Pinstripes Selling General Administrative vs Depreciation And Amortization Analysis
PNST Stock | 0.72 0.08 10.00% |
Pinstripes Holdings financial indicator trend analysis is much more than just breaking down Pinstripes Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinstripes Holdings is a good investment. Please check the relationship between Pinstripes Holdings Selling General Administrative and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinstripes Holdings Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pinstripes Holdings' Selling General Administrative and Depreciation And Amortization is -0.61. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Pinstripes Holdings, assuming nothing else is changed. The correlation between historical values of Pinstripes Holdings' Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Pinstripes Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Pinstripes Holdings' Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Pinstripes Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinstripes Holdings 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 Pinstripes Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.At this time, Pinstripes Holdings' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Enterprise Value is likely to drop slightly above 420.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.9M | 11.7M | 12.3M | Depreciation And Amortization | 8.8M | 8.1M | 8.4M | 6.8M |
Pinstripes Holdings fundamental ratios Correlations
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Pinstripes Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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