Plum Total Current Assets vs Cash 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 Total Current Assets and its Cash 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plum Acquisition Corp Total Current Assets account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Plum Acquisition's Total Current Assets and Cash is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Plum Acquisition Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Plum Acquisition's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
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
Click cells to compare fundamentals

Plum Acquisition Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.