Proto Research Development vs Net Income Analysis

PRLB Stock

USD 41.50 1.76 4.43%

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

For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.

Research Development vs Net Income

Research Development vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Proto Labs Research Development account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Proto Labs' Research Development and Net Income is -0.09. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income in the same time period over historical financial statements of Proto Labs, assuming nothing else is changed. The correlation between historical values of Proto Labs' Research Development and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Proto Labs are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Research Development i.e., Proto Labs' Research Development and Net Income go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Research Development

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Proto Labs financial statement analysis. It represents the amount of money remaining after all of Proto Labs operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.At present, Proto Labs' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.99, whereas Selling General Administrative is forecasted to decline to about 38.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	222.7M	215.5M	222.0M	168.5M
Total Revenue	488.1M	488.4M	503.9M	325.0M

Gross Profit Total Revenue

Proto Labs fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.56	0.01	0.42	0.49	0.61	0.53	0.9	-0.57	0.57	0.6	0.53	0.51	0.61	0.54	0.97	0.54	-0.48	0.67	0.63	0.53	0.02	0.41	0.66	0.12	0.99
Total Assets	0.56		0.62	0.8	0.95	1.0	0.98	0.28	-0.67	0.96	0.96	0.74	0.99	0.69	0.98	0.65	0.26	0.4	0.94	0.86	0.92	0.81	0.75	0.89	0.48	0.61
Short Long Term Debt Total	0.01	0.62		0.49	0.78	0.57	0.7	-0.18	-0.34	0.6	0.54	0.48	0.62	0.4	0.65	0.02	0.05	0.67	0.52	0.58	0.54	0.86	0.44	0.55	0.79	0.04
Other Current Liab	0.42	0.8	0.49		0.79	0.79	0.83	0.18	-0.73	0.85	0.78	0.75	0.74	0.76	0.81	0.52	0.43	0.34	0.75	0.56	0.66	0.68	0.7	0.85	0.1	0.46
Total Current Liabilities	0.49	0.95	0.78	0.79		0.94	0.95	0.24	-0.56	0.9	0.9	0.65	0.94	0.62	0.97	0.55	0.28	0.41	0.91	0.84	0.88	0.85	0.71	0.85	0.65	0.53
Total Stockholder Equity	0.61	1.0	0.57	0.79	0.94		0.97	0.33	-0.67	0.96	0.96	0.74	0.98	0.7	0.97	0.7	0.29	0.33	0.95	0.86	0.93	0.76	0.75	0.9	0.46	0.66
Property Plant And Equipment Net	0.53	0.98	0.7	0.83	0.95	0.97		0.26	-0.74	0.97	0.93	0.82	0.96	0.75	0.95	0.6	0.26	0.46	0.91	0.83	0.87	0.84	0.75	0.92	0.47	0.57
Current Deferred Revenue	0.9	0.28	-0.18	0.18	0.24	0.33	0.26		-0.33	0.29	0.34	0.29	0.24	0.34	0.28	0.8	0.31	-0.63	0.4	0.43	0.29	-0.22	0.15	0.36	0.0	0.83
Net Debt	-0.57	-0.67	-0.34	-0.73	-0.56	-0.67	-0.74	-0.33		-0.78	-0.63	-0.97	-0.57	-0.94	-0.58	-0.62	-0.46	-0.22	-0.59	-0.57	-0.47	-0.46	-0.67	-0.88	0.04	-0.61
Retained Earnings	0.57	0.96	0.6	0.85	0.9	0.96	0.97	0.29	-0.78		0.96	0.84	0.93	0.81	0.92	0.63	0.39	0.4	0.89	0.78	0.82	0.78	0.69	0.95	0.34	0.62
Accounts Payable	0.6	0.96	0.54	0.78	0.9	0.96	0.93	0.34	-0.63	0.96		0.69	0.94	0.66	0.94	0.64	0.33	0.33	0.92	0.78	0.86	0.74	0.66	0.86	0.38	0.64
Cash	0.53	0.74	0.48	0.75	0.65	0.74	0.82	0.29	-0.97	0.84	0.69		0.66	0.95	0.65	0.59	0.42	0.32	0.64	0.64	0.54	0.58	0.61	0.92	0.1	0.58
Non Current Assets Total	0.51	0.99	0.62	0.74	0.94	0.98	0.96	0.24	-0.57	0.93	0.94	0.66		0.58	0.97	0.59	0.15	0.43	0.93	0.85	0.94	0.82	0.74	0.82	0.52	0.55
Cash And Short Term Investments	0.61	0.69	0.4	0.76	0.62	0.7	0.75	0.34	-0.94	0.81	0.66	0.95	0.58		0.61	0.67	0.68	0.14	0.64	0.58	0.48	0.46	0.53	0.93	0.06	0.67
Net Receivables	0.54	0.98	0.65	0.81	0.97	0.97	0.95	0.28	-0.58	0.92	0.94	0.65	0.97	0.61		0.63	0.25	0.35	0.96	0.83	0.93	0.79	0.75	0.85	0.53	0.58
Common Stock Total Equity	0.97	0.65	0.02	0.52	0.55	0.7	0.6	0.8	-0.62	0.63	0.64	0.59	0.59	0.67	0.63		0.55	-0.41	0.75	0.67	0.61	0.1	0.49	0.74	0.11	0.98
Short Term Investments	0.54	0.26	0.05	0.43	0.28	0.29	0.26	0.31	-0.46	0.39	0.33	0.42	0.15	0.68	0.25	0.55		-0.33	0.37	0.17	0.12	-0.02	0.12	0.56	-0.06	0.6
Non Current Liabilities Total	-0.48	0.4	0.67	0.34	0.41	0.33	0.46	-0.63	-0.22	0.4	0.33	0.32	0.43	0.14	0.35	-0.41	-0.33		0.16	0.24	0.28	0.83	0.35	0.24	0.3	-0.43
Inventory	0.67	0.94	0.52	0.75	0.91	0.95	0.91	0.4	-0.59	0.89	0.92	0.64	0.93	0.64	0.96	0.75	0.37	0.16		0.78	0.92	0.64	0.73	0.86	0.49	0.7
Other Current Assets	0.63	0.86	0.58	0.56	0.84	0.86	0.83	0.43	-0.57	0.78	0.78	0.64	0.85	0.58	0.83	0.67	0.17	0.24	0.78		0.76	0.65	0.61	0.77	0.56	0.67
Other Stockholder Equity	0.53	0.92	0.54	0.66	0.88	0.93	0.87	0.29	-0.47	0.82	0.86	0.54	0.94	0.48	0.93	0.61	0.12	0.28	0.92	0.76		0.7	0.73	0.74	0.56	0.55
Total Liab	0.02	0.81	0.86	0.68	0.85	0.76	0.84	-0.22	-0.46	0.78	0.74	0.58	0.82	0.46	0.79	0.1	-0.02	0.83	0.64	0.65	0.7		0.64	0.65	0.57	0.07
Property Plant And Equipment Gross	0.41	0.75	0.44	0.7	0.71	0.75	0.75	0.15	-0.67	0.69	0.66	0.61	0.74	0.53	0.75	0.49	0.12	0.35	0.73	0.61	0.73	0.64		0.69	0.29	0.41
Total Current Assets	0.66	0.89	0.55	0.85	0.85	0.9	0.92	0.36	-0.88	0.95	0.86	0.92	0.82	0.93	0.85	0.74	0.56	0.24	0.86	0.77	0.74	0.65	0.69		0.29	0.72
Short Term Debt	0.12	0.48	0.79	0.1	0.65	0.46	0.47	0.0	0.04	0.34	0.38	0.1	0.52	0.06	0.53	0.11	-0.06	0.3	0.49	0.56	0.56	0.57	0.29	0.29		0.13
Common Stock	0.99	0.61	0.04	0.46	0.53	0.66	0.57	0.83	-0.61	0.62	0.64	0.58	0.55	0.67	0.58	0.98	0.6	-0.43	0.7	0.67	0.55	0.07	0.41	0.72	0.13

Click cells to compare fundamentals

Proto Labs Account Relationship Matchups

Proto Labs fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	27.0M	26.9M	27.7M	27.4M	26.2M	26.3M
Total Assets	673.7M	744.2M	928.6M	802.2M	772.4M	487.9M
Other Current Liab	27.4M	24.4M	21.8M	16.0M	30.3M	17.9M
Total Current Liabilities	47.6M	50.3M	54.9M	71.6M	49.7M	35.8M
Total Stockholder Equity	585.8M	644.4M	828.5M	697.6M	695.3M	422.6M
Property Plant And Equipment Net	275.1M	294.9M	287.8M	279.2M	259.2M	170.1M
Net Debt	(113.3M)	(114.3M)	(58.5M)	(35.2M)	(78.3M)	(82.2M)
Retained Earnings	324.7M	362.9M	376.7M	258.2M	256.4M	178.4M
Accounts Payable	16.8M	18.2M	25.4M	17.4M	15.6M	13.2M
Cash	125.2M	127.6M	65.9M	56.6M	83.8M	61.4M
Non Current Assets Total	437.2M	502.2M	745.1M	615.6M	571.7M	334.6M
Cash And Short Term Investments	160.7M	161.7M	77.5M	80.1M	102.8M	90.4M
Net Receivables	57.5M	58.4M	81.4M	80.3M	75.1M	46.2M
Short Term Investments	35.4M	34.1M	11.6M	23.6M	19.0M	29.0M
Liabilities And Stockholders Equity	673.7M	744.2M	928.6M	802.2M	772.4M	487.9M
Non Current Liabilities Total	40.3M	49.6M	45.2M	32.9M	27.4M	29.5M
Inventory	10.1M	10.9M	13.2M	13.6M	13.7M	9.1M
Other Current Assets	8.2M	11.0M	11.5M	12.6M	9.1M	7.7M
Other Stockholder Equity	268.1M	284.8M	468.5M	473.7M	466.9M	241.8M
Total Liab	87.9M	99.8M	100.1M	104.5M	77.1M	65.3M
Property Plant And Equipment Gross	275.1M	294.9M	280.3M	279.2M	489.4M	513.9M
Total Current Assets	236.4M	242.0M	183.5M	186.6M	200.7M	153.4M
Accumulated Other Comprehensive Income	(7.0M)	(3.4M)	(16.8M)	(34.4M)	(28.0M)	(26.6M)
Other Liab	31.7M	40.1M	41.6M	30.7M	35.3M	37.1M
Property Plant Equipment	263.7M	282.7M	287.8M	257.8M	296.5M	169.1M
Net Tangible Assets	585.8M	515.6M	389.9M	392.4M	451.3M	401.7M
Non Currrent Assets Other	3.0M	4.8M	4.3M	4.8M	4.9M	2.8M
Other Assets	3.0M	53.9M	4.3M	4.8M	5.5M	7.4M
Retained Earnings Total Equity	324.7M	362.9M	376.7M	258.2M	297.0M	220.6M
Capital Surpluse	268.1M	284.8M	468.5M	473.7M	544.8M	299.4M
Long Term Investments	13.0M	59.4M	14.3M	26.4M	8.0M	7.6M
Non Current Liabilities Other	5.4M	1.9M	5.7M	4.4M	5.0M	4.3M

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When determining whether Proto Labs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Proto Labs' 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 Proto Labs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proto Labs Stock:

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What is Proto Labs' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Proto Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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 Proto Labs. If investors know Proto 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 Proto Labs 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

(0.06)

Earnings Share

0.94

Revenue Per Share

19.816

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0242

The market value of Proto Labs is measured differently than its book value, which is the value of Proto that is recorded on the company's balance sheet. Investors also form their own opinion of Proto Labs' value that differs from its market value or its book value, called intrinsic value, which is Proto Labs' 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 Proto Labs' market value can be influenced by many factors that don't directly affect Proto Labs' 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 Proto Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proto Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proto Labs' 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.

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Proto Research Development vs Net Income Analysis

Research Development vs Net Income

Research Development vs Net Income Correlation Analysis

Correlation Coefficient

Research Development

Net Income

Proto Labs fundamental ratios Correlations

Proto Labs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Proto Labs fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity

Cash	- 0.97	Net Debt
Cash And Short Term Investments	- 0.94	Net Debt
Total Current Assets	- 0.88	Net Debt
Retained Earnings	- 0.78	Net Debt
Net Debt	- 0.74	Property Plant And Equipment Net
Net Debt	- 0.73	Other Current Liab