Perimeter Capex To Operating Cash Flow vs Average Inventory Analysis

PINK Stock  CAD 0.40  0.01  2.44%   
Perimeter Medical financial indicator trend analysis is much more than just breaking down Perimeter Medical Imaging prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perimeter Medical Imaging is a good investment. Please check the relationship between Perimeter Medical Capex To Operating Cash Flow and its Average Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Capex To Operating Cash Flow vs Average Inventory

Capex To Operating Cash Flow vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perimeter Medical Imaging Capex To Operating Cash Flow account and Average Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Perimeter Medical's Capex To Operating Cash Flow and Average Inventory is -0.05. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Perimeter Medical Imaging, assuming nothing else is changed. The correlation between historical values of Perimeter Medical's Capex To Operating Cash Flow and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of Perimeter Medical Imaging are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Capex To Operating Cash Flow i.e., Perimeter Medical's Capex To Operating Cash Flow and Average Inventory go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Operating Cash Flow

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from Perimeter Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perimeter Medical Imaging 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 Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Selling General Administrative is likely to drop to about 5.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2023 2024 (projected)
Depreciation And Amortization93.8K829.7K871.1K
Interest Income7.8K9.0K7.1K

Perimeter Medical fundamental ratios Correlations

-0.2-0.480.49-0.610.60.850.850.720.510.85-0.490.670.82-0.52-0.720.860.82-0.880.830.77-0.650.830.580.3-0.29
-0.20.75-0.940.71-0.63-0.44-0.65-0.78-0.8-0.670.94-0.85-0.64-0.310.8-0.62-0.640.4-0.65-0.750.3-0.71-0.86-0.920.98
-0.480.75-0.860.85-0.94-0.66-0.74-0.86-0.97-0.770.89-0.86-0.75-0.070.85-0.73-0.750.6-0.75-0.830.49-0.8-0.86-0.850.86
0.49-0.94-0.86-0.880.770.660.830.920.890.86-1.00.960.820.09-0.940.810.82-0.660.830.91-0.510.880.950.93-0.97
-0.610.710.85-0.88-0.81-0.85-0.75-0.92-0.84-0.810.87-0.85-0.890.260.85-0.74-0.890.83-0.75-0.910.82-0.87-0.93-0.880.79
0.6-0.63-0.940.77-0.810.720.740.840.920.77-0.810.820.83-0.2-0.80.730.83-0.720.730.85-0.560.840.850.7-0.75
0.85-0.44-0.660.66-0.850.720.790.890.720.82-0.650.750.94-0.48-0.750.770.94-0.880.750.88-0.920.880.820.63-0.51
0.85-0.65-0.740.83-0.750.740.790.90.81.0-0.830.950.87-0.07-0.961.00.87-0.781.00.92-0.520.950.810.66-0.7
0.72-0.78-0.860.92-0.920.840.890.90.920.93-0.920.960.96-0.14-0.930.880.96-0.80.880.98-0.730.970.970.87-0.84
0.51-0.8-0.970.89-0.840.920.720.80.920.82-0.920.910.810.1-0.870.770.81-0.590.790.88-0.520.850.910.88-0.89
0.85-0.67-0.770.86-0.810.770.821.00.930.82-0.860.960.9-0.13-0.970.990.9-0.820.990.95-0.580.970.850.7-0.73
-0.490.940.89-1.00.87-0.81-0.65-0.83-0.92-0.92-0.86-0.97-0.82-0.110.95-0.82-0.820.65-0.84-0.910.49-0.88-0.95-0.930.98
0.67-0.85-0.860.96-0.850.820.750.950.960.910.96-0.970.880.03-0.990.930.88-0.730.940.96-0.520.950.930.85-0.89
0.82-0.64-0.750.82-0.890.830.940.870.960.810.9-0.820.88-0.41-0.870.851.0-0.910.840.98-0.820.980.930.73-0.7
-0.52-0.31-0.070.090.26-0.2-0.48-0.07-0.140.1-0.13-0.110.03-0.410.02-0.09-0.410.64-0.05-0.230.64-0.26-0.130.17-0.25
-0.720.80.85-0.940.85-0.8-0.75-0.96-0.93-0.87-0.970.95-0.99-0.870.02-0.96-0.870.77-0.97-0.950.53-0.95-0.9-0.810.85
0.86-0.62-0.730.81-0.740.730.771.00.880.770.99-0.820.930.85-0.09-0.960.85-0.791.00.91-0.50.940.780.63-0.68
0.82-0.64-0.750.82-0.890.830.940.870.960.810.9-0.820.881.0-0.41-0.870.85-0.910.840.98-0.820.980.930.73-0.7
-0.880.40.6-0.660.83-0.72-0.88-0.78-0.8-0.59-0.820.65-0.73-0.910.640.77-0.79-0.91-0.77-0.870.83-0.88-0.76-0.510.49
0.83-0.65-0.750.83-0.750.730.751.00.880.790.99-0.840.940.84-0.05-0.971.00.84-0.770.91-0.480.930.790.66-0.71
0.77-0.75-0.830.91-0.910.850.880.920.980.880.95-0.910.960.98-0.23-0.950.910.98-0.870.91-0.720.990.960.81-0.81
-0.650.30.49-0.510.82-0.56-0.92-0.52-0.73-0.52-0.580.49-0.52-0.820.640.53-0.5-0.820.83-0.48-0.72-0.7-0.71-0.560.37
0.83-0.71-0.80.88-0.870.840.880.950.970.850.97-0.880.950.98-0.26-0.950.940.98-0.880.930.99-0.70.930.75-0.77
0.58-0.86-0.860.95-0.930.850.820.810.970.910.85-0.950.930.93-0.13-0.90.780.93-0.760.790.96-0.710.930.92-0.9
0.3-0.92-0.850.93-0.880.70.630.660.870.880.7-0.930.850.730.17-0.810.630.73-0.510.660.81-0.560.750.92-0.94
-0.290.980.86-0.970.79-0.75-0.51-0.7-0.84-0.89-0.730.98-0.89-0.7-0.250.85-0.68-0.70.49-0.71-0.810.37-0.77-0.9-0.94
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Perimeter Medical Account Relationship Matchups

Perimeter Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.4M1.2M1.9M5.4M4.6M3.2M
Total Current Liabilities18.5M1.8M2.1M8.0M6.9M7.0M
Retained Earnings(39.4M)(47.3M)(64.0M)(59.3M)(96.7M)(91.9M)
Net Receivables1.0M604.3K1.3M2.0M3.1M1.6M
Total Current Assets2.5M13.1M7.7M31.5M23.2M14.8M
Common Stock17.8M48.5M62.5M80.8M107.9M60.7M

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Additional Tools for Perimeter Stock Analysis

When running Perimeter Medical's price analysis, check to measure Perimeter Medical'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 Perimeter Medical is operating at the current time. Most of Perimeter Medical's value examination focuses on studying past and present price action to predict the probability of Perimeter Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perimeter Medical's price. Additionally, you may evaluate how the addition of Perimeter Medical to your portfolios can decrease your overall portfolio volatility.