PBEE Stock | | | 149.00 3.50 2.30% |
Pensionbee Group financial indicator trend analysis is much more than just breaking down Pensionbee Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pensionbee Group PLC is a good investment. Please check the relationship between Pensionbee Group Cash And Short Term Investments and its Net Invested Capital accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pensionbee Group 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.
Cash And Short Term Investments vs Net Invested Capital
Cash And Short Term Investments vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pensionbee Group PLC Cash And Short Term Investments account and
Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Pensionbee Group's Cash And Short Term Investments and Net Invested Capital is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Pensionbee Group PLC, assuming nothing else is changed. The correlation between historical values of Pensionbee Group's Cash And Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Pensionbee Group PLC are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Short Term Investments i.e., Pensionbee Group's Cash And Short Term Investments and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pensionbee Group PLC balance sheet. This account contains Pensionbee Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pensionbee Group PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Pensionbee Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pensionbee Group 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 Pensionbee Group 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.
Tax Provision is likely to drop to about (157.5
K) in 2024.
Selling General Administrative is likely to drop to about 3.1
M in 2024
Pensionbee Group fundamental ratios Correlations
Click cells to compare fundamentals
Pensionbee Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pensionbee Group fundamental ratios Accounts
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