Perpetual Common Stock Shares Outstanding vs Other Assets Analysis

PCI Stock   1.16  0.01  0.87%   
Perpetual Credit financial indicator trend analysis is much more than just breaking down Perpetual Credit Income prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perpetual Credit Income is a good investment. Please check the relationship between Perpetual Credit Common Stock Shares Outstanding and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perpetual Credit Income. 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.

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perpetual Credit Income Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Perpetual Credit's Common Stock Shares Outstanding and Other Assets is -0.08. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Perpetual Credit Income, assuming nothing else is changed. The correlation between historical values of Perpetual Credit's Common Stock Shares Outstanding and Other 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 Common Stock Shares Outstanding of Perpetual Credit Income are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Perpetual Credit's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

Most indicators from Perpetual Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perpetual Credit Income 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 Perpetual Credit Income. 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 drop to about 246.2 K in 2024
 2021 2022 2023 2024 (projected)
Gross Profit3.5M30.8M35.5M37.2M
Total Revenue7.1M34.3M39.5M41.5M

Perpetual Credit fundamental ratios Correlations

Perpetual Credit Account Relationship Matchups

Perpetual Credit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets434.2M453.1M439.2M440.5M396.5M354.3M
Total Stockholder Equity425.2M445.5M431.5M434.4M390.9M348.4M
Cash9.4M10.1M13.6M6.5M5.9M5.6M
Cash And Short Term Investments9.4M10.1M13.6M6.5M5.9M5.6M
Common Stock Shares Outstanding400.3M400.5M400.8M401.0M461.1M440.6M
Liabilities And Stockholders Equity434.2M453.1M439.2M440.5M396.5M354.3M
Other Stockholder Equity425.2M445.5M431.5M434.4M390.9M348.4M
Total Liab9.0M7.7M7.6M6.1M5.5M5.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Perpetual Stock Analysis

When running Perpetual Credit's price analysis, check to measure Perpetual Credit's 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 Perpetual Credit is operating at the current time. Most of Perpetual Credit's value examination focuses on studying past and present price action to predict the probability of Perpetual Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perpetual Credit's price. Additionally, you may evaluate how the addition of Perpetual Credit to your portfolios can decrease your overall portfolio volatility.