Piper Other Assets vs Non Current Liabilities Total Analysis

PIPR Stock  USD 292.75  9.59  3.39%   
Piper Sandler financial indicator trend analysis is much more than just breaking down Piper Sandler Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piper Sandler Companies is a good investment. Please check the relationship between Piper Sandler Other Assets and its Non Current Liabilities Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piper Sandler Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Other Assets vs Non Current Liabilities Total

Other Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piper Sandler Companies Other Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Piper Sandler's Other Assets and Non Current Liabilities Total is 0.26. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Piper Sandler Companies, assuming nothing else is changed. The correlation between historical values of Piper Sandler's Other Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Piper Sandler Companies are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Assets i.e., Piper Sandler's Other Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Non Current Liabilities Total

Most indicators from Piper Sandler's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piper Sandler Companies 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 Piper Sandler Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Piper Sandler's Discontinued Operations is relatively stable compared to the past year. As of 10/14/2024, Enterprise Value Over EBITDA is likely to grow to 15.99, while Tax Provision is likely to drop slightly above 6.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense10.7M9.5M10.1M9.6M
Depreciation And Amortization1.6B1.3B1.2B1.3B

Piper Sandler fundamental ratios Correlations

0.490.030.160.550.620.5-0.090.820.40.420.210.210.10.040.150.070.40.40.06-0.140.130.510.170.410.11
0.49-0.40.810.18-0.050.290.340.610.440.65-0.4-0.4-0.5-0.660.690.71-0.030.920.1-0.48-0.410.420.66-0.030.26
0.03-0.4-0.67-0.450.060.29-0.23-0.52-0.81-0.740.680.680.730.59-0.25-0.2-0.49-0.29-0.060.470.91-0.75-0.530.66-0.75
0.160.81-0.670.22-0.20.190.580.460.630.81-0.85-0.85-0.9-0.820.710.680.020.790.24-0.4-0.690.440.64-0.30.62
0.550.18-0.450.220.770.26-0.080.720.660.56-0.17-0.17-0.160.12-0.27-0.40.860.090.15-0.03-0.290.790.30.20.31
0.62-0.050.06-0.20.770.2-0.20.450.330.220.340.340.310.36-0.49-0.490.61-0.150.040.070.140.510.140.49-0.08
0.50.290.290.190.260.20.040.25-0.150.0-0.05-0.050.010.210.04-0.060.090.330.140.320.43-0.03-0.210.57-0.04
-0.090.34-0.230.58-0.08-0.20.040.040.330.5-0.63-0.63-0.65-0.660.660.57-0.390.570.250.24-0.47-0.020.47-0.040.31
0.820.61-0.520.460.720.450.250.040.760.74-0.19-0.19-0.29-0.230.270.130.620.510.1-0.31-0.380.830.430.010.48
0.40.44-0.810.630.660.33-0.150.330.760.94-0.57-0.57-0.67-0.540.310.220.560.370.21-0.42-0.760.880.6-0.350.75
0.420.65-0.740.810.560.220.00.50.740.94-0.68-0.68-0.78-0.680.540.440.360.640.31-0.4-0.750.770.69-0.260.7
0.21-0.40.68-0.85-0.170.34-0.05-0.63-0.19-0.57-0.681.00.960.68-0.54-0.44-0.03-0.48-0.310.150.73-0.28-0.410.42-0.7
0.21-0.40.68-0.85-0.170.34-0.05-0.63-0.19-0.57-0.681.00.960.68-0.54-0.44-0.03-0.48-0.310.150.73-0.28-0.410.42-0.7
0.1-0.50.73-0.9-0.160.310.01-0.65-0.29-0.67-0.780.960.960.8-0.65-0.57-0.03-0.57-0.310.310.77-0.4-0.540.46-0.72
0.04-0.660.59-0.820.120.360.21-0.66-0.23-0.54-0.680.680.680.8-0.8-0.860.26-0.67-0.310.490.7-0.29-0.670.53-0.52
0.150.69-0.250.71-0.27-0.490.040.660.270.310.54-0.54-0.54-0.65-0.80.93-0.480.820.21-0.29-0.430.030.46-0.190.31
0.070.71-0.20.68-0.4-0.49-0.060.570.130.220.44-0.44-0.44-0.57-0.860.93-0.560.750.14-0.46-0.38-0.010.49-0.270.2
0.4-0.03-0.490.020.860.610.09-0.390.620.560.36-0.03-0.03-0.030.26-0.48-0.56-0.190.04-0.11-0.20.760.08-0.050.36
0.40.92-0.290.790.09-0.150.330.570.510.370.64-0.48-0.48-0.57-0.670.820.75-0.190.24-0.24-0.390.250.590.060.22
0.060.1-0.060.240.150.040.140.250.10.210.31-0.31-0.31-0.31-0.310.210.140.040.240.1-0.060.050.1-0.130.29
-0.14-0.480.47-0.4-0.030.070.320.24-0.31-0.42-0.40.150.150.310.49-0.29-0.46-0.11-0.240.10.43-0.51-0.470.44-0.25
0.13-0.410.91-0.69-0.290.140.43-0.47-0.38-0.76-0.750.730.730.770.7-0.43-0.38-0.2-0.39-0.060.43-0.6-0.670.57-0.64
0.510.42-0.750.440.790.51-0.03-0.020.830.880.77-0.28-0.28-0.4-0.290.03-0.010.760.250.05-0.51-0.60.53-0.230.57
0.170.66-0.530.640.30.14-0.210.470.430.60.69-0.41-0.41-0.54-0.670.460.490.080.590.1-0.47-0.670.53-0.060.21
0.41-0.030.66-0.30.20.490.57-0.040.01-0.35-0.260.420.420.460.53-0.19-0.27-0.050.06-0.130.440.57-0.23-0.06-0.65
0.110.26-0.750.620.31-0.08-0.040.310.480.750.7-0.7-0.7-0.72-0.520.310.20.360.220.29-0.25-0.640.570.21-0.65
Click cells to compare fundamentals

Piper Sandler Account Relationship Matchups

Piper Sandler fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.0B2.6B2.2B2.2B1.7B
Short Long Term Debt Total282.1M294.5M214.6M234.8M123.7M117.5M
Total Stockholder Equity731.3M829.4M1.1B1.1B1.1B841.5M
Net Debt32.1M(213.5M)(756.3M)(130.9M)(259.4M)(246.4M)
Other Assets304.9M269.7M336.0M940.7M719.1M549.0M
Common Stock Shares Outstanding13.9M14.9M17.0M17.0M17.2M13.2M
Liabilities And Stockholders Equity1.6B2.0B2.6B2.2B2.2B1.7B
Non Current Liabilities Total232.2M294.5M214.6M736.5M748.1M379.1M
Other Stockholder Equity214.6M287.4M162.6M149.8M631.8M408.9M
Total Liab822.2M1.1B1.3B927.5M871.8M1.0B
Other Current Liab(57.5M)(18.6M)(13.2M)(114.4M)(123.7M)(117.5M)
Total Current Liabilities57.5M18.6M13.2M191.0M123.7M117.5M
Cash250.0M507.9M971.0M365.6M383.1M197.4M
Cash And Short Term Investments250.0M507.9M971.0M365.6M383.1M197.4M
Total Current Assets557.3M769.7M1.3B648.1M724.9M501.1M
Property Plant And Equipment Net69.9M126.4M123.1M156.0M130.2M136.7M
Non Current Assets Total766.4M957.7M952.9M592.7M727.3M1.3B
Non Currrent Assets Other(68.0M)(104.2M)(158.2M)(759.2M)(762.9M)(724.8M)
Net Receivables307.3M261.8M305.5M343.1M245.7M292.5M
Accumulated Other Comprehensive Income(872K)(197K)(964K)(2.5M)(894K)(849.3K)
Short Term Debt50.0M99.5M89.6M109.8M123.7M174.0M
Retained Earnings258.7M271.0M450.2M453.3M454.4M256.5M
Other Current Assets(434.1M)(270.8M)(230.4M)(343.1M)(628.8M)(597.4M)
Accounts Payable7.5M18.6M13.2M4.6M979K930.1K
Inventory434.1M270.8M230.4M282.5M341.8M328.7M
Intangible Assets16.7M149.9M119.8M135.6M116.2M64.2M
Net Tangible Assets626.9M452.1M625.4M617.3M709.9M592.9M
Retained Earnings Total Equity258.7M271.0M450.2M453.3M521.3M261.9M
Capital Surpluse757.7M847.8M925.4M1.0B1.2B893.8M
Long Term Investments639.8M401.6M349.0M340.0M721.5M707.2M
Treasury Stock(284.4M)(289.4M)(312.6M)(441.7M)(397.5M)(417.4M)
Non Current Liabilities Other242.6M250.5M218.3M170.6M153.5M145.9M
Property Plant Equipment29.9M43.8M51.8M68.2M78.5M82.4M
Noncontrolling Interest In Consolidated Entity75.2M96.7M164.6M200.0M229.9M241.4M

Pair Trading with Piper Sandler

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

Moving together with Piper Stock

  0.8DHIL Diamond Hill InvestmentPairCorr
  0.61DIST Distoken AcquisitionPairCorr
  0.84AB AllianceBernsteinPairCorr
  0.8AC Associated CapitalPairCorr

Moving against Piper Stock

  0.57RC Ready Capital CorpPairCorr
  0.47PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Piper Sandler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Piper Sandler 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 Piper Sandler - 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 Piper Sandler Companies to buy it.
The correlation of Piper Sandler 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 Piper Sandler moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Piper Sandler Companies 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 Piper Sandler 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

Additional Tools for Piper Stock Analysis

When running Piper Sandler's price analysis, check to measure Piper Sandler'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 Piper Sandler is operating at the current time. Most of Piper Sandler's value examination focuses on studying past and present price action to predict the probability of Piper Sandler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piper Sandler's price. Additionally, you may evaluate how the addition of Piper Sandler to your portfolios can decrease your overall portfolio volatility.