Plum Net Debt vs Cash And Short Term Investments Analysis
| PLMJW Stock | 0.20 0.02 11.11% |
Plum Acquisition financial indicator trend analysis is much more than just breaking down Plum Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plum Acquisition Corp is a good investment. Please check the relationship between Plum Acquisition Net Debt and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plum Acquisition Corp Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Plum Acquisition's Net Debt and Cash And Short Term Investments is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Plum Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Plum Acquisition's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Plum Acquisition Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Plum Acquisition's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Plum Acquisition Corp balance sheet. This account contains Plum Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Plum Acquisition Corp 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.Most indicators from Plum Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plum Acquisition Corp 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 Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. Enterprise Value Over EBITDA is likely to drop to 29.70 in 2024. Enterprise Value Multiple is likely to drop to 29.70 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 761.6K | 2.8M | 833.9K | 1.6M | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 168.8K |
Plum Acquisition fundamental ratios Correlations
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Plum Acquisition 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.Additional Tools for Plum Stock Analysis
When running Plum Acquisition's price analysis, check to measure Plum Acquisition'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 Plum Acquisition is operating at the current time. Most of Plum Acquisition's value examination focuses on studying past and present price action to predict the probability of Plum Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plum Acquisition's price. Additionally, you may evaluate how the addition of Plum Acquisition to your portfolios can decrease your overall portfolio volatility.