Porch Other Current Liab from 2010 to 2024

PRCH Stock  USD 2.98  0.13  4.18%   
Porch's Other Current Liabilities is increasing with slightly volatile movements from year to year. Other Current Liabilities is predicted to flatten to about 115.8 M. For the period between 2010 and 2024, Porch, Other Current Liabilities quarterly trend regression had mean deviation of  62,989,152 and range of 210.2 M. View All Fundamentals
 
Other Current Liabilities  
First Reported
2019-12-31
Previous Quarter
260.4 M
Current Value
234.4 M
Quarterly Volatility
104 M
 
Covid
Check Porch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Porch's main balance sheet or income statement drivers, such as Interest Expense of 33.4 M, Income Tax Expense of 653.1 K or Tax Provision of 638.4 K, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0462 or Days Sales Outstanding of 143. Porch financial statements analysis is a perfect complement when working with Porch Valuation or Volatility modules.
  
Check out the analysis of Porch Correlation against competitors.

Latest Porch's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Porch Group over the last few years. It is Porch's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Porch's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Porch Other Current Liab Regression Statistics

Arithmetic Mean56,260,240
Geometric Mean25,663,355
Coefficient Of Variation137.07
Mean Deviation62,989,152
Median12,020,000
Standard Deviation77,113,892
Sample Variance5946.6T
Range210.2M
R-Value0.73
Mean Square Error2974.7T
R-Squared0.54
Significance0
Slope12,618,186
Total Sum of Squares83251.7T

Porch Other Current Liab History

2024115.8 M
2023204.5 M
2022222.2 M
2021154.9 M
202012.6 M
201925.7 M

About Porch Financial Statements

Investors use fundamental indicators, such as Porch's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Porch's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Liabilities204.5 M115.8 M

Currently Active Assets on Macroaxis

When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:
Check out the analysis of Porch Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Application Software space 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 Porch. If investors know Porch 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 Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
4.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(153.11)
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch'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 Porch's market value can be influenced by many factors that don't directly affect Porch'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 Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch'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.