Paysign Selling General Administrative vs Minority Interest Analysis
| PAYS Stock | USD 4.97 0.03 0.61% |
Paysign financial indicator trend analysis is much more than just breaking down Paysign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paysign is a good investment. Please check the relationship between Paysign Selling General Administrative and its Minority Interest accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. 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. For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.
Selling General Administrative vs Minority Interest
Selling General Administrative vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paysign Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Paysign's Selling General Administrative and Minority Interest is 0.16. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Paysign, assuming nothing else is changed. The correlation between historical values of Paysign's Selling General Administrative and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Paysign are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Selling General Administrative i.e., Paysign's Selling General Administrative and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Selling General Administrative
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Paysign whose combined shares represent less than 50% of the total outstanding shares issued by Paysign have a minority interest in Paysign.Most indicators from Paysign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paysign 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 Paysign. 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. For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.At this time, Paysign's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 217.7 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.26 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 17.5M | 20.6M | 20.3M | 19.3M | Cost Of Revenue | 14.8M | 17.1M | 27.2M | 25.8M |
Paysign fundamental ratios Correlations
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Paysign Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paysign fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 53.5M | 67.8M | 84.1M | 108.2M | 147.6M | 155.0M | |
| Other Current Liab | 1.5M | 2.2M | 5.8M | 8.1M | 92.3M | 87.7M | |
| Total Current Liabilities | 34.2M | 50.6M | 67.4M | 88.6M | 119.2M | 113.2M | |
| Total Stockholder Equity | 19.6M | 13.2M | 13.0M | 16.3M | 24.5M | 25.7M | |
| Property Plant And Equipment Net | 937.2K | 6.2M | 5.6M | 4.9M | 4.3M | 4.5M | |
| Net Debt | (9.7M) | (3.5M) | (3.4M) | (6.0M) | (106.0M) | (100.7M) | |
| Retained Earnings | 8.1M | (1.1M) | (3.8M) | (2.7M) | 3.7M | 3.9M | |
| Cash | 9.7M | 7.8M | 7.4M | 9.7M | 109.4M | 114.8M | |
| Non Current Assets Total | 5.7M | 9.9M | 9.7M | 10.5M | 18.4M | 19.3M | |
| Non Currrent Assets Other | 3.0M | (4.8M) | (9.9M) | (10.5M) | 4.3M | 4.5M | |
| Cash And Short Term Investments | 9.7M | 7.8M | 7.4M | 9.7M | 109.4M | 114.8M | |
| Net Receivables | 891.9K | 654.9K | 4.4M | 6.1M | 17.8M | 18.7M | |
| Common Stock Total Equity | 46.4K | 48.6K | 50.3K | 52.7K | 60.5K | 47.0K | |
| Common Stock Shares Outstanding | 54.6M | 49.3M | 51.0M | 52.9M | 54.2M | 50.3M | |
| Liabilities And Stockholders Equity | 53.5M | 67.8M | 84.1M | 108.2M | 147.6M | 155.0M | |
| Other Current Assets | 1.4M | 1.4M | 1.2M | 1.7M | 2.0M | 1.9M | |
| Other Stockholder Equity | 11.4M | 14.2M | 16.7M | 19.0M | 20.7M | 21.8M | |
| Total Liab | 34.2M | 54.6M | 71.1M | 92.0M | 123.1M | 116.9M | |
| Property Plant And Equipment Gross | 937.2K | 6.2M | 5.6M | 4.9M | 7.0M | 7.4M | |
| Total Current Assets | 47.9M | 58.0M | 74.3M | 97.7M | 129.2M | 122.7M | |
| Intangible Assets | 3.8M | 3.7M | 4.1M | 5.7M | 8.8M | 9.3M | |
| Common Stock | 48.6K | 50.3K | 52.1K | 52.7K | 53.5K | 48.5K | |
| Non Current Liabilities Total | 32.7M | 4.0M | 3.7M | 3.3M | 3.9M | 4.4M | |
| Net Tangible Assets | 15.7M | 9.5M | 8.9M | 10.6M | 12.2M | 12.8M | |
| Current Deferred Revenue | 32.7M | 48.1M | 61.3M | 80.2M | 92.3M | 96.9M | |
| Accounts Payable | 1.5M | 2.2M | 5.8M | 8.1M | 26.5M | 27.8M | |
| Retained Earnings Total Equity | 579.6K | 8.1M | (1.1M) | (2.7M) | (3.2M) | (3.3M) | |
| Capital Surpluse | 8.6M | 11.6M | 14.4M | 19.1M | 22.0M | 23.1M | |
| Property Plant Equipment | 937.2K | 6.2M | 5.6M | 1.3M | 1.4M | 1.7M | |
| Inventory | 35.9M | 48.1M | 61.3M | 80.2M | 92.2M | 96.8M | |
| Net Invested Capital | 19.6M | 13.2M | 13.0M | 16.3M | 24.5M | 15.8M | |
| Net Working Capital | 13.6M | 7.4M | 6.9M | 9.1M | 10.0M | 8.7M | |
| Capital Stock | 48.6K | 50.3K | 52.1K | 52.7K | 53.5K | 55.6K |
Pair Trading with Paysign
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paysign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paysign will appreciate offsetting losses from the drop in the long position's value.Moving together with Paysign Stock
| 0.75 | GB | Global Blue Group | PairCorr |
Moving against Paysign Stock
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| 0.82 | VRSN | VeriSign | PairCorr |
| 0.82 | FLYW | Flywire Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Paysign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paysign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paysign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paysign to buy it.
The correlation of Paysign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paysign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paysign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Paysign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. 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. For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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When running Paysign's price analysis, check to measure Paysign'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 Paysign is operating at the current time. Most of Paysign's value examination focuses on studying past and present price action to predict the probability of Paysign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paysign's price. Additionally, you may evaluate how the addition of Paysign to your portfolios can decrease your overall portfolio volatility.
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Is Paysign'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 Paysign. If investors know Paysign 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 Paysign 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 9.179 | Earnings Share 0.13 | Revenue Per Share 0.957 | Quarterly Revenue Growth 0.3 | Return On Assets 0.0001 |
The market value of Paysign is measured differently than its book value, which is the value of Paysign that is recorded on the company's balance sheet. Investors also form their own opinion of Paysign's value that differs from its market value or its book value, called intrinsic value, which is Paysign'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 Paysign's market value can be influenced by many factors that don't directly affect Paysign'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 Paysign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paysign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paysign'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.