Papaya Cash And Short Term Investments vs Non Current Assets Total Analysis

PPYA Stock  USD 10.99  0.22  1.96%   
Papaya Growth financial indicator trend analysis is much more than just breaking down Papaya Growth Opportunity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Papaya Growth Opportunity is a good investment. Please check the relationship between Papaya Growth Cash And Short Term Investments and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Papaya Growth Opportunity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Papaya Growth Opportunity Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Papaya Growth's Cash And Short Term Investments and Non Current Assets Total is 0.98. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Papaya Growth Opportunity, assuming nothing else is changed. The correlation between historical values of Papaya Growth's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Papaya Growth Opportunity are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Papaya Growth's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Papaya Growth Opportunity balance sheet. This account contains Papaya Growth investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Papaya Growth Opportunity fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Papaya Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Papaya Growth Opportunity 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 Papaya Growth Opportunity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
The current year's Enterprise Value is expected to grow to about 339.7 M, whereas Selling General Administrative is forecasted to decline to about 1.5 M.
 2010 2023 2024 (projected)
Net Interest Income497.1K5.3M3.2M
Tax Provision639.0K2.2M1.6M

Papaya Growth fundamental ratios Correlations

0.660.610.571.00.01-0.12-0.40.360.981.01.00.010.98-0.010.89-0.680.58-0.011.00.560.931.0-0.50.661.0
0.660.990.990.590.750.6-0.910.940.510.660.660.750.51-0.740.26-0.960.99-0.560.60.940.790.66-0.941.00.66
0.610.991.00.540.790.69-0.960.950.440.610.610.790.44-0.790.19-0.981.0-0.670.550.980.790.61-0.980.990.61
0.570.991.00.490.830.72-0.960.970.40.570.570.830.4-0.820.13-0.981.0-0.690.50.970.750.57-0.980.990.57
1.00.590.540.49-0.08-0.21-0.310.280.991.01.0-0.080.990.080.93-0.610.510.081.00.480.91.0-0.420.591.0
0.010.750.790.83-0.080.94-0.890.94-0.180.010.011.0-0.18-0.99-0.44-0.710.82-0.8-0.070.790.260.01-0.840.750.01
-0.120.60.690.72-0.210.94-0.860.82-0.31-0.12-0.120.94-0.31-0.97-0.56-0.650.71-0.94-0.190.760.21-0.12-0.80.6-0.12
-0.4-0.91-0.96-0.96-0.31-0.89-0.86-0.96-0.21-0.4-0.4-0.89-0.210.910.070.95-0.960.86-0.33-0.98-0.66-0.40.99-0.91-0.4
0.360.940.950.970.280.940.82-0.960.170.360.360.940.17-0.92-0.09-0.90.97-0.730.290.920.560.36-0.950.940.36
0.980.510.440.40.99-0.18-0.31-0.210.170.980.98-0.181.00.190.96-0.520.410.180.990.380.850.98-0.310.510.98
1.00.660.610.571.00.01-0.12-0.40.360.981.00.010.98-0.010.89-0.680.58-0.011.00.560.931.0-0.50.661.0
1.00.660.610.571.00.01-0.12-0.40.360.981.00.010.98-0.010.89-0.680.580.01.00.550.931.0-0.50.661.0
0.010.750.790.83-0.081.00.94-0.890.94-0.180.010.01-0.18-0.99-0.44-0.710.82-0.8-0.070.790.260.01-0.840.750.01
0.980.510.440.40.99-0.18-0.31-0.210.171.00.980.98-0.180.190.96-0.520.410.180.990.380.850.98-0.310.510.98
-0.01-0.74-0.79-0.820.08-0.99-0.970.91-0.920.19-0.01-0.01-0.990.190.450.73-0.820.870.07-0.82-0.29-0.010.86-0.74-0.01
0.890.260.190.130.93-0.44-0.560.07-0.090.960.890.89-0.440.960.45-0.260.150.430.920.110.680.89-0.040.260.89
-0.68-0.96-0.98-0.98-0.61-0.71-0.650.95-0.9-0.52-0.68-0.68-0.71-0.520.73-0.26-0.980.69-0.62-0.99-0.86-0.680.98-0.96-0.68
0.580.991.01.00.510.820.71-0.960.970.410.580.580.820.41-0.820.15-0.98-0.680.520.970.760.58-0.980.990.58
-0.01-0.56-0.67-0.690.08-0.8-0.940.86-0.730.18-0.010.0-0.80.180.870.430.69-0.680.07-0.79-0.36-0.010.81-0.56-0.01
1.00.60.550.51.0-0.07-0.19-0.330.290.991.01.0-0.070.990.070.92-0.620.520.070.490.911.0-0.430.61.0
0.560.940.980.970.480.790.76-0.980.920.380.560.550.790.38-0.820.11-0.990.97-0.790.490.790.56-1.00.940.56
0.930.790.790.750.90.260.21-0.660.560.850.930.930.260.85-0.290.68-0.860.76-0.360.910.790.93-0.740.790.93
1.00.660.610.571.00.01-0.12-0.40.360.981.01.00.010.98-0.010.89-0.680.58-0.011.00.560.93-0.50.661.0
-0.5-0.94-0.98-0.98-0.42-0.84-0.80.99-0.95-0.31-0.5-0.5-0.84-0.310.86-0.040.98-0.980.81-0.43-1.0-0.74-0.5-0.94-0.5
0.661.00.990.990.590.750.6-0.910.940.510.660.660.750.51-0.740.26-0.960.99-0.560.60.940.790.66-0.940.66
1.00.660.610.571.00.01-0.12-0.40.360.981.01.00.010.98-0.010.89-0.680.58-0.011.00.560.931.0-0.50.66
Click cells to compare fundamentals

Papaya Growth Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Papaya Growth Opportunity is a strong investment it is important to analyze Papaya Growth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Papaya Growth's future performance. For an informed investment choice regarding Papaya Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Papaya Growth Opportunity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Papaya Growth's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Papaya Growth. If investors know Papaya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Papaya Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Earnings Share
0.76
Return On Assets
(0.01)
The market value of Papaya Growth Opportunity is measured differently than its book value, which is the value of Papaya that is recorded on the company's balance sheet. Investors also form their own opinion of Papaya Growth's value that differs from its market value or its book value, called intrinsic value, which is Papaya Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Papaya Growth's market value can be influenced by many factors that don't directly affect Papaya Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Papaya Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Papaya Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Papaya Growth'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.