Palamina Selling General Administrative vs Interest Income Analysis

PA Stock  CAD 0.13  0.01  7.14%   
Palamina Corp financial indicator trend analysis is much more than just breaking down Palamina Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palamina Corp is a good investment. Please check the relationship between Palamina Corp Selling General Administrative and its Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palamina Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative vs Interest Income

Selling General Administrative vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palamina Corp Selling General Administrative account and Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Palamina Corp's Selling General Administrative and Interest Income is 0.06. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Income in the same time period over historical financial statements of Palamina Corp, assuming nothing else is changed. The correlation between historical values of Palamina Corp's Selling General Administrative and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Palamina Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling General Administrative i.e., Palamina Corp's Selling General Administrative and Interest Income go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Palamina Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palamina Corp 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 Palamina Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop 107.08 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation4.6K8.2K8.0K7.3K
Interest Income6.3K6.4K1.3K1.2K

Palamina Corp fundamental ratios Correlations

0.43-0.040.540.541.00.920.150.660.04-0.85-0.03-0.03-0.19-0.840.670.560.030.730.730.310.80.510.450.77-0.43
0.430.44-0.120.780.430.480.880.58-0.8-0.290.820.820.09-0.350.720.640.840.10.55-0.20.20.90.90.590.0
-0.040.440.19-0.21-0.040.130.25-0.38-0.31-0.020.290.290.6-0.060.190.530.3-0.23-0.19-0.12-0.240.160.210.08-0.16
0.54-0.120.19-0.230.540.41-0.35-0.170.46-0.51-0.46-0.460.23-0.520.050.21-0.430.40.280.540.35-0.09-0.140.12-0.29
0.540.78-0.21-0.230.540.480.770.92-0.64-0.370.670.67-0.31-0.380.690.360.690.310.75-0.120.420.880.840.640.05
1.00.43-0.040.540.540.920.150.660.04-0.85-0.03-0.03-0.19-0.840.670.560.030.730.730.310.80.510.450.77-0.43
0.920.480.130.410.480.920.180.62-0.02-0.940.030.03-0.09-0.830.80.740.090.620.580.110.680.530.490.91-0.68
0.150.880.25-0.350.770.150.180.5-0.97-0.050.980.980.230.020.620.440.99-0.150.45-0.28-0.040.90.910.460.17
0.660.58-0.38-0.170.920.660.620.5-0.33-0.540.370.37-0.52-0.540.680.30.40.50.75-0.020.590.70.650.7-0.14
0.04-0.8-0.310.46-0.640.04-0.02-0.97-0.33-0.13-1.0-1.0-0.29-0.19-0.49-0.36-0.990.31-0.250.410.2-0.79-0.82-0.31-0.24
-0.85-0.29-0.02-0.51-0.37-0.85-0.94-0.05-0.54-0.130.110.110.030.79-0.76-0.670.04-0.64-0.54-0.16-0.64-0.42-0.39-0.860.78
-0.030.820.29-0.460.67-0.030.030.980.37-1.00.111.00.260.170.50.361.0-0.290.28-0.4-0.180.810.840.330.24
-0.030.820.29-0.460.67-0.030.030.980.37-1.00.111.00.260.170.50.361.0-0.290.28-0.4-0.180.810.840.330.24
-0.190.090.60.23-0.31-0.19-0.090.23-0.52-0.290.030.260.260.350.150.310.27-0.33-0.140.09-0.350.130.170.05-0.14
-0.84-0.35-0.06-0.52-0.38-0.84-0.830.02-0.54-0.190.790.170.170.35-0.54-0.610.12-0.75-0.55-0.24-0.75-0.35-0.3-0.590.43
0.670.720.190.050.690.670.80.620.68-0.49-0.760.50.50.15-0.540.810.560.470.54-0.160.530.840.840.94-0.51
0.560.640.530.210.360.560.740.440.3-0.36-0.670.360.360.31-0.610.810.410.310.32-0.150.360.650.670.77-0.59
0.030.840.3-0.430.690.030.090.990.4-0.990.041.01.00.270.120.560.41-0.240.31-0.4-0.130.840.870.390.18
0.730.1-0.230.40.310.730.62-0.150.50.31-0.64-0.29-0.29-0.33-0.750.470.31-0.240.440.290.980.230.20.43-0.21
0.730.55-0.190.280.750.730.580.450.75-0.25-0.540.280.28-0.14-0.550.540.320.310.440.530.520.670.570.580.01
0.31-0.2-0.120.54-0.120.310.11-0.28-0.020.41-0.16-0.4-0.40.09-0.24-0.16-0.15-0.40.290.530.26-0.16-0.27-0.080.18
0.80.2-0.240.350.420.80.68-0.040.590.2-0.64-0.18-0.18-0.35-0.750.530.36-0.130.980.520.260.340.30.51-0.18
0.510.90.16-0.090.880.510.530.90.7-0.79-0.420.810.810.13-0.350.840.650.840.230.67-0.160.340.990.72-0.07
0.450.90.21-0.140.840.450.490.910.65-0.82-0.390.840.840.17-0.30.840.670.870.20.57-0.270.30.990.7-0.09
0.770.590.080.120.640.770.910.460.7-0.31-0.860.330.330.05-0.590.940.770.390.430.58-0.080.510.720.7-0.68
-0.430.0-0.16-0.290.05-0.43-0.680.17-0.14-0.240.780.240.24-0.140.43-0.51-0.590.18-0.210.010.18-0.18-0.07-0.09-0.68
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Palamina Corp Account Relationship Matchups

Palamina Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities553.2K425.1K522.1K442.6K768.0K411.8K
Total Stockholder Equity43.0K(213.7K)2.1M(136.5K)2.9M3.1M
Net Tangible Assets43.0K(213.7K)2.1M(136.5K)(122.8K)(116.7K)
Accounts Payable553.2K425.1K522.1K351.7317.2K16.3K
Common Stock Shares Outstanding35.3M41.7M56.0M65.3M686.0M720.3M
Total Liab553.2K425.1K522.1K442.6K768.0K411.8K
Common Stock5.7M6.5M9.5M9.5M10.0M5.9M
Total Assets596.2K211.5K2.7M306.1K3.7M3.9M
Net Debt(34.7K)(61.7K)(2.2M)(81.3K)(3.0M)(2.9M)
Retained Earnings(7.8M)(9.4M)(12.4M)(12.7M)(8.1M)(8.5M)
Cash34.7K61.7K2.2M81.3K3.0M3.2M
Cash And Short Term Investments34.7K61.7K2.2M81.3K3.0M3.2M
Net Receivables27.9K8.1K60.8K9.6K9.7K9.2K
Liabilities And Stockholders Equity596.2K211.5K2.7M306.1K3.7M3.9M
Other Current Assets20.1K1.5K238.4K165.8K201.0K211.0K
Other Stockholder Equity2.2M2.7M5.1M3.1M3.6M3.1M
Total Current Assets82.7K71.3K2.5M256.7K3.3M3.4M
Accumulated Other Comprehensive Income(24.3K)(11.3K)(15.7K)(23.2K)1.1M1.1M
Property Plant And Equipment Net33.5K8.0K26.5K38.3K29.8K32.4K
Non Current Assets Total513.5K140.2K131.5K49.4K460.2K483.2K
Non Currrent Assets Other46.1K49.0K513.5K0.0(1.0)(0.95)
Property Plant Equipment33.5K8.0K26.5K38.3K44.0K32.3K
Net Invested Capital43.0K(213.7K)2.1M(136.5K)2.9M3.1M
Net Working Capital(470.5K)(353.8K)2.0M(185.9K)2.5M2.6M
Capital Stock5.7M6.5M9.5M9.5M10.0M8.3M

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