Plum Net Working Capital vs Cash And Short Term Investments Analysis

PLMJU Stock

11.00 0.00 0.00%

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 Net Working Capital 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 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 inflation.

Net Working Capital vs Cash And Short Term Investments

Net Working Capital 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 Plum Acquisition Corp Net Working Capital account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Plum Acquisition's Net Working Capital and Cash And Short Term Investments is 0.98. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash And Short Term Investments 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 Net Working Capital 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 Net Working Capital of Plum Acquisition Corp 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 Net Working Capital i.e., Plum Acquisition's Net Working Capital and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Working Capital

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Plum Acquisition Corp balance sheet. This account contains Plum Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Plum Acquisition Corp 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 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 inflation.

Enterprise Value Over EBITDA is likely to drop to 29.70 in 2024. Enterprise Value Multiple is likely to drop to 29.70 in 2024

	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

Other Operating Expenses Depreciation And Amortization

Plum Acquisition fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Net Receivables
Total Assets		0.22	0.34	1.0	-0.73	-0.95	0.92	0.87	1.0	-0.53	0.74	0.92	0.93	0.92	0.94	1.0	0.86	1.0	0.67	1.0	0.87
Other Current Liab	0.22		0.99	0.28	0.49	0.03	-0.12	-0.25	0.23	0.7	-0.49	0.21	-0.11	-0.12	-0.06	0.28	-0.27	0.24	-0.56	0.24	0.2
Total Current Liabilities	0.34	0.99		0.39	0.37	-0.09	0.0	-0.13	0.35	0.61	-0.39	0.32	0.01	0.0	0.06	0.39	-0.15	0.35	-0.45	0.35	0.31
Total Stockholder Equity	1.0	0.28	0.39		-0.7	-0.94	0.91	0.85	1.0	-0.48	0.7	0.93	0.91	0.91	0.93	1.0	0.83	1.0	0.63	1.0	0.87
Net Debt	-0.73	0.49	0.37	-0.7		0.89	-0.93	-0.97	-0.72	0.96	-0.99	-0.73	-0.92	-0.93	-0.9	-0.7	-0.97	-0.72	-1.0	-0.72	-0.7
Retained Earnings	-0.95	0.03	-0.09	-0.94	0.89		-1.0	-0.97	-0.95	0.74	-0.87	-0.95	-1.0	-1.0	-1.0	-0.94	-0.97	-0.95	-0.85	-0.95	-0.91
Accounts Payable	0.92	-0.12	0.0	0.91	-0.93	-1.0		0.99	0.92	-0.79	0.91	0.92	1.0	1.0	1.0	0.91	0.99	0.92	0.89	0.92	0.89
Cash	0.87	-0.25	-0.13	0.85	-0.97	-0.97	0.99		0.87	-0.87	0.95	0.87	0.99	0.99	0.98	0.85	1.0	0.87	0.94	0.87	0.84
Non Current Assets Total	1.0	0.23	0.35	1.0	-0.72	-0.95	0.92	0.87		-0.52	0.73	0.92	0.92	0.92	0.94	1.0	0.85	1.0	0.66	1.0	0.87
Non Currrent Assets Other	-0.53	0.7	0.61	-0.48	0.96	0.74	-0.79	-0.87	-0.52		-0.95	-0.54	-0.79	-0.8	-0.76	-0.48	-0.88	-0.52	-0.98	-0.52	-0.52
Cash And Short Term Investments	0.74	-0.49	-0.39	0.7	-0.99	-0.87	0.91	0.95	0.73	-0.95		0.67	0.9	0.91	0.88	0.7	0.96	0.73	0.98	0.73	0.63
Common Stock Shares Outstanding	0.92	0.21	0.32	0.93	-0.73	-0.95	0.92	0.87	0.92	-0.54	0.67		0.93	0.92	0.94	0.93	0.86	0.92	0.68	0.92	0.99
Non Current Liabilities Total	0.93	-0.11	0.01	0.91	-0.92	-1.0	1.0	0.99	0.92	-0.79	0.9	0.93		1.0	1.0	0.91	0.99	0.92	0.89	0.92	0.89
Other Current Assets	0.92	-0.12	0.0	0.91	-0.93	-1.0	1.0	0.99	0.92	-0.8	0.91	0.92	1.0		1.0	0.91	0.99	0.92	0.89	0.92	0.89
Total Liab	0.94	-0.06	0.06	0.93	-0.9	-1.0	1.0	0.98	0.94	-0.76	0.88	0.94	1.0	1.0		0.93	0.98	0.94	0.86	0.94	0.91
Net Invested Capital	1.0	0.28	0.39	1.0	-0.7	-0.94	0.91	0.85	1.0	-0.48	0.7	0.93	0.91	0.91	0.93		0.83	1.0	0.63	1.0	0.87
Total Current Assets	0.86	-0.27	-0.15	0.83	-0.97	-0.97	0.99	1.0	0.85	-0.88	0.96	0.86	0.99	0.99	0.98	0.83		0.85	0.95	0.85	0.83
Capital Stock	1.0	0.24	0.35	1.0	-0.72	-0.95	0.92	0.87	1.0	-0.52	0.73	0.92	0.92	0.92	0.94	1.0	0.85		0.66	1.0	0.87
Net Working Capital	0.67	-0.56	-0.45	0.63	-1.0	-0.85	0.89	0.94	0.66	-0.98	0.98	0.68	0.89	0.89	0.86	0.63	0.95	0.66		0.66	0.65
Common Stock	1.0	0.24	0.35	1.0	-0.72	-0.95	0.92	0.87	1.0	-0.52	0.73	0.92	0.92	0.92	0.94	1.0	0.85	1.0	0.66		0.87
Net Receivables	0.87	0.2	0.31	0.87	-0.7	-0.91	0.89	0.84	0.87	-0.52	0.63	0.99	0.89	0.89	0.91	0.87	0.83	0.87	0.65	0.87

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Plum Net Working Capital vs Cash And Short Term Investments Analysis

Net Working Capital vs Cash And Short Term Investments

Net Working Capital vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Working Capital

Cash And Short Term Investments

Plum Acquisition fundamental ratios Correlations

Plum Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Plum Stock Analysis

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity

Total Liab	- 1.0	Retained Earnings
Other Current Assets	- 1.0	Retained Earnings
Non Current Liabilities Total	- 1.0	Retained Earnings
Accounts Payable	- 1.0	Retained Earnings
Net Working Capital	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt