Performant Intangible Assets vs Net Debt Analysis

PHLT Stock

7.62 0.01 0.13%

Performant Healthcare, financial indicator trend analysis is much more than just breaking down Performant Healthcare, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performant Healthcare, is a good investment. Please check the relationship between Performant Healthcare, Intangible Assets and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performant Healthcare,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Performant Stock please use our How to Invest in Performant Healthcare, guide.

Intangible Assets vs Net Debt

Intangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Performant Healthcare, Intangible Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Performant Healthcare,'s Intangible Assets and Net Debt is 0.71. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Performant Healthcare,, assuming nothing else is changed. The correlation between historical values of Performant Healthcare,'s Intangible Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Performant Healthcare, are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Intangible Assets i.e., Performant Healthcare,'s Intangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Performant Healthcare,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performant Healthcare, 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 Performant Healthcare,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Performant Stock please use our How to Invest in Performant Healthcare, guide.Selling General Administrative is likely to drop to about 97 M in 2025. Tax Provision is likely to drop to about (368.6 K) in 2025

	2022	2023	2024	2025 (projected)
Interest Expense	1.0M	2.0M	1.1M	1.0M
Depreciation And Amortization	5.7M	6.7M	6.9M	7.5M

Interest Expense Depreciation And Amortization

Performant Healthcare, fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Capital Lease Obligations
Common Stock Shares Outstanding		-0.72	-0.78	-0.48	-0.53	0.37	-0.61	-0.63	-0.72	-0.71	-0.1	-0.41	-0.86	-0.13	-0.41	0.61	-0.86	-0.73	-0.48	0.94	-0.8	-0.39	-0.24	-0.66	0.96	-0.91
Total Assets	-0.72		0.84	0.78	0.56	0.02	0.66	0.48	0.43	0.85	0.25	0.91	0.91	0.42	0.91	-0.69	0.78	0.86	0.7	-0.73	0.92	0.88	0.04	0.8	-0.64	0.65
Short Long Term Debt Total	-0.78	0.84		0.41	0.48	-0.5	0.52	0.66	0.83	0.64	0.19	0.66	0.89	0.54	0.66	-0.47	0.73	0.95	0.34	-0.84	0.98	0.59	0.26	0.89	-0.77	0.75
Other Current Liab	-0.48	0.78	0.41		0.66	0.41	0.62	0.17	-0.04	0.82	0.15	0.78	0.6	0.15	0.78	-0.72	0.6	0.42	0.94	-0.41	0.57	0.81	-0.02	0.39	-0.36	0.45
Total Current Liabilities	-0.53	0.56	0.48	0.66		-0.07	0.63	0.18	0.2	0.58	-0.05	0.57	0.4	0.15	0.57	-0.29	0.31	0.26	0.61	-0.45	0.55	0.62	0.73	0.28	-0.5	0.56
Total Stockholder Equity	0.37	0.02	-0.5	0.41	-0.07		0.12	-0.58	-0.86	0.21	0.17	0.27	-0.25	-0.32	0.27	-0.14	-0.14	-0.38	0.4	0.5	-0.35	0.33	-0.43	-0.4	0.48	-0.33
Property Plant And Equipment Net	-0.61	0.66	0.52	0.62	0.63	0.12		-0.07	0.24	0.81	0.56	0.61	0.56	0.23	0.61	-0.37	0.58	0.42	0.57	-0.42	0.58	0.63	0.29	0.2	-0.51	0.71
Current Deferred Revenue	-0.63	0.48	0.66	0.17	0.18	-0.58	-0.07		0.72	0.25	-0.44	0.21	0.68	0.26	0.21	-0.55	0.57	0.69	0.2	-0.78	0.65	0.13	0.07	0.82	-0.63	0.46
Net Debt	-0.72	0.43	0.83	-0.04	0.2	-0.86	0.24	0.72		0.27	0.04	0.12	0.69	0.4	0.12	-0.25	0.59	0.76	-0.05	-0.81	0.73	0.04	0.29	0.71	-0.78	0.68
Retained Earnings	-0.71	0.85	0.64	0.82	0.58	0.21	0.81	0.25	0.27		0.37	0.76	0.78	0.22	0.76	-0.73	0.83	0.62	0.77	-0.6	0.74	0.73	0.06	0.48	-0.63	0.78
Accounts Payable	-0.1	0.25	0.19	0.15	-0.05	0.17	0.56	-0.44	0.04	0.37		0.28	0.18	0.41	0.28	0.08	0.24	0.22	-0.04	0.04	0.17	0.27	-0.21	-0.09	-0.1	0.21
Cash	-0.41	0.91	0.66	0.78	0.57	0.27	0.61	0.21	0.12	0.76	0.28		0.66	0.41	1.0	-0.5	0.49	0.66	0.66	-0.4	0.75	0.99	0.06	0.63	-0.33	0.42
Non Current Assets Total	-0.86	0.91	0.89	0.6	0.4	-0.25	0.56	0.68	0.69	0.78	0.18	0.66		0.37	0.66	-0.77	0.93	0.94	0.57	-0.91	0.94	0.6	-0.03	0.87	-0.81	0.76
Non Currrent Assets Other	-0.13	0.42	0.54	0.15	0.15	-0.32	0.23	0.26	0.4	0.22	0.41	0.41	0.37		0.41	-0.04	0.19	0.52	0.0	-0.2	0.5	0.37	0.04	0.42	-0.16	0.11
Cash And Short Term Investments	-0.41	0.91	0.66	0.78	0.57	0.27	0.61	0.21	0.12	0.76	0.28	1.0	0.66	0.41		-0.5	0.49	0.66	0.66	-0.4	0.75	0.99	0.06	0.63	-0.33	0.42
Net Receivables	0.61	-0.69	-0.47	-0.72	-0.29	-0.14	-0.37	-0.55	-0.25	-0.73	0.08	-0.5	-0.77	-0.04	-0.5		-0.83	-0.58	-0.79	0.66	-0.59	-0.45	0.25	-0.56	0.51	-0.5
Good Will	-0.86	0.78	0.73	0.6	0.31	-0.14	0.58	0.57	0.59	0.83	0.24	0.49	0.93	0.19	0.49	-0.83		0.79	0.59	-0.86	0.78	0.43	-0.13	0.66	-0.83	0.8
Non Current Liabilities Total	-0.73	0.86	0.95	0.42	0.26	-0.38	0.42	0.69	0.76	0.62	0.22	0.66	0.94	0.52	0.66	-0.58	0.79		0.35	-0.82	0.95	0.57	-0.05	0.94	-0.71	0.65
Other Current Assets	-0.48	0.7	0.34	0.94	0.61	0.4	0.57	0.2	-0.05	0.77	-0.04	0.66	0.57	0.0	0.66	-0.79	0.59	0.35		-0.42	0.5	0.7	-0.01	0.34	-0.35	0.43
Other Stockholder Equity	0.94	-0.73	-0.84	-0.41	-0.45	0.5	-0.42	-0.78	-0.81	-0.6	0.04	-0.4	-0.91	-0.2	-0.4	0.66	-0.86	-0.82	-0.42		-0.84	-0.35	-0.2	-0.8	0.94	-0.79
Total Liab	-0.8	0.92	0.98	0.57	0.55	-0.35	0.58	0.65	0.73	0.74	0.17	0.75	0.94	0.5	0.75	-0.59	0.78	0.95	0.5	-0.84		0.69	0.21	0.9	-0.76	0.76
Total Current Assets	-0.39	0.88	0.59	0.81	0.62	0.33	0.63	0.13	0.04	0.73	0.27	0.99	0.6	0.37	0.99	-0.45	0.43	0.57	0.7	-0.35	0.69		0.1	0.55	-0.3	0.37
Short Term Debt	-0.24	0.04	0.26	-0.02	0.73	-0.43	0.29	0.07	0.29	0.06	-0.21	0.06	-0.03	0.04	0.06	0.25	-0.13	-0.05	-0.01	-0.2	0.21	0.1		0.01	-0.3	0.36
Intangible Assets	-0.66	0.8	0.89	0.39	0.28	-0.4	0.2	0.82	0.71	0.48	-0.09	0.63	0.87	0.42	0.63	-0.56	0.66	0.94	0.34	-0.8	0.9	0.55	0.01		-0.64	0.53
Common Stock	0.96	-0.64	-0.77	-0.36	-0.5	0.48	-0.51	-0.63	-0.78	-0.63	-0.1	-0.33	-0.81	-0.16	-0.33	0.51	-0.83	-0.71	-0.35	0.94	-0.76	-0.3	-0.3	-0.64		-0.87
Capital Lease Obligations	-0.91	0.65	0.75	0.45	0.56	-0.33	0.71	0.46	0.68	0.78	0.21	0.42	0.76	0.11	0.42	-0.5	0.8	0.65	0.43	-0.79	0.76	0.37	0.36	0.53	-0.87

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Performant Healthcare, Account Relationship Matchups

Performant Healthcare, fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	54.4M	60.5M	72.9M	76.2M	77.5M	61.2M
Total Assets	126.2M	122.0M	118.8M	99.0M	101.8M	134.3M
Short Long Term Debt Total	65.7M	23.2M	21.5M	5.5M	8.8M	8.4M
Other Current Liab	13.7M	13.4M	10.3M	10.9M	12.4M	18.3M
Total Current Liabilities	77.2M	17.5M	14.2M	12.4M	14.0M	27.6M
Total Stockholder Equity	42.0M	82.4M	84.5M	80.7M	76.5M	77.7M
Property Plant And Equipment Net	22.5M	18.9M	13.0M	10.3M	14.8M	16.4M
Current Deferred Revenue	867K	634K	438K	493K	753K	777.5K
Net Debt	49.7M	5.9M	(1.9M)	(1.7M)	(447K)	(424.7K)
Retained Earnings	(41.0M)	(51.2M)	(57.8M)	(65.3M)	(75.2M)	(71.4M)
Accounts Payable	407K	1.1M	1.3M	727K	482K	927.3K
Cash	16.0M	17.3M	23.4M	7.3M	9.3M	8.8M
Non Current Assets Total	71.7M	67.3M	61.3M	59.2M	63.4M	82.8M
Non Currrent Assets Other	1.1M	963K	1M	1.6M	1.2M	1.2M
Cash And Short Term Investments	16.0M	17.3M	23.4M	7.3M	9.3M	8.8M
Net Receivables	32.4M	32.1M	30.4M	28.8M	25.1M	26.0M
Liabilities And Stockholders Equity	126.2M	122.0M	118.8M	99.0M	101.8M	134.3M
Non Current Liabilities Total	7.0M	22.1M	20.1M	5.9M	11.3M	10.7M
Other Current Assets	6.0M	5.3M	3.7M	3.7M	7.4M	8.4M
Other Stockholder Equity	82.9M	133.7M	142.3M	146.0M	151.7M	92.3M
Total Liab	84.2M	39.6M	34.3M	18.3M	25.3M	24.0M
Total Current Assets	54.5M	54.7M	57.5M	39.8M	38.4M	51.6M
Short Term Debt	62.3M	2.4M	2.2M	250K	383K	363.9K

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