PCJEWELLER | | | 16.80 0.89 5.03% |
PC Jeweller financial indicator trend analysis is much more than just breaking down PC Jeweller Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PC Jeweller Limited is a good investment. Please check the relationship between PC Jeweller Current Deferred Revenue and its Total Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller 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 housing.
Current Deferred Revenue vs Total Assets
Current Deferred Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PC Jeweller Limited Current Deferred Revenue account and
Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between PC Jeweller's Current Deferred Revenue and Total Assets is 0.15. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of PC Jeweller Limited, assuming nothing else is changed. The correlation between historical values of PC Jeweller's Current Deferred Revenue and Total Assets 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 PC Jeweller Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., PC Jeweller's Current Deferred Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Total Assets
Total assets refers to the total amount of PC Jeweller assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PC Jeweller Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from PC Jeweller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PC Jeweller Limited 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 PC Jeweller 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 housing.
Selling General Administrative is expected to rise to about 79.3
M this year, although the value of
Tax Provision is projected to rise to (22.9
M).
PC Jeweller fundamental ratios Correlations
Click cells to compare fundamentals
PC Jeweller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PC Jeweller fundamental ratios Accounts
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Other Information on Investing in PCJEWELLER Stock
Balance Sheet is a snapshot of the
financial position of PC Jeweller Limited at a specified time, usually calculated after every quarter, six months, or one year. PC Jeweller Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PC Jeweller 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 PCJEWELLER currently owns. An asset can also be divided into two categories, current and non-current.