Procore Deferred Long Term Liab vs Capital Stock 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 Deferred Long Term Liab and its Capital Stock 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.

Deferred Long Term Liab vs Capital Stock

Deferred Long Term Liab vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procore Technologies Deferred Long Term Liab account and Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Procore Technologies' Deferred Long Term Liab and Capital Stock is -0.1. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Capital Stock 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' Deferred Long Term Liab and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Procore Technologies are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Deferred Long Term Liab i.e., Procore Technologies' Deferred Long Term Liab and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Expense2.2M2.1M2.0M1.7M
Depreciation And Amortization43.9M73.2M67.0M38.6M

Procore Technologies fundamental ratios Correlations

0.510.330.71-0.510.450.580.520.560.430.62-0.560.510.63-0.650.55-0.020.60.160.56-0.330.320.540.560.540.54
0.510.910.77-0.940.910.991.00.260.880.89-0.060.980.96-0.130.980.640.890.820.99-0.770.770.960.990.960.96
0.330.910.57-0.840.890.930.91-0.070.830.750.280.940.850.190.920.850.760.940.9-0.870.880.90.910.930.9
0.710.770.57-0.840.830.780.760.650.80.95-0.350.770.88-0.430.830.360.960.540.79-0.680.650.850.810.80.85
-0.51-0.94-0.84-0.84-0.88-0.91-0.94-0.29-0.96-0.960.2-0.92-0.910.28-0.94-0.68-0.94-0.83-0.960.76-0.74-0.92-0.96-0.93-0.92
0.450.910.890.83-0.880.940.90.320.840.90.130.940.960.050.970.690.940.850.89-0.880.880.990.940.940.99
0.580.990.930.78-0.910.940.980.260.860.890.00.990.98-0.080.990.640.890.810.98-0.830.830.980.980.980.98
0.521.00.910.76-0.940.90.980.240.880.88-0.070.980.95-0.130.970.630.880.811.0-0.770.770.950.980.960.95
0.560.26-0.070.65-0.290.320.260.240.180.42-0.560.170.43-0.590.27-0.390.48-0.170.270.01-0.040.320.270.170.34
0.430.880.830.8-0.960.840.860.880.180.93-0.070.890.84-0.170.90.760.90.860.9-0.840.810.870.890.910.87
0.620.890.750.95-0.960.90.890.880.420.93-0.240.90.93-0.330.930.590.990.750.91-0.80.770.930.920.920.93
-0.56-0.060.28-0.350.20.130.0-0.07-0.56-0.07-0.240.05-0.080.990.010.44-0.170.3-0.12-0.360.40.02-0.090.040.02
0.510.980.940.77-0.920.940.990.980.170.890.90.050.96-0.030.990.710.890.860.97-0.870.870.970.980.990.97
0.630.960.850.88-0.910.960.980.950.430.840.93-0.080.96-0.160.980.550.950.740.95-0.80.80.990.970.950.99
-0.65-0.130.19-0.430.280.05-0.08-0.13-0.59-0.17-0.330.99-0.03-0.16-0.070.36-0.260.22-0.2-0.260.3-0.06-0.16-0.04-0.06
0.550.980.920.83-0.940.970.990.970.270.90.930.010.990.98-0.070.690.940.850.97-0.870.870.990.990.990.99
-0.020.640.850.36-0.680.690.640.63-0.390.760.590.440.710.550.360.690.580.960.63-0.830.830.670.670.730.66
0.60.890.760.96-0.940.940.890.880.480.90.99-0.170.890.95-0.260.940.580.750.9-0.810.790.950.920.910.95
0.160.820.940.54-0.830.850.810.81-0.170.860.750.30.860.740.220.850.960.750.8-0.880.880.840.840.860.83
0.560.990.90.79-0.960.890.981.00.270.90.91-0.120.970.95-0.20.970.630.90.8-0.760.760.950.990.960.95
-0.33-0.77-0.87-0.680.76-0.88-0.83-0.770.01-0.84-0.8-0.36-0.87-0.8-0.26-0.87-0.83-0.81-0.88-0.76-1.0-0.86-0.8-0.9-0.86
0.320.770.880.65-0.740.880.830.77-0.040.810.770.40.870.80.30.870.830.790.880.76-1.00.860.790.90.86
0.540.960.90.85-0.920.990.980.950.320.870.930.020.970.99-0.060.990.670.950.840.95-0.860.860.980.971.0
0.560.990.910.81-0.960.940.980.980.270.890.92-0.090.980.97-0.160.990.670.920.840.99-0.80.790.980.970.98
0.540.960.930.8-0.930.940.980.960.170.910.920.040.990.95-0.040.990.730.910.860.96-0.90.90.970.970.97
0.540.960.90.85-0.920.990.980.950.340.870.930.020.970.99-0.060.990.660.950.830.95-0.860.861.00.980.97
Click cells to compare fundamentals

Procore Technologies Account Relationship Matchups

Procore Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab8.6M39.3M86.7M120.8M127.4M73.1M
Total Current Liabilities224.8M261.7M403.7M531.6M642.4M363.4M
Other Liab6.1M8.3M8.7M8.3M9.6M6.5M
Net Tangible Assets(419.1M)(449.8M)419.3M356.1M409.5M430.0M
Retained Earnings(300.8M)(397.0M)(662.2M)(949.1M)(1.1B)(1.1B)
Accounts Payable9.4M9.0M15.5M14.3M13.2M12.0M
Other Assets27.0M32.9M47.9M51.3M59.0M36.5M
Net Receivables58.2M77.7M118.4M160.2M208.5M106.9M
Common Stock Shares Outstanding104.3M27.9M134.0M136.5M142.0M121.7M
Other Current Assets12.5M30.4M47.8M37.5M71.1M74.7M
Other Stockholder Equity(395.9M)124.8M1.9B2.1B2.3B2.4B
Deferred Long Term Liab21.7M24.5M25.9M5.3M6.1M5.8M
Total Current Assets201.1M488.0M752.3M799.2M955.7M540.2M
Property Plant Equipment110.3M122.1M120.5M39.2M35.3M33.5M
Total Assets503.7M820.8M1.7B1.7B1.9B1.3B
Short Long Term Debt Total83.7M95.4M88.9M83.7M81.5M92.8M
Total Stockholder Equity(253.8M)(272.1M)1.2B1.1B1.2B1.2B
Property Plant And Equipment Net110.3M122.1M120.5M118.2M114.8M124.2M
Current Deferred Revenue173.5M213.4M301.6M396.5M501.9M311.2M
Net Debt(34.8M)(284.5M)(497.2M)(213.0M)(276.3M)(290.1M)
Cash118.5M379.9M586.1M296.7M357.8M336.2M
Non Current Assets Total302.6M332.8M938.4M941.2M937.8M655.8M
Non Currrent Assets Other27.0M32.9M47.9M62.4M63.1M46.3M
Cash And Short Term Investments118.5M379.9M586.1M582.2M678.0M447.2M
Good Will114.5M126.0M540.9M539.1M539.4M341.1M
Liabilities And Stockholders Equity503.7M820.8M1.7B1.7B1.9B1.3B
Non Current Liabilities Total532.6M831.2M97.7M92.0M95.5M90.8M
Capital Lease Obligations83.7M95.4M88.9M83.7M81.5M92.8M
Inventory11.9M13.6M17.0M23.6M1.00.95
Total Liab757.4M1.1B501.4M623.6M738.0M767.8M
Net Invested Capital(253.8M)(272.1M)1.2B1.1B1.2B1.2B
Property Plant And Equipment Gross109.7M120.9M120.5M118.2M149.8M130.3M
Accumulated Other Comprehensive Income20K187K(583K)(2.3M)(1.4M)(1.3M)
Non Current Liabilities Other1.7M1.9M4.7M3.0M6.3M3.3M
Net Working Capital(23.7M)226.3M348.6M267.6M313.3M208.4M
Short Term Debt33.2M28.5M65.9M10.7M12.4M22.8M
Intangible Assets50.8M51.8M229.0M221.5M220.6M144.3M

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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  0.76DT Dynatrace Holdings LLCPairCorr
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.
Pair CorrelationCorrelation Matching

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.