Protagonist Current Deferred Revenue vs Net Debt Analysis

PTGX Stock

USD 45.53 0.93 2.00%

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

For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protagonist Therapeutics Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Protagonist Therapeutics' Current Deferred Revenue and Net Debt is 0.88. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Protagonist Therapeutics, assuming nothing else is changed. The correlation between historical values of Protagonist Therapeutics' Current Deferred Revenue and Net Debt 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 Protagonist Therapeutics are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., Protagonist Therapeutics' Current Deferred Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Protagonist Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protagonist Therapeutics 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 Protagonist Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.Enterprise Value is likely to rise to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 18 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	443K	4.1M	12.9M	13.6M
Net Interest Income	443K	4.1M	12.9M	13.6M

Interest Income Net Interest Income

Protagonist Therapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Common Stock
Total Assets		0.81	0.83	-0.25	-0.04	0.99	0.72	-0.87	-0.85	0.39	0.87	0.52	0.25	1.0	0.5	0.94	0.96	0.23	-0.03	0.83	0.82	0.3	-0.8	0.87	1.0	0.1
Other Current Liab	0.81		0.61	-0.35	-0.51	0.86	0.43	-0.75	-0.68	0.28	0.72	0.31	-0.2	0.82	0.11	0.76	0.77	0.31	0.07	0.9	0.75	0.35	-0.56	0.67	0.81	0.09
Total Current Liabilities	0.83	0.61		-0.45	0.2	0.83	0.77	-0.69	-0.62	0.55	0.71	0.71	0.54	0.82	0.4	0.73	0.79	0.21	0.11	0.69	0.5	0.29	-0.69	0.72	0.82	0.21
Total Stockholder Equity	-0.25	-0.35	-0.45		-0.16	-0.35	-0.52	-0.09	0.0	-0.57	0.09	-0.58	-0.26	-0.24	0.53	-0.24	-0.32	-0.56	-0.67	-0.47	0.07	-0.59	0.22	-0.39	-0.24	-0.01
Other Liab	-0.04	-0.51	0.2	-0.16		-0.12	0.49	0.28	0.05	0.19	-0.22	0.24	0.81	-0.07	0.23	-0.01	0.05	-0.05	0.31	-0.19	-0.26	-0.03	-0.24	0.22	-0.05	0.08
Net Tangible Assets	0.99	0.86	0.83	-0.35	-0.12		0.7	-0.84	-0.81	0.44	0.83	0.56	0.2	0.99	0.39	0.91	0.96	0.28	0.02	0.87	0.79	0.34	-0.77	0.84	0.98	0.03
Property Plant And Equipment Net	0.72	0.43	0.77	-0.52	0.49	0.7		-0.41	-0.59	0.41	0.46	0.54	0.55	0.7	0.26	0.68	0.83	0.26	0.44	0.72	0.51	0.32	-0.75	0.86	0.71	0.19
Net Debt	-0.87	-0.75	-0.69	-0.09	0.28	-0.84	-0.41		0.91	-0.26	-1.0	-0.3	-0.07	-0.87	-0.66	-0.86	-0.74	-0.23	0.39	-0.63	-0.89	-0.28	0.71	-0.66	-0.87	-0.19
Retained Earnings	-0.85	-0.68	-0.62	0.0	0.05	-0.81	-0.59	0.91		-0.25	-0.92	-0.28	-0.14	-0.86	-0.64	-0.92	-0.8	-0.41	0.24	-0.66	-0.95	-0.45	0.84	-0.85	-0.86	-0.17
Accounts Payable	0.39	0.28	0.55	-0.57	0.19	0.44	0.41	-0.26	-0.25		0.26	0.38	0.64	0.39	0.17	0.4	0.37	0.38	0.35	0.24	0.08	0.42	-0.62	0.32	0.39	0.08
Cash	0.87	0.72	0.71	0.09	-0.22	0.83	0.46	-1.0	-0.92	0.26		0.31	0.12	0.87	0.69	0.86	0.76	0.22	-0.37	0.63	0.89	0.27	-0.74	0.69	0.87	0.2
Non Current Assets Total	0.52	0.31	0.71	-0.58	0.24	0.56	0.54	-0.3	-0.28	0.38	0.31		0.36	0.51	0.04	0.39	0.5	0.37	-0.06	0.39	0.2	0.42	-0.25	0.44	0.49	-0.36
Other Assets	0.25	-0.2	0.54	-0.26	0.81	0.2	0.55	-0.07	-0.14	0.64	0.12	0.36		0.23	0.46	0.25	0.27	-0.02	0.28	-0.02	-0.11	0.03	-0.54	0.31	0.24	0.17
Cash And Short Term Investments	1.0	0.82	0.82	-0.24	-0.07	0.99	0.7	-0.87	-0.86	0.39	0.87	0.51	0.23		0.49	0.94	0.96	0.24	-0.04	0.83	0.83	0.3	-0.79	0.86	1.0	0.1
Net Receivables	0.5	0.11	0.4	0.53	0.23	0.39	0.26	-0.66	-0.64	0.17	0.69	0.04	0.46	0.49		0.5	0.42	-0.22	-0.49	0.08	0.53	-0.19	-0.62	0.35	0.5	0.07
Common Stock Shares Outstanding	0.94	0.76	0.73	-0.24	-0.01	0.91	0.68	-0.86	-0.92	0.4	0.86	0.39	0.25	0.94	0.5		0.88	0.43	-0.02	0.76	0.85	0.48	-0.86	0.92	0.95	0.24
Short Term Investments	0.96	0.77	0.79	-0.32	0.05	0.96	0.83	-0.74	-0.8	0.37	0.76	0.5	0.27	0.96	0.42	0.88		0.18	0.14	0.89	0.79	0.24	-0.8	0.9	0.96	0.05
Non Current Liabilities Total	0.23	0.31	0.21	-0.56	-0.05	0.28	0.26	-0.23	-0.41	0.38	0.22	0.37	-0.02	0.24	-0.22	0.43	0.18		0.07	0.25	0.33	1.0	-0.32	0.45	0.22	0.08
Inventory	-0.03	0.07	0.11	-0.67	0.31	0.02	0.44	0.39	0.24	0.35	-0.37	-0.06	0.28	-0.04	-0.49	-0.02	0.14	0.07		0.31	-0.27	0.08	-0.16	0.21	-0.03	0.33
Other Current Assets	0.83	0.9	0.69	-0.47	-0.19	0.87	0.72	-0.63	-0.66	0.24	0.63	0.39	-0.02	0.83	0.08	0.76	0.89	0.25	0.31		0.73	0.3	-0.62	0.82	0.83	0.12
Other Stockholder Equity	0.82	0.75	0.5	0.07	-0.26	0.79	0.51	-0.89	-0.95	0.08	0.89	0.2	-0.11	0.83	0.53	0.85	0.79	0.33	-0.27	0.73		0.36	-0.71	0.78	0.82	0.09
Total Liab	0.3	0.35	0.29	-0.59	-0.03	0.34	0.32	-0.28	-0.45	0.42	0.27	0.42	0.03	0.3	-0.19	0.48	0.24	1.0	0.08	0.3	0.36		-0.37	0.5	0.29	0.09
Long Term Investments	-0.8	-0.56	-0.69	0.22	-0.24	-0.77	-0.75	0.71	0.84	-0.62	-0.74	-0.25	-0.54	-0.79	-0.62	-0.86	-0.8	-0.32	-0.16	-0.62	-0.71	-0.37		-0.83	-0.8	-0.24
Property Plant And Equipment Gross	0.87	0.67	0.72	-0.39	0.22	0.84	0.86	-0.66	-0.85	0.32	0.69	0.44	0.31	0.86	0.35	0.92	0.9	0.45	0.21	0.82	0.78	0.5	-0.83		0.87	0.21
Total Current Assets	1.0	0.81	0.82	-0.24	-0.05	0.98	0.71	-0.87	-0.86	0.39	0.87	0.49	0.24	1.0	0.5	0.95	0.96	0.22	-0.03	0.83	0.82	0.29	-0.8	0.87		0.12
Common Stock	0.1	0.09	0.21	-0.01	0.08	0.03	0.19	-0.19	-0.17	0.08	0.2	-0.36	0.17	0.1	0.07	0.24	0.05	0.08	0.33	0.12	0.09	0.09	-0.24	0.21	0.12

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Protagonist Therapeutics Account Relationship Matchups

Protagonist Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	154.9M	324.5M	347.7M	247.9M	358.0M	204.1M
Other Current Liab	(10.2M)	19.8M	36.4M	22.5M	18.2M	12.7M
Total Current Liabilities	35.4M	40.2M	44.0M	31.2M	21.3M	27.7M
Total Stockholder Equity	(217.7M)	(283.8M)	(409.4M)	(536.8M)	336.7M	353.5M
Net Tangible Assets	80.0M	279.6M	300.0M	215.6M	247.9M	141.3M
Property Plant And Equipment Net	7.7M	6.4M	6.7M	4.6M	2.1M	3.4M
Net Debt	(16.0M)	(111.4M)	(117.8M)	(122.1M)	(185.6M)	(176.3M)
Retained Earnings	(217.7M)	(283.8M)	(409.4M)	(536.8M)	(615.7M)	(584.9M)
Accounts Payable	2.8M	3.1M	1.6M	3.6M	772K	733.4K
Cash	33.0M	117.4M	123.7M	125.7M	186.7M	196.1M
Non Current Assets Total	9.6M	8.9M	7.0M	10.6M	2.4M	2.3M
Other Assets	450K	1.1M	1.9M	225K	258.8K	245.8K
Cash And Short Term Investments	133.0M	307.8M	326.9M	237.4M	341.6M	191.4M
Net Receivables	6.8M	2.4M	1.6M	52K	10.3M	10.8M
Common Stock Shares Outstanding	25.9M	34.4M	46.3M	49.0M	56.8M	29.8M
Short Term Investments	100.0M	188.5M	203.2M	111.6M	154.9M	99.8M
Liabilities And Stockholders Equity	(142.7M)	(238.9M)	(361.7M)	247.9M	358.0M	375.8M
Non Current Liabilities Total	39.5M	4.6M	3.7M	784.7M	221K	210.0K
Inventory	4.8M	4.0M	8.5M	(94K)	(10.3M)	(9.8M)
Other Current Assets	744K	7.4M	12.3M	5.7M	3.6M	3.6M
Other Stockholder Equity	221K	563.4M	709.7M	752.7M	952.5M	1.0B
Total Liab	75.0M	44.9M	47.7M	784.7M	21.3M	20.2M
Property Plant And Equipment Gross	7.7M	6.4M	11.0M	9.9M	8.4M	5.1M
Total Current Assets	145.3M	315.6M	340.7M	237.4M	355.6M	196.9M
Accumulated Other Comprehensive Income	(221K)	28K	(299K)	(359K)	(105K)	(110.3K)
Property Plant Equipment	7.7M	1.5M	6.7M	1.6M	1.8M	2.5M
Capital Surpluse	297.8M	563.4M	709.7M	752.7M	865.6M	908.9M
Retained Earnings Total Equity	(217.7M)	(283.8M)	(409.4M)	(536.8M)	(483.1M)	(458.9M)
Current Deferred Revenue	41.5M	14.5M	1.6M	69K	3K	2.9K
Net Invested Capital	89.8M	279.6M	300.0M	215.6M	336.7M	228.6M
Net Working Capital	109.9M	275.4M	296.7M	211.9M	334.3M	227.5M
Short Term Debt	1.3M	2.9M	4.4M	5.0M	2.3M	3.1M

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Protagonist Current Deferred Revenue vs Net Debt Analysis

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Net Debt

Protagonist Therapeutics fundamental ratios Correlations

Protagonist Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Protagonist Therapeutics fundamental ratios Accounts

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Additional Tools for Protagonist Stock Analysis

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Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Net Tangible Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Net Tangible Assets

Cash	- 1.0	Net Debt
Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Cash	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.89	Net Debt
Total Current Assets	- 0.87	Net Debt