PTCIL Stock | | | 11,551 125.55 1.08% |
PTC INDUSTRIES financial indicator trend analysis is much more than just breaking down PTC INDUSTRIES LTD prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC INDUSTRIES LTD is a good investment. Please check the relationship between PTC INDUSTRIES Cash and its Short Long Term Debt Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC INDUSTRIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Cash vs Short Long Term Debt Total
Cash vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PTC INDUSTRIES LTD Cash account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between PTC INDUSTRIES's Cash and Short Long Term Debt Total is 0.29. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of PTC INDUSTRIES LTD, assuming nothing else is changed. The correlation between historical values of PTC INDUSTRIES's Cash and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of PTC INDUSTRIES LTD are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Cash i.e., PTC INDUSTRIES's Cash and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of PTC INDUSTRIES LTD, which is listed under current asset account on PTC INDUSTRIES LTD balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from PTC INDUSTRIES customers. The amounts must be unrestricted with restricted cash listed in a different PTC INDUSTRIES 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.
Short Long Term Debt Total
Most indicators from PTC INDUSTRIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC INDUSTRIES LTD 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 PTC INDUSTRIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of the 16th of December 2024,
Selling General Administrative is likely to drop to about 99.8
MPTC INDUSTRIES fundamental ratios Correlations
Click cells to compare fundamentals
PTC INDUSTRIES Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PTC INDUSTRIES fundamental ratios Accounts
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Other Information on Investing in PTC Stock
Balance Sheet is a snapshot of the
financial position of PTC INDUSTRIES LTD at a specified time, usually calculated after every quarter, six months, or one year. PTC INDUSTRIES Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PTC INDUSTRIES 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 PTC currently owns. An asset can also be divided into two categories, current and non-current.