Plurilock Accounts Payable vs Total Stockholder Equity Analysis

PLUR Stock  CAD 0.37  0.01  2.63%   
Plurilock Security financial indicator trend analysis is much more than just breaking down Plurilock Security prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plurilock Security is a good investment. Please check the relationship between Plurilock Security Accounts Payable and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plurilock Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plurilock Security Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Plurilock Security's Accounts Payable and Total Stockholder Equity is -0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Plurilock Security, assuming nothing else is changed. The correlation between historical values of Plurilock Security's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Plurilock Security are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Plurilock Security's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Plurilock Security 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 Plurilock Security 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Plurilock Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plurilock Security 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 Plurilock Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Issuance Of Capital Stock is likely to climb to about 3.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.5M5.0M5.9M3.1M
Total Revenue36.6M64.6M70.4M38.0M

Plurilock Security fundamental ratios Correlations

0.940.98-0.960.940.930.880.980.990.770.94-0.080.750.860.710.84-0.590.880.60.980.930.640.810.830.96-0.52
0.940.94-0.990.991.00.80.970.940.760.9-0.380.750.740.50.85-0.780.950.660.951.00.430.830.690.9-0.76
0.980.94-0.960.950.940.890.991.00.840.96-0.070.760.880.730.85-0.60.890.610.990.940.650.820.850.97-0.52
-0.96-0.99-0.96-0.97-0.99-0.83-0.97-0.97-0.78-0.930.31-0.78-0.83-0.53-0.880.76-0.95-0.68-0.95-0.99-0.49-0.86-0.79-0.940.72
0.940.990.95-0.970.980.80.980.940.760.89-0.340.650.740.580.78-0.670.890.540.950.980.40.750.690.89-0.7
0.931.00.94-0.990.980.80.960.930.760.91-0.390.770.730.480.87-0.790.960.690.951.00.430.850.680.89-0.77
0.880.80.89-0.830.80.80.880.870.940.970.090.760.810.690.87-0.460.770.630.90.790.730.830.780.95-0.36
0.980.970.99-0.970.980.960.880.990.820.95-0.150.740.830.70.84-0.620.90.591.00.960.590.810.790.95-0.58
0.990.941.0-0.970.940.930.870.990.810.95-0.070.750.90.730.84-0.60.880.590.980.930.640.810.880.97-0.52
0.770.760.84-0.780.760.760.940.820.810.930.040.710.740.610.83-0.450.730.60.840.760.650.790.710.9-0.38
0.940.90.96-0.930.890.910.970.950.950.93-0.050.830.850.650.92-0.610.880.710.960.90.70.90.810.99-0.52
-0.08-0.38-0.070.31-0.34-0.390.09-0.15-0.070.04-0.05-0.080.140.54-0.170.66-0.38-0.24-0.09-0.390.6-0.170.220.00.86
0.750.750.76-0.780.650.770.760.740.750.710.83-0.080.680.320.97-0.790.90.970.770.760.720.980.670.81-0.56
0.860.740.88-0.830.740.730.810.830.90.740.850.140.680.720.74-0.430.710.50.820.730.70.731.00.92-0.28
0.710.50.73-0.530.580.480.690.70.730.610.650.540.320.720.390.10.360.080.720.480.740.350.740.710.18
0.840.850.85-0.880.780.870.870.840.840.830.92-0.170.970.740.39-0.80.940.920.860.860.671.00.710.9-0.64
-0.59-0.78-0.60.76-0.67-0.79-0.46-0.62-0.6-0.45-0.610.66-0.79-0.430.1-0.8-0.89-0.86-0.6-0.79-0.17-0.82-0.38-0.580.93
0.880.950.89-0.950.890.960.770.90.880.730.88-0.380.90.710.360.94-0.890.850.890.960.50.940.670.87-0.8
0.60.660.61-0.680.540.690.630.590.590.60.71-0.240.970.50.080.92-0.860.850.620.680.560.940.480.66-0.64
0.980.950.99-0.950.950.950.91.00.980.840.96-0.090.770.820.720.86-0.60.890.620.950.650.830.790.96-0.54
0.931.00.94-0.990.981.00.790.960.930.760.9-0.390.760.730.480.86-0.790.960.680.950.420.840.680.89-0.77
0.640.430.65-0.490.40.430.730.590.640.650.70.60.720.70.740.67-0.170.50.560.650.420.670.740.720.11
0.810.830.82-0.860.750.850.830.810.810.790.9-0.170.980.730.351.0-0.820.940.940.830.840.670.70.87-0.64
0.830.690.85-0.790.690.680.780.790.880.710.810.220.671.00.740.71-0.380.670.480.790.680.740.70.89-0.21
0.960.90.97-0.940.890.890.950.950.970.90.990.00.810.920.710.9-0.580.870.660.960.890.720.870.89-0.47
-0.52-0.76-0.520.72-0.7-0.77-0.36-0.58-0.52-0.38-0.520.86-0.56-0.280.18-0.640.93-0.8-0.64-0.54-0.770.11-0.64-0.21-0.47
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Plurilock Security Account Relationship Matchups

Plurilock Security fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities948.4K521.2K11.3M19.1M29.9M31.4M
Retained Earnings(4.8M)(9.4M)(15.7M)(24.1M)(33.2M)(31.5M)
Accounts Payable103.4K195.1K9.7M8.5M18.7M19.6M
Net Receivables710.1K40.5K6.1M11.7M17.2M18.0M
Total Current Assets895.4K2.1M16.9M16.1M21.6M22.7M

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