Pyxis Total Liab vs Net Tangible Assets Analysis

PXS Stock

USD 4.63 0.04 0.87%

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 Total Liab and its Net Tangible Assets 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.

Total Liab vs Net Tangible Assets

Total Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyxis Tankers Total Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Pyxis Tankers' Total Liab and Net Tangible Assets is 0.5. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Tangible Assets 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' Total Liab and Net Tangible Assets 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 Liab of Pyxis Tankers are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Liab i.e., Pyxis Tankers' Total Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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

Interest Expense Depreciation And Amortization

Pyxis Tankers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.3	0.28	0.23	0.87	0.75	0.54	0.27	-0.2	0.51	-0.6	0.52	0.51	-0.16	-0.57	0.28	0.51	0.41	-0.2	0.47	0.28	0.1	0.18	0.15	0.32	-0.15
Short Long Term Debt Total	0.3		0.3	0.4	-0.03	0.57	0.83	0.42	0.77	0.06	-0.34	-0.52	0.84	0.01	0.46	0.97	-0.55	-0.08	-0.09	-0.59	0.97	0.08	0.43	-0.2	0.88	-0.24
Other Current Liab	0.28	0.3		0.91	-0.04	0.29	0.6	-0.29	0.34	0.51	-0.56	-0.32	0.53	-0.33	-0.32	0.26	-0.32	0.43	-0.17	-0.31	0.25	-0.55	-0.16	-0.6	0.7	0.1
Total Current Liabilities	0.23	0.4	0.91		-0.16	0.16	0.53	-0.01	0.42	0.25	-0.3	-0.33	0.44	-0.46	-0.12	0.29	-0.34	0.25	0.1	-0.35	0.29	-0.37	-0.21	-0.42	0.77	0.08
Total Stockholder Equity	0.87	-0.03	-0.04	-0.16		0.66	0.21	0.12	-0.57	0.39	-0.46	0.67	0.21	-0.02	-0.62	-0.02	0.66	0.4	-0.2	0.64	-0.02	0.2	0.14	0.36	-0.1	-0.13
Net Tangible Assets	0.75	0.57	0.29	0.16	0.66		0.76	0.18	0.17	0.43	-0.73	-0.03	0.79	0.13	-0.24	0.61	-0.05	0.56	-0.43	-0.09	0.61	0.18	0.54	-0.02	0.5	-0.37
Property Plant And Equipment Net	0.54	0.83	0.6	0.53	0.21	0.76		0.13	0.61	0.53	-0.68	-0.39	0.98	-0.07	0.08	0.86	-0.41	0.29	-0.47	-0.43	0.86	-0.19	0.37	-0.47	0.87	-0.23
Current Deferred Revenue	0.27	0.42	-0.29	-0.01	0.12	0.18	0.13		0.18	-0.31	0.19	0.15	0.11	-0.26	0.26	0.36	0.11	-0.05	0.34	0.04	0.36	0.53	0.27	0.42	0.23	0.03
Net Debt	-0.2	0.77	0.34	0.42	-0.57	0.17	0.61	0.18		0.02	-0.17	-0.78	0.64	0.15	0.58	0.77	-0.8	-0.16	-0.17	-0.81	0.77	-0.1	0.4	-0.51	0.75	-0.26
Retained Earnings	0.51	0.06	0.51	0.25	0.39	0.43	0.53	-0.31	0.02		-0.78	0.1	0.52	0.15	-0.48	0.13	0.13	0.28	-0.78	0.18	0.13	-0.65	0.3	-0.69	0.24	-0.23
Accounts Payable	-0.6	-0.34	-0.56	-0.3	-0.46	-0.73	-0.68	0.19	-0.17	-0.78		0.04	-0.71	-0.2	0.48	-0.38	0.04	-0.46	0.53	0.03	-0.38	0.39	-0.48	0.47	-0.43	0.17
Cash	0.52	-0.52	-0.32	-0.33	0.67	-0.03	-0.39	0.15	-0.78	0.1	0.04		-0.43	-0.18	-0.65	-0.55	1.0	0.11	0.18	0.98	-0.55	0.25	-0.22	0.55	-0.55	0.15
Non Current Assets Total	0.51	0.84	0.53	0.44	0.21	0.79	0.98	0.11	0.64	0.52	-0.71	-0.43		0.11	0.1	0.88	-0.45	0.25	-0.51	-0.46	0.88	-0.16	0.49	-0.47	0.84	-0.35
Non Currrent Assets Other	-0.16	0.01	-0.33	-0.46	-0.02	0.13	-0.07	-0.26	0.15	0.15	-0.2	-0.18	0.11		0.03	0.07	-0.15	-0.29	-0.4	-0.11	0.07	0.0	0.58	-0.17	-0.22	-0.69
Other Assets	-0.57	0.46	-0.32	-0.12	-0.62	-0.24	0.08	0.26	0.58	-0.48	0.48	-0.65	0.1	0.03		0.47	-0.66	-0.57	0.08	-0.67	0.47	0.14	0.16	-0.08	0.24	-0.09
Long Term Debt	0.28	0.97	0.26	0.29	-0.02	0.61	0.86	0.36	0.77	0.13	-0.38	-0.55	0.88	0.07	0.47		-0.57	-0.01	-0.24	-0.61	1.0	0.04	0.47	-0.26	0.83	-0.22
Cash And Short Term Investments	0.51	-0.55	-0.32	-0.34	0.66	-0.05	-0.41	0.11	-0.8	0.13	0.04	1.0	-0.45	-0.15	-0.66	-0.57		0.08	0.15	0.99	-0.57	0.21	-0.23	0.52	-0.57	0.14
Net Receivables	0.41	-0.08	0.43	0.25	0.4	0.56	0.29	-0.05	-0.16	0.28	-0.46	0.11	0.25	-0.29	-0.57	-0.01	0.08		-0.22	0.05	-0.02	0.11	0.01	0.01	0.13	0.17
Common Stock Shares Outstanding	-0.2	-0.09	-0.17	0.1	-0.2	-0.43	-0.47	0.34	-0.17	-0.78	0.53	0.18	-0.51	-0.4	0.08	-0.24	0.15	-0.22		0.09	-0.24	0.42	-0.51	0.65	-0.1	0.48
Short Term Investments	0.47	-0.59	-0.31	-0.35	0.64	-0.09	-0.43	0.04	-0.81	0.18	0.03	0.98	-0.46	-0.11	-0.67	-0.61	0.99	0.05	0.09		-0.61	0.13	-0.24	0.45	-0.6	0.11
Non Current Liabilities Total	0.28	0.97	0.25	0.29	-0.02	0.61	0.86	0.36	0.77	0.13	-0.38	-0.55	0.88	0.07	0.47	1.0	-0.57	-0.02	-0.24	-0.61		0.04	0.48	-0.26	0.83	-0.21
Inventory	0.1	0.08	-0.55	-0.37	0.2	0.18	-0.19	0.53	-0.1	-0.65	0.39	0.25	-0.16	0.0	0.14	0.04	0.21	0.11	0.42	0.13	0.04		0.04	0.83	-0.19	-0.17
Other Current Assets	0.18	0.43	-0.16	-0.21	0.14	0.54	0.37	0.27	0.4	0.3	-0.48	-0.22	0.49	0.58	0.16	0.47	-0.23	0.01	-0.51	-0.24	0.48	0.04		-0.22	0.19	-0.57
Other Stockholder Equity	0.15	-0.2	-0.6	-0.42	0.36	-0.02	-0.47	0.42	-0.51	-0.69	0.47	0.55	-0.47	-0.17	-0.08	-0.26	0.52	0.01	0.65	0.45	-0.26	0.83	-0.22		-0.42	0.14
Total Liab	0.32	0.88	0.7	0.77	-0.1	0.5	0.87	0.23	0.75	0.24	-0.43	-0.55	0.84	-0.22	0.24	0.83	-0.57	0.13	-0.1	-0.6	0.83	-0.19	0.19	-0.42		-0.1
Deferred Long Term Liab	-0.15	-0.24	0.1	0.08	-0.13	-0.37	-0.23	0.03	-0.26	-0.23	0.17	0.15	-0.35	-0.69	-0.09	-0.22	0.14	0.17	0.48	0.11	-0.21	-0.17	-0.57	0.14	-0.1

Click cells to compare fundamentals

Pyxis Tankers Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pyxis Tankers in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pyxis Tankers' short interest history, or implied volatility extrapolated from Pyxis Tankers options trading.

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When determining whether Pyxis Tankers is a strong investment it is important to analyze Pyxis Tankers' 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 Pyxis Tankers' future performance. For an informed investment choice regarding Pyxis Stock, refer to the following important reports:

How To Invest In Pyxis

Details

Is Pyxis Stock a good investment?

Details

What is Pyxis Tankers' Net Worth?

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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 Channel module to use Commodity Channel Index to analyze current equity momentum.

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.

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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.

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Pyxis Total Liab vs Net Tangible Assets Analysis

Total Liab vs Net Tangible Assets

Total Liab vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Total Liab

Net Tangible Assets

Pyxis Tankers fundamental ratios Correlations

Pyxis Tankers Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pyxis Tankers fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Pyxis Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Short Term Investments	+ 0.99	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Short Term Investments	+ 0.98	Cash
Long Term Debt	+ 0.97	Short Long Term Debt Total

Short Term Investments	- 0.81	Net Debt
Cash And Short Term Investments	- 0.8	Net Debt
Common Stock Shares Outstanding	- 0.78	Retained Earnings
Accounts Payable	- 0.78	Retained Earnings
Cash	- 0.78	Net Debt
Accounts Payable	- 0.73	Net Tangible Assets