PowerBand Selling General Administrative vs Property Plant Equipment Analysis

PBX Stock  CAD 0.12  0.01  9.09%   
PowerBand Solutions financial indicator trend analysis is much more than just breaking down PowerBand Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PowerBand Solutions is a good investment. Please check the relationship between PowerBand Solutions Selling General Administrative and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PowerBand Solutions. 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 vs Property Plant Equipment

Selling General Administrative vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerBand Solutions Selling General Administrative account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between PowerBand Solutions' Selling General Administrative and Property Plant Equipment is -0.85. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of PowerBand Solutions, assuming nothing else is changed. The correlation between historical values of PowerBand Solutions' Selling General Administrative and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of PowerBand Solutions are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., PowerBand Solutions' Selling General Administrative and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling General Administrative

Property Plant Equipment

Most indicators from PowerBand Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerBand Solutions 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 PowerBand Solutions. 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.
At this time, PowerBand Solutions' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 5.45 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.6M1.2M913.0K1.1M
Total Operating Expenses35.6M28.2M24.6M18.7M

PowerBand Solutions fundamental ratios Correlations

-0.26-0.890.620.490.430.610.57-0.710.670.390.580.060.750.570.660.83-0.530.76-0.880.890.75-0.03-0.930.17-0.9
-0.260.0-0.07-0.2-0.070.04-0.160.07-0.33-0.07-0.26-0.34-0.06-0.280.0-0.190.09-0.030.11-0.07-0.04-0.490.14-0.380.08
-0.890.0-0.79-0.51-0.67-0.74-0.670.47-0.69-0.67-0.530.1-0.92-0.54-0.78-0.830.27-0.850.68-0.97-0.930.180.84-0.030.98
0.62-0.07-0.790.870.920.920.960.030.860.840.830.380.930.840.90.860.250.85-0.310.860.840.06-0.670.42-0.77
0.49-0.2-0.510.870.750.840.950.090.80.590.990.740.690.960.780.780.280.64-0.270.670.510.37-0.630.73-0.49
0.43-0.07-0.670.920.750.720.910.30.640.970.680.230.820.670.750.640.510.7-0.010.760.79-0.03-0.530.37-0.66
0.610.04-0.740.920.840.720.86-0.130.860.610.840.450.90.810.960.920.070.81-0.460.80.750.19-0.650.44-0.72
0.57-0.16-0.670.960.950.910.860.110.80.80.920.530.830.90.860.810.330.74-0.250.810.710.22-0.690.61-0.66
-0.710.070.470.030.090.3-0.130.11-0.220.32-0.040.19-0.2-0.06-0.12-0.380.97-0.290.93-0.37-0.210.080.540.220.46
0.67-0.33-0.690.860.80.640.860.8-0.220.540.810.560.830.890.770.91-0.030.85-0.490.730.70.16-0.60.39-0.67
0.39-0.07-0.670.840.590.970.610.80.320.540.510.020.790.510.670.530.490.640.050.720.81-0.11-0.440.2-0.67
0.58-0.26-0.530.830.990.680.840.92-0.040.810.510.750.680.960.790.830.150.64-0.390.690.50.42-0.70.76-0.52
0.06-0.340.10.380.740.230.450.530.190.560.020.750.140.760.320.420.270.23-0.040.07-0.080.52-0.180.790.11
0.75-0.06-0.920.930.690.820.90.83-0.20.830.790.680.140.680.930.910.010.9-0.490.930.96-0.04-0.730.23-0.92
0.57-0.28-0.540.840.960.670.810.9-0.060.890.510.960.760.680.710.830.140.72-0.380.670.510.27-0.640.63-0.5
0.660.0-0.780.90.780.750.960.86-0.120.770.670.790.320.930.710.90.070.78-0.460.850.810.2-0.720.48-0.8
0.83-0.19-0.830.860.780.640.920.81-0.380.910.530.830.420.910.830.9-0.170.9-0.670.880.810.12-0.830.45-0.84
-0.530.090.270.250.280.510.070.330.97-0.030.490.150.270.010.140.07-0.17-0.050.82-0.150.00.010.330.320.27
0.76-0.03-0.850.850.640.70.810.74-0.290.850.640.640.230.90.720.780.9-0.05-0.530.860.89-0.3-0.740.18-0.84
-0.880.110.68-0.31-0.27-0.01-0.46-0.250.93-0.490.05-0.39-0.04-0.49-0.38-0.46-0.670.82-0.53-0.64-0.44-0.040.78-0.050.67
0.89-0.07-0.970.860.670.760.80.81-0.370.730.720.690.070.930.670.850.88-0.150.86-0.640.92-0.07-0.910.26-0.97
0.75-0.04-0.930.840.510.790.750.71-0.210.70.810.5-0.080.960.510.810.810.00.89-0.440.92-0.25-0.720.08-0.95
-0.03-0.490.180.060.37-0.030.190.220.080.16-0.110.420.52-0.040.270.20.120.01-0.3-0.04-0.07-0.25-0.010.640.14
-0.930.140.84-0.67-0.63-0.53-0.65-0.690.54-0.6-0.44-0.7-0.18-0.73-0.64-0.72-0.830.33-0.740.78-0.91-0.72-0.01-0.40.86
0.17-0.38-0.030.420.730.370.440.610.220.390.20.760.790.230.630.480.450.320.18-0.050.260.080.64-0.4-0.1
-0.90.080.98-0.77-0.49-0.66-0.72-0.660.46-0.67-0.67-0.520.11-0.92-0.5-0.8-0.840.27-0.840.67-0.97-0.950.140.86-0.1
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PowerBand Solutions Account Relationship Matchups

PowerBand Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities6.1M9.3M11.1M7.3M18.5M19.4M
Net Tangible Assets1.0M(3.5M)(6.4M)(3.7M)(3.3M)(3.5M)
Retained Earnings(19.6M)(23.3M)(45.8M)(75.3M)(96.0M)(91.2M)
Accounts Payable1.5M1.5M2.4M2.8M1.7M1.5M
Net Receivables994.8K1.3M1.5M890.9K411.2K785.9K
Total Current Assets2.0M3.3M9.1M12.0M2.6M4.2M
Common Stock3.9M11.8M16.2M18.9M21.8M11.2M
Total Assets9.1M13.8M20.4M17.2M6.9M11.2M
Total Stockholder Equity(1.7M)(697.7K)3.9M8.0M(12.0M)(11.4M)
Cash243.0K1.4M5.1M10.1M1.8M3.0M
Non Current Assets Total7.1M10.5M11.3M5.2M4.3M6.6M
Common Stock Shares Outstanding105.8M137.5M198.2M298.8M299.3M172.2M
Non Current Liabilities Total4.4M3.7M4.8M2.5M2.0M2.8M
Other Current Assets272.8K569.9K631.9K751.9K864.7K489.8K
Total Liab10.5M13.0M15.9M9.9M20.5M11.1M
Net Invested Capital(189.9K)(443.0K)7.8M9.7M(9.3M)(8.8M)
Long Term Investments268.2K636.6K195.5K442.7K564.9K499.6K
Short Long Term Debt1.5M254.6K2.2M1.7M2.6M1.3M
Net Working Capital(4.1M)(5.9M)(2.0M)4.7M(15.9M)(15.1M)
Intangible Assets1.4M1.6M2.9M4.8M5.5M5.8M
Capital Stock16.2M18.9M43.9M65.7M65.8M40.7M

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