PYRAMID Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PYRAMID TECHNOPLAST ORD Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PYRAMID TECHNOPLAST's Total Current Assets and Cash And Short Term Investments is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of PYRAMID TECHNOPLAST ORD are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., PYRAMID TECHNOPLAST's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of PYRAMID TECHNOPLAST ORD balance sheet. This account contains PYRAMID TECHNOPLAST investments that will expire within one year. These investments include stocks and bonds that can be liquidated by PYRAMID TECHNOPLAST ORD fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.