Procaps Other Operating Expenses vs Total Revenue 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 Other Operating Expenses and its Total Revenue 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.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procaps Group SA Other Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Procaps Group's Other Operating Expenses and Total Revenue is 0.9. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue 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 Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Procaps Group SA are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Procaps Group's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Revenue
Total revenue comprises all receipts Procaps Group SA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Expense | 85.3M | 34.5M | 38.2M | 40.4M | Depreciation And Amortization | 15.1M | 16.8M | 15.2M | 13.0M |
Procaps Group fundamental ratios Correlations
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Procaps Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Procaps Group's price analysis, check to measure Procaps Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Procaps Group is operating at the current time. Most of Procaps Group's value examination focuses on studying past and present price action to predict the probability of Procaps Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procaps Group's price. Additionally, you may evaluate how the addition of Procaps Group to your portfolios can decrease your overall portfolio volatility.