Phenixfin Other Assets vs Good Will 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 Other Assets and its Good Will 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.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phenixfin Other Assets account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Phenixfin's Other Assets and Good Will is 0.14. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Phenixfin, assuming nothing else is changed. The correlation between historical values of Phenixfin's Other Assets and Good Will 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 Phenixfin are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Assets i.e., Phenixfin's Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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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