Privia Income Before Tax vs Net Interest Income Analysis
| PRVA Stock | USD 24.05 0.05 0.21% |
Privia Health financial indicator trend analysis is much more than just breaking down Privia Health Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Privia Health Group is a good investment. Please check the relationship between Privia Health Income Before Tax and its Net Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Privia Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Income Before Tax vs Net Interest Income
Income Before Tax vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Privia Health Group Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Privia Health's Income Before Tax and Net Interest Income is 0.15. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Privia Health Group, assuming nothing else is changed. The correlation between historical values of Privia Health's Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Privia Health Group are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Privia Health's Income Before Tax and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Privia Health income statement and is an important metric when analyzing Privia Health Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Privia Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Privia Health Group 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 Privia Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, Privia Health's Tax Provision is projected to decrease significantly based on the last few years of reporting. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Selling General Administrative is forecasted to decline to about 117.6 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 542K | 8.4M | 7.5M | 7.9M | Depreciation And Amortization | 4.6M | 6.5M | 7.3M | 4.0M |
Privia Health fundamental ratios Correlations
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Privia Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Privia Health fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 329.0M | 686.4M | 792.8M | 999.9M | 1.1B | 701.4M | |
| Short Long Term Debt Total | 33.7M | 46.5M | 11.5M | 8.3M | 5.6M | 5.3M | |
| Other Current Liab | 140.8M | 183.7M | 251.5M | 376.0M | 436.8M | 249.8M | |
| Total Current Liabilities | 146.9M | 190.5M | 264.3M | 387.0M | 449.1M | 260.0M | |
| Total Stockholder Equity | 146.7M | 426.9M | 499.1M | 561.4M | 635.2M | 387.8M | |
| Other Liab | 7.8M | 5.6M | 3M | 1M | 900K | 855K | |
| Net Tangible Assets | (15.1M) | 22.1M | 239.2M | 314.8M | 362.0M | 380.1M | |
| Property Plant And Equipment Net | 4.8M | 14.1M | 11.5M | 8.9M | 6.1M | 8.1M | |
| Net Debt | (51.0M) | (274.1M) | (336.5M) | (381.2M) | (485.6M) | (461.3M) | |
| Retained Earnings | (19.9M) | (208.1M) | (216.7M) | (193.6M) | (179.2M) | (188.2M) | |
| Accounts Payable | 5.2M | 3.0M | 6.7M | 7.9M | 9.8M | 5.9M | |
| Cash | 84.6M | 320.6M | 348.0M | 389.5M | 491.1M | 270.3M | |
| Non Current Assets Total | 138.9M | 239.7M | 240.9M | 299.1M | 301.0M | 234.8M | |
| Non Currrent Assets Other | 4.5M | 4.5M | 4.7M | 8.6M | 17.1M | 8.9M | |
| Other Assets | 9.7M | 9.4M | 37.9M | 45.1M | 51.8M | 54.4M | |
| Cash And Short Term Investments | 84.6M | 320.6M | 348.0M | 389.5M | 491.1M | 270.3M | |
| Net Receivables | 99.1M | 117.4M | 189.6M | 290.8M | 316.2M | 182.5M | |
| Liabilities And Stockholders Equity | 329.0M | 686.4M | 792.8M | 999.9M | 1.1B | 701.4M | |
| Non Current Liabilities Total | 38.4M | 45.7M | 9.5M | 5.6M | 3.2M | 3.0M | |
| Other Current Assets | 6.3M | 17.4M | 14.4M | 20.5M | 27.5M | 15.2M | |
| Other Stockholder Equity | 165.7M | 633.9M | 714.6M | 753.9M | 813.2M | 532.5M | |
| Total Liab | 185.3M | 236.2M | 273.8M | 392.5M | 452.3M | 293.3M | |
| Total Current Assets | 190.1M | 446.7M | 552.0M | 700.8M | 834.8M | 466.6M | |
| Short Term Debt | 875K | 3.8M | 6.0M | 3.0M | 2.6M | 3.1M | |
| Intangible Assets | 6.0M | 59.7M | 57.4M | 107.6M | 109.8M | 55.7M | |
| Common Stock | 960K | 1.1M | 1.1M | 1.2M | 1.2M | 1.2M | |
| Property Plant Equipment | 5.6M | 4.8M | 14.1M | 3.4M | 3.9M | 6.3M | |
| Net Invested Capital | 180.4M | 459.4M | 499.1M | 561.4M | 635.2M | 456.3M | |
| Property Plant And Equipment Gross | 4.8M | 14.1M | 11.5M | 14.6M | 12.9M | 11.7M | |
| Capital Stock | 960K | 1.1M | 1.1M | 1.2M | 1.2M | 1.2M | |
| Non Current Liabilities Other | 5.6M | 3M | 1M | 313K | 153K | 145.4K | |
| Net Working Capital | 43.1M | 256.2M | 287.7M | 313.9M | 385.7M | 238.5M |
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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 Privia Health Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Privia 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 Privia Health Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Privia Health Group Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Privia Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Health Care Providers & Services 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 Privia Health. If investors know Privia 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 Privia 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 0.245 | Earnings Share 0.11 | Revenue Per Share | Quarterly Revenue Growth 0.046 | Return On Assets |
The market value of Privia Health Group is measured differently than its book value, which is the value of Privia that is recorded on the company's balance sheet. Investors also form their own opinion of Privia Health's value that differs from its market value or its book value, called intrinsic value, which is Privia 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 Privia Health's market value can be influenced by many factors that don't directly affect Privia 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 Privia Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Privia Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Privia 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.