Plutus Total Assets vs Net Debt Analysis
PLUT Stock | 2.88 0.12 4.00% |
Plutus Financial financial indicator trend analysis is much more than just breaking down Plutus Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plutus Financial is a good investment. Please check the relationship between Plutus Financial Total Assets and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plutus Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plutus Financial Total Assets account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Plutus Financial's Total Assets and Net Debt is 0.36. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Plutus Financial Group, assuming nothing else is changed. The correlation between historical values of Plutus Financial's Total Assets and Net 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 Total Assets of Plutus Financial Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Plutus Financial's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Plutus Financial 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 Plutus Financial 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.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.Most indicators from Plutus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plutus Financial 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 Plutus Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Sales General And Administrative To Revenue is likely to gain to 0.71 in 2025, despite the fact that Tax Provision is likely to grow to (1.1 M).
2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 7.6M | 19.6M | 5.8M | 10.8M | Cost Of Revenue | 12.7M | 9.6M | 11.2M | 10.0M |
Plutus Financial fundamental ratios Correlations
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Plutus Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Plutus Stock Analysis
When running Plutus Financial's price analysis, check to measure Plutus Financial'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 Plutus Financial is operating at the current time. Most of Plutus Financial's value examination focuses on studying past and present price action to predict the probability of Plutus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plutus Financial's price. Additionally, you may evaluate how the addition of Plutus Financial to your portfolios can decrease your overall portfolio volatility.