PTC Accounts Payable vs Intangible Assets Analysis

PTC Stock   173.65  0.02  0.01%   
PTC India financial indicator trend analysis is much more than just breaking down PTC India Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC India Limited is a good investment. Please check the relationship between PTC India Accounts Payable and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC India Limited. 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.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC India Limited Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between PTC India's Accounts Payable and Intangible Assets is 0.07. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of PTC India Limited, assuming nothing else is changed. The correlation between historical values of PTC India's Accounts Payable and Intangible 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 Accounts Payable of PTC India Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., PTC India's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents PTC India obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of PTC India Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from PTC India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC India Limited 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 PTC India Limited. 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.
The current year's Selling General Administrative is expected to grow to about 927.8 M, whereas Tax Provision is forecasted to decline to about 1.6 B.
 2021 2022 2023 2024 (projected)
Interest Expense7.4B6.0B4.2B4.5B
Depreciation And Amortization1.0B1.0B100.1M95.1M

PTC India fundamental ratios Correlations

0.050.990.850.850.930.90.870.40.880.850.360.550.950.530.450.990.680.210.550.870.940.450.31-0.180.9
0.050.110.26-0.26-0.130.290.150.29-0.13-0.030.550.32-0.120.70.09-0.010.55-0.120.330.18-0.060.010.54-0.090.05
0.990.110.860.840.880.930.90.490.820.810.420.530.90.60.370.970.730.160.530.880.90.450.35-0.210.88
0.850.260.860.560.60.920.90.680.570.550.660.80.640.630.530.770.790.140.80.820.650.230.58-0.160.62
0.85-0.260.840.560.880.710.690.190.870.860.150.190.880.190.190.880.350.050.180.650.860.620.15-0.20.83
0.93-0.130.880.60.880.710.660.110.970.920.070.330.990.340.390.970.440.250.330.720.990.490.05-0.150.94
0.90.290.930.920.710.710.920.60.660.690.620.560.740.690.280.850.80.00.560.850.740.30.57-0.110.73
0.870.150.90.90.690.660.920.650.570.590.610.540.710.620.290.820.830.070.540.930.690.270.53-0.070.62
0.40.290.490.680.190.110.60.650.0-0.030.80.460.130.66-0.020.310.750.00.460.570.18-0.110.59-0.160.26
0.88-0.130.820.570.870.970.660.570.00.930.040.380.960.220.490.920.330.250.380.60.950.580.06-0.190.91
0.85-0.030.810.550.860.920.690.59-0.030.930.070.280.90.260.380.880.360.060.280.630.910.560.12-0.240.87
0.360.550.420.660.150.070.620.610.80.040.070.40.120.710.090.270.770.090.40.490.150.040.95-0.240.2
0.550.320.530.80.190.330.560.540.460.380.280.40.370.40.780.450.540.191.00.520.370.120.32-0.10.36
0.95-0.120.90.640.880.990.740.710.130.960.90.120.370.360.420.980.490.270.370.760.990.490.11-0.140.92
0.530.70.60.630.190.340.690.620.660.220.260.710.40.360.090.480.920.080.410.70.42-0.040.6-0.070.49
0.450.090.370.530.190.390.280.29-0.020.490.380.090.780.420.090.410.20.50.780.290.40.350.14-0.270.34
0.99-0.010.970.770.880.970.850.820.310.920.880.270.450.980.480.410.620.220.450.840.970.480.23-0.170.93
0.680.550.730.790.350.440.80.830.750.330.360.770.540.490.920.20.620.060.550.860.530.020.64-0.050.53
0.21-0.120.160.140.050.250.00.070.00.250.060.090.190.270.080.50.220.060.190.090.250.260.13-0.450.21
0.550.330.530.80.180.330.560.540.460.380.280.41.00.370.410.780.450.550.190.520.370.110.32-0.10.36
0.870.180.880.820.650.720.850.930.570.60.630.490.520.760.70.290.840.860.090.520.770.210.38-0.090.69
0.94-0.060.90.650.860.990.740.690.180.950.910.150.370.990.420.40.970.530.250.370.770.460.12-0.180.96
0.450.010.450.230.620.490.30.27-0.110.580.560.040.120.49-0.040.350.480.020.260.110.210.460.14-0.590.49
0.310.540.350.580.150.050.570.530.590.060.120.950.320.110.60.140.230.640.130.320.380.120.14-0.260.14
-0.18-0.09-0.21-0.16-0.2-0.15-0.11-0.07-0.16-0.19-0.24-0.24-0.1-0.14-0.07-0.27-0.17-0.05-0.45-0.1-0.09-0.18-0.59-0.26-0.26
0.90.050.880.620.830.940.730.620.260.910.870.20.360.920.490.340.930.530.210.360.690.960.490.14-0.26
Click cells to compare fundamentals

PTC India Account Relationship Matchups

PTC India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets211.1B206.7B198.8B166.3B151.2B114.8B
Other Current Liab1.1B2.7B1.7B1.1B12.1B12.7B
Total Current Liabilities75.9B77.6B82.6B58.7B62.5B40.0B
Total Stockholder Equity41.9B44.2B47.2B50.2B51.4B31.9B
Property Plant And Equipment Net19.1B18.0B16.9B16.2B427.2M405.8M
Net Debt110.0B105.7B85.6B55.8B34.7B47.6B
Retained Earnings12.7B12.9B13.4B14.4B15.6B8.1B
Accounts Payable43.6B36.5B43.2B40.1B35.3B20.1B
Cash4.1B9.1B12.1B9.7B8.6B6.0B
Non Current Assets Total123.5B101.1B83.1B77.5B42.2B64.1B
Non Currrent Assets Other97.8B76.8B60.4B57.8B39.4B45.8B
Cash And Short Term Investments6.5B16.5B19.7B31.0B21.5B22.6B
Liabilities And Stockholders Equity211.1B206.7B198.8B166.3B151.2B114.8B
Non Current Liabilities Total85.9B77.4B61.0B48.9B28.4B37.4B
Other Current Assets10.7B26.8B23.9B13.6B29.9B31.4B
Total Liab161.8B155.1B143.7B107.6B90.9B77.4B
Total Current Assets87.5B105.6B115.7B88.8B109.0B114.5B
Accumulated Other Comprehensive Income(3.2B)11.8B14.4B16.3B16.4B17.2B
Intangible Assets8.3M16.4M14.4M8.8M6.2M11.0M
Net Receivables78.6B86.7B72.0B56.9B57.6B50.0B
Short Long Term Debt Total114.1B114.8B97.7B65.5B43.3B67.5B
Current Deferred Revenue3.1B3.3B2.2B957.8M450.9M428.4M
Short Term Investments2.4B7.3B7.6B21.3B12.9B13.6B
Inventory2.7B2.5B(3.9B)(2.0B)0.90.95
Short Term Debt29.2B37.7B37.1B16.9B15.1B26.3B
Other Liab1.1B394.3M388.2M363.3M327.0M541.3M
Net Tangible Assets41.9B44.2B47.2B50.2B57.7B43.4B
Other Assets99.1B77.4B60.5B527.6M474.8M451.1M
Long Term Debt84.8B77.0B60.6B48.3B28.0B26.6B
Short Long Term Debt29.2B20.8B37.0B16.9B15.0B28.1B
Property Plant Equipment18.8B17.9B16.9B16.2B18.6B15.0B
Long Term Debt Total84.8B77.0B60.6B48.5B43.7B56.3B
Cash And Equivalents1.7B3.2B19.6B4.5B5.1B4.6B
Capital Lease Obligations130M91.3M65.5M253.9M221.6M210.5M
Deferred Long Term Liab1.7M2M1.6M1.4M1.3M1.4M
Net Invested Capital155.8B65.0B144.9B115.4B94.5B102.6B

Also Currently Popular

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.

Other Information on Investing in PTC Stock

Balance Sheet is a snapshot of the financial position of PTC India Limited at a specified time, usually calculated after every quarter, six months, or one year. PTC India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PTC India 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 PTC currently owns. An asset can also be divided into two categories, current and non-current.