Pylon Total Assets vs Total Current Liabilities 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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pylon Technologies Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pylon Technologies' Total Assets and Total Current Liabilities is 0.73. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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' Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Pylon Technologies Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Pylon Technologies' Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Pylon Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Pylon Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Pylon Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pylon Technologies Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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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.