Pioneer Net Tangible Assets vs Cash And Short Term Investments Analysis

PNC Stock   0.66  0.01  1.54%   
Pioneer Credit financial indicator trend analysis is much more than just breaking down Pioneer Credit prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Credit is a good investment. Please check the relationship between Pioneer Credit Net Tangible Assets 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 Pioneer Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Cash And Short Term Investments

Net Tangible Assets 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 Pioneer Credit Net Tangible Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pioneer Credit's Net Tangible Assets and Cash And Short Term Investments is 0.15. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Pioneer Credit, assuming nothing else is changed. The correlation between historical values of Pioneer Credit's Net Tangible Assets 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 Tangible Assets of Pioneer Credit 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 Tangible Assets i.e., Pioneer Credit's Net Tangible Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Pioneer Credit balance sheet. This account contains Pioneer Credit investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pioneer Credit 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 Pioneer Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Credit 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 Pioneer Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 8.6 M in 2024. Tax Provision is likely to gain to about (20.3 M) in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses58.7M49.3M46.1M47.3M
Gross Profit48.1M71.7M27.0M52.1M

Pioneer Credit fundamental ratios Correlations

0.47-0.52-0.6-0.150.68-0.430.660.9-0.420.960.910.970.530.890.960.980.190.980.930.54-0.57-0.220.98-0.220.11
0.470.250.280.290.2-0.110.120.25-0.310.510.30.250.230.320.240.37-0.180.550.380.020.190.00.57-0.330.85
-0.520.250.770.7-0.390.46-0.49-0.7-0.09-0.43-0.56-0.68-0.47-0.58-0.68-0.62-0.45-0.47-0.57-0.390.770.43-0.45-0.010.42
-0.60.280.770.28-0.490.64-0.47-0.830.26-0.6-0.67-0.75-0.51-0.67-0.75-0.67-0.59-0.58-0.67-0.490.710.59-0.56-0.260.64
-0.150.290.70.28-0.17-0.04-0.33-0.25-0.390.0-0.13-0.29-0.01-0.19-0.29-0.25-0.11-0.09-0.22-0.350.310.05-0.07-0.010.15
0.680.2-0.39-0.49-0.17-0.030.670.64-0.280.630.670.690.230.740.660.65-0.140.70.490.56-0.530.020.7-0.34-0.06
-0.43-0.110.460.64-0.04-0.030.14-0.660.15-0.49-0.43-0.45-0.81-0.37-0.47-0.48-0.91-0.46-0.520.110.270.91-0.46-0.30.2
0.660.12-0.49-0.47-0.330.670.140.57-0.260.620.70.71-0.070.770.70.66-0.310.630.60.84-0.690.210.61-0.16-0.11
0.90.25-0.7-0.83-0.250.64-0.660.57-0.360.850.840.930.690.850.930.930.50.890.870.49-0.68-0.570.88-0.05-0.13
-0.42-0.31-0.090.26-0.39-0.280.15-0.26-0.36-0.51-0.52-0.34-0.22-0.49-0.33-0.330.0-0.46-0.44-0.150.180.1-0.460.070.04
0.960.51-0.43-0.60.00.63-0.490.620.85-0.510.930.910.490.890.910.920.180.980.940.53-0.48-0.240.97-0.10.07
0.910.3-0.56-0.67-0.130.67-0.430.70.84-0.520.930.910.50.980.90.890.170.910.890.5-0.65-0.20.9-0.18-0.13
0.970.25-0.68-0.75-0.290.69-0.450.710.93-0.340.910.910.530.891.00.990.260.930.920.6-0.71-0.270.92-0.17-0.1
0.530.23-0.47-0.51-0.010.23-0.81-0.070.69-0.220.490.50.530.470.540.560.750.550.48-0.29-0.44-0.760.55-0.28-0.01
0.890.32-0.58-0.67-0.190.74-0.370.770.85-0.490.890.980.890.470.880.870.10.90.860.55-0.69-0.210.89-0.22-0.11
0.960.24-0.68-0.75-0.290.66-0.470.70.93-0.330.910.91.00.540.880.990.280.920.920.59-0.7-0.280.91-0.16-0.1
0.980.37-0.62-0.67-0.250.65-0.480.660.93-0.330.920.890.990.560.870.990.280.950.910.55-0.64-0.290.94-0.180.04
0.19-0.18-0.45-0.59-0.11-0.14-0.91-0.310.50.00.180.170.260.750.10.280.280.170.28-0.23-0.22-0.930.170.36-0.33
0.980.55-0.47-0.58-0.090.7-0.460.630.89-0.460.980.910.930.550.90.920.950.170.920.51-0.51-0.251.0-0.230.15
0.930.38-0.57-0.67-0.220.49-0.520.60.87-0.440.940.890.920.480.860.920.910.280.920.57-0.48-0.30.91-0.01-0.02
0.540.02-0.39-0.49-0.350.560.110.840.49-0.150.530.50.6-0.290.550.590.55-0.230.510.57-0.370.170.490.28-0.18
-0.570.190.770.710.31-0.530.27-0.69-0.680.18-0.48-0.65-0.71-0.44-0.69-0.7-0.64-0.22-0.51-0.48-0.370.23-0.480.270.43
-0.220.00.430.590.050.020.910.21-0.570.1-0.24-0.2-0.27-0.76-0.21-0.28-0.29-0.93-0.25-0.30.170.23-0.25-0.320.21
0.980.57-0.45-0.56-0.070.7-0.460.610.88-0.460.970.90.920.550.890.910.940.171.00.910.49-0.48-0.25-0.240.18
-0.22-0.33-0.01-0.26-0.01-0.34-0.3-0.16-0.050.07-0.1-0.18-0.17-0.28-0.22-0.16-0.180.36-0.23-0.010.280.27-0.32-0.24-0.4
0.110.850.420.640.15-0.060.2-0.11-0.130.040.07-0.13-0.1-0.01-0.11-0.10.04-0.330.15-0.02-0.180.430.210.18-0.4
Click cells to compare fundamentals

Pioneer Credit Account Relationship Matchups

Pioneer Credit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets286.9M270.3M339.5M326.8M367.9M210.2M
Total Stockholder Equity64.0M54.7M41.1M41.9M44.2M58.1M
Other Liab919K1.2M971K872K784.8K745.6K
Retained Earnings(20.0M)(39.0M)(72.1M)(71.9M)(80.6M)(76.6M)
Accounts Payable2.8M4.0M1.1M1.1M3.8M2.8M
Cash11.0M10.4M23.1M8.4M4.1M7.1M
Other Assets2.8M2.3M1.5M1.4M(119.9M)(113.9M)
Total Liab223.0M215.6M298.4M284.8M323.7M339.9M
Intangible Assets932K1.6M958K489K786K1.3M
Common Stock80.0M81.8M103.6M103.8M117.7M68.1M
Property Plant Equipment8.5M5.3M9.3M8.1M9.3M4.7M
Short Long Term Debt Total214.6M207.5M266.7M275.7M286.6M159.6M
Total Current Liabilities216.3M10.5M52.0M20.7M282.2M296.3M
Property Plant And Equipment Net8.5M5.3M9.3M8.1M6.9M5.7M
Net Debt203.6M197.1M243.6M267.3M282.5M151.6M
Non Current Assets Total185.0M184.8M212.9M210.1M243.9M153.5M
Cash And Short Term Investments98.3M83.8M119.4M114.5M118.2M83.7M
Common Stock Shares Outstanding63.3M64.6M82.1M123.8M115.9M68.2M
Liabilities And Stockholders Equity286.9M270.3M339.5M326.8M367.9M241.5M
Non Current Liabilities Total6.6M205.2M246.3M264.1M40.3M38.3M
Other Stockholder Equity(60.1M)(42.8M)(31.5M)(31.9M)(28.7M)(27.2M)
Total Current Assets101.9M85.5M126.5M116.7M124.0M88.0M
Accumulated Other Comprehensive Income3.9M11.9M9.5M10.1M7.2M5.1M
Other Current Liab(214.3M)(10.6M)(23.4M)(13.5M)22.9M24.0M
Net Tangible Assets63.0M53.1M40.1M41.4M37.3M52.0M
Net Receivables2.5M908K6.2M1.5M4.3M3.3M
Short Term Investments87.3M73.4M96.3M106.1M114.1M82.5M
Inventory1.7M5.0M634K116.7M1.5M1.4M
Other Current Assets(90.4M)818K979K693K1.5M1.6M
Long Term Investments172.8M175.7M199.2M198.2M208.9M150.5M
Property Plant And Equipment Gross8.5M12.1M16.3M13.5M12.7M8.5M
Short Long Term Debt206.3M425K20.4M11.3M254.3M267.0M
Short Term Debt211.4M6.5M22.3M12.5M255.5M268.3M
Current Deferred Revenue2.1M373K521K(3.5M)(3.2M)(3.0M)
Long Term Debt Total5.7M204.0M245.4M263.3M302.8M317.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Pioneer Stock Analysis

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