Phenixfin Non Currrent Assets Other vs Short Term Investments Analysis

PFX Stock  USD 47.45  0.41  0.87%   
Phenixfin financial indicator trend analysis is much more than just breaking down Phenixfin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phenixfin is a good investment. Please check the relationship between Phenixfin Non Currrent Assets Other and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phenixfin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Phenixfin Stock please use our How to Invest in Phenixfin guide.

Non Currrent Assets Other vs Short Term Investments

Non Currrent Assets Other vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phenixfin Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Phenixfin's Non Currrent Assets Other and Short Term Investments is 0.49. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Phenixfin, assuming nothing else is changed. The correlation between historical values of Phenixfin's Non Currrent Assets Other and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Phenixfin are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Phenixfin's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Term Investments

Short Term Investments is an item under the current assets section of Phenixfin balance sheet. It contains any investments Phenixfin undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Phenixfin can easily liquidate in the marketplace.
Most indicators from Phenixfin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phenixfin 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 Phenixfin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Phenixfin Stock please use our How to Invest in Phenixfin guide.At this time, Phenixfin's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 10.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.

Phenixfin fundamental ratios Correlations

1.00.651.00.890.171.01.01.01.00.940.97-0.08-0.250.460.090.16-0.16-0.16-0.08-0.27-0.63-0.070.10.39-0.14
1.00.641.00.880.141.01.01.01.00.950.97-0.11-0.260.460.080.15-0.16-0.19-0.11-0.3-0.64-0.10.110.37-0.15
0.650.640.640.540.360.630.630.640.640.640.630.24-0.190.190.070.17-0.140.430.180.04-0.10.130.030.430.66
1.01.00.640.880.141.01.01.01.00.950.97-0.11-0.260.460.080.14-0.17-0.19-0.11-0.3-0.64-0.10.110.38-0.15
0.890.880.540.880.240.880.880.890.880.880.9-0.02-0.360.310.050.360.32-0.15-0.09-0.08-0.540.12-0.180.12-0.17
0.170.140.360.140.240.120.110.120.140.010.20.950.360.090.430.480.270.780.870.880.050.85-0.530.570.37
1.01.00.631.00.880.121.01.01.00.950.97-0.13-0.280.470.070.14-0.17-0.21-0.13-0.32-0.64-0.120.120.37-0.16
1.01.00.631.00.880.111.01.01.00.950.97-0.13-0.270.460.070.13-0.17-0.21-0.13-0.32-0.64-0.120.130.36-0.16
1.01.00.641.00.890.121.01.01.00.950.97-0.13-0.280.450.060.14-0.16-0.21-0.13-0.31-0.63-0.110.120.36-0.16
1.01.00.641.00.880.141.01.01.00.950.97-0.1-0.260.460.080.15-0.16-0.19-0.1-0.29-0.63-0.090.110.38-0.15
0.940.950.640.950.880.010.950.950.950.950.94-0.22-0.470.36-0.160.22-0.07-0.28-0.25-0.37-0.55-0.160.130.26-0.12
0.970.970.630.970.90.20.970.970.970.970.94-0.04-0.350.480.050.3-0.08-0.17-0.08-0.23-0.66-0.010.040.41-0.14
-0.08-0.110.24-0.11-0.020.95-0.13-0.13-0.13-0.1-0.22-0.040.40.040.40.450.210.860.930.90.150.83-0.470.590.44
-0.25-0.26-0.19-0.26-0.360.36-0.28-0.27-0.28-0.26-0.47-0.350.4-0.120.4-0.56-0.190.460.550.410.240.3-0.150.10.06
0.460.460.190.460.310.090.470.460.450.460.360.480.04-0.120.150.25-0.29-0.110.06-0.2-0.790.00.120.59-0.19
0.090.080.070.080.050.430.070.070.060.08-0.160.050.40.40.15-0.07-0.030.430.490.29-0.180.120.080.250.04
0.160.150.170.140.360.480.140.130.140.150.220.30.45-0.560.25-0.070.480.130.230.42-0.190.54-0.450.350.08
-0.16-0.16-0.14-0.170.320.27-0.17-0.17-0.16-0.16-0.07-0.080.21-0.19-0.29-0.030.480.10.070.470.170.49-0.62-0.47-0.02
-0.16-0.190.43-0.19-0.150.78-0.21-0.21-0.21-0.19-0.28-0.170.860.46-0.110.430.130.10.830.750.360.62-0.270.430.76
-0.08-0.110.18-0.11-0.090.87-0.13-0.13-0.13-0.1-0.25-0.080.930.550.060.490.230.070.830.80.050.66-0.230.570.38
-0.27-0.30.04-0.3-0.080.88-0.32-0.32-0.31-0.29-0.37-0.230.90.41-0.20.290.420.470.750.80.390.89-0.650.240.38
-0.63-0.64-0.1-0.64-0.540.05-0.64-0.64-0.63-0.63-0.55-0.660.150.24-0.79-0.18-0.190.170.360.050.390.25-0.32-0.370.49
-0.07-0.10.13-0.10.120.85-0.12-0.12-0.11-0.09-0.16-0.010.830.30.00.120.540.490.620.660.890.25-0.870.330.3
0.10.110.030.11-0.18-0.530.120.130.120.110.130.04-0.47-0.150.120.08-0.45-0.62-0.27-0.23-0.65-0.32-0.870.04-0.1
0.390.370.430.380.120.570.370.360.360.380.260.410.590.10.590.250.35-0.470.430.570.24-0.370.330.040.2
-0.14-0.150.66-0.15-0.170.37-0.16-0.16-0.16-0.15-0.12-0.140.440.06-0.190.040.08-0.020.760.380.380.490.3-0.10.2
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Phenixfin Account Relationship Matchups

Phenixfin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets306.1M225.1M218.9M239.7M215.7M204.9M
Short Long Term Debt Total151.0M78.0M78.5M84.5M76.1M72.3M
Total Current Liabilities4.5M3.4M19.2M8.0M7.2M6.9M
Net Debt94.4M8.6M55.8M78.5M70.7M67.2M
Cash56.5M69.4M22.8M6.0M5.4M5.1M
Non Current Assets Total248.8M153.0M194.2M228.0M205.2M194.9M
Liabilities And Stockholders Equity306.1M225.1M218.9M239.7M215.7M204.9M
Total Liab155.5M81.4M98.0M93.0M83.7M79.5M
Total Current Assets57.3M72.1M24.7M11.7M10.5M10.0M
Accumulated Other Comprehensive Income150.6M143.7M120.8M146.7M168.7M177.1M
Total Stockholder Equity150.6M143.7M120.8M146.7M132.0M125.4M
Current Deferred Revenue(76.9M)(77.4M)(78.0M)421.7M379.5M398.5M
Retained Earnings(521.8M)(545.2M)(554.6M)(548.1M)(493.3M)(468.6M)
Non Currrent Assets Other(304.0M)788.2K729.5K1.1M974.1K1.0M
Other Assets2.1M1.4M(1.4M)(6.9B)(6.3B)(5.9B)
Cash And Short Term Investments56.5M69.4M22.8M6.0M6.9M6.5M
Net Receivables743.6K2.3M996.9K5.1M4.6M5.9M
Non Current Liabilities Total151.0M78.0M78.9M85.0M76.5M72.6M
Other Stockholder Equity521.8M545.2M554.6M548.1M630.3M575.7M
Common Stock2.7K2.5K2.1K2.1K1.9K1.8K
Other Current Liab2.4M1.9M578.0K(505.1M)(580.9M)(609.9M)
Accounts Payable2.1M1.4M18.6M7.2M6.5M8.5M
Short Term Debt76.9M77.4M78.0M84.3M75.8M72.0M
Other Liab103.6K10.5K34.0327.9K295.1K240.8K
Net Tangible Assets216.4M150.6M143.7M120.8M108.8M188.4M
Net Invested Capital301.6M221.1M198.8M231.0M207.9M354.2M
Long Term Investments246.7M151.6M193.0M226.5M203.8M309.4M
Capital Stock2.7K2.5K2.1K2.1K1.9K1.8K
Other Current Assets0.0292.0K910.6K639.7K735.6K772.4K

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