Pason Cost Of Revenue vs Depreciation And Amortization Analysis

PSI Stock

CAD 14.17 0.06 0.42%

Pason Systems financial indicator trend analysis is much more than just breaking down Pason Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pason Systems is a good investment. Please check the relationship between Pason Systems Cost Of Revenue and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pason Systems. 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.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pason Systems Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Pason Systems' Cost Of Revenue and Depreciation And Amortization is 0.87. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Pason Systems, assuming nothing else is changed. The correlation between historical values of Pason Systems' Cost Of Revenue 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 Cost Of Revenue of Pason Systems 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 Cost Of Revenue i.e., Pason Systems' Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Pason Systems income statement and represents the costs associated with goods and services Pason Systems provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Pason Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pason Systems 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 Pason Systems. 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, Pason Systems' Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 36.1 M, while Issuance Of Capital Stock is likely to drop about 124.8 K.

	2021	2022	2023	2024 (projected)
Gross Profit	93.3M	191.7M	203.7M	113.8M
Total Revenue	206.7M	335.0M	369.3M	226.9M

Gross Profit Total Revenue

Pason Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.06	0.58	0.63	0.98	0.82	-0.74	0.73	0.46	0.76	0.91	-0.07	0.79	0.83	0.83	0.48	-0.07	0.22	0.71	0.28	0.92	0.14	0.27	0.57	0.78	0.54
Short Long Term Debt Total	0.06		0.18	0.08	0.01	-0.27	-0.18	-0.33	-0.11	0.21	-0.03	-0.28	0.21	-0.14	0.19	0.55	0.51	0.28	0.27	0.43	0.14	-0.18	0.34	-0.53	0.28	0.64
Other Current Liab	0.58	0.18		0.89	0.44	0.45	-0.14	0.57	0.45	0.19	0.6	-0.45	0.26	0.64	0.43	0.47	0.36	0.07	0.92	0.23	0.47	0.69	0.08	0.45	0.49	0.44
Total Current Liabilities	0.63	0.08	0.89		0.5	0.52	-0.19	0.64	0.75	0.21	0.62	-0.47	0.28	0.81	0.5	0.25	0.35	0.3	0.93	0.28	0.54	0.65	0.04	0.46	0.57	0.37
Total Stockholder Equity	0.98	0.01	0.44	0.5		0.82	-0.76	0.7	0.39	0.78	0.9	0.05	0.8	0.77	0.82	0.41	-0.16	0.2	0.57	0.26	0.91	0.03	0.3	0.55	0.75	0.5
Property Plant And Equipment Net	0.82	-0.27	0.45	0.52	0.82		-0.45	0.94	0.53	0.4	0.94	0.15	0.37	0.79	0.62	0.13	-0.24	0.09	0.49	0.03	0.57	0.32	0.06	0.84	0.58	0.21
Net Debt	-0.74	-0.18	-0.14	-0.19	-0.76	-0.45		-0.26	-0.01	-0.94	-0.5	-0.02	-0.92	-0.44	-0.81	-0.63	0.14	-0.09	-0.4	-0.28	-0.84	0.28	-0.33	-0.14	-0.69	-0.41
Retained Earnings	0.73	-0.33	0.57	0.64	0.7	0.94	-0.26		0.66	0.22	0.89	0.07	0.21	0.76	0.43	0.04	-0.07	0.1	0.55	0.09	0.45	0.5	0.02	0.82	0.52	0.15
Accounts Payable	0.46	-0.11	0.45	0.75	0.39	0.53	-0.01	0.66		-0.03	0.54	-0.31	0.02	0.67	0.27	-0.2	0.32	0.58	0.55	0.29	0.3	0.47	0.04	0.38	0.41	0.23
Cash	0.76	0.21	0.19	0.21	0.78	0.4	-0.94	0.22	-0.03		0.5	-0.07	0.98	0.43	0.74	0.68	-0.23	0.13	0.43	0.16	0.89	-0.25	0.19	0.18	0.57	0.45
Non Current Assets Total	0.91	-0.03	0.6	0.62	0.9	0.94	-0.5	0.89	0.54	0.5		-0.03	0.5	0.78	0.71	0.32	-0.09	0.24	0.64	0.21	0.69	0.34	0.19	0.73	0.68	0.48
Non Currrent Assets Other	-0.07	-0.28	-0.45	-0.47	0.05	0.15	-0.02	0.07	-0.31	-0.07	-0.03		-0.12	-0.04	-0.13	-0.35	-0.25	-0.58	-0.53	-0.07	-0.09	-0.48	0.23	0.07	0.01	-0.47
Cash And Short Term Investments	0.79	0.21	0.26	0.28	0.8	0.37	-0.92	0.21	0.02	0.98	0.5	-0.12		0.47	0.75	0.65	-0.15	0.14	0.48	0.24	0.93	-0.24	0.26	0.14	0.61	0.51
Net Receivables	0.83	-0.14	0.64	0.81	0.77	0.79	-0.44	0.76	0.67	0.43	0.78	-0.04	0.47		0.69	0.14	0.01	0.1	0.73	0.16	0.74	0.34	0.08	0.67	0.68	0.25
Common Stock Shares Outstanding	0.83	0.19	0.43	0.5	0.82	0.62	-0.81	0.43	0.27	0.74	0.71	-0.13	0.75	0.69		0.49	-0.07	0.26	0.6	0.33	0.82	0.06	0.35	0.37	0.82	0.54
Non Current Liabilities Total	0.48	0.55	0.47	0.25	0.41	0.13	-0.63	0.04	-0.2	0.68	0.32	-0.35	0.65	0.14	0.49		0.19	0.0	0.59	0.28	0.55	-0.02	0.26	-0.03	0.41	0.59
Inventory	-0.07	0.51	0.36	0.35	-0.16	-0.24	0.14	-0.07	0.32	-0.23	-0.09	-0.25	-0.15	0.01	-0.07	0.19		0.11	0.36	0.65	-0.04	0.1	0.42	-0.5	0.18	0.4
Other Stockholder Equity	0.22	0.28	0.07	0.3	0.2	0.09	-0.09	0.1	0.58	0.13	0.24	-0.58	0.14	0.1	0.26	0.0	0.11		0.25	0.27	0.17	0.21	0.11	-0.05	0.25	0.44
Total Liab	0.71	0.27	0.92	0.93	0.57	0.49	-0.4	0.55	0.55	0.43	0.64	-0.53	0.48	0.73	0.6	0.59	0.36	0.25		0.34	0.66	0.54	0.13	0.38	0.64	0.54
Property Plant And Equipment Gross	0.28	0.43	0.23	0.28	0.26	0.03	-0.28	0.09	0.29	0.16	0.21	-0.07	0.24	0.16	0.33	0.28	0.65	0.27	0.34		0.31	-0.13	0.72	-0.38	0.65	0.57
Total Current Assets	0.92	0.14	0.47	0.54	0.91	0.57	-0.84	0.45	0.3	0.89	0.69	-0.09	0.93	0.74	0.82	0.55	-0.04	0.17	0.66	0.31		-0.06	0.31	0.32	0.75	0.51
Short Term Debt	0.14	-0.18	0.69	0.65	0.03	0.32	0.28	0.5	0.47	-0.25	0.34	-0.48	-0.24	0.34	0.06	-0.02	0.1	0.21	0.54	-0.13	-0.06		-0.39	0.56	0.08	0.07
Other Current Assets	0.27	0.34	0.08	0.04	0.3	0.06	-0.33	0.02	0.04	0.19	0.19	0.23	0.26	0.08	0.35	0.26	0.42	0.11	0.13	0.72	0.31	-0.39		-0.28	0.58	0.26
Intangible Assets	0.57	-0.53	0.45	0.46	0.55	0.84	-0.14	0.82	0.38	0.18	0.73	0.07	0.14	0.67	0.37	-0.03	-0.5	-0.05	0.38	-0.38	0.32	0.56	-0.28		0.25	-0.12
Current Deferred Revenue	0.78	0.28	0.49	0.57	0.75	0.58	-0.69	0.52	0.41	0.57	0.68	0.01	0.61	0.68	0.82	0.41	0.18	0.25	0.64	0.65	0.75	0.08	0.58	0.25		0.47
Good Will	0.54	0.64	0.44	0.37	0.5	0.21	-0.41	0.15	0.23	0.45	0.48	-0.47	0.51	0.25	0.54	0.59	0.4	0.44	0.54	0.57	0.51	0.07	0.26	-0.12	0.47

Click cells to compare fundamentals

Pason Systems Account Relationship Matchups

Pason Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	437.8M	361.4M	379.9M	469.9M	487.9M	335.1M
Short Long Term Debt Total	14.8M	6.2M	7.3M	5.5M	13.0M	7.7M
Other Current Liab	43.3M	21.8M	25.5M	45.5M	39.1M	23.3M
Total Current Liabilities	58.3M	29.4M	42.5M	70.9M	55.3M	42.5M
Total Stockholder Equity	346.8M	307.1M	311.5M	386.5M	408.1M	275.8M
Property Plant And Equipment Net	118.5M	95.0M	82.3M	97.7M	121.1M	131.4M
Net Debt	(146.2M)	(143.1M)	(151.0M)	(126.5M)	(158.8M)	(150.8M)
Retained Earnings	99.8M	63.6M	72.6M	137.9M	172.9M	158.2M
Accounts Payable	8.5M	3.6M	8.6M	20.7M	14.2M	14.9M
Cash	161.0M	149.3M	158.3M	132.1M	171.8M	91.9M
Non Current Assets Total	195.8M	164.6M	153.4M	185.2M	220.0M	170.9M
Non Currrent Assets Other	(187.0M)	(158.8M)	(148.8M)	(181.1M)	4.3M	4.6M
Cash And Short Term Investments	161.0M	149.3M	158.3M	172.4M	171.8M	93.9M
Net Receivables	77.4M	44.5M	63.1M	85.8M	66.7M	64.0M
Common Stock Shares Outstanding	85.7M	84.0M	82.9M	82.6M	80.6M	86.0M
Liabilities And Stockholders Equity	437.8M	361.4M	379.9M	469.9M	487.9M	335.1M
Non Current Liabilities Total	33.1M	26.7M	29.7M	18.1M	31.6M	17.5M
Other Stockholder Equity	30.9M	33.2M	34.4M	35.3M	37.1M	20.2M
Total Liab	91.4M	56.1M	72.2M	89.0M	86.9M	60.0M
Property Plant And Equipment Gross	118.5M	95.0M	462.3M	472.6M	478.1M	502.0M
Total Current Assets	242.0M	196.8M	226.6M	284.8M	267.9M	164.2M
Accumulated Other Comprehensive Income	49.5M	45.7M	41.9M	49.1M	71.9M	75.5M
Short Term Debt	3.3M	1.9M	1.8M	1.8M	1.1M	1.1M
Other Current Assets	3.6M	3.0M	5.2M	10.9M	11.6M	12.2M
Intangible Assets	17.5M	12.2M	8.4M	6.3M	5.9M	5.6M
Good Will	33.5M	32.7M	32.6M	33.3M	32.7M	22.8M
Common Stock Total Equity	150.9M	164.7M	166.7M	164.6M	189.3M	145.3M
Common Stock	166.7M	164.6M	162.6M	164.1M	163.3M	153.9M
Other Liab	21.6M	22.5M	24.1M	14.4M	16.5M	20.4M
Net Tangible Assets	304.6M	268.0M	275.0M	350.9M	315.8M	279.9M
Other Assets	8.8M	5.8M	4.5M	4.0M	3.6M	3.4M
Deferred Long Term Liab	8.8M	5.8M	4.5M	4.0M	3.6M	3.4M
Property Plant Equipment	118.5M	95.0M	82.3M	97.7M	87.9M	112.9M
Long Term Debt Total	11.5M	4.2M	5.5M	3.7M	4.3M	3.9M
Cash And Equivalents	104.5M	108.2M	37.6M	54.5M	49.0M	71.0M
Net Invested Capital	346.8M	307.1M	311.5M	386.5M	408.1M	391.8M
Net Working Capital	183.8M	167.4M	184.1M	213.9M	212.6M	161.3M

Pair Trading with Pason Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pason Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pason Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pason Stock

0.76	ENB-PFV	Enbridge Pref 5	Pair Corr
0.65	ENS	E Split Corp	Pair Corr
0.62	ENS-PA	E Split Corp	Pair Corr

Moving against Pason Stock

0.39	VZ	Verizon Communications	Pair Corr
0.34	SAGE	Sage Potash Corp	Pair Corr
0.31	MSFT	Microsoft Corp CDR	Pair Corr

The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pason Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pason Systems to buy it.

The correlation of Pason Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Pason Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Pason Stock

Balance Sheet is a snapshot of the financial position of Pason Systems at a specified time, usually calculated after every quarter, six months, or one year. Pason Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pason Systems 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 Pason currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Pason Cost Of Revenue vs Depreciation And Amortization Analysis

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Depreciation And Amortization

Pason Systems fundamental ratios Correlations

Pason Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pason Systems fundamental ratios Accounts

Pair Trading with Pason Systems

Moving together with Pason Stock

Moving against Pason Stock

Other Information on Investing in Pason Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Cash
Retained Earnings	+ 0.94	Property Plant And Equipment Net
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Total Liab	+ 0.93	Total Current Liabilities
Total Current Assets	+ 0.93	Cash And Short Term Investments

Cash	- 0.94	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt
Total Current Assets	- 0.84	Net Debt
Common Stock Shares Outstanding	- 0.81	Net Debt
Net Debt	- 0.76	Total Stockholder Equity
Net Debt	- 0.74	Total Assets