Premier Other Liab vs Net Tangible Assets Analysis

PREMIERPOL   76.95  1.58  2.01%   
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 Other Liab and its Net Tangible Assets 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.

Other Liab vs Net Tangible Assets

Other Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Polyfilm Other Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
Other LiabNet Tangible AssetsDiversified AwayOther LiabNet Tangible AssetsDiversified Away100%
The correlation between Premier Polyfilm's Other Liab and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Tangible Assets 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 Other Liab and Net Tangible 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 Other Liab of Premier Polyfilm Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Liab i.e., Premier Polyfilm's Other Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 01/12/2025, Tax Provision is likely to grow to about 80.5 M, while Selling General Administrative is likely to drop slightly above 30.8 M.
 2022 2023 2024 2025 (projected)
Interest Expense27.3M20.4M23.5M16.7M
Depreciation And Amortization49.3M51.6M59.3M31.2M

Premier Polyfilm fundamental ratios Correlations

0.660.440.730.790.970.460.77-0.170.870.6-0.420.810.81-0.010.420.810.98-0.210.74-0.280.350.950.340.950.97
0.660.420.970.340.690.80.3-0.230.550.48-0.340.670.81-0.16-0.050.960.680.010.79-0.240.360.480.750.750.56
0.440.420.470.290.37-0.060.250.110.340.320.030.50.610.020.20.520.50.00.68-0.66-0.10.320.00.340.48
0.730.970.470.410.730.740.37-0.190.60.5-0.450.630.9-0.220.020.980.77-0.020.88-0.270.290.560.660.790.64
0.790.340.290.410.760.211.0-0.190.960.46-0.410.610.540.050.70.490.76-0.710.5-0.170.260.830.140.770.82
0.970.690.370.730.760.520.74-0.290.870.5-0.340.810.730.040.330.80.92-0.190.69-0.260.30.930.460.950.95
0.460.8-0.060.740.210.520.17-0.450.410.21-0.250.390.59-0.15-0.060.710.440.010.420.350.520.30.640.630.4
0.770.30.250.371.00.740.17-0.130.950.48-0.450.610.510.020.710.460.75-0.720.47-0.160.270.830.10.740.79
-0.17-0.230.11-0.19-0.19-0.29-0.45-0.13-0.280.53-0.150.05-0.15-0.10.1-0.14-0.060.110.01-0.05-0.25-0.19-0.46-0.26-0.23
0.870.550.340.60.960.870.410.95-0.280.47-0.410.710.650.030.570.670.82-0.610.62-0.20.280.860.350.880.88
0.60.480.320.50.460.50.210.480.530.47-0.520.70.550.020.340.590.67-0.160.5-0.120.350.470.110.590.52
-0.42-0.340.03-0.45-0.41-0.34-0.25-0.45-0.15-0.41-0.52-0.24-0.470.14-0.2-0.43-0.50.26-0.40.02-0.17-0.37-0.09-0.38-0.33
0.810.670.50.630.610.810.390.610.050.710.7-0.240.630.020.330.770.81-0.170.67-0.330.390.750.340.790.75
0.810.810.610.90.540.730.590.51-0.150.650.55-0.470.63-0.150.290.90.87-0.090.86-0.250.40.640.370.820.75
-0.01-0.160.02-0.220.050.04-0.150.02-0.10.030.020.140.02-0.150.05-0.18-0.080.04-0.290.03-0.14-0.08-0.130.040.16
0.42-0.050.20.020.70.33-0.060.710.10.570.34-0.20.330.290.050.10.43-0.60.170.050.230.45-0.270.40.48
0.810.960.520.980.490.80.710.46-0.140.670.59-0.430.770.9-0.180.10.84-0.060.89-0.310.340.650.630.850.71
0.980.680.50.770.760.920.440.75-0.060.820.67-0.50.810.87-0.080.430.84-0.20.8-0.310.380.910.30.930.92
-0.210.010.0-0.02-0.71-0.190.01-0.720.11-0.61-0.160.26-0.17-0.090.04-0.6-0.06-0.2-0.1-0.04-0.12-0.31-0.01-0.26-0.25
0.740.790.680.880.50.690.420.470.010.620.5-0.40.670.86-0.290.170.890.8-0.1-0.480.060.630.390.720.66
-0.28-0.24-0.66-0.27-0.17-0.260.35-0.16-0.05-0.2-0.120.02-0.33-0.250.030.05-0.31-0.31-0.04-0.480.26-0.32-0.27-0.13-0.22
0.350.36-0.10.290.260.30.520.27-0.250.280.35-0.170.390.4-0.140.230.340.38-0.120.060.260.30.250.410.26
0.950.480.320.560.830.930.30.83-0.190.860.47-0.370.750.64-0.080.450.650.91-0.310.63-0.320.30.280.860.9
0.340.750.00.660.140.460.640.1-0.460.350.11-0.090.340.37-0.13-0.270.630.3-0.010.39-0.270.250.280.480.23
0.950.750.340.790.770.950.630.74-0.260.880.59-0.380.790.820.040.40.850.93-0.260.72-0.130.410.860.480.93
0.970.560.480.640.820.950.40.79-0.230.880.52-0.330.750.750.160.480.710.92-0.250.66-0.220.260.90.230.93
Click cells to compare fundamentals

Premier Polyfilm Account Relationship Matchups

Premier Polyfilm fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets913.6M1.2B1.4B1.3B1.5B818.9M
Short Long Term Debt Total191.7M291.5M333.4M147.5M169.6M187.5M
Other Current Liab53.4M251.5M307.4M63.5M73.0M95.6M
Total Current Liabilities280.9M470.7M495.5M276.5M318.0M304.3M
Total Stockholder Equity543.9M630.9M739.1M944.3M1.1B1.1B
Property Plant And Equipment Net399.2M420.1M545.5M520.1M598.1M302.5M
Net Debt151.7M236.9M52.8M102.1M117.4M116.0M
Retained Earnings190.1M237.4M303.7M459.3M528.2M554.6M
Cash40.0M54.6M47.6M47.9M43.1M40.5M
Non Current Assets Total450.4M508.2M618M645M741.8M778.8M
Cash And Short Term Investments83.2M84M86.5M78.5M90.3M74.4M
Liabilities And Stockholders Equity913.6M1.2B1.4B1.3B1.5B818.9M
Non Current Liabilities Total88.8M106.2M143.9M110.5M127.1M87.2M
Inventory159.8M334.7M292.2M202.4M232.8M188.4M
Other Current Assets222.2M39.4M54.4M49.2M44.3M44.1M
Other Stockholder Equity84.5M287.6M89.4M379.1M436.0M457.8M
Total Liab369.7M576.9M639.4M387M445.1M391.6M
Total Current Assets463.2M699.6M760.5M686.3M789.2M481.1M
Accumulated Other Comprehensive Income158.6M198.2M240.1M838.4M964.2M1.0B
Accounts Payable74M168.2M188.1M104M119.6M114.6M
Current Deferred Revenue47.4M54.7M(233M)12.6M11.3M11.9M
Non Currrent Assets Other8.3M20.1M3.3M25.7M29.6M15.5M
Net Receivables177.7M230.6M327.4M356.2M409.6M218.5M
Short Term Debt141.5M34.8M233M87.6M100.7M141.9M
Other Liab36.2M40.0M38.7M44.1M50.7M36.0M
Net Tangible Assets416.3M462.8M543.9M630.9M725.5M442.9M
Other Assets(1.0)17.9M35.2M16.3M18.7M18.3M
Long Term Debt38.1M50.1M62.1M100.4M115.5M64.7M
Short Long Term Debt235.0M121.9M229.4M233M268.0M172.7M
Property Plant Equipment421.0M399.2M420.1M545.5M627.3M364.8M
Short Term Investments43.2M29.4M38.9M30.6M35.2M35.7M
Long Term Debt Total38.2M50.1M62.1M100.4M115.5M68.8M
Cash And Equivalents12.8M16.2M56M19.5M17.6M33.0M
Net Invested Capital715.9M630.9M839.5M944.3M1.1B826.6M
Net Working Capital182.3M228.9M265M409.8M471.3M494.8M
Property Plant And Equipment Gross584.2M645.7M545.5M520.1M468.1M458.2M

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