Premium Property Plant And Equipment Gross vs Accounts Payable Analysis
PC Stock | 0.85 0.02 2.41% |
Premium Catering financial indicator trend analysis is much more than just breaking down Premium Catering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premium Catering is a good investment. Please check the relationship between Premium Catering Property Plant And Equipment Gross and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premium Catering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Property Plant And Equipment Gross vs Accounts Payable
Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premium Catering Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Premium Catering's Property Plant And Equipment Gross and Accounts Payable is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Premium Catering Limited, assuming nothing else is changed. The correlation between historical values of Premium Catering's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Premium Catering Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Premium Catering's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Gross
Accounts Payable
An accounting item on the balance sheet that represents Premium Catering 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 Premium Catering 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.Most indicators from Premium Catering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premium Catering 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 Premium Catering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is expected to grow at the current pace this year. In addition to that, Selling General Administrative is expected to decline to about 1.1 M
2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3M | 1.1M | 1.0M | 966.6K | Total Revenue | 5.3M | 5.2M | 4.7M | 4.2M |
Premium Catering fundamental ratios Correlations
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Premium Catering Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premium Catering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Restaraunts Hotels Motels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Premium Catering. If investors know Premium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Premium Catering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.272 | Quarterly Revenue Growth 0.085 |
The market value of Premium Catering is measured differently than its book value, which is the value of Premium that is recorded on the company's balance sheet. Investors also form their own opinion of Premium Catering's value that differs from its market value or its book value, called intrinsic value, which is Premium Catering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Premium Catering's market value can be influenced by many factors that don't directly affect Premium Catering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Premium Catering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premium Catering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premium Catering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.