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 Total Assets 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 Total Assets
Selling General Administrative vs Total Assets 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
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PowerBand Solutions' Selling General Administrative and Total Assets is 0.98. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., PowerBand Solutions' Selling General Administrative and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Total Assets
Total assets refers to the total amount of PowerBand Solutions assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PowerBand Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
PowerBand Solutions fundamental ratios Correlations
Click cells to compare fundamentals
PowerBand Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PowerBand Solutions fundamental ratios Accounts
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Additional Tools for PowerBand Stock Analysis
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measure PowerBand Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerBand Solutions is operating at the current time. Most of PowerBand Solutions' value examination focuses on studying past and present price action to
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