Powell Net Debt vs Capital Lease Obligations Analysis
| PMAX Stock | 2.89 0.07 2.48% |
Powell Max financial indicator trend analysis is much more than just breaking down Powell Max Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Powell Max Limited is a good investment. Please check the relationship between Powell Max Net Debt and its Capital Lease Obligations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Powell Max Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Debt vs Capital Lease Obligations
Net Debt vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Powell Max Limited Net Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have totally related.
The correlation between Powell Max's Net Debt and Capital Lease Obligations is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Powell Max Limited, assuming nothing else is changed. The correlation between historical values of Powell Max's Net Debt and Capital Lease Obligations 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 Debt of Powell Max Limited are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Debt i.e., Powell Max's Net Debt and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Capital Lease Obligations
Powell Max Limited capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Powell Max asset purchases. For example, Powell Max can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Powell Max control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Powell Max's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Powell Max Limited 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 Powell Max Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Selling General Administrative is likely to drop to about 8.4 M in 2024
| 2010 | 2023 | 2024 (projected) | Interest Expense | 690.5K | 550.7K | 496.5K | Interest Income | 1.5K | 48.2K | 27.3K |
Powell Max fundamental ratios Correlations
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Powell Max Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Powell Max's price analysis, check to measure Powell Max'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 Powell Max is operating at the current time. Most of Powell Max's value examination focuses on studying past and present price action to predict the probability of Powell Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Powell Max's price. Additionally, you may evaluate how the addition of Powell Max to your portfolios can decrease your overall portfolio volatility.