Pacific Retained Earnings vs Total Assets Analysis
| PHI Stock | | | 776.00 6.00 0.77% |
Pacific Horizon financial indicator trend analysis is much more than just breaking down Pacific Horizon Inve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Horizon Inve is a good investment. Please check the relationship between Pacific Horizon Retained Earnings and its Total Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Horizon Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pacific Horizon Inve Retained Earnings account and
Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pacific Horizon's Retained Earnings and Total Assets is 0.2. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Pacific Horizon Investment, assuming nothing else is changed. The correlation between historical values of Pacific Horizon's Retained Earnings and Total 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 Retained Earnings of Pacific Horizon Investment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Pacific Horizon's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Assets
Total assets refers to the total amount of Pacific Horizon assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Pacific Horizon Inve books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Pacific Horizon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Horizon Inve 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 Pacific Horizon Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
At present, Pacific Horizon's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Pacific Horizon fundamental ratios Correlations
Click cells to compare fundamentals
Pacific Horizon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Horizon fundamental ratios Accounts
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Other Information on Investing in Pacific Stock
Balance Sheet is a snapshot of the
financial position of Pacific Horizon Inve at a specified time, usually calculated after every quarter, six months, or one year. Pacific Horizon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pacific Horizon and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pacific currently owns. An asset can also be divided into two categories, current and non-current.