Performant Other Assets vs Common Stock Total Equity Analysis

PFMT Stock  USD 3.17  0.09  2.92%   
Performant Financial financial indicator trend analysis is much more than just breaking down Performant Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performant Financial is a good investment. Please check the relationship between Performant Financial Other Assets and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performant Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.

Other Assets vs Common Stock Total Equity

Other Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Performant Financial Other Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Performant Financial's Other Assets and Common Stock Total Equity is -0.24. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Performant Financial, assuming nothing else is changed. The correlation between historical values of Performant Financial's Other Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Performant Financial are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Assets i.e., Performant Financial's Other Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Performant Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performant Financial 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 Performant Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.At this time, Performant Financial's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 300.11 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.46 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense11.3M1.0M2.0M1.9M
Depreciation And Amortization7.0M5.7M6.7M6.4M

Performant Financial fundamental ratios Correlations

-0.67-0.74-0.6-0.470.45-0.44-0.58-0.4-0.69-0.640.04-0.36-0.850.65-0.15-0.72-0.360.72-0.850.95-0.72-0.68-0.130.93-0.79
-0.670.820.870.54-0.010.430.630.710.370.830.190.910.9-0.920.130.840.91-0.710.75-0.590.720.750.31-0.680.81
-0.740.820.610.49-0.450.310.480.30.810.580.120.650.88-0.740.370.970.65-0.50.69-0.750.890.65-0.06-0.80.95
-0.60.870.610.610.10.370.540.860.210.810.030.780.77-0.690.090.640.78-0.770.69-0.50.520.740.57-0.580.65
-0.470.540.490.610.050.430.620.610.20.6-0.10.570.37-0.430.590.320.57-0.450.28-0.430.170.510.72-0.380.45
0.45-0.01-0.450.10.050.10.330.44-0.80.280.460.27-0.330.05-0.13-0.420.270.1-0.220.58-0.63-0.220.60.63-0.56
-0.440.430.310.370.430.10.450.490.130.58-0.120.370.41-0.47-0.140.280.37-0.490.46-0.380.220.390.39-0.340.33
-0.580.630.480.540.620.330.450.60.180.810.530.590.52-0.590.290.420.59-0.410.55-0.460.180.40.56-0.350.35
-0.40.710.30.860.610.440.490.6-0.160.860.120.730.53-0.56-0.10.330.73-0.730.57-0.250.190.610.79-0.30.36
-0.690.370.810.210.2-0.80.130.18-0.160.18-0.030.080.65-0.320.350.770.08-0.280.55-0.80.790.38-0.41-0.790.78
-0.640.830.580.810.60.280.580.810.860.180.310.760.75-0.690.040.60.76-0.780.8-0.520.420.670.57-0.520.56
0.040.190.120.03-0.10.46-0.120.530.12-0.030.310.240.11-0.150.090.170.240.170.170.07-0.07-0.260.020.16-0.09
-0.360.910.650.780.570.270.370.590.730.080.760.240.65-0.840.180.661.0-0.50.46-0.250.480.610.43-0.350.61
-0.850.90.880.770.37-0.330.410.520.530.650.750.110.65-0.80.050.920.65-0.780.92-0.820.880.750.05-0.90.91
0.65-0.92-0.74-0.69-0.430.05-0.47-0.59-0.56-0.32-0.69-0.15-0.84-0.8-0.03-0.76-0.840.55-0.650.57-0.69-0.66-0.210.63-0.75
-0.150.130.370.090.59-0.13-0.140.29-0.10.350.040.090.180.05-0.030.190.180.13-0.13-0.240.0-0.080.17-0.140.18
-0.720.840.970.640.32-0.420.280.420.330.770.60.170.660.92-0.760.190.66-0.540.76-0.710.940.65-0.14-0.80.94
-0.360.910.650.780.570.270.370.590.730.080.760.241.00.65-0.840.180.66-0.50.46-0.250.480.610.43-0.350.61
0.72-0.71-0.5-0.77-0.450.1-0.49-0.41-0.73-0.28-0.780.17-0.5-0.780.550.13-0.54-0.5-0.850.66-0.54-0.81-0.360.74-0.62
-0.850.750.690.690.28-0.220.460.550.570.550.80.170.460.92-0.65-0.130.760.46-0.85-0.810.730.690.13-0.830.75
0.95-0.59-0.75-0.5-0.430.58-0.38-0.46-0.25-0.8-0.520.07-0.25-0.820.57-0.24-0.71-0.250.66-0.81-0.73-0.58-0.010.95-0.79
-0.720.720.890.520.17-0.630.220.180.190.790.42-0.070.480.88-0.690.00.940.48-0.540.73-0.730.67-0.31-0.850.96
-0.680.750.650.740.51-0.220.390.40.610.380.67-0.260.610.75-0.66-0.080.650.61-0.810.69-0.580.670.25-0.690.76
-0.130.31-0.060.570.720.60.390.560.79-0.410.570.020.430.05-0.210.17-0.140.43-0.360.13-0.01-0.310.250.06-0.07
0.93-0.68-0.8-0.58-0.380.63-0.34-0.35-0.3-0.79-0.520.16-0.35-0.90.63-0.14-0.8-0.350.74-0.830.95-0.85-0.690.06-0.88
-0.790.810.950.650.45-0.560.330.350.360.780.56-0.090.610.91-0.750.180.940.61-0.620.75-0.790.960.76-0.07-0.88
Click cells to compare fundamentals

Performant Financial Account Relationship Matchups

Performant Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding53.5M54.4M60.5M72.9M76.2M58.8M
Total Assets138.9M126.2M122.0M118.8M99.0M138.5M
Short Long Term Debt Total69.6M65.7M23.2M21.5M5.5M5.3M
Other Current Liab10.7M11.3M11.5M9.1M10.7M13.5M
Total Current Liabilities19.4M77.2M17.5M14.2M12.4M11.8M
Total Stockholder Equity53.6M42.0M82.4M84.5M80.7M72.3M
Other Liab2.3M3.6M1.2M881K792.9K753.3K
Property Plant And Equipment Net25.6M22.5M18.9M13.0M10.3M16.8M
Current Deferred Revenue83K867K634K438K493K468.4K
Net Debt66.3M49.7M5.9M(1.9M)(1.7M)(1.6M)
Retained Earnings(27.0M)(41.0M)(51.2M)(57.8M)(65.3M)(62.0M)
Accounts Payable2.5M407K1.1M1.3M727K968.9K
Cash3.4M16.0M17.3M23.4M7.3M6.9M
Non Current Assets Total101.9M71.7M67.3M61.3M59.2M85.3M
Non Currrent Assets Other975K1.1M963K1M1.6M907.5K
Other Assets975K6.1M963K1M900K1.6M
Long Term Debt41.1M58.6M19.1M18.2M5M4.8M
Cash And Short Term Investments3.4M16.0M17.3M23.4M7.3M6.9M
Net Receivables28.7M27.7M32.1M30.4M28.8M25.5M
Liabilities And Stockholders Equity138.9M126.2M122.0M118.8M99.0M138.5M
Non Current Liabilities Total65.8M7.0M22.1M20.1M5.9M5.6M
Inventory1.6M2.3M2.2M81K1.00.95
Other Current Assets3.3M10.8M5.3M3.7M3.7M5.5M
Other Stockholder Equity80.6M82.9M133.7M142.3M146.0M86.6M
Total Liab85.2M84.2M39.6M34.3M18.3M17.4M
Property Plant And Equipment Gross25.6M17.5M18.9M13.0M74.9M78.6M
Total Current Assets37.0M54.5M54.7M57.5M39.8M53.2M
Short Term Debt6.1M64.6M4.2M3.4M500K475K
Intangible Assets4.9M1.2M925K689K620.1K589.1K
Property Plant Equipment25.6M22.5M18.9M10.9M9.8M17.3M
Net Tangible Assets(21.7M)(6.1M)35.1M37.1M42.7M44.8M
Retained Earnings Total Equity(27.0M)(41.0M)(51.2M)(57.8M)(52.0M)(49.4M)
Long Term Debt Total41.1M58.6M19.1M18.2M16.4M15.5M
Capital Surpluse80.6M82.9M133.7M142.3M163.6M86.0M

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Additional Tools for Performant Stock Analysis

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