Premier Common Stock vs Short Term Debt Analysis

PREM Stock   0.02  0.0005  2.04%   
Premier African financial indicator trend analysis is much more than just breaking down Premier African Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier African Minerals is a good investment. Please check the relationship between Premier African Common Stock and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier African Minerals. 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.

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier African Minerals Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Premier African's Common Stock and Short Term Debt is -0.41. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Premier African Minerals, assuming nothing else is changed. The correlation between historical values of Premier African's Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Premier African Minerals are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Premier African's Common Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Short Term Debt

Most indicators from Premier African's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier African Minerals 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 Premier African Minerals. 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.
At this time, Premier African's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 22.7 M in 2025, despite the fact that Discontinued Operations is likely to grow to (116.3 K).
 2022 2023 2024 2025 (projected)
Interest Expense1.2M5.8M6.7M7.0M
Depreciation And Amortization34K371K426.7K762.3K

Premier African fundamental ratios Correlations

0.980.990.440.87-0.070.980.33-0.060.660.99-0.16-0.820.921.00.10.340.470.87-0.430.9-0.730.980.92-0.05-0.32
0.981.00.440.85-0.161.00.290.020.580.99-0.09-0.820.930.980.030.30.410.85-0.380.93-0.740.990.90.01-0.39
0.991.00.440.85-0.140.990.290.020.580.99-0.09-0.820.940.990.050.290.420.85-0.380.92-0.730.990.90.02-0.39
0.440.440.440.21-0.020.4-0.270.170.020.460.39-0.230.540.46-0.45-0.26-0.130.150.120.58-0.110.420.250.120.28
0.870.850.850.21-0.230.860.27-0.440.840.82-0.26-0.950.820.870.40.290.790.97-0.660.79-0.840.880.79-0.41-0.41
-0.07-0.16-0.14-0.02-0.23-0.22-0.140.23-0.05-0.060.210.25-0.08-0.050.18-0.14-0.18-0.320.17-0.160.42-0.12-0.190.330.26
0.981.00.990.40.86-0.220.35-0.030.60.98-0.16-0.830.910.980.040.350.440.87-0.420.91-0.760.990.93-0.04-0.39
0.330.290.29-0.270.27-0.140.35-0.330.40.33-0.91-0.22-0.020.280.021.00.270.37-0.28-0.06-0.240.230.65-0.31-0.2
-0.060.020.020.17-0.440.23-0.03-0.33-0.590.030.590.370.07-0.04-0.49-0.34-0.69-0.390.640.090.28-0.01-0.160.96-0.12
0.660.580.580.020.84-0.050.60.4-0.590.59-0.49-0.80.50.650.510.410.930.81-0.710.47-0.680.620.65-0.53-0.21
0.990.990.990.460.82-0.060.980.330.030.59-0.13-0.770.910.990.020.340.380.82-0.380.91-0.690.980.920.04-0.3
-0.16-0.09-0.090.39-0.260.21-0.16-0.910.59-0.49-0.130.20.18-0.1-0.13-0.91-0.43-0.320.50.20.21-0.05-0.490.570.08
-0.82-0.82-0.82-0.23-0.950.25-0.83-0.220.37-0.8-0.770.2-0.81-0.82-0.34-0.23-0.79-0.880.58-0.750.73-0.84-0.730.360.46
0.920.930.940.540.82-0.080.91-0.020.070.50.910.18-0.810.930.06-0.010.390.77-0.320.96-0.690.950.710.06-0.38
1.00.980.990.460.87-0.050.980.28-0.040.650.99-0.1-0.820.930.10.290.460.86-0.410.92-0.730.990.9-0.02-0.32
0.10.030.05-0.450.40.180.040.02-0.490.510.02-0.13-0.340.060.10.030.610.41-0.330.02-0.310.110.04-0.39-0.14
0.340.30.29-0.260.29-0.140.351.0-0.340.410.34-0.91-0.23-0.010.290.030.290.38-0.29-0.05-0.250.240.66-0.32-0.2
0.470.410.42-0.130.79-0.180.440.27-0.690.930.38-0.43-0.790.390.460.610.290.74-0.70.33-0.650.460.45-0.64-0.33
0.870.850.850.150.97-0.320.870.37-0.390.810.82-0.32-0.880.770.860.410.380.74-0.610.76-0.910.870.84-0.39-0.4
-0.43-0.38-0.380.12-0.660.17-0.42-0.280.64-0.71-0.380.50.58-0.32-0.41-0.33-0.29-0.7-0.61-0.370.59-0.42-0.480.660.02
0.90.930.920.580.79-0.160.91-0.060.090.470.910.2-0.750.960.920.02-0.050.330.76-0.37-0.70.940.720.07-0.22
-0.73-0.74-0.73-0.11-0.840.42-0.76-0.240.28-0.68-0.690.210.73-0.69-0.73-0.31-0.25-0.65-0.910.59-0.7-0.75-0.70.330.41
0.980.990.990.420.88-0.120.990.23-0.010.620.98-0.05-0.840.950.990.110.240.460.87-0.420.94-0.750.88-0.01-0.37
0.920.90.90.250.79-0.190.930.65-0.160.650.92-0.49-0.730.710.90.040.660.450.84-0.480.72-0.70.88-0.16-0.3
-0.050.010.020.12-0.410.33-0.04-0.310.96-0.530.040.570.360.06-0.02-0.39-0.32-0.64-0.390.660.070.33-0.01-0.16-0.1
-0.32-0.39-0.390.28-0.410.26-0.39-0.2-0.12-0.21-0.30.080.46-0.38-0.32-0.14-0.2-0.33-0.40.02-0.220.41-0.37-0.3-0.1
Click cells to compare fundamentals

Premier African Account Relationship Matchups

Premier African fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.2M15.4M51.1M65.1M74.9M78.6M
Total Current Liabilities508K766K33.9M50.2M57.8M60.7M
Total Liab935K1.1M34.3M50.6M58.2M61.1M
Common Stock52.5M56.1M71.0M88.5M101.8M106.9M
Other Current Liab270K336K32.7M43.2M49.7M52.1M
Cash727K963K9.6M542K623.3K1.2M
Short Long Term Debt Total595K750K180K2.4M2.2M1.2M
Total Stockholder Equity20.1M26.6M29.5M27.7M31.8M17.3M
Property Plant And Equipment Net120K4.8M40.7M53.2M61.2M64.3M
Net Debt(727K)(783K)(9.4M)1.9M1.7M1.8M
Retained Earnings(21.4M)(19.4M)(32.7M)(51.9M)(46.7M)(44.4M)
Accounts Payable238K250K984K4.6M5.3M5.6M
Non Current Assets Total8.5M14.0M41.2M58.7M67.5M70.8M
Non Currrent Assets Other8.3M9.2M501K733K843.0K575.6K
Cash And Short Term Investments727K963K9.6M542K623.3K1.2M
Common Stock Shares Outstanding13.2B18.3B21.7B23.5B27.1B28.4B
Liabilities And Stockholders Equity9.2M15.4M51.1M65.1M74.9M78.6M
Non Current Liabilities Total388K427K362K360K324K307.8K
Other Current Assets18K7K386K5.0M5.8M6.0M
Other Stockholder Equity(13.9M)(13.6M)(13.0M)(23.3M)(21.0M)(19.9M)
Property Plant And Equipment Gross120K8.4M44.2M78.7M90.5M95.1M
Total Current Assets735K1.3M9.8M6.5M7.5M7.8M
Accumulated Other Comprehensive Income(13.2K)(13.5K)(13.0K)(14.4M)(13.0M)(12.3M)
Short Term Debt561K750K180K2.4M2.2M1.3M
Net Tangible Assets14.5M16.5M20.0M21.9M25.2M13.4M
Short Long Term Debt715K0.0180K2.4M2.2M2.3M
Other Liab983K388K427K362K325.8K309.5K
Net Invested Capital20.1M26.7M29.7M30.1M34.7M25.0M
Net Working Capital227K583K(24.1M)(43.8M)(39.4M)(37.4M)
Capital Stock52.5M56.1M71.0M88.5M101.8M66.4M

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