| PROV Stock | | | USD 16.44 0.03 0.18% |
Provident Financial financial indicator trend analysis is much more than just breaking down Provident Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Financial is a good investment. Please check the relationship between Provident Financial Days Sales Outstanding and its Payout Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Days Sales Outstanding vs Payout Ratio
Days Sales Outstanding vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Provident Financial Days Sales Outstanding account and
Payout Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Provident Financial's Days Sales Outstanding and Payout Ratio is -0.29. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Provident Financial Holdings, assuming nothing else is changed. The correlation between historical values of Provident Financial's Days Sales Outstanding and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Provident Financial Holdings are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Days Sales Outstanding i.e., Provident Financial's Days Sales Outstanding and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.29 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Days Sales Outstanding
Payout Ratio
Payout Ratio is the proportion of Provident Financial Holdings earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Provident Financial dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Provident Financial is paying out more in dividends than it makes in net income.
Most indicators from Provident Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Provident Financial 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 Provident Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Provident Financial's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 21.13 in 2024, whereas
Tax Provision is likely to drop slightly above 3
M in 2024.
Provident Financial fundamental ratios Correlations
Click cells to compare fundamentals
Provident Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Provident Financial fundamental ratios Accounts
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Additional Tools for Provident Stock Analysis
When running Provident Financial's price analysis, check to
measure Provident Financial'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 Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to
predict the probability of Provident Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.