Precipitate Average Payables vs Net Income Per Share Analysis

PRG Stock

CAD 0.07 0.01 16.67%

Precipitate Gold financial indicator trend analysis is much more than just breaking down Precipitate Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Precipitate Gold Corp is a good investment. Please check the relationship between Precipitate Gold Average Payables and its Net Income Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precipitate Gold Corp. 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.

Average Payables vs Net Income Per Share

Average Payables vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Precipitate Gold Corp Average Payables account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Precipitate Gold's Average Payables and Net Income Per Share is 0.53. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Precipitate Gold Corp, assuming nothing else is changed. The correlation between historical values of Precipitate Gold's Average Payables and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Precipitate Gold Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Average Payables i.e., Precipitate Gold's Average Payables and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Net Income Per Share

Most indicators from Precipitate Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Precipitate Gold Corp 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 Precipitate Gold Corp. 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, Precipitate Gold's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 577.8 K in 2024.

Precipitate Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Other Current Assets	Non Currrent Assets Other	Short Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Gross
Total Assets		0.42	0.7	0.97	0.04	-0.87	-0.4	0.82	0.04	0.82	0.49	-0.07	0.7	0.83	0.67	-0.01	0.76	0.65	-0.19	0.22	-0.48	-0.37	0.89	0.76	0.76	-0.84
Other Current Liab	0.42		0.7	0.29	-0.02	-0.4	-0.51	0.35	-0.02	0.35	0.59	-0.21	0.7	0.36	0.54	-0.25	0.43	0.52	-0.1	0.21	-0.53	-0.49	0.37	0.23	0.52	-0.3
Total Current Liabilities	0.7	0.7		0.52	-0.19	-0.73	-0.34	0.65	-0.19	0.65	0.86	-0.13	1.0	0.66	0.49	-0.19	0.57	0.46	-0.25	0.06	-0.4	-0.41	0.62	0.54	0.5	-0.63
Total Stockholder Equity	0.97	0.29	0.52		0.11	-0.81	-0.36	0.78	0.11	0.78	0.32	-0.04	0.52	0.78	0.65	0.04	0.72	0.63	-0.15	0.25	-0.45	-0.31	0.86	0.73	0.75	-0.8
Property Plant And Equipment Net	0.04	-0.02	-0.19	0.11		0.34	0.23	-0.34	1.0	-0.33	-0.03	-0.05	-0.19	-0.33	-0.27	0.48	-0.35	-0.28	0.73	0.01	0.1	0.3	-0.23	-0.29	-0.16	0.33
Net Debt	-0.87	-0.4	-0.73	-0.81	0.34		0.5	-0.98	0.34	-0.98	-0.49	0.03	-0.73	-0.98	-0.68	0.21	-0.92	-0.68	0.48	-0.21	0.53	0.51	-0.85	-0.9	-0.75	0.92
Retained Earnings	-0.4	-0.51	-0.34	-0.36	0.23	0.5		-0.5	0.23	-0.5	0.03	0.13	-0.34	-0.49	-0.88	0.45	-0.53	-0.9	0.59	-0.46	0.36	0.32	-0.47	-0.37	-0.68	0.38
Cash	0.82	0.35	0.65	0.78	-0.34	-0.98	-0.5		-0.34	1.0	0.42	-0.06	0.65	1.0	0.67	-0.25	0.97	0.68	-0.47	0.22	-0.56	-0.54	0.83	0.95	0.78	-0.92
Non Current Assets Total	0.04	-0.02	-0.19	0.11	1.0	0.34	0.23	-0.34		-0.33	-0.03	-0.05	-0.19	-0.33	-0.27	0.48	-0.35	-0.28	0.73	0.01	0.1	0.3	-0.23	-0.29	-0.16	0.33
Cash And Short Term Investments	0.82	0.35	0.65	0.78	-0.33	-0.98	-0.5	1.0	-0.33		0.42	-0.06	0.65	1.0	0.67	-0.25	0.97	0.68	-0.47	0.22	-0.55	-0.53	0.83	0.95	0.78	-0.92
Net Receivables	0.49	0.59	0.86	0.32	-0.03	-0.49	0.03	0.42	-0.03	0.42		-0.29	0.86	0.44	0.17	0.05	0.36	0.13	0.15	-0.11	-0.36	-0.29	0.4	0.38	0.3	-0.42
Other Stockholder Equity	-0.07	-0.21	-0.13	-0.04	-0.05	0.03	0.13	-0.06	-0.05	-0.06	-0.29		-0.13	-0.07	-0.27	0.1	-0.16	-0.25	-0.35	-0.18	0.17	0.15	-0.27	-0.18	-0.41	0.21
Total Liab	0.7	0.7	1.0	0.52	-0.19	-0.73	-0.34	0.65	-0.19	0.65	0.86	-0.13		0.66	0.49	-0.19	0.57	0.46	-0.25	0.06	-0.4	-0.41	0.62	0.54	0.5	-0.63
Total Current Assets	0.83	0.36	0.66	0.78	-0.33	-0.98	-0.49	1.0	-0.33	1.0	0.44	-0.07	0.66		0.67	-0.24	0.97	0.67	-0.46	0.22	-0.55	-0.53	0.83	0.95	0.78	-0.92
Common Stock Shares Outstanding	0.67	0.54	0.49	0.65	-0.27	-0.68	-0.88	0.67	-0.27	0.67	0.17	-0.27	0.49	0.67		-0.4	0.71	0.99	-0.48	0.38	-0.51	-0.44	0.79	0.59	0.89	-0.67
Net Tangible Assets	-0.01	-0.25	-0.19	0.04	0.48	0.21	0.45	-0.25	0.48	-0.25	0.05	0.1	-0.19	-0.24	-0.4		-0.36	-0.35	0.64	0.17	0.25	0.58	-0.22	-0.3	-0.31	0.35
Accounts Payable	0.76	0.43	0.57	0.72	-0.35	-0.92	-0.53	0.97	-0.35	0.97	0.36	-0.16	0.57	0.97	0.71	-0.36		0.71	-0.45	0.21	-0.64	-0.66	0.82	0.95	0.84	-0.92
Common Stock	0.65	0.52	0.46	0.63	-0.28	-0.68	-0.9	0.68	-0.28	0.68	0.13	-0.25	0.46	0.67	0.99	-0.35	0.71		-0.5	0.46	-0.48	-0.38	0.76	0.58	0.88	-0.64
Property Plant Equipment	-0.19	-0.1	-0.25	-0.15	0.73	0.48	0.59	-0.47	0.73	-0.47	0.15	-0.35	-0.25	-0.46	-0.48	0.64	-0.45	-0.5		-0.11	0.12	0.34	-0.28	-0.34	-0.26	0.38
Other Current Assets	0.22	0.21	0.06	0.25	0.01	-0.21	-0.46	0.22	0.01	0.22	-0.11	-0.18	0.06	0.22	0.38	0.17	0.21	0.46	-0.11		0.3	0.36	0.25	0.13	0.34	-0.1
Non Currrent Assets Other	-0.48	-0.53	-0.4	-0.45	0.1	0.53	0.36	-0.56	0.1	-0.55	-0.36	0.17	-0.4	-0.55	-0.51	0.25	-0.64	-0.48	0.12	0.3		0.71	-0.52	-0.55	-0.66	0.52
Short Term Investments	-0.37	-0.49	-0.41	-0.31	0.3	0.51	0.32	-0.54	0.3	-0.53	-0.29	0.15	-0.41	-0.53	-0.44	0.58	-0.66	-0.38	0.34	0.36	0.71		-0.37	-0.51	-0.47	0.57
Net Invested Capital	0.89	0.37	0.62	0.86	-0.23	-0.85	-0.47	0.83	-0.23	0.83	0.4	-0.27	0.62	0.83	0.79	-0.22	0.82	0.76	-0.28	0.25	-0.52	-0.37		0.84	0.9	-0.92
Net Working Capital	0.76	0.23	0.54	0.73	-0.29	-0.9	-0.37	0.95	-0.29	0.95	0.38	-0.18	0.54	0.95	0.59	-0.3	0.95	0.58	-0.34	0.13	-0.55	-0.51	0.84		0.79	-0.95
Capital Stock	0.76	0.52	0.5	0.75	-0.16	-0.75	-0.68	0.78	-0.16	0.78	0.3	-0.41	0.5	0.78	0.89	-0.31	0.84	0.88	-0.26	0.34	-0.66	-0.47	0.9	0.79		-0.8
Property Plant And Equipment Gross	-0.84	-0.3	-0.63	-0.8	0.33	0.92	0.38	-0.92	0.33	-0.92	-0.42	0.21	-0.63	-0.92	-0.67	0.35	-0.92	-0.64	0.38	-0.1	0.52	0.57	-0.92	-0.95	-0.8

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Precipitate Gold Account Relationship Matchups

Precipitate Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5M	2.5M	8.0M	6.4M	7.4M	3.9M
Other Current Liab	40.9K	60.2K	1.7M	380.9K	438.1K	332.8K
Total Current Liabilities	60.2K	134.9K	2.2M	380.9K	438.1K	296.8K
Total Stockholder Equity	3.4M	2.4M	5.8M	6.0M	6.9M	3.6M
Property Plant And Equipment Net	1.9M	2.0M	1.1M	904.9K	814.4K	1.2M
Net Debt	(1.5M)	(446.3K)	(6.6M)	(5.4M)	(4.9M)	(4.7M)
Retained Earnings	(15.3M)	(17.0M)	(15.6M)	(15.4M)	(13.8M)	(14.5M)
Cash	1.5M	446.3K	6.6M	5.4M	6.3M	6.6M
Non Current Assets Total	1.9M	2.0M	1.1M	904.9K	814.4K	1.2M
Cash And Short Term Investments	1.5M	452.3K	6.6M	5.4M	6.3M	6.6M
Net Receivables	41.5K	40.5K	225.4K	37.1K	42.7K	59.1K
Liabilities And Stockholders Equity	3.5M	2.5M	8.0M	6.4M	7.4M	3.9M
Other Stockholder Equity	3.2M	3.5M	4.1M	4.4M	4.0M	4.7M
Total Liab	60.2K	134.9K	2.2M	380.9K	438.1K	296.8K
Total Current Assets	1.6M	535.8K	6.9M	5.5M	6.3M	6.7M
Accumulated Other Comprehensive Income	3.2M	3.5M	4.1M	4.4M	5.1M	2.8M
Common Stock Shares Outstanding	101.1M	106.6M	128.2M	130.4M	149.9M	80.3M
Net Tangible Assets	1.7M	3.3M	3.4M	2.4M	2.1M	2.2M
Accounts Payable	40.9K	45.3K	134.9K	495.4K	569.7K	598.1K
Common Stock	13.8M	15.2M	15.3M	17.0M	19.5M	13.5M
Property Plant Equipment	1.8M	1.9M	2.0M	1.1M	993.9K	1.2M
Other Current Assets	16.5K	43K	26.6K	29.0K	33.3K	33.8K
Short Term Investments	51K	31K	6K	3K	2.7K	2.6K
Net Invested Capital	3.3M	3.4M	2.4M	5.8M	6.7M	3.5M
Net Working Capital	1.5M	1.5M	400.9K	4.7M	5.4M	5.7M
Capital Stock	13.8M	15.2M	15.3M	17.0M	19.5M	16.1M

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