PRA Short Term Coverage Ratios from 2010 to 2024

PRAA Stock  USD 21.72  0.84  4.02%   
PRA's Short Term Coverage Ratios is decreasing over the years with slightly volatile fluctuation. Short Term Coverage Ratios is expected to dwindle to 0.02. From 2010 to 2024 PRA Short Term Coverage Ratios quarterly data regression line had arithmetic mean of  1.78 and r-squared of  0.17. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
0.0234
Current Value
0.0222
Quarterly Volatility
3.38423358
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PRA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PRA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.7 M, Interest Expense of 78.5 M or Total Revenue of 589 M, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0305 or PTB Ratio of 0.84. PRA financial statements analysis is a perfect complement when working with PRA Valuation or Volatility modules.
  
Check out the analysis of PRA Correlation against competitors.

Latest PRA's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of PRA Group over the last few years. It is PRA's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PRA's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

PRA Short Term Coverage Ratios Regression Statistics

Arithmetic Mean1.78
Geometric Mean0.26
Coefficient Of Variation190.51
Mean Deviation2.44
Median0.16
Standard Deviation3.38
Sample Variance11.45
Range9.6498
R-Value(0.42)
Mean Square Error10.18
R-Squared0.17
Significance0.12
Slope(0.32)
Total Sum of Squares160.34

PRA Short Term Coverage Ratios History

2024 0.0222
2023 0.0234
2022 0.0204
2021 0.0727
2020 0.0898
2019 0.0745
2018 0.0697

About PRA Financial Statements

PRA stakeholders use historical fundamental indicators, such as PRA's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although PRA investors may analyze each financial statement separately, they are all interrelated. For example, changes in PRA's assets and liabilities are reflected in the revenues and expenses on PRA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PRA Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 0.02  0.02 

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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 PRA Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PRA'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 Pra Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pra Group Stock:
Check out the analysis of PRA Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Consumer Finance 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 PRA. If investors know PRA 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 PRA 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
(0.48)
Earnings Share
1.1
Revenue Per Share
26.515
Quarterly Revenue Growth
0.301
Return On Assets
0.0393
The market value of PRA Group is measured differently than its book value, which is the value of PRA that is recorded on the company's balance sheet. Investors also form their own opinion of PRA's value that differs from its market value or its book value, called intrinsic value, which is PRA'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 PRA's market value can be influenced by many factors that don't directly affect PRA'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 PRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PRA'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.