| PBL Stock | | | CAD 25.25 0.17 0.67% |
Pollard Banknote financial indicator trend analysis is much more than just breaking down Pollard Banknote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pollard Banknote is a good investment. Please check the relationship between Pollard Banknote Free Cash Flow Yield and its Capex To Operating Cash Flow accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pollard Banknote 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 board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pollard Banknote Free Cash Flow Yield account and
Capex To Operating Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pollard Banknote's Free Cash Flow Yield and Capex To Operating Cash Flow is -0.59. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Operating Cash Flow in the same time period over historical financial statements of Pollard Banknote Limited, assuming nothing else is changed. The correlation between historical values of Pollard Banknote's Free Cash Flow Yield and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Pollard Banknote Limited are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Pollard Banknote's Free Cash Flow Yield and Capex To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Pollard Banknote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pollard Banknote 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 Pollard Banknote 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 board of governors.
At this time, Pollard Banknote's
Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024,
Tax Provision is likely to grow to about 7.2
M, while
Issuance Of Capital Stock is likely to drop about 655.5
K.
Balance Sheet is a snapshot of the
financial position of Pollard Banknote at a specified time, usually calculated after every quarter, six months, or one year. Pollard Banknote Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pollard Banknote 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 Pollard currently owns. An asset can also be divided into two categories, current and non-current.