PTC Selling General Administrative vs Tax Provision Analysis

PTC Stock  USD 192.01  2.93  1.55%   
PTC financial indicator trend analysis is much more than just breaking down PTC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC Inc is a good investment. Please check the relationship between PTC Selling General Administrative and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Inc. 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.

Selling General Administrative vs Tax Provision

Selling General Administrative vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC Inc Selling General Administrative account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PTC's Selling General Administrative and Tax Provision is 0.45. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of PTC Inc, assuming nothing else is changed. The correlation between historical values of PTC's Selling General Administrative 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 Selling General Administrative of PTC Inc 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 Selling General Administrative i.e., PTC's Selling General Administrative and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

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 PTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC Inc 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 Inc. 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, PTC's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit1.7B1.8B2.1B2.2B
Total Revenue2.1B2.3B2.6B2.8B

PTC fundamental ratios Correlations

0.940.570.850.990.870.970.910.211.00.840.160.980.60.740.530.550.990.940.960.380.160.961.0-0.410.93
0.940.60.820.920.860.940.830.270.940.820.250.90.550.80.530.530.950.880.90.490.010.890.94-0.420.85
0.570.60.330.50.530.550.490.280.570.480.270.540.280.690.380.360.640.350.520.150.180.50.57-0.240.54
0.850.820.330.880.640.780.750.320.840.580.290.840.60.390.420.520.810.920.920.650.010.90.85-0.370.8
0.990.920.50.880.850.960.920.180.990.820.110.990.580.680.480.520.960.960.970.390.140.960.99-0.360.93
0.870.860.530.640.850.910.80.220.860.820.170.870.50.790.380.480.870.820.840.090.180.740.85-0.390.67
0.970.940.550.780.960.910.940.060.980.840.020.950.470.780.470.420.970.920.90.320.070.920.98-0.290.88
0.910.830.490.750.920.80.94-0.140.920.75-0.210.930.260.620.280.20.870.910.840.27-0.030.870.93-0.020.88
0.210.270.280.320.180.220.06-0.140.170.280.980.170.720.260.520.780.240.10.350.210.170.150.14-0.780.05
1.00.940.570.840.990.860.980.920.170.840.120.980.580.750.530.520.990.940.950.390.140.961.0-0.380.94
0.840.820.480.580.820.820.840.750.280.840.190.830.490.850.640.50.840.720.750.160.120.710.81-0.370.74
0.160.250.270.290.110.170.02-0.210.980.120.190.10.70.250.480.760.20.040.30.290.190.110.09-0.8-0.02
0.980.90.540.840.990.870.950.930.170.980.830.10.550.690.420.490.960.940.960.310.130.930.98-0.330.92
0.60.550.280.60.580.50.470.260.720.580.490.70.550.450.70.960.620.50.680.310.460.590.55-0.920.46
0.740.80.690.390.680.790.780.620.260.750.850.250.690.450.630.490.80.520.610.150.220.610.72-0.450.59
0.530.530.380.420.480.380.470.280.520.530.640.480.420.70.630.740.560.350.460.280.370.520.5-0.650.45
0.550.530.360.520.520.480.420.20.780.520.50.760.490.960.490.740.570.420.610.280.450.50.49-0.920.39
0.990.950.640.810.960.870.970.870.240.990.840.20.960.620.80.560.570.890.940.360.170.950.98-0.460.91
0.940.880.350.920.960.820.920.910.10.940.720.040.940.50.520.350.420.890.940.440.010.930.94-0.260.88
0.960.90.520.920.970.840.90.840.350.950.750.30.960.680.610.460.610.940.940.390.180.940.95-0.480.86
0.380.490.150.650.390.090.320.270.210.390.160.290.310.310.150.280.280.360.440.39-0.230.50.4-0.210.45
0.160.010.180.010.140.180.07-0.030.170.140.120.190.130.460.220.370.450.170.010.18-0.230.140.13-0.480.02
0.960.890.50.90.960.740.920.870.150.960.710.110.930.590.610.520.50.950.930.940.50.140.97-0.370.95
1.00.940.570.850.990.850.980.930.141.00.810.090.980.550.720.50.490.980.940.950.40.130.97-0.350.95
-0.41-0.42-0.24-0.37-0.36-0.39-0.29-0.02-0.78-0.38-0.37-0.8-0.33-0.92-0.45-0.65-0.92-0.46-0.26-0.48-0.21-0.48-0.37-0.35-0.21
0.930.850.540.80.930.670.880.880.050.940.74-0.020.920.460.590.450.390.910.880.860.450.020.950.95-0.21
Click cells to compare fundamentals

PTC Account Relationship Matchups

PTC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.5B4.7B6.3B6.4B7.3B7.7B
Short Long Term Debt Total1.6B1.6B1.9B1.9B2.2B2.3B
Other Current Liab230.9M221.2M913.3M303.3M348.8M181.1M
Total Current Liabilities779.3M792.3M681.6M1.7B1.9B2.0B
Total Stockholder Equity2.0B2.3B2.7B3.2B3.7B3.9B
Property Plant And Equipment Net252.6M235.9M231.4M208.5M239.8M251.8M
Net Debt1.3B1.3B1.6B1.7B1.9B2.0B
Retained Earnings414.7M727.7M973.3M1.3B1.6B1.6B
Cash326.5M272.2M288.1M265.8M305.7M238.7M
Non Current Assets Total3.6B3.8B5.2B5.3B6.0B6.3B
Non Currrent Assets Other826.0M545.0M658.2M528.5M607.8M638.2M
Cash And Short Term Investments326.5M272.2M288.1M265.8M305.7M249.4M
Net Receivables541.1M636.6M811.4M862.0M991.2M1.0B
Common Stock Shares Outstanding118.4M118.2M119.3M120.7M138.9M120.7M
Liabilities And Stockholders Equity4.5B4.7B6.3B6.4B7.3B7.7B
Non Current Liabilities Total2.5B2.4B2.9B1.5B1.7B1.8B
Other Current Assets205.4M159.9M177.9M170.9M196.6M118.4M
Other Stockholder Equity1.7B1.7B1.8B2.0B2.3B1.4B
Total Liab2.5B2.4B3.6B3.2B3.6B3.8B
Property Plant And Equipment Gross252.6M235.9M231.4M495.4M569.7M598.2M
Total Current Assets867.6M908.7M1.1B1.3B1.5B1.6B
Accumulated Other Comprehensive Income(95.9M)(153.5M)(118.1M)(101.7M)(91.5M)(87.0M)
Short Term Debt27.9M22.0M34.1M545.7M627.5M658.9M
Accounts Payable33.4M40.2M43.5M24.2M27.8M27.4M
Current Deferred Revenue482.1M503.8M681.6M754.0M867.1M910.5M
Good Will2.2B2.4B3.4B3.5B4.0B4.2B
Common Stock Total Equity1.1M1.2M1.2M1.2M1.1M1.3M
Intangible Assets379.0M382.7M941.2M897.5M1.0B1.1B
Common Stock1.2M1.2M1.2M1.2M1.1M1.3M
Other Liab78.0M830.3M851.0M85.5M98.3M164.8M
Other Assets995.2M794.4M478.3M(170.9M)(196.6M)(186.8M)
Property Plant Equipment101.5M252.6M235.9M231.4M266.1M279.4M
Inventory69.4M(135.4M)(71.1M)(177.9M)(160.1M)(152.1M)
Long Term Debt1.4B1.4B1.7B1.2B1.4B1.5B
Net Tangible Assets(425.1M)(532.4M)(440.3M)(1.6B)(1.5B)(1.4B)
Retained Earnings Total Equity(191.4M)(62.3M)414.7M727.7M836.9M878.7M
Capital Surpluse1.5B1.6B1.7B1.7B1.5B1.3B
Deferred Long Term Liab12.4M4.2M79.7M86.2M99.1M104.1M
Non Current Liabilities Other332.7M330.7M421.0M63.9M73.4M69.8M

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.
When determining whether PTC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PTC'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 Ptc Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ptc Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Inc. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Application Software 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 PTC. If investors know PTC 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 PTC 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
1.728
Earnings Share
3.12
Revenue Per Share
19.205
Quarterly Revenue Growth
0.146
Return On Assets
0.0582
The market value of PTC Inc is measured differently than its book value, which is the value of PTC that is recorded on the company's balance sheet. Investors also form their own opinion of PTC's value that differs from its market value or its book value, called intrinsic value, which is PTC'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 PTC's market value can be influenced by many factors that don't directly affect PTC'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 PTC's value and its price as these two are different measures arrived at by different means. Investors typically determine if PTC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTC'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.