PowerBand Net Income vs Change To Operating Activities Analysis

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

Net Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerBand Solutions Net Income account and Change To Operating Activities. At this time, the significance of the direction appears to have weak relationship.

The correlation between PowerBand Solutions' Net Income and Change To Operating Activities is 0.32. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of PowerBand Solutions, assuming nothing else is changed. The correlation between historical values of PowerBand Solutions' Net Income and Change To Operating Activities 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 PowerBand Solutions are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., PowerBand Solutions' Net Income and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Income

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

Change To Operating Activities

Most indicators from PowerBand Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerBand Solutions 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 PowerBand Solutions. 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, PowerBand Solutions' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 5.45 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.6M	1.2M	913.0K	1.1M
Total Operating Expenses	35.6M	28.2M	24.6M	18.7M

Reconciled Depreciation Total Operating Expenses

PowerBand Solutions fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Net Working Capital	Intangible Assets	Capital Stock	Other Current Liab	Property Plant And Equipment Net	Good Will	Capital Lease Obligations
Total Current Liabilities		-0.26	-0.89	0.62	0.49	0.43	0.61	0.57	-0.71	0.67	0.39	0.58	0.06	0.75	0.57	0.66	0.83	-0.53	0.76	-0.88	0.89	0.75	-0.03	-0.93	0.17	-0.9
Net Tangible Assets	-0.26		0.0	-0.07	-0.2	-0.07	0.04	-0.16	0.07	-0.33	-0.07	-0.26	-0.34	-0.06	-0.28	0.0	-0.19	0.09	-0.03	0.11	-0.07	-0.04	-0.49	0.14	-0.38	0.08
Retained Earnings	-0.89	0.0		-0.79	-0.51	-0.67	-0.74	-0.67	0.47	-0.69	-0.67	-0.53	0.1	-0.92	-0.54	-0.78	-0.83	0.27	-0.85	0.68	-0.97	-0.93	0.18	0.84	-0.03	0.98
Accounts Payable	0.62	-0.07	-0.79		0.87	0.92	0.92	0.96	0.03	0.86	0.84	0.83	0.38	0.93	0.84	0.9	0.86	0.25	0.85	-0.31	0.86	0.84	0.06	-0.67	0.42	-0.77
Net Receivables	0.49	-0.2	-0.51	0.87		0.75	0.84	0.95	0.09	0.8	0.59	0.99	0.74	0.69	0.96	0.78	0.78	0.28	0.64	-0.27	0.67	0.51	0.37	-0.63	0.73	-0.49
Total Current Assets	0.43	-0.07	-0.67	0.92	0.75		0.72	0.91	0.3	0.64	0.97	0.68	0.23	0.82	0.67	0.75	0.64	0.51	0.7	-0.01	0.76	0.79	-0.03	-0.53	0.37	-0.66
Common Stock	0.61	0.04	-0.74	0.92	0.84	0.72		0.86	-0.13	0.86	0.61	0.84	0.45	0.9	0.81	0.96	0.92	0.07	0.81	-0.46	0.8	0.75	0.19	-0.65	0.44	-0.72
Total Assets	0.57	-0.16	-0.67	0.96	0.95	0.91	0.86		0.11	0.8	0.8	0.92	0.53	0.83	0.9	0.86	0.81	0.33	0.74	-0.25	0.81	0.71	0.22	-0.69	0.61	-0.66
Total Stockholder Equity	-0.71	0.07	0.47	0.03	0.09	0.3	-0.13	0.11		-0.22	0.32	-0.04	0.19	-0.2	-0.06	-0.12	-0.38	0.97	-0.29	0.93	-0.37	-0.21	0.08	0.54	0.22	0.46
Net Debt	0.67	-0.33	-0.69	0.86	0.8	0.64	0.86	0.8	-0.22		0.54	0.81	0.56	0.83	0.89	0.77	0.91	-0.03	0.85	-0.49	0.73	0.7	0.16	-0.6	0.39	-0.67
Cash	0.39	-0.07	-0.67	0.84	0.59	0.97	0.61	0.8	0.32	0.54		0.51	0.02	0.79	0.51	0.67	0.53	0.49	0.64	0.05	0.72	0.81	-0.11	-0.44	0.2	-0.67
Non Current Assets Total	0.58	-0.26	-0.53	0.83	0.99	0.68	0.84	0.92	-0.04	0.81	0.51		0.75	0.68	0.96	0.79	0.83	0.15	0.64	-0.39	0.69	0.5	0.42	-0.7	0.76	-0.52
Long Term Debt	0.06	-0.34	0.1	0.38	0.74	0.23	0.45	0.53	0.19	0.56	0.02	0.75		0.14	0.76	0.32	0.42	0.27	0.23	-0.04	0.07	-0.08	0.52	-0.18	0.79	0.11
Common Stock Shares Outstanding	0.75	-0.06	-0.92	0.93	0.69	0.82	0.9	0.83	-0.2	0.83	0.79	0.68	0.14		0.68	0.93	0.91	0.01	0.9	-0.49	0.93	0.96	-0.04	-0.73	0.23	-0.92
Non Current Liabilities Total	0.57	-0.28	-0.54	0.84	0.96	0.67	0.81	0.9	-0.06	0.89	0.51	0.96	0.76	0.68		0.71	0.83	0.14	0.72	-0.38	0.67	0.51	0.27	-0.64	0.63	-0.5
Other Stockholder Equity	0.66	0.0	-0.78	0.9	0.78	0.75	0.96	0.86	-0.12	0.77	0.67	0.79	0.32	0.93	0.71		0.9	0.07	0.78	-0.46	0.85	0.81	0.2	-0.72	0.48	-0.8
Total Liab	0.83	-0.19	-0.83	0.86	0.78	0.64	0.92	0.81	-0.38	0.91	0.53	0.83	0.42	0.91	0.83	0.9		-0.17	0.9	-0.67	0.88	0.81	0.12	-0.83	0.45	-0.84
Net Invested Capital	-0.53	0.09	0.27	0.25	0.28	0.51	0.07	0.33	0.97	-0.03	0.49	0.15	0.27	0.01	0.14	0.07	-0.17		-0.05	0.82	-0.15	0.0	0.01	0.33	0.32	0.27
Short Long Term Debt	0.76	-0.03	-0.85	0.85	0.64	0.7	0.81	0.74	-0.29	0.85	0.64	0.64	0.23	0.9	0.72	0.78	0.9	-0.05		-0.53	0.86	0.89	-0.3	-0.74	0.18	-0.84
Net Working Capital	-0.88	0.11	0.68	-0.31	-0.27	-0.01	-0.46	-0.25	0.93	-0.49	0.05	-0.39	-0.04	-0.49	-0.38	-0.46	-0.67	0.82	-0.53		-0.64	-0.44	-0.04	0.78	-0.05	0.67
Intangible Assets	0.89	-0.07	-0.97	0.86	0.67	0.76	0.8	0.81	-0.37	0.73	0.72	0.69	0.07	0.93	0.67	0.85	0.88	-0.15	0.86	-0.64		0.92	-0.07	-0.91	0.26	-0.97
Capital Stock	0.75	-0.04	-0.93	0.84	0.51	0.79	0.75	0.71	-0.21	0.7	0.81	0.5	-0.08	0.96	0.51	0.81	0.81	0.0	0.89	-0.44	0.92		-0.25	-0.72	0.08	-0.95
Other Current Liab	-0.03	-0.49	0.18	0.06	0.37	-0.03	0.19	0.22	0.08	0.16	-0.11	0.42	0.52	-0.04	0.27	0.2	0.12	0.01	-0.3	-0.04	-0.07	-0.25		-0.01	0.64	0.14
Property Plant And Equipment Net	-0.93	0.14	0.84	-0.67	-0.63	-0.53	-0.65	-0.69	0.54	-0.6	-0.44	-0.7	-0.18	-0.73	-0.64	-0.72	-0.83	0.33	-0.74	0.78	-0.91	-0.72	-0.01		-0.4	0.86
Good Will	0.17	-0.38	-0.03	0.42	0.73	0.37	0.44	0.61	0.22	0.39	0.2	0.76	0.79	0.23	0.63	0.48	0.45	0.32	0.18	-0.05	0.26	0.08	0.64	-0.4		-0.1
Capital Lease Obligations	-0.9	0.08	0.98	-0.77	-0.49	-0.66	-0.72	-0.66	0.46	-0.67	-0.67	-0.52	0.11	-0.92	-0.5	-0.8	-0.84	0.27	-0.84	0.67	-0.97	-0.95	0.14	0.86	-0.1

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PowerBand Solutions Account Relationship Matchups

PowerBand Solutions fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	6.1M	9.3M	11.1M	7.3M	18.5M	19.4M
Net Tangible Assets	1.0M	(3.5M)	(6.4M)	(3.7M)	(3.3M)	(3.5M)
Retained Earnings	(19.6M)	(23.3M)	(45.8M)	(75.3M)	(96.0M)	(91.2M)
Accounts Payable	1.5M	1.5M	2.4M	2.8M	1.7M	1.5M
Net Receivables	994.8K	1.3M	1.5M	890.9K	411.2K	785.9K
Total Current Assets	2.0M	3.3M	9.1M	12.0M	2.6M	4.2M
Common Stock	3.9M	11.8M	16.2M	18.9M	21.8M	11.2M
Total Assets	9.1M	13.8M	20.4M	17.2M	6.9M	11.2M
Total Stockholder Equity	(1.7M)	(697.7K)	3.9M	8.0M	(12.0M)	(11.4M)
Cash	243.0K	1.4M	5.1M	10.1M	1.8M	3.0M
Non Current Assets Total	7.1M	10.5M	11.3M	5.2M	4.3M	6.6M
Common Stock Shares Outstanding	105.8M	137.5M	198.2M	298.8M	299.3M	172.2M
Non Current Liabilities Total	4.4M	3.7M	4.8M	2.5M	2.0M	2.8M
Other Current Assets	272.8K	569.9K	631.9K	751.9K	864.7K	489.8K
Total Liab	10.5M	13.0M	15.9M	9.9M	20.5M	11.1M
Net Invested Capital	(189.9K)	(443.0K)	7.8M	9.7M	(9.3M)	(8.8M)
Long Term Investments	268.2K	636.6K	195.5K	442.7K	564.9K	499.6K
Short Long Term Debt	1.5M	254.6K	2.2M	1.7M	2.6M	1.3M
Net Working Capital	(4.1M)	(5.9M)	(2.0M)	4.7M	(15.9M)	(15.1M)
Intangible Assets	1.4M	1.6M	2.9M	4.8M	5.5M	5.8M
Capital Stock	16.2M	18.9M	43.9M	65.7M	65.8M	40.7M

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