Pioneer Retained Earnings vs Current Deferred Revenue Analysis

MAV Stock  USD 8.87  0.05  0.57%   
Pioneer Municipal financial indicator trend analysis is much more than just breaking down Pioneer Municipal High prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Municipal High is a good investment. Please check the relationship between Pioneer Municipal Retained Earnings and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pioneer Municipal High Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Pioneer Municipal's Retained Earnings and Current Deferred Revenue is -0.73. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Pioneer Municipal High, assuming nothing else is changed. The correlation between historical values of Pioneer Municipal's Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Pioneer Municipal High are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Pioneer Municipal's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Pioneer Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Municipal High 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Pioneer Municipal's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 290.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
 2021 2022 2023 2024 (projected)
Operating Income13.3M14.6M16.8M16.9M
Gross Profit17.0M17.6M4.6M4.3M

Pioneer Municipal fundamental ratios Correlations

0.580.610.830.370.50.520.00.970.080.35-0.470.180.520.99-0.89-0.720.380.79-0.390.40.650.78-0.760.69
0.580.710.810.010.850.7-0.340.590.450.18-0.72-0.150.320.53-0.42-0.090.010.36-0.280.280.60.55-0.550.3
0.610.710.730.10.820.99-0.230.60.010.06-0.130.030.580.5-0.39-0.410.260.56-0.20.20.440.43-0.430.26
0.830.810.730.070.830.640.080.840.20.23-0.540.10.360.8-0.71-0.420.170.53-0.30.310.50.74-0.730.57
0.370.010.10.07-0.150.07-0.240.18-0.190.320.070.190.850.37-0.25-0.360.410.56-0.320.320.380.26-0.260.16
0.50.850.820.83-0.150.8-0.030.530.30.14-0.43-0.020.280.42-0.36-0.190.050.25-0.250.260.260.4-0.390.3
0.520.70.990.640.070.8-0.270.510.01-0.01-0.110.030.560.4-0.29-0.310.20.48-0.130.130.390.3-0.30.17
0.0-0.34-0.230.08-0.24-0.03-0.270.05-0.23-0.110.260.69-0.250.040.0-0.05-0.12-0.380.18-0.13-0.67-0.230.24-0.02
0.970.590.60.840.180.530.510.050.140.31-0.520.170.350.97-0.91-0.690.320.73-0.340.360.620.78-0.750.72
0.080.450.010.2-0.190.30.01-0.230.140.35-0.5-0.22-0.190.11-0.13-0.16-0.28-0.08-0.360.350.290.21-0.210.13
0.350.180.060.230.320.14-0.01-0.110.310.35-0.23-0.240.190.32-0.35-0.460.750.36-0.990.990.380.51-0.510.32
-0.47-0.72-0.13-0.540.07-0.43-0.110.26-0.52-0.5-0.230.250.08-0.510.54-0.040.1-0.20.23-0.23-0.55-0.50.49-0.45
0.18-0.150.030.10.19-0.020.030.690.17-0.22-0.240.250.280.2-0.08-0.18-0.19-0.080.27-0.22-0.41-0.310.33-0.01
0.520.320.580.360.850.280.56-0.250.35-0.190.190.080.280.45-0.28-0.410.390.64-0.260.260.40.27-0.270.16
0.990.530.50.80.370.420.40.040.970.110.32-0.510.20.45-0.92-0.710.310.76-0.340.360.640.78-0.760.72
-0.89-0.42-0.39-0.71-0.25-0.36-0.290.0-0.91-0.13-0.350.54-0.08-0.28-0.920.73-0.3-0.780.36-0.37-0.62-0.740.69-0.93
-0.72-0.09-0.41-0.42-0.36-0.19-0.31-0.05-0.69-0.16-0.46-0.04-0.18-0.41-0.710.73-0.44-0.740.48-0.49-0.41-0.540.51-0.65
0.380.010.260.170.410.050.2-0.120.32-0.280.750.1-0.190.390.31-0.3-0.440.53-0.770.770.350.45-0.460.23
0.790.360.560.530.560.250.48-0.380.73-0.080.36-0.2-0.080.640.76-0.78-0.740.53-0.420.410.810.72-0.690.72
-0.39-0.28-0.2-0.3-0.32-0.25-0.130.18-0.34-0.36-0.990.230.27-0.26-0.340.360.48-0.77-0.42-1.0-0.44-0.540.54-0.33
0.40.280.20.310.320.260.13-0.130.360.350.99-0.23-0.220.260.36-0.37-0.490.770.41-1.00.420.54-0.540.34
0.650.60.440.50.380.260.39-0.670.620.290.38-0.55-0.410.40.64-0.62-0.410.350.81-0.440.420.78-0.770.55
0.780.550.430.740.260.40.3-0.230.780.210.51-0.5-0.310.270.78-0.74-0.540.450.72-0.540.540.78-1.00.63
-0.76-0.55-0.43-0.73-0.26-0.39-0.30.24-0.75-0.21-0.510.490.33-0.27-0.760.690.51-0.46-0.690.54-0.54-0.77-1.0-0.58
0.690.30.260.570.160.30.17-0.020.720.130.32-0.45-0.010.160.72-0.93-0.650.230.72-0.330.340.550.63-0.58
Click cells to compare fundamentals

Pioneer Municipal Account Relationship Matchups

Pioneer Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets441.8M471.6M439.4M365.6M271.1M345.2M
Total Stockholder Equity281.4M290.6M257.0M224.5M220.1M264.8M
Net Tangible Assets279.2M281.4M290.6M257.0M231.3M261.8M
Retained Earnings(4.3M)4.9M(28.8M)(59.7M)(64.1M)(60.9M)
Other Assets178.0K85.2K9.5K137.0(33.8K)(32.1K)
Net Receivables5.3M5.2M5.3M5.2M3.4M6.1M
Total Liab160.4M181.0M182.4M1.0M51.0M45.1M
Long Term Investments424.0M466.3M433.2M359.2M266.0M333.2M
Common Stock Shares Outstanding23.9M23.9M23.9M23.9M27.5M25.2M
Other Current Liab146K1.0M1.4M215.4K304.4K418.4K
Total Current Liabilities421.5K1.0M2.4M1.0M1.0M2.0M
Non Current Assets Total424.0M466.3M433.2M359.2M266.0M333.8M
Non Currrent Assets Other(424.0M)(466.3M)(433.2M)(359.2M)100.0105.0
Other Stockholder Equity(281.4M)(290.6M)(257.0M)(224.5M)(50M)(52.5M)
Total Current Assets17.6M5.2M6.2M6.4M5.2M8.1M
Accumulated Other Comprehensive Income(14.3M)279.2M121.4M110.6M77.0M84.5M
Liabilities And Stockholders Equity441.8M471.6M439.4M365.6M271.1M403.5M

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Additional Tools for Pioneer Stock Analysis

When running Pioneer Municipal's price analysis, check to measure Pioneer Municipal'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 Pioneer Municipal is operating at the current time. Most of Pioneer Municipal's value examination focuses on studying past and present price action to predict the probability of Pioneer Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Municipal's price. Additionally, you may evaluate how the addition of Pioneer Municipal to your portfolios can decrease your overall portfolio volatility.