PAVmed Accounts Payable vs Other Current Liab Analysis

PAVMZ Stock  USD 0.01  0.01  40.94%   
PAVmed Series financial indicator trend analysis is much more than just breaking down PAVmed Series Z prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PAVmed Series Z is a good investment. Please check the relationship between PAVmed Series Accounts Payable and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PAVmed Series Z. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PAVmed Series Z Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PAVmed Series' Accounts Payable and Other Current Liab is -0.03. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of PAVmed Series Z, assuming nothing else is changed. The correlation between historical values of PAVmed Series' Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of PAVmed Series Z are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., PAVmed Series' Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents PAVmed Series obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of PAVmed Series Z are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

Most indicators from PAVmed Series' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PAVmed Series Z 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 PAVmed Series Z. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, PAVmed Series' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 29.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 11.99 in 2024.

PAVmed Series fundamental ratios Correlations

0.280.460.3-0.58-0.660.990.99-0.590.75-0.10.790.451.00.790.780.660.62-0.55-0.540.780.550.520.70.75-0.66
0.280.36-0.270.07-0.440.240.24-0.010.160.030.430.370.25-0.16-0.030.530.17-0.120.10.190.560.560.150.46-0.11
0.460.36-0.690.44-0.970.370.37-0.540.86-0.030.91.00.40.210.570.910.74-0.61-0.47-0.080.950.960.810.91-0.73
0.3-0.27-0.69-0.940.510.410.410.12-0.280.0-0.32-0.70.380.470.1-0.47-0.280.160.020.7-0.61-0.64-0.26-0.380.18
-0.580.070.44-0.94-0.22-0.67-0.670.080.00.040.010.45-0.65-0.6-0.310.180.070.040.13-0.890.330.360.010.060.04
-0.66-0.44-0.970.51-0.22-0.58-0.580.63-0.920.06-0.98-0.97-0.6-0.35-0.66-0.96-0.770.640.55-0.16-0.96-0.96-0.86-0.980.76
0.990.240.370.41-0.67-0.581.0-0.550.7-0.090.730.361.00.80.770.580.55-0.52-0.520.850.450.420.650.69-0.63
0.990.240.370.41-0.67-0.581.0-0.550.7-0.090.730.361.00.80.770.580.55-0.52-0.520.850.450.420.650.69-0.63
-0.59-0.01-0.540.120.080.63-0.55-0.55-0.590.53-0.67-0.54-0.56-0.34-0.33-0.67-0.420.130.49-0.3-0.63-0.62-0.52-0.670.24
0.750.160.86-0.280.0-0.920.70.7-0.590.060.940.860.720.570.880.810.77-0.78-0.690.320.790.780.960.92-0.91
-0.10.03-0.030.00.040.06-0.09-0.090.530.06-0.07-0.03-0.090.110.25-0.130.11-0.23-0.45-0.07-0.15-0.140.29-0.1-0.28
0.790.430.9-0.320.01-0.980.730.73-0.670.94-0.070.90.750.480.740.940.76-0.66-0.590.350.920.910.890.99-0.79
0.450.371.0-0.70.45-0.970.360.36-0.540.86-0.030.90.390.20.560.910.73-0.61-0.47-0.090.950.960.80.91-0.72
1.00.250.40.38-0.65-0.61.01.0-0.560.72-0.090.750.390.790.780.60.57-0.53-0.530.830.480.450.670.71-0.64
0.79-0.160.210.47-0.6-0.350.80.8-0.340.570.110.480.20.790.80.370.53-0.52-0.570.540.210.170.570.39-0.61
0.78-0.030.570.1-0.31-0.660.770.77-0.330.880.250.740.560.780.80.540.64-0.86-0.680.470.460.440.860.68-0.92
0.660.530.91-0.470.18-0.960.580.58-0.670.81-0.130.940.910.60.370.540.74-0.49-0.490.140.980.970.770.94-0.63
0.620.170.74-0.280.07-0.770.550.55-0.420.770.110.760.730.570.530.640.74-0.42-0.50.140.70.680.770.75-0.81
-0.55-0.12-0.610.160.040.64-0.52-0.520.13-0.78-0.23-0.66-0.61-0.53-0.52-0.86-0.49-0.420.46-0.23-0.48-0.47-0.71-0.620.81
-0.540.1-0.470.020.130.55-0.52-0.520.49-0.69-0.45-0.59-0.47-0.53-0.57-0.68-0.49-0.50.46-0.29-0.41-0.4-0.84-0.540.56
0.780.19-0.080.7-0.89-0.160.850.85-0.30.32-0.070.35-0.090.830.540.470.140.14-0.23-0.290.030.010.290.33-0.28
0.550.560.95-0.610.33-0.960.450.45-0.630.79-0.150.920.950.480.210.460.980.7-0.48-0.410.031.00.730.93-0.6
0.520.560.96-0.640.36-0.960.420.42-0.620.78-0.140.910.960.450.170.440.970.68-0.47-0.40.011.00.720.93-0.59
0.70.150.81-0.260.01-0.860.650.65-0.520.960.290.890.80.670.570.860.770.77-0.71-0.840.290.730.720.86-0.88
0.750.460.91-0.380.06-0.980.690.69-0.670.92-0.10.990.910.710.390.680.940.75-0.62-0.540.330.930.930.86-0.76
-0.66-0.11-0.730.180.040.76-0.63-0.630.24-0.91-0.28-0.79-0.72-0.64-0.61-0.92-0.63-0.810.810.56-0.28-0.6-0.59-0.88-0.76
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PAVmed Series Account Relationship Matchups

PAVmed Series fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2M19.8M87.0M54.0M33.1M23.6M
Other Current Liab1.4M(15.0M)4.3M3.7M6.6M7.0M
Total Current Liabilities11.9M20.0M7.6M41.2M54.2M56.9M
Total Stockholder Equity(3.8M)1.9M61.7M(9.7M)(53.8M)(51.1M)
Net Debt1.9M(2.3M)(77.3M)(3.1M)29.1M30.5M
Retained Earnings(53.7M)(88.3M)(138.9M)(228.2M)(294.4M)(279.7M)
Cash6.2M17.3M77.3M39.7M19.6M18.9M
Cash And Short Term Investments6.2M17.3M77.3M39.7M19.6M18.9M
Liabilities And Stockholders Equity7.2M19.8M87.0M54.0M33.1M23.6M
Capital Surpluse14.0M32.6M47.6M87.6M100.7M105.7M
Other Current Assets328.3B1.7M5.2M3.9M3.8M3.6M
Other Stockholder Equity47.6M87.6M198.1M215.9M237.6M249.5M
Total Liab11.9M20.3M7.6M43.0M57.1M60.0M
Total Current Assets6.5M18.9M82.6M43.9M24.5M20.8M
Common Stock40.5K64K86K95K9K8.6K
Accounts Payable2.4M3.0M3.3M2.7M1.8M2.1M
Non Current Assets Total692.9K837K4.3M10.1M8.6M9.1M
Common Stock Shares Outstanding2.0M3.2M5.2M5.9M7.2M7.6M
Non Current Liabilities Total10.5M300K4.3B1.8M3.0M2.8M
Short Long Term Debt Total7.9M8.1M15.0M36.6M48.7M51.2M
Net Invested Capital2.0M14.3M59.2M21.3M(12.6M)(12.0M)
Net Working Capital(5.3M)(1.0M)75.1M2.7M(29.7M)(28.2M)
Capital Stock2.3M2.6M2.5M2.8M3.0M2.8M

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