Palladium Total Liab vs Accounts Payable Analysis

PDM Stock  CAD 0.04  0.00  0.00%   
Palladium One financial indicator trend analysis is much more than just breaking down Palladium One Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palladium One Mining is a good investment. Please check the relationship between Palladium One Total Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palladium One Mining Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Palladium One's Total Liab and Accounts Payable is 0.59. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Palladium One Mining, assuming nothing else is changed. The correlation between historical values of Palladium One's Total Liab and Accounts Payable 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 Liab of Palladium One Mining are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Palladium One's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Palladium One obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Palladium One Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Palladium One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palladium One Mining 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Palladium One's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 18.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 869.9 K in 2024.

Palladium One fundamental ratios Correlations

0.740.99-1.0-0.90.41.00.990.920.850.880.741.0-0.250.94-0.15-0.50.87-0.51.0-0.49-0.610.950.980.980.23
0.740.66-0.76-0.590.590.740.670.560.680.551.00.74-0.240.64-0.21-0.340.59-0.340.680.03-0.40.630.720.720.23
0.990.66-0.99-0.910.350.991.00.930.840.890.660.99-0.240.94-0.14-0.50.88-0.51.0-0.55-0.620.950.980.980.22
-1.0-0.76-0.990.88-0.41-1.0-0.98-0.89-0.86-0.86-0.76-1.00.25-0.920.160.5-0.850.5-0.990.430.61-0.93-0.99-0.99-0.26
-0.9-0.59-0.910.88-0.39-0.9-0.93-0.99-0.75-0.94-0.59-0.90.28-0.970.180.51-0.970.51-0.90.720.55-0.98-0.85-0.850.12
0.40.590.35-0.41-0.390.390.360.340.210.280.590.4-0.380.44-0.3-0.390.22-0.390.350.0-0.30.340.380.380.29
1.00.740.99-1.0-0.90.390.990.910.850.880.741.0-0.250.94-0.15-0.50.87-0.51.0-0.49-0.620.950.980.980.23
0.990.671.0-0.98-0.930.360.990.950.840.920.670.99-0.250.96-0.14-0.490.91-0.491.0-0.59-0.610.970.970.970.16
0.920.560.93-0.89-0.990.340.910.950.750.950.560.91-0.240.98-0.13-0.470.97-0.470.92-0.76-0.560.990.870.87-0.06
0.850.680.84-0.86-0.750.210.850.840.750.760.680.85-0.50.77-0.48-0.270.76-0.270.85-0.3-0.440.780.880.880.25
0.880.550.89-0.86-0.940.280.880.920.950.760.550.88-0.350.93-0.26-0.360.93-0.360.89-0.71-0.690.960.840.84-0.14
0.741.00.66-0.76-0.590.590.740.670.560.680.550.74-0.240.64-0.21-0.340.59-0.340.680.03-0.40.630.720.720.23
1.00.740.99-1.0-0.90.41.00.990.910.850.880.74-0.250.94-0.15-0.50.87-0.51.0-0.49-0.610.950.980.980.23
-0.25-0.24-0.240.250.28-0.38-0.25-0.25-0.24-0.5-0.35-0.24-0.25-0.270.97-0.02-0.19-0.02-0.250.110.13-0.23-0.25-0.25-0.05
0.940.640.94-0.92-0.970.440.940.960.980.770.930.640.94-0.27-0.16-0.460.94-0.460.94-0.68-0.520.990.890.890.05
-0.15-0.21-0.140.160.18-0.3-0.15-0.14-0.13-0.48-0.26-0.21-0.150.97-0.16-0.15-0.09-0.15-0.15-0.010.08-0.13-0.17-0.17-0.06
-0.5-0.34-0.50.50.51-0.39-0.5-0.49-0.47-0.27-0.36-0.34-0.5-0.02-0.46-0.15-0.411.0-0.490.250.44-0.47-0.49-0.49-0.07
0.870.590.88-0.85-0.970.220.870.910.970.760.930.590.87-0.190.94-0.09-0.41-0.410.87-0.72-0.490.970.810.81-0.18
-0.5-0.34-0.50.50.51-0.39-0.5-0.49-0.47-0.27-0.36-0.34-0.5-0.02-0.46-0.151.0-0.41-0.490.250.44-0.47-0.49-0.49-0.07
1.00.681.0-0.99-0.90.351.01.00.920.850.890.681.0-0.250.94-0.15-0.490.87-0.49-0.54-0.620.950.980.980.23
-0.490.03-0.550.430.720.0-0.49-0.59-0.76-0.3-0.710.03-0.490.11-0.68-0.010.25-0.720.25-0.540.32-0.7-0.38-0.380.35
-0.61-0.4-0.620.610.55-0.3-0.62-0.61-0.56-0.44-0.69-0.4-0.610.13-0.520.080.44-0.490.44-0.620.32-0.59-0.61-0.61-0.09
0.950.630.95-0.93-0.980.340.950.970.990.780.960.630.95-0.230.99-0.13-0.470.97-0.470.95-0.7-0.590.90.9-0.03
0.980.720.98-0.99-0.850.380.980.970.870.880.840.720.98-0.250.89-0.17-0.490.81-0.490.98-0.38-0.610.91.00.29
0.980.720.98-0.99-0.850.380.980.970.870.880.840.720.98-0.250.89-0.17-0.490.81-0.490.98-0.38-0.610.91.00.29
0.230.230.22-0.260.120.290.230.16-0.060.25-0.140.230.23-0.050.05-0.06-0.07-0.18-0.070.230.35-0.09-0.030.290.29
Click cells to compare fundamentals

Palladium One Account Relationship Matchups

Palladium One fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9M7.6M15.7M12.1M11.2M11.8M
Total Current Liabilities226.8K986.7K2.0M3.1M534.9K568.0K
Total Stockholder Equity3.7M6.7M13.7M9.0M10.7M11.2M
Net Debt(3.8M)(7.2M)(15.1M)(11.4M)(10.2M)(9.7M)
Retained Earnings(8.5M)(13.3M)(24.0M)(32.0M)(40.0M)(38.0M)
Accounts Payable204.5K962.0K193.5K762.4K263.0K308.0K
Cash3.8M7.2M15.1M11.4M10.7M11.2M
Cash And Short Term Investments3.8M7.2M15.1M11.4M13.1M13.8M
Common Stock Shares Outstanding42.7M129.2M231.8M257.7M359.3M377.3M
Liabilities And Stockholders Equity3.9M7.6M15.7M12.1M13.9M14.6M
Other Stockholder Equity1.3M1.3M2.1M2.6M3.0M3.1M
Total Liab226.8K986.7K2.0M3.1M534.9K568.0K
Total Current Assets3.9M7.6M15.7M12.0M11.2M11.8M
Net Receivables49.6K330.8K442.5K508.5K584.8K614.1K
Other Current Liab22.3K24.7K1.8M2.3M2.7M2.8M
Net Tangible Assets3.7M6.7M13.7M9.0M10.3M10.8M
Accumulated Other Comprehensive Income1.3M1.3M2.1M2.6M3.0M3.1M
Common Stock10.8M18.7M35.7M38.4M44.2M46.4M
Net Invested Capital3.7M6.7M13.7M9.0M10.7M6.8M
Net Working Capital3.7M6.7M13.7M9.0M10.7M6.7M
Capital Stock10.8M18.7M35.7M38.4M47.6M28.8M

Pair Trading with Palladium One

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 Palladium One 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 Palladium One will appreciate offsetting losses from the drop in the long position's value.

Moving against Palladium Stock

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The ability to find closely correlated positions to Palladium One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palladium One 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 Palladium One - 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 Palladium One Mining to buy it.
The correlation of Palladium One 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 Palladium One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palladium One Mining 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 Palladium One 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
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Palladium One's price analysis, check to measure Palladium One'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 Palladium One is operating at the current time. Most of Palladium One's value examination focuses on studying past and present price action to predict the probability of Palladium One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palladium One's price. Additionally, you may evaluate how the addition of Palladium One to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Palladium One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palladium One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palladium One'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.