Panther Total Stockholder Equity vs Net Tangible Assets Analysis

PALM Stock   115.00  7.50  6.12%   
Panther Metals financial indicator trend analysis is much more than just breaking down Panther Metals PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panther Metals PLC is a good investment. Please check the relationship between Panther Metals Total Stockholder Equity and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Panther Metals PLC. 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.

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panther Metals PLC Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Panther Metals' Total Stockholder Equity and Net Tangible Assets is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Panther Metals PLC, assuming nothing else is changed. The correlation between historical values of Panther Metals' Total Stockholder Equity and Net Tangible Assets 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 Stockholder Equity of Panther Metals PLC are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Panther Metals' Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Panther Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panther Metals PLC 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 Panther Metals PLC. 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 is likely to drop to about 315.2 K in 2024. Discontinued Operations is likely to drop to about (37.2 K) in 2024

Panther Metals fundamental ratios Correlations

-0.250.731.0-0.930.990.790.880.80.990.970.78-0.480.82-0.480.59-0.140.980.650.75-0.711.00.760.940.98-0.73
-0.250.05-0.270.06-0.17-0.17-0.05-0.21-0.19-0.210.31-0.65-0.21-0.650.20.55-0.290.04-0.16-0.13-0.26-0.25-0.29-0.270.13
0.730.050.68-0.670.750.830.960.80.720.630.8-0.450.4-0.450.73-0.080.650.270.82-0.580.710.710.610.72-0.79
1.0-0.270.68-0.930.980.760.840.770.990.980.75-0.460.84-0.460.55-0.140.990.670.72-0.70.990.750.950.98-0.7
-0.930.06-0.67-0.93-0.97-0.6-0.81-0.6-0.96-0.94-0.750.63-0.90.63-0.72-0.15-0.89-0.75-0.550.88-0.92-0.55-0.93-0.880.53
0.99-0.170.750.98-0.970.770.880.771.00.960.8-0.540.83-0.540.64-0.020.960.680.73-0.790.990.740.940.96-0.71
0.79-0.170.830.76-0.60.770.850.990.770.680.81-0.290.32-0.290.41-0.330.790.231.0-0.380.80.980.650.83-0.95
0.88-0.050.960.84-0.810.880.850.830.870.80.84-0.50.6-0.50.69-0.110.820.450.83-0.660.870.750.770.86-0.8
0.8-0.210.80.77-0.60.770.990.830.770.670.79-0.270.32-0.270.39-0.320.780.210.99-0.370.80.980.650.82-0.94
0.99-0.190.720.99-0.961.00.770.870.770.970.79-0.530.84-0.530.62-0.050.970.680.72-0.760.990.740.940.97-0.7
0.97-0.210.630.98-0.940.960.680.80.670.970.72-0.520.89-0.520.61-0.10.970.770.63-0.720.970.650.950.97-0.61
0.780.310.80.75-0.750.80.810.840.790.790.72-0.80.48-0.80.60.070.740.480.79-0.630.770.740.660.77-0.76
-0.48-0.65-0.45-0.460.63-0.54-0.29-0.5-0.27-0.53-0.52-0.8-0.51.0-0.58-0.44-0.43-0.59-0.260.67-0.45-0.2-0.44-0.430.25
0.82-0.210.40.84-0.90.830.320.60.320.840.890.48-0.5-0.50.570.090.810.80.26-0.770.810.290.910.77-0.22
-0.48-0.65-0.45-0.460.63-0.54-0.29-0.5-0.27-0.53-0.52-0.81.0-0.5-0.58-0.44-0.43-0.59-0.260.67-0.45-0.2-0.44-0.430.25
0.590.20.730.55-0.720.640.410.690.390.620.610.6-0.580.57-0.580.090.490.580.38-0.720.560.280.60.56-0.33
-0.140.55-0.08-0.14-0.15-0.02-0.33-0.11-0.32-0.05-0.10.07-0.440.09-0.440.09-0.20.12-0.35-0.46-0.15-0.36-0.09-0.270.32
0.98-0.290.650.99-0.890.960.790.820.780.970.970.74-0.430.81-0.430.49-0.20.670.75-0.640.990.780.930.99-0.72
0.650.040.270.67-0.750.680.230.450.210.680.770.48-0.590.8-0.590.580.120.670.17-0.760.650.190.650.64-0.22
0.75-0.160.820.72-0.550.731.00.830.990.720.630.79-0.260.26-0.260.38-0.350.750.17-0.320.770.980.60.79-0.95
-0.71-0.13-0.58-0.70.88-0.79-0.38-0.66-0.37-0.76-0.72-0.630.67-0.770.67-0.72-0.46-0.64-0.76-0.32-0.7-0.3-0.71-0.610.32
1.0-0.260.710.99-0.920.990.80.870.80.990.970.77-0.450.81-0.450.56-0.150.990.650.77-0.70.790.940.99-0.74
0.76-0.250.710.75-0.550.740.980.750.980.740.650.74-0.20.29-0.20.28-0.360.780.190.98-0.30.790.630.81-0.93
0.94-0.290.610.95-0.930.940.650.770.650.940.950.66-0.440.91-0.440.6-0.090.930.650.6-0.710.940.630.92-0.5
0.98-0.270.720.98-0.880.960.830.860.820.970.970.77-0.430.77-0.430.56-0.270.990.640.79-0.610.990.810.92-0.76
-0.730.13-0.79-0.70.53-0.71-0.95-0.8-0.94-0.7-0.61-0.760.25-0.220.25-0.330.32-0.72-0.22-0.950.32-0.74-0.93-0.5-0.76
Click cells to compare fundamentals

Panther Metals Account Relationship Matchups

Panther Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets885.0K1.6M2.7M3.5M4.3M4.5M
Total Current Liabilities470.8K107.4K60.6K146.8K540.9K567.9K
Total Stockholder Equity414.2K1.5M2.4M3.2M3.6M3.7M
Retained Earnings(1.9M)(2.6M)(2.7M)(3.6M)(3.4M)(3.2M)
Common Stock Shares Outstanding1.2M2.0M2.5M3.1M3.7M3.9M
Liabilities And Stockholders Equity885.0K1.6M2.7M3.5M4.3M4.5M
Other Current Assets8.0K93.9K72.8K150.3K2.3M2.4M
Total Liab470.8K107.4K262.6K336.4K704.5K739.7K
Total Current Assets14.4K335.1K173.3K199.2K2.4M2.5M
Common Stock2.0M3.7M4.8M6.3M7.3M7.6M
Property Plant And Equipment Net317.0K736.6K1.3M2.3M1.9M2.0M
Net Debt(6.3K)(241.2K)(100.6K)(48.9K)340.4K357.4K
Cash6.3K241.2K100.6K48.9K66.1K93.8K
Non Current Assets Total870.6K1.3M2.5M3.3M1.9M1.1M
Cash And Short Term Investments6.3K241.2K100.6K48.9K66.1K93.8K
Accumulated Other Comprehensive Income342.8K397.3K310.3K514.2K591.1K330.4K
Accounts Payable89.2K51.5K2.1K86.6K74.3K52.8K
Net Tangible Assets(139.4K)964.3K2.4M3.2M3.7M3.9M
Non Current Liabilities Total89.2K51.5K202.0K189.6K163.6K109.4K
Net Invested Capital414.2K1.5M2.4M3.2M4.0M4.2M
Net Working Capital(456.4K)227.7K112.8K52.3K1.8M1.9M
Capital Stock2.0M3.7M4.8M6.3M7.3M4.4M
Property Plant Equipment317.0K736.6K1.3M2.3M2.6M2.8M

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