Perimeter Property Plant And Equipment Net vs Total Assets 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 Property Plant And Equipment Net and its Total Assets 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.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perimeter Medical Imaging Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Perimeter Medical's Property Plant And Equipment Net and Total Assets is 0.9. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net of Perimeter Medical Imaging 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 Property Plant And Equipment Net i.e., Perimeter Medical's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Perimeter Medical 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 Perimeter Medical Imaging 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 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

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