PRA Accounts Payable vs Other Assets Analysis

PRAA Stock  USD 21.72  0.84  4.02%   
PRA financial indicator trend analysis is much more than just breaking down PRA Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PRA Group is a good investment. Please check the relationship between PRA Accounts Payable and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PRA Group Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PRA's Accounts Payable and Other Assets is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of PRA Group, assuming nothing else is changed. The correlation between historical values of PRA's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of PRA Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., PRA's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents PRA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of PRA Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Assets

Most indicators from PRA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PRA Group 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 PRA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, PRA's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 31.41, whereas Tax Provision is projected to grow to (7.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit718.1M612.1M504.7M413.5M
Total Revenue1.1B968.8M802.6M589.0M

PRA fundamental ratios Correlations

0.93-0.080.820.92-0.20.540.540.780.54-0.050.77-0.391.01.00.810.410.550.80.890.850.790.920.66-0.890.78
0.930.080.770.82-0.30.50.350.840.5-0.140.53-0.510.930.930.650.310.760.860.840.790.660.90.56-0.890.69
-0.080.08-0.12-0.05-0.190.09-0.50.150.090.310.01-0.19-0.06-0.08-0.30.22-0.11-0.2-0.19-0.06-0.51-0.10.070.11-0.1
0.820.77-0.120.580.150.70.240.740.70.090.44-0.480.770.810.570.260.660.840.960.840.780.930.73-0.690.46
0.920.82-0.050.58-0.260.370.740.560.37-0.170.85-0.250.930.930.890.280.310.630.690.650.640.760.47-0.850.93
-0.2-0.3-0.190.15-0.260.34-0.01-0.330.340.51-0.230.21-0.29-0.16-0.07-0.39-0.15-0.13-0.06-0.34-0.05-0.150.010.27-0.11
0.540.50.090.70.370.340.080.561.00.070.35-0.160.50.550.280.310.340.480.640.480.390.610.78-0.490.29
0.540.35-0.50.240.74-0.010.08-0.040.08-0.30.63-0.060.550.570.89-0.12-0.020.350.370.210.570.370.07-0.560.84
0.780.840.150.740.56-0.330.56-0.040.56-0.080.45-0.30.780.750.280.570.670.690.790.880.530.840.74-0.670.31
0.540.50.090.70.370.341.00.080.560.070.35-0.160.50.550.280.310.340.480.640.480.390.610.78-0.490.29
-0.05-0.140.310.09-0.170.510.07-0.3-0.080.070.00.1-0.11-0.05-0.140.1-0.16-0.19-0.12-0.1-0.12-0.170.080.33-0.14
0.770.530.010.440.85-0.230.350.630.450.350.0-0.010.780.750.750.55-0.110.30.540.620.520.580.56-0.580.72
-0.39-0.51-0.19-0.48-0.250.21-0.16-0.06-0.3-0.160.1-0.01-0.37-0.39-0.32-0.02-0.58-0.58-0.48-0.4-0.48-0.45-0.160.43-0.25
1.00.93-0.060.770.93-0.290.50.550.780.5-0.110.78-0.370.990.80.440.530.780.870.850.770.910.64-0.890.78
1.00.93-0.080.810.93-0.160.550.570.750.55-0.050.75-0.390.990.830.360.550.80.880.810.780.910.63-0.90.81
0.810.65-0.30.570.89-0.070.280.890.280.28-0.140.75-0.320.80.830.080.240.620.660.530.740.670.35-0.740.9
0.410.310.220.260.28-0.390.31-0.120.570.310.10.55-0.020.440.360.080.010.080.350.580.210.370.53-0.230.01
0.550.76-0.110.660.31-0.150.34-0.020.670.34-0.16-0.11-0.580.530.550.240.010.840.660.550.530.680.3-0.610.23
0.80.86-0.20.840.63-0.130.480.350.690.48-0.190.3-0.580.780.80.620.080.840.880.760.770.880.51-0.760.59
0.890.84-0.190.960.69-0.060.640.370.790.64-0.120.54-0.480.870.880.660.350.660.880.910.840.980.74-0.790.54
0.850.79-0.060.840.65-0.340.480.210.880.48-0.10.62-0.40.850.810.530.580.550.760.910.760.910.78-0.680.42
0.790.66-0.510.780.64-0.050.390.570.530.39-0.120.52-0.480.770.780.740.210.530.770.840.760.770.58-0.660.56
0.920.9-0.10.930.76-0.150.610.370.840.61-0.170.58-0.450.910.910.670.370.680.880.980.910.770.71-0.840.6
0.660.560.070.730.470.010.780.070.740.780.080.56-0.160.640.630.350.530.30.510.740.780.580.71-0.410.28
-0.89-0.890.11-0.69-0.850.27-0.49-0.56-0.67-0.490.33-0.580.43-0.89-0.9-0.74-0.23-0.61-0.76-0.79-0.68-0.66-0.84-0.41-0.74
0.780.69-0.10.460.93-0.110.290.840.310.29-0.140.72-0.250.780.810.90.010.230.590.540.420.560.60.28-0.74
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PRA Account Relationship Matchups

PRA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.5B4.4B4.2B4.5B4.8B
Short Long Term Debt Total4.6B4.2B3.8B2.6B3.1B3.2B
Other Current Liab106.2M132.7M124.6M(1.1B)(10.0M)(9.5M)
Total Stockholder Equity1.2B1.3B1.3B1.2B1.2B701.6M
Net Debt2.8B2.6B2.6B2.5B4.3B4.5B
Accounts Payable4.3M5.3M3.8M7.3M6.3M5.0M
Cash119.8M108.6M87.6M83.4M112.5M62.3M
Other Assets89.6M278.3M1.4B3.4B3.7B3.9B
Long Term Debt2.8B2.7B1.4B1.4B1.5B959.3M
Cash And Short Term Investments119.8M108.6M87.6M83.4M112.5M62.3M
Common Stock Shares Outstanding45.6M45.9M45.3M39.9M39.2M50.1M
Liabilities And Stockholders Equity4.4B4.5B4.4B4.2B4.5B4.8B
Non Current Liabilities Total1.2B1.2B1.6B1.6B3.0B3.2B
Other Stockholder Equity67.3M(1.4B)(1.6B)2.2M7.1M7.4M
Total Liab3.2B3.1B3.0B2.9B3.3B3.5B
Total Current Assets3.7B3.6B3.6B3.4B3.8B4.0B
Property Plant Equipment56.5M58.4M111.2M106.2M122.1M128.2M
Other Liab87.9M95.9M96.0M58.2M66.9M100.5M
Total Current Liabilities2.0B1.8B1.4B1.3B24.2M23.0M
Property Plant And Equipment Net125.5M111.3M111.2M106.2M82.3M48.7M
Retained Earnings1.4B1.5B1.6B1.6B1.5B793.0M
Non Current Assets Total757.4M807.7M809.2M765.5M704.6M412.6M
Non Currrent Assets Other31.7M64.5M57.0M86.6M43.6M45.8M
Net Receivables3.5B3.5B3.5B3.3B3.7B2.0B
Common Stock Total Equity453K454K456K410K471.5K323.2K
Other Current Assets(3.7B)(3.7B)(3.6B)(3.4B)(3.8B)(3.6B)
Property Plant And Equipment Gross125.5M111.3M111.2M106.2M208.8M219.2M
Common Stock454K456K410K390K392K349.8K
Good Will480.8M493.0M480.3M435.9M431.6M290.9M
Short Term Investments779K323K6.3M37.3M22.8M31.6M
Short Term Debt1.8B1.6B1.2B1.1B10.0M9.5M
Accumulated Other Comprehensive Income(261.0M)(245.8M)(266.9M)(347.9M)(329.9M)(313.4M)
Net Tangible Assets684.1M848.9M806.1M791.7M910.5M644.0M
Noncontrolling Interest In Consolidated Entity28.8M57.6M31.6M38.5M44.3M27.4M
Retained Earnings Total Equity1.3B1.4B1.5B1.6B1.8B1.1B
Long Term Debt Total2.5B2.8B2.7B2.6B3.0B1.8B
Capital Surpluse53.9M60.3M67.3M75.3M67.8M81.3M
Inventory(323K)3.7B3.6B3.4B(21.8M)(20.7M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PRA Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PRA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pra Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pra Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Consumer Finance 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 PRA. If investors know PRA 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 PRA 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
(0.48)
Earnings Share
1.1
Revenue Per Share
26.515
Quarterly Revenue Growth
0.301
Return On Assets
0.0393
The market value of PRA Group is measured differently than its book value, which is the value of PRA that is recorded on the company's balance sheet. Investors also form their own opinion of PRA's value that differs from its market value or its book value, called intrinsic value, which is PRA's 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 PRA's market value can be influenced by many factors that don't directly affect PRA's 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 PRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PRA's 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.