Pluri Accounts Payable vs Total Liab Analysis

PLUR Stock  USD 5.04  0.21  4.00%   
Pluri financial indicator trend analysis is much more than just breaking down Pluri Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pluri Inc is a good investment. Please check the relationship between Pluri Accounts Payable and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pluri Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pluri Inc Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pluri's Accounts Payable and Total Liab is -0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Pluri Inc, assuming nothing else is changed. The correlation between historical values of Pluri's Accounts Payable and Total Liab 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 Pluri Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Pluri's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Pluri 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 Pluri Inc 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 Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Pluri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pluri Inc 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 Pluri Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
As of 12/11/2024, Enterprise Value is likely to grow to about 105 M, while Selling General Administrative is likely to drop slightly above 9.4 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses41.8M27.5M22.5M21.0M
Cost Of Revenue41.6M9K4K3.8K

Pluri fundamental ratios Correlations

0.510.740.79-0.17-0.220.620.550.890.530.990.160.340.370.990.570.190.430.240.610.230.260.210.190.770.32
0.510.870.360.04-0.450.480.130.620.560.440.230.510.280.450.40.16-0.15-0.180.330.11-0.160.190.120.4-0.29
0.740.870.62-0.22-0.320.680.450.750.580.70.120.420.250.710.620.060.070.180.430.060.250.260.180.480.08
0.790.360.62-0.650.350.730.440.70.320.76-0.45-0.22-0.280.790.29-0.450.390.490.74-0.410.270.560.470.550.53
-0.170.04-0.22-0.65-0.76-0.37-0.51-0.18-0.16-0.140.830.70.72-0.160.080.820.02-0.54-0.310.79-0.5-0.56-0.440.25-0.5
-0.22-0.45-0.320.35-0.760.090.03-0.25-0.18-0.22-0.95-0.99-0.87-0.2-0.54-0.870.020.410.16-0.830.140.50.29-0.320.55
0.620.480.680.73-0.370.090.180.430.120.61-0.250.02-0.120.660.54-0.280.580.60.79-0.260.040.270.650.570.32
0.550.130.450.44-0.510.030.180.590.690.540.010.040.210.50.280.07-0.10.20.060.130.70.080.03-0.070.24
0.890.620.750.7-0.18-0.250.430.590.760.840.190.360.350.820.450.20.090.070.450.220.210.160.040.560.14
0.530.560.580.32-0.16-0.180.120.690.760.460.180.230.380.430.110.27-0.35-0.170.040.280.210.06-0.170.07-0.02
0.990.440.70.76-0.14-0.220.610.540.840.460.170.330.390.990.590.210.50.270.590.270.290.210.180.790.35
0.160.230.12-0.450.83-0.95-0.250.010.190.180.170.930.930.140.430.96-0.04-0.45-0.260.94-0.12-0.66-0.430.27-0.47
0.340.510.42-0.220.7-0.990.020.040.360.230.330.930.870.310.620.840.03-0.35-0.050.81-0.1-0.49-0.230.41-0.49
0.370.280.25-0.280.72-0.87-0.120.210.350.380.390.930.870.360.440.980.05-0.37-0.180.98-0.01-0.5-0.410.38-0.31
0.990.450.710.79-0.16-0.20.660.50.820.430.990.140.310.360.590.180.520.290.630.230.260.220.230.810.36
0.570.40.620.290.08-0.540.540.280.450.110.590.430.620.440.590.30.520.470.40.330.4-0.240.210.480.15
0.190.160.06-0.450.82-0.87-0.280.070.20.270.210.960.840.980.180.3-0.01-0.48-0.290.99-0.12-0.57-0.460.27-0.42
0.43-0.150.070.390.020.020.58-0.10.09-0.350.5-0.040.030.050.520.52-0.010.630.630.040.040.10.480.640.42
0.24-0.180.180.49-0.540.410.60.20.07-0.170.27-0.45-0.35-0.370.290.47-0.480.630.43-0.420.50.180.510.130.68
0.610.330.430.74-0.310.160.790.060.450.040.59-0.26-0.05-0.180.630.4-0.290.630.43-0.27-0.090.210.60.640.26
0.230.110.06-0.410.79-0.83-0.260.130.220.280.270.940.810.980.230.330.990.04-0.42-0.27-0.06-0.57-0.460.29-0.34
0.26-0.160.250.27-0.50.140.040.70.210.210.29-0.12-0.1-0.010.260.4-0.120.040.5-0.09-0.060.08-0.14-0.190.54
0.210.190.260.56-0.560.50.270.080.160.060.21-0.66-0.49-0.50.22-0.24-0.570.10.180.21-0.570.080.280.070.24
0.190.120.180.47-0.440.290.650.030.04-0.170.18-0.43-0.23-0.410.230.21-0.460.480.510.6-0.46-0.140.280.160.01
0.770.40.480.550.25-0.320.57-0.070.560.070.790.270.410.380.810.480.270.640.130.640.29-0.190.070.160.22
0.32-0.290.080.53-0.50.550.320.240.14-0.020.35-0.47-0.49-0.310.360.15-0.420.420.680.26-0.340.540.240.010.22
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Pluri Account Relationship Matchups

Pluri fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.5M93.5M68.1M50.8M39.5M38.5M
Other Current Liab4.9M7.7M3.7M3.0M2.2M2.3M
Total Current Liabilities8.0M11.5M6.8M5.6M4.5M4.6M
Total Stockholder Equity56.1M57.2M30.0M13.4M96K91.2K
Net Debt(6.7M)(6.7M)19.0M24.5M22.8M24.0M
Retained Earnings(280.2M)(330.0M)(371.3M)(399.6M)(420.5M)(399.4M)
Accounts Payable2.0M2.5M1.8M1.8M964K1.7M
Cash8.3M31.2M9.8M5.4M6.8M9.9M
Non Current Assets Total17.1M26.2M10.3M9.4M8.4M7.6M
Non Currrent Assets Other643K23.9M675K440K1.2M2.2M
Cash And Short Term Investments45.8M65.0M55.0M40.2M30.0M28.9M
Common Stock Shares Outstanding2.3M3.5M4.0M4.6M5.2M5.5M
Liabilities And Stockholders Equity65.5M93.5M68.1M50.8M39.5M38.5M
Other Stockholder Equity336.3M387.2M401.3M412.9M420.6M441.6M
Total Liab9.4M36.4M35.9M35.5M34.1M35.8M
Total Current Assets48.5M67.4M57.7M41.4M31.1M30.9M
Property Plant And Equipment Net3.8M2.2M9.0M8.3M7.2M5.1M
Net Receivables1.6M1.5M1.3M527K646K1.0M
Non Current Liabilities Total1.4M24.9M29.1M29.9M29.7M31.1M
Other Current Assets512K334K403K173K222K210.9K
Short Term Investments37.5M33.7M45.2M34.8M23.2M27.5M
Other Liab879K920K867K598K538.2K866.7K
Net Tangible Assets56.1M57.2M30.0M13.4M12.0M11.4M
Other Assets13.3M23.9M1.3M1.1M1.2M1.2M
Property Plant Equipment3.8M2.2M9.0M8.3M9.6M6.0M
Net Invested Capital56.1M81.0M51.7M36.9M24.1M36.2M
Net Working Capital40.5M55.9M50.9M35.8M26.7M41.8M

Pair Trading with Pluri

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pluri position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pluri will appreciate offsetting losses from the drop in the long position's value.

Moving against Pluri Stock

  0.35FLGC Flora Growth CorpPairCorr
  0.32GNFT GenfitPairCorr
The ability to find closely correlated positions to Pluri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pluri when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pluri - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pluri Inc to buy it.
The correlation of Pluri is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pluri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pluri Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pluri can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Pluri Stock Analysis

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