Proficient Total Assets vs Inventory Analysis
| PAL Stock | 8.32 0.48 6.12% |
Proficient Auto financial indicator trend analysis is much more than just breaking down Proficient Auto Logi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Proficient Auto Logi is a good investment. Please check the relationship between Proficient Auto Total Assets and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Proficient Auto Logistics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Total Assets vs Inventory
Total Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Proficient Auto Logi Total Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Proficient Auto's Total Assets and Inventory is 0.71. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Proficient Auto Logistics,, assuming nothing else is changed. The correlation between historical values of Proficient Auto's Total Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Proficient Auto Logistics, are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., Proficient Auto's Total Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Proficient Auto 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 Proficient Auto Logi 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.Inventory
Most indicators from Proficient Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Proficient Auto Logi 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 Proficient Auto Logistics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Proficient Auto's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.14 this year, although the value of Selling General Administrative will most likely fall to about 16.8 M.
| 2010 | 2023 | 2024 | 2025 (projected) | Interest Expense | 1.2M | 953.7K | 4.0M | 2.2M | Depreciation And Amortization | 2.3M | 981.99 | 21.4M | 22.5M |
Proficient Auto fundamental ratios Correlations
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Proficient Auto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Cargo Ground Transportation 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 Proficient Auto. If investors know Proficient 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 Proficient Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share | Quarterly Revenue Growth 1.067 | Return On Assets | Return On Equity |
The market value of Proficient Auto Logi is measured differently than its book value, which is the value of Proficient that is recorded on the company's balance sheet. Investors also form their own opinion of Proficient Auto's value that differs from its market value or its book value, called intrinsic value, which is Proficient Auto'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 Proficient Auto's market value can be influenced by many factors that don't directly affect Proficient Auto'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 Proficient Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Proficient Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proficient Auto'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.