Paycor Intangible Assets vs Total Liab Analysis
PYCR Stock | USD 19.06 0.65 3.30% |
Paycor HCM financial indicator trend analysis is much more than just breaking down Paycor HCM prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paycor HCM is a good investment. Please check the relationship between Paycor HCM Intangible Assets and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycor HCM. 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. To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.
Intangible Assets vs Total Liab
Intangible Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paycor HCM Intangible Assets account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Paycor HCM's Intangible Assets and Total Liab is -0.78. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Paycor HCM, assuming nothing else is changed. The correlation between historical values of Paycor HCM's Intangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Paycor HCM are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Intangible Assets i.e., Paycor HCM's Intangible Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Paycor HCM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paycor HCM 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 Paycor HCM. 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. To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.At this time, Paycor HCM's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/23/2024, Enterprise Value Over EBITDA is likely to grow to 25.38, while Tax Provision is likely to drop (811.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 541K | 4.6M | 4.7M | 3.0M | Depreciation And Amortization | 161.9M | 177.6M | 141.1M | 135.2M |
Paycor HCM fundamental ratios Correlations
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Paycor HCM Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paycor HCM fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.0B | 3.1B | 2.5B | 2.6B | 2.6B | |
Short Long Term Debt Total | 24.4M | 49.1M | 912K | 16.1M | 20.4M | 17.7M | |
Other Current Liab | 651.5M | 718.0M | 1.8B | 1.1B | 1.2B | 1.1B | |
Total Current Liabilities | 679.6M | 742.0M | 1.8B | 1.2B | 1.2B | 1.2B | |
Total Stockholder Equity | 953.3M | 878.6M | 1.3B | 1.3B | 1.3B | 1.2B | |
Other Liab | 122.9M | 92.8M | 43.4M | 87.8M | 79.0M | 78.3M | |
Net Tangible Assets | (266.1M) | (521.6M) | 231.5M | 191.5M | 220.2M | 231.2M | |
Property Plant And Equipment Net | 44.0M | 41.1M | 31.7M | 51.4M | 49.6M | 47.0M | |
Current Deferred Revenue | 10.2M | 11.9M | 11.7M | 13.1M | 13.6M | 12.0M | |
Net Debt | 23.6M | 46.5M | (132.1M) | (79.2M) | (104.5M) | (99.3M) | |
Retained Earnings | (178.8M) | (275.8M) | (395.4M) | (489.5M) | (548.4M) | (521.0M) | |
Accounts Payable | 12.0M | 12.0M | 13.9M | 28.4M | 27.3M | 19.4M | |
Cash | 828K | 2.6M | 133.0M | 95.2M | 118.0M | 65.9M | |
Non Current Assets Total | 1.3B | 1.3B | 1.2B | 1.3B | 1.2B | 1.0B | |
Non Currrent Assets Other | 84.6M | 110.4M | 95.0M | 164.9M | 192.4M | 129.8M | |
Other Assets | 84.6M | 110.4M | 126.9M | 164.9M | 189.6M | 120.5M | |
Cash And Short Term Investments | 828K | 2.6M | 133.0M | 95.2M | 118.0M | 65.9M | |
Net Receivables | 10.0M | 16.5M | 21.5M | 30.8M | 48.2M | 24.7M | |
Good Will | 733.8M | 750.8M | 750.2M | 767.7M | 766.7M | 825.5M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 3.1B | 2.5B | 2.6B | 2.6B | |
Non Current Liabilities Total | 141.5M | 141.9M | 43.4M | 104.2M | 98.8M | 92.5M | |
Inventory | 645.1M | 701.4M | 1.8B | 1.1B | 1.3B | 1.1B | |
Other Current Assets | 3.8M | 702.9M | 1.8B | 1.1B | 1.2B | 878.2M | |
Other Stockholder Equity | 1.1B | 888.3M | 1.7B | 1.8B | 1.8B | 1.5B | |
Total Liab | 821.1M | 883.9M | 1.8B | 1.3B | 1.3B | 1.3B | |
Deferred Long Term Liab | 57.9M | 90.9M | 125.7M | 162.7M | 187.1M | 101.7M | |
Net Invested Capital | 977.8M | 665.0M | 1.3B | 1.3B | 1.3B | 1.2B | |
Property Plant And Equipment Gross | 44.0M | 41.1M | 31.7M | 51.4M | 76.2M | 51.9M | |
Total Current Assets | 659.7M | 722.0M | 1.9B | 1.2B | 1.4B | 1.2B | |
Accumulated Other Comprehensive Income | 2.8M | 3.2M | (1.8M) | (3.1M) | (1.4M) | (1.3M) | |
Capital Stock | 152K | 262.9M | 175K | 177K | 178K | 169.1K | |
Non Current Liabilities Other | 18.2M | 16.7M | 11.5M | 70.0M | 69.3M | 35.7M | |
Net Working Capital | (19.9M) | (19.9M) | 116.3M | 79.4M | 138.2M | 145.1M | |
Short Term Debt | 5.9M | 48.1M | 283K | 68.0M | 5.2M | 4.9M | |
Intangible Assets | 485.6M | 386.6M | 303.1M | 314.5M | 238.9M | 309.2M | |
Property Plant Equipment | 44.0M | 41.1M | 31.7M | 34.6M | 31.1M | 30.4M |
Pair Trading with Paycor HCM
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paycor HCM position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paycor HCM will appreciate offsetting losses from the drop in the long position's value.Moving together with Paycor Stock
Moving against Paycor Stock
0.91 | ESGL | ESGL Holdings Limited | PairCorr |
0.82 | MG | Mistras Group | PairCorr |
0.82 | VCIG | VCI Global Limited | PairCorr |
0.8 | EXPO | Exponent | PairCorr |
0.78 | FC | Franklin Covey | PairCorr |
The ability to find closely correlated positions to Paycor HCM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paycor HCM when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paycor HCM - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paycor HCM to buy it.
The correlation of Paycor HCM is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paycor HCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paycor HCM moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Paycor HCM can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Paycor Stock Analysis
When running Paycor HCM's price analysis, check to measure Paycor HCM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paycor HCM is operating at the current time. Most of Paycor HCM's value examination focuses on studying past and present price action to predict the probability of Paycor HCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycor HCM's price. Additionally, you may evaluate how the addition of Paycor HCM to your portfolios can decrease your overall portfolio volatility.