PRA Long Term Debt vs Good Will 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 Long Term Debt and its Good Will 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.

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PRA Group Long Term Debt account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PRA's Long Term Debt and Good Will is 0.88. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will 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 Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of PRA Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., PRA's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that PRA Group has held for over one year. Long-term debt appears on PRA Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PRA Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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
Click cells to compare fundamentals

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.