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 Reconciled Depreciation and its Total Operating Expenses 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.
Reconciled Depreciation vs Total Operating Expenses
Reconciled Depreciation vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pintec Technology Reconciled Depreciation account and
Total Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pintec Technology's Reconciled Depreciation and Total Operating Expenses is 0.37. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Operating Expenses 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 Reconciled Depreciation and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Pintec Technology Holdings are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Pintec Technology's Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Reconciled Depreciation
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Expenses | 151.8M | 93.4M | 56.2M | 53.4M | Cost Of Revenue | 89.7M | 62.7M | 38.2M | 36.3M |
Pintec Technology fundamental ratios Correlations
Click cells to compare fundamentals
Pintec Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pintec Technology fundamental ratios Accounts
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Additional Tools for Pintec Stock Analysis
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