PGH Stock | | | 198.00 3.00 1.49% |
Personal Group financial indicator trend analysis is much more than just breaking down Personal Group Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Personal Group Holdings is a good investment. Please check the relationship between Personal Group Cash And Short Term Investments and its Total Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Personal Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Personal Group Holdings Cash And Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Personal Group's Cash And Short Term Investments and Total Assets is 0.49. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Personal Group Holdings, assuming nothing else is changed. The correlation between historical values of Personal Group's Cash And Short Term Investments 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 Cash And Short Term Investments of Personal Group Holdings 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 Cash And Short Term Investments i.e., Personal Group's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Personal Group Holdings balance sheet. This account contains Personal Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Personal Group Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Assets
Total assets refers to the total amount of Personal Group 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 Personal Group Holdings 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 Personal Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Personal Group Holdings 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 Personal Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Personal Group's
Tax Provision is projected to decrease significantly based on the last few years of reporting.
Personal Group fundamental ratios Correlations
Click cells to compare fundamentals
Personal Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Personal Group fundamental ratios Accounts
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Other Information on Investing in Personal Stock
Balance Sheet is a snapshot of the
financial position of Personal Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Personal Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Personal Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Personal currently owns. An asset can also be divided into two categories, current and non-current.