Phenixfin Total Stockholder Equity vs Total Current Liabilities Analysis

PFX Stock  USD 44.84  0.28  0.62%   
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 Total Stockholder Equity and its Total Current Liabilities 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.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phenixfin Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Phenixfin's Total Stockholder Equity and Total Current Liabilities is -0.42. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Phenixfin, assuming nothing else is changed. The correlation between historical values of Phenixfin's Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Phenixfin are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Phenixfin's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Phenixfin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Phenixfin are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.Selling General Administrative is likely to drop to about 3.3 M in 2024. Tax Provision is likely to drop to about (60 K) in 2024

Phenixfin fundamental ratios Correlations

1.0-0.091.00.890.171.01.01.01.0-0.140.97-0.08-0.320.460.080.16-0.16-0.17-0.08-0.16-0.63-0.070.10.39-0.12
1.0-0.071.00.880.141.01.01.01.0-0.120.97-0.11-0.330.460.070.15-0.15-0.2-0.11-0.15-0.63-0.10.110.37-0.13
-0.09-0.07-0.07-0.3-0.44-0.07-0.06-0.07-0.070.99-0.23-0.420.58-0.220.04-0.990.98-0.07-0.20.990.35-0.530.46-0.30.04
1.01.0-0.070.880.141.01.01.01.0-0.120.97-0.11-0.330.460.070.14-0.15-0.2-0.11-0.15-0.63-0.10.110.38-0.13
0.890.88-0.30.880.240.880.880.890.88-0.340.9-0.02-0.420.310.060.36-0.36-0.16-0.09-0.37-0.580.12-0.180.12-0.13
0.170.14-0.440.140.240.120.110.120.14-0.490.20.950.310.080.450.48-0.490.770.87-0.48-0.270.85-0.530.570.44
1.01.0-0.071.00.880.121.01.01.0-0.120.97-0.13-0.350.470.060.14-0.15-0.21-0.13-0.14-0.62-0.120.120.37-0.14
1.01.0-0.061.00.880.111.01.01.0-0.110.97-0.13-0.340.460.060.13-0.14-0.21-0.13-0.14-0.62-0.120.130.36-0.14
1.01.0-0.071.00.890.121.01.01.0-0.120.97-0.13-0.340.450.050.14-0.14-0.21-0.13-0.14-0.61-0.110.120.36-0.14
1.01.0-0.071.00.880.141.01.01.0-0.130.97-0.1-0.330.460.070.15-0.15-0.19-0.1-0.15-0.63-0.090.110.38-0.13
-0.14-0.120.99-0.12-0.34-0.49-0.12-0.11-0.12-0.13-0.3-0.460.58-0.240.02-0.991.0-0.13-0.241.00.36-0.550.46-0.35-0.04
0.970.97-0.230.970.90.20.970.970.970.97-0.3-0.04-0.420.480.050.3-0.32-0.18-0.08-0.32-0.68-0.010.040.41-0.13
-0.08-0.11-0.42-0.11-0.020.95-0.13-0.13-0.13-0.1-0.46-0.040.370.040.420.45-0.460.850.93-0.45-0.160.83-0.470.590.52
-0.32-0.330.58-0.33-0.420.31-0.35-0.34-0.34-0.330.58-0.420.37-0.190.39-0.60.590.450.540.590.170.24-0.080.040.16
0.460.46-0.220.460.310.080.470.460.450.46-0.240.480.04-0.190.140.25-0.25-0.120.06-0.25-0.820.00.120.59-0.16
0.080.070.040.070.060.450.060.060.050.070.020.050.420.390.14-0.030.030.440.50.03-0.230.150.050.230.04
0.160.15-0.990.140.360.480.140.130.140.15-0.990.30.45-0.60.25-0.03-0.990.120.23-0.99-0.380.54-0.450.350.04
-0.16-0.150.98-0.15-0.36-0.49-0.15-0.14-0.14-0.151.0-0.32-0.460.59-0.250.03-0.99-0.12-0.231.00.37-0.540.45-0.36-0.04
-0.17-0.2-0.07-0.2-0.160.77-0.21-0.21-0.21-0.19-0.13-0.180.850.45-0.120.440.12-0.120.82-0.120.130.61-0.260.420.83
-0.08-0.11-0.2-0.11-0.090.87-0.13-0.13-0.13-0.1-0.24-0.080.930.540.060.50.23-0.230.82-0.23-0.190.66-0.230.570.45
-0.16-0.150.99-0.15-0.37-0.48-0.14-0.14-0.14-0.151.0-0.32-0.450.59-0.250.03-0.991.0-0.12-0.230.37-0.540.45-0.35-0.04
-0.63-0.630.35-0.63-0.58-0.27-0.62-0.62-0.61-0.630.36-0.68-0.160.17-0.82-0.23-0.380.370.13-0.190.37-0.140.03-0.540.31
-0.07-0.1-0.53-0.10.120.85-0.12-0.12-0.11-0.09-0.55-0.010.830.240.00.150.54-0.540.610.66-0.54-0.14-0.870.330.38
0.10.110.460.11-0.18-0.530.120.130.120.110.460.04-0.47-0.080.120.05-0.450.45-0.26-0.230.450.03-0.870.04-0.17
0.390.37-0.30.380.120.570.370.360.360.38-0.350.410.590.040.590.230.35-0.360.420.57-0.35-0.540.330.040.25
-0.12-0.130.04-0.13-0.130.44-0.14-0.14-0.14-0.13-0.04-0.130.520.16-0.160.040.04-0.040.830.45-0.040.310.38-0.170.25
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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 Total151.0M77.4M78.0M84.3M75.8M72.0M
Total Current Liabilities2.9M1.4M2.5M421.7M379.5M398.5M
Net Debt94.4M8.0M55.2M78.3M70.4M66.9M
Cash56.5M69.4M22.8M6.0M5.4M5.1M
Non Current Assets Total246.7M151.6M218.9M226.5M203.8M193.6M
Liabilities And Stockholders Equity306.1M225.1M218.9M239.7M215.7M204.9M
Total Liab155.5M81.4M98.0M93.0M83.7M79.5M
Total Current Assets57.3M72.1M1.4M7.0B8.0B8.4B
Total Stockholder Equity150.6M143.7M120.8M146.7M132.0M125.4M
Current Deferred Revenue10.5K1.3M325.6K421.7M379.5M398.5M
Retained Earnings(521.8M)(545.2M)(554.6M)(548.1M)(493.3M)(468.6M)
Non Currrent Assets Other(246.7M)(613.5K)25.4M(449.8K)(404.8K)(425.1K)
Other Assets2.1M1.4M(1.4M)(6.9B)(6.3B)(5.9B)
Cash And Short Term Investments56.5M69.4M22.8M6.0B6.9B7.2B
Net Receivables744K2.6M1.4M5.5M5.0M5.9M
Non Current Liabilities Total151.0M77.4M98.0M92.6B106.5B111.8B
Other Stockholder Equity672.4M688.9M675.4M694.8M799.0M623.2M
Common Stock3K2.5K2.1K2.1K1.9K1.8K
Other Current Liab(74.0M)(1.4M)(78.3M)(8.0M)(9.2M)(9.7M)
Accounts Payable2.9M1.4M2.5M7.9M7.1M7.5M
Short Term Debt74.0M84K78.0M156.4K140.7K133.7K
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 Assets(57.3M)(72.1M)(24.2M)(11.5M)(13.2M)(13.9M)

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