PTC Non Operating Income Net Other vs Net Income Analysis
PTC Stock | USD 192.92 1.17 0.60% |
PTC financial indicator trend analysis is much more than just breaking down PTC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC Inc is a good investment. Please check the relationship between PTC Non Operating Income Net Other and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Inc. 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.
Non Operating Income Net Other vs Net Income
Non Operating Income Net Other vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC Inc Non Operating Income Net Other account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between PTC's Non Operating Income Net Other and Net Income is 0.62. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net Income in the same time period over historical financial statements of PTC Inc, assuming nothing else is changed. The correlation between historical values of PTC's Non Operating Income Net Other and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of PTC Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Non Operating Income Net Other i.e., PTC's Non Operating Income Net Other and Net Income go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Operating Income Net Other
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in PTC Inc financial statement analysis. It represents the amount of money remaining after all of PTC Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from PTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC Inc 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 PTC Inc. 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. At present, PTC's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 41.25, whereas Selling General Administrative is forecasted to decline to about 155.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 1.7B | 1.9B | 1.9B | Total Revenue | 1.9B | 2.1B | 2.3B | 2.4B |
PTC fundamental ratios Correlations
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PTC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PTC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 4.5B | 4.7B | 6.3B | 6.4B | 6.7B | |
Short Long Term Debt Total | 1.2B | 1.6B | 1.6B | 1.9B | 1.7B | 1.8B | |
Other Current Liab | 204.4M | 235.9M | 226.3M | (52.9M) | (60.8M) | (57.7M) | |
Total Current Liabilities | 680.8M | 779.3M | 792.3M | 681.6M | 783.8M | 440.3M | |
Total Stockholder Equity | 1.4B | 2.0B | 2.3B | 2.7B | 3.2B | 3.4B | |
Property Plant And Equipment Net | 251.4M | 252.6M | 235.9M | 231.4M | 208.5M | 218.9M | |
Net Debt | 944.9M | 1.3B | 1.3B | 1.6B | 1.5B | 1.6B | |
Retained Earnings | (62.3M) | 414.7M | 727.7M | 973.3M | 1.1B | 1.2B | |
Cash | 275.5M | 326.5M | 272.2M | 288.1M | 265.8M | 238.7M | |
Non Current Assets Total | 2.5B | 3.6B | 3.8B | 5.2B | 5.3B | 5.5B | |
Non Currrent Assets Other | 212.6M | 826.0M | 545.0M | 658.2M | 687.9M | 722.3M | |
Cash And Short Term Investments | 303.6M | 326.5M | 272.2M | 288.1M | 265.8M | 249.4M | |
Net Receivables | 415.2M | 541.1M | 636.6M | 811.4M | 862.0M | 905.1M | |
Common Stock Shares Outstanding | 116.3M | 118.4M | 118.2M | 119.3M | 3.1K | 3.0K | |
Liabilities And Stockholders Equity | 3.4B | 4.5B | 4.7B | 6.3B | 6.4B | 6.7B | |
Non Current Liabilities Total | 1.3B | 2.5B | 2.4B | 2.9B | 3.2B | 3.3B | |
Other Current Assets | 45.2M | 135.4M | 71.1M | 177.9M | 204.5M | 111.4M | |
Other Stockholder Equity | 1.6B | 1.7B | 1.7B | 1.8B | 3.2B | 3.4B | |
Total Liab | 1.9B | 2.5B | 2.4B | 3.6B | 3.2B | 3.3B | |
Property Plant And Equipment Gross | 251.4M | 252.6M | 235.9M | 231.4M | 266.1M | 279.4M | |
Total Current Assets | 833.4M | 867.6M | 908.7M | 1.1B | 1.1B | 585.6M | |
Accumulated Other Comprehensive Income | (103.4M) | (95.9M) | (153.5M) | (118.1M) | (106.3M) | (101.0M) | |
Accounts Payable | 24.9M | 33.4M | 40.2M | 43.5M | 50.0M | 27.4M | |
Current Deferred Revenue | 416.8M | 482.1M | 503.8M | 681.6M | 783.8M | 823.0M | |
Good Will | 1.6B | 2.2B | 2.4B | 3.4B | 3.9B | 4.1B | |
Common Stock Total Equity | 1.1M | 1.2M | 1.2M | 1.2M | 1.1M | 1.3M | |
Intangible Assets | 237.6M | 379.0M | 382.7M | 941.2M | 1.1B | 1.1B | |
Common Stock | 1.2M | 1.2M | 1.2M | 1.2M | 1.1M | 1.3M | |
Other Liab | 78.0M | 830.3M | 851.0M | 85.5M | 98.3M | 164.8M | |
Other Assets | 394.6M | 995.2M | 794.4M | 478.3M | 550.0M | 577.5M | |
Property Plant Equipment | 101.5M | 252.6M | 235.9M | 231.4M | 266.1M | 279.4M | |
Inventory | 69.4M | (135.4M) | (71.1M) | (177.9M) | (160.1M) | (152.1M) | |
Long Term Debt | 1.0B | 1.4B | 1.4B | 1.7B | 2.0B | 2.0B | |
Net Tangible Assets | (425.1M) | (532.4M) | (440.3M) | (1.6B) | (1.5B) | (1.4B) | |
Retained Earnings Total Equity | (191.4M) | (62.3M) | 414.7M | 727.7M | 836.9M | 878.7M | |
Capital Surpluse | 1.5B | 1.6B | 1.7B | 1.7B | 1.5B | 1.3B | |
Deferred Long Term Liab | 12.4M | 4.2M | 79.7M | 86.2M | 99.1M | 104.1M | |
Non Current Liabilities Other | 246.0M | 332.7M | 330.7M | 421.0M | 484.1M | 508.3M |
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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 PTC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PTC'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 Ptc Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ptc Inc Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Inc. 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. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 PTC. If investors know PTC 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 PTC 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 1.728 | Earnings Share 3.12 | Revenue Per Share 19.205 | Quarterly Revenue Growth 0.146 | Return On Assets 0.0582 |
The market value of PTC Inc is measured differently than its book value, which is the value of PTC that is recorded on the company's balance sheet. Investors also form their own opinion of PTC's value that differs from its market value or its book value, called intrinsic value, which is PTC'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 PTC's market value can be influenced by many factors that don't directly affect PTC'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 PTC's value and its price as these two are different measures arrived at by different means. Investors typically determine if PTC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTC'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.