Prestige Retained Earnings vs Total Assets Analysis
PWM Stock | 1.14 0.08 7.55% |
Prestige Wealth financial indicator trend analysis is much more than just breaking down Prestige Wealth Ordinary prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prestige Wealth Ordinary is a good investment. Please check the relationship between Prestige Wealth Retained Earnings and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Wealth Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prestige Wealth Ordinary Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Prestige Wealth's Retained Earnings and Total Assets is -0.01. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Prestige Wealth Ordinary, assuming nothing else is changed. The correlation between historical values of Prestige Wealth's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Prestige Wealth Ordinary are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Prestige Wealth's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of Prestige Wealth assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Prestige Wealth Ordinary books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Prestige Wealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prestige Wealth Ordinary 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 Prestige Wealth Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Prestige Wealth's Issuance Of Capital Stock is very stable compared to the past year. As of the 4th of December 2024, Sales General And Administrative To Revenue is likely to grow to 2.08, while Selling General Administrative is likely to drop about 727.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1M | 348.5K | 313.7K | 298.0K | Total Revenue | 2.1M | 348.5K | 313.7K | 298.0K |
Prestige Wealth fundamental ratios Correlations
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Prestige Wealth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prestige Wealth fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 248.7K | 200.2K | 315.4K | 272.3K | 245.1K | 284.3K | |
Total Current Liabilities | 1.3M | 403.8K | 597.8K | 520.1K | 468.1K | 590.7K | |
Retained Earnings | 4.9M | 3.3M | 4.7M | 3.6M | 4.2M | 4.3M | |
Net Receivables | 5.2M | 42.3K | 67.3K | 733.2K | 659.9K | 626.9K | |
Other Current Assets | 1.3M | 1.8M | 2.4M | 5.5M | 6.3M | 6.6M | |
Other Stockholder Equity | 444.4K | 666.4K | 735.4K | 2.5M | 2.9M | 3.1M | |
Total Current Assets | 5.7M | 3.0M | 4.0M | 6.7M | 7.7M | 5.0M |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Wealth Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prestige Wealth. If investors know Prestige will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prestige Wealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Earnings Share (0.12) | Revenue Per Share 0.042 | Quarterly Revenue Growth (0.68) | Return On Assets (0.11) |
The market value of Prestige Wealth Ordinary is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Wealth's value that differs from its market value or its book value, called intrinsic value, which is Prestige Wealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prestige Wealth's market value can be influenced by many factors that don't directly affect Prestige Wealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prestige Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Wealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.