Pacific Accounts Payable vs Property Plant And Equipment Net Analysis
PBM Stock | CAD 0.09 0.00 0.00% |
Pacific Bay financial indicator trend analysis is much more than just breaking down Pacific Bay Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Bay Minerals is a good investment. Please check the relationship between Pacific Bay Accounts Payable and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Bay Minerals. 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.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Bay Minerals Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pacific Bay's Accounts Payable and Property Plant And Equipment Net is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Pacific Bay Minerals, assuming nothing else is changed. The correlation between historical values of Pacific Bay's Accounts Payable and Property Plant And Equipment Net 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 Pacific Bay Minerals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Pacific Bay's Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Pacific Bay 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 Pacific Bay Minerals 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Pacific Bay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Bay Minerals 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 Pacific Bay Minerals. 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 climb to about 155.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 26.6 K in 2024.
Pacific Bay fundamental ratios Correlations
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Pacific Bay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Bay fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 695.3K | 1.0M | 904.4K | 1.1M | 318.9K | 636.8K | |
Total Current Liabilities | 759.5K | 979.7K | 1.1M | 800.3K | 702.2K | 944.4K | |
Total Stockholder Equity | (64.3K) | 20.9K | (205.2K) | 313.3K | (383.3K) | (364.1K) | |
Net Tangible Assets | (471.4K) | (64.3K) | 20.9K | (205.2K) | (184.7K) | (175.5K) | |
Retained Earnings | (16.7M) | (17.1M) | (17.3M) | (17.4M) | (18.4M) | (19.3M) | |
Accounts Payable | 131.5K | 115.9K | 148.0K | 190.5K | 221.0K | 151.0K | |
Cash | 252.0 | 339.6K | 124.4K | 39.3K | 6.1K | 5.8K | |
Net Receivables | 11.7K | 6.4K | 1.3K | 5.0K | 4.5K | 4.3K | |
Total Liab | 759.5K | 1.0M | 1.1M | 800.3K | 702.2K | 950.8K | |
Short Long Term Debt | 105.8K | 115.0K | 107.7K | 144.9K | 69.9K | 66.4K | |
Total Current Assets | 6.9K | 341.0K | 129.6K | 63.6K | 24.2K | 23.0K | |
Common Stock | 13.1M | 13.7M | 13.9M | 13.9M | 16.0M | 14.4M | |
Property Plant Equipment | 658.5K | 671.4K | 673.0K | 722.0K | 649.8K | 583.3K | |
Other Current Liab | 48.5K | 3.4K | 94.3K | 66.4K | 76.3K | 80.1K | |
Non Current Assets Total | 688.4K | 690.0K | 774.8K | 1.0M | 294.7K | 279.9K | |
Non Currrent Assets Other | 390.9K | 701.2K | 17K | 52.8K | 47.5K | 45.1K | |
Net Debt | 265.6K | 105.5K | 18.1K | 105.6K | 63.8K | 113.0K | |
Common Stock Shares Outstanding | 14.4M | 16.6M | 16.9M | 25.4M | 31.0M | 18.8M | |
Net Invested Capital | 41.5K | 166.3K | (62.7K) | 458.2K | (313.5K) | (297.8K) | |
Net Working Capital | (752.6K) | (638.8K) | (945.2K) | (736.6K) | (678.0K) | (711.9K) | |
Capital Stock | 13.7M | 13.9M | 13.9M | 14.4M | 14.7M | 15.3M |
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