Perimeter Total Assets vs Common Stock Analysis

PINK Stock

CAD 0.49 0.01 2.00%

Perimeter Medical financial indicator trend analysis is much more than just breaking down Perimeter Medical Imaging prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perimeter Medical Imaging is a good investment. Please check the relationship between Perimeter Medical Total Assets and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Total Assets vs Common Stock

Total Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perimeter Medical Imaging Total Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Perimeter Medical's Total Assets and Common Stock is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Perimeter Medical Imaging, assuming nothing else is changed. The correlation between historical values of Perimeter Medical's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Perimeter Medical Imaging are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Perimeter Medical's Total Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Perimeter Medical 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 Perimeter Medical Imaging 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.

Common Stock

Most indicators from Perimeter Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perimeter Medical Imaging 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 Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Selling General Administrative is likely to drop to about 5.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2023	2024 (projected)
Depreciation And Amortization	93.8K	829.7K	871.1K
Interest Income	7.8K	9.0K	7.1K

Depreciation And Amortization Interest Income

Perimeter Medical fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab
Other Current Liab		-0.2	-0.48	0.49	-0.61	0.6	0.85	0.85	0.72	0.51	0.85	-0.49	0.67	0.82	-0.52	-0.72	0.86	0.82	-0.88	0.83	0.77	-0.65	0.83	0.58	0.3	-0.29
Total Current Liabilities	-0.2		0.75	-0.94	0.71	-0.63	-0.44	-0.65	-0.78	-0.8	-0.67	0.94	-0.85	-0.64	-0.31	0.8	-0.62	-0.64	0.4	-0.65	-0.75	0.3	-0.71	-0.86	-0.92	0.98
Other Liab	-0.48	0.75		-0.86	0.85	-0.94	-0.66	-0.74	-0.86	-0.97	-0.77	0.89	-0.86	-0.75	-0.07	0.85	-0.73	-0.75	0.6	-0.75	-0.83	0.49	-0.8	-0.86	-0.85	0.86
Net Tangible Assets	0.49	-0.94	-0.86		-0.88	0.77	0.66	0.83	0.92	0.89	0.86	-1.0	0.96	0.82	0.09	-0.94	0.81	0.82	-0.66	0.83	0.91	-0.51	0.88	0.95	0.93	-0.97
Retained Earnings	-0.61	0.71	0.85	-0.88		-0.81	-0.85	-0.75	-0.92	-0.84	-0.81	0.87	-0.85	-0.89	0.26	0.85	-0.74	-0.89	0.83	-0.75	-0.91	0.82	-0.87	-0.93	-0.88	0.79
Accounts Payable	0.6	-0.63	-0.94	0.77	-0.81		0.72	0.74	0.84	0.92	0.77	-0.81	0.82	0.83	-0.2	-0.8	0.73	0.83	-0.72	0.73	0.85	-0.56	0.84	0.85	0.7	-0.75
Net Receivables	0.85	-0.44	-0.66	0.66	-0.85	0.72		0.79	0.89	0.72	0.82	-0.65	0.75	0.94	-0.48	-0.75	0.77	0.94	-0.88	0.75	0.88	-0.92	0.88	0.82	0.63	-0.51
Total Current Assets	0.85	-0.65	-0.74	0.83	-0.75	0.74	0.79		0.9	0.8	1.0	-0.83	0.95	0.87	-0.07	-0.96	1.0	0.87	-0.78	1.0	0.92	-0.52	0.95	0.81	0.66	-0.7
Common Stock	0.72	-0.78	-0.86	0.92	-0.92	0.84	0.89	0.9		0.92	0.93	-0.92	0.96	0.96	-0.14	-0.93	0.88	0.96	-0.8	0.88	0.98	-0.73	0.97	0.97	0.87	-0.84
Property Plant Equipment	0.51	-0.8	-0.97	0.89	-0.84	0.92	0.72	0.8	0.92		0.82	-0.92	0.91	0.81	0.1	-0.87	0.77	0.81	-0.59	0.79	0.88	-0.52	0.85	0.91	0.88	-0.89
Total Assets	0.85	-0.67	-0.77	0.86	-0.81	0.77	0.82	1.0	0.93	0.82		-0.86	0.96	0.9	-0.13	-0.97	0.99	0.9	-0.82	0.99	0.95	-0.58	0.97	0.85	0.7	-0.73
Short Long Term Debt Total	-0.49	0.94	0.89	-1.0	0.87	-0.81	-0.65	-0.83	-0.92	-0.92	-0.86		-0.97	-0.82	-0.11	0.95	-0.82	-0.82	0.65	-0.84	-0.91	0.49	-0.88	-0.95	-0.93	0.98
Total Stockholder Equity	0.67	-0.85	-0.86	0.96	-0.85	0.82	0.75	0.95	0.96	0.91	0.96	-0.97		0.88	0.03	-0.99	0.93	0.88	-0.73	0.94	0.96	-0.52	0.95	0.93	0.85	-0.89
Property Plant And Equipment Net	0.82	-0.64	-0.75	0.82	-0.89	0.83	0.94	0.87	0.96	0.81	0.9	-0.82	0.88		-0.41	-0.87	0.85	1.0	-0.91	0.84	0.98	-0.82	0.98	0.93	0.73	-0.7
Current Deferred Revenue	-0.52	-0.31	-0.07	0.09	0.26	-0.2	-0.48	-0.07	-0.14	0.1	-0.13	-0.11	0.03	-0.41		0.02	-0.09	-0.41	0.64	-0.05	-0.23	0.64	-0.26	-0.13	0.17	-0.25
Net Debt	-0.72	0.8	0.85	-0.94	0.85	-0.8	-0.75	-0.96	-0.93	-0.87	-0.97	0.95	-0.99	-0.87	0.02		-0.96	-0.87	0.77	-0.97	-0.95	0.53	-0.95	-0.9	-0.81	0.85
Cash	0.86	-0.62	-0.73	0.81	-0.74	0.73	0.77	1.0	0.88	0.77	0.99	-0.82	0.93	0.85	-0.09	-0.96		0.85	-0.79	1.0	0.91	-0.5	0.94	0.78	0.63	-0.68
Non Current Assets Total	0.82	-0.64	-0.75	0.82	-0.89	0.83	0.94	0.87	0.96	0.81	0.9	-0.82	0.88	1.0	-0.41	-0.87	0.85		-0.91	0.84	0.98	-0.82	0.98	0.93	0.73	-0.7
Long Term Debt	-0.88	0.4	0.6	-0.66	0.83	-0.72	-0.88	-0.78	-0.8	-0.59	-0.82	0.65	-0.73	-0.91	0.64	0.77	-0.79	-0.91		-0.77	-0.87	0.83	-0.88	-0.76	-0.51	0.49
Cash And Short Term Investments	0.83	-0.65	-0.75	0.83	-0.75	0.73	0.75	1.0	0.88	0.79	0.99	-0.84	0.94	0.84	-0.05	-0.97	1.0	0.84	-0.77		0.91	-0.48	0.93	0.79	0.66	-0.71
Common Stock Shares Outstanding	0.77	-0.75	-0.83	0.91	-0.91	0.85	0.88	0.92	0.98	0.88	0.95	-0.91	0.96	0.98	-0.23	-0.95	0.91	0.98	-0.87	0.91		-0.72	0.99	0.96	0.81	-0.81
Non Current Liabilities Total	-0.65	0.3	0.49	-0.51	0.82	-0.56	-0.92	-0.52	-0.73	-0.52	-0.58	0.49	-0.52	-0.82	0.64	0.53	-0.5	-0.82	0.83	-0.48	-0.72		-0.7	-0.71	-0.56	0.37
Capital Lease Obligations	0.83	-0.71	-0.8	0.88	-0.87	0.84	0.88	0.95	0.97	0.85	0.97	-0.88	0.95	0.98	-0.26	-0.95	0.94	0.98	-0.88	0.93	0.99	-0.7		0.93	0.75	-0.77
Other Current Assets	0.58	-0.86	-0.86	0.95	-0.93	0.85	0.82	0.81	0.97	0.91	0.85	-0.95	0.93	0.93	-0.13	-0.9	0.78	0.93	-0.76	0.79	0.96	-0.71	0.93		0.92	-0.9
Other Stockholder Equity	0.3	-0.92	-0.85	0.93	-0.88	0.7	0.63	0.66	0.87	0.88	0.7	-0.93	0.85	0.73	0.17	-0.81	0.63	0.73	-0.51	0.66	0.81	-0.56	0.75	0.92		-0.94
Total Liab	-0.29	0.98	0.86	-0.97	0.79	-0.75	-0.51	-0.7	-0.84	-0.89	-0.73	0.98	-0.89	-0.7	-0.25	0.85	-0.68	-0.7	0.49	-0.71	-0.81	0.37	-0.77	-0.9	-0.94

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Perimeter Medical Account Relationship Matchups

Perimeter Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	2.4M	1.2M	1.9M	5.4M	4.6M	3.2M
Total Current Liabilities	18.5M	1.8M	2.1M	8.0M	6.9M	7.0M
Retained Earnings	(39.4M)	(47.3M)	(64.0M)	(59.3M)	(96.7M)	(91.9M)
Net Receivables	1.0M	604.3K	1.3M	2.0M	3.1M	1.6M
Total Current Assets	2.5M	13.1M	7.7M	31.5M	23.2M	14.8M
Common Stock	17.8M	48.5M	62.5M	80.8M	107.9M	60.7M

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