Pintec Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

PT Stock  USD 0.96  0.02  2.04%   
Pintec Technology financial indicator trend analysis is much more than just breaking down Pintec Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pintec Technology is a good investment. Please check the relationship between Pintec Technology Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pintec Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pintec Technology Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pintec Technology's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.48. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Pintec Technology Holdings, assuming nothing else is changed. The correlation between historical values of Pintec Technology's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Pintec Technology Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Pintec Technology's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Pintec Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pintec Technology 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 Pintec Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.64 in 2024, despite the fact that Tax Provision is likely to grow to (13.2 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses151.8M93.4M56.2M53.4M
Cost Of Revenue89.7M62.7M38.2M36.3M

Pintec Technology fundamental ratios Correlations

0.870.360.880.770.64-0.05-0.280.70.190.830.860.630.470.840.89-0.37-0.090.150.830.070.831.00.78-0.53-0.42
0.870.450.970.410.32-0.12-0.340.90.210.970.680.570.80.660.88-0.28-0.14-0.040.97-0.010.920.860.89-0.41-0.78
0.360.450.42-0.05-0.130.39-0.980.08-0.770.490.640.570.030.640.080.690.490.790.580.550.120.320.30.17-0.08
0.880.970.420.510.42-0.28-0.310.840.230.930.650.420.720.630.92-0.26-0.27-0.020.95-0.150.940.890.96-0.55-0.7
0.770.41-0.050.510.84-0.270.110.270.330.320.590.210.010.570.68-0.47-0.240.110.33-0.210.540.80.51-0.630.09
0.640.32-0.130.420.84-0.270.190.270.380.250.440.150.060.430.6-0.49-0.23-0.020.26-0.240.530.670.43-0.540.03
-0.05-0.120.39-0.28-0.27-0.27-0.52-0.26-0.61-0.030.40.71-0.310.43-0.420.350.770.560.00.98-0.42-0.13-0.530.60.27
-0.28-0.34-0.98-0.310.110.19-0.520.020.84-0.4-0.62-0.60.07-0.630.04-0.75-0.59-0.83-0.51-0.650.01-0.23-0.16-0.26-0.01
0.70.90.080.840.270.27-0.260.020.550.890.370.380.950.360.87-0.57-0.36-0.440.82-0.20.930.70.81-0.45-0.93
0.190.21-0.770.230.330.38-0.610.840.550.15-0.28-0.310.55-0.290.55-0.93-0.69-0.90.03-0.690.530.240.35-0.51-0.47
0.830.970.490.930.320.25-0.03-0.40.890.150.660.60.790.660.83-0.25-0.160.00.970.10.870.810.83-0.44-0.78
0.860.680.640.650.590.440.4-0.620.37-0.280.660.840.141.00.530.020.320.580.730.510.490.820.46-0.15-0.12
0.630.570.570.420.210.150.71-0.60.38-0.310.60.840.210.850.30.030.590.460.640.760.290.550.170.17-0.22
0.470.80.030.720.010.06-0.310.070.950.550.790.140.210.130.72-0.48-0.38-0.570.72-0.280.820.480.73-0.31-0.99
0.840.660.640.630.570.430.43-0.630.36-0.290.661.00.850.130.510.030.340.580.720.530.470.80.44-0.12-0.11
0.890.880.080.920.680.6-0.420.040.870.550.830.530.30.720.51-0.6-0.46-0.270.78-0.330.980.910.92-0.7-0.66
-0.37-0.280.69-0.26-0.47-0.490.35-0.75-0.57-0.93-0.250.020.03-0.480.03-0.60.580.74-0.110.42-0.55-0.4-0.30.510.4
-0.09-0.140.49-0.27-0.24-0.230.77-0.59-0.36-0.69-0.160.320.59-0.380.34-0.460.580.64-0.010.73-0.46-0.17-0.430.740.34
0.15-0.040.79-0.020.11-0.020.56-0.83-0.44-0.90.00.580.46-0.570.58-0.270.740.640.110.67-0.310.11-0.160.260.53
0.830.970.580.950.330.260.0-0.510.820.030.970.730.640.720.720.78-0.11-0.010.110.130.830.820.83-0.33-0.72
0.07-0.010.55-0.15-0.21-0.240.98-0.65-0.2-0.690.10.510.76-0.280.53-0.330.420.730.670.13-0.33-0.02-0.40.480.23
0.830.920.120.940.540.53-0.420.010.930.530.870.490.290.820.470.98-0.55-0.46-0.310.83-0.330.860.94-0.62-0.77
1.00.860.320.890.80.67-0.13-0.230.70.240.810.820.550.480.80.91-0.4-0.170.110.82-0.020.860.82-0.58-0.42
0.780.890.30.960.510.43-0.53-0.160.810.350.830.460.170.730.440.92-0.3-0.43-0.160.83-0.40.940.82-0.6-0.7
-0.53-0.410.17-0.55-0.63-0.540.6-0.26-0.45-0.51-0.44-0.150.17-0.31-0.12-0.70.510.740.26-0.330.48-0.62-0.58-0.60.26
-0.42-0.78-0.08-0.70.090.030.27-0.01-0.93-0.47-0.78-0.12-0.22-0.99-0.11-0.660.40.340.53-0.720.23-0.77-0.42-0.70.26
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Pintec Technology Account Relationship Matchups

Pintec Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total1.0B532.8M400.0M349.8M314.8M299.0M
Net Tangible Assets104.6M(135.6M)(234.8M)(411.9M)(370.7M)(352.2M)
Short Term Investments91.4M18.6M12.9M7.5M43K40.9K
Long Term Investments6.4M58.0M108.6M121.9M122.8M35M
Short Long Term Debt721.3M132.8M30K113M101.7M96.6M
Property Plant Equipment14.3M107.2M95.7M89.8M103.3M108.4M
Other Liab18.8M8.8M20.8M13.3M11.9M12.1M
Other Assets192.9M12.6M6.2M5M4.5M4.3M
Long Term Debt21.5M101.5M400M236.8M272.3M298.7M
Net Invested Capital1.0B413.9M175.1M(52.3M)(393.0M)(373.3M)
Non Current Liabilities Other8.7M7.2M19.3M10.8M4.8M4.5M
Net Working Capital78.3M199.3M121.9M(136.8M)(380.1M)(361.1M)

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