Powell Net Invested Capital vs Net Working Capital Analysis
| PMAX Stock | 2.55 0.34 11.76% |
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 Invested Capital and its Net Working Capital 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 Invested Capital vs Net Working Capital
Net Invested Capital vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Powell Max Limited Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Powell Max's Net Invested Capital and Net Working Capital is 1.0. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital 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 Invested Capital and Net Working Capital 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 Invested Capital of Powell Max Limited are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Powell Max's Net Invested Capital and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Working Capital
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Powell Stock Analysis
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.