Pure Ebitda vs Total Other Income Expense Net Analysis
PSTG Stock | USD 49.72 1.23 2.41% |
Pure Storage financial indicator trend analysis is much more than just breaking down Pure Storage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pure Storage is a good investment. Please check the relationship between Pure Storage Ebitda and its Total Other Income Expense Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
Ebitda vs Total Other Income Expense Net
Ebitda vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pure Storage Ebitda account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pure Storage's Ebitda and Total Other Income Expense Net is 0.33. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Pure Storage, assuming nothing else is changed. The correlation between historical values of Pure Storage's Ebitda and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Pure Storage are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Ebitda i.e., Pure Storage's Ebitda and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebitda
Total Other Income Expense Net
Most indicators from Pure Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pure Storage 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 Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.At this time, Pure Storage's Tax Provision is most likely to increase significantly in the upcoming years. The Pure Storage's current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Selling General Administrative is projected to decrease to roughly 145.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 1.9B | 2.0B | 1.0B | Total Revenue | 2.2B | 2.8B | 2.8B | 1.5B |
Pure Storage fundamental ratios Correlations
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Pure Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pure Storage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 2.8B | 3.1B | 3.5B | 3.7B | 2.1B | |
Other Current Liab | 153.8M | 222.6M | 283.9M | 358.3M | 358.3M | 376.2M | |
Total Current Liabilities | 614.7M | 760.7M | 952.3M | 1.8B | 1.4B | 689.8M | |
Total Stockholder Equity | 830.1M | 750.0M | 754.3M | 941.2M | 1.3B | 640.7M | |
Other Liab | 349.4M | 432.6M | 548.4M | 709.9M | 816.4M | 857.2M | |
Property Plant And Equipment Net | 235.6M | 297.7M | 307.0M | 431.4M | 482.5M | 506.7M | |
Current Deferred Revenue | 356.0M | 438.3M | 562.6M | 718.1M | 875.8M | 919.6M | |
Net Debt | 234.6M | 571.3M | 449.2M | 169.8M | (430.3M) | (408.8M) | |
Retained Earnings | (1.3B) | (1.6B) | (1.7B) | (1.5B) | (1.5B) | (1.5B) | |
Accounts Payable | 77.7M | 67.5M | 70.7M | 67.1M | 82.8M | 66.3M | |
Cash | 362.6M | 337.1M | 466.2M | 580.9M | 702.5M | 425.3M | |
Non Current Assets Total | 473.8M | 911.3M | 943.1M | 1.1B | 1.2B | 1.3B | |
Non Currrent Assets Other | 142.4M | 178.2M | 214.7M | 226.6M | 326.8M | 343.2M | |
Other Assets | 142.4M | 178.2M | 214.7M | 226.6M | 260.6M | 273.6M | |
Cash And Short Term Investments | 1.3B | 1.3B | 1.4B | 1.6B | 1.5B | 1.0B | |
Net Receivables | 458.6M | 460.9M | 542.1M | 612.5M | 662.2M | 372.7M | |
Common Stock Total Equity | 26K | 28K | 29K | 30K | 34.5K | 22.6K | |
Common Stock Shares Outstanding | 252.8M | 267.8M | 285.9M | 339.2M | 332.6M | 251.0M | |
Liabilities And Stockholders Equity | 2.4B | 2.8B | 3.1B | 3.5B | 3.7B | 2.1B | |
Non Current Liabilities Total | 919.3M | 1.3B | 1.4B | 852.4M | 1.0B | 758.4M | |
Inventory | 38.5M | 46.7M | 38.9M | 52.1M | 42.7M | 37.2M | |
Other Current Assets | 94.1M | 147.0M | 197.8M | 161.4M | 173.4M | 103.3M | |
Other Stockholder Equity | 2.1B | 2.3B | 2.5B | 2.5B | 2.7B | 1.5B | |
Total Liab | 1.5B | 2.1B | 2.4B | 2.6B | 2.4B | 1.4B | |
Property Plant And Equipment Gross | 235.6M | 297.7M | 307.0M | 431.4M | 962.8M | 1.0B | |
Total Current Assets | 1.9B | 1.9B | 2.2B | 2.5B | 2.4B | 1.6B | |
Accumulated Other Comprehensive Income | 5.4M | 7.4M | (8.4M) | (15.5M) | (3.8M) | (4.0M) | |
Short Term Debt | 27.3M | 32.2M | 35.1M | 608.2M | 48.9M | 46.4M | |
Common Stock | 2.1B | 2.3B | 2.5B | 2.5B | 32K | 30.4K | |
Property Plant Equipment | 235.6M | 297.7M | 307.0M | 431.4M | 496.1M | 520.9M | |
Net Tangible Assets | 734.3M | 314.6M | 333.0M | 530.6M | 610.2M | 477.7M | |
Short Term Investments | 936.5M | 916.4M | 947.1M | 1.0B | 828.6M | 710.4M | |
Deferred Long Term Liab | 102.1M | 130.7M | 164.7M | 177.2M | 203.8M | 214.0M | |
Intangible Assets | 58.3M | 76.6M | 62.6M | 49.2M | 33.0M | 35.9M | |
Long Term Debt | 477.0M | 755.8M | 786.8M | 100M | 115M | 109.3M | |
Good Will | 11.0M | 37.6M | 358.7M | 361.4M | 415.6M | 436.4M | |
Capital Surpluse | 2.1B | 2.3B | 2.5B | 2.5B | 2.9B | 2.1B | |
Non Current Liabilities Other | 8.1M | 27.2M | 31.1M | 42.4M | 54.5M | 57.2M | |
Net Invested Capital | 1.3B | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B |
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When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Technology Hardware, Storage & Peripherals 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 Pure Storage. If investors know Pure 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 Pure Storage 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 (0.14) | Earnings Share 0.43 | Revenue Per Share 9.4 | Quarterly Revenue Growth 0.109 | Return On Assets 0.0267 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.