PEXA Intangible Assets vs Good Will 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 Intangible Assets and its Good Will 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.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEXA Group Intangible Assets account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between PEXA's Intangible Assets and Good Will is 0.24. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will 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 Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of PEXA Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., PEXA's Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.
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 Revenue279.8M281.7M340.1M218.4M
Depreciation And Amortization68.3M76.8M90.5M77.3M

PEXA fundamental ratios Correlations

0.670.240.270.19-0.50.06-0.31-0.550.23-0.560.680.270.690.550.270.660.8-0.490.20.250.290.260.3-0.060.27
0.670.490.690.08-0.620.62-0.49-0.70.46-0.440.740.490.940.840.490.80.82-0.490.620.740.750.630.66-0.330.5
0.240.490.850.86-0.960.52-0.99-0.571.0-0.590.660.530.270.610.530.650.51-0.80.970.910.880.970.750.60.77
0.270.690.850.55-0.810.84-0.79-0.40.82-0.720.840.70.450.830.70.870.73-0.630.920.90.940.890.890.160.47
0.190.080.860.55-0.830.16-0.89-0.360.88-0.590.460.3-0.10.280.30.420.3-0.730.710.580.550.730.450.90.62
-0.5-0.62-0.96-0.81-0.83-0.460.970.69-0.960.66-0.75-0.51-0.44-0.67-0.51-0.74-0.660.85-0.91-0.88-0.86-0.94-0.72-0.53-0.8
0.060.620.520.840.16-0.46-0.47-0.140.5-0.580.620.380.50.640.380.730.62-0.320.660.70.70.620.62-0.210.2
-0.31-0.49-0.99-0.79-0.890.97-0.470.61-0.990.6-0.63-0.41-0.31-0.55-0.41-0.64-0.520.83-0.93-0.88-0.83-0.96-0.65-0.63-0.82
-0.55-0.7-0.57-0.4-0.360.69-0.140.61-0.570.15-0.4-0.27-0.67-0.59-0.27-0.43-0.430.41-0.58-0.67-0.65-0.65-0.45-0.13-0.85
0.230.461.00.820.88-0.960.5-0.99-0.57-0.570.620.460.270.560.460.620.48-0.810.960.90.860.970.690.620.8
-0.56-0.44-0.59-0.72-0.590.66-0.580.60.15-0.57-0.88-0.46-0.29-0.63-0.46-0.88-0.850.56-0.54-0.46-0.54-0.53-0.57-0.27-0.13
0.680.740.660.840.46-0.750.62-0.63-0.40.62-0.880.740.550.890.740.980.95-0.610.680.660.760.670.830.060.27
0.270.490.530.70.3-0.510.38-0.41-0.270.46-0.460.740.190.821.00.640.54-0.310.590.550.710.530.930.010.12
0.690.940.270.45-0.1-0.440.5-0.31-0.670.27-0.290.550.190.630.190.640.72-0.380.40.550.520.440.37-0.450.45
0.550.840.610.830.28-0.670.64-0.55-0.590.56-0.630.890.820.630.820.890.83-0.370.70.740.860.680.91-0.140.35
0.270.490.530.70.3-0.510.38-0.41-0.270.46-0.460.741.00.190.820.640.54-0.310.590.550.710.530.930.010.12
0.660.80.650.870.42-0.740.73-0.64-0.430.62-0.880.980.640.640.890.640.97-0.590.690.70.770.690.78-0.020.31
0.80.820.510.730.3-0.660.62-0.52-0.430.48-0.850.950.540.720.830.540.97-0.550.540.570.640.550.66-0.120.24
-0.49-0.49-0.8-0.63-0.730.85-0.320.830.41-0.810.56-0.61-0.31-0.38-0.37-0.31-0.59-0.55-0.73-0.69-0.61-0.76-0.48-0.51-0.65
0.20.620.970.920.71-0.910.66-0.93-0.580.96-0.540.680.590.40.70.590.690.54-0.730.980.960.990.820.390.75
0.250.740.910.90.58-0.880.7-0.88-0.670.9-0.460.660.550.550.740.550.70.57-0.690.980.970.980.80.230.78
0.290.750.880.940.55-0.860.7-0.83-0.650.86-0.540.760.710.520.860.710.770.64-0.610.960.970.950.910.180.67
0.260.630.970.890.73-0.940.62-0.96-0.650.97-0.530.670.530.440.680.530.690.55-0.760.990.980.950.780.420.81
0.30.660.750.890.45-0.720.62-0.65-0.450.69-0.570.830.930.370.910.930.780.66-0.480.820.80.910.780.090.37
-0.06-0.330.60.160.9-0.53-0.21-0.63-0.130.62-0.270.060.01-0.45-0.140.01-0.02-0.12-0.510.390.230.180.420.090.47
0.270.50.770.470.62-0.80.2-0.82-0.850.8-0.130.270.120.450.350.120.310.24-0.650.750.780.670.810.370.47
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PEXA Account Relationship Matchups

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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.