Praxis Net Tangible Assets vs Net Receivables Analysis

PRAXIS Stock   10.89  0.13  1.18%   
Praxis Home financial indicator trend analysis is much more than just breaking down Praxis Home Retail prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Praxis Home Retail is a good investment. Please check the relationship between Praxis Home Net Tangible Assets and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praxis Home Retail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Praxis Home Retail Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Praxis Home's Net Tangible Assets and Net Receivables is 0.41. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Praxis Home Retail, assuming nothing else is changed. The correlation between historical values of Praxis Home's Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Praxis Home Retail are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Praxis Home's Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

Most indicators from Praxis Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Praxis Home Retail 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 Praxis Home Retail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Issuance Of Capital Stock is expected to grow to about 279.4 M, whereas Selling General Administrative is forecasted to decline to about 162.1 M.

Praxis Home fundamental ratios Correlations

0.910.980.090.780.720.20.280.810.470.990.940.5-0.670.830.20.680.77-0.690.80.10.840.920.690.590.78
0.910.880.070.720.780.180.290.760.390.90.850.43-0.590.760.170.620.7-0.560.75-0.030.750.840.590.550.79
0.980.880.00.730.760.240.330.730.420.980.960.57-0.730.770.120.680.76-0.780.720.280.90.850.670.530.71
0.090.070.0-0.420.35-0.51-0.56-0.250.33-0.070.17-0.570.49-0.330.91-0.56-0.480.11-0.30.00.25-0.060.470.760.45
0.780.720.73-0.420.290.490.510.960.210.840.620.69-0.740.97-0.260.930.98-0.470.97-0.250.410.880.250.080.42
0.720.780.760.350.290.07-0.050.30.230.660.810.16-0.270.330.40.270.33-0.480.270.430.850.520.710.690.78
0.20.180.24-0.510.490.070.440.27-0.650.250.20.74-0.170.32-0.160.730.57-0.450.310.020.140.26-0.13-0.11-0.21
0.280.290.33-0.560.51-0.050.440.42-0.060.380.270.71-0.610.51-0.360.620.59-0.50.48-0.050.120.25-0.26-0.32-0.16
0.810.760.73-0.250.960.30.270.420.370.860.610.49-0.680.98-0.160.790.9-0.360.99-0.370.390.920.360.20.56
0.470.390.420.330.210.23-0.65-0.060.370.440.46-0.09-0.50.350.12-0.030.15-0.170.360.010.360.350.30.250.45
0.990.90.98-0.070.840.660.250.380.860.440.910.57-0.760.890.040.750.84-0.70.850.10.80.920.610.460.71
0.940.850.960.170.620.810.20.270.610.460.910.54-0.640.660.30.60.66-0.80.610.320.920.730.60.590.67
0.50.430.57-0.570.690.160.740.710.49-0.090.570.54-0.730.58-0.250.880.78-0.780.570.140.420.44-0.11-0.12-0.1
-0.67-0.59-0.730.49-0.74-0.27-0.17-0.61-0.68-0.5-0.76-0.64-0.73-0.750.42-0.73-0.780.66-0.73-0.16-0.52-0.61-0.120.1-0.23
0.830.760.77-0.330.970.330.320.510.980.350.890.660.58-0.75-0.220.850.93-0.460.98-0.260.430.890.310.140.51
0.20.170.120.91-0.260.4-0.16-0.36-0.160.120.040.3-0.250.42-0.22-0.3-0.28-0.13-0.19-0.020.370.050.460.830.41
0.680.620.68-0.560.930.270.730.620.79-0.030.750.60.88-0.730.85-0.30.97-0.610.83-0.080.410.730.09-0.030.2
0.770.70.76-0.480.980.330.570.590.90.150.840.660.78-0.780.93-0.280.97-0.560.92-0.110.460.830.20.040.35
-0.69-0.56-0.780.11-0.47-0.48-0.45-0.5-0.36-0.17-0.7-0.8-0.780.66-0.46-0.13-0.61-0.56-0.42-0.48-0.81-0.49-0.34-0.34-0.22
0.80.750.72-0.30.970.270.310.480.990.360.850.610.57-0.730.98-0.190.830.92-0.42-0.360.390.910.30.150.5
0.1-0.030.280.0-0.250.430.02-0.05-0.370.010.10.320.14-0.16-0.26-0.02-0.08-0.11-0.48-0.360.52-0.160.250.09-0.01
0.840.750.90.250.410.850.140.120.390.360.80.920.42-0.520.430.370.410.46-0.810.390.520.650.760.70.68
0.920.840.85-0.060.880.520.260.250.920.350.920.730.44-0.610.890.050.730.83-0.490.91-0.160.650.660.480.75
0.690.590.670.470.250.71-0.13-0.260.360.30.610.6-0.11-0.120.310.460.090.2-0.340.30.250.760.660.860.89
0.590.550.530.760.080.69-0.11-0.320.20.250.460.59-0.120.10.140.83-0.030.04-0.340.150.090.70.480.860.79
0.780.790.710.450.420.78-0.21-0.160.560.450.710.67-0.1-0.230.510.410.20.35-0.220.5-0.010.680.750.890.79
Click cells to compare fundamentals

Praxis Home Account Relationship Matchups

Praxis Home fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B4.1B3.1B3.2B3.1B2.4B
Other Current Liab279.8M282.6M304.4M307.4M259.0M218.5M
Total Current Liabilities3.3B3.2B2.5B2.8B2.6B1.9B
Total Stockholder Equity(640.4M)7.7M(179.5M)(431.8M)(614.9M)(584.1M)
Net Debt2.5B2.0B1.6B1.8B2.5B2.6B
Cash48.2M64.9M17.9M19.6M17.2M33.0M
Cash And Short Term Investments48.6M65.3M17.9M19.6M1.1B1.1B
Common Stock Shares Outstanding64.2M64.3M97.6M113.6M130.0M69.6M
Liabilities And Stockholders Equity4.0B4.1B3.1B3.2B3.1B2.4B
Non Current Liabilities Total1.3B921.7M805.3M835.7M1.1B739.4M
Other Stockholder Equity721.3M1.8B1.8B1.2B(1.3B)(1.2B)
Total Liab4.6B4.1B3.3B3.6B3.7B2.5B
Total Current Assets1.5B3.0B1.9B1.9B1.7B1.4B
Common Stock151.9M376.5M378.4M626.1M676.1M709.9M
Retained Earnings(2.3B)(2.2B)(2.4B)(3.2B)(1.3B)(1.4B)
Short Long Term Debt Total2.5B2.1B1.6B1.9B2.5B1.4B
Net Tangible Assets370.5M(642.9M)6.0M(181.2M)(163.1M)(155.0M)
Short Long Term Debt698.4M742.1M478.8M742.3M1.2B1.2B
Short Term Debt1.3B1.2B788.3M1.0B1.4B1.5B
Long Term Debt Total1.2B884.6M785.6M818.7M1.1B780.1M
Other Liab54.2M47.5M37.1M19.7M17.7M31.2M
Property Plant And Equipment Net1.4B1.1B1.2B1.2B1.4B1.1B
Current Deferred Revenue263.1M229.6M161.3M104.7M94.2M120.3M
Accounts Payable1.5B1.5B1.4B1.4B941.7M1.2B
Non Current Assets Total2.5B1.1B1.2B1.3B1.4B1.7B
Non Currrent Assets Other1.0B45.4M90.3M114.4M45.4M43.1M
Other Assets1K45.4M5.3M16.8M1.3M1.2M
Net Receivables122.3M60.9M14.4M40.5M1.2M1.2M
Inventory916.4M1.5B663.4M584.3M375.2M356.5M
Other Current Assets425.0M1.4B1.2B1.3B259.5M246.6M
Cash And Equivalents48.2M64.9M17.9M19.6M17.2M16.4M
Intangible Assets2.6M1.6M1.7M2.6M2.5M3.0M
Property Plant Equipment1.4B1.1B1.2B1.2B1.4B1.1B
Net Invested Capital222.4M832.1M354.3M310.5M563.5M498.8M
Accumulated Other Comprehensive Income801.3M808.2M807.9M960.1M(1.3B)(1.2B)
Net Working Capital(1.8B)(176.6M)(623.0M)(1.0B)(931.1M)(977.7M)
Capital Surpluse580.8M991.5M1.0B1.2B1.4B753.5M

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Other Information on Investing in Praxis Stock

Balance Sheet is a snapshot of the financial position of Praxis Home Retail at a specified time, usually calculated after every quarter, six months, or one year. Praxis Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Praxis Home and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Praxis currently owns. An asset can also be divided into two categories, current and non-current.