Paymentus Other Liab vs Cash Analysis
PAY Stock | USD 37.81 0.12 0.32% |
Paymentus Holdings financial indicator trend analysis is much more than just breaking down Paymentus Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paymentus Holdings is a good investment. Please check the relationship between Paymentus Holdings Other Liab and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. 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 Paymentus Stock please use our How to Invest in Paymentus Holdings guide.
Other Liab vs Cash
Other Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Other Liab account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Paymentus Holdings' Other Liab and Cash is 0.52. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Paymentus Holdings, assuming nothing else is changed. The correlation between historical values of Paymentus Holdings' Other Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Paymentus Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., Paymentus Holdings' Other Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Cash
Cash refers to the most liquid asset of Paymentus Holdings, which is listed under current asset account on Paymentus Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Paymentus Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Paymentus Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Paymentus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paymentus Holdings 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 Paymentus Holdings. 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 Paymentus Stock please use our How to Invest in Paymentus Holdings guide.Enterprise Value is likely to rise to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 34.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 121.4M | 149.7M | 182.3M | 173.2M | Total Revenue | 395.5M | 497.0M | 614.5M | 1.0B |
Paymentus Holdings fundamental ratios Correlations
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Paymentus Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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