Phreesia Stock Based Compensation vs Investments Analysis

PHR Stock

USD 20.33 0.03 0.15%

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

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

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phreesia Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Phreesia's Stock Based Compensation and Investments is -0.75. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of Phreesia, assuming nothing else is changed. The correlation between historical values of Phreesia's Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Phreesia are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Phreesia's Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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

To learn how to invest in Phreesia Stock, please use our How to Invest in Phreesia guide.As of 11/26/2024, Tax Provision is likely to grow to about 1.6 M, while Selling General Administrative is likely to drop slightly above 53.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.2M	1.4M	1.9M	1.8M
Depreciation And Amortization	24.5M	28.8M	30.5M	21.5M

Interest Expense Depreciation And Amortization

Phreesia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Total Assets		-0.83	0.89	0.89	0.98	-0.87	0.97	0.88	0.89	-0.93	-0.81	0.77	0.93	0.8	0.84	0.6	-0.94	0.93	0.89	0.93	0.98	-0.87	-0.91	0.71	0.14	0.91
Short Long Term Debt Total	-0.83		-0.82	-0.84	-0.83	0.85	-0.84	-0.63	-0.82	0.72	0.8	-0.72	-0.71	-0.76	-0.61	-0.32	0.94	-0.71	-0.83	-0.82	-0.87	0.97	0.82	-0.32	-0.04	-0.84
Other Current Liab	0.89	-0.82		1.0	0.85	-0.78	0.88	0.6	0.99	-0.67	-0.92	0.82	0.66	0.9	0.73	0.24	-0.88	0.66	0.98	0.89	0.94	-0.86	-0.83	0.62	-0.04	0.99
Total Current Liabilities	0.89	-0.84	1.0		0.85	-0.78	0.88	0.59	0.99	-0.67	-0.93	0.86	0.66	0.9	0.74	0.26	-0.88	0.66	0.99	0.9	0.95	-0.87	-0.83	0.57	-0.05	0.99
Total Stockholder Equity	0.98	-0.83	0.85	0.85		-0.93	0.98	0.86	0.84	-0.94	-0.78	0.78	0.94	0.75	0.74	0.61	-0.91	0.94	0.86	0.94	0.97	-0.85	-0.96	0.66	0.27	0.86
Other Liab	-0.87	0.85	-0.78	-0.78	-0.93		-0.95	-0.7	-0.73	0.81	0.77	-0.75	-0.82	-0.73	-0.5	-0.39	0.88	-0.82	-0.79	-0.93	-0.9	0.86	0.98	-0.49	-0.36	-0.75
Net Tangible Assets	0.97	-0.84	0.88	0.88	0.98	-0.95		0.82	0.86	-0.87	-0.87	0.8	0.89	0.85	0.71	0.46	-0.94	0.89	0.88	0.99	0.97	-0.9	-0.98	0.64	0.22	0.88
Property Plant And Equipment Net	0.88	-0.63	0.6	0.59	0.86	-0.7	0.82		0.62	-0.96	-0.52	0.46	0.97	0.56	0.76	0.74	-0.8	0.97	0.58	0.74	0.78	-0.69	-0.74	0.71	0.26	0.64
Current Deferred Revenue	0.89	-0.82	0.99	0.99	0.84	-0.73	0.86	0.62		-0.68	-0.92	0.84	0.67	0.9	0.81	0.3	-0.88	0.67	0.99	0.88	0.94	-0.86	-0.79	0.61	-0.13	1.0
Net Debt	-0.93	0.72	-0.67	-0.67	-0.94	0.81	-0.87	-0.96	-0.68		0.57	-0.59	-0.99	-0.55	-0.74	-0.8	0.83	-0.99	-0.67	-0.79	-0.86	0.74	0.84	-0.66	-0.34	-0.7
Retained Earnings	-0.81	0.8	-0.92	-0.93	-0.78	0.77	-0.87	-0.52	-0.92	0.57		-0.88	-0.6	-0.98	-0.7	-0.11	0.86	-0.6	-0.94	-0.92	-0.88	0.87	0.82	-0.49	0.15	-0.92
Accounts Payable	0.77	-0.72	0.82	0.86	0.78	-0.75	0.8	0.46	0.84	-0.59	-0.88		0.59	0.77	0.65	0.34	-0.72	0.59	0.91	0.85	0.87	-0.73	-0.82	0.32	0.01	0.85
Cash	0.93	-0.71	0.66	0.66	0.94	-0.82	0.89	0.97	0.67	-0.99	-0.6	0.59		0.6	0.74	0.76	-0.84	1.0	0.67	0.82	0.86	-0.75	-0.85	0.68	0.32	0.7
Non Current Assets Total	0.8	-0.76	0.9	0.9	0.75	-0.73	0.85	0.56	0.9	-0.55	-0.98	0.77	0.6		0.72	0.07	-0.87	0.6	0.89	0.9	0.84	-0.87	-0.77	0.58	-0.22	0.9
Non Currrent Assets Other	0.84	-0.61	0.73	0.74	0.74	-0.5	0.71	0.76	0.81	-0.74	-0.7	0.65	0.74	0.72		0.62	-0.76	0.74	0.76	0.68	0.77	-0.66	-0.58	0.73	-0.34	0.81
Other Assets	0.6	-0.32	0.24	0.26	0.61	-0.39	0.46	0.74	0.3	-0.8	-0.11	0.34	0.76	0.07	0.62		-0.4	0.76	0.29	0.35	0.49	-0.27	-0.43	0.46	0.25	0.32
Long Term Debt	-0.94	0.94	-0.88	-0.88	-0.91	0.88	-0.94	-0.8	-0.88	0.83	0.86	-0.72	-0.84	-0.87	-0.76	-0.4		-0.84	-0.87	-0.92	-0.93	0.98	0.88	-0.59	-0.01	-0.9
Cash And Short Term Investments	0.93	-0.71	0.66	0.66	0.94	-0.82	0.89	0.97	0.67	-0.99	-0.6	0.59	1.0	0.6	0.74	0.76	-0.84		0.67	0.82	0.86	-0.75	-0.85	0.68	0.32	0.7
Net Receivables	0.89	-0.83	0.98	0.99	0.86	-0.79	0.88	0.58	0.99	-0.67	-0.94	0.91	0.67	0.89	0.76	0.29	-0.87	0.67		0.91	0.95	-0.86	-0.84	0.55	-0.07	0.99
Common Stock Total Equity	0.93	-0.82	0.89	0.9	0.94	-0.93	0.99	0.74	0.88	-0.79	-0.92	0.85	0.82	0.9	0.68	0.35	-0.92	0.82	0.91		0.96	-0.89	-0.97	0.59	0.17	0.89
Common Stock Shares Outstanding	0.98	-0.87	0.94	0.95	0.97	-0.9	0.97	0.78	0.94	-0.86	-0.88	0.87	0.86	0.84	0.77	0.49	-0.93	0.86	0.95	0.96		-0.9	-0.94	0.6	0.15	0.95
Long Term Debt Total	-0.87	0.97	-0.86	-0.87	-0.85	0.86	-0.9	-0.69	-0.86	0.74	0.87	-0.73	-0.75	-0.87	-0.66	-0.27	0.98	-0.75	-0.86	-0.89	-0.9		0.86	-0.43	-0.01	-0.88
Non Current Liabilities Total	-0.91	0.82	-0.83	-0.83	-0.96	0.98	-0.98	-0.74	-0.79	0.84	0.82	-0.82	-0.85	-0.77	-0.58	-0.43	0.88	-0.85	-0.84	-0.97	-0.94	0.86		-0.53	-0.35	-0.81
Capital Lease Obligations	0.71	-0.32	0.62	0.57	0.66	-0.49	0.64	0.71	0.61	-0.66	-0.49	0.32	0.68	0.58	0.73	0.46	-0.59	0.68	0.55	0.59	0.6	-0.43	-0.53		-0.09	0.6
Inventory	0.14	-0.04	-0.04	-0.05	0.27	-0.36	0.22	0.26	-0.13	-0.34	0.15	0.01	0.32	-0.22	-0.34	0.25	-0.01	0.32	-0.07	0.17	0.15	-0.01	-0.35	-0.09		-0.1
Other Current Assets	0.91	-0.84	0.99	0.99	0.86	-0.75	0.88	0.64	1.0	-0.7	-0.92	0.85	0.7	0.9	0.81	0.32	-0.9	0.7	0.99	0.89	0.95	-0.88	-0.81	0.6	-0.1

Click cells to compare fundamentals

Phreesia Account Relationship Matchups

Phreesia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	158.8M	326.7M	494.5M	370.1M	370.3M	288.6M
Short Long Term Debt Total	23.9M	14.3M	15.8M	9.2M	12.0M	14.9M
Other Current Liab	21.6M	33.1M	43.2M	42.9M	68.0M	37.6M
Total Current Liabilities	35.4M	55.0M	68.4M	79.0M	110.1M	63.0M
Total Stockholder Equity	101.9M	263.3M	417.3M	287.8M	251.4M	148.2M
Net Tangible Assets	91.7M	241.8M	353.2M	254.1M	292.2M	306.8M
Property Plant And Equipment Net	14.5M	29.3M	37.0M	22.2M	17.2M	23.2M
Current Deferred Revenue	5.4M	10.8M	16.5M	17.7M	24.1M	13.5M
Net Debt	(66.5M)	(204.5M)	(298.0M)	(167.5M)	(75.5M)	(79.3M)
Retained Earnings	(284.5M)	(311.8M)	(429.9M)	(606.1M)	(743.0M)	(705.8M)
Accounts Payable	6.0M	4.4M	5.1M	10.8M	8.5M	6.5M
Cash	90.3M	218.8M	313.8M	176.7M	87.5M	141.3M
Non Current Assets Total	27.2M	54.4M	108.1M	107.6M	174.6M	183.4M
Non Currrent Assets Other	180K	1.7M	6.6M	5.0M	3.9M	3.3M
Other Assets	2.5M	3.6M	7.1M	5.1M	1.0	0.95
Long Term Debt	19.4M	6.5M	139K	2.7M	2.0M	1.9M
Cash And Short Term Investments	90.3M	218.8M	313.8M	176.7M	87.5M	141.3M
Net Receivables	22.0M	29.1M	40.3M	51.4M	64.9M	37.1M
Good Will	250K	8.3M	33.6M	33.7M	75.8M	79.6M
Common Stock Total Equity	19.9K	366K	449K	542K	623.3K	654.5K
Common Stock Shares Outstanding	20.3M	39.5M	49.9M	52.4M	54.6M	34.6M
Long Term Debt Total	21.5M	6.5M	7.4M	2.7M	2.5M	2.3M
Liabilities And Stockholders Equity	158.8M	326.7M	494.5M	370.1M	370.3M	288.6M
Non Current Liabilities Total	21.5M	8.4M	8.8M	3.2M	8.8M	8.3M
Capital Surpluse	386.4M	579.6M	860.7M	927.0M	1.1B	1.1B
Capital Lease Obligations	4.4M	3.0M	15.8M	1.3M	8.8M	6.3M
Inventory	6.9M	8.9M	1.6M	1.1M	768K	729.6K
Other Current Assets	12.4M	22.7M	30.6M	33.3M	42.5M	26.2M
Other Stockholder Equity	386.0M	574.6M	846.7M	893.4M	993.8M	588.1M
Total Liab	56.9M	63.4M	77.2M	82.2M	118.9M	102.1M
Deferred Long Term Liab	1.6M	1.2M	3.8M	2.7M	3.1M	2.2M
Net Invested Capital	121.3M	274.6M	417.3M	295.7M	254.6M	162.4M
Property Plant And Equipment Gross	14.5M	29.3M	90.3M	82.1M	94.0M	53.1M
Short Long Term Debt	2.3M	4.9M	5.8M	5.2M	1.1M	1.0M
Total Current Assets	131.5M	272.3M	386.3M	262.4M	195.7M	207.0M
Treasury Stock	(399K)	(5.0M)	(14.0M)	(33.6M)	(30.2M)	(28.7M)
Cash And Equivalents	90.3M	218.8M	313.8M	176.7M	203.2M	148.8M
Net Working Capital	96.2M	217.3M	317.9M	183.4M	85.6M	144.0M

Pair Trading with Phreesia

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

Moving together with Phreesia Stock

0.85	CI	Cigna Corp	Pair Corr
0.64	DH	Definitive Healthcare	Pair Corr

Moving against Phreesia Stock

0.76	ELMD	Electromed	Pair Corr
0.74	ECOR	Electrocore LLC	Pair Corr
0.66	MD	Mednax Inc	Pair Corr
0.53	VREX	Varex Imaging Corp	Pair Corr
0.49	DOCS	Doximity Buyout Trend	Pair Corr

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

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

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

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