Procore Current Deferred Revenue vs Capital Stock Analysis

PCOR Stock

USD 76.85 1.62 2.15%

Procore Technologies financial indicator trend analysis is much more than just breaking down Procore Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procore Technologies is a good investment. Please check the relationship between Procore Technologies Current Deferred Revenue and its Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procore Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.

Current Deferred Revenue vs Capital Stock

Current Deferred Revenue vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procore Technologies Current Deferred Revenue account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Procore Technologies' Current Deferred Revenue and Capital Stock is 0.96. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Procore Technologies, assuming nothing else is changed. The correlation between historical values of Procore Technologies' Current Deferred Revenue and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Procore Technologies are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Current Deferred Revenue i.e., Procore Technologies' Current Deferred Revenue and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Procore Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procore Technologies 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 Procore Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.As of 11/22/2024, Tax Provision is likely to grow to about 346.5 K, while Selling General Administrative is likely to drop slightly above 111.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.2M	2.1M	2.0M	1.7M
Depreciation And Amortization	43.9M	73.2M	71.6M	39.4M

Interest Expense Depreciation And Amortization

Procore Technologies fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will
Other Current Liab		0.51	0.33	0.71	-0.51	0.45	0.58	0.52	0.56	0.43	0.62	-0.56	0.51	0.63	-0.65	0.55	0.15	0.6	0.16	0.56	-0.33	0.32	0.54	0.56	0.54	0.54
Total Current Liabilities	0.51		0.91	0.77	-0.94	0.91	0.99	1.0	0.26	0.88	0.89	-0.06	0.98	0.96	-0.13	0.98	0.8	0.89	0.82	0.99	-0.77	0.77	0.96	0.99	0.96	0.96
Other Liab	0.33	0.91		0.57	-0.84	0.89	0.93	0.91	-0.07	0.84	0.75	0.28	0.94	0.85	0.19	0.92	0.92	0.76	0.94	0.9	-0.87	0.88	0.9	0.91	0.93	0.9
Net Tangible Assets	0.71	0.77	0.57		-0.84	0.83	0.78	0.76	0.65	0.8	0.95	-0.35	0.77	0.88	-0.43	0.83	0.49	0.96	0.54	0.79	-0.68	0.65	0.85	0.81	0.8	0.85
Retained Earnings	-0.51	-0.94	-0.84	-0.84		-0.88	-0.91	-0.94	-0.29	-0.96	-0.96	0.2	-0.92	-0.91	0.28	-0.94	-0.82	-0.94	-0.83	-0.96	0.76	-0.74	-0.92	-0.96	-0.93	-0.92
Accounts Payable	0.45	0.91	0.89	0.83	-0.88		0.94	0.9	0.32	0.84	0.9	0.13	0.94	0.96	0.05	0.97	0.75	0.94	0.85	0.89	-0.88	0.88	0.99	0.94	0.94	0.99
Other Assets	0.58	0.99	0.93	0.78	-0.91	0.94		0.98	0.26	0.87	0.89	0.0	0.99	0.98	-0.08	0.99	0.79	0.89	0.81	0.98	-0.83	0.83	0.98	0.98	0.98	0.98
Net Receivables	0.52	1.0	0.91	0.76	-0.94	0.9	0.98		0.24	0.88	0.88	-0.07	0.98	0.95	-0.13	0.97	0.8	0.88	0.81	1.0	-0.77	0.77	0.95	0.98	0.96	0.95
Common Stock Shares Outstanding	0.56	0.26	-0.07	0.65	-0.29	0.32	0.26	0.24		0.17	0.42	-0.56	0.17	0.43	-0.59	0.27	-0.23	0.48	-0.17	0.27	0.01	-0.04	0.32	0.27	0.17	0.34
Other Current Assets	0.43	0.88	0.84	0.8	-0.96	0.84	0.87	0.88	0.17		0.93	-0.06	0.9	0.84	-0.16	0.9	0.9	0.91	0.86	0.91	-0.84	0.82	0.88	0.89	0.91	0.87
Other Stockholder Equity	0.62	0.89	0.75	0.95	-0.96	0.9	0.89	0.88	0.42	0.93		-0.24	0.9	0.93	-0.33	0.93	0.72	0.99	0.75	0.91	-0.8	0.77	0.93	0.92	0.92	0.93
Deferred Long Term Liab	-0.56	-0.06	0.28	-0.35	0.2	0.13	0.0	-0.07	-0.56	-0.06	-0.24		0.05	-0.08	0.99	0.01	0.27	-0.17	0.3	-0.12	-0.36	0.4	0.02	-0.09	0.04	0.02
Total Current Assets	0.51	0.98	0.94	0.77	-0.92	0.94	0.99	0.98	0.17	0.9	0.9	0.05		0.96	-0.03	0.99	0.84	0.89	0.86	0.97	-0.87	0.87	0.97	0.98	0.99	0.97
Common Stock	0.63	0.96	0.85	0.88	-0.91	0.96	0.98	0.95	0.43	0.84	0.93	-0.08	0.96		-0.16	0.98	0.69	0.95	0.74	0.95	-0.8	0.8	0.99	0.97	0.95	0.99
Property Plant Equipment	-0.65	-0.13	0.19	-0.43	0.28	0.05	-0.08	-0.13	-0.59	-0.16	-0.33	0.99	-0.03	-0.16		-0.07	0.19	-0.26	0.22	-0.2	-0.26	0.3	-0.06	-0.16	-0.04	-0.06
Total Assets	0.55	0.98	0.92	0.83	-0.94	0.97	0.99	0.97	0.27	0.9	0.93	0.01	0.99	0.98	-0.07		0.81	0.94	0.85	0.97	-0.87	0.87	0.99	0.99	0.99	0.99
Short Long Term Debt Total	0.15	0.8	0.92	0.49	-0.82	0.75	0.79	0.8	-0.23	0.9	0.72	0.27	0.84	0.69	0.19	0.81		0.69	0.96	0.8	-0.85	0.85	0.77	0.8	0.84	0.76
Total Stockholder Equity	0.6	0.89	0.76	0.96	-0.94	0.94	0.89	0.88	0.48	0.91	0.99	-0.17	0.89	0.95	-0.26	0.94	0.69		0.75	0.9	-0.81	0.79	0.95	0.92	0.91	0.95
Property Plant And Equipment Net	0.16	0.82	0.94	0.54	-0.83	0.85	0.81	0.81	-0.17	0.86	0.75	0.3	0.86	0.74	0.22	0.85	0.96	0.75		0.8	-0.88	0.88	0.84	0.84	0.86	0.83
Current Deferred Revenue	0.56	0.99	0.9	0.79	-0.96	0.89	0.98	1.0	0.27	0.91	0.91	-0.12	0.97	0.95	-0.2	0.97	0.8	0.9	0.8		-0.76	0.76	0.95	0.99	0.96	0.95
Net Debt	-0.33	-0.77	-0.87	-0.68	0.76	-0.88	-0.83	-0.77	0.01	-0.84	-0.8	-0.36	-0.87	-0.8	-0.26	-0.87	-0.85	-0.81	-0.88	-0.76		-1.0	-0.86	-0.8	-0.9	-0.86
Cash	0.32	0.77	0.88	0.65	-0.74	0.88	0.83	0.77	-0.04	0.82	0.77	0.4	0.87	0.8	0.3	0.87	0.85	0.79	0.88	0.76	-1.0		0.86	0.79	0.9	0.86
Non Current Assets Total	0.54	0.96	0.9	0.85	-0.92	0.99	0.98	0.95	0.32	0.88	0.93	0.02	0.97	0.99	-0.06	0.99	0.77	0.95	0.84	0.95	-0.86	0.86		0.98	0.97	1.0
Non Currrent Assets Other	0.56	0.99	0.91	0.81	-0.96	0.94	0.98	0.98	0.27	0.89	0.92	-0.09	0.98	0.97	-0.16	0.99	0.8	0.92	0.84	0.99	-0.8	0.79	0.98		0.97	0.98
Cash And Short Term Investments	0.54	0.96	0.93	0.8	-0.93	0.94	0.98	0.96	0.17	0.91	0.92	0.04	0.99	0.95	-0.04	0.99	0.84	0.91	0.86	0.96	-0.9	0.9	0.97	0.97		0.97
Good Will	0.54	0.96	0.9	0.85	-0.92	0.99	0.98	0.95	0.34	0.87	0.93	0.02	0.97	0.99	-0.06	0.99	0.76	0.95	0.83	0.95	-0.86	0.86	1.0	0.98	0.97

Click cells to compare fundamentals

Procore Technologies Account Relationship Matchups

Procore Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	8.6M	39.3M	86.7M	120.8M	127.4M	73.1M
Total Current Liabilities	224.8M	261.7M	403.7M	531.6M	642.4M	363.4M
Other Liab	6.1M	8.3M	8.7M	8.3M	9.6M	6.5M
Net Tangible Assets	(419.1M)	(449.8M)	419.3M	356.1M	409.5M	430.0M
Retained Earnings	(300.8M)	(397.0M)	(662.2M)	(949.1M)	(1.1B)	(1.1B)
Accounts Payable	9.4M	9.0M	15.5M	14.3M	13.2M	12.0M
Other Assets	27.0M	32.9M	47.9M	51.3M	59.0M	36.5M
Net Receivables	58.2M	77.7M	118.4M	160.2M	208.5M	106.9M
Common Stock Shares Outstanding	104.3M	27.9M	134.0M	136.5M	142.0M	121.7M
Other Current Assets	12.5M	30.4M	47.8M	37.5M	69.2M	72.7M
Other Stockholder Equity	(395.9M)	124.8M	1.9B	2.1B	2.3B	2.4B
Deferred Long Term Liab	21.7M	24.5M	25.9M	5.3M	6.1M	5.8M
Total Current Assets	201.1M	488.0M	752.3M	799.2M	955.7M	540.2M
Property Plant Equipment	110.3M	122.1M	120.5M	39.2M	35.3M	33.5M
Total Assets	503.7M	820.8M	1.7B	1.7B	1.9B	1.3B
Short Long Term Debt Total	83.7M	95.4M	88.9M	83.7M	93.9M	95.1M
Total Stockholder Equity	(253.8M)	(272.1M)	1.2B	1.1B	1.2B	1.2B
Property Plant And Equipment Net	110.3M	122.1M	120.5M	118.2M	114.8M	124.2M
Current Deferred Revenue	173.5M	213.4M	301.6M	396.5M	501.9M	311.2M
Net Debt	(34.8M)	(284.5M)	(497.2M)	(213.0M)	(276.3M)	(290.1M)
Cash	118.5M	379.9M	586.1M	296.7M	357.8M	336.2M
Non Current Assets Total	302.6M	332.8M	938.4M	941.2M	937.8M	655.8M
Non Currrent Assets Other	27.0M	32.9M	47.9M	62.4M	63.1M	46.3M
Cash And Short Term Investments	118.5M	379.9M	586.1M	582.2M	678.0M	447.2M
Good Will	114.5M	126.0M	540.9M	539.1M	539.4M	341.1M
Liabilities And Stockholders Equity	503.7M	820.8M	1.7B	1.7B	1.9B	1.3B
Non Current Liabilities Total	532.6M	831.2M	97.7M	92.0M	95.5M	90.8M
Capital Lease Obligations	83.7M	95.4M	88.9M	83.7M	81.5M	92.8M
Inventory	11.9M	13.6M	17.0M	23.6M	1.0	0.95
Total Liab	757.4M	1.1B	501.4M	623.6M	738.0M	767.8M
Net Invested Capital	(253.8M)	(272.1M)	1.2B	1.1B	1.2B	1.2B
Property Plant And Equipment Gross	109.7M	120.9M	120.5M	118.2M	149.8M	130.3M
Accumulated Other Comprehensive Income	20K	187K	(583K)	(2.3M)	(1.4M)	(1.3M)
Non Current Liabilities Other	1.7M	1.9M	4.7M	3.0M	6.3M	3.3M
Net Working Capital	(23.7M)	226.3M	348.6M	267.6M	313.3M	208.4M
Short Term Debt	33.2M	28.5M	65.9M	10.7M	12.4M	22.8M
Intangible Assets	50.8M	51.8M	229.0M	221.5M	220.6M	144.3M

Pair Trading with Procore Technologies

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 Procore Technologies 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 Procore Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Procore Stock

0.8	DJCO	Daily Journal Corp	Pair Corr
0.84	AI	C3 Ai Inc Trending	Pair Corr
0.87	BL	Blackline	Pair Corr

Moving against Procore Stock

0.56	VERB	VERB TECHNOLOGY PANY Tech Boost	Pair Corr
0.53	DMAN	Innovativ Media Group	Pair Corr
0.45	VTEX	VTEX Potential Growth	Pair Corr
0.36	VCSA	Vacasa Inc	Pair Corr

The ability to find closely correlated positions to Procore Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procore Technologies 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 Procore Technologies - 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 Procore Technologies to buy it.

The correlation of Procore Technologies 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 Procore Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procore Technologies 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 Procore Technologies 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.

Pair Correlation Correlation Matching

Additional Tools for Procore Stock Analysis

When running Procore Technologies' price analysis, check to measure Procore Technologies' 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.

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