| PAY Stock | | | USD 25.29 0.56 2.26% |
Paymentus Holdings financial indicator trend analysis is much more than just breaking down Paymentus Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paymentus Holdings is a good investment. Please check the relationship between Paymentus Holdings Total Assets and its Long Term Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. 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.
For more information on how to buy Paymentus Stock please use our
How to Invest in Paymentus Holdings guide.
Total Assets vs Long Term Debt
Total Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Paymentus Holdings Total Assets account and
Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Paymentus Holdings' Total Assets and Long Term Debt is 0.39. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Paymentus Holdings, assuming nothing else is changed. The correlation between historical values of Paymentus Holdings' Total Assets 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 Total Assets of Paymentus Holdings 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 Total Assets i.e., Paymentus Holdings' Total Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Paymentus Holdings 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 Paymentus Holdings 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.
Long Term Debt
Long-term debt is a debt that Paymentus Holdings has held for over one year. Long-term debt appears on Paymentus Holdings 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 Paymentus Holdings 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 Paymentus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paymentus Holdings 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 Paymentus Holdings. 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.
For more information on how to buy Paymentus Stock please use our
How to Invest in Paymentus Holdings guide.
Enterprise Value is likely to rise to about 3
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 34.2
M in 2024.
Paymentus Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Paymentus Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Paymentus Stock Analysis
When running Paymentus Holdings' price analysis, check to
measure Paymentus Holdings' 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 Paymentus Holdings is operating at the current time. Most of Paymentus Holdings' value examination focuses on studying past and present price action to
predict the probability of Paymentus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paymentus Holdings' price. Additionally, you may evaluate how the addition of Paymentus Holdings to your portfolios can decrease your overall portfolio volatility.