PROG Total Stockholder Equity vs Other Current Assets Analysis
PRG Stock | USD 47.43 1.09 2.35% |
PROG Holdings financial indicator trend analysis is much more than just breaking down PROG Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PROG Holdings is a good investment. Please check the relationship between PROG Holdings Total Stockholder Equity and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
Total Stockholder Equity vs Other Current Assets
Total Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PROG Holdings Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between PROG Holdings' Total Stockholder Equity and Other Current Assets is 0.36. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of PROG Holdings, assuming nothing else is changed. The correlation between historical values of PROG Holdings' Total Stockholder Equity and Other Current 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 Total Stockholder Equity of PROG Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., PROG Holdings' Total Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from PROG Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PROG Holdings 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 PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.At this time, PROG Holdings' Enterprise Value Multiple is most likely to decrease significantly in the upcoming years. The PROG Holdings' current Enterprise Value is estimated to increase to about 3.2 B, while Discontinued Operations is forecasted to increase to (252.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.7B | 2.6B | 2.4B | 1.5B | Interest Expense | 5.3M | 37.4M | 29.4M | 30.9M |
PROG Holdings fundamental ratios Correlations
Click cells to compare fundamentals
PROG Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PROG Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.3B | 1.3B | 1.6B | 1.5B | 1.5B | 1.1B | |
Short Long Term Debt Total | 710.4M | 79.5M | 615.1M | 612.1M | 608.1M | 638.5M | |
Total Stockholder Equity | 1.7B | 986.1M | 679.4M | 570.5M | 591.3M | 642.9M | |
Net Debt | 652.7M | 42.9M | 444.9M | 480.2M | 452.7M | 475.3M | |
Retained Earnings | 2.0B | 1.2B | 1.1B | 1.2B | 1.3B | 666.6M | |
Non Current Assets Total | 1.5B | 490.5M | 489.4M | 449.2M | 1.1B | 1.1B | |
Non Currrent Assets Other | 31.9M | 39.6M | 7.4M | 6.5M | 647.8M | 680.2M | |
Common Stock Shares Outstanding | 67.3M | 67.3M | 66.0M | 51.9M | 46.6M | 74.4M | |
Liabilities And Stockholders Equity | 3.3B | 1.3B | 1.6B | 1.5B | 1.5B | 1.1B | |
Non Current Liabilities Total | 1.0B | 206.5M | 761.3M | 749.3M | 743.0M | 780.1M | |
Other Stockholder Equity | (337.7M) | (295.6M) | (417.2M) | (624.8M) | (742.8M) | (705.6M) | |
Total Liab | 1.6B | 331.3M | 942.4M | 921.4M | 899.9M | 490.0M | |
Other Current Liab | (194.4M) | (50M) | 122.2M | 120.6M | 68.9M | 79.1M | |
Total Current Liabilities | 539.7M | 124.8M | 181.0M | 172.1M | 156.9M | 204.9M | |
Property Plant And Equipment Net | 566.9M | 47.3M | 43.1M | 35.7M | 33.4M | 31.7M | |
Accounts Payable | 272.8M | 78.2M | 13.7M | 14.4M | 20.2M | 19.2M | |
Cash | 57.8M | 36.6M | 170.2M | 131.9M | 155.4M | 163.2M | |
Cash And Short Term Investments | 57.8M | 36.6M | 170.2M | 131.9M | 155.4M | 163.2M | |
Net Receivables | 198.1M | 140.4M | 199.9M | 214.4M | 194.7M | 204.4M | |
Inventory | 1.4B | 610.3M | 714.1M | 648.0M | 633.4M | 784.6M | |
Property Plant And Equipment Gross | 431.8M | 28.3M | 43.1M | 35.7M | 94.8M | 186.5M | |
Total Current Assets | 1.8B | 826.9M | 1.1B | 1.0B | 419.4M | 663.9M | |
Other Current Assets | 114.3M | 39.6M | 48.2M | 48.5M | (564.2M) | (536.0M) | |
Current Deferred Revenue | 91.9M | 46.6M | 45.1M | 37.1M | 35.7M | 58.2M | |
Short Term Debt | 369.4M | 50M | 589.7M | 591.0M | 679.6M | 713.6M | |
Intangible Assets | 190.8M | 154.4M | 137.3M | 114.4M | 91.7M | 114.5M | |
Good Will | 736.6M | 288.8M | 306.2M | 296.1M | 340.5M | 391.8M | |
Other Assets | 661.7M | 1.1B | 913.4M | 846.4M | 973.3M | 651.3M | |
Long Term Debt | 338.4M | 50M | 589.7M | 591.0M | 592.3M | 455.0M | |
Long Term Debt Total | 341.0M | 50M | 589.7M | 591.0M | 531.9M | 347.0M | |
Capital Surpluse | 290.2M | 318.3M | 332.2M | 338.8M | 389.6M | 319.4M | |
Treasury Stock | (567.8M) | (627.9M) | (613.9M) | (749.4M) | (674.5M) | (708.2M) | |
Property Plant Equipment | 41.8M | 35.8M | 43.1M | 683.8M | 615.4M | 646.2M | |
Other Liab | 144.5M | 173.5M | 191.3M | 174.3M | 156.9M | 189.8M | |
Net Tangible Assets | 1.3B | 531.4M | 235.9M | 160.0M | 144.0M | 136.8M |
Currently Active Assets on Macroaxis
When determining whether PROG Holdings is a strong investment it is important to analyze PROG Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Industrial Machinery & Supplies & Components 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 PROG Holdings. If investors know PROG 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 PROG Holdings 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 1.553 | Dividend Share 0.36 | Earnings Share 3.61 | Revenue Per Share 55.825 | Quarterly Revenue Growth 0.04 |
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' 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 PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' 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 PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' 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.