| PBFS Stock | | | USD 11.87 0.14 1.19% |
Pioneer Bancorp financial indicator trend analysis is much more than just breaking down Pioneer Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Bancorp is a good investment. Please check the relationship between Pioneer Bancorp Other Liab and its Accounts Payable accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Pioneer Stock please use our
How to Invest in Pioneer Bancorp guide.
Other Liab vs Accounts Payable
Other Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pioneer Bancorp Other Liab account and
Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pioneer Bancorp's Other Liab and Accounts Payable is 0.35. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Pioneer Bancorp, assuming nothing else is changed. The correlation between historical values of Pioneer Bancorp's Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Pioneer Bancorp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Pioneer Bancorp's Other Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Liab
Accounts Payable
An accounting item on the balance sheet that represents Pioneer Bancorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Pioneer Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Pioneer Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Bancorp 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 Pioneer Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Pioneer Stock please use our
How to Invest in Pioneer Bancorp guide.At this time, Pioneer Bancorp's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 5.45 in 2024, whereas
Selling General Administrative is likely to drop slightly above 27.9
M in 2024.
Pioneer Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Pioneer Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pioneer Bancorp fundamental ratios Accounts
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Additional Tools for Pioneer Stock Analysis
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measure Pioneer Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pioneer Bancorp is operating at the current time. Most of Pioneer Bancorp's value examination focuses on studying past and present price action to
predict the probability of Pioneer Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Bancorp's price. Additionally, you may evaluate how the addition of Pioneer Bancorp to your portfolios can decrease your overall portfolio volatility.