Privia Total Operating Expenses vs Tax Provision Analysis
PRVA Stock | USD 22.24 0.39 1.78% |
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 Total Operating Expenses and its Tax Provision 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.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Privia Health Group Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Privia Health's Total Operating Expenses and Tax Provision is -0.93. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision 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 Total Operating Expenses and Tax Provision 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 Operating Expenses of Privia Health Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., Privia Health's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax 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 Issuance Of Capital Stock 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 0.08, whereas Tax Provision is forecasted to decline to (7 M).
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 542K | 8.4M | 7.5M | 7.9M | Depreciation And Amortization | 4.6M | 6.5M | 7.5M | 7.9M |
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) | ||
Other Current Liab | 140.8M | 183.7M | 251.5M | 376.0M | 432.4M | 454.1M | |
Total Current Liabilities | 146.9M | 190.5M | 264.3M | 387.0M | 445.0M | 467.2M | |
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 | |
Retained Earnings | (19.9M) | (208.1M) | (216.7M) | (193.6M) | (174.3M) | (183.0M) | |
Accounts Payable | 5.2M | 3.0M | 6.7M | 7.9M | 9.1M | 5.1M | |
Other Assets | 9.7M | 9.4M | 37.9M | 45.1M | 51.8M | 54.4M | |
Net Receivables | 99.1M | 117.4M | 189.6M | 290.8M | 334.4M | 351.1M | |
Total Current Assets | 190.1M | 446.7M | 552.0M | 700.8M | 805.9M | 846.2M | |
Common Stock | 960K | 1.1M | 1.1M | 1.2M | 1.4M | 1.2M | |
Property Plant Equipment | 5.6M | 4.8M | 14.1M | 3.4M | 3.9M | 6.3M | |
Total Assets | 329.0M | 686.4M | 792.8M | 999.9M | 1.1B | 677.2M | |
Short Long Term Debt Total | 33.7M | 46.5M | 11.5M | 8.3M | 7.5M | 7.1M | |
Total Stockholder Equity | 146.7M | 426.9M | 499.1M | 561.4M | 645.7M | 383.8M | |
Property Plant And Equipment Net | 4.8M | 14.1M | 11.5M | 8.9M | 10.3M | 9.9M | |
Net Debt | (51.0M) | (274.1M) | (336.5M) | (381.2M) | (343.1M) | (325.9M) | |
Cash | 84.6M | 320.6M | 348.0M | 389.5M | 447.9M | 261.7M | |
Non Current Assets Total | 138.9M | 239.7M | 240.9M | 299.1M | 344.0M | 233.0M | |
Non Currrent Assets Other | 4.5M | 4.5M | 4.7M | 8.6M | 7.7M | 5.1M | |
Cash And Short Term Investments | 84.6M | 320.6M | 348.0M | 389.5M | 447.9M | 261.7M | |
Liabilities And Stockholders Equity | 329.0M | 686.4M | 792.8M | 999.9M | 1.1B | 677.2M | |
Non Current Liabilities Total | 38.4M | 45.7M | 9.5M | 5.6M | 5.0M | 4.8M | |
Other Current Assets | 6.3M | 17.4M | 14.4M | 20.5M | 23.6M | 14.1M | |
Other Stockholder Equity | 165.7M | 633.9M | 714.6M | 753.9M | 866.9M | 534.3M | |
Total Liab | 185.3M | 236.2M | 273.8M | 392.5M | 451.4M | 275.1M | |
Net Invested Capital | 180.4M | 459.4M | 499.1M | 561.4M | 645.7M | 407.8M | |
Property Plant And Equipment Gross | 4.8M | 14.1M | 11.5M | 14.6M | 16.8M | 11.2M | |
Capital Stock | 960K | 1.1M | 1.1M | 1.2M | 1.4M | 1.2M | |
Non Current Liabilities Other | 5.6M | 3M | 1M | 313K | 281.7K | 267.6K | |
Net Working Capital | 43.1M | 256.2M | 287.7M | 313.9M | 360.9M | 201.4M | |
Short Term Debt | 875K | 3.8M | 6.0M | 3.0M | 3.5M | 3.8M | |
Intangible Assets | 6.0M | 59.7M | 57.4M | 107.6M | 123.8M | 130.0M |
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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 (0.38) | Earnings Share 0.11 | Revenue Per Share | Quarterly Revenue Growth 0.049 | 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.