Pyxis Other Assets vs Short Term Investments Analysis
PXS Stock | USD 5.02 0.01 0.20% |
Pyxis Tankers financial indicator trend analysis is much more than just breaking down Pyxis Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pyxis Tankers is a good investment. Please check the relationship between Pyxis Tankers Other Assets and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.
Other Assets vs Short Term Investments
Other Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyxis Tankers Other Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pyxis Tankers' Other Assets and Short Term Investments is -0.67. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Pyxis Tankers, assuming nothing else is changed. The correlation between historical values of Pyxis Tankers' Other Assets 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 Other Assets of Pyxis Tankers 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 Other Assets i.e., Pyxis Tankers' Other Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Assets
Short Term Investments
Short Term Investments is an item under the current assets section of Pyxis Tankers balance sheet. It contains any investments Pyxis Tankers undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Pyxis Tankers can easily liquidate in the marketplace.Most indicators from Pyxis Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pyxis Tankers 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 Pyxis Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.At this time, Pyxis Tankers' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 3.30 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.3M | 4.4M | 5.6M | 3.9M | Depreciation And Amortization | 7.3M | 6.6M | 5.9M | 6.2M |
Pyxis Tankers fundamental ratios Correlations
Click cells to compare fundamentals
Pyxis Tankers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pyxis Tankers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 108.8M | 93.2M | 142.6M | 139.0M | 166.3M | 143.2M | |
Short Long Term Debt Total | 63.2M | 58.6M | 82.6M | 70.9M | 61.0M | 56.3M | |
Other Current Liab | 7.6M | 677K | 8.1M | 2.0M | 1.6M | 1.6M | |
Total Current Liabilities | 22.5M | 8.3M | 22.8M | 12.6M | 10.1M | 11.6M | |
Total Stockholder Equity | 32M | 29.6M | 48.9M | 61.4M | 96.5M | 56.8M | |
Net Tangible Assets | 32M | 29.6M | 48.9M | 61.4M | 55.2M | 37.7M | |
Property Plant And Equipment Net | 87.5M | 83.8M | 119.7M | 114.2M | 101.9M | 88.6M | |
Net Debt | 61.8M | 57.0M | 76.4M | 63.3M | 26.4M | 51.9M | |
Retained Earnings | (43.2M) | (50.2M) | (63.0M) | (50.5M) | (14.3M) | (15.0M) | |
Accounts Payable | 4.5M | 3.6M | 3.1M | 2.6M | 1.7M | 2.8M | |
Cash | 1.4M | 1.6M | 6.2M | 7.6M | 34.5M | 36.3M | |
Non Current Assets Total | 91.5M | 87.8M | 123.5M | 117.8M | 105.4M | 92.7M | |
Non Currrent Assets Other | 826K | 1.6M | 912K | 794K | 1.7M | 3.1M | |
Other Assets | 4.0M | 4.0M | 3.7M | 3.0M | 1.0 | 0.95 | |
Long Term Debt | 54.2M | 55.3M | 70.9M | 65.0M | 55.4M | 51.0M | |
Cash And Short Term Investments | 1.4M | 1.6M | 6.2M | 7.6M | 54.5M | 57.3M | |
Net Receivables | 1.2M | 3.0M | 1.7M | 11.1M | 5.2M | 3.8M | |
Common Stock Shares Outstanding | 21.2M | 21.5M | 36.0M | 12.6M | 12.6M | 13.2M | |
Liabilities And Stockholders Equity | 108.8M | 93.2M | 142.6M | 139.0M | 166.3M | 143.2M | |
Non Current Liabilities Total | 54.2M | 55.3M | 70.9M | 65.0M | 55.4M | 51.0M | |
Inventory | 501K | 681K | 1.6M | 1.9M | 957K | 1.1M | |
Other Current Assets | 325K | 133K | 186K | 580K | 226K | 336.7K | |
Other Stockholder Equity | 75.2M | 79.7M | 111.8M | 111.8M | 110.8M | 90.6M | |
Total Liab | 76.8M | 63.6M | 93.7M | 77.6M | 65.5M | 62.6M | |
Deferred Long Term Liab | 779K | 1.6M | 912K | 794K | 913.1K | 797.4K | |
Short Long Term Debt | 9.0M | 3.3M | 11.7M | 5.8M | 5.6M | 10.1M | |
Total Current Assets | 17.2M | 5.4M | 19.1M | 21.1M | 60.9M | 63.9M | |
Short Term Debt | 9.0M | 3.3M | 11.7M | 5.8M | 5.6M | 7.3M | |
Property Plant Equipment | 87.5M | 83.8M | 119.7M | 114.2M | 102.8M | 90.4M | |
Net Invested Capital | 95.2M | 88.1M | 131.4M | 132.2M | 157.5M | 130.7M | |
Net Working Capital | (5.3M) | (2.9M) | (3.7M) | 8.6M | 50.8M | 53.3M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Pyxis Stock analysis
When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' 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 Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |
Is Pyxis Tankers' 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 Pyxis Tankers. If investors know Pyxis 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 Pyxis Tankers 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 2.319 | Earnings Share 2.94 | Revenue Per Share 4.249 | Quarterly Revenue Growth (0.28) | Return On Assets 0.0686 |
The market value of Pyxis Tankers is measured differently than its book value, which is the value of Pyxis that is recorded on the company's balance sheet. Investors also form their own opinion of Pyxis Tankers' value that differs from its market value or its book value, called intrinsic value, which is Pyxis Tankers' 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 Pyxis Tankers' market value can be influenced by many factors that don't directly affect Pyxis Tankers' 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 Pyxis Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyxis Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyxis Tankers' 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.