PYRAMID Other Current Assets vs Common Stock Shares Outstanding Analysis

PYRAMID Stock   206.18  1.23  0.59%   
PYRAMID TECHNOPLAST financial indicator trend analysis is much more than just breaking down PYRAMID TECHNOPLAST ORD prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PYRAMID TECHNOPLAST ORD is a good investment. Please check the relationship between PYRAMID TECHNOPLAST Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PYRAMID TECHNOPLAST ORD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PYRAMID TECHNOPLAST ORD Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between PYRAMID TECHNOPLAST's Other Current Assets and Common Stock Shares Outstanding is 0.62. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of PYRAMID TECHNOPLAST ORD, assuming nothing else is changed. The correlation between historical values of PYRAMID TECHNOPLAST's Other Current Assets and Common Stock Shares Outstanding 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 Assets of PYRAMID TECHNOPLAST ORD are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., PYRAMID TECHNOPLAST's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from PYRAMID TECHNOPLAST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PYRAMID TECHNOPLAST ORD 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 PYRAMID TECHNOPLAST ORD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Selling General Administrative is expected to grow to about 224 M
 2021 2022 2023 2024 (projected)
Interest Expense42.4M40.5M23.4M33.6M
Depreciation And Amortization42.2M49.3M63.5M50.5M

PYRAMID TECHNOPLAST fundamental ratios Correlations

-0.50.810.590.920.96-0.50.990.760.160.960.85-0.830.860.980.70.86-0.860.990.650.92-0.050.990.010.970.9
-0.5-0.80.34-0.57-0.721.0-0.36-0.40.05-0.36-0.120.06-0.67-0.390.06-0.680.58-0.350.1-0.50.79-0.370.83-0.46-0.55
0.81-0.80.10.80.9-0.80.760.390.00.710.52-0.470.830.770.310.83-0.940.740.160.67-0.550.74-0.330.790.68
0.590.340.10.570.340.330.680.540.20.670.81-0.840.440.670.90.43-0.370.70.820.630.530.690.670.570.58
0.92-0.570.80.570.89-0.570.890.730.150.870.82-0.770.980.910.740.98-0.860.880.540.95-0.30.9-0.110.860.94
0.96-0.720.90.340.89-0.730.90.730.080.870.7-0.660.880.90.50.88-0.860.90.490.88-0.280.9-0.270.930.88
-0.51.0-0.80.33-0.57-0.73-0.37-0.410.02-0.37-0.140.07-0.68-0.40.05-0.690.58-0.360.1-0.510.79-0.380.83-0.46-0.55
0.99-0.360.760.680.890.9-0.370.710.180.970.9-0.880.820.990.770.81-0.851.00.680.880.051.00.160.960.85
0.76-0.40.390.540.730.73-0.410.710.280.760.7-0.680.710.710.650.7-0.380.720.720.880.10.75-0.20.690.87
0.160.050.00.20.150.080.020.180.280.390.51-0.530.180.270.510.120.070.14-0.160.070.190.170.03-0.080.02
0.96-0.360.710.670.870.87-0.370.970.760.390.95-0.940.810.990.820.8-0.770.970.610.860.080.970.120.880.82
0.85-0.120.520.810.820.7-0.140.90.70.510.95-1.00.750.930.960.72-0.650.890.610.790.210.90.310.740.74
-0.830.06-0.47-0.84-0.77-0.660.07-0.88-0.68-0.53-0.94-1.0-0.7-0.91-0.96-0.670.61-0.87-0.62-0.75-0.28-0.88-0.37-0.72-0.7
0.86-0.670.830.440.980.88-0.680.820.710.180.810.75-0.70.850.671.0-0.830.810.410.91-0.430.83-0.260.790.92
0.98-0.390.770.670.910.9-0.40.990.710.270.990.93-0.910.850.80.85-0.860.990.620.880.00.990.130.920.85
0.70.060.310.90.740.50.050.770.650.510.820.96-0.960.670.80.64-0.490.760.620.720.280.780.420.590.67
0.86-0.680.830.430.980.88-0.690.810.70.120.80.72-0.671.00.850.64-0.850.810.430.92-0.450.82-0.260.80.92
-0.860.58-0.94-0.37-0.86-0.860.58-0.85-0.380.07-0.77-0.650.61-0.83-0.86-0.49-0.85-0.84-0.35-0.730.38-0.830.02-0.87-0.73
0.99-0.350.740.70.880.9-0.361.00.720.140.970.89-0.870.810.990.760.81-0.840.720.890.071.00.170.970.87
0.650.10.160.820.540.490.10.680.72-0.160.610.61-0.620.410.620.620.43-0.350.720.740.490.710.390.720.72
0.92-0.50.670.630.950.88-0.510.880.880.070.860.79-0.750.910.880.720.92-0.730.890.74-0.120.91-0.110.891.0
-0.050.79-0.550.53-0.3-0.280.790.050.10.190.080.21-0.28-0.430.00.28-0.450.380.070.49-0.120.060.75-0.03-0.18
0.99-0.370.740.690.90.9-0.381.00.750.170.970.9-0.880.830.990.780.82-0.831.00.710.910.060.140.960.88
0.010.83-0.330.67-0.11-0.270.830.16-0.20.030.120.31-0.37-0.260.130.42-0.260.020.170.39-0.110.750.140.05-0.16
0.97-0.460.790.570.860.93-0.460.960.69-0.080.880.74-0.720.790.920.590.8-0.870.970.720.89-0.030.960.050.88
0.9-0.550.680.580.940.88-0.550.850.870.020.820.74-0.70.920.850.670.92-0.730.870.721.0-0.180.88-0.160.88
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PYRAMID TECHNOPLAST Account Relationship Matchups

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Other Information on Investing in PYRAMID Stock

Balance Sheet is a snapshot of the financial position of PYRAMID TECHNOPLAST ORD at a specified time, usually calculated after every quarter, six months, or one year. PYRAMID TECHNOPLAST Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PYRAMID TECHNOPLAST and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PYRAMID currently owns. An asset can also be divided into two categories, current and non-current.