Plum Cash vs Net Debt Analysis
| PLMJ Stock | 11.10 0.02 0.18% |
Plum Acquisition financial indicator trend analysis is much more than just breaking down Plum Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plum Acquisition Corp is a good investment. Please check the relationship between Plum Acquisition Cash and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Cash vs Net Debt
Cash vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plum Acquisition Corp Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Plum Acquisition's Cash and Net Debt is -0.97. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Plum Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Plum Acquisition's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Plum Acquisition Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Plum Acquisition's Cash and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.97 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Plum Acquisition Corp, which is listed under current asset account on Plum Acquisition Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Plum Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different Plum Acquisition account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Plum Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plum Acquisition Corp 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 Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. The value of Enterprise Value Over EBITDA is expected to pull down to 29.70. The value of Enterprise Value Multiple is estimated to pull down to 29.70
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 761.6K | 2.8M | 833.9K | 1.6M | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 168.8K |
Plum Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Plum Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plum Acquisition. If investors know Plum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plum Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.63) | Earnings Share 0.19 | Return On Assets (0) |
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.