Paranovus Current Deferred Revenue vs Net Debt Analysis

PAVS Stock

0.94 0.01 1.08%

Paranovus Entertainment financial indicator trend analysis is much more than just breaking down Paranovus Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paranovus Entertainment is a good investment. Please check the relationship between Paranovus Entertainment Current Deferred Revenue and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paranovus Entertainment 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 real.

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paranovus Entertainment Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Paranovus Entertainment's Current Deferred Revenue and Net Debt is -0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Paranovus Entertainment Technology, assuming nothing else is changed. The correlation between historical values of Paranovus Entertainment's Current Deferred Revenue and Net 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 Current Deferred Revenue of Paranovus Entertainment Technology are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., Paranovus Entertainment's Current Deferred Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Paranovus Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paranovus Entertainment 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 Paranovus Entertainment 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 real.

At this time, Paranovus Entertainment's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	86.0K	72.3K	39.2K	37.2K
Depreciation And Amortization	2.2M	58.8K	381.1K	712.0K

Interest Expense Depreciation And Amortization

Paranovus Entertainment 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	Accounts Payable	Cash	Non Current Assets Total	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	Short Term Debt	Intangible Assets	Common Stock	Non Currrent Assets Other	Net Invested Capital	Short Long Term Debt
Total Assets		-0.04	-0.25	0.16	0.97	0.72	-0.91	0.75	0.41	0.91	0.62	0.91	0.77	0.45	0.25	0.08	0.64	-0.06	0.18	0.95	0.06	0.25	-0.44	0.74	0.85	0.19
Short Long Term Debt Total	-0.04		0.14	0.25	-0.11	-0.17	-0.02	-0.48	0.32	0.04	0.32	0.04	-0.47	0.36	0.38	-0.3	0.21	0.6	0.27	-0.18	0.95	0.42	0.51	0.34	-0.2	0.65
Other Current Liab	-0.25	0.14		0.77	-0.44	0.35	0.42	-0.19	0.56	-0.42	0.03	-0.42	-0.15	-0.14	0.24	0.39	-0.11	-0.09	0.76	-0.31	-0.04	0.18	-0.02	-0.49	-0.11	-0.32
Total Current Liabilities	0.16	0.25	0.77		-0.08	0.71	0.16	0.11	0.82	-0.16	0.36	-0.16	0.25	-0.03	0.47	0.59	0.05	-0.18	1.0	0.06	0.04	0.31	-0.3	-0.19	0.35	-0.34
Total Stockholder Equity	0.97	-0.11	-0.44	-0.08		0.56	-0.96	0.74	0.21	0.95	0.54	0.95	0.72	0.44	0.14	-0.06	0.62	-0.03	-0.06	0.95	0.04	0.18	-0.38	0.79	0.78	0.26
Property Plant And Equipment Net	0.72	-0.17	0.35	0.71	0.56		-0.42	0.69	0.72	0.42	0.53	0.42	0.8	0.05	0.37	0.57	0.27	-0.36	0.71	0.66	-0.23	0.24	-0.65	0.22	0.82	-0.35
Net Debt	-0.91	-0.02	0.42	0.16	-0.96	-0.42		-0.68	-0.1	-1.0	-0.42	-1.0	-0.6	-0.54	-0.01	0.13	-0.65	-0.01	0.16	-0.92	-0.17	-0.09	0.29	-0.85	-0.7	-0.38
Retained Earnings	0.75	-0.48	-0.19	0.11	0.74	0.69	-0.68		0.02	0.66	0.05	0.66	0.96	0.09	-0.28	0.57	0.19	-0.68	0.08	0.87	-0.49	-0.37	-0.89	0.38	0.93	-0.42
Accounts Payable	0.41	0.32	0.56	0.82	0.21	0.72	-0.1	0.02		0.11	0.75	0.11	0.2	0.2	0.77	0.12	0.39	0.24	0.85	0.2	0.28	0.73	0.01	0.09	0.3	0.09
Cash	0.91	0.04	-0.42	-0.16	0.95	0.42	-1.0	0.66	0.11		0.43	1.0	0.59	0.55	0.02	-0.14	0.65	0.03	-0.15	0.91	0.2	0.1	-0.28	0.86	0.69	0.4
Non Current Assets Total	0.62	0.32	0.03	0.36	0.54	0.53	-0.42	0.05	0.75	0.43		0.43	0.19	0.15	0.91	-0.28	0.44	0.52	0.42	0.35	0.43	0.9	0.2	0.55	0.29	0.48
Cash And Short Term Investments	0.91	0.04	-0.42	-0.16	0.95	0.42	-1.0	0.66	0.11	1.0	0.43		0.59	0.55	0.02	-0.14	0.65	0.03	-0.15	0.91	0.2	0.1	-0.28	0.86	0.69	0.4
Net Receivables	0.77	-0.47	-0.15	0.25	0.72	0.8	-0.6	0.96	0.2	0.59	0.19	0.59		0.05	-0.1	0.6	0.19	-0.63	0.23	0.85	-0.49	-0.22	-0.89	0.32	0.95	-0.46
Common Stock Shares Outstanding	0.45	0.36	-0.14	-0.03	0.44	0.05	-0.54	0.09	0.2	0.55	0.15	0.55	0.05		-0.08	-0.34	0.91	0.29	-0.04	0.47	0.46	0.09	0.15	0.37	0.19	0.52
Non Current Liabilities Total	0.25	0.38	0.24	0.47	0.14	0.37	-0.01	-0.28	0.77	0.02	0.91	0.02	-0.1	-0.08		-0.26	0.18	0.59	0.53	-0.05	0.43	0.96	0.38	0.24	-0.01	0.39
Inventory	0.08	-0.3	0.39	0.59	-0.06	0.57	0.13	0.57	0.12	-0.14	-0.28	-0.14	0.6	-0.34	-0.26		-0.37	-0.85	0.55	0.2	-0.55	-0.48	-0.86	-0.29	0.58	-0.87
Other Current Assets	0.64	0.21	-0.11	0.05	0.62	0.27	-0.65	0.19	0.39	0.65	0.44	0.65	0.19	0.91	0.18	-0.37		0.36	0.06	0.59	0.36	0.34	0.13	0.44	0.3	0.53
Other Stockholder Equity	-0.06	0.6	-0.09	-0.18	-0.03	-0.36	-0.01	-0.68	0.24	0.03	0.52	0.03	-0.63	0.29	0.59	-0.85	0.36		-0.12	-0.28	0.77	0.75	0.88	0.22	-0.53	0.87
Total Liab	0.18	0.27	0.76	1.0	-0.06	0.71	0.16	0.08	0.85	-0.15	0.42	-0.15	0.23	-0.04	0.53	0.55	0.06	-0.12		0.05	0.08	0.38	-0.25	-0.16	0.33	-0.29
Total Current Assets	0.95	-0.18	-0.31	0.06	0.95	0.66	-0.92	0.87	0.2	0.91	0.35	0.91	0.85	0.47	-0.05	0.2	0.59	-0.28	0.05		-0.09	-0.05	-0.6	0.67	0.9	0.04
Short Term Debt	0.06	0.95	-0.04	0.04	0.04	-0.23	-0.17	-0.49	0.28	0.2	0.43	0.2	-0.49	0.46	0.43	-0.55	0.36	0.77	0.08	-0.09		0.53	0.64	0.47	-0.24	0.85
Intangible Assets	0.25	0.42	0.18	0.31	0.18	0.24	-0.09	-0.37	0.73	0.1	0.9	0.1	-0.22	0.09	0.96	-0.48	0.34	0.75	0.38	-0.05	0.53		0.55	0.29	-0.13	0.58
Common Stock	-0.44	0.51	-0.02	-0.3	-0.38	-0.65	0.29	-0.89	0.01	-0.28	0.2	-0.28	-0.89	0.15	0.38	-0.86	0.13	0.88	-0.25	-0.6	0.64	0.55		-0.02	-0.83	0.75
Non Currrent Assets Other	0.74	0.34	-0.49	-0.19	0.79	0.22	-0.85	0.38	0.09	0.86	0.55	0.86	0.32	0.37	0.24	-0.29	0.44	0.22	-0.16	0.67	0.47	0.29	-0.02		0.48	0.6
Net Invested Capital	0.85	-0.2	-0.11	0.35	0.78	0.82	-0.7	0.93	0.3	0.69	0.29	0.69	0.95	0.19	-0.01	0.58	0.3	-0.53	0.33	0.9	-0.24	-0.13	-0.83	0.48		-0.29
Short Long Term Debt	0.19	0.65	-0.32	-0.34	0.26	-0.35	-0.38	-0.42	0.09	0.4	0.48	0.4	-0.46	0.52	0.39	-0.87	0.53	0.87	-0.29	0.04	0.85	0.58	0.75	0.6	-0.29

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Paranovus Entertainment Account Relationship Matchups

Paranovus Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	85.1M	112.7M	97.4M	36.3M	7.7M	7.3M
Short Long Term Debt Total	2.0M	2.2M	2.3M	2.2M	2.3M	2.1M
Other Current Liab	1.9M	3.7M	158.9K	20.8M	271.2K	257.7K
Total Current Liabilities	5.5M	15.1M	17.9M	21.0M	2.6M	2.4M
Total Stockholder Equity	79.6M	94.7M	78.1M	14.8M	5.6M	5.3M
Property Plant And Equipment Net	7.9M	10.5M	11.2M	8.5M	12.6K	12.0K
Net Debt	(31.6M)	(34.3M)	(17.5M)	(1.1M)	1.3M	1.4M
Retained Earnings	66.6M	61.5M	12.3M	(59.5M)	(62.0M)	(58.9M)
Accounts Payable	1.5M	8.8M	12.2M	13.5M	(74.0K)	(70.3K)
Cash	33.7M	36.6M	19.7M	3.4M	944.2K	897.0K
Non Current Assets Total	15.1M	17.6M	40.9M	26.6M	4.9M	4.6M
Cash And Short Term Investments	33.7M	36.6M	19.7M	3.4M	944.2K	897.0K
Net Receivables	30.0M	34.6M	29.2M	4.0M	285.8K	271.5K
Common Stock Shares Outstanding	1.2M	26.2M	2.0M	5.7M	4.7M	6.0M
Liabilities And Stockholders Equity	85.1M	112.7M	97.4M	36.3M	7.7M	7.3M
Inventory	2.0M	1.8M	1.4M	335.0K	1.0	0.95
Other Current Assets	699.4K	22.2M	6.2M	7.7M	1.6M	1.5M
Other Stockholder Equity	15.0M	26.5M	53.9M	66.9M	64.9M	33.4M
Total Liab	5.5M	15.1M	20.0M	22.5M	2.6M	2.4M
Total Current Assets	70.0M	95.1M	56.6M	9.8M	2.9M	2.7M
Accumulated Other Comprehensive Income	(2.1M)	6.7M	11.9M	7.2M	2.5M	4.5M
Short Term Debt	2.0M	2.2M	2.3M	2.2M	2.3M	2.1M
Intangible Assets	719.7K	1.8M	10.1M	9.4M	1.5M	1.4M
Common Stock	12.5K	15.2K	39.6K	83.3K	73.3K	77.0K
Non Currrent Assets Other	6.5M	5.1M	5.6M	2.2M	2.0M	3.5M
Net Invested Capital	81.6M	97.0M	80.4M	17.0M	7.9M	7.5M
Short Long Term Debt	2.0M	2.2M	2.3M	2.2M	2.3M	2.2M
Capital Stock	12.5K	15.2K	39.6K	83.3K	73.3K	43.2K
Net Working Capital	64.5M	80.0M	38.6M	(11.2M)	291.3K	276.8K

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