POLICYBZR | | | 2,092 52.00 2.43% |
PB Fintech financial indicator trend analysis is much more than just breaking down PB Fintech Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PB Fintech Limited is a good investment. Please check the relationship between PB Fintech Intangible Assets and its Total Current Liabilities accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PB Fintech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Intangible Assets vs Total Current Liabilities
Intangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PB Fintech Limited Intangible Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PB Fintech's Intangible Assets and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of PB Fintech Limited, assuming nothing else is changed. The correlation between historical values of PB Fintech's Intangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of PB Fintech Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., PB Fintech's Intangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Total Current Liabilities
Total Current Liabilities is an item on PB Fintech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PB Fintech Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from PB Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PB Fintech Limited 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 PB Fintech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
The current year's
Tax Provision is expected to grow to about 133.3
M, whereas
Selling General Administrative is forecasted to decline to about 433.3
M.
PB Fintech fundamental ratios Correlations
Click cells to compare fundamentals
PB Fintech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PB Fintech fundamental ratios Accounts
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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.
Other Information on Investing in POLICYBZR Stock
Balance Sheet is a snapshot of the
financial position of PB Fintech Limited at a specified time, usually calculated after every quarter, six months, or one year. PB Fintech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PB Fintech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which POLICYBZR currently owns. An asset can also be divided into two categories, current and non-current.