Professional Net Invested Capital vs Current Deferred Revenue Analysis
IPDN Stock | USD 0.75 0.02 2.74% |
Professional Diversity financial indicator trend analysis is much more than just breaking down Professional Diversity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Professional Diversity is a good investment. Please check the relationship between Professional Diversity Net Invested Capital and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Professional Diversity Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Net Invested Capital vs Current Deferred Revenue
Net Invested Capital vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Professional Diversity Net Invested Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Professional Diversity's Net Invested Capital and Current Deferred Revenue is 0.27. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Professional Diversity Network, assuming nothing else is changed. The correlation between historical values of Professional Diversity's Net Invested Capital and Current Deferred Revenue 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 Professional Diversity Network are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Invested Capital i.e., Professional Diversity's Net Invested Capital and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Professional Diversity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Professional Diversity 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Professional Diversity Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Professional Diversity'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 5,650, while Discontinued Operations is likely to drop (78.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 111.9K | 3.7K | 12.9M | 13.6M | Depreciation And Amortization | 451.4K | 867.5K | 624.0K | 592.8K |
Professional Diversity fundamental ratios Correlations
Click cells to compare fundamentals
Professional Diversity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Professional Diversity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6M | 8.7M | 9.0M | 6.8M | 6.3M | 6.0M | |
Short Long Term Debt Total | 105.1K | 510.5K | 516.8K | 444.7K | 365.7K | 670.7K | |
Other Current Liab | 1.2M | 3.9M | 4.8M | 3.4M | 767.1K | 728.7K | |
Total Current Liabilities | 3.8M | 4.7M | 5.2M | 3.9M | 3.5M | 6.0M | |
Total Stockholder Equity | 2.6M | 3.3M | 2.8M | 2.5M | 3.0M | 2.9M | |
Property Plant And Equipment Net | 114.4K | 498.1K | 456.7K | 400.7K | 340.5K | 303.6K | |
Net Debt | (528.5K) | (1.6M) | (2.9M) | (792.3K) | (261.9K) | (275.0K) | |
Cash | 633.6K | 2.1M | 3.4M | 1.2M | 627.6K | 596.3K | |
Non Current Assets Total | 4.9M | 5.2M | 3.4M | 3.6M | 4.0M | 3.8M | |
Non Currrent Assets Other | 3.9M | 3.9M | 644.8K | 1.6M | 66.3K | 63.0K | |
Cash And Short Term Investments | 633.6K | 2.1M | 3.4M | 1.2M | 627.6K | 596.3K | |
Net Receivables | 720.8K | 1.0M | 1.7M | 1.7M | 1.2M | 1.3M | |
Common Stock Shares Outstanding | 3.3M | 5.6M | 7.2M | 8.2M | 10.6M | 11.2M | |
Liabilities And Stockholders Equity | 6.6M | 8.7M | 9.0M | 6.8M | 6.3M | 6.0M | |
Non Current Liabilities Total | 221.3K | 650.0K | 697.3K | 584K | 283.1K | 268.9K | |
Other Current Assets | 274.0K | 398.4K | 455.4K | 352.4K | 556.7K | 508.2K | |
Other Stockholder Equity | 91.1M | 95.9M | 98.5M | 100.8M | 102.8M | 69.3M | |
Total Liab | 4.0M | 5.3M | 5.9M | 4.5M | 3.8M | 5.6M | |
Property Plant And Equipment Gross | 114.4K | 498.1K | 456.7K | 400.7K | 340.5K | 299.8K | |
Total Current Assets | 1.7M | 3.5M | 5.6M | 3.3M | 2.4M | 2.2M | |
Accumulated Other Comprehensive Income | 28.8K | (24.3K) | 44.2K | 292.5K | 6.6K | (11.0K) | |
Intangible Assets | 548.3K | 402.0K | 1.0M | 289.7K | 412.0K | 391.4K | |
Current Deferred Revenue | 1.7M | 1.9M | 2.1M | 1.9M | 2.0M | 2.5M | |
Accounts Payable | 796.1K | 728.4K | 248.6K | 338.6K | 524.9K | 498.6K | |
Common Stock Total Equity | 39.6K | 48.6K | 89.3K | 128.2K | 147.4K | 154.8K | |
Inventory | 76.0K | 6.9K | 4.6K | (1.7M) | 1.0 | 0.95 | |
Common Stock | 89.3K | 128.2K | 160.7K | 103.7K | 114.5K | 100.0K | |
Retained Earnings | (88.7M) | (93.0M) | (95.8M) | (98.4M) | (99.9M) | (104.9M) | |
Short Term Debt | 105.1K | 46.5K | 81.8K | 103.6K | 82.7K | 78.5K | |
Other Liab | 221.3K | 186.0K | 262.4K | 243.1K | 218.8K | 207.8K | |
Net Tangible Assets | 1.7M | 2.6M | 504.4K | 981.8K | 1.1M | 1.2M | |
Other Assets | 3.9M | 3.9M | 644.8K | 263.6K | 237.2K | 225.4K | |
Property Plant Equipment | 114.4K | 498.1K | 456.7K | 400.7K | 460.8K | 318.1K | |
Net Invested Capital | 2.6M | 3.3M | 2.8M | 2.5M | 3.0M | 2.7M | |
Net Working Capital | (2.1M) | (1.2M) | 417.6K | (685.5K) | (1.1M) | (1.2M) | |
Capital Stock | 89.3K | 128.2K | 160.7K | 103.7K | 114.5K | 118.2K |
Pair Trading with Professional Diversity
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 Professional Diversity 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 Professional Diversity will appreciate offsetting losses from the drop in the long position's value.Moving against Professional Stock
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0.69 | EFX | Equifax | PairCorr |
0.46 | RTO | Rentokil Initial PLC | PairCorr |
The ability to find closely correlated positions to Professional Diversity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Professional Diversity 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 Professional Diversity - 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 Professional Diversity Network to buy it.
The correlation of Professional Diversity 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 Professional Diversity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Professional Diversity 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 Professional Diversity 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Professional Diversity Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Environmental & Facilities Services 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 Professional Diversity. If investors know Professional 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 Professional Diversity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 0.646 | Quarterly Revenue Growth (0.08) | Return On Assets (0.29) | Return On Equity (1.21) |
The market value of Professional Diversity is measured differently than its book value, which is the value of Professional that is recorded on the company's balance sheet. Investors also form their own opinion of Professional Diversity's value that differs from its market value or its book value, called intrinsic value, which is Professional Diversity'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 Professional Diversity's market value can be influenced by many factors that don't directly affect Professional Diversity'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 Professional Diversity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Professional Diversity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Professional Diversity'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.