Procaps Interest Expense vs Total Other Income Expense Net 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 Interest Expense and its Total Other Income Expense Net 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.

Interest Expense vs Total Other Income Expense Net

Interest Expense vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procaps Group SA Interest Expense account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Procaps Group's Interest Expense and Total Other Income Expense Net is -0.67. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Other Income Expense Net 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 Interest Expense and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Procaps Group SA are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Expense i.e., Procaps Group's Interest Expense and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Other Income Expense Net

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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