0.59		0.55	0.83	0.15	-0.63	0.77	-0.52	-0.51	0.52	-0.61	0.87	0.65	0.82	0.91	0.65	0.91	0.89	-0.51	0.68	0.76	0.81	0.71	0.79	-0.3	0.35
Short Long Term Debt Total	0.24	0.55		0.85	0.86	-0.96	0.52	-0.99	-0.57	1.0	-0.59	0.66	0.53	0.27	0.61	0.53	0.65	0.51	-0.8	0.97	0.91	0.88	0.97	0.75	0.6	0.77
Other Current Liab	0.27	0.83	0.85		0.55	-0.81	0.84	-0.79	-0.4	0.82	-0.72	0.84	0.7	0.45	0.83	0.7	0.87	0.73	-0.63	0.92	0.9	0.94	0.94	0.89	0.16	0.47
Total Current Liabilities	0.19	0.15	0.86	0.55		-0.83	0.16	-0.89	-0.36	0.88	-0.59	0.46	0.3	-0.1	0.28	0.3	0.42	0.3	-0.73	0.71	0.58	0.55	0.72	0.45	0.9	0.62
Total Stockholder Equity	-0.5	-0.63	-0.96	-0.81	-0.83		-0.46	0.97	0.69	-0.96	0.66	-0.75	-0.51	-0.44	-0.67	-0.51	-0.74	-0.66	0.85	-0.91	-0.88	-0.86	-0.93	-0.72	-0.53	-0.8
Other Liab	0.06	0.77	0.52	0.84	0.16	-0.46		-0.47	-0.14	0.5	-0.58	0.62	0.38	0.5	0.64	0.38	0.73	0.62	-0.32	0.66	0.7	0.7	0.68	0.62	-0.21	0.2
Net Tangible Assets	-0.31	-0.52	-0.99	-0.79	-0.89	0.97	-0.47		0.61	-0.99	0.6	-0.63	-0.41	-0.31	-0.55	-0.41	-0.64	-0.52	0.83	-0.93	-0.88	-0.83	-0.94	-0.65	-0.63	-0.82
Property Plant And Equipment Net	-0.55	-0.51	-0.57	-0.4	-0.36	0.69	-0.14	0.61		-0.57	0.15	-0.4	-0.27	-0.67	-0.59	-0.27	-0.43	-0.43	0.41	-0.58	-0.67	-0.65	-0.58	-0.45	-0.13	-0.85
Net Debt	0.23	0.52	1.0	0.82	0.88	-0.96	0.5	-0.99	-0.57		-0.57	0.62	0.46	0.27	0.56	0.46	0.62	0.48	-0.81	0.96	0.9	0.86	0.96	0.69	0.62	0.8
Retained Earnings	-0.56	-0.61	-0.59	-0.72	-0.59	0.66	-0.58	0.6	0.15	-0.57		-0.88	-0.46	-0.29	-0.63	-0.46	-0.88	-0.85	0.56	-0.54	-0.46	-0.54	-0.59	-0.57	-0.27	-0.13
Accounts Payable	0.68	0.87	0.66	0.84	0.46	-0.75	0.62	-0.63	-0.4	0.62	-0.88		0.74	0.55	0.89	0.74	0.98	0.95	-0.61	0.68	0.66	0.76	0.72	0.83	0.06	0.27
Cash	0.27	0.65	0.53	0.7	0.3	-0.51	0.38	-0.41	-0.27	0.46	-0.46	0.74		0.19	0.82	1.0	0.64	0.54	-0.31	0.59	0.55	0.71	0.59	0.93	0.01	0.12
Non Current Assets Total	0.69	0.82	0.27	0.45	-0.1	-0.44	0.5	-0.31	-0.67	0.27	-0.29	0.55	0.19		0.63	0.19	0.64	0.72	-0.38	0.4	0.55	0.52	0.43	0.37	-0.45	0.45
Non Currrent Assets Other	0.55	0.91	0.61	0.83	0.28	-0.67	0.64	-0.55	-0.59	0.56	-0.63	0.89	0.82	0.63		0.82	0.89	0.83	-0.37	0.7	0.74	0.86	0.73	0.91	-0.14	0.35
Cash And Short Term Investments	0.27	0.65	0.53	0.7	0.3	-0.51	0.38	-0.41	-0.27	0.46	-0.46	0.74	1.0	0.19	0.82		0.64	0.54	-0.31	0.59	0.55	0.71	0.59	0.93	0.01	0.12
Net Receivables	0.66	0.91	0.65	0.87	0.42	-0.74	0.73	-0.64	-0.43	0.62	-0.88	0.98	0.64	0.64	0.89	0.64		0.97	-0.59	0.69	0.7	0.77	0.74	0.78	-0.02	0.31
Good Will	0.8	0.89	0.51	0.73	0.3	-0.66	0.62	-0.52	-0.43	0.48	-0.85	0.95	0.54	0.72	0.83	0.54	0.97		-0.55	0.54	0.57	0.64	0.6	0.66	-0.12	0.24
Short Term Investments	-0.49	-0.51	-0.8	-0.63	-0.73	0.85	-0.32	0.83	0.41	-0.81	0.56	-0.61	-0.31	-0.38	-0.37	-0.31	-0.59	-0.55		-0.73	-0.69	-0.61	-0.75	-0.48	-0.51	-0.65
Long Term Debt Total	0.2	0.68	0.97	0.92	0.71	-0.91	0.66	-0.93	-0.58	0.96	-0.54	0.68	0.59	0.4	0.7	0.59	0.69	0.54	-0.73		0.98	0.96	1.0	0.82	0.39	0.75
Non Current Liabilities Total	0.25	0.76	0.91	0.9	0.58	-0.88	0.7	-0.88	-0.67	0.9	-0.46	0.66	0.55	0.55	0.74	0.55	0.7	0.57	-0.69	0.98		0.97	0.97	0.8	0.23	0.78
Other Current Assets	0.29	0.81	0.88	0.94	0.55	-0.86	0.7	-0.83	-0.65	0.86	-0.54	0.76	0.71	0.52	0.86	0.71	0.77	0.64	-0.61	0.96	0.97		0.96	0.91	0.18	0.67
Total Liab	0.26	0.71	0.97	0.94	0.72	-0.93	0.68	-0.94	-0.58	0.96	-0.59	0.72	0.59	0.43	0.73	0.59	0.74	0.6	-0.75	1.0	0.97	0.96		0.83	0.38	0.73
Total Current Assets	0.3	0.79	0.75	0.89	0.45	-0.72	0.62	-0.65	-0.45	0.69	-0.57	0.83	0.93	0.37	0.91	0.93	0.78	0.66	-0.48	0.82	0.8	0.91	0.83		0.09	0.37
Short Term Debt	-0.06	-0.3	0.6	0.16	0.9	-0.53	-0.21	-0.63	-0.13	0.62	-0.27	0.06	0.01	-0.45	-0.14	0.01	-0.02	-0.12	-0.51	0.39	0.23	0.18	0.38	0.09		0.47
Intangible Assets	0.27	0.35	0.77	0.47	0.62	-0.8	0.2	-0.82	-0.85	0.8	-0.13	0.27	0.12	0.45	0.35	0.12	0.31	0.24	-0.65	0.75	0.78	0.67	0.73	0.37	0.47

Click cells to compare fundamentals

PEXA Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

PEXA Good Will vs Other Current Assets Analysis

Good Will vs Other Current Assets

Good Will vs Other Current Assets Correlation Analysis

Correlation Coefficient

Good Will

Other Current Assets

PEXA fundamental ratios Correlations

PEXA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for PEXA Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Long Term Debt Total
Net Receivables	+ 0.98	Accounts Payable
Non Current Liabilities Total	+ 0.98	Long Term Debt Total
Long Term Debt Total	+ 0.97	Short Long Term Debt Total

Net Debt	- 0.99	Net Tangible Assets
Net Tangible Assets	- 0.99	Short Long Term Debt Total
Net Debt	- 0.96	Total Stockholder Equity
Total Stockholder Equity	- 0.96	Short Long Term Debt Total
Total Liab	- 0.94	Net Tangible Assets
Long Term Debt Total	- 0.93	Net Tangible Assets