Procaps Depreciation And Amortization vs Other Operating Expenses Analysis

PROCW Stock  USD 0.01  0  17.29%   
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 Depreciation And Amortization and its Other Operating Expenses 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 main economic indicators.

Depreciation And Amortization vs Other Operating Expenses

Depreciation And Amortization vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procaps Group SA Depreciation And Amortization account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Procaps Group's Depreciation And Amortization and Other Operating Expenses is -0.52. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses 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 Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Procaps Group SA are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Procaps Group's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Procaps Group SA. It is also known as Procaps Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 main economic indicators.
Enterprise Value is likely to climb to about 1.6 B in 2024, whereas Tax Provision is likely to drop slightly above 12.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense85.3M34.5M38.2M40.4M
Depreciation And Amortization15.1M16.8M15.2M13.0M

Procaps Group fundamental ratios Correlations

-0.95-0.930.680.96-0.6-0.9-0.95-0.83-0.890.92-0.640.49-0.930.920.93-0.88-0.01-0.840.960.560.98-0.940.95-0.690.87
-0.950.83-0.53-0.980.60.771.00.890.89-0.960.68-0.690.93-0.96-0.810.81-0.180.82-0.88-0.67-0.970.95-0.840.69-0.74
-0.930.83-0.65-0.890.590.980.820.80.89-0.810.55-0.180.89-0.81-0.910.880.350.82-0.88-0.43-0.880.85-0.920.55-0.83
0.68-0.53-0.650.61-0.45-0.77-0.48-0.22-0.370.37-0.52-0.02-0.730.370.89-0.810.07-0.830.85-0.190.62-0.710.87-0.870.78
0.96-0.98-0.890.61-0.66-0.86-0.97-0.87-0.910.92-0.710.55-0.980.920.86-0.890.06-0.90.910.560.96-0.970.89-0.720.79
-0.60.60.59-0.45-0.660.570.540.360.74-0.420.97-0.250.72-0.42-0.580.830.020.76-0.56-0.09-0.460.75-0.560.55-0.8
-0.90.770.98-0.77-0.860.570.760.690.81-0.720.54-0.070.89-0.72-0.950.90.340.85-0.9-0.27-0.840.83-0.950.63-0.85
-0.951.00.82-0.48-0.970.540.760.920.89-0.980.61-0.70.9-0.98-0.780.77-0.150.77-0.86-0.73-0.970.92-0.820.64-0.7
-0.830.890.8-0.22-0.870.360.690.920.87-0.960.38-0.590.76-0.96-0.610.590.10.58-0.67-0.84-0.880.74-0.660.35-0.48
-0.890.890.89-0.37-0.910.740.810.890.87-0.880.7-0.460.85-0.88-0.730.810.210.73-0.75-0.65-0.840.86-0.760.43-0.78
0.92-0.96-0.810.370.92-0.42-0.72-0.98-0.96-0.88-0.470.69-0.811.00.72-0.660.06-0.650.80.830.96-0.830.76-0.490.62
-0.640.680.55-0.52-0.710.970.540.610.380.7-0.47-0.420.78-0.47-0.620.84-0.220.82-0.63-0.12-0.540.83-0.60.7-0.79
0.49-0.69-0.18-0.020.55-0.25-0.07-0.7-0.59-0.460.69-0.42-0.430.690.22-0.240.67-0.30.380.760.57-0.530.26-0.370.22
-0.930.930.89-0.73-0.980.720.890.90.760.85-0.810.78-0.43-0.81-0.910.96-0.050.97-0.93-0.38-0.910.99-0.920.82-0.84
0.92-0.96-0.810.370.92-0.42-0.72-0.98-0.96-0.881.0-0.470.69-0.810.72-0.660.06-0.650.80.830.96-0.830.76-0.490.62
0.93-0.81-0.910.890.86-0.58-0.95-0.78-0.61-0.730.72-0.620.22-0.910.72-0.93-0.06-0.90.980.230.88-0.91.0-0.80.91
-0.880.810.88-0.81-0.890.830.90.770.590.81-0.660.84-0.240.96-0.66-0.930.050.97-0.91-0.17-0.80.94-0.920.81-0.93
-0.01-0.180.350.070.060.020.34-0.150.10.210.06-0.220.67-0.050.06-0.060.05-0.090.080.080.08-0.16-0.06-0.45-0.09
-0.840.820.82-0.83-0.90.760.850.770.580.73-0.650.82-0.30.97-0.65-0.90.97-0.09-0.91-0.14-0.80.95-0.90.89-0.85
0.96-0.88-0.880.850.91-0.56-0.9-0.86-0.67-0.750.8-0.630.38-0.930.80.98-0.910.08-0.910.330.93-0.930.99-0.840.88
0.56-0.67-0.43-0.190.56-0.09-0.27-0.73-0.84-0.650.83-0.120.76-0.380.830.23-0.170.08-0.140.330.64-0.420.280.00.17
0.98-0.97-0.880.620.96-0.46-0.84-0.97-0.88-0.840.96-0.540.57-0.910.960.88-0.80.08-0.80.930.64-0.910.91-0.680.75
-0.940.950.85-0.71-0.970.750.830.920.740.86-0.830.83-0.530.99-0.83-0.90.94-0.160.95-0.93-0.42-0.91-0.90.83-0.87
0.95-0.84-0.920.870.89-0.56-0.95-0.82-0.66-0.760.76-0.60.26-0.920.761.0-0.92-0.06-0.90.990.280.91-0.9-0.790.9
-0.690.690.55-0.87-0.720.550.630.640.350.43-0.490.7-0.370.82-0.49-0.80.81-0.450.89-0.840.0-0.680.83-0.79-0.7
0.87-0.74-0.830.780.79-0.8-0.85-0.7-0.48-0.780.62-0.790.22-0.840.620.91-0.93-0.09-0.850.880.170.75-0.870.9-0.7
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Procaps Group Account Relationship Matchups

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