Pylon Intangible Assets vs Total Current Assets Analysis

688063 Stock   38.00  0.86  2.21%   
Pylon Technologies financial indicator trend analysis is much more than just breaking down Pylon Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pylon Technologies is a good investment. Please check the relationship between Pylon Technologies Intangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pylon Technologies Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pylon Technologies Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pylon Technologies' Intangible Assets and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Pylon Technologies Co, assuming nothing else is changed. The correlation between historical values of Pylon Technologies' Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Pylon Technologies Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Pylon Technologies' Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Pylon Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pylon Technologies 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 Pylon Technologies Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 199.1 M, whereas Tax Provision is forecasted to decline to about 86.3 M.
 2022 2024 2025 (projected)
Interest Expense24.0M33.4M35.0M
Depreciation And Amortization211.4M243.1M255.3M

Pylon Technologies fundamental ratios Correlations

0.980.10.730.990.99-0.370.990.740.960.990.30.880.860.980.740.790.910.921.00.980.970.850.840.990.49
0.980.270.840.950.97-0.30.990.840.890.970.420.850.830.940.840.860.890.980.971.00.970.830.920.950.64
0.10.270.72-0.010.03-0.230.250.71-0.090.060.720.29-0.01-0.080.70.440.30.460.120.260.170.30.550.00.87
0.730.840.720.650.69-0.340.831.00.570.710.670.750.650.610.990.870.780.930.740.830.770.780.970.660.89
0.990.95-0.010.650.99-0.380.960.660.990.990.230.870.860.990.660.740.890.870.990.950.950.830.781.00.38
0.990.970.030.690.99-0.270.970.70.951.00.220.820.870.990.690.780.850.90.990.970.980.790.820.990.43
-0.37-0.3-0.23-0.34-0.38-0.27-0.38-0.34-0.49-0.28-0.51-0.75-0.26-0.22-0.35-0.23-0.69-0.32-0.41-0.3-0.22-0.7-0.29-0.37-0.28
0.990.990.250.830.960.97-0.380.830.920.980.390.890.840.940.830.830.920.970.990.990.980.860.910.960.61
0.740.840.711.00.660.7-0.340.830.580.710.660.750.660.620.990.880.780.930.750.840.780.780.980.670.88
0.960.89-0.090.570.990.95-0.490.920.580.950.190.890.840.950.580.670.890.80.970.890.90.840.70.980.3
0.990.970.060.710.991.0-0.280.980.710.950.250.830.870.990.710.790.860.910.990.980.980.80.830.990.46
0.30.420.720.670.230.22-0.510.390.660.190.250.530.230.120.730.540.590.510.320.40.220.60.530.230.8
0.880.850.290.750.870.82-0.750.890.750.890.830.530.720.770.750.710.990.850.90.850.80.960.790.870.58
0.860.83-0.010.650.860.87-0.260.840.660.840.870.230.720.860.670.810.750.760.860.830.820.820.790.860.27
0.980.94-0.080.610.990.99-0.220.940.620.950.990.120.770.860.610.730.810.850.970.940.960.740.760.990.33
0.740.840.70.990.660.69-0.350.830.990.580.710.730.750.670.610.890.80.920.740.840.760.80.960.670.89
0.790.860.440.870.740.78-0.230.830.880.670.790.540.710.810.730.890.770.880.790.850.80.780.910.750.67
0.910.890.30.780.890.85-0.690.920.780.890.860.590.990.750.810.80.770.880.920.890.820.960.820.890.62
0.920.980.460.930.870.9-0.320.970.930.80.910.510.850.760.850.920.880.880.930.980.940.830.970.880.77
1.00.970.120.740.990.99-0.410.990.750.970.990.320.90.860.970.740.790.920.930.980.970.870.850.990.5
0.981.00.260.830.950.97-0.30.990.840.890.980.40.850.830.940.840.850.890.980.980.980.830.920.950.63
0.970.970.170.770.950.98-0.220.980.780.90.980.220.80.820.960.760.80.820.940.970.980.750.880.950.53
0.850.830.30.780.830.79-0.70.860.780.840.80.60.960.820.740.80.780.960.830.870.830.750.810.830.55
0.840.920.550.970.780.82-0.290.910.980.70.830.530.790.790.760.960.910.820.970.850.920.880.810.790.78
0.990.950.00.661.00.99-0.370.960.670.980.990.230.870.860.990.670.750.890.880.990.950.950.830.790.4
0.490.640.870.890.380.43-0.280.610.880.30.460.80.580.270.330.890.670.620.770.50.630.530.550.780.4
Click cells to compare fundamentals

Pylon Technologies Account Relationship Matchups

Pylon Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.2B4.3B8.1B12.1B14.0B14.6B
Short Long Term Debt Total41.0M55.9M334.7M702.1M807.4M847.7M
Other Current Liab72.6M124.8M437.7M283.0K325.5K309.2K
Total Current Liabilities474.6M1.1B3.4B1.6B1.8B1.2B
Total Stockholder Equity2.7B3.0B4.3B9.5B11.0B11.5B
Property Plant And Equipment Net304.3M833.0M1.7B3.0B3.4B3.6B
Net Debt(72.7M)(2.2B)(900.2M)(560.2M)(504.1M)(529.3M)
Retained Earnings354.6M576.1M1.7B1.8B2.0B2.1B
Accounts Payable346.1M829.1M2.6B1.2B1.4B860.6M
Cash2.3B1.2B1.3B4.3B4.9B5.2B
Non Current Assets Total400.6M1.1B2.1B3.5B4.0B4.2B
Non Currrent Assets Other63.1M212.4M170.4M29.8M34.2M32.5M
Cash And Short Term Investments113.7M2.3B1.4B2.0B2.3B2.4B
Common Stock Shares Outstanding116.3M155.0M155.4M245.9M282.8M158.1M
Liabilities And Stockholders Equity796.9M3.2B4.3B8.1B9.3B9.8B
Non Current Liabilities Total5.6M157.4M362.1M997.7M1.1B1.2B
Inventory190.0M687.2M1.4B706.9M812.9M532.2M
Other Current Assets83.2M198.1M290.2M251.5M289.3M179.3M
Other Stockholder Equity234.9M2.2B2.2B2.5B2.8B3.0B
Total Liab480.2M1.3B3.8B2.6B3.0B3.1B
Total Current Assets2.8B3.2B6.0B8.7B9.9B10.4B
Short Term Debt41.0M55.9M185.0M414.8M477.0M500.9M
Intangible Assets20.7M24.0M141.2M156.4M179.9M188.9M
Net Receivables252.1M559.1M2.0B1.3B1.5B934.9M
Net Invested Capital2.8B3.2B4.7B9.6B11.0B11.6B
Short Long Term Debt55.9M185.0M414.8M76.5M87.9M170.1M
Net Working Capital2.3B2.0B2.5B7.0B8.1B8.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Pylon Stock

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