Perimeter Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perimeter Medical Imaging Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Perimeter Medical's Retained Earnings and Cash And Short Term Investments is -0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Perimeter Medical Imaging are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Perimeter Medical's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Perimeter Medical Imaging balance sheet. This account contains Perimeter Medical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Perimeter Medical Imaging fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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