Purple Change To Liabilities vs Stock Based Compensation Analysis

PRPL Stock

USD 0.96 0.04 4.35%

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

For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

Change To Liabilities vs Stock Based Compensation

Change To Liabilities vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purple Innovation Change To Liabilities account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Purple Innovation's Change To Liabilities and Stock Based Compensation is -0.1. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Purple Innovation, assuming nothing else is changed. The correlation between historical values of Purple Innovation's Change To Liabilities and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Purple Innovation are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Liabilities i.e., Purple Innovation's Change To Liabilities and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Liabilities

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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

For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.At this time, Purple Innovation's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 231.1 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 43.6 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	431.3M	365.1M	338.7M	225.9M
Research Development	6.9M	8.8M	11.9M	12.5M

Cost Of Revenue Research Development

Purple Innovation fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Property Plant Equipment	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Common Stock
Total Assets		0.84	0.91	0.78	0.85	-0.61	0.9	0.88	0.81	0.93	0.96	0.64	0.94	0.64	0.83	0.56	0.83	-0.08	0.75	0.88	-0.74	0.73	0.96	0.88	0.79	-0.74
Other Current Liab	0.84		0.97	0.4	0.75	-0.51	0.97	0.87	0.9	0.9	0.92	0.82	0.94	0.45	0.72	0.43	0.53	-0.2	0.69	0.87	-0.89	0.64	0.87	0.76	0.68	-0.89
Total Current Liabilities	0.91	0.97		0.48	0.82	-0.61	0.99	0.88	0.94	0.97	0.97	0.85	0.99	0.61	0.82	0.56	0.63	-0.21	0.67	0.88	-0.91	0.72	0.93	0.89	0.76	-0.91
Total Stockholder Equity	0.78	0.4	0.48		0.62	-0.47	0.46	0.51	0.48	0.56	0.56	0.14	0.54	0.56	0.56	0.43	0.65	0.17	0.43	0.51	-0.37	0.55	0.57	0.57	0.6	-0.37
Net Tangible Assets	0.85	0.75	0.82	0.62		-0.86	0.78	0.72	0.81	0.83	0.83	0.65	0.83	0.85	0.92	0.78	0.76	-0.21	0.49	0.73	-0.74	0.95	0.83	0.85	0.98	-0.74
Retained Earnings	-0.61	-0.51	-0.61	-0.47	-0.86		-0.55	-0.32	-0.7	-0.68	-0.58	-0.55	-0.57	-0.9	-0.93	-0.98	-0.53	0.14	-0.05	-0.33	0.63	-0.98	-0.57	-0.8	-0.94	0.63
Accounts Payable	0.9	0.97	0.99	0.46	0.78	-0.55		0.9	0.9	0.97	0.97	0.84	0.99	0.54	0.79	0.51	0.62	-0.2	0.71	0.9	-0.9	0.67	0.93	0.86	0.71	-0.9
Cash	0.88	0.87	0.88	0.51	0.72	-0.32	0.9		0.71	0.83	0.92	0.64	0.93	0.38	0.61	0.24	0.72	-0.16	0.91	1.0	-0.71	0.5	0.92	0.69	0.59	-0.71
Net Receivables	0.81	0.9	0.94	0.48	0.81	-0.7	0.9	0.71		0.92	0.84	0.83	0.9	0.72	0.8	0.64	0.48	-0.15	0.41	0.71	-0.9	0.77	0.78	0.87	0.8	-0.9
Inventory	0.93	0.9	0.97	0.56	0.83	-0.68	0.97	0.83	0.92		0.97	0.8	0.97	0.68	0.88	0.65	0.68	-0.1	0.63	0.83	-0.88	0.76	0.94	0.95	0.8	-0.88
Total Liab	0.96	0.92	0.97	0.56	0.83	-0.58	0.97	0.92	0.84	0.97		0.77	0.98	0.58	0.83	0.54	0.79	-0.18	0.79	0.92	-0.81	0.7	0.99	0.9	0.76	-0.81
Short Long Term Debt	0.64	0.82	0.85	0.14	0.65	-0.55	0.84	0.64	0.83	0.8	0.77		0.8	0.55	0.68	0.52	0.39	-0.33	0.42	0.64	-0.84	0.61	0.71	0.78	0.63	-0.84
Total Current Assets	0.94	0.94	0.99	0.54	0.83	-0.57	0.99	0.93	0.9	0.97	0.98	0.8		0.6	0.8	0.51	0.71	-0.2	0.75	0.93	-0.86	0.69	0.96	0.88	0.76	-0.86
Short Term Debt	0.64	0.45	0.61	0.56	0.85	-0.9	0.54	0.38	0.72	0.68	0.58	0.55	0.6		0.84	0.88	0.57	-0.14	0.08	0.39	-0.61	0.91	0.56	0.81	0.91	-0.61
Property Plant Equipment	0.83	0.72	0.82	0.56	0.92	-0.93	0.79	0.61	0.8	0.88	0.83	0.68	0.8	0.84		0.91	0.69	-0.13	0.38	0.62	-0.78	0.96	0.82	0.93	0.95	-0.78
Net Debt	0.56	0.43	0.56	0.43	0.78	-0.98	0.51	0.24	0.64	0.65	0.54	0.52	0.51	0.88	0.91		0.48	-0.12	-0.01	0.25	-0.6	0.93	0.53	0.79	0.88	-0.6
Non Current Assets Total	0.83	0.53	0.63	0.65	0.76	-0.53	0.62	0.72	0.48	0.68	0.79	0.39	0.71	0.57	0.69	0.48		-0.15	0.74	0.73	-0.33	0.62	0.85	0.74	0.69	-0.33
Non Currrent Assets Other	-0.08	-0.2	-0.21	0.17	-0.21	0.14	-0.2	-0.16	-0.15	-0.1	-0.18	-0.33	-0.2	-0.14	-0.13	-0.12	-0.15		-0.1	-0.17	0.12	-0.13	-0.17	-0.18	-0.16	0.12
Other Assets	0.75	0.69	0.67	0.43	0.49	-0.05	0.71	0.91	0.41	0.63	0.79	0.42	0.75	0.08	0.38	-0.01	0.74	-0.1		0.91	-0.42	0.23	0.83	0.49	0.33	-0.42
Cash And Short Term Investments	0.88	0.87	0.88	0.51	0.73	-0.33	0.9	1.0	0.71	0.83	0.92	0.64	0.93	0.39	0.62	0.25	0.73	-0.17	0.91		-0.71	0.51	0.92	0.69	0.6	-0.71
Common Stock Total Equity	-0.74	-0.89	-0.91	-0.37	-0.74	0.63	-0.9	-0.71	-0.9	-0.88	-0.81	-0.84	-0.86	-0.61	-0.78	-0.6	-0.33	0.12	-0.42	-0.71		-0.72	-0.74	-0.78	-0.72	1.0
Common Stock Shares Outstanding	0.73	0.64	0.72	0.55	0.95	-0.98	0.67	0.5	0.77	0.76	0.7	0.61	0.69	0.91	0.96	0.93	0.62	-0.13	0.23	0.51	-0.72		0.69	0.84	0.99	-0.72
Non Current Liabilities Total	0.96	0.87	0.93	0.57	0.83	-0.57	0.93	0.92	0.78	0.94	0.99	0.71	0.96	0.56	0.82	0.53	0.85	-0.17	0.83	0.92	-0.74	0.69		0.88	0.75	-0.74
Other Current Assets	0.88	0.76	0.89	0.57	0.85	-0.8	0.86	0.69	0.87	0.95	0.9	0.78	0.88	0.81	0.93	0.79	0.74	-0.18	0.49	0.69	-0.78	0.84	0.88		0.86	-0.78
Other Stockholder Equity	0.79	0.68	0.76	0.6	0.98	-0.94	0.71	0.59	0.8	0.8	0.76	0.63	0.76	0.91	0.95	0.88	0.69	-0.16	0.33	0.6	-0.72	0.99	0.75	0.86		-0.72
Common Stock	-0.74	-0.89	-0.91	-0.37	-0.74	0.63	-0.9	-0.71	-0.9	-0.88	-0.81	-0.84	-0.86	-0.61	-0.78	-0.6	-0.33	0.12	-0.42	-0.71	1.0	-0.72	-0.74	-0.78	-0.72

Click cells to compare fundamentals

Purple Innovation Account Relationship Matchups

Purple Innovation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	147.7M	554.7M	642.5M	433.3M	390.6M	294.4M
Other Current Liab	30.3M	45.1M	37.4M	16.8M	36.5M	20.3M
Total Current Liabilities	86.9M	132.2M	142.0M	99.4M	111.0M	68.8M
Total Stockholder Equity	(2.4M)	159.9M	145.8M	178.0M	115.4M	111.4M
Net Tangible Assets	(3.5M)	150.0M	132.6M	146.8M	168.9M	177.3M
Retained Earnings	(8.3M)	(4.6M)	(261.8M)	(351.5M)	(476.0M)	(452.2M)
Accounts Payable	50.2M	69.6M	79.8M	46.4M	49.8M	35.4M
Cash	33.5M	123.0M	91.6M	41.8M	26.9M	36.4M
Net Receivables	28.7M	29.1M	25.4M	34.6M	37.8M	19.1M
Inventory	47.6M	65.7M	98.7M	73.2M	66.9M	43.6M
Total Liab	152.5M	394.5M	495.9M	254.4M	275.0M	183.2M
Total Current Assets	114.1M	229.1M	229.5M	161.5M	141.8M	101.9M
Short Term Debt	87K	5.2M	9.4M	27.4M	17.0M	17.8M
Property Plant Equipment	32.0M	61.5M	180.7M	136.7M	157.2M	165.0M
Net Debt	1.9M	(29.4M)	90.7M	109.1M	126.1M	132.4M
Non Current Assets Total	33.6M	325.7M	413.0M	271.9M	248.8M	213.9M
Non Currrent Assets Other	525K	1.6M	1.3M	1.5M	2.2M	2.1M
Other Assets	525K	254.2M	219.1M	1.5M	1.8M	1.7M
Long Term Debt	35.4M	41.4M	94.1M	23.7M	26.9M	30.7M
Cash And Short Term Investments	33.5M	123.0M	91.6M	41.8M	26.9M	40.4M
Common Stock Shares Outstanding	10.0M	39.2M	67.3M	81.8M	103.9M	109.1M
Liabilities And Stockholders Equity	147.7M	554.7M	642.5M	433.3M	390.6M	327.0M
Non Current Liabilities Total	65.6M	262.3M	353.9M	155.0M	164.0M	127.0M
Other Current Assets	3.4M	5.4M	13.8M	11.9M	10.3M	5.7M
Other Stockholder Equity	6.0M	333.0M	407.6M	529.5M	591.4M	620.9M
Intangible Assets	1.1M	9.9M	13.2M	26.2M	22.2M	23.3M
Other Liab	30.2M	171.9M	178.6M	17.9M	20.6M	19.5M
Non Current Liabilities Other	8.6M	262.3M	353.9M	157.1M	180.7M	163.6M
Short Long Term Debt Total	35.5M	93.6M	182.3M	150.9M	153.0M	100.1M
Net Invested Capital	33.0M	203.3M	242.2M	201.6M	144.5M	151.2M
Net Working Capital	27.3M	96.9M	87.5M	64.1M	30.8M	47.8M
Property Plant And Equipment Net	32.0M	102.9M	180.7M	239.2M	224.4M	147.0M
Current Deferred Revenue	6.3M	6.3M	10.9M	4.5M	5.7M	5.5M
Capital Surpluse	6.0M	164.5M	407.6M	529.5M	608.9M	639.3M

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When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation'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 Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:

How To Invest In Purple

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Is Purple Stock a good investment?

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What is Purple Innovation's Net Worth?

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

For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Household Appliances 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 Purple Innovation. If investors know Purple 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 Purple Innovation 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

(0.60)

Earnings Share

(1.02)

Revenue Per Share

4.734

Quarterly Revenue Growth

(0.15)

Return On Assets

(0.12)

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

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Purple Change To Liabilities vs Stock Based Compensation Analysis

Change To Liabilities vs Stock Based Compensation

Change To Liabilities vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change To Liabilities

Stock Based Compensation

Purple Innovation fundamental ratios Correlations

Purple Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Purple Innovation fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Accounts Payable
Non Current Liabilities Total	+ 0.99	Total Liab

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Net Debt	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.94	Retained Earnings
Property Plant Equipment	- 0.93	Retained Earnings
Common Stock	- 0.91	Total Current Liabilities
Common Stock Total Equity	- 0.91	Total Current Liabilities