Plum Other Current Assets vs Capital Stock 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 Other Current Assets and its Capital Stock 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.

Other Current Assets vs Capital Stock

Other Current Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plum Acquisition Corp Other Current Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Plum Acquisition's Other Current Assets and Capital Stock is 0.92. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Capital Stock 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 Other Current Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Plum Acquisition Corp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Other Current Assets i.e., Plum Acquisition's Other Current Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Expenses761.6K2.8M833.9K1.6M
Depreciation And Amortization236.6K228.5K167.9K168.8K

Plum Acquisition fundamental ratios Correlations

0.220.341.0-0.73-0.950.920.871.0-0.530.740.920.930.920.941.00.861.00.671.00.87
0.220.990.280.490.03-0.12-0.250.230.7-0.490.21-0.11-0.12-0.060.28-0.270.24-0.560.240.2
0.340.990.390.37-0.090.0-0.130.350.61-0.390.320.010.00.060.39-0.150.35-0.450.350.31
1.00.280.39-0.7-0.940.910.851.0-0.480.70.930.910.910.931.00.831.00.631.00.87
-0.730.490.37-0.70.89-0.93-0.97-0.720.96-0.99-0.73-0.92-0.93-0.9-0.7-0.97-0.72-1.0-0.72-0.7
-0.950.03-0.09-0.940.89-1.0-0.97-0.950.74-0.87-0.95-1.0-1.0-1.0-0.94-0.97-0.95-0.85-0.95-0.91
0.92-0.120.00.91-0.93-1.00.990.92-0.790.910.921.01.01.00.910.990.920.890.920.89
0.87-0.25-0.130.85-0.97-0.970.990.87-0.870.950.870.990.990.980.851.00.870.940.870.84
1.00.230.351.0-0.72-0.950.920.87-0.520.730.920.920.920.941.00.851.00.661.00.87
-0.530.70.61-0.480.960.74-0.79-0.87-0.52-0.95-0.54-0.79-0.8-0.76-0.48-0.88-0.52-0.98-0.52-0.52
0.74-0.49-0.390.7-0.99-0.870.910.950.73-0.950.670.90.910.880.70.960.730.980.730.63
0.920.210.320.93-0.73-0.950.920.870.92-0.540.670.930.920.940.930.860.920.680.920.99
0.93-0.110.010.91-0.92-1.01.00.990.92-0.790.90.931.01.00.910.990.920.890.920.89
0.92-0.120.00.91-0.93-1.01.00.990.92-0.80.910.921.01.00.910.990.920.890.920.89
0.94-0.060.060.93-0.9-1.01.00.980.94-0.760.880.941.01.00.930.980.940.860.940.91
1.00.280.391.0-0.7-0.940.910.851.0-0.480.70.930.910.910.930.831.00.631.00.87
0.86-0.27-0.150.83-0.97-0.970.991.00.85-0.880.960.860.990.990.980.830.850.950.850.83
1.00.240.351.0-0.72-0.950.920.871.0-0.520.730.920.920.920.941.00.850.661.00.87
0.67-0.56-0.450.63-1.0-0.850.890.940.66-0.980.980.680.890.890.860.630.950.660.660.65
1.00.240.351.0-0.72-0.950.920.871.0-0.520.730.920.920.920.941.00.851.00.660.87
0.870.20.310.87-0.7-0.910.890.840.87-0.520.630.990.890.890.910.870.830.870.650.87
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Plum Acquisition Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Plum Stock Analysis

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