| PRES Stock | | | 34.00 0.00 0.00% |
Pressure Technologies financial indicator trend analysis is much more than just breaking down Pressure Technologies Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pressure Technologies Plc is a good investment. Please check the relationship between Pressure Technologies Total Liab and its Cash accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pressure Technologies Plc. 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.
Total Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pressure Technologies Plc Total Liab account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pressure Technologies' Total Liab and Cash is 0.69. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Pressure Technologies Plc, assuming nothing else is changed. The correlation between historical values of Pressure Technologies' Total Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Pressure Technologies Plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Liab i.e., Pressure Technologies' Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.69 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Cash
Cash refers to the most liquid asset of Pressure Technologies Plc, which is listed under current asset account on Pressure Technologies Plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pressure Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Pressure Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Pressure Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pressure Technologies Plc 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 Pressure Technologies Plc. 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 gain to about 7
M in 2025, whereas
Tax Provision is likely to drop (381.6
K) in 2025.
Pressure Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Pressure Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pressure Technologies fundamental ratios Accounts
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measure Pressure Technologies' 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 Pressure Technologies is operating at the current time. Most of Pressure Technologies' value examination focuses on studying past and present price action to
predict the probability of Pressure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pressure Technologies' price. Additionally, you may evaluate how the addition of Pressure Technologies to your portfolios can decrease your overall portfolio volatility.