Panoply Income Tax Expense vs Total Other Income Expense Net Analysis

TPX Stock   38.00  2.00  5.00%   
Panoply Holdings financial indicator trend analysis is much more than just breaking down Panoply Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panoply Holdings is a good investment. Please check the relationship between Panoply Holdings Income Tax Expense and its Total Other Income Expense Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Panoply Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Tax Expense vs Total Other Income Expense Net

Income Tax Expense vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panoply Holdings Income Tax Expense account and Total Other Income Expense Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Panoply Holdings' Income Tax Expense and Total Other Income Expense Net is 0.98. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of The Panoply Holdings, assuming nothing else is changed. The correlation between historical values of Panoply Holdings' Income Tax Expense and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of The Panoply Holdings are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Tax Expense i.e., Panoply Holdings' Income Tax Expense and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Total Other Income Expense Net

Most indicators from Panoply Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panoply Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in The Panoply Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Panoply Holdings' Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2010 2015 2016 2023 (projected)
Gross Profit22.5M3.0M3.8M21.2M
Total Revenue91.2M10.0M10.6M84.3M

Panoply Holdings fundamental ratios Correlations

0.870.790.951.00.880.880.85-0.790.980.921.00.920.990.830.99-0.930.560.650.990.780.990.50.93-0.09-0.62
0.870.460.720.880.860.740.93-0.90.860.750.870.750.870.880.91-0.710.430.740.840.790.850.680.87-0.19-0.47
0.790.460.920.750.620.770.44-0.440.740.710.80.710.740.420.73-0.920.450.350.830.470.740.410.690.24-0.32
0.950.720.920.930.830.880.72-0.680.930.880.950.880.930.720.92-0.990.470.580.980.730.930.50.850.03-0.54
1.00.880.750.930.860.860.86-0.770.970.91.00.90.990.850.98-0.90.60.610.980.760.980.470.94-0.1-0.63
0.880.860.620.830.860.730.87-0.830.890.850.860.850.910.90.9-0.830.410.820.890.950.910.640.73-0.41-0.67
0.880.740.770.880.860.730.82-0.810.780.670.890.670.880.70.88-0.860.260.580.90.560.830.360.860.03-0.52
0.850.930.440.720.860.870.82-0.90.80.680.850.680.890.940.88-0.710.360.710.820.770.840.490.84-0.29-0.62
-0.79-0.9-0.44-0.68-0.77-0.83-0.81-0.9-0.75-0.68-0.78-0.68-0.81-0.76-0.860.65-0.14-0.89-0.8-0.72-0.79-0.58-0.720.290.46
0.980.860.740.930.970.890.780.8-0.750.970.970.970.970.830.97-0.910.550.690.970.850.990.560.87-0.14-0.61
0.920.750.710.880.90.850.670.68-0.680.970.91.00.910.740.92-0.850.510.710.920.840.950.480.74-0.24-0.64
1.00.870.80.951.00.860.890.85-0.780.970.90.90.980.820.99-0.930.560.620.990.760.980.510.94-0.05-0.59
0.920.750.710.880.90.850.670.68-0.680.971.00.90.910.740.92-0.850.510.710.920.840.950.480.74-0.24-0.64
0.990.870.740.930.990.910.880.89-0.810.970.910.980.910.880.99-0.910.540.690.980.810.990.460.89-0.21-0.69
0.830.880.420.720.850.90.70.94-0.760.830.740.820.740.880.84-0.720.440.650.80.880.860.470.79-0.36-0.7
0.990.910.730.920.980.90.880.88-0.860.970.920.990.920.990.84-0.90.480.740.990.810.980.550.9-0.16-0.61
-0.93-0.71-0.92-0.99-0.9-0.83-0.86-0.710.65-0.91-0.85-0.93-0.85-0.91-0.72-0.9-0.47-0.55-0.96-0.74-0.91-0.56-0.85-0.070.5
0.560.430.450.470.60.410.260.36-0.140.550.510.560.510.540.440.48-0.47-0.020.480.310.550.120.54-0.06-0.34
0.650.740.350.580.610.820.580.71-0.890.690.710.620.710.690.650.74-0.55-0.020.690.810.710.60.44-0.49-0.47
0.990.840.830.980.980.890.90.82-0.80.970.920.990.920.980.80.99-0.960.480.690.790.980.540.9-0.08-0.59
0.780.790.470.730.760.950.560.77-0.720.850.840.760.840.810.880.81-0.740.310.810.790.840.660.61-0.45-0.65
0.990.850.740.930.980.910.830.84-0.790.990.950.980.950.990.860.98-0.910.550.710.980.840.480.86-0.23-0.69
0.50.680.410.50.470.640.360.49-0.580.560.480.510.480.460.470.55-0.560.120.60.540.660.480.510.10.04
0.930.870.690.850.940.730.860.84-0.720.870.740.940.740.890.790.9-0.850.540.440.90.610.860.510.14-0.46
-0.09-0.190.240.03-0.1-0.410.03-0.290.29-0.14-0.24-0.05-0.24-0.21-0.36-0.16-0.07-0.06-0.49-0.08-0.45-0.230.10.140.68
-0.62-0.47-0.32-0.54-0.63-0.67-0.52-0.620.46-0.61-0.64-0.59-0.64-0.69-0.7-0.610.5-0.34-0.47-0.59-0.65-0.690.04-0.460.68
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Panoply Holdings Account Relationship Matchups

Panoply Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.9M60.4M104.5M125.7M115.1M82.9M
Other Current Liab5.2M12.5M10.2M9.5M4.7M2.9M
Total Current Liabilities7.4M20.1M21.8M21.2M17.4M14.5M
Total Stockholder Equity19.3M27.3M60.7M78.7M66.7M47.8M
Net Debt(5.7M)1.4M7.7M11.4M19.0M8.8M
Retained Earnings(2.2M)(5.2M)(7.6M)(6.0M)(25.4M)(9.1M)
Accounts Payable2.2M2.6M4.0M5.2M4.5M4.9M
Cash5.7M4.6M5.7M7.9M6.8M8.9M
Non Current Assets Total26.1M45.6M83.4M96.3M87.2M58.9M
Cash And Short Term Investments5.7M4.6M5.7M7.9M6.8M8.9M
Net Receivables4.0M9.9M14.8M20.2M20.3M14.0M
Common Stock Shares Outstanding18.2M48.2M63.8M88.0M90.2M90.4M
Liabilities And Stockholders Equity35.9M60.4M104.5M125.7M115.1M82.9M
Non Current Liabilities Total9.2M13.0M22.0M25.8M31.0M20.6M
Other Current Assets4.2M335K470K21.5M828K1.1M
Other Stockholder Equity21.0M31.5M5.7M6.2M79.0M56.0M
Total Liab16.6M33.2M43.8M47.0M48.4M35.1M
Total Current Assets9.8M14.8M21.0M29.4M27.9M24.0M
Accumulated Other Comprehensive Income(1K)439K801K1.0M(57.0K)15K
Net Tangible Assets(17.0M)(22.0M)(16.0M)(16.3M)(14.6M)(15.4M)
Good Will35.7M53.3M66.2M59.5M40.2M43.3M
Net Invested Capital32.3M73.7M96.7M91.0M63.9M59.2M
Net Working Capital(5.3M)(788K)8.2M10.5M9.5M10.0M
Common Stock551K804K874K919K922K706.1K
Other Liab7.6M9.0M6.7M5.8M5.2M6.1M
Capital Stock551K804K874K919K922K823.7K
Property Plant Equipment1.3M737K1.6M1.9M2.2M1.3M

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Other Information on Investing in Panoply Stock

Balance Sheet is a snapshot of the financial position of Panoply Holdings at a specified time, usually calculated after every quarter, six months, or one year. Panoply Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Panoply Holdings 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 Panoply currently owns. An asset can also be divided into two categories, current and non-current.