Patria Current Deferred Revenue vs Accounts Payable Analysis

PAX Stock  USD 12.69  0.14  1.12%   
Patria Investments financial indicator trend analysis is much more than just breaking down Patria Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patria Investments is a good investment. Please check the relationship between Patria Investments Current Deferred Revenue and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patria Investments. 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.
For more information on how to buy Patria Stock please use our How to Invest in Patria Investments guide.

Current Deferred Revenue vs Accounts Payable

Current Deferred Revenue vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patria Investments Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Patria Investments' Current Deferred Revenue and Accounts Payable is 0.17. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Patria Investments, assuming nothing else is changed. The correlation between historical values of Patria Investments' Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Patria Investments are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Patria Investments' Current Deferred Revenue and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents Patria Investments 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 Patria Investments 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.
Most indicators from Patria Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patria Investments 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 Patria Investments. 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.
For more information on how to buy Patria Stock please use our How to Invest in Patria Investments guide.At this time, Patria Investments' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.31 in 2024, despite the fact that Tax Provision is likely to grow to (2.7 M).
 2021 2023 2024 (projected)
Depreciation And Amortization101.3M27.1M25.8M
Interest Income30K27K23.2K

Patria Investments fundamental ratios Correlations

0.970.890.890.990.840.950.990.83-0.24-0.220.210.871.00.590.590.650.99-0.460.840.60.910.650.720.950.9
0.970.910.910.930.850.891.00.84-0.25-0.270.290.90.970.680.620.620.96-0.480.90.570.920.680.70.910.92
0.890.911.00.840.980.770.910.98-0.06-0.510.140.810.890.620.840.410.88-0.780.890.350.850.890.880.931.0
0.890.911.00.850.970.780.910.98-0.06-0.490.170.820.90.640.840.410.88-0.780.90.350.840.890.890.941.0
0.990.930.840.850.770.990.950.78-0.27-0.10.250.860.980.570.530.670.99-0.420.820.630.840.580.690.960.85
0.840.850.980.970.770.690.860.970.08-0.540.030.710.840.470.850.370.81-0.790.790.310.860.920.860.860.98
0.950.890.770.780.990.690.910.73-0.24-0.030.330.80.950.570.50.610.96-0.380.780.570.750.530.680.930.78
0.991.00.910.910.950.860.910.86-0.2-0.270.270.880.990.650.640.610.98-0.490.880.560.920.70.730.930.92
0.830.840.980.980.780.970.730.860.08-0.580.170.710.850.620.930.240.82-0.870.870.180.750.950.950.890.97
-0.24-0.25-0.06-0.06-0.270.08-0.24-0.20.08-0.170.03-0.61-0.19-0.430.33-0.59-0.31-0.33-0.28-0.57-0.20.360.21-0.23-0.07
-0.22-0.27-0.51-0.49-0.1-0.54-0.03-0.27-0.58-0.170.33-0.2-0.28-0.34-0.750.4-0.210.66-0.330.46-0.25-0.67-0.62-0.27-0.47
0.210.290.140.170.250.030.330.270.170.030.330.220.210.580.150.080.24-0.130.480.06-0.010.120.20.230.14
0.870.90.810.820.860.710.80.880.71-0.61-0.20.220.840.760.440.720.9-0.370.890.660.80.470.550.880.82
1.00.970.890.90.980.840.950.990.85-0.19-0.280.210.840.60.640.580.99-0.490.840.530.890.690.750.940.9
0.590.680.620.640.570.470.570.650.62-0.43-0.340.580.760.60.550.190.65-0.460.880.120.380.460.590.650.6
0.590.620.840.840.530.850.50.640.930.33-0.750.150.440.640.55-0.140.58-0.950.71-0.20.490.970.970.690.82
0.650.620.410.410.670.370.610.610.24-0.590.40.080.720.580.19-0.140.640.170.431.00.720.00.00.550.45
0.990.960.880.880.990.810.960.980.82-0.31-0.210.240.90.990.650.580.64-0.460.870.590.870.620.720.960.89
-0.46-0.48-0.78-0.78-0.42-0.79-0.38-0.49-0.87-0.330.66-0.13-0.37-0.49-0.46-0.950.17-0.46-0.650.22-0.37-0.92-0.92-0.64-0.76
0.840.90.890.90.820.790.780.880.87-0.28-0.330.480.890.840.880.710.430.87-0.650.360.70.710.780.890.89
0.60.570.350.350.630.310.570.560.18-0.570.460.060.660.530.12-0.21.00.590.220.360.68-0.06-0.060.50.39
0.910.920.850.840.840.860.750.920.75-0.2-0.25-0.010.80.890.380.490.720.87-0.370.70.680.620.550.80.87
0.650.680.890.890.580.920.530.70.950.36-0.670.120.470.690.460.970.00.62-0.920.71-0.060.620.940.720.87
0.720.70.880.890.690.860.680.730.950.21-0.620.20.550.750.590.970.00.72-0.920.78-0.060.550.940.820.86
0.950.910.930.940.960.860.930.930.89-0.23-0.270.230.880.940.650.690.550.96-0.640.890.50.80.720.820.93
0.90.921.01.00.850.980.780.920.97-0.07-0.470.140.820.90.60.820.450.89-0.760.890.390.870.870.860.93
Click cells to compare fundamentals

Patria Investments Account Relationship Matchups

Patria Investments fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets114.9M107.2M761.3M976.2M1.0B567.3M
Short Long Term Debt Total3.1M1.6M7.9M16.1M15.8M8.2M
Other Current Liab577K39.0M142.3M328.3M383.4M402.6M
Total Current Liabilities19.0M44.0M156.2M338M397.5M417.4M
Total Stockholder Equity81.2M57.3M564.3M552.8M542.5M342.8M
Other Liab5.2M3.3M33.9M102.8M118.2M124.1M
Net Tangible Assets55.7M35.0M205.4M155.1M178.4M108.1M
Property Plant And Equipment Net6.6M4.0M16.5M26.4M28.2M15.6M
Current Deferred Revenue932K1.7M16.4M33.2M59.1M62.0M
Net Debt(1.0M)(12.5M)(7.4M)(10.4M)(214K)(224.7K)
Retained Earnings85.5M62.0M87.9M77.6M50.8M58.2M
Accounts Payable16.3M3.0M7.2M3.3M4.8M4.8M
Cash4.1M14.1M15.3M26.5M16.1M14.4M
Non Current Assets Total58.0M53.5M409.0M496.6M610.0M310.0M
Non Currrent Assets Other16.3M22.9M11.9M13.7M20.7M15.9M
Other Assets22.4M25.4M18.4M65.3M1.0B1.1B
Cash And Short Term Investments37.2M24.0M167.1M312.4M33.2M31.5M
Net Receivables11.5M24.0M110.7M126.6M130.6M75.6M
Short Term Investments33.0M9.9M151.9M285.9M17.2M16.3M
Liabilities And Stockholders Equity114.9M107.2M761.3M976.2M1.0B567.3M
Non Current Liabilities Total7.1M4.1M40.8M124.8M92.7M53.7M
Capital Lease Obligations3.1M1.6M7.9M16.1M15.8M8.2M
Inventory7.8M4.1M6.6M12.1M24.3M25.5M
Other Current Assets466K5.7M77.6M27.9M213.5M224.2M
Total Liab26.1M48.1M197.0M462.8M490.2M514.7M
Net Invested Capital81.2M57.3M564.3M552.8M542.5M342.8M
Long Term Investments3.7M2.0M18.3M43.2M58.6M61.6M
Property Plant And Equipment Gross6.5M3.8M28.1M38.3M46.9M49.2M
Total Current Assets56.8M53.7M352.3M479.6M401.6M257.2M
Accumulated Other Comprehensive Income(5.9M)(6.2M)(8.9M)(10.0M)(9.1M)(9.5M)
Non Current Liabilities Other3.2M1.6M833K2.4M22.8M23.9M
Net Working Capital37.8M9.6M196.1M141.6M4.1M3.9M
Short Term Debt1.2M780K951K2.2M3.0M3.2M
Intangible Assets25.5M22.4M116.0M134.7M175.8M92.8M
Property Plant Equipment6.5M3.8M13.4M24.6M28.3M29.7M

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