| PAAS Stock | | | USD 23.94 0.82 3.55% |
Pan American financial indicator trend analysis is much more than just breaking down Pan American Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pan American Silver is a good investment. Please check the relationship between Pan American Total Current Liabilities and its Short Term Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. 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.
Total Current Liabilities vs Short Term Investments
Total Current Liabilities vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pan American Silver Total Current Liabilities account and
Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pan American's Total Current Liabilities and Short Term Investments is -0.27. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Pan American Silver, assuming nothing else is changed. The correlation between historical values of Pan American's Total Current Liabilities 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 Liabilities of Pan American Silver are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Pan American's Total Current Liabilities and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Pan American balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pan American Silver are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Short Term Investments
Short Term Investments is an item under the current assets section of Pan American balance sheet. It contains any investments Pan American Silver undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Pan American Silver can easily liquidate in the marketplace.
Most indicators from Pan American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pan American Silver 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 Pan American Silver. 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, Pan American's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 64.6
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 133
K in 2024.
Pan American fundamental ratios Correlations
Click cells to compare fundamentals
Pan American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pan American fundamental ratios Accounts
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Additional Tools for Pan Stock Analysis
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measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to
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