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 Total Current Assets and its Cash 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PB Fintech Limited Total Current Assets account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PB Fintech's Total Current Assets and Cash is 0.41. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of PB Fintech Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., PB Fintech's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Cash
Cash refers to the most liquid asset of PB Fintech Limited, which is listed under current asset account on PB Fintech Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from PB Fintech customers. The amounts must be unrestricted with restricted cash listed in a different PB Fintech account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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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.