PRA Common Stock vs Total 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 Common Stock and its Total 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.
Common Stock vs Total Assets
Common Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PRA Group Common Stock account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PRA's Common Stock and Total Assets is 0.44. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total 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 Common Stock and Total 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 Common Stock of PRA Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., PRA's Common Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Total Assets
Total assets refers to the total amount of PRA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PRA Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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 Profit | 718.1M | 612.1M | 504.7M | 413.5M | Total Revenue | 1.1B | 968.8M | 802.6M | 589.0M |
PRA fundamental ratios Correlations
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PRA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PRA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4B | 4.5B | 4.4B | 4.2B | 4.5B | 4.8B | |
Short Long Term Debt Total | 4.6B | 4.2B | 3.8B | 2.6B | 3.1B | 3.2B | |
Other Current Liab | 106.2M | 132.7M | 124.6M | (1.1B) | (10.0M) | (9.5M) | |
Total Stockholder Equity | 1.2B | 1.3B | 1.3B | 1.2B | 1.2B | 701.6M | |
Net Debt | 2.8B | 2.6B | 2.6B | 2.5B | 4.3B | 4.5B | |
Accounts Payable | 4.3M | 5.3M | 3.8M | 7.3M | 6.3M | 5.0M | |
Cash | 119.8M | 108.6M | 87.6M | 83.4M | 112.5M | 62.3M | |
Other Assets | 89.6M | 278.3M | 1.4B | 3.4B | 3.7B | 3.9B | |
Long Term Debt | 2.8B | 2.7B | 1.4B | 1.4B | 1.5B | 959.3M | |
Cash And Short Term Investments | 119.8M | 108.6M | 87.6M | 83.4M | 112.5M | 62.3M | |
Common Stock Shares Outstanding | 45.6M | 45.9M | 45.3M | 39.9M | 39.2M | 50.1M | |
Liabilities And Stockholders Equity | 4.4B | 4.5B | 4.4B | 4.2B | 4.5B | 4.8B | |
Non Current Liabilities Total | 1.2B | 1.2B | 1.6B | 1.6B | 3.0B | 3.2B | |
Other Stockholder Equity | 67.3M | (1.4B) | (1.6B) | 2.2M | 7.1M | 7.4M | |
Total Liab | 3.2B | 3.1B | 3.0B | 2.9B | 3.3B | 3.5B | |
Total Current Assets | 3.7B | 3.6B | 3.6B | 3.4B | 3.8B | 4.0B | |
Property Plant Equipment | 56.5M | 58.4M | 111.2M | 106.2M | 122.1M | 128.2M | |
Other Liab | 87.9M | 95.9M | 96.0M | 58.2M | 66.9M | 100.5M | |
Total Current Liabilities | 2.0B | 1.8B | 1.4B | 1.3B | 24.2M | 23.0M | |
Property Plant And Equipment Net | 125.5M | 111.3M | 111.2M | 106.2M | 82.3M | 48.7M | |
Retained Earnings | 1.4B | 1.5B | 1.6B | 1.6B | 1.5B | 793.0M | |
Non Current Assets Total | 757.4M | 807.7M | 809.2M | 765.5M | 704.6M | 412.6M | |
Non Currrent Assets Other | 31.7M | 64.5M | 57.0M | 86.6M | 43.6M | 45.8M | |
Net Receivables | 3.5B | 3.5B | 3.5B | 3.3B | 3.7B | 2.0B | |
Common Stock Total Equity | 453K | 454K | 456K | 410K | 471.5K | 323.2K | |
Other Current Assets | (3.7B) | (3.7B) | (3.6B) | (3.4B) | (3.8B) | (3.6B) | |
Property Plant And Equipment Gross | 125.5M | 111.3M | 111.2M | 106.2M | 208.8M | 219.2M | |
Common Stock | 454K | 456K | 410K | 390K | 392K | 349.8K | |
Good Will | 480.8M | 493.0M | 480.3M | 435.9M | 431.6M | 290.9M | |
Short Term Investments | 779K | 323K | 6.3M | 37.3M | 22.8M | 31.6M | |
Short Term Debt | 1.8B | 1.6B | 1.2B | 1.1B | 10.0M | 9.5M | |
Accumulated Other Comprehensive Income | (261.0M) | (245.8M) | (266.9M) | (347.9M) | (329.9M) | (313.4M) | |
Net Tangible Assets | 684.1M | 848.9M | 806.1M | 791.7M | 910.5M | 644.0M | |
Noncontrolling Interest In Consolidated Entity | 28.8M | 57.6M | 31.6M | 38.5M | 44.3M | 27.4M | |
Retained Earnings Total Equity | 1.3B | 1.4B | 1.5B | 1.6B | 1.8B | 1.1B | |
Long Term Debt Total | 2.5B | 2.8B | 2.7B | 2.6B | 3.0B | 1.8B | |
Capital Surpluse | 53.9M | 60.3M | 67.3M | 75.3M | 67.8M | 81.3M | |
Inventory | (323K) | 3.7B | 3.6B | 3.4B | (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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.