Pro Current Deferred Revenue vs Total Assets Analysis

PRV-UN Stock  CAD 5.60  0.02  0.36%   
Pro Real financial indicator trend analysis is much more than just breaking down Pro Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pro Real Estate is a good investment. Please check the relationship between Pro Real Current Deferred Revenue and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pro Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pro Real Estate Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pro Real's Current Deferred Revenue and Total Assets is 0.94. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Pro Real Estate, assuming nothing else is changed. The correlation between historical values of Pro Real's Current Deferred Revenue 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 Current Deferred Revenue of Pro Real Estate 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 Current Deferred Revenue i.e., Pro Real's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Pro Real 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 Pro Real Estate 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 Pro Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pro Real Estate 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 Pro Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Pro Real's Selling General Administrative 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 0.09, whereas Issuance Of Capital Stock is forecasted to decline to about 70.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit46.3M57.7M57.9M31.4M
Total Revenue77.7M97.2M99.9M52.5M

Pro Real fundamental ratios Correlations

0.991.00.860.910.91-0.860.930.910.860.990.930.95-0.660.810.950.910.690.94-0.880.810.940.94-0.220.910.96
0.990.970.910.930.93-0.910.920.870.840.990.890.92-0.60.850.930.90.610.91-0.90.810.930.94-0.280.910.98
1.00.970.80.890.89-0.80.930.930.860.990.950.96-0.70.760.950.910.730.96-0.850.810.950.94-0.170.90.93
0.860.910.80.870.87-1.00.80.660.710.860.670.72-0.380.880.760.740.340.69-0.820.720.750.8-0.340.780.93
0.910.930.890.871.0-0.860.970.760.710.930.750.79-0.520.890.80.750.60.78-0.920.690.790.81-0.270.790.93
0.910.930.890.871.0-0.860.970.760.710.930.750.79-0.520.890.80.750.60.78-0.920.690.790.81-0.270.790.93
-0.86-0.91-0.8-1.0-0.86-0.86-0.8-0.68-0.74-0.86-0.69-0.740.38-0.87-0.78-0.76-0.34-0.710.82-0.74-0.76-0.810.34-0.8-0.93
0.930.920.930.80.970.97-0.80.850.790.940.820.84-0.680.790.830.760.770.84-0.850.750.820.83-0.080.780.88
0.910.870.930.660.760.76-0.680.850.90.890.980.97-0.730.610.960.920.810.97-0.730.820.960.94-0.040.90.8
0.860.840.860.710.710.71-0.740.790.90.870.910.91-0.630.510.910.880.750.87-0.670.980.90.91-0.060.840.76
0.990.990.990.860.930.93-0.860.940.890.870.910.94-0.650.80.940.90.690.92-0.90.830.930.94-0.240.90.96
0.930.890.950.670.750.75-0.690.820.980.910.910.99-0.710.610.990.940.760.99-0.750.840.990.97-0.120.930.82
0.950.920.960.720.790.79-0.740.840.970.910.940.99-0.660.661.00.960.731.0-0.80.851.00.98-0.180.960.87
-0.66-0.6-0.7-0.38-0.52-0.520.38-0.68-0.73-0.63-0.65-0.71-0.66-0.28-0.63-0.56-0.78-0.680.4-0.53-0.62-0.57-0.36-0.49-0.47
0.810.850.760.880.890.89-0.870.790.610.510.80.610.66-0.280.690.670.270.66-0.840.480.680.72-0.390.740.92
0.950.930.950.760.80.8-0.780.830.960.910.940.991.0-0.630.690.970.680.99-0.810.861.00.99-0.220.970.88
0.910.90.910.740.750.75-0.760.760.920.880.90.940.96-0.560.670.970.590.95-0.830.820.970.97-0.330.960.87
0.690.610.730.340.60.6-0.340.770.810.750.690.760.73-0.780.270.680.590.73-0.480.70.680.630.310.540.49
0.940.910.960.690.780.78-0.710.840.970.870.920.991.0-0.680.660.990.950.73-0.790.80.990.97-0.170.950.85
-0.88-0.9-0.85-0.82-0.92-0.920.82-0.85-0.73-0.67-0.9-0.75-0.80.4-0.84-0.81-0.83-0.48-0.79-0.65-0.82-0.840.55-0.87-0.93
0.810.810.810.720.690.69-0.740.750.820.980.830.840.85-0.530.480.860.820.70.8-0.650.840.87-0.090.790.73
0.940.930.950.750.790.79-0.760.820.960.90.930.991.0-0.620.681.00.970.680.99-0.820.840.99-0.230.970.88
0.940.940.940.80.810.81-0.810.830.940.910.940.970.98-0.570.720.990.970.630.97-0.840.870.99-0.280.980.9
-0.22-0.28-0.17-0.34-0.27-0.270.34-0.08-0.04-0.06-0.24-0.12-0.18-0.36-0.39-0.22-0.330.31-0.170.55-0.09-0.23-0.28-0.41-0.4
0.910.910.90.780.790.79-0.80.780.90.840.90.930.96-0.490.740.970.960.540.95-0.870.790.970.98-0.410.89
0.960.980.930.930.930.93-0.930.880.80.760.960.820.87-0.470.920.880.870.490.85-0.930.730.880.9-0.40.89
Click cells to compare fundamentals

Pro Real Account Relationship Matchups

Pro Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets634.7M634.5M990.0M1.0B1.0B1.1B
Total Stockholder Equity235.6M243.2M429.7M487.7M488.0M512.4M
Net Debt356.9M358.5M516.8M506.8M500.6M525.7M
Retained Earnings4.1M6.3M66.7M124.6M123.9M130.1M
Cash5.3M6.3M5.9M7.5M13.3M13.9M
Cash And Short Term Investments5.3M6.3M5.9M7.5M13.3M13.9M
Liabilities And Stockholders Equity634.7M634.5M990.0M1.0B1.0B1.1B
Other Stockholder Equity(4.1M)(6.3M)(66.7M)(124.6M)(123.9M)(117.7M)
Total Current Assets11.7M10.4M10.2M13.2M19.4M20.3M
Other Current Liab6.2M4.3M7.1M6.9M8.3M4.1M
Total Current Liabilities51.0M51.3M53.8M118.4M84.0M44.6M
Common Stock Shares Outstanding35.5M40.9M50.0M61.9M61.4M64.5M
Total Liab399.1M391.3M560.3M548.2M546.6M293.5M
Short Long Term Debt Total362.2M364.7M522.8M514.3M513.9M320.4M
Property Plant And Equipment Net1.1M1.2M1.1M1.1M1.5M1.4M
Non Current Assets Total623.0M624.1M979.8M1.0B1.0B578.0M
Non Currrent Assets Other617.2M618.5M974.7M1.0B1.0B505.6M
Net Receivables4.9M2.9M2.1M3.3M3.3M3.0M
Non Current Liabilities Total348.1M340.0M506.4M429.9M462.6M294.2M
Other Current Assets(10.2M)(9.2M)(8.1M)(10.8M)(16.6M)(15.8M)
Short Term Debt39.6M41.0M36.1M101.7M62.7M41.8M
Common Stock231.5M236.9M363.0M363.1M364.2M204.6M
Current Deferred Revenue3.3M3.7M5.9M6.6M6.6M3.5M
Other Liab3.5M6.5M7.1M10.2M11.7M5.9M
Net Tangible Assets179.2M230.9M238.8M425.7M489.6M514.0M
Long Term Debt322.6M323.7M486.7M412.6M451.2M352.5M
Short Long Term Debt39.6M41.0M36.1M101.7M62.7M53.2M
Non Current Liabilities Other19.0M9.2M9.6M8.3M6.5M9.2M
Property Plant Equipment618.3M619.7M975.8M1.0B1.2B681.3M
Net Invested Capital597.8M607.9M952.5M1.0B1.0B783.0M
Net Working Capital(39.3M)(40.9M)(43.6M)(105.2M)(64.6M)(67.8M)
Capital Stock231.5M236.9M363.0M363.1M364.2M317.8M
Intangible Assets2.4M2.0M1.6M1.3M949K1.5M

Pair Trading with Pro Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pro Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pro Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Pro Stock

  0.51AEMC Alaska Energy MetalsPairCorr
The ability to find closely correlated positions to Pro Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pro Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pro Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pro Real Estate to buy it.
The correlation of Pro Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pro Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pro Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pro Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pro Stock

Balance Sheet is a snapshot of the financial position of Pro Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Pro Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pro Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pro currently owns. An asset can also be divided into two categories, current and non-current.