Privia Short Long Term Debt vs Good Will Analysis

PRVA Stock  USD 21.69  0.15  0.69%   
Privia Health financial indicator trend analysis is much more than just breaking down Privia Health Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Privia Health Group is a good investment. Please check the relationship between Privia Health Short Long Term Debt and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Privia Health 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 real.

Short Long Term Debt vs Good Will

Short Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Privia Health Group Short Long Term Debt account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Privia Health's Short Long Term Debt and Good Will is -0.74. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Privia Health Group, assuming nothing else is changed. The correlation between historical values of Privia Health's Short Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Privia Health Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Long Term Debt i.e., Privia Health's Short Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Privia Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Privia Health 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 Privia Health 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 real.
At present, Privia Health's Selling General Administrative is projected to increase significantly based on the last few years of reporting. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Tax Provision is forecasted to decline to (7.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.1M542K8.4M8.8M
Depreciation And Amortization2.5M4.6M6.5M3.3M

Privia Health fundamental ratios Correlations

0.91-0.280.96-0.830.860.950.890.97-0.930.890.950.50.91-0.930.890.66-0.9-0.940.880.9-0.64-0.940.880.960.91
0.91-0.340.91-0.820.740.91.00.92-0.810.980.930.420.97-0.860.950.65-0.87-0.920.930.95-0.52-0.870.930.890.99
-0.28-0.34-0.380.48-0.4-0.41-0.37-0.32-0.06-0.36-0.460.24-0.40.41-0.4-0.320.490.41-0.38-0.420.010.25-0.38-0.44-0.44
0.960.91-0.38-0.950.751.00.880.91-0.880.940.990.60.96-0.870.960.83-0.88-1.00.960.96-0.71-0.950.960.950.93
-0.83-0.820.48-0.95-0.6-0.96-0.78-0.780.72-0.91-0.95-0.62-0.930.73-0.95-0.940.80.96-0.95-0.940.640.83-0.95-0.87-0.86
0.860.74-0.40.75-0.60.770.750.93-0.730.650.760.230.7-0.810.640.35-0.74-0.730.620.72-0.27-0.740.620.910.79
0.950.9-0.411.0-0.960.770.870.91-0.860.940.990.590.96-0.860.960.84-0.88-1.00.960.96-0.67-0.930.960.960.93
0.891.0-0.370.88-0.780.750.870.92-0.780.950.920.340.95-0.870.920.59-0.88-0.890.90.93-0.45-0.840.90.870.98
0.970.92-0.320.91-0.780.930.910.92-0.880.870.920.420.89-0.90.860.57-0.86-0.90.840.9-0.48-0.890.840.970.94
-0.93-0.81-0.06-0.880.72-0.73-0.86-0.78-0.88-0.8-0.83-0.69-0.810.79-0.8-0.630.730.85-0.8-0.80.720.92-0.8-0.85-0.79
0.890.98-0.360.94-0.910.650.940.950.87-0.80.960.551.0-0.810.990.8-0.84-0.960.990.98-0.62-0.890.990.880.97
0.950.93-0.460.99-0.950.760.990.920.92-0.830.960.510.98-0.890.970.81-0.92-0.990.970.97-0.62-0.910.970.950.96
0.50.420.240.6-0.620.230.590.340.42-0.690.550.510.55-0.190.590.79-0.19-0.60.630.57-0.73-0.650.630.510.42
0.910.97-0.40.96-0.930.70.960.950.89-0.811.00.980.55-0.830.990.81-0.86-0.970.990.99-0.61-0.90.990.910.98
-0.93-0.860.41-0.870.73-0.81-0.86-0.87-0.90.79-0.81-0.89-0.19-0.83-0.8-0.480.980.86-0.78-0.790.540.84-0.78-0.85-0.86
0.890.95-0.40.96-0.950.640.960.920.86-0.80.990.970.590.99-0.80.86-0.84-0.981.00.99-0.66-0.91.00.890.95
0.660.65-0.320.83-0.940.350.840.590.57-0.630.80.810.790.81-0.480.86-0.56-0.850.880.83-0.72-0.740.880.710.69
-0.9-0.870.49-0.880.8-0.74-0.88-0.88-0.860.73-0.84-0.92-0.19-0.860.98-0.84-0.560.87-0.82-0.830.490.79-0.82-0.84-0.88
-0.94-0.920.41-1.00.96-0.73-1.0-0.89-0.90.85-0.96-0.99-0.6-0.970.86-0.98-0.850.87-0.98-0.970.710.94-0.98-0.94-0.93
0.880.93-0.380.96-0.950.620.960.90.84-0.80.990.970.630.99-0.781.00.88-0.82-0.980.98-0.69-0.91.00.880.94
0.90.95-0.420.96-0.940.720.960.930.9-0.80.980.970.570.99-0.790.990.83-0.83-0.970.98-0.58-0.890.980.930.97
-0.64-0.520.01-0.710.64-0.27-0.67-0.45-0.480.72-0.62-0.62-0.73-0.610.54-0.66-0.720.490.71-0.69-0.580.82-0.69-0.53-0.47
-0.94-0.870.25-0.950.83-0.74-0.93-0.84-0.890.92-0.89-0.91-0.65-0.90.84-0.9-0.740.790.94-0.9-0.890.82-0.9-0.9-0.86
0.880.93-0.380.96-0.950.620.960.90.84-0.80.990.970.630.99-0.781.00.88-0.82-0.981.00.98-0.69-0.90.880.94
0.960.89-0.440.95-0.870.910.960.870.97-0.850.880.950.510.91-0.850.890.71-0.84-0.940.880.93-0.53-0.90.880.93
0.910.99-0.440.93-0.860.790.930.980.94-0.790.970.960.420.98-0.860.950.69-0.88-0.930.940.97-0.47-0.860.940.93
Click cells to compare fundamentals

Privia Health Account Relationship Matchups

Privia Health fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab83.4M109.6M140.7M254.5M383.9M403.1M
Total Current Liabilities115.2M146.9M190.5M264.3M387.0M220.9M
Other Liab7.8M5.6M3M1M900K855K
Net Tangible Assets(15.1M)22.1M239.2M314.8M362.0M380.1M
Retained Earnings(51.1M)(19.9M)(208.1M)(216.7M)(193.6M)(203.3M)
Accounts Payable525K5.2M3.0M6.7M383.9M403.1M
Other Assets9.7M9.4M37.9M45.1M51.8M54.4M
Net Receivables77.3M99.1M117.4M189.6M290.8M155.0M
Total Current Assets129.6M190.1M446.7M552.0M700.8M391.3M
Property Plant Equipment5.6M4.8M14.1M3.4M3.9M6.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Privia Health Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Privia Health'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 Privia Health Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Privia Health Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Privia Health 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 real.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Providers & Services 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 Privia Health. If investors know Privia 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 Privia Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
0.11
Revenue Per Share
14.435
Quarterly Revenue Growth
0.049
Return On Assets
0.0077
The market value of Privia Health Group is measured differently than its book value, which is the value of Privia that is recorded on the company's balance sheet. Investors also form their own opinion of Privia Health's value that differs from its market value or its book value, called intrinsic value, which is Privia Health'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 Privia Health's market value can be influenced by many factors that don't directly affect Privia Health'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 Privia Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Privia Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Privia Health'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.