Par Net Income From Continuing Ops vs Total Revenue Analysis

PAR Stock   288.35  4.15  1.42%   
Par Drugs financial indicator trend analysis is much more than just breaking down Par Drugs And prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Par Drugs And is a good investment. Please check the relationship between Par Drugs Net Income From Continuing Ops and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Par Drugs And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Par Drugs And Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Par Drugs' Net Income From Continuing Ops and Total Revenue is 0.93. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Par Drugs And, assuming nothing else is changed. The correlation between historical values of Par Drugs' Net Income From Continuing Ops and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Par Drugs And are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Par Drugs' Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Par Drugs And generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Par Drugs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Par Drugs And 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 Par Drugs And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 27, 2024, Selling General Administrative is expected to decline to about 11.4 M. In addition to that, Tax Provision is expected to decline to about 29.1 M
 2021 2022 2023 2024 (projected)
Total Revenue742.0M951.0M956.4M669.2M
Depreciation And Amortization32.8M32.3M34.4M33.2M

Par Drugs fundamental ratios Correlations

-0.650.72-0.530.95-0.31-0.880.890.320.9-0.32-0.560.440.90.730.49-0.8-0.230.180.52-0.710.98-0.740.93-0.260.82
-0.65-0.410.94-0.850.760.87-0.7-0.22-0.680.760.230.02-0.68-0.81-0.590.930.74-0.17-0.950.98-0.780.96-0.8-0.18-0.88
0.72-0.41-0.230.67-0.22-0.570.590.660.53-0.23-0.350.450.530.810.3-0.590.15-0.130.23-0.470.72-0.510.74-0.380.42
-0.530.94-0.23-0.740.790.83-0.7-0.05-0.650.790.270.2-0.65-0.7-0.660.890.78-0.25-0.920.96-0.630.93-0.69-0.07-0.87
0.95-0.850.67-0.74-0.49-0.940.890.290.87-0.5-0.470.280.870.830.6-0.92-0.430.190.73-0.890.98-0.890.97-0.140.92
-0.310.76-0.220.79-0.490.71-0.58-0.32-0.581.00.190.15-0.58-0.63-0.380.760.78-0.16-0.770.75-0.430.79-0.44-0.22-0.62
-0.880.87-0.570.83-0.940.71-0.96-0.31-0.950.710.53-0.18-0.95-0.81-0.60.970.58-0.21-0.780.92-0.910.95-0.90.12-0.95
0.89-0.70.59-0.70.89-0.58-0.960.290.98-0.59-0.610.20.980.730.61-0.89-0.420.230.61-0.80.87-0.840.86-0.330.89
0.32-0.220.66-0.050.29-0.32-0.310.290.25-0.32-0.030.240.250.660.18-0.350.0-0.310.16-0.230.35-0.330.42-0.290.14
0.9-0.680.53-0.650.87-0.58-0.950.980.25-0.59-0.640.291.00.660.48-0.85-0.450.240.6-0.760.88-0.80.81-0.190.87
-0.320.76-0.230.79-0.51.00.71-0.59-0.32-0.590.20.14-0.59-0.63-0.380.770.78-0.16-0.770.76-0.440.79-0.45-0.21-0.63
-0.560.23-0.350.27-0.470.190.53-0.61-0.03-0.640.2-0.69-0.64-0.290.090.44-0.090.150.00.34-0.480.36-0.490.31-0.59
0.440.020.450.20.280.15-0.180.20.240.290.14-0.690.290.17-0.51-0.10.38-0.32-0.260.010.39-0.020.310.00.2
0.9-0.680.53-0.650.87-0.58-0.950.980.251.0-0.59-0.640.290.660.48-0.85-0.450.240.6-0.760.88-0.80.81-0.190.87
0.73-0.810.81-0.70.83-0.63-0.810.730.660.66-0.63-0.290.170.660.58-0.88-0.38-0.010.7-0.840.81-0.880.88-0.210.73
0.49-0.590.3-0.660.6-0.38-0.60.610.180.48-0.380.09-0.510.480.58-0.64-0.430.40.65-0.670.52-0.660.63-0.450.57
-0.80.93-0.590.89-0.920.760.97-0.89-0.35-0.850.770.44-0.1-0.85-0.88-0.640.6-0.13-0.840.97-0.870.98-0.90.1-0.94
-0.230.740.150.78-0.430.780.58-0.420.0-0.450.78-0.090.38-0.45-0.38-0.430.6-0.38-0.890.67-0.350.69-0.3-0.46-0.57
0.18-0.17-0.13-0.250.19-0.16-0.210.23-0.310.24-0.160.15-0.320.24-0.010.4-0.13-0.380.31-0.180.2-0.170.110.020.15
0.52-0.950.23-0.920.73-0.77-0.780.610.160.6-0.770.0-0.260.60.70.65-0.84-0.890.31-0.90.65-0.90.650.260.77
-0.710.98-0.470.96-0.890.750.92-0.8-0.23-0.760.760.340.01-0.76-0.84-0.670.970.67-0.18-0.9-0.810.99-0.860.0-0.93
0.98-0.780.72-0.630.98-0.43-0.910.870.350.88-0.44-0.480.390.880.810.52-0.87-0.350.20.65-0.81-0.830.96-0.140.86
-0.740.96-0.510.93-0.890.790.95-0.84-0.33-0.80.790.36-0.02-0.8-0.88-0.660.980.69-0.17-0.90.99-0.83-0.860.03-0.92
0.93-0.80.74-0.690.97-0.44-0.90.860.420.81-0.45-0.490.310.810.880.63-0.9-0.30.110.65-0.860.96-0.86-0.310.88
-0.26-0.18-0.38-0.07-0.14-0.220.12-0.33-0.29-0.19-0.210.310.0-0.19-0.21-0.450.1-0.460.020.260.0-0.140.03-0.31-0.1
0.82-0.880.42-0.870.92-0.62-0.950.890.140.87-0.63-0.590.20.870.730.57-0.94-0.570.150.77-0.930.86-0.920.88-0.1
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Par Drugs Account Relationship Matchups

Par Drugs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets601.2M763.8M786.9M888.7M1.0B763.9M
Short Long Term Debt Total231.3M115.8M60.1M83.2M74.9M139.5M
Other Current Liab2.5M19.7M42.0M59.0M21.1M20.4M
Total Current Liabilities108.4M159.8M148.6M139.9M124.4M123.4M
Total Stockholder Equity406.1M522.1M598.8M712.4M856.3M483.9M
Property Plant And Equipment Net351.4M343.7M343.5M386.9M413.3M305.2M
Net Debt(13.7M)(128.4M)(162.1M)(222.4M)(366.5M)(348.2M)
Retained Earnings175.3M291.3M368.0M481.6M625.5M656.8M
Accounts Payable62.0M67.2M106.6M80.9M53.6M75.1M
Cash73.8M211.6M162.1M222.4M366.5M384.9M
Non Current Assets Total359.0M352.0M351.3M394.3M419.9M311.6M
Non Currrent Assets Other7.1M8.2M7.6M7.3M6.4M6.3M
Other Assets7.1M7.6M7.6M7.3M8.4M5.1M
Cash And Short Term Investments73.8M211.6M162.1M222.4M366.5M384.9M
Net Receivables139.2M126.2M217.4M218.2M138.1M145.9M
Liabilities And Stockholders Equity601.2M763.8M786.9M888.7M1.0B763.9M
Non Current Liabilities Total86.6M81.9M39.6M36.4M35.4M33.6M
Inventory29.2M30.0M47.1M53.8M44.2M34.4M
Other Current Assets(1.0)35.1M9.1M(1K)47.4M23.8M
Other Stockholder Equity99.7M168.2M168.2M106.7M122.7M92.7M
Total Liab195.0M241.7M188.1M176.3M159.8M203.6M
Total Current Assets242.2M411.9M435.6M494.4M596.2M335.4M
Short Term Debt13.9M39.3M90K623K(51K)(48.5K)
Current Deferred Revenue30.0M46.5M90K623K51K48.5K
Other Liab37.5M40.4M38.0M39.5M45.5M41.5M
Net Tangible Assets290.3M406.1M522.1M598.8M688.6M433.3M
Net Invested Capital466.3M598.5M598.8M712.4M856.3M631.7M
Net Working Capital133.7M252.1M287.1M354.5M471.8M495.4M
Property Plant Equipment363.4M351.4M344.3M343.5M309.2M286.9M

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Other Information on Investing in Par Stock

Balance Sheet is a snapshot of the financial position of Par Drugs And at a specified time, usually calculated after every quarter, six months, or one year. Par Drugs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Par Drugs and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Par currently owns. An asset can also be divided into two categories, current and non-current.