PureTech Total Liab vs Total Assets Analysis

PRTC Stock

167.00 2.40 1.42%

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 Total Liab and its Total Assets 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.

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureTech Health plc Total Liab account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between PureTech Health's Total Liab and Total Assets is 0.87. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of PureTech Health plc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., PureTech Health's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Assets

Total assets refers to the total amount of PureTech Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PureTech Health plc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Expense	4.7M	4.0M	13.5M	14.2M
Depreciation And Amortization	7.3M	8.9M	4.9M	3.9M

Interest Expense Depreciation And Amortization

PureTech Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.91	0.46	0.45	0.99	0.87	0.95	0.03	-0.75	0.78	0.62	0.8	0.92	0.77	0.57	0.8	0.44	-0.13	0.83	0.36	0.81	0.58	0.65	0.75	0.87	0.91
Short Long Term Debt Total	0.91		0.32	0.28	0.91	0.87	0.94	-0.13	-0.75	0.87	0.54	0.82	0.85	0.91	0.38	0.71	0.54	-0.14	0.81	0.16	0.74	0.52	0.6	0.55	0.7	0.9
Other Current Liab	0.46	0.32		0.94	0.41	0.33	0.34	0.0	-0.38	-0.02	0.32	0.39	0.36	0.47	0.48	0.48	0.01	-0.2	0.37	0.43	0.06	0.2	0.35	0.54	0.77	0.28
Total Current Liabilities	0.45	0.28	0.94		0.41	0.28	0.3	0.32	-0.41	-0.12	0.32	0.41	0.28	0.39	0.41	0.58	-0.02	-0.05	0.22	0.54	-0.01	0.09	0.29	0.67	0.77	0.23
Total Stockholder Equity	0.99	0.91	0.41	0.41		0.86	0.95	0.03	-0.72	0.79	0.65	0.77	0.93	0.75	0.54	0.79	0.5	-0.09	0.82	0.34	0.79	0.52	0.63	0.74	0.83	0.92
Other Liab	0.87	0.87	0.33	0.28	0.86		0.91	-0.18	-0.66	0.88	0.3	0.72	0.94	0.67	0.69	0.5	0.22	-0.16	0.75	-0.02	0.76	0.5	0.39	0.48	0.71	0.79
Property Plant And Equipment Net	0.95	0.94	0.34	0.3	0.95	0.91		-0.13	-0.67	0.89	0.61	0.74	0.93	0.78	0.6	0.67	0.56	-0.21	0.84	0.25	0.77	0.54	0.65	0.6	0.73	0.97
Current Deferred Revenue	0.03	-0.13	0.0	0.32	0.03	-0.18	-0.13		-0.2	-0.34	0.06	0.15	-0.23	-0.18	-0.12	0.44	-0.14	0.4	-0.38	0.52	-0.17	-0.09	0.01	0.51	0.14	-0.13
Net Debt	-0.75	-0.75	-0.38	-0.41	-0.72	-0.66	-0.67	-0.2		-0.56	-0.27	-0.99	-0.55	-0.79	-0.38	-0.83	-0.21	-0.23	-0.53	-0.26	-0.61	-0.75	-0.65	-0.52	-0.71	-0.65
Retained Earnings	0.78	0.87	-0.02	-0.12	0.79	0.88	0.89	-0.34	-0.56		0.4	0.63	0.86	0.66	0.46	0.39	0.49	-0.15	0.75	-0.11	0.8	0.53	0.47	0.26	0.43	0.86
Accounts Payable	0.62	0.54	0.32	0.32	0.65	0.3	0.61	0.06	-0.27	0.4		0.32	0.49	0.48	0.13	0.6	0.77	-0.11	0.59	0.59	0.42	0.25	0.69	0.53	0.52	0.71
Cash	0.8	0.82	0.39	0.41	0.77	0.72	0.74	0.15	-0.99	0.63	0.32		0.62	0.84	0.4	0.84	0.27	0.18	0.59	0.25	0.64	0.73	0.66	0.54	0.73	0.72
Non Current Assets Total	0.92	0.85	0.36	0.28	0.93	0.94	0.93	-0.23	-0.55	0.86	0.49	0.62		0.64	0.66	0.51	0.36	-0.2	0.85	0.07	0.81	0.44	0.44	0.55	0.74	0.85
Non Currrent Assets Other	0.77	0.91	0.47	0.39	0.75	0.67	0.78	-0.18	-0.79	0.66	0.48	0.84	0.64		0.21	0.73	0.49	-0.17	0.72	0.23	0.59	0.59	0.66	0.47	0.68	0.77
Other Assets	0.57	0.38	0.48	0.41	0.54	0.69	0.6	-0.12	-0.38	0.46	0.13	0.4	0.66	0.21		0.25	0.03	-0.11	0.49	0.16	0.36	0.38	0.37	0.37	0.56	0.53
Cash And Short Term Investments	0.8	0.71	0.48	0.58	0.79	0.5	0.67	0.44	-0.83	0.39	0.6	0.84	0.51	0.73	0.25		0.4	0.04	0.51	0.68	0.55	0.59	0.74	0.85	0.81	0.7
Net Receivables	0.44	0.54	0.01	-0.02	0.5	0.22	0.56	-0.14	-0.21	0.49	0.77	0.27	0.36	0.49	0.03	0.4		-0.05	0.51	0.33	0.27	0.13	0.63	0.23	0.15	0.69
Common Stock Total Equity	-0.13	-0.14	-0.2	-0.05	-0.09	-0.16	-0.21	0.4	-0.23	-0.15	-0.11	0.18	-0.2	-0.17	-0.11	0.04	-0.05		-0.18	-0.25	-0.19	-0.16	-0.14	-0.21	-0.16	-0.2
Common Stock Shares Outstanding	0.83	0.81	0.37	0.22	0.82	0.75	0.84	-0.38	-0.53	0.75	0.59	0.59	0.85	0.72	0.49	0.51	0.51	-0.18		0.14	0.79	0.53	0.6	0.43	0.68	0.83
Short Term Investments	0.36	0.16	0.43	0.54	0.34	-0.02	0.25	0.52	-0.26	-0.11	0.59	0.25	0.07	0.23	0.16	0.68	0.33	-0.25	0.14		0.12	0.34	0.67	0.75	0.49	0.37
Non Current Liabilities Total	0.81	0.74	0.06	-0.01	0.79	0.76	0.77	-0.17	-0.61	0.8	0.42	0.64	0.81	0.59	0.36	0.55	0.27	-0.19	0.79	0.12		0.73	0.51	0.47	0.63	0.75
Inventory	0.58	0.52	0.2	0.09	0.52	0.5	0.54	-0.09	-0.75	0.53	0.25	0.73	0.44	0.59	0.38	0.59	0.13	-0.16	0.53	0.34	0.73		0.75	0.34	0.54	0.6
Other Current Assets	0.65	0.6	0.35	0.29	0.63	0.39	0.65	0.01	-0.65	0.47	0.69	0.66	0.44	0.66	0.37	0.74	0.63	-0.14	0.6	0.67	0.51	0.75		0.48	0.55	0.8
Other Stockholder Equity	0.75	0.55	0.54	0.67	0.74	0.48	0.6	0.51	-0.52	0.26	0.53	0.54	0.55	0.47	0.37	0.85	0.23	-0.21	0.43	0.75	0.47	0.34	0.48		0.82	0.57
Total Liab	0.87	0.7	0.77	0.77	0.83	0.71	0.73	0.14	-0.71	0.43	0.52	0.73	0.74	0.68	0.56	0.81	0.15	-0.16	0.68	0.49	0.63	0.54	0.55	0.82		0.66
Property Plant And Equipment Gross	0.91	0.9	0.28	0.23	0.92	0.79	0.97	-0.13	-0.65	0.86	0.71	0.72	0.85	0.77	0.53	0.7	0.69	-0.2	0.83	0.37	0.75	0.6	0.8	0.57	0.66

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PureTech Health Account Relationship Matchups

PureTech Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	941.2M	990.0M	946.0M	702.6M	694.0M	544.9M
Short Long Term Debt Total	39.3M	76.6M	52.0M	46.9M	25.3M	26.1M
Other Current Liab	101.5M	141.1M	205.3M	57.9M	29.6M	28.2M
Total Current Liabilities	139.2M	180.9M	226.1M	96.9M	51.4M	48.8M
Total Stockholder Equity	668.0M	669.7M	593.5M	542.2M	464.1M	367.8M
Other Liab	116.7M	108.6M	92.4M	23.8M	27.3M	36.5M
Property Plant And Equipment Net	43.8M	42.9M	43.9M	37.2M	19.4M	19.9M
Net Debt	(93.1M)	(327.3M)	(413.7M)	(103.0M)	(165.7M)	(174.0M)
Retained Earnings	254.4M	260.4M	199.9M	149.5M	83.8M	88.0M
Accounts Payable	11.1M	8.9M	11.3M	26.5M	14.6M	10.4M
Cash	132.4M	403.9M	465.7M	149.9M	191.1M	180.3M
Non Current Assets Total	772.3M	575.6M	444.2M	316.5M	346.8M	257.8M
Non Currrent Assets Other	32.3M	531.9M	399.3M	278.4M	141.5M	149.9M
Other Assets	819K	2.3M	1K	2.1M	1.2K	1.1K
Cash And Short Term Investments	162.4M	403.9M	465.7M	350.1M	327.1M	273.9M
Net Receivables	2.3M	2.9M	3.6M	12.3M	2.4M	3.0M
Common Stock Total Equity	4.7M	5.4M	5.4M	5.4M	4.9M	4.6M
Common Stock Shares Outstanding	291.8M	292.9M	286.6M	284.8M	276.3M	278.8M
Short Term Investments	133.8M	30.1M	1.0	200.2M	136.1M	102.1M
Liabilities And Stockholders Equity	941.2M	990.0M	946.0M	702.6M	694.0M	544.9M
Non Current Liabilities Total	151.6M	155.5M	135.7M	58.2M	184.4M	193.6M
Other Current Assets	4.1M	7.5M	32.5M	23.8M	17.7M	11.0M
Other Stockholder Equity	288.0M	289.0M	289.3M	263.1M	245.6M	244.0M
Total Liab	290.8M	336.5M	361.9M	155.1M	235.7M	223.8M
Property Plant And Equipment Gross	43.8M	42.9M	58.3M	57.3M	32.3M	24.3M
Total Current Assets	168.8M	414.3M	501.8M	386.2M	347.2M	287.1M
Accumulated Other Comprehensive Income	120.2M	114.9M	98.9M	124.1M	129.1M	82.3M
Short Term Debt	4.4M	29.7M	9.4M	12.5M	7.1M	9.8M
Intangible Assets	625K	899K	987K	831K	906K	860.7K
Common Stock	5.4M	5.4M	5.4M	5.5M	5.5M	5.2M
Property Plant Equipment	8.3M	43.8M	42.9M	43.9M	50.5M	53.1M
Net Tangible Assets	667.4M	668.8M	592.5M	541.4M	622.6M	369.1M
Short Long Term Debt	1.5M	26.5M	4.8M	7.5M	3.7M	3.5M
Capital Surpluse	181.6M	278.4M	288.0M	289.0M	332.3M	268.1M
Non Current Liabilities Other	1.8M	138K	(1K)	1K	110.2M	115.7M
Net Invested Capital	669.5M	711.0M	612.5M	560.0M	467.8M	554.7M
Net Working Capital	29.6M	233.4M	275.7M	289.3M	295.8M	163.8M

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PureTech Total Liab vs Total Assets Analysis

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

Correlation Coefficient

Total Liab

Total Assets

PureTech Health fundamental ratios Correlations

PureTech Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PureTech Health fundamental ratios Accounts

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Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.95	Total Assets
Property Plant And Equipment Net	+ 0.95	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.94	Short Long Term Debt Total
Total Current Liabilities	+ 0.94	Other Current Liab

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.83	Net Debt
Non Currrent Assets Other	- 0.79	Net Debt
Inventory	- 0.75	Net Debt
Net Debt	- 0.75	Short Long Term Debt Total
Net Debt	- 0.75	Total Assets