Page Net Income vs Change In Working Capital Analysis

PAGEIND Stock

40,516 1,354 3.23%

Page Industries financial indicator trend analysis is much more than just breaking down Page Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Page Industries is a good investment. Please check the relationship between Page Industries Net Income and its Change In Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Page Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Page Industries Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Page Industries' Net Income and Change In Working Capital is 0.17. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Page Industries Limited, assuming nothing else is changed. The correlation between historical values of Page Industries' Net Income and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Page Industries Limited are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Page Industries' Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Page Industries financial statement analysis. It represents the amount of money remaining after all of Page Industries Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Page Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Page Industries 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 Page Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

As of March 1, 2025, Selling General Administrative is expected to decline to about 262.1 M. In addition to that, Tax Provision is expected to decline to about 1.7 B

	2022	2023	2024	2025 (projected)
Interest Expense	412.8M	448.9M	516.3M	542.1M
Depreciation And Amortization	780.9M	903.7M	1.0B	1.1B

Interest Expense Depreciation And Amortization

Page Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Term Investments	Short Term Debt	Current Deferred Revenue	Intangible Assets
Total Assets		0.7	0.82	0.98	0.99	0.99	0.54	0.99	0.32	0.99	0.67	0.72	0.89	-0.62	0.75	0.96	0.95	0.31	0.99	1.0	0.42	0.88	0.66	0.14	0.21	0.17
Short Long Term Debt Total	0.7		0.29	0.75	0.64	0.7	0.94	0.65	0.04	0.71	0.42	0.15	0.49	-0.31	0.71	0.8	0.7	0.22	0.77	0.69	0.4	0.58	0.12	0.62	0.29	-0.18
Other Current Liab	0.82	0.29		0.74	0.85	0.85	0.09	0.84	0.47	0.84	0.67	0.88	0.71	-0.67	0.63	0.65	0.8	0.11	0.75	0.8	0.28	0.66	0.82	-0.34	-0.07	0.26
Total Current Liabilities	0.98	0.75	0.74		0.95	0.95	0.59	0.95	0.33	0.95	0.58	0.67	0.87	-0.52	0.68	0.97	0.92	0.29	1.0	0.99	0.41	0.93	0.6	0.27	0.35	0.09
Total Stockholder Equity	0.99	0.64	0.85	0.95		0.99	0.48	1.0	0.31	0.99	0.7	0.74	0.89	-0.66	0.74	0.94	0.95	0.3	0.96	0.99	0.39	0.84	0.69	0.06	0.13	0.24
Property Plant And Equipment Net	0.99	0.7	0.85	0.95	0.99		0.53	0.99	0.32	1.0	0.73	0.71	0.84	-0.67	0.8	0.94	0.97	0.26	0.96	0.98	0.4	0.82	0.66	0.06	0.1	0.15
Net Debt	0.54	0.94	0.09	0.59	0.48	0.53		0.5	-0.31	0.54	0.33	-0.04	0.37	-0.26	0.57	0.67	0.57	0.16	0.6	0.53	0.31	0.41	0.01	0.71	0.13	-0.17
Retained Earnings	0.99	0.65	0.84	0.95	1.0	0.99	0.5		0.28	0.99	0.72	0.73	0.89	-0.67	0.76	0.94	0.96	0.31	0.96	0.99	0.38	0.83	0.69	0.06	0.09	0.23
Cash	0.32	0.04	0.47	0.33	0.31	0.32	-0.31	0.28		0.33	0.14	0.46	0.24	0.01	0.26	0.23	0.22	0.16	0.33	0.32	0.22	0.38	0.25	-0.28	0.46	0.0
Non Current Assets Total	0.99	0.71	0.84	0.95	0.99	1.0	0.54	0.99	0.33		0.72	0.71	0.85	-0.66	0.8	0.94	0.96	0.28	0.97	0.98	0.42	0.82	0.65	0.07	0.11	0.15
Non Currrent Assets Other	0.67	0.42	0.67	0.58	0.7	0.73	0.33	0.72	0.14	0.72		0.61	0.55	-0.68	0.73	0.56	0.72	0.09	0.61	0.64	0.16	0.48	0.64	-0.3	-0.4	0.01
Cash And Short Term Investments	0.72	0.15	0.88	0.67	0.74	0.71	-0.04	0.73	0.46	0.71	0.61		0.73	-0.51	0.46	0.51	0.62	0.15	0.67	0.72	0.25	0.68	0.96	-0.39	0.11	0.27
Net Receivables	0.89	0.49	0.71	0.87	0.89	0.84	0.37	0.89	0.24	0.85	0.55	0.73		-0.53	0.65	0.84	0.75	0.54	0.87	0.9	0.55	0.84	0.71	0.11	0.24	0.29
Common Stock Shares Outstanding	-0.62	-0.31	-0.67	-0.52	-0.66	-0.67	-0.26	-0.67	0.01	-0.66	-0.68	-0.51	-0.53		-0.58	-0.54	-0.67	-0.01	-0.55	-0.6	-0.07	-0.4	-0.53	0.22	0.36	-0.14
Non Current Liabilities Total	0.75	0.71	0.63	0.68	0.74	0.8	0.57	0.76	0.26	0.8	0.73	0.46	0.65	-0.58		0.72	0.7	0.47	0.75	0.72	0.52	0.53	0.44	0.02	-0.09	-0.09
Inventory	0.96	0.8	0.65	0.97	0.94	0.94	0.67	0.94	0.23	0.94	0.56	0.51	0.84	-0.54	0.72		0.92	0.35	0.97	0.97	0.42	0.85	0.45	0.35	0.28	0.12
Other Current Assets	0.95	0.7	0.8	0.92	0.95	0.97	0.57	0.96	0.22	0.96	0.72	0.62	0.75	-0.67	0.7	0.92		0.11	0.93	0.94	0.24	0.79	0.58	0.11	0.03	0.14
Other Stockholder Equity	0.31	0.22	0.11	0.29	0.3	0.26	0.16	0.31	0.16	0.28	0.09	0.15	0.54	-0.01	0.47	0.35	0.11		0.32	0.32	0.36	0.29	0.18	0.15	0.25	0.12
Total Liab	0.99	0.77	0.75	1.0	0.96	0.96	0.6	0.96	0.33	0.97	0.61	0.67	0.87	-0.55	0.75	0.97	0.93	0.32		0.99	0.44	0.91	0.6	0.25	0.31	0.07
Total Current Assets	1.0	0.69	0.8	0.99	0.99	0.98	0.53	0.99	0.32	0.98	0.64	0.72	0.9	-0.6	0.72	0.97	0.94	0.32	0.99		0.41	0.89	0.66	0.16	0.24	0.18
Common Stock	0.42	0.4	0.28	0.41	0.39	0.4	0.31	0.38	0.22	0.42	0.16	0.25	0.55	-0.07	0.52	0.42	0.24	0.36	0.44	0.41		0.35	0.18	0.16	0.23	0.11
Accounts Payable	0.88	0.58	0.66	0.93	0.84	0.82	0.41	0.83	0.38	0.82	0.48	0.68	0.84	-0.4	0.53	0.85	0.79	0.29	0.91	0.89	0.35		0.61	0.24	0.45	-0.06
Short Term Investments	0.66	0.12	0.82	0.6	0.69	0.66	0.01	0.69	0.25	0.65	0.64	0.96	0.71	-0.53	0.44	0.45	0.58	0.18	0.6	0.66	0.18	0.61		-0.38	-0.03	0.27
Short Term Debt	0.14	0.62	-0.34	0.27	0.06	0.06	0.71	0.06	-0.28	0.07	-0.3	-0.39	0.11	0.22	0.02	0.35	0.11	0.15	0.25	0.16	0.16	0.24	-0.38		0.5	-0.09
Current Deferred Revenue	0.21	0.29	-0.07	0.35	0.13	0.1	0.13	0.09	0.46	0.11	-0.4	0.11	0.24	0.36	-0.09	0.28	0.03	0.25	0.31	0.24	0.23	0.45	-0.03	0.5		-0.07
Intangible Assets	0.17	-0.18	0.26	0.09	0.24	0.15	-0.17	0.23	0.0	0.15	0.01	0.27	0.29	-0.14	-0.09	0.12	0.14	0.12	0.07	0.18	0.11	-0.06	0.27	-0.09	-0.07

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Page Industries Account Relationship Matchups

Page Industries fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	17.0B	21.1B	26.9B	26.8B	30.8B	32.4B
Short Long Term Debt Total	1.3B	1.1B	4.1B	1.8B	2.1B	2.2B
Other Current Liab	4.5B	4.6B	544.0M	6.6B	7.6B	8.0B
Total Current Liabilities	7.1B	9.4B	11.9B	9.4B	10.8B	11.3B
Total Stockholder Equity	8.8B	10.9B	13.7B	16.0B	18.4B	19.3B
Property Plant And Equipment Net	4.1B	4.7B	6.3B	7.2B	8.3B	8.7B
Net Debt	873.6M	209.4M	4.1B	1.5B	1.7B	1.8B
Retained Earnings	7.6B	9.6B	12.4B	14.7B	16.9B	17.8B
Cash	396.9M	889.7M	6.6M	331.9M	381.6M	196.7M
Non Current Assets Total	4.7B	5.4B	7.3B	8.1B	9.3B	9.7B
Non Currrent Assets Other	527.6M	649.9M	760.2M	3.3B	3.8B	4.0B
Cash And Short Term Investments	4.3B	2.8B	96.2M	3.1B	3.6B	3.8B
Net Receivables	1.4B	1.7B	1.5B	1.6B	1.9B	2.0B
Liabilities And Stockholders Equity	17.0B	21.1B	26.9B	26.8B	30.8B	32.4B
Non Current Liabilities Total	1.0B	819.6M	1.3B	1.5B	1.7B	1.8B
Inventory	5.5B	9.7B	16.0B	11.8B	13.5B	14.2B
Other Current Assets	629.2M	1.2B	2.1B	2.3B	2.6B	2.7B
Total Liab	8.1B	10.2B	13.2B	10.9B	12.5B	13.1B
Total Current Assets	12.3B	15.7B	19.6B	18.8B	21.6B	22.6B
Accounts Payable	2.2B	3.6B	2.9B	2.2B	2.5B	2.7B
Short Term Investments	4.0B	1.9B	89.6M	2.8B	3.2B	3.4B
Short Term Debt	326.5M	1.0B	2.8B	428M	492.2M	467.6M
Current Deferred Revenue	4.4B	5.1B	5.7B	105.4M	121.2M	115.1M
Intangible Assets	23.2M	19.7M	25.9M	41.4M	47.6M	37.7M
Other Liab	218.6M	94.2M	82.6M	73.1M	65.8M	62.5M
Net Tangible Assets	7.7B	8.2B	8.8B	10.9B	12.5B	7.6B
Other Assets	393.4M	686.2M	97.9M	(9K)	(8.1K)	(7.7K)
Property Plant Equipment	4.3B	4.1B	4.7B	6.3B	7.3B	3.7B
Long Term Debt Total	1.3B	944.0M	746.5M	1.2B	1.4B	734.9M
Non Current Liabilities Other	82.6M	73.1M	63.6M	54.1M	48.7M	70.6M
Net Invested Capital	8.8B	10.9B	16.2B	16.0B	18.4B	12.3B
Net Working Capital	5.1B	6.3B	7.7B	9.4B	10.8B	6.8B
Capital Lease Obligations	1.3B	1.1B	1.6B	1.8B	2.1B	1.6B
Property Plant And Equipment Gross	5.6B	6.5B	6.3B	7.2B	8.3B	6.9B

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

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Page Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Page Industries fundamental ratios Correlations

Page Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Page Industries fundamental ratios Accounts

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COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.68	Non Currrent Assets Other
Other Current Assets	- 0.67	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.67	Retained Earnings
Common Stock Shares Outstanding	- 0.67	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.67	Other Current Liab
Common Stock Shares Outstanding	- 0.66	Non Current Assets Total