Procore Capital Stock vs Deferred Long Term Liab Analysis
PCOR Stock | USD 78.82 2.76 3.38% |
Procore Technologies financial indicator trend analysis is much more than just breaking down Procore Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procore Technologies is a good investment. Please check the relationship between Procore Technologies Capital Stock and its Deferred Long Term Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procore 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 persons. To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.
Capital Stock vs Deferred Long Term Liab
Capital Stock vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procore Technologies Capital Stock account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Procore Technologies' Capital Stock and Deferred Long Term Liab is -0.1. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Procore Technologies, assuming nothing else is changed. The correlation between historical values of Procore Technologies' Capital Stock and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Procore Technologies are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Capital Stock i.e., Procore Technologies' Capital Stock and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Procore Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procore 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 Procore 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 persons. To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.As of 12/16/2024, Tax Provision is likely to grow to about 346.5 K, while Selling General Administrative is likely to drop slightly above 111.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.2M | 2.1M | 2.0M | 1.7M | Depreciation And Amortization | 43.9M | 73.2M | 67.0M | 38.6M |
Procore Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Procore Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Procore Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 8.6M | 39.3M | 86.7M | 120.8M | 127.4M | 73.1M | |
Total Current Liabilities | 224.8M | 261.7M | 403.7M | 531.6M | 642.4M | 363.4M | |
Other Liab | 6.1M | 8.3M | 8.7M | 8.3M | 9.6M | 6.5M | |
Net Tangible Assets | (419.1M) | (449.8M) | 419.3M | 356.1M | 409.5M | 430.0M | |
Retained Earnings | (300.8M) | (397.0M) | (662.2M) | (949.1M) | (1.1B) | (1.1B) | |
Accounts Payable | 9.4M | 9.0M | 15.5M | 14.3M | 13.2M | 12.0M | |
Other Assets | 27.0M | 32.9M | 47.9M | 51.3M | 59.0M | 36.5M | |
Net Receivables | 58.2M | 77.7M | 118.4M | 160.2M | 208.5M | 106.9M | |
Common Stock Shares Outstanding | 104.3M | 27.9M | 134.0M | 136.5M | 142.0M | 121.7M | |
Other Current Assets | 12.5M | 30.4M | 47.8M | 37.5M | 71.1M | 74.7M | |
Other Stockholder Equity | (395.9M) | 124.8M | 1.9B | 2.1B | 2.3B | 2.4B | |
Deferred Long Term Liab | 21.7M | 24.5M | 25.9M | 5.3M | 6.1M | 5.8M | |
Total Current Assets | 201.1M | 488.0M | 752.3M | 799.2M | 955.7M | 540.2M | |
Property Plant Equipment | 110.3M | 122.1M | 120.5M | 39.2M | 35.3M | 33.5M | |
Total Assets | 503.7M | 820.8M | 1.7B | 1.7B | 1.9B | 1.3B | |
Short Long Term Debt Total | 83.7M | 95.4M | 88.9M | 83.7M | 81.5M | 92.8M | |
Total Stockholder Equity | (253.8M) | (272.1M) | 1.2B | 1.1B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 110.3M | 122.1M | 120.5M | 118.2M | 114.8M | 124.2M | |
Current Deferred Revenue | 173.5M | 213.4M | 301.6M | 396.5M | 501.9M | 311.2M | |
Net Debt | (34.8M) | (284.5M) | (497.2M) | (213.0M) | (276.3M) | (290.1M) | |
Cash | 118.5M | 379.9M | 586.1M | 296.7M | 357.8M | 336.2M | |
Non Current Assets Total | 302.6M | 332.8M | 938.4M | 941.2M | 937.8M | 655.8M | |
Non Currrent Assets Other | 27.0M | 32.9M | 47.9M | 62.4M | 63.1M | 46.3M | |
Cash And Short Term Investments | 118.5M | 379.9M | 586.1M | 582.2M | 678.0M | 447.2M | |
Good Will | 114.5M | 126.0M | 540.9M | 539.1M | 539.4M | 341.1M | |
Liabilities And Stockholders Equity | 503.7M | 820.8M | 1.7B | 1.7B | 1.9B | 1.3B | |
Non Current Liabilities Total | 532.6M | 831.2M | 97.7M | 92.0M | 95.5M | 90.8M | |
Capital Lease Obligations | 83.7M | 95.4M | 88.9M | 83.7M | 81.5M | 92.8M | |
Inventory | 11.9M | 13.6M | 17.0M | 23.6M | 1.0 | 0.95 | |
Total Liab | 757.4M | 1.1B | 501.4M | 623.6M | 738.0M | 767.8M | |
Net Invested Capital | (253.8M) | (272.1M) | 1.2B | 1.1B | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 109.7M | 120.9M | 120.5M | 118.2M | 149.8M | 130.3M | |
Accumulated Other Comprehensive Income | 20K | 187K | (583K) | (2.3M) | (1.4M) | (1.3M) | |
Non Current Liabilities Other | 1.7M | 1.9M | 4.7M | 3.0M | 6.3M | 3.3M | |
Net Working Capital | (23.7M) | 226.3M | 348.6M | 267.6M | 313.3M | 208.4M | |
Short Term Debt | 33.2M | 28.5M | 65.9M | 10.7M | 12.4M | 22.8M | |
Intangible Assets | 50.8M | 51.8M | 229.0M | 221.5M | 220.6M | 144.3M |
Pair Trading with Procore Technologies
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 Procore Technologies 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 Procore Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Procore Stock
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0.9 | BL | Blackline | PairCorr |
0.76 | DT | Dynatrace Holdings LLC | PairCorr |
The ability to find closely correlated positions to Procore Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procore Technologies 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 Procore Technologies - 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 Procore Technologies to buy it.
The correlation of Procore Technologies 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 Procore Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procore Technologies 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 Procore Technologies 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.Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.