Pioneer Capital Surpluse vs Total Assets Analysis
MHI Stock | USD 9.62 0.04 0.42% |
Pioneer Municipal financial indicator trend analysis is much more than just breaking down Pioneer Municipal High prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Municipal High is a good investment. Please check the relationship between Pioneer Municipal Capital Surpluse and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Capital Surpluse vs Total Assets
Capital Surpluse vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pioneer Municipal High Capital Surpluse account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pioneer Municipal's Capital Surpluse and Total Assets is 0.79. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Assets in the same time period over historical financial statements of Pioneer Municipal High, assuming nothing else is changed. The correlation between historical values of Pioneer Municipal's Capital Surpluse and Total 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 Capital Surpluse of Pioneer Municipal High are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Surpluse i.e., Pioneer Municipal's Capital Surpluse and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Surpluse
Total Assets
Total assets refers to the total amount of Pioneer Municipal 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 Pioneer Municipal High 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.Most indicators from Pioneer Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Municipal High 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. As of now, Pioneer Municipal's Enterprise Value is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 15.4M | 12.0M | 10.8M | 12.6M | Interest Income | 16.7M | 16.5M | 17.2M | 12.3M |
Pioneer Municipal fundamental ratios Correlations
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Pioneer Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pioneer Municipal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 407.5M | 447.1M | 394.4M | 361.6M | 276.6M | 319.2M | |
Total Stockholder Equity | 280.3M | 299.3M | 248.3M | 231.6M | 221.8M | 245.5M | |
Net Tangible Assets | 287.9M | 280.3M | 299.3M | 248.3M | 223.5M | 255.7M | |
Retained Earnings | (20.7M) | (1.7M) | (52.7M) | (68.0M) | (77.5M) | (73.6M) | |
Other Assets | 107.3K | 1.0K | 104.0 | 1.4K | (865.0K) | (908.2K) | |
Net Receivables | 5.7M | 5.2M | 5.5M | 5.7M | 5.1M | 5.3M | |
Total Liab | 127.2M | 147.9M | 146.1M | 130.0M | 54.8M | 64.0M | |
Long Term Investments | 394.6M | 439.4M | 388.8M | 354.8M | 266.6M | 309.3M | |
Other Current Liab | 91.6K | (2.8M) | (1.1M) | (853.9K) | (4.6M) | (4.3M) | |
Total Current Liabilities | 2.2M | 2.9M | 1.1M | 1.0M | 5.7M | 6.0M | |
Non Current Assets Total | 394.6M | 439.4M | 388.8M | 354.8M | 266.6M | 309.3M | |
Non Currrent Assets Other | (394.6M) | (439.4M) | (388.8M) | (354.8M) | 104.0 | 109.2 | |
Other Stockholder Equity | (280.3M) | (145M) | (248.3M) | (231.6M) | (50M) | (52.5M) | |
Total Current Assets | 12.8M | 7.7M | 5.6M | 6.8M | 10.9M | 8.2M | |
Net Debt | 117.9M | 142.5M | 144.9M | 128.8M | 45.9M | 61.1M | |
Liabilities And Stockholders Equity | 407.5M | 447.1M | 394.4M | 361.6M | 276.6M | 313.2M | |
Other Current Assets | (12.8M) | (7.7M) | 1.7K | 1.7M | 2.1M | 2.2M | |
Accumulated Other Comprehensive Income | 162.9M | 155.3M | 27.6M | 103.3M | 102.6M | 0.0 | |
Non Current Liabilities Total | 139.9K | 125M | 145M | 129M | 4.8M | 4.6M |
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When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Municipal. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.359 | Revenue Per Share 0.754 | Quarterly Revenue Growth 0.044 | Return On Assets 0.028 |
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.