Pacific Accounts Payable vs Other Assets Analysis

PPM Stock  CAD 0.01  0.01  50.00%   
Pacific Imperial financial indicator trend analysis is much more than just breaking down Pacific Imperial Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Imperial Mines is a good investment. Please check the relationship between Pacific Imperial Accounts Payable and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Imperial Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Imperial Mines Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pacific Imperial's Accounts Payable and Other Assets is -0.22. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Pacific Imperial Mines, assuming nothing else is changed. The correlation between historical values of Pacific Imperial's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Pacific Imperial Mines are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Pacific Imperial's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Pacific Imperial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Pacific Imperial Mines are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Assets

Most indicators from Pacific Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Imperial Mines 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 Pacific Imperial Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 109.8 K in 2024. Issuance Of Capital Stock is likely to climb to about 235.2 K in 2024

Pacific Imperial fundamental ratios Correlations

-0.440.860.960.03-0.40.99-0.41-0.441.00.10.020.07-0.46-0.270.320.38-0.290.740.710.36-0.43-0.38
-0.44-0.83-0.55-0.60.99-0.450.921.0-0.430.42-0.220.370.38-0.19-0.3-0.650.83-0.77-0.86-0.790.930.83
0.86-0.830.90.36-0.810.86-0.77-0.830.85-0.190.14-0.18-0.51-0.050.370.61-0.650.890.920.65-0.79-0.7
0.96-0.550.90.16-0.50.95-0.58-0.550.95-0.020.11-0.06-0.51-0.210.370.53-0.450.790.760.4-0.56-0.42
0.03-0.60.360.16-0.570.02-0.72-0.60.01-0.89-0.03-0.58-0.250.860.660.66-0.70.340.40.42-0.57-0.42
-0.40.99-0.81-0.5-0.57-0.430.880.99-0.40.38-0.190.30.3-0.19-0.22-0.590.77-0.78-0.86-0.780.90.81
0.99-0.450.860.950.02-0.43-0.42-0.450.990.130.00.16-0.36-0.260.20.35-0.250.810.770.37-0.43-0.39
-0.410.92-0.77-0.58-0.720.88-0.420.92-0.390.57-0.320.520.41-0.3-0.4-0.810.92-0.73-0.78-0.650.890.68
-0.441.0-0.83-0.55-0.60.99-0.450.92-0.430.42-0.220.370.38-0.19-0.3-0.650.83-0.77-0.86-0.790.930.83
1.0-0.430.850.950.01-0.40.99-0.39-0.430.13-0.010.13-0.41-0.270.260.34-0.240.770.730.36-0.41-0.38
0.10.42-0.19-0.02-0.890.380.130.570.420.13-0.130.70.35-0.8-0.65-0.610.69-0.15-0.2-0.10.490.27
0.02-0.220.140.11-0.03-0.190.0-0.32-0.22-0.01-0.13-0.57-0.55-0.34-0.10.5-0.460.040.06-0.02-0.23-0.06
0.070.37-0.18-0.06-0.580.30.160.520.370.130.7-0.570.64-0.3-0.62-0.780.780.070.0-0.130.410.21
-0.460.38-0.51-0.51-0.250.3-0.360.410.38-0.410.35-0.550.640.11-0.64-0.560.63-0.13-0.2-0.210.470.33
-0.27-0.19-0.05-0.210.86-0.19-0.26-0.3-0.19-0.27-0.8-0.34-0.30.110.490.27-0.280.040.070.11-0.18-0.12
0.32-0.30.370.370.66-0.220.2-0.4-0.30.26-0.65-0.1-0.62-0.640.490.54-0.550.070.120.18-0.35-0.21
0.38-0.650.610.530.66-0.590.35-0.81-0.650.34-0.610.5-0.78-0.560.270.54-0.850.490.510.4-0.64-0.42
-0.290.83-0.65-0.45-0.70.77-0.250.920.83-0.240.69-0.460.780.63-0.28-0.55-0.85-0.49-0.57-0.530.870.65
0.74-0.770.890.790.34-0.780.81-0.73-0.770.77-0.150.040.07-0.130.040.070.49-0.490.980.58-0.71-0.62
0.71-0.860.920.760.4-0.860.77-0.78-0.860.73-0.20.060.0-0.20.070.120.51-0.570.980.68-0.79-0.72
0.36-0.790.650.40.42-0.780.37-0.65-0.790.36-0.1-0.02-0.13-0.210.110.180.4-0.530.580.68-0.75-0.9
-0.430.93-0.79-0.56-0.570.9-0.430.890.93-0.410.49-0.230.410.47-0.18-0.35-0.640.87-0.71-0.79-0.750.89
-0.380.83-0.7-0.42-0.420.81-0.390.680.83-0.380.27-0.060.210.33-0.12-0.21-0.420.65-0.62-0.72-0.90.89
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Pacific Imperial Account Relationship Matchups

Pacific Imperial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets137.6K324.0K95.1K26.7K39.3K37.3K
Total Current Liabilities9.0K157.9K110.1K306.9K399.7K419.7K
Total Stockholder Equity128.7K166.1K(15.0K)(280.2K)(360.4K)(342.4K)
Net Tangible Assets223.4K128.7K166.1K(15.0K)(17.3K)(16.4K)
Retained Earnings(6.6M)(7.2M)(7.3M)(7.6M)(7.7M)(8.1M)
Accounts Payable1.7K63.7K27.8K131.1K159.4K167.4K
Cash126.3K299.9K64.7K11.5K19.3K18.3K
Net Receivables7.4K9.9K19.8K26.7K30.7K32.2K
Total Liab9.0K157.9K110.1K306.9K399.7K419.7K
Total Current Assets137.6K324.0K95.1K26.7K39.3K37.3K
Net Invested Capital128.7K166.1K(15.0K)(160.2K)(190.4K)(180.9K)
Net Working Capital128.7K166.1K(15.0K)(280.2K)(360.4K)(342.4K)

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