PSPPROJECT | | | 642.70 2.85 0.44% |
PSP Projects financial indicator trend analysis is much more than just breaking down PSP Projects Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PSP Projects Limited is a good investment. Please check the relationship between PSP Projects Long Term Debt and its Inventory accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PSP Projects 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 metropolitan statistical area.
Long Term Debt vs Inventory
Long Term Debt vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PSP Projects Limited Long Term Debt account and
Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PSP Projects' Long Term Debt and Inventory is 0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of PSP Projects Limited, assuming nothing else is changed. The correlation between historical values of PSP Projects' Long Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of PSP Projects Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Long Term Debt i.e., PSP Projects' Long Term Debt and Inventory go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that PSP Projects Limited has held for over one year. Long-term debt appears on PSP Projects Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PSP Projects Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Inventory
Most indicators from PSP Projects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PSP Projects 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 PSP Projects 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 metropolitan statistical area.
Selling General Administrative is expected to hike to about 1.9
B this year, although the value of
Tax Provision will most likely fall to nearly 419
M.
PSP Projects fundamental ratios Correlations
Click cells to compare fundamentals
PSP Projects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PSP Projects fundamental ratios Accounts
Also Currently Popular
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 PSP Stock
Balance Sheet is a snapshot of the
financial position of PSP Projects Limited at a specified time, usually calculated after every quarter, six months, or one year. PSP Projects Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PSP Projects 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 PSP currently owns. An asset can also be divided into two categories, current and non-current.