Palladyne Historical Balance Sheet

PDYN Stock   10.31  1.45  12.33%   
Trend analysis of Palladyne AI Corp balance sheet accounts such as Other Liabilities of 276.4 K, Net Tangible Assets of 96.5 M, Property Plant And Equipment Net of 9.5 M or Accounts Payable of 1.9 M provides information on Palladyne's total assets, liabilities, and equity, which is the actual value of Palladyne AI Corp to its prevalent stockholders. By breaking down trends over time using Palladyne balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Palladyne AI Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Palladyne AI Corp is a good buy for the upcoming year.

Palladyne Inventory

1.65 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palladyne AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

About Palladyne Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Palladyne AI Corp at a specified time, usually calculated after every quarter, six months, or one year. Palladyne Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Palladyne 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 Palladyne currently owns. An asset can also be divided into two categories, current and non-current.

Palladyne Balance Sheet Chart

At this time, Palladyne's Other Current Assets are very stable compared to the past year. As of the 6th of January 2025, Total Current Assets is likely to grow to about 99.3 M, while Total Current Liabilities is likely to drop about 6.8 M.

Total Assets

Total assets refers to the total amount of Palladyne 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 Palladyne AI Corp 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.

Total Current Liabilities

Total Current Liabilities is an item on Palladyne balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Palladyne AI Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Palladyne's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Palladyne AI Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Palladyne AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Palladyne's Other Current Assets are very stable compared to the past year. As of the 6th of January 2025, Total Current Assets is likely to grow to about 99.3 M, while Total Current Liabilities is likely to drop about 6.8 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities6.0M5.8M6.7M7.0M
Total Assets167.6M60.4M69.5M113.4M

Palladyne balance sheet Correlations

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0.960.330.580.990.880.850.5-0.9-0.370.520.930.510.660.260.170.590.320.970.620.740.980.640.680.140.7
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0.780.850.960.720.420.950.94-0.42-0.890.560.510.810.870.810.70.50.920.420.790.990.990.720.071.00.77
Click cells to compare fundamentals

Palladyne Account Relationship Matchups

Palladyne balance sheet Accounts

202020212022202320242025 (projected)
Total Assets38.1M235.8M167.6M60.4M69.5M113.4M
Other Current Liab321K2.0M6.0M5.8M6.7M7.0M
Total Current Liabilities3.6M6.2M10.5M8.5M9.7M6.8M
Total Stockholder Equity32.9M214.0M144.5M40.9M47.0M44.7M
Property Plant And Equipment Net1.4M7.1M18.9M14.9M17.2M9.5M
Net Debt(31.0M)(217.1M)(21.9M)(10.7M)(12.4M)(13.0M)
Retained Earnings(64.0M)(145.5M)(302.6M)(418.2M)(376.4M)(357.6M)
Accounts Payable972K1.7M3.6M1.3M1.5M1.9M
Cash33.7M217.1M35.2M23.1M26.6M25.3M
Non Current Assets Total1.7M7.5M38.5M15.4M17.7M14.1M
Non Currrent Assets Other292K441K487K429K493.4K518.0K
Cash And Short Term Investments33.7M217.1M114.5M39.1M44.9M42.7M
Net Receivables1.3M1.0M6.0M2.6M3.0M2.8M
Common Stock Shares Outstanding17.3M18.9M24.5M25.6M29.5M19.2M
Inventory707K1.0M3.6M1.1M1.2M1.6M
Other Current Assets693K9.2M5.0M2.3M2.7M3.9M
Other Stockholder Equity96.9M359.4M447.1M459.1M528.0M311.7M
Total Liab5.1M21.9M23.2M19.5M22.4M15.8M
Total Current Assets36.3M228.3M129.1M45.1M51.8M99.3M
Common Stock10K14K15K3K2.7K2.6K

Pair Trading with Palladyne

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 Palladyne 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 Palladyne will appreciate offsetting losses from the drop in the long position's value.

Moving against Palladyne Stock

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The ability to find closely correlated positions to Palladyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palladyne 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 Palladyne - 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 Palladyne AI Corp to buy it.
The correlation of Palladyne 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 Palladyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palladyne AI Corp 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 Palladyne 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
When determining whether Palladyne AI Corp is a strong investment it is important to analyze Palladyne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palladyne's future performance. For an informed investment choice regarding Palladyne Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palladyne AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components 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 Palladyne. If investors know Palladyne 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 Palladyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.18)
Revenue Per Share
0.337
Quarterly Revenue Growth
1.125
Return On Assets
(0.36)
Return On Equity
(1.21)
The market value of Palladyne AI Corp is measured differently than its book value, which is the value of Palladyne that is recorded on the company's balance sheet. Investors also form their own opinion of Palladyne's value that differs from its market value or its book value, called intrinsic value, which is Palladyne'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 Palladyne's market value can be influenced by many factors that don't directly affect Palladyne'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 Palladyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palladyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palladyne'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.