Premier Property Plant And Equipment Net vs Non Current Assets Total 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 Property Plant And Equipment Net and its Non Current Assets Total 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.

Property Plant And Equipment Net vs Non Current Assets Total

Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier African Minerals Property Plant And Equipment Net account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Premier African's Property Plant And Equipment Net and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total 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 Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Premier African Minerals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., Premier African's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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