| 0FQR Stock | | | 154.50 0.10 0.06% |
Pfeiffer Vacuum financial indicator trend analysis is much more than just breaking down Pfeiffer Vacuum Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pfeiffer Vacuum Tech is a good investment. Please check the relationship between Pfeiffer Vacuum Cash and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pfeiffer Vacuum Technology. 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.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pfeiffer Vacuum Tech Cash account and
Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pfeiffer Vacuum's Cash and Long Term Debt is -0.52. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Pfeiffer Vacuum Technology, assuming nothing else is changed. The correlation between historical values of Pfeiffer Vacuum's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Pfeiffer Vacuum Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Pfeiffer Vacuum's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Pfeiffer Vacuum Tech, which is listed under current asset account on Pfeiffer Vacuum Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pfeiffer Vacuum customers. The amounts must be unrestricted with restricted cash listed in a different Pfeiffer Vacuum account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Long Term Debt
Long-term debt is a debt that Pfeiffer Vacuum Tech has held for over one year. Long-term debt appears on Pfeiffer Vacuum Technology 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 Pfeiffer Vacuum Technology 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.
Most indicators from Pfeiffer Vacuum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pfeiffer Vacuum Tech 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pfeiffer Vacuum Technology. 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.
Tax Provision is likely to gain to about 14.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 126.1
M in 2024.
Pfeiffer Vacuum fundamental ratios Correlations
Click cells to compare fundamentals
Pfeiffer Vacuum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pfeiffer Vacuum fundamental ratios Accounts
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Additional Tools for Pfeiffer Stock Analysis
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measure Pfeiffer Vacuum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pfeiffer Vacuum is operating at the current time. Most of Pfeiffer Vacuum's value examination focuses on studying past and present price action to
predict the probability of Pfeiffer Vacuum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pfeiffer Vacuum's price. Additionally, you may evaluate how the addition of Pfeiffer Vacuum to your portfolios can decrease your overall portfolio volatility.