PAMT Net Debt vs Long Term Debt Analysis
PAMT Stock | 18.97 0.67 3.66% |
PAMT P financial indicator trend analysis is much more than just breaking down PAMT P prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PAMT P is a good investment. Please check the relationship between PAMT P Net Debt and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PAMT P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy PAMT Stock please use our How to Invest in PAMT P guide.
Net Debt vs Long Term Debt
Net Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PAMT P Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PAMT P's Net Debt and Long Term Debt is 0.86. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of PAMT P, assuming nothing else is changed. The correlation between historical values of PAMT P's Net Debt and Long Term Debt 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 Debt of PAMT P are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., PAMT P's Net Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Long Term Debt
Long-term debt is a debt that PAMT P has held for over one year. Long-term debt appears on PAMT P balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PAMT P balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from PAMT P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PAMT P 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 PAMT P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy PAMT Stock please use our How to Invest in PAMT P guide.Tax Provision is likely to gain to about 19.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 129.8M | 171.2M | 83.8M | 121.3M | Total Revenue | 707.1M | 946.9M | 810.8M | 811.7M |
PAMT P fundamental ratios Correlations
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PAMT P Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for PAMT Stock Analysis
When running PAMT P's price analysis, check to measure PAMT P'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 PAMT P is operating at the current time. Most of PAMT P's value examination focuses on studying past and present price action to predict the probability of PAMT P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAMT P's price. Additionally, you may evaluate how the addition of PAMT P to your portfolios can decrease your overall portfolio volatility.