PureTech Other Stockholder Equity vs Non Current Assets Total Analysis

PRTC Stock  USD 21.80  1.45  7.13%   
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 Stockholder Equity and its Non Current Assets Total 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 estimate.

Other Stockholder Equity vs Non Current Assets Total

Other Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureTech Health PLC Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PureTech Health's Other Stockholder Equity and Non Current Assets Total is 0.53. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total 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 Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of PureTech Health PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., PureTech Health's Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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 estimate.
At present, PureTech Health's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 8.14, whereas Issuance Of Capital Stock is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.7M4.0M13.5M14.2M
Depreciation And Amortization7.2M8.9M4.9M7.0M

PureTech Health fundamental ratios Correlations

0.910.60.450.990.95-0.16-0.750.780.620.80.920.690.8-0.130.710.120.810.610.640.870.910.810.65-0.86-0.12
0.910.490.280.910.94-0.28-0.750.870.540.820.850.860.71-0.140.79-0.080.740.570.370.70.90.720.8-0.85-0.14
0.60.490.90.550.50.31-0.540.140.260.560.480.640.61-0.210.20.180.20.470.720.820.440.610.51-0.23-0.21
0.450.280.90.410.30.66-0.41-0.120.320.410.280.470.58-0.050.00.37-0.010.320.780.770.230.570.430.0-0.06
0.990.910.550.410.95-0.17-0.720.790.650.770.930.670.79-0.090.710.140.790.590.630.830.920.790.65-0.88-0.09
0.950.940.50.30.95-0.27-0.670.890.610.740.930.730.67-0.210.72-0.020.770.610.470.730.970.680.59-0.89-0.2
-0.16-0.280.310.66-0.17-0.270.03-0.520.0-0.06-0.28-0.010.10.25-0.520.27-0.55-0.170.30.17-0.340.07-0.040.560.25
-0.75-0.75-0.54-0.41-0.72-0.670.03-0.56-0.27-0.99-0.55-0.72-0.83-0.23-0.690.15-0.61-0.64-0.3-0.71-0.65-0.83-0.640.59-0.23
0.780.870.14-0.120.790.89-0.52-0.560.40.630.860.590.39-0.150.71-0.330.80.410.090.430.860.410.46-0.9-0.15
0.620.540.260.320.650.610.0-0.270.40.320.490.40.6-0.110.60.540.420.680.50.520.710.620.36-0.62-0.11
0.80.820.560.410.770.74-0.06-0.990.630.320.620.780.840.180.72-0.140.640.650.320.730.720.840.69-0.650.18
0.920.850.480.280.930.93-0.28-0.550.860.490.620.570.51-0.20.56-0.10.810.390.530.740.850.520.52-0.87-0.2
0.690.860.640.470.670.73-0.01-0.720.590.40.780.570.65-0.140.63-0.120.370.580.260.620.70.660.83-0.52-0.14
0.80.710.610.580.790.670.1-0.830.390.60.840.510.650.040.710.420.550.740.640.810.71.00.67-0.560.04
-0.13-0.14-0.21-0.05-0.09-0.210.25-0.23-0.15-0.110.18-0.2-0.140.04-0.17-0.22-0.19-0.14-0.22-0.16-0.20.03-0.020.121.0
0.710.790.20.00.710.72-0.52-0.690.710.60.720.560.630.71-0.170.090.80.760.180.510.80.730.61-0.84-0.17
0.12-0.080.180.370.14-0.020.270.15-0.330.54-0.14-0.1-0.120.42-0.220.09-0.060.260.620.250.080.420.060.05-0.22
0.810.740.2-0.010.790.77-0.55-0.610.80.420.640.810.370.55-0.190.8-0.060.470.340.630.750.560.45-0.92-0.18
0.610.570.470.320.590.61-0.17-0.640.410.680.650.390.580.74-0.140.760.260.470.30.550.760.770.32-0.59-0.14
0.640.370.720.780.630.470.3-0.30.090.50.320.530.260.64-0.220.180.620.340.30.820.410.620.39-0.32-0.22
0.870.70.820.770.830.730.17-0.710.430.520.730.740.620.81-0.160.510.250.630.550.820.660.80.62-0.59-0.16
0.910.90.440.230.920.97-0.34-0.650.860.710.720.850.70.7-0.20.80.080.750.760.410.660.730.52-0.91-0.2
0.810.720.610.570.790.680.07-0.830.410.620.840.520.661.00.030.730.420.560.770.620.80.730.66-0.580.03
0.650.80.510.430.650.59-0.04-0.640.460.360.690.520.830.67-0.020.610.060.450.320.390.620.520.66-0.5-0.02
-0.86-0.85-0.230.0-0.88-0.890.560.59-0.9-0.62-0.65-0.87-0.52-0.560.12-0.840.05-0.92-0.59-0.32-0.59-0.91-0.58-0.50.12
-0.12-0.14-0.21-0.06-0.09-0.20.25-0.23-0.15-0.110.18-0.2-0.140.041.0-0.17-0.22-0.18-0.14-0.22-0.16-0.20.03-0.020.12
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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
Property Plant And Equipment Net43.8M42.9M43.9M37.2M19.4M19.9M
Current Deferred Revenue22.2M22.6M31.3M2.2M(29.5M)(28.0M)
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
Cash And Short Term Investments162.4M403.9M465.7M350.1M327.1M273.9M
Common Stock Total Equity4.7M5.4M5.4M5.4M4.9M4.6M
Common Stock Shares Outstanding29.2M292.9M286.6M284.8M276.3M290.1M
Short Term Investments30.1M(1.7M)(1.3M)200.2M136.1M93.3M
Liabilities And Stockholders Equity941.2M990.0M946.0M702.6M694.0M544.9M
Non Current Liabilities Total151.6M155.5M135.7M58.2M184.4M193.6M
Other Current Assets1.9M7.5M32.5M23.8M17.7M11.1M
Other Stockholder Equity408.2M265.4M249.7M263.1M245.6M279.0M
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 Income(18.3M)(23.6M)(39.6M)(14.4M)129.1M135.6M
Short Term Debt4.4M29.7M9.4M12.5M7.1M9.8M
Intangible Assets625K899K987K831K906K860.7K
Common Stock5.4M5.4M5.4M5.5M5.5M5.2M
Other Liab116.7M108.6M92.4M23.8M27.3M26.0M
Net Tangible Assets667.4M668.8M592.5M541.4M622.6M490.8M
Other Assets819K2.3M1K2.1M1.00.95
Net Receivables2.3M2.9M3.6M12.3M2.4M3.7M
Short Long Term Debt1.5M26.5M4.8M7.5M3.7M7.0M
Non Current Liabilities Other1.8M138K(1K)1K110.2M115.7M
Property Plant Equipment8.3M43.8M42.9M43.9M50.5M28.0M
Net Invested Capital669.5M711.0M612.5M560.0M467.8M554.7M
Net Working Capital29.6M233.4M275.7M289.3M295.8M163.8M
Capital Lease Obligations37.8M35.3M33.0M29.1M21.6M28.8M
Capital Stock5.4M5.4M5.4M5.5M5.5M6.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PureTech Health PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PureTech Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Puretech Health Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Puretech Health Plc Stock:
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 estimate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Biotechnology 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 PureTech Health. If investors know PureTech 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 PureTech Health 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
0.615
Earnings Share
(3.00)
Revenue Per Share
0.02
Quarterly Revenue Growth
(0.91)
Return On Assets
(0.13)
The market value of PureTech Health PLC is measured differently than its book value, which is the value of PureTech that is recorded on the company's balance sheet. Investors also form their own opinion of PureTech Health's value that differs from its market value or its book value, called intrinsic value, which is PureTech Health'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 PureTech Health's market value can be influenced by many factors that don't directly affect PureTech Health'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 PureTech Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if PureTech Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PureTech Health'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.