Procaps Long Term Investments vs Accounts Payable Analysis

PROC Stock  USD 1.11  0.54  94.74%   
Procaps Group financial indicator trend analysis is much more than just breaking down Procaps Group SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procaps Group SA is a good investment. Please check the relationship between Procaps Group Long Term Investments and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procaps Group SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procaps Group SA Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Procaps Group's Long Term Investments and Accounts Payable is 0.43. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Procaps Group SA, assuming nothing else is changed. The correlation between historical values of Procaps Group's Long Term Investments and Accounts Payable 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 Investments of Procaps Group SA are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Procaps Group's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Procaps Group balance sheet that represents investments Procaps Group SA intends to hold for over a year. Procaps Group SA long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Procaps Group 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 Procaps Group SA 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.
Most indicators from Procaps Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procaps Group SA 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 Procaps Group SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Enterprise Value is expected to grow to about 1.6 B, whereas Tax Provision is forecasted to decline to about 12.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense85.3M25.8M38.2M39.0M
Depreciation And Amortization15.1M16.8M15.2M13.0M

Procaps Group fundamental ratios Correlations

-0.95-0.940.680.960.88-0.04-0.6-0.77-0.95-0.83-0.890.92-0.640.490.93-0.930.920.87-0.88-0.9-0.840.960.120.97-0.94
-0.950.88-0.53-0.98-0.760.080.60.651.00.890.89-0.960.68-0.69-0.80.93-0.96-0.780.810.920.82-0.88-0.1-0.970.95
-0.940.88-0.51-0.92-0.960.320.550.910.890.90.94-0.90.52-0.33-0.960.87-0.9-0.70.810.860.75-0.84-0.35-0.890.84
0.68-0.53-0.510.610.530.36-0.45-0.42-0.48-0.22-0.370.37-0.52-0.020.64-0.730.370.94-0.81-0.55-0.830.85-0.510.63-0.71
0.96-0.98-0.920.610.8-0.12-0.66-0.73-0.97-0.87-0.910.92-0.710.550.84-0.980.920.81-0.89-0.94-0.90.910.040.95-0.97
0.88-0.76-0.960.530.8-0.36-0.4-0.91-0.78-0.81-0.840.82-0.330.170.97-0.750.820.68-0.72-0.72-0.630.80.430.82-0.71
-0.040.080.320.36-0.12-0.36-0.350.310.150.510.19-0.27-0.440.1-0.130.0-0.270.24-0.17-0.07-0.150.11-0.69-0.1-0.11
-0.60.60.55-0.45-0.66-0.4-0.350.630.540.360.74-0.420.97-0.25-0.570.72-0.42-0.510.830.860.76-0.560.26-0.460.75
-0.770.650.91-0.42-0.73-0.910.310.630.650.70.88-0.660.5-0.01-0.910.72-0.66-0.530.760.770.64-0.66-0.37-0.640.67
-0.951.00.89-0.48-0.97-0.780.150.540.650.920.89-0.980.61-0.7-0.80.9-0.98-0.740.770.890.77-0.86-0.18-0.970.92
-0.830.890.9-0.22-0.87-0.810.510.360.70.920.87-0.960.38-0.59-0.750.76-0.96-0.510.590.760.58-0.67-0.47-0.870.74
-0.890.890.94-0.37-0.91-0.840.190.740.880.890.87-0.880.7-0.46-0.880.85-0.88-0.590.810.940.73-0.75-0.31-0.820.86
0.92-0.96-0.90.370.920.82-0.27-0.42-0.66-0.98-0.96-0.88-0.470.690.81-0.811.00.65-0.66-0.82-0.650.80.370.95-0.83
-0.640.680.52-0.52-0.71-0.33-0.440.970.50.610.380.7-0.47-0.42-0.520.78-0.47-0.60.840.880.82-0.630.39-0.550.83
0.49-0.69-0.33-0.020.550.170.1-0.25-0.01-0.7-0.59-0.460.69-0.420.21-0.430.690.28-0.24-0.51-0.30.380.110.6-0.53
0.93-0.8-0.960.640.840.97-0.13-0.57-0.91-0.8-0.75-0.880.81-0.520.21-0.830.810.77-0.84-0.82-0.740.870.270.85-0.81
-0.930.930.87-0.73-0.98-0.750.00.720.720.90.760.85-0.810.78-0.43-0.83-0.81-0.880.960.940.97-0.930.14-0.910.99
0.92-0.96-0.90.370.920.82-0.27-0.42-0.66-0.98-0.96-0.881.0-0.470.690.81-0.810.65-0.66-0.82-0.650.80.370.95-0.83
0.87-0.78-0.70.940.810.680.24-0.51-0.53-0.74-0.51-0.590.65-0.60.280.77-0.880.65-0.88-0.73-0.90.97-0.320.85-0.88
-0.880.810.81-0.81-0.89-0.72-0.170.830.760.770.590.81-0.660.84-0.24-0.840.96-0.66-0.880.920.97-0.910.25-0.790.94
-0.90.920.86-0.55-0.94-0.72-0.070.860.770.890.760.94-0.820.88-0.51-0.820.94-0.82-0.730.920.88-0.830.01-0.840.96
-0.840.820.75-0.83-0.9-0.63-0.150.760.640.770.580.73-0.650.82-0.3-0.740.97-0.65-0.90.970.88-0.910.36-0.80.95
0.96-0.88-0.840.850.910.80.11-0.56-0.66-0.86-0.67-0.750.8-0.630.380.87-0.930.80.97-0.91-0.83-0.91-0.130.93-0.93
0.12-0.1-0.35-0.510.040.43-0.690.26-0.37-0.18-0.47-0.310.370.390.110.270.140.37-0.320.250.010.36-0.130.120.15
0.97-0.97-0.890.630.950.82-0.1-0.46-0.64-0.97-0.87-0.820.95-0.550.60.85-0.910.950.85-0.79-0.84-0.80.930.12-0.92
-0.940.950.84-0.71-0.97-0.71-0.110.750.670.920.740.86-0.830.83-0.53-0.810.99-0.83-0.880.940.960.95-0.930.15-0.92
Click cells to compare fundamentals

Procaps Group Account Relationship Matchups

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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 Procaps Group SA is a strong investment it is important to analyze Procaps Group's 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 Procaps Group's future performance. For an informed investment choice regarding Procaps 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 Procaps Group SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Biotechnology 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 Procaps Group. If investors know Procaps 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 Procaps Group 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
(0.64)
Earnings Share
0.51
Revenue Per Share
4.097
Quarterly Revenue Growth
0.073
Return On Assets
0.0628
The market value of Procaps Group SA is measured differently than its book value, which is the value of Procaps that is recorded on the company's balance sheet. Investors also form their own opinion of Procaps Group's value that differs from its market value or its book value, called intrinsic value, which is Procaps Group'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 Procaps Group's market value can be influenced by many factors that don't directly affect Procaps Group'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 Procaps Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Procaps Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procaps Group'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.