| PREMIERPOL | | | 71.42 3.21 4.30% |
Premier Polyfilm financial indicator trend analysis is much more than just breaking down Premier Polyfilm prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier Polyfilm is a good investment. Please check the relationship between Premier Polyfilm Capital Expenditures and its Other Non Cash Items accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Polyfilm 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 gross domestic product.
Capital Expenditures vs Other Non Cash Items
Capital Expenditures vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier Polyfilm Capital Expenditures account and
Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Premier Polyfilm's Capital Expenditures and Other Non Cash Items is -0.47. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Premier Polyfilm Limited, assuming nothing else is changed. The correlation between historical values of Premier Polyfilm's Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Premier Polyfilm Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Premier Polyfilm's Capital Expenditures and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.47 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Premier Polyfilm to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Premier Polyfilm operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Other Non Cash Items
Most indicators from Premier Polyfilm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier Polyfilm 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 Polyfilm 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 gross domestic product.
As of 12/22/2024,
Selling General Administrative is likely to drop to about 30.8
M. In addition to that,
Tax Provision is likely to drop to about 33.5
MPremier Polyfilm fundamental ratios Correlations
Click cells to compare fundamentals
Premier Polyfilm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier Polyfilm fundamental ratios Accounts
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Additional Tools for Premier Stock Analysis
When running Premier Polyfilm's price analysis, check to
measure Premier Polyfilm'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 Polyfilm is operating at the current time. Most of Premier Polyfilm's value examination focuses on studying past and present price action to
predict the probability of Premier Polyfilm'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 Polyfilm's price. Additionally, you may evaluate how the addition of Premier Polyfilm to your portfolios can decrease your overall portfolio volatility.