Papaya Net Working Capital vs Current Deferred Revenue Analysis
| PPYAU Stock | USD 11.01 0.00 0.00% |
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 Net Working Capital and its Current Deferred Revenue 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 closely tied with the direction of predictive economic indicators such as signals in nation.
Net Working Capital vs Current Deferred Revenue
Net Working Capital vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Papaya Growth Opportunity Net Working Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Papaya Growth's Net Working Capital and Current Deferred Revenue is -0.84. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Current Deferred Revenue 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 Net Working Capital and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Papaya Growth Opportunity are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Working Capital i.e., Papaya Growth's Net Working Capital and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.84 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Working Capital
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 closely tied with the direction of predictive economic indicators such as signals in nation. Enterprise Value is likely to gain to about 339.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 497.1K | 5.3M | 3.2M | Tax Provision | 639.0K | 2.2M | 1.6M |
Papaya Growth fundamental ratios Correlations
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Papaya Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Papaya Growth's price analysis, check to measure Papaya Growth'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 Papaya Growth is operating at the current time. Most of Papaya Growth's value examination focuses on studying past and present price action to predict the probability of Papaya Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Papaya Growth's price. Additionally, you may evaluate how the addition of Papaya Growth to your portfolios can decrease your overall portfolio volatility.