Panoply Reconciled Depreciation vs Tax Provision Analysis

TPX Stock   24.50  2.50  9.26%   
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 Reconciled Depreciation and its Tax Provision 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.

Reconciled Depreciation vs Tax Provision

Reconciled Depreciation vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panoply Holdings Reconciled Depreciation account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Panoply Holdings' Reconciled Depreciation and Tax Provision is 0.66. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Tax Provision 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' Reconciled Depreciation and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of The Panoply Holdings are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Reconciled Depreciation i.e., Panoply Holdings' Reconciled Depreciation and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.
 2015 2016 2023 2025 (projected)
Gross Profit3.0M3.8M21.2M3.6M
Total Revenue10.0M10.6M84.3M10.1M

Panoply Holdings fundamental ratios Correlations

0.870.790.951.00.880.880.85-0.790.980.921.00.920.990.790.99-0.930.560.650.990.780.990.520.93-0.03-0.52
0.870.470.720.880.860.740.93-0.90.860.750.870.750.870.790.91-0.720.440.740.840.790.850.710.88-0.08-0.34
0.790.470.920.760.620.770.45-0.460.750.720.80.720.750.390.74-0.920.460.370.840.480.750.430.70.27-0.26
0.950.720.920.930.830.880.72-0.690.930.880.950.880.930.680.93-0.990.480.590.980.730.930.520.850.08-0.46
1.00.880.760.930.860.860.86-0.780.970.911.00.910.990.80.98-0.910.60.620.980.770.980.490.94-0.04-0.54
0.880.860.620.830.860.740.87-0.830.890.850.860.850.910.860.9-0.840.420.830.890.950.910.630.73-0.34-0.59
0.880.740.770.880.860.740.83-0.810.780.680.890.680.880.670.88-0.860.270.580.90.560.830.380.860.07-0.45
0.850.930.450.720.860.870.83-0.90.810.680.850.680.890.90.88-0.720.370.710.830.780.850.50.85-0.22-0.53
-0.79-0.9-0.46-0.69-0.78-0.83-0.81-0.9-0.76-0.68-0.79-0.68-0.82-0.7-0.870.66-0.15-0.89-0.81-0.73-0.79-0.61-0.730.190.36
0.980.860.750.930.970.890.780.81-0.760.970.970.970.970.780.97-0.910.550.70.970.850.990.580.87-0.07-0.5
0.920.750.720.880.910.850.680.68-0.680.970.91.00.910.710.92-0.850.510.710.920.840.950.480.74-0.19-0.56
1.00.870.80.951.00.860.890.85-0.790.970.90.90.980.770.99-0.940.560.630.990.760.980.530.940.01-0.5
0.920.750.720.880.910.850.680.68-0.680.971.00.90.910.710.92-0.850.510.710.920.840.950.480.74-0.19-0.56
0.990.870.750.930.990.910.880.89-0.820.970.910.980.910.840.99-0.910.540.690.980.820.990.470.89-0.15-0.6
0.790.790.390.680.80.860.670.9-0.70.780.710.770.710.840.79-0.680.420.620.760.840.820.370.72-0.38-0.7
0.990.910.740.930.980.90.880.88-0.870.970.920.990.920.990.79-0.90.490.750.990.810.980.570.91-0.09-0.51
-0.93-0.72-0.92-0.99-0.91-0.84-0.86-0.720.66-0.91-0.85-0.94-0.85-0.91-0.68-0.9-0.47-0.56-0.96-0.74-0.91-0.58-0.85-0.120.41
0.560.440.460.480.60.420.270.37-0.150.550.510.560.510.540.420.49-0.470.00.490.310.550.150.55-0.03-0.29
0.650.740.370.590.620.830.580.71-0.890.70.710.630.710.690.620.75-0.560.00.690.820.710.60.46-0.41-0.4
0.990.840.840.980.980.890.90.83-0.810.970.920.990.920.980.760.99-0.960.490.690.790.980.550.9-0.02-0.5
0.780.790.480.730.770.950.560.78-0.730.850.840.760.840.820.840.81-0.740.310.820.790.840.650.62-0.38-0.57
0.990.850.750.930.980.910.830.85-0.790.990.950.980.950.990.820.98-0.910.550.710.980.840.490.86-0.17-0.6
0.520.710.430.520.490.630.380.5-0.610.580.480.530.480.470.370.57-0.580.150.60.550.650.490.550.220.17
0.930.880.70.850.940.730.860.85-0.730.870.740.940.740.890.720.91-0.850.550.460.90.620.860.550.21-0.34
-0.03-0.080.270.08-0.04-0.340.07-0.220.19-0.07-0.190.01-0.19-0.15-0.38-0.09-0.12-0.03-0.41-0.02-0.38-0.170.220.210.71
-0.52-0.34-0.26-0.46-0.54-0.59-0.45-0.530.36-0.5-0.56-0.5-0.56-0.6-0.7-0.510.41-0.29-0.4-0.5-0.57-0.60.17-0.340.71
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Panoply Holdings Account Relationship Matchups

Panoply Holdings fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets60.4M104.5M125.7M115.1M82.9M4.0M
Other Current Liab12.5M10.2M9.5M4.7M2.9M741K
Total Current Liabilities20.1M21.8M21.2M17.4M14.5M1.8M
Total Stockholder Equity27.3M60.7M78.7M66.7M47.8M2.1M
Property Plant And Equipment Net1.3M737K1.6M1.9M1.8M327.8K
Current Deferred Revenue4.5M7.3M4.5M7.7M1.8M843.6K
Net Debt1.4M7.7M11.4M19.0M8.8M(1.5M)
Retained Earnings(5.2M)(7.6M)(6.0M)(25.4M)(9.1M)2.3M
Accounts Payable2.6M4.0M5.2M4.5M4.9M153.0K
Cash4.6M5.7M7.9M6.8M8.9M1.5M
Non Current Assets Total45.6M83.4M96.3M87.2M58.9M345.8K
Cash And Short Term Investments4.6M5.7M7.9M6.8M8.9M1.5M
Net Receivables9.9M14.8M20.2M20.3M14.0M2.1M
Common Stock Shares Outstanding48.2M63.8M88.0M90.2M90.4M63.6M
Liabilities And Stockholders Equity60.4M104.5M125.7M115.1M82.9M4.0M
Non Current Liabilities Total13.0M22.0M25.8M31.0M20.6M42.8K
Other Current Assets335K470K21.5M828K1.1M89.3K
Other Stockholder Equity31.5M5.7M6.2M79.0M56.0M150.1K
Total Liab33.2M43.8M47.0M48.4M35.1M1.9M
Property Plant And Equipment Gross1.3M737K1.6M1.9M2.9M327.8K
Total Current Assets14.8M21.0M29.4M27.9M24.0M3.7M
Accumulated Other Comprehensive Income439K801K1.0M(57.0K)15K(109.3K)
Short Term Debt638K391K436K564K714K3.8K
Intangible Assets8.6M29.4M28.5M23.5M14.2M18.1K
Net Tangible Assets(17.0M)(22.0M)(16.0M)(16.3M)(14.6M)(15.4M)
Good Will53.3M66.2M59.5M40.2M46.2M43.3M
Net Invested Capital73.7M96.7M91.0M63.9M73.5M59.2M
Net Working Capital(788K)8.2M10.5M9.5M11.0M11.5M
Common Stock804K874K919K922K1.1M706.1K
Other Liab7.6M9.0M6.7M5.8M5.2M6.1M
Capital Stock804K874K919K922K1.1M823.7K
Property Plant Equipment1.3M737K1.6M1.9M2.2M1.3M
Long Term Debt13M18M24.3M16.1M18.5M16.8M

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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.