Perseus Inventory vs Non Current Assets Total Analysis

PRU Stock   2.62  0.03  1.13%   
Perseus Mining financial indicator trend analysis is much more than just breaking down Perseus Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perseus Mining is a good investment. Please check the relationship between Perseus Mining Inventory and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perseus Mining. 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.

Inventory vs Non Current Assets Total

Inventory vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perseus Mining Inventory account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Perseus Mining's Inventory and Non Current Assets Total is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Perseus Mining, assuming nothing else is changed. The correlation between historical values of Perseus Mining's Inventory and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Perseus Mining are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Inventory i.e., Perseus Mining's Inventory and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Perseus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perseus Mining 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 Perseus Mining. 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.
At this time, Perseus Mining's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 71.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 44.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization215.3M219.9M95.2M68.7M
Total Revenue1.1B1.4B1.5B1.6B

Perseus Mining fundamental ratios Correlations

0.880.630.950.85-0.140.730.70.74-0.490.97-0.520.40.970.080.590.750.850.81-0.470.960.650.71-0.770.430.85
0.880.480.920.65-0.230.790.650.64-0.10.9-0.320.220.90.140.410.790.790.65-0.460.840.470.63-0.760.420.78
0.630.480.540.810.420.290.940.96-0.420.55-0.930.940.6-0.70.970.490.630.73-0.160.610.980.83-0.150.120.69
0.950.920.540.7-0.20.810.680.71-0.320.98-0.360.280.980.130.450.80.860.73-0.550.940.530.66-0.820.480.86
0.850.650.810.70.120.440.730.79-0.680.72-0.830.720.75-0.230.860.440.610.85-0.260.810.870.72-0.450.240.68
-0.14-0.230.42-0.20.12-0.330.330.290.01-0.2-0.490.53-0.15-0.680.43-0.02-0.170.010.16-0.150.410.270.65-0.23-0.1
0.730.790.290.810.44-0.330.490.5-0.040.81-0.030.020.780.230.20.690.730.48-0.540.70.290.62-0.780.790.73
0.70.650.940.680.730.330.490.98-0.220.7-0.780.780.73-0.580.850.710.780.69-0.260.670.890.89-0.320.270.79
0.740.640.960.710.790.290.50.98-0.330.72-0.810.820.76-0.570.880.650.770.75-0.320.730.920.9-0.360.290.8
-0.49-0.1-0.42-0.32-0.680.01-0.04-0.22-0.33-0.330.56-0.46-0.350.0-0.520.02-0.21-0.650.03-0.51-0.5-0.20.25-0.1-0.28
0.970.90.550.980.72-0.20.810.70.72-0.33-0.370.280.990.140.460.810.880.73-0.550.940.530.71-0.840.510.85
-0.52-0.32-0.93-0.36-0.83-0.49-0.03-0.78-0.810.56-0.37-0.96-0.440.69-0.98-0.27-0.42-0.680.02-0.51-0.96-0.66-0.010.09-0.49
0.40.220.940.280.720.530.020.780.82-0.460.28-0.960.34-0.820.970.210.370.61-0.030.410.950.670.11-0.060.47
0.970.90.60.980.75-0.150.780.730.76-0.350.99-0.440.340.070.510.830.890.74-0.540.950.580.72-0.790.480.86
0.080.14-0.70.13-0.23-0.680.23-0.58-0.570.00.140.69-0.820.07-0.68-0.06-0.12-0.17-0.140.05-0.66-0.47-0.480.21-0.2
0.590.410.970.450.860.430.20.850.88-0.520.46-0.980.970.51-0.680.340.510.72-0.10.570.990.76-0.090.070.6
0.750.790.490.80.44-0.020.690.710.650.020.81-0.270.210.83-0.060.340.920.51-0.270.670.430.66-0.570.450.8
0.850.790.630.860.61-0.170.730.780.77-0.210.88-0.420.370.89-0.120.510.920.68-0.360.810.590.76-0.720.460.93
0.810.650.730.730.850.010.480.690.75-0.650.73-0.680.610.74-0.170.720.510.68-0.130.790.770.71-0.530.30.75
-0.47-0.46-0.16-0.55-0.260.16-0.54-0.26-0.320.03-0.550.02-0.03-0.54-0.14-0.1-0.27-0.36-0.13-0.64-0.15-0.330.54-0.17-0.49
0.960.840.610.940.81-0.150.70.670.73-0.510.94-0.510.410.950.050.570.670.810.79-0.640.630.68-0.770.370.86
0.650.470.980.530.870.410.290.890.92-0.50.53-0.960.950.58-0.660.990.430.590.77-0.150.630.82-0.160.120.68
0.710.630.830.660.720.270.620.890.9-0.20.71-0.660.670.72-0.470.760.660.760.71-0.330.680.82-0.40.440.79
-0.77-0.76-0.15-0.82-0.450.65-0.78-0.32-0.360.25-0.84-0.010.11-0.79-0.48-0.09-0.57-0.72-0.530.54-0.77-0.16-0.4-0.51-0.67
0.430.420.120.480.24-0.230.790.270.29-0.10.510.09-0.060.480.210.070.450.460.3-0.170.370.120.44-0.510.35
0.850.780.690.860.68-0.10.730.790.8-0.280.85-0.490.470.86-0.20.60.80.930.75-0.490.860.680.79-0.670.35
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Perseus Mining Account Relationship Matchups

Perseus Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B2.0B2.4B1.3B814.5M
Total Current Liabilities109.8M124.6M168.1M172.2M99.8M75.7M
Total Stockholder Equity866.8M1.0B1.5B1.9B2.4B2.5B
Accounts Payable100.1M120.0M148.2M151.3M85.9M60.5M
Cash218.2M181.5M426.8M728.9M358.9M376.8M
Net Receivables1.1M8.2M8.3M2.0M46.3M48.7M
Total Liab420.2M350.5M346.5M270.2M137.6M156.8M
Property Plant Equipment868.0M990.4M1.3B1.3B1.5B1.6B
Other Current Liab9.7M2.8M9.4M(49.8M)2.3M2.2M
Property Plant And Equipment Net868.0M990.4M1.3B1.3B712.5M553.9M
Net Debt1.3M(44.1M)(340.3M)(725.0M)(799.1M)(759.2M)
Retained Earnings32.8M149.0M372.6M763.1M1.3B1.3B
Non Current Assets Total868.7M991.2M1.3B1.3B863.8M579.1M
Other Assets64.3M15.1M63.0M138.9M(574.8M)(546.1M)
Cash And Short Term Investments218.2M181.5M426.8M728.9M804.9M845.2M
Common Stock Shares Outstanding1.2B1.2B1.3B1.4B1.4B748.2M
Liabilities And Stockholders Equity1.3B1.4B2.0B2.4B1.3B860.2M
Other Current Assets26.4M42.0M31.9M91.0M42.2M44.3M
Other Stockholder Equity1.0(999.4M)(1.4B)29.5M193.3K203.0K
Property Plant And Equipment Gross868.0M1.8B2.1B2.3B1.2B721.3M
Total Current Assets362.7M403.3M618.8M969.2M1.0B1.1B
Accumulated Other Comprehensive Income57.5M32.0M43.7M123.9M(156.0M)(148.2M)
Other Liab92.2M90.2M102.4M96.7M111.2M116.8M
Non Currrent Assets Other(868.7M)(991.2M)(1.3B)(1.3B)129.9M136.4M
Non Current Liabilities Total217.7M133.2M72.5M99.4M37.7M72.1M
Inventory117.1M178.5M158.9M166.9M166.9M96.2M
Short Long Term Debt Total219.5M137.4M86.5M3.9M2.2M2.0M
Current Deferred Revenue(1.3M)(1.7M)(10.4M)(2.5M)7.1M7.4M
Short Term Debt1.3M1.7M10.4M1.7M1.1M1.1M
Short Term Investments41.7M112.5M0.0446.1M513.0M538.6M
Net Tangible Assets866.8M1.0B1.5B1.9B2.2B2.3B
Long Term Investments667K797K24.7M23.9M21.4M22.4M
Long Term Debt Total218.2M135.7M76.1M1.4M1.6M1.5M
Net Invested Capital1.1B1.2B1.5B1.9B1.1B1.3B
Net Working Capital252.9M278.7M450.7M797.0M363.7M330.5M

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