PEXA Other Current Liab vs Long Term Debt Total 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 Other Current Liab and its Long Term Debt Total 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.
Other Current Liab vs Long Term Debt Total
Other Current Liab vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEXA Group Other Current Liab account and Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PEXA's Other Current Liab and Long Term Debt Total is 0.92. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt Total 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 Other Current Liab and Long Term Debt Total 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 Current Liab of PEXA Group are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Other Current Liab i.e., PEXA's Other Current Liab and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Liab
Long Term Debt Total
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 |
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.