Porch Property Plant Equipment vs Net Working Capital Analysis
PRCH Stock | USD 2.98 0.13 4.18% |
Porch financial indicator trend analysis is much more than just breaking down Porch Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Porch Group is a good investment. Please check the relationship between Porch Property Plant Equipment and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Porch Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Property Plant Equipment vs Net Working Capital
Property Plant Equipment vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Porch Group Property Plant Equipment account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between Porch's Property Plant Equipment and Net Working Capital is 0.38. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Porch Group, assuming nothing else is changed. The correlation between historical values of Porch's Property Plant Equipment and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Porch Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant Equipment i.e., Porch's Property Plant Equipment and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Net Working Capital
Most indicators from Porch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Porch Group 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 Porch Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of now, Porch's Tax Provision is decreasing as compared to previous years. The Porch's current Sales General And Administrative To Revenue is estimated to increase to 0.47, while Selling General Administrative is projected to decrease to under 84.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 137.1M | 168.4M | 210.1M | 138.0M | Total Revenue | 192.4M | 275.9M | 430.3M | 230.9M |
Porch fundamental ratios Correlations
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Porch Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Porch fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 25.7M | 12.6M | 154.9M | 222.2M | 204.5M | 115.8M | |
Total Current Liabilities | 57.5M | 31.2M | 361.4M | 515.6M | 462.2M | 275.6M | |
Other Liab | 10.3M | 86.1M | 41.3M | 26.2M | 30.2M | 36.5M | |
Net Tangible Assets | (88.1M) | 63.1M | (140.9M) | (273.6M) | (246.2M) | (233.9M) | |
Retained Earnings | (263.5M) | (315.1M) | (426.6M) | (585.0M) | (722.1M) | (686.0M) | |
Accounts Payable | 4.8M | 9.2M | 7.0M | 6.3M | 8.8M | 7.0M | |
Other Assets | 3.5M | 3.7M | 10.4M | 15.9M | 18.3M | 19.2M | |
Net Receivables | 4.7M | 4.3M | 257.2M | 325.5M | 107.9M | 128.7M | |
Total Current Assets | 10.2M | 216.0M | 599.2M | 610.6M | 481.1M | 353.3M | |
Property Plant Equipment | 6.7M | 4.6M | 11.2M | 12.2M | 14.1M | 9.1M |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Porch Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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.