Perseus Non Currrent Assets Other vs Total Liab Analysis

PRU Stock  CAD 2.42  0.05  2.11%   
Perseus Mining financial indicator trend analysis is much more than just breaking down Perseus Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perseus Mining is a good investment. Please check the relationship between Perseus Mining Non Currrent Assets Other and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perseus Mining. 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.

Non Currrent Assets Other vs Total Liab

Non Currrent Assets Other vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perseus Mining Non Currrent Assets Other account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Perseus Mining's Non Currrent Assets Other and Total Liab is -0.79. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Liab in the same time period over historical financial statements of Perseus Mining, assuming nothing else is changed. The correlation between historical values of Perseus Mining's Non Currrent Assets Other and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Perseus Mining are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Currrent Assets Other i.e., Perseus Mining's Non Currrent Assets Other and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Perseus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perseus Mining 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 Perseus Mining. 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, Perseus Mining's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 71.8 M, while Issuance Of Capital Stock is likely to drop about 44.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.4M6.3M4.4M2.9M
Depreciation And Amortization215.3M219.9M95.2M68.7M

Perseus Mining fundamental ratios Correlations

-0.530.880.640.97-0.530.410.970.860.970.6-0.180.750.850.730.50.730.960.660.71-0.790.430.850.10.15-0.59
-0.53-0.13-0.44-0.380.55-0.45-0.42-0.68-0.38-0.520.47-0.04-0.29-0.63-0.09-0.07-0.53-0.51-0.260.34-0.1-0.340.19-0.290.61
0.88-0.130.490.9-0.330.230.890.660.90.42-0.010.780.790.580.540.790.840.490.66-0.770.420.820.180.04-0.28
0.64-0.440.490.56-0.930.940.580.810.60.97-0.450.490.630.430.380.30.610.980.94-0.210.120.49-0.270.28-0.71
0.97-0.380.90.56-0.390.290.970.731.00.47-0.070.820.890.660.490.80.940.550.71-0.850.510.890.190.02-0.55
-0.530.55-0.33-0.93-0.39-0.96-0.42-0.83-0.44-0.980.54-0.27-0.42-0.42-0.24-0.04-0.51-0.96-0.780.040.09-0.270.46-0.360.61
0.41-0.450.230.940.29-0.960.330.720.340.97-0.560.210.370.290.270.030.410.950.780.05-0.060.23-0.370.38-0.63
0.97-0.420.890.580.97-0.420.330.770.970.51-0.160.770.840.680.480.810.960.580.69-0.80.480.890.220.11-0.6
0.86-0.680.660.810.73-0.830.720.770.750.86-0.460.440.610.670.410.450.810.870.73-0.490.240.62-0.140.42-0.66
0.97-0.380.90.61.0-0.440.340.970.750.51-0.090.830.890.660.50.780.950.580.73-0.810.480.860.150.03-0.55
0.6-0.520.420.970.47-0.980.970.510.860.51-0.550.350.510.410.360.220.570.990.85-0.140.070.4-0.280.43-0.69
-0.180.47-0.01-0.45-0.070.54-0.56-0.16-0.46-0.09-0.550.13-0.120.13-0.030.05-0.25-0.49-0.270.060.05-0.070.04-0.720.56
0.75-0.040.780.490.82-0.270.210.770.440.830.350.130.920.470.40.690.670.430.71-0.590.450.710.13-0.12-0.44
0.85-0.290.790.630.89-0.420.370.840.610.890.51-0.120.920.470.520.730.810.590.78-0.750.460.850.210.1-0.62
0.73-0.630.580.430.66-0.420.290.680.670.660.410.130.470.470.220.380.670.470.42-0.440.250.55-0.17-0.17-0.34
0.5-0.090.540.380.49-0.240.270.480.410.50.36-0.030.40.520.220.610.390.390.42-0.450.380.460.450.01-0.18
0.73-0.070.790.30.8-0.040.030.810.450.780.220.050.690.730.380.610.70.30.5-0.790.790.840.680.15-0.43
0.96-0.530.840.610.94-0.510.410.960.810.950.57-0.250.670.810.670.390.70.630.67-0.790.370.860.120.2-0.59
0.66-0.510.490.980.55-0.960.950.580.870.580.99-0.490.430.590.470.390.30.630.89-0.210.120.49-0.230.39-0.72
0.71-0.260.660.940.71-0.780.780.690.730.730.85-0.270.710.780.420.420.50.670.89-0.370.270.64-0.140.15-0.68
-0.790.34-0.77-0.21-0.850.040.05-0.8-0.49-0.81-0.140.06-0.59-0.75-0.44-0.45-0.79-0.79-0.21-0.37-0.51-0.87-0.44-0.070.36
0.43-0.10.420.120.510.09-0.060.480.240.480.070.050.450.460.250.380.790.370.120.27-0.510.470.660.2-0.42
0.85-0.340.820.490.89-0.270.230.890.620.860.4-0.070.710.850.550.460.840.860.490.64-0.870.470.360.14-0.56
0.10.190.18-0.270.190.46-0.370.22-0.140.15-0.280.040.130.21-0.170.450.680.12-0.23-0.14-0.440.660.360.26-0.14
0.15-0.290.040.280.02-0.360.380.110.420.030.43-0.72-0.120.1-0.170.010.150.20.390.15-0.070.20.140.26-0.48
-0.590.61-0.28-0.71-0.550.61-0.63-0.6-0.66-0.55-0.690.56-0.44-0.62-0.34-0.18-0.43-0.59-0.72-0.680.36-0.42-0.56-0.14-0.48
Click cells to compare fundamentals

Perseus Mining Account Relationship Matchups

Perseus Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B2.0B2.4B1.3B855.0M
Other Current Liab8.4M2.8M9.4M(49.8M)2.3M2.2M
Total Current Liabilities109.8M124.6M168.1M172.2M99.8M79.5M
Total Stockholder Equity866.8M1.0B1.5B1.9B2.4B2.5B
Property Plant And Equipment Net868.0M990.4M1.3B1.3B752.8M556.1M
Net Debt1.3M(44.1M)(340.3M)(725.0M)(799.1M)(759.2M)
Retained Earnings32.8M149.0M372.6M763.1M1.3B1.3B
Accounts Payable100.1M120.0M148.2M151.3M85.9M60.6M
Cash218.2M181.5M426.8M728.9M358.9M376.8M
Non Current Assets Total868.7M991.2M1.3B1.3B863.8M579.1M
Cash And Short Term Investments218.2M181.5M426.8M728.9M803.9M844.1M
Net Receivables8.8M8.2M8.3M2.0M2.0M1.9M
Common Stock Shares Outstanding1.2B1.2B1.3B1.4B1.4B748.2M
Liabilities And Stockholders Equity1.3B1.4B2.0B2.4B1.3B860.2M
Other Current Assets26.4M42.0M31.9M91.0M30.5M24.9M
Total Liab420.2M350.5M346.5M270.2M137.6M164.7M
Property Plant And Equipment Gross868.0M1.8B2.1B2.3B1.2B721.3M
Total Current Assets362.7M403.3M618.8M969.2M1.0B1.1B
Accumulated Other Comprehensive Income57.5M32.0M43.7M123.9M(155.8M)(148.0M)
Non Currrent Assets Other(868.7M)(991.2M)(1.3B)(1.3B)34.1M35.8M
Non Current Liabilities Total217.7M133.2M72.5M99.4M37.7M72.1M
Inventory117.1M178.5M158.9M166.9M74.5M89.4M
Short Long Term Debt Total219.5M137.4M86.5M3.9M2.2M2.0M
Current Deferred Revenue(1.3M)(1.7M)(10.4M)(2.5M)(2.9M)(3.1M)
Short Term Debt1.3M1.7M10.4M1.7M1.1M1.1M
Short Term Investments5.1M41.7M112.5M445.1M511.8M537.4M
Other Assets64.3M15.1M63.0M138.9M(574.8M)(546.1M)
Other Liab92.2M90.2M102.4M96.7M111.2M82.0M
Net Tangible Assets866.8M1.0B1.5B1.9B2.2B2.3B
Long Term Investments667K797K24.7M23.9M21.4M22.4M
Property Plant Equipment868.0M990.4M1.3B1.3B1.5B890.4M
Net Invested Capital1.1B1.2B1.5B1.9B1.1B1.3B
Net Working Capital252.9M278.7M450.7M797.0M363.7M330.5M
Long Term Debt37.0M217.7M133.2M72.5M83.4M112.8M

Pair Trading with Perseus Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perseus Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perseus Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Perseus Stock

  0.83AG First Majestic SilverPairCorr
The ability to find closely correlated positions to Perseus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perseus Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perseus Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perseus Mining to buy it.
The correlation of Perseus Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perseus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perseus Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perseus Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Perseus Stock

Balance Sheet is a snapshot of the financial position of Perseus Mining at a specified time, usually calculated after every quarter, six months, or one year. Perseus Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Perseus Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Perseus currently owns. An asset can also be divided into two categories, current and non-current.