PGIM Net Invested Capital vs Total Assets Analysis
SDHY Stock | USD 16.70 0.17 1.03% |
PGIM Short financial indicator trend analysis is much more than just breaking down PGIM Short Duration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGIM Short Duration is a good investment. Please check the relationship between PGIM Short Net Invested Capital and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in PGIM Short Duration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Net Invested Capital vs Total Assets
Net Invested Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGIM Short Duration Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PGIM Short's Net Invested Capital and Total Assets is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of PGIM Short Duration, assuming nothing else is changed. The correlation between historical values of PGIM Short's Net Invested Capital 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 Net Invested Capital of PGIM Short Duration 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 Net Invested Capital i.e., PGIM Short's Net Invested Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Assets
Total assets refers to the total amount of PGIM Short 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 PGIM Short Duration 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 PGIM Short's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGIM Short Duration 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 World Market Map to better understand how to build diversified portfolios, which includes a position in PGIM Short Duration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, PGIM Short's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 8.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 284.7 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 25.2M | 29.6M | 33.3M | 32.3M | Net Interest Income | 23.5M | 23.9M | 25.5M | 26.7M |
PGIM Short fundamental ratios Correlations
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PGIM Short Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running PGIM Short's price analysis, check to measure PGIM Short'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 PGIM Short is operating at the current time. Most of PGIM Short's value examination focuses on studying past and present price action to predict the probability of PGIM Short's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGIM Short's price. Additionally, you may evaluate how the addition of PGIM Short to your portfolios can decrease your overall portfolio volatility.