PureTech Other Liab vs Total Stockholder Equity Analysis

PRTC Stock   171.20  9.20  5.68%   
PureTech Health financial indicator trend analysis is much more than just breaking down PureTech Health plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PureTech Health plc is a good investment. Please check the relationship between PureTech Health Other Liab and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PureTech Health plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Total Stockholder Equity

Other Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureTech Health plc Other Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PureTech Health's Other Liab and Total Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of PureTech Health plc, assuming nothing else is changed. The correlation between historical values of PureTech Health's Other Liab and Total Stockholder Equity 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 Liab of PureTech Health plc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Liab i.e., PureTech Health's Other Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from PureTech Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PureTech Health plc 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 PureTech Health plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, PureTech Health's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 32.1 M in 2024, whereas Discontinued Operations is likely to drop slightly above 340 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.7M4.0M13.5M14.2M
Depreciation And Amortization7.3M8.9M4.9M3.9M

PureTech Health fundamental ratios Correlations

0.910.460.450.990.870.950.03-0.750.780.620.80.920.690.570.80.44-0.130.830.360.810.580.650.750.870.91
0.910.320.280.910.870.94-0.13-0.750.870.540.820.850.860.380.710.54-0.140.810.160.740.520.60.550.70.9
0.460.320.940.410.330.340.0-0.38-0.020.320.390.360.540.480.480.01-0.20.370.430.060.20.350.540.770.28
0.450.280.940.410.280.30.32-0.41-0.120.320.410.280.470.410.58-0.02-0.050.220.54-0.010.090.290.670.770.23
0.990.910.410.410.860.950.03-0.720.790.650.770.930.670.540.790.5-0.090.820.340.790.520.630.740.830.92
0.870.870.330.280.860.91-0.18-0.660.880.30.720.940.650.690.50.22-0.160.75-0.020.760.50.390.480.710.79
0.950.940.340.30.950.91-0.13-0.670.890.610.740.930.730.60.670.56-0.210.840.250.770.540.650.60.730.97
0.03-0.130.00.320.03-0.18-0.13-0.2-0.340.060.15-0.23-0.16-0.120.44-0.140.4-0.380.52-0.17-0.090.010.510.14-0.13
-0.75-0.75-0.38-0.41-0.72-0.66-0.67-0.2-0.56-0.27-0.99-0.55-0.72-0.38-0.83-0.21-0.23-0.53-0.26-0.61-0.75-0.65-0.52-0.71-0.65
0.780.87-0.02-0.120.790.880.89-0.34-0.560.40.630.860.590.460.390.49-0.150.75-0.110.80.530.470.260.430.86
0.620.540.320.320.650.30.610.06-0.270.40.320.490.40.130.60.77-0.110.590.590.420.250.690.530.520.71
0.80.820.390.410.770.720.740.15-0.990.630.320.620.780.40.840.270.180.590.250.640.730.660.540.730.72
0.920.850.360.280.930.940.93-0.23-0.550.860.490.620.570.660.510.36-0.20.850.070.810.440.440.550.740.85
0.690.860.540.470.670.650.73-0.16-0.720.590.40.780.570.260.650.47-0.140.610.180.370.410.570.410.620.7
0.570.380.480.410.540.690.6-0.12-0.380.460.130.40.660.260.250.03-0.110.490.160.360.380.370.370.560.53
0.80.710.480.580.790.50.670.44-0.830.390.60.840.510.650.250.40.040.510.680.550.590.740.850.810.7
0.440.540.01-0.020.50.220.56-0.14-0.210.490.770.270.360.470.030.4-0.050.510.330.270.130.630.230.150.69
-0.13-0.14-0.2-0.05-0.09-0.16-0.210.4-0.23-0.15-0.110.18-0.2-0.14-0.110.04-0.05-0.18-0.25-0.19-0.16-0.14-0.21-0.16-0.2
0.830.810.370.220.820.750.84-0.38-0.530.750.590.590.850.610.490.510.51-0.180.140.790.530.60.430.680.83
0.360.160.430.540.34-0.020.250.52-0.26-0.110.590.250.070.180.160.680.33-0.250.140.120.340.670.750.490.37
0.810.740.06-0.010.790.760.77-0.17-0.610.80.420.640.810.370.360.550.27-0.190.790.120.730.510.470.630.75
0.580.520.20.090.520.50.54-0.09-0.750.530.250.730.440.410.380.590.13-0.160.530.340.730.750.340.540.6
0.650.60.350.290.630.390.650.01-0.650.470.690.660.440.570.370.740.63-0.140.60.670.510.750.480.550.8
0.750.550.540.670.740.480.60.51-0.520.260.530.540.550.410.370.850.23-0.210.430.750.470.340.480.820.57
0.870.70.770.770.830.710.730.14-0.710.430.520.730.740.620.560.810.15-0.160.680.490.630.540.550.820.66
0.910.90.280.230.920.790.97-0.13-0.650.860.710.720.850.70.530.70.69-0.20.830.370.750.60.80.570.66
Click cells to compare fundamentals

PureTech Health Account Relationship Matchups

PureTech Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets941.2M990.0M946.0M702.6M694.0M544.9M
Short Long Term Debt Total39.3M76.6M52.0M46.9M25.3M26.1M
Other Current Liab101.5M141.1M205.3M57.9M29.6M28.2M
Total Current Liabilities139.2M180.9M226.1M96.9M51.4M48.8M
Total Stockholder Equity668.0M669.7M593.5M542.2M464.1M367.8M
Other Liab116.7M108.6M92.4M23.8M27.3M36.5M
Property Plant And Equipment Net43.8M42.9M43.9M37.2M19.4M19.9M
Net Debt(93.1M)(327.3M)(413.7M)(103.0M)(165.7M)(174.0M)
Retained Earnings254.4M260.4M199.9M149.5M83.8M88.0M
Accounts Payable11.1M8.9M11.3M26.5M14.6M10.4M
Cash132.4M403.9M465.7M149.9M191.1M180.3M
Non Current Assets Total772.3M575.6M444.2M316.5M346.8M257.8M
Non Currrent Assets Other32.3M531.9M399.3M278.4M879K835.1K
Other Assets819K2.3M1K2.1M1.2K1.1K
Cash And Short Term Investments162.4M403.9M465.7M350.1M327.1M273.9M
Net Receivables2.3M2.9M3.6M12.3M2.4M3.0M
Common Stock Total Equity4.7M5.4M5.4M5.4M4.9M4.6M
Common Stock Shares Outstanding291.8M292.9M286.6M284.8M276.3M278.8M
Short Term Investments133.8M30.1M1.0200.2M136.1M102.1M
Liabilities And Stockholders Equity941.2M990.0M946.0M702.6M694.0M544.9M
Non Current Liabilities Total151.6M155.5M135.7M58.2M184.4M193.6M
Other Current Assets4.1M7.5M32.5M23.8M17.7M11.0M
Other Stockholder Equity288.0M289.0M289.3M263.1M245.6M244.0M
Total Liab290.8M336.5M361.9M155.1M235.7M223.8M
Property Plant And Equipment Gross43.8M42.9M58.3M57.3M32.3M24.3M
Total Current Assets168.8M414.3M501.8M386.2M347.2M287.1M
Accumulated Other Comprehensive Income120.2M114.9M98.9M124.1M129.1M82.3M
Short Term Debt4.4M29.7M9.4M12.5M7.1M9.8M
Intangible Assets625K899K987K831K906K860.7K
Common Stock5.4M5.4M5.4M5.5M5.5M5.2M
Property Plant Equipment8.3M43.8M42.9M43.9M50.5M53.1M
Net Tangible Assets667.4M668.8M592.5M541.4M622.6M369.1M
Short Long Term Debt1.5M26.5M4.8M7.5M3.7M3.5M
Capital Surpluse181.6M278.4M288.0M289.0M332.3M268.1M
Non Current Liabilities Other1.8M138K(1K)1K110.2M115.7M
Net Invested Capital669.5M711.0M612.5M560.0M467.8M554.7M
Net Working Capital29.6M233.4M275.7M289.3M295.8M163.8M

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When running PureTech Health's price analysis, check to measure PureTech Health'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 PureTech Health is operating at the current time. Most of PureTech Health's value examination focuses on studying past and present price action to predict the probability of PureTech Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PureTech Health's price. Additionally, you may evaluate how the addition of PureTech Health to your portfolios can decrease your overall portfolio volatility.