POLICYBZR Net Tangible Assets vs Total Current Liabilities Analysis

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 Net Tangible 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.

Net Tangible Assets vs Total Current Liabilities

Net Tangible 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 Net Tangible 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 Net Tangible Assets and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Net Tangible 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 Net Tangible 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 Net Tangible 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 Net Tangible Assets i.e., PB Fintech's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

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.

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.
 2021 2022 2023 2024 (projected)
Gross Profit8.2B10.2B17.9B18.8B
Total Revenue14.2B25.6B34.4B36.1B

PB Fintech fundamental ratios Correlations

0.860.961.00.930.03-0.950.960.350.80.550.860.970.890.780.970.831.00.960.980.780.920.950.92-0.260.89
0.860.90.850.880.05-0.950.880.360.950.70.820.780.980.750.770.60.840.890.80.790.910.830.95-0.290.81
0.960.90.950.990.02-0.950.990.380.870.510.950.870.920.850.860.690.941.00.90.870.870.930.88-0.140.92
1.00.850.950.920.04-0.940.950.340.790.550.840.970.880.760.970.851.00.950.990.760.930.950.92-0.280.88
0.930.880.990.92-0.11-0.940.980.50.830.410.950.860.890.920.830.70.920.990.880.910.830.940.85-0.060.97
0.030.050.020.04-0.110.020.02-0.910.220.49-0.07-0.070.12-0.250.06-0.12-0.01-0.03-0.05-0.390.17-0.150.080.1-0.27
-0.95-0.95-0.95-0.94-0.940.02-0.96-0.43-0.89-0.58-0.86-0.91-0.97-0.84-0.89-0.75-0.95-0.96-0.92-0.84-0.95-0.92-0.970.23-0.91
0.960.880.990.950.980.02-0.960.380.860.480.950.880.920.870.870.720.950.990.910.870.880.920.88-0.10.93
0.350.360.380.340.5-0.91-0.430.380.18-0.210.430.420.30.590.290.40.390.430.410.710.230.510.32-0.140.63
0.80.950.870.790.830.22-0.890.860.180.740.840.660.970.650.670.460.770.850.70.750.870.720.88-0.270.7
0.550.70.510.550.410.49-0.580.48-0.210.740.440.470.710.130.530.420.510.470.490.210.750.370.74-0.520.25
0.860.820.950.840.95-0.07-0.860.950.430.840.440.730.850.810.710.590.830.950.770.90.760.810.76-0.080.88
0.970.780.870.970.86-0.07-0.910.880.420.660.470.730.810.760.990.920.980.881.00.690.890.940.9-0.270.87
0.890.980.920.880.890.12-0.970.920.30.970.710.850.810.740.80.630.880.910.830.790.940.830.96-0.270.81
0.780.750.850.760.92-0.25-0.840.870.590.650.130.810.760.740.710.640.790.880.770.850.680.850.70.230.97
0.970.770.860.970.830.06-0.890.870.290.670.530.710.990.80.710.910.980.870.990.620.910.910.9-0.260.82
0.830.60.690.850.7-0.12-0.750.720.40.460.420.590.920.630.640.910.860.710.910.490.810.760.78-0.160.75
1.00.840.941.00.92-0.01-0.950.950.390.770.510.830.980.880.790.980.860.950.990.770.920.960.92-0.250.9
0.960.891.00.950.99-0.03-0.960.990.430.850.470.950.880.910.880.870.710.950.910.880.860.950.88-0.130.94
0.980.80.90.990.88-0.05-0.920.910.410.70.490.771.00.830.770.990.910.990.910.720.910.950.91-0.260.88
0.780.790.870.760.91-0.39-0.840.870.710.750.210.90.690.790.850.620.490.770.880.720.650.830.7-0.150.9
0.920.910.870.930.830.17-0.950.880.230.870.750.760.890.940.680.910.810.920.860.910.650.820.99-0.30.78
0.950.830.930.950.94-0.15-0.920.920.510.720.370.810.940.830.850.910.760.960.950.950.830.820.86-0.220.93
0.920.950.880.920.850.08-0.970.880.320.880.740.760.90.960.70.90.780.920.880.910.70.990.86-0.360.8
-0.26-0.29-0.14-0.28-0.060.10.23-0.1-0.14-0.27-0.52-0.08-0.27-0.270.23-0.26-0.16-0.25-0.13-0.26-0.15-0.3-0.22-0.360.03
0.890.810.920.880.97-0.27-0.910.930.630.70.250.880.870.810.970.820.750.90.940.880.90.780.930.80.03
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PB Fintech Account Relationship Matchups

PB Fintech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.8B23.3B59.2B62.5B67.3B34.1B
Other Current Liab697M1.1B1.2B2.1B2.6B2.8B
Total Current Liabilities2.0B2.2B3.4B5.5B6.0B3.1B
Total Stockholder Equity12.7B19.9B54.1B54.8B58.7B29.7B
Property Plant And Equipment Net1.4B1.2B1.8B2.7B3.2B1.6B
Net Debt(7.4B)(3.3B)(2.1B)1.5B(715.3M)(751.1M)
Retained Earnings(9.3B)(10.9B)(19.2B)(24.0B)(23.4B)(22.2B)
Accounts Payable1.2B1.0B2.0B3.1B3.0B1.7B
Cash8.5B4.4B3.7B723.4M3.2B3.1B
Non Current Assets Total2.7B1.9B3.4B21.3B19.1B20.0B
Non Currrent Assets Other(1.5B)(1.2B)934.1M1.6B3.4B3.6B
Other Assets1.2B664.2M934.7M1.6B1.9B1.0B
Cash And Short Term Investments11.1B19.5B51.6B34.0B41.0B23.4B
Net Receivables1.8B1.8B3.6B6.8B6.5B6.8B
Common Stock Shares Outstanding350.4M365.3M409.5M444.9M461.9M350.9M
Short Term Investments2.5B15.1B47.9B33.3B37.7B20.4B
Liabilities And Stockholders Equity15.8B23.3B59.2B62.5B67.3B34.1B
Other Current Assets268.6M109.5M1.2B386.9M727M427.3M
Other Stockholder Equity20.9B29.2B72.4B69.8B71.1B39.8B
Total Liab3.1B3.4B5.0B7.7B8.5B4.4B
Total Current Assets13.1B21.4B55.7B41.2B48.2B27.0B
Accumulated Other Comprehensive Income1.1B1.5B4.7B8.1B10.1B10.6B
Intangible Assets56.8M36.1M26.0M58.0M55.5M37.0M
Common Stock11.1M12.4M899M900.2M902.4M947.5M
Other Liab94.8M136.2M222.1M249.4M286.8M169.4M
Net Tangible Assets4.9B12.6B19.9B53.9B61.9B65.0B
Property Plant Equipment1.2B1.4B1.2B1.8B2.1B1.3B
Short Long Term Debt Total1.1B1.1B1.6B2.3B2.5B1.7B
Current Deferred Revenue701.4M1.1B1.2B1.5B9.4M8.9M
Non Current Liabilities Total1.1B1.2B1.7B2.2B2.5B1.7B
Capital Lease Obligations1.1B1.1B1.6B2.3B2.5B1.7B
Net Invested Capital12.7B19.9B54.1B54.8B58.7B37.6B
Capital Stock11.1M12.4M899M900.2M902.4M501.2M
Net Working Capital11.1B19.2B52.3B35.7B42.2B30.1B
Short Term Debt338M128.6M178.7M328.4M392.5M294.9M

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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.