Palantir Inventory vs Cash And Short Term Investments Analysis
PLTR Stock | USD 23.77 0.08 0.34% |
Palantir Technologies financial indicator trend analysis is much more than just breaking down Palantir Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palantir Technologies is a good investment. Please check the relationship between Palantir Technologies Inventory and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palantir Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir Technologies guide.
Inventory vs Cash And Short Term Investments
Inventory vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palantir Technologies Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Palantir Technologies' Inventory and Cash And Short Term Investments is 0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Palantir Technologies, assuming nothing else is changed. The correlation between historical values of Palantir Technologies' Inventory and Cash 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 Inventory of Palantir Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Palantir Technologies' Inventory and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Palantir Technologies balance sheet. This account contains Palantir Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Palantir Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Palantir Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palantir Technologies 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 Palantir Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir Technologies guide.At this time, Palantir Technologies' Selling General Administrative is relatively stable compared to the past year. As of 06/12/2024, Sales General And Administrative To Revenue is likely to grow to 0.46, while Tax Provision is likely to drop slightly above 12.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 14.9M | 22.5M | 33.4M | 20.3M | Interest Income | 1.6M | 20.3M | 132.6M | 139.2M |
Palantir Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Palantir Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Palantir Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 2.7B | 3.2B | 3.5B | 4.5B | 3.1B | |
Other Current Liab | 126.6M | 158.5M | 155.8M | 172.7M | 223.0M | 176.1M | |
Total Current Liabilities | 728.6M | 603.8M | 660.1M | 587.9M | 746.0M | 707.4M | |
Total Stockholder Equity | (2.0B) | 1.5B | 2.3B | 2.6B | 3.5B | 3.6B | |
Other Liab | 322.8M | 136.4M | 76.2M | 26.6M | 23.9M | 22.7M | |
Net Tangible Assets | (2.0B) | 1.5B | 2.3B | 2.6B | 3.5B | 3.6B | |
Property Plant And Equipment Net | 31.6M | 29.5M | 31.3M | 69.2M | 47.8M | 43.9M | |
Current Deferred Revenue | 550.2M | 399.8M | 389.4M | 325.3M | 246.9M | 305.7M | |
Net Debt | (683.1M) | (1.6B) | (2.0B) | (2.3B) | (602.0M) | (632.1M) | |
Retained Earnings | (3.8B) | (5.0B) | (5.5B) | (5.9B) | (5.6B) | (5.9B) | |
Accounts Payable | 51.7M | 16.4M | 74.9M | 44.8M | 12.1M | 11.5M | |
Cash | 1.1B | 2.0B | 2.3B | 2.6B | 831.0M | 789.5M | |
Non Current Assets Total | 379.9M | 433.1M | 384.2M | 419.7M | 383.8M | 405.4M | |
Non Currrent Assets Other | 322.1M | 186.5M | 136.0M | 150.3M | 153.2M | 148.2M | |
Other Assets | 348.3M | 403.5M | 136.0M | 150.3M | 153.2M | 180.6M | |
Cash And Short Term Investments | 1.1B | 2.0B | 2.5B | 2.6B | 3.7B | 2.4B | |
Net Receivables | 50.3M | 156.9M | 190.9M | 258.3M | 364.8M | 190.8M | |
Common Stock Total Equity | 588K | 1.8M | 2.0M | 2.1M | 2.2M | 1.7M | |
Liabilities And Stockholders Equity | 1.6B | 2.7B | 3.2B | 3.5B | 4.5B | 3.1B | |
Non Current Liabilities Total | 2.8B | 564.1M | 296.4M | 230.9M | 215.4M | 204.7M | |
Inventory | 52.1M | 37.3M | 36.6M | 16.2M | 14.6M | 24.4M | |
Other Current Assets | 32.6M | 51.9M | 110.9M | 133.3M | 99.3M | 92.0M | |
Other Stockholder Equity | 1.8B | 3.8B | 7.8B | 8.4B | 9.1B | 5.9B | |
Total Liab | 3.6B | 1.2B | 956.4M | 818.8M | 961.5M | 1.4B | |
Net Invested Capital | (1.6B) | 1.7B | 2.3B | 2.6B | 3.5B | 3.6B | |
Total Current Assets | 1.2B | 2.3B | 2.9B | 3.0B | 4.1B | 2.7B | |
Accumulated Other Comprehensive Income | (703K) | (2.7M) | (2.3M) | (5.3M) | 801K | 841.1K | |
Capital Stock | 588K | 1.8M | 2.0M | 2.1M | 2.2M | 1.7M | |
Non Current Liabilities Other | 892K | 4.3M | 2.3M | 12.7M | 10.7M | 5.7M | |
Cash And Equivalents | 1.1B | 2.0B | 2.3B | 2.6B | 831.0M | 789.5M | |
Net Working Capital | 485.6M | 1.7B | 2.2B | 2.5B | 3.4B | 2.0B | |
Common Stock | 588K | 1.8M | 2.0M | 2.1M | 2.2M | 1.7M | |
Property Plant Equipment | 31.6M | 29.5M | 31.3M | 69.2M | 47.8M | 43.9M |
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