Patrick Net Debt vs Current Deferred Revenue Analysis

PATK Stock

USD 135.45 2.19 1.64%

Patrick Industries financial indicator trend analysis is much more than just breaking down Patrick Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patrick Industries is a good investment. Please check the relationship between Patrick Industries Net Debt and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. 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 information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patrick Industries Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Patrick Industries' Net Debt and Current Deferred Revenue is -0.72. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Patrick Industries, assuming nothing else is changed. The correlation between historical values of Patrick Industries' Net Debt and Current Deferred 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 Debt of Patrick Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Patrick Industries' Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Patrick Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patrick Industries 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 Patrick Industries. 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 information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.At this time, Patrick Industries' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 57.2 M this year, although the value of Tax Provision will most likely fall to about 48.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	801.2M	1.1B	782.2M	821.3M
Total Revenue	4.1B	4.9B	3.5B	3.6B

Gross Profit Total Revenue

Patrick Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		1.0	0.93	0.98	0.98	0.99	1.0	0.96	0.46	1.0	0.96	0.46	0.98	0.11	0.99	0.99	0.93	0.91	0.99	0.93	0.99	0.48	1.0	0.96	0.94	0.93
Short Long Term Debt Total	1.0		0.95	0.99	0.96	0.98	1.0	0.93	0.52	0.99	0.94	0.52	0.96	0.12	1.0	0.99	0.95	0.88	1.0	0.89	1.0	0.46	0.99	0.97	0.92	0.92
Other Current Liab	0.93	0.95		0.96	0.85	0.88	0.94	0.81	0.61	0.91	0.87	0.61	0.87	0.22	0.95	0.95	0.97	0.76	0.96	0.74	0.97	0.36	0.93	0.96	0.86	0.88
Total Current Liabilities	0.98	0.99	0.96		0.94	0.96	0.98	0.91	0.53	0.97	0.93	0.53	0.95	0.15	0.99	0.99	0.97	0.85	0.99	0.86	1.0	0.47	0.97	0.99	0.91	0.91
Total Stockholder Equity	0.98	0.96	0.85	0.94		0.98	0.97	0.99	0.35	0.99	0.96	0.35	0.98	0.07	0.96	0.95	0.85	0.94	0.95	0.97	0.94	0.51	0.98	0.92	0.95	0.92
Property Plant And Equipment Net	0.99	0.98	0.88	0.96	0.98		0.98	0.97	0.43	0.99	0.95	0.43	0.98	0.07	0.98	0.97	0.89	0.92	0.98	0.96	0.97	0.54	0.98	0.93	0.92	0.91
Net Debt	1.0	1.0	0.94	0.98	0.97	0.98		0.95	0.45	0.99	0.96	0.45	0.97	0.12	1.0	0.99	0.94	0.9	1.0	0.91	0.99	0.47	0.99	0.96	0.92	0.92
Retained Earnings	0.96	0.93	0.81	0.91	0.99	0.97	0.95		0.27	0.97	0.96	0.27	0.96	0.01	0.93	0.94	0.81	0.97	0.93	0.98	0.92	0.53	0.96	0.87	0.91	0.87
Cash	0.46	0.52	0.61	0.53	0.35	0.43	0.45	0.27		0.42	0.31	1.0	0.41	0.13	0.52	0.43	0.61	0.17	0.52	0.27	0.55	0.08	0.42	0.57	0.45	0.49
Non Current Assets Total	1.0	0.99	0.91	0.97	0.99	0.99	0.99	0.97	0.42		0.96	0.42	0.99	0.09	0.99	0.98	0.9	0.92	0.99	0.94	0.98	0.48	1.0	0.95	0.95	0.94
Non Currrent Assets Other	0.96	0.94	0.87	0.93	0.96	0.95	0.96	0.96	0.31	0.96		0.31	0.92	0.01	0.94	0.96	0.87	0.95	0.94	0.92	0.94	0.45	0.96	0.9	0.88	0.86
Cash And Short Term Investments	0.46	0.52	0.61	0.53	0.35	0.43	0.45	0.27	1.0	0.42	0.31		0.41	0.13	0.52	0.43	0.61	0.17	0.52	0.27	0.55	0.08	0.42	0.57	0.45	0.49
Net Receivables	0.98	0.96	0.87	0.95	0.98	0.98	0.97	0.96	0.41	0.99	0.92	0.41		0.12	0.96	0.94	0.86	0.87	0.96	0.95	0.95	0.49	0.98	0.95	0.96	0.95
Common Stock Shares Outstanding	0.11	0.12	0.22	0.15	0.07	0.07	0.12	0.01	0.13	0.09	0.01	0.13	0.12		0.13	0.14	0.19	-0.06	0.13	-0.03	0.15	0.22	0.13	0.18	0.2	0.24
Non Current Liabilities Total	0.99	1.0	0.95	0.99	0.96	0.98	1.0	0.93	0.52	0.99	0.94	0.52	0.96	0.13		0.99	0.95	0.88	1.0	0.89	0.99	0.46	0.99	0.97	0.92	0.93
Inventory	0.99	0.99	0.95	0.99	0.95	0.97	0.99	0.94	0.43	0.98	0.96	0.43	0.94	0.14	0.99		0.95	0.91	0.99	0.88	0.99	0.5	0.98	0.96	0.89	0.89
Other Current Assets	0.93	0.95	0.97	0.97	0.85	0.89	0.94	0.81	0.61	0.9	0.87	0.61	0.86	0.19	0.95	0.95		0.78	0.96	0.74	0.97	0.44	0.91	0.94	0.82	0.84
Other Stockholder Equity	0.91	0.88	0.76	0.85	0.94	0.92	0.9	0.97	0.17	0.92	0.95	0.17	0.87	-0.06	0.88	0.91	0.78		0.87	0.93	0.87	0.56	0.9	0.79	0.79	0.76
Total Liab	0.99	1.0	0.96	0.99	0.95	0.98	1.0	0.93	0.52	0.99	0.94	0.52	0.96	0.13	1.0	0.99	0.96	0.87		0.89	1.0	0.46	0.99	0.97	0.92	0.92
Property Plant And Equipment Gross	0.93	0.89	0.74	0.86	0.97	0.96	0.91	0.98	0.27	0.94	0.92	0.27	0.95	-0.03	0.89	0.88	0.74	0.93	0.89		0.87	0.56	0.91	0.84	0.88	0.84
Total Current Assets	0.99	1.0	0.97	1.0	0.94	0.97	0.99	0.92	0.55	0.98	0.94	0.55	0.95	0.15	0.99	0.99	0.97	0.87	1.0	0.87		0.48	0.98	0.98	0.91	0.91
Short Term Debt	0.48	0.46	0.36	0.47	0.51	0.54	0.47	0.53	0.08	0.48	0.45	0.08	0.49	0.22	0.46	0.5	0.44	0.56	0.46	0.56	0.48		0.43	0.42	0.38	0.35
Intangible Assets	1.0	0.99	0.93	0.97	0.98	0.98	0.99	0.96	0.42	1.0	0.96	0.42	0.98	0.13	0.99	0.98	0.91	0.9	0.99	0.91	0.98	0.43		0.96	0.95	0.95
Accounts Payable	0.96	0.97	0.96	0.99	0.92	0.93	0.96	0.87	0.57	0.95	0.9	0.57	0.95	0.18	0.97	0.96	0.94	0.79	0.97	0.84	0.98	0.42	0.96		0.93	0.93
Common Stock Total Equity	0.94	0.92	0.86	0.91	0.95	0.92	0.92	0.91	0.45	0.95	0.88	0.45	0.96	0.2	0.92	0.89	0.82	0.79	0.92	0.88	0.91	0.38	0.95	0.93		1.0
Common Stock	0.93	0.92	0.88	0.91	0.92	0.91	0.92	0.87	0.49	0.94	0.86	0.49	0.95	0.24	0.93	0.89	0.84	0.76	0.92	0.84	0.91	0.35	0.95	0.93	1.0

Click cells to compare fundamentals

Patrick Industries Account Relationship Matchups

Patrick Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.8B	2.7B	2.8B	2.6B	2.7B
Short Long Term Debt Total	769.5M	937.5M	1.4B	1.5B	1.2B	1.3B
Other Current Liab	58.0M	47.6M	107.3M	93.7M	60.6M	63.6M
Total Current Liabilities	186.9M	227.4M	432.8M	367.2M	308.5M	323.9M
Total Stockholder Equity	497.5M	559.4M	767.6M	955.2M	1.0B	1.1B
Property Plant And Equipment Net	274.4M	369.3M	477.7M	514.2M	531.3M	557.9M
Net Debt	630.1M	892.7M	1.3B	1.4B	1.2B	1.3B
Retained Earnings	305.5M	360.2M	513.7M	758.9M	843.1M	885.2M
Cash	139.4M	44.8M	122.8M	22.8M	11.4M	11.7M
Non Current Assets Total	954.2M	1.2B	1.7B	1.9B	1.8B	1.9B
Non Currrent Assets Other	3.4M	4.0M	7.1M	8.8M	7.9M	8.3M
Cash And Short Term Investments	139.4M	44.8M	122.8M	22.8M	11.4M	11.7M
Net Receivables	87.5M	132.5M	156.1M	142.1M	173.1M	181.8M
Common Stock Shares Outstanding	23.3M	23.1M	23.4M	24.5M	22.0M	17.8M
Liabilities And Stockholders Equity	1.5B	1.8B	2.7B	2.8B	2.6B	2.7B
Non Current Liabilities Total	786.6M	966.6M	1.5B	1.5B	1.2B	1.3B
Inventory	253.9M	312.8M	614.4M	667.8M	510.1M	535.6M
Other Current Assets	36.0M	38.0M	80.8M	77.1M	39.9M	41.9M
Other Stockholder Equity	25.0M	24.4M	59.7M	113.2M	101.9M	107.0M
Total Liab	973.5M	1.2B	1.9B	1.8B	1.5B	1.6B
Property Plant And Equipment Gross	274.4M	369.3M	477.7M	514.2M	823.8M	865.0M
Total Current Assets	516.8M	528.1M	974.1M	909.9M	734.6M	771.4M
Accumulated Other Comprehensive Income	(5.7M)	(6.1M)	(2.2M)	(695K)	(999K)	(1.0M)
Short Term Debt	32.7M	69.3M	88.1M	96.0M	105.0M	110.3M
Intangible Assets	357.0M	456.3M	640.5M	720.2M	651.2M	683.7M
Accounts Payable	96.2M	105.8M	203.5M	142.9M	140.5M	147.6M
Common Stock Total Equity	172.7M	180.9M	196.4M	197.0M	226.6M	237.9M
Common Stock	172.7M	180.9M	196.4M	197.0M	203.3M	213.4M
Other Liab	43.9M	67.5M	51.2M	61.4M	70.7M	74.2M
Other Assets	3.4M	4.0M	7.1M	8.8M	10.2M	10.7M
Long Term Debt	670.4M	810.9M	1.3B	1.3B	1.0B	1.1B
Good Will	676.4M	852.1M	551.4M	629.3M	637.4M	669.3M
Property Plant Equipment	180.8M	251.5M	477.7M	350.6M	403.2M	423.3M
Net Tangible Assets	(178.9M)	(292.6M)	(424.3M)	(394.3M)	(354.9M)	(337.1M)
Retained Earnings Total Equity	305.5M	360.2M	513.7M	758.9M	872.7M	916.3M
Capital Surpluse	25.1M	25.0M	24.4M	59.7M	68.6M	72.0M
Deferred Long Term Liab	27.3M	39.5M	36.5M	48.4M	55.7M	58.4M

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:

How To Invest In Patrick

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Is Patrick Stock a good investment?

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What is Patrick Industries' Net Worth?

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Largest Building Products Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. 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 information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Building Products 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 Patrick Industries. If investors know Patrick 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 Patrick Industries 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

(0.01)

Dividend Share

2.2

Earnings Share

6.96

Revenue Per Share

168.682

Quarterly Revenue Growth

0.062

The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' 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 Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' 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.

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Patrick Net Debt vs Current Deferred Revenue Analysis

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Current Deferred Revenue

Patrick Industries fundamental ratios Correlations

Patrick Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Patrick Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total

Other Stockholder Equity	- 0.06	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.03	Common Stock Shares Outstanding