PEXA Other Liab vs Non Currrent Assets Other 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 Liab and its Non Currrent Assets Other 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 Liab vs Non Currrent Assets Other
Other Liab vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEXA Group Other Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between PEXA's Other Liab and Non Currrent Assets Other is 0.64. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Currrent Assets Other 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 Liab and Non Currrent Assets Other 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 PEXA Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Liab i.e., PEXA's Other Liab and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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.