Paycor Current Deferred Revenue vs Ebit Per Revenue Analysis

PYCR Stock

USD 17.48 0.35 2.04%

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

To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.

Current Deferred Revenue vs Ebit Per Revenue

Current Deferred Revenue vs Ebit Per Revenue Correlation Analysis

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

The correlation between Paycor HCM's Current Deferred Revenue and Ebit Per Revenue is 0.86. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Paycor HCM, assuming nothing else is changed. The correlation between historical values of Paycor HCM's Current Deferred Revenue and Ebit Per Revenue 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 Paycor HCM are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Current Deferred Revenue i.e., Paycor HCM's Current Deferred Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

0.86

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.

Ebit Per Revenue

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

To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.At this time, Paycor HCM's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/25/2024, Enterprise Value Over EBITDA is likely to grow to 25.38, while Tax Provision is likely to drop (811.6 K).

	2021	2022	2023	2024 (projected)
Interest Expense	541K	4.6M	4.7M	3.0M
Depreciation And Amortization	161.9M	177.6M	141.1M	135.2M

Interest Expense Depreciation And Amortization

Paycor HCM fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		-0.71	0.99	0.99	0.9	-0.85	0.91	0.09	0.62	-0.96	-0.76	0.55	0.95	-0.72	0.56	0.68	0.67	0.95	0.66	0.57	0.34	-0.94	0.98	0.9	0.87	0.99
Short Long Term Debt Total	-0.71		-0.64	-0.64	-0.73	0.28	-0.68	0.17	-0.03	0.67	0.22	-0.24	-0.6	0.19	-0.04	-0.15	-0.03	-0.6	-0.18	-0.13	-0.07	0.5	-0.63	-0.36	-0.63	-0.65
Other Current Liab	0.99	-0.64		1.0	0.84	-0.9	0.86	0.05	0.67	-0.93	-0.76	0.51	0.94	-0.7	0.57	0.7	0.73	0.94	0.66	0.51	0.25	-0.96	1.0	0.93	0.83	1.0
Total Current Liabilities	0.99	-0.64	1.0		0.85	-0.9	0.86	0.07	0.68	-0.94	-0.77	0.53	0.95	-0.71	0.58	0.72	0.74	0.95	0.67	0.52	0.26	-0.97	1.0	0.94	0.84	1.0
Total Stockholder Equity	0.9	-0.73	0.84	0.85		-0.69	0.97	0.37	0.55	-0.96	-0.77	0.78	0.93	-0.61	0.67	0.73	0.6	0.93	0.76	0.61	0.41	-0.79	0.86	0.77	0.97	0.86
Other Liab	-0.85	0.28	-0.9	-0.9	-0.69		-0.77	-0.29	-0.91	0.83	0.9	-0.58	-0.87	0.87	-0.76	-0.85	-0.88	-0.87	-0.77	-0.67	-0.38	0.97	-0.9	-0.98	-0.75	-0.89
Net Tangible Assets	0.91	-0.68	0.86	0.86	0.97	-0.77		0.45	0.68	-0.98	-0.86	0.78	0.93	-0.75	0.73	0.78	0.62	0.93	0.79	0.71	0.52	-0.87	0.87	0.81	0.97	0.87
Property Plant And Equipment Net	0.09	0.17	0.05	0.07	0.37	-0.29	0.45		0.61	-0.32	-0.65	0.83	0.32	-0.44	0.8	0.68	0.43	0.32	0.69	0.6	0.52	-0.23	0.09	0.27	0.51	0.06
Current Deferred Revenue	0.62	-0.03	0.67	0.68	0.55	-0.91	0.68	0.61		-0.69	-0.93	0.71	0.74	-0.83	0.9	0.93	0.87	0.74	0.84	0.69	0.42	-0.83	0.69	0.86	0.7	0.66
Net Debt	-0.96	0.67	-0.93	-0.94	-0.96	0.83	-0.98	-0.32	-0.69		0.85	-0.72	-0.97	0.76	-0.7	-0.78	-0.69	-0.97	-0.79	-0.68	-0.47	0.92	-0.94	-0.88	-0.95	-0.94
Retained Earnings	-0.76	0.22	-0.76	-0.77	-0.77	0.9	-0.86	-0.65	-0.93	0.85		-0.84	-0.86	0.89	-0.94	-0.95	-0.86	-0.86	-0.93	-0.83	-0.59	0.87	-0.78	-0.89	-0.86	-0.76
Accounts Payable	0.55	-0.24	0.51	0.53	0.78	-0.58	0.78	0.83	0.71	-0.72	-0.84		0.75	-0.54	0.92	0.89	0.71	0.75	0.91	0.62	0.41	-0.57	0.55	0.64	0.86	0.52
Cash	0.95	-0.6	0.94	0.95	0.93	-0.87	0.93	0.32	0.74	-0.97	-0.86	0.75		-0.68	0.76	0.86	0.81	1.0	0.84	0.56	0.28	-0.92	0.96	0.93	0.96	0.95
Non Current Assets Total	-0.72	0.19	-0.7	-0.71	-0.61	0.87	-0.75	-0.44	-0.83	0.76	0.89	-0.54	-0.68		-0.7	-0.72	-0.65	-0.68	-0.69	-0.92	-0.78	0.84	-0.69	-0.78	-0.65	-0.71
Non Currrent Assets Other	0.56	-0.04	0.57	0.58	0.67	-0.76	0.73	0.8	0.9	-0.7	-0.94	0.92	0.76	-0.7		0.98	0.86	0.76	0.97	0.69	0.45	-0.69	0.61	0.77	0.8	0.57
Other Assets	0.68	-0.15	0.7	0.72	0.73	-0.85	0.78	0.68	0.93	-0.78	-0.95	0.89	0.86	-0.72	0.98		0.92	0.86	0.97	0.64	0.36	-0.8	0.74	0.87	0.85	0.7
Long Term Debt	0.67	-0.03	0.73	0.74	0.6	-0.88	0.62	0.43	0.87	-0.69	-0.86	0.71	0.81	-0.65	0.86	0.92		0.81	0.87	0.51	0.18	-0.78	0.76	0.91	0.7	0.72
Cash And Short Term Investments	0.95	-0.6	0.94	0.95	0.93	-0.87	0.93	0.32	0.74	-0.97	-0.86	0.75	1.0	-0.68	0.76	0.86	0.81		0.84	0.56	0.28	-0.92	0.96	0.93	0.96	0.95
Net Receivables	0.66	-0.18	0.66	0.67	0.76	-0.77	0.79	0.69	0.84	-0.79	-0.93	0.91	0.84	-0.69	0.97	0.97	0.87	0.84		0.65	0.41	-0.73	0.71	0.8	0.86	0.66
Good Will	0.57	-0.13	0.51	0.52	0.61	-0.67	0.71	0.6	0.69	-0.68	-0.83	0.62	0.56	-0.92	0.69	0.64	0.51	0.56	0.65		0.93	-0.64	0.5	0.61	0.61	0.53
Common Stock Shares Outstanding	0.34	-0.07	0.25	0.26	0.41	-0.38	0.52	0.52	0.42	-0.47	-0.59	0.41	0.28	-0.78	0.45	0.36	0.18	0.28	0.41	0.93		-0.38	0.23	0.29	0.39	0.27
Non Current Liabilities Total	-0.94	0.5	-0.96	-0.97	-0.79	0.97	-0.87	-0.23	-0.83	0.92	0.87	-0.57	-0.92	0.84	-0.69	-0.8	-0.78	-0.92	-0.73	-0.64	-0.38		-0.96	-0.96	-0.83	-0.96
Inventory	0.98	-0.63	1.0	1.0	0.86	-0.9	0.87	0.09	0.69	-0.94	-0.78	0.55	0.96	-0.69	0.61	0.74	0.76	0.96	0.71	0.5	0.23	-0.96		0.94	0.86	0.99
Other Current Assets	0.9	-0.36	0.93	0.94	0.77	-0.98	0.81	0.27	0.86	-0.88	-0.89	0.64	0.93	-0.78	0.77	0.87	0.91	0.93	0.8	0.61	0.29	-0.96	0.94		0.82	0.93
Other Stockholder Equity	0.87	-0.63	0.83	0.84	0.97	-0.75	0.97	0.51	0.7	-0.95	-0.86	0.86	0.96	-0.65	0.8	0.85	0.7	0.96	0.86	0.61	0.39	-0.83	0.86	0.82		0.84
Total Liab	0.99	-0.65	1.0	1.0	0.86	-0.89	0.87	0.06	0.66	-0.94	-0.76	0.52	0.95	-0.71	0.57	0.7	0.72	0.95	0.66	0.53	0.27	-0.96	0.99	0.93	0.84

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Paycor HCM Account Relationship Matchups

Paycor HCM fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.0B	3.1B	2.5B	2.6B	2.6B
Short Long Term Debt Total	24.4M	49.1M	912K	16.1M	20.4M	17.7M
Other Current Liab	651.5M	718.0M	1.8B	1.1B	1.2B	1.1B
Total Current Liabilities	679.6M	742.0M	1.8B	1.2B	1.2B	1.2B
Total Stockholder Equity	953.3M	878.6M	1.3B	1.3B	1.3B	1.2B
Other Liab	122.9M	92.8M	43.4M	87.8M	79.0M	78.3M
Net Tangible Assets	(266.1M)	(521.6M)	231.5M	191.5M	220.2M	231.2M
Property Plant And Equipment Net	44.0M	41.1M	31.7M	51.4M	49.6M	47.0M
Current Deferred Revenue	10.2M	11.9M	11.7M	13.1M	13.6M	12.0M
Net Debt	23.6M	46.5M	(132.1M)	(79.2M)	(104.5M)	(99.3M)
Retained Earnings	(178.8M)	(275.8M)	(395.4M)	(489.5M)	(548.4M)	(521.0M)
Accounts Payable	12.0M	12.0M	13.9M	28.4M	27.3M	19.4M
Cash	828K	2.6M	133.0M	95.2M	118.0M	65.9M
Non Current Assets Total	1.3B	1.3B	1.2B	1.3B	1.2B	1.0B
Non Currrent Assets Other	84.6M	110.4M	95.0M	164.9M	192.4M	129.8M
Other Assets	84.6M	110.4M	126.9M	164.9M	189.6M	120.5M
Cash And Short Term Investments	828K	2.6M	133.0M	95.2M	118.0M	65.9M
Net Receivables	10.0M	16.5M	21.5M	30.8M	48.2M	24.7M
Good Will	733.8M	750.8M	750.2M	767.7M	766.7M	825.5M
Liabilities And Stockholders Equity	2.0B	2.0B	3.1B	2.5B	2.6B	2.6B
Non Current Liabilities Total	141.5M	141.9M	43.4M	104.2M	98.8M	92.5M
Inventory	645.1M	701.4M	1.8B	1.1B	1.3B	1.1B
Other Current Assets	3.8M	702.9M	1.8B	1.1B	1.2B	878.2M
Other Stockholder Equity	1.1B	888.3M	1.7B	1.8B	1.8B	1.5B
Total Liab	821.1M	883.9M	1.8B	1.3B	1.3B	1.3B
Deferred Long Term Liab	57.9M	90.9M	125.7M	162.7M	187.1M	101.7M
Net Invested Capital	977.8M	665.0M	1.3B	1.3B	1.3B	1.2B
Property Plant And Equipment Gross	44.0M	41.1M	31.7M	51.4M	76.2M	51.9M
Total Current Assets	659.7M	722.0M	1.9B	1.2B	1.4B	1.2B
Accumulated Other Comprehensive Income	2.8M	3.2M	(1.8M)	(3.1M)	(1.4M)	(1.3M)
Capital Stock	152K	262.9M	175K	177K	178K	169.1K
Non Current Liabilities Other	18.2M	16.7M	11.5M	70.0M	69.3M	35.7M
Net Working Capital	(19.9M)	(19.9M)	116.3M	79.4M	138.2M	145.1M
Short Term Debt	5.9M	48.1M	283K	68.0M	5.2M	4.9M
Intangible Assets	485.6M	386.6M	303.1M	314.5M	238.9M	309.2M
Property Plant Equipment	44.0M	41.1M	31.7M	34.6M	31.1M	30.4M

Pair Trading with Paycor HCM

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paycor HCM position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paycor HCM will appreciate offsetting losses from the drop in the long position's value.

Moving together with Paycor Stock

0.65	BV	BrightView Holdings	Pair Corr
0.92	DRVN	Driven Brands Holdings	Pair Corr

Moving against Paycor Stock

0.79	CVEO	Civeo Corp	Pair Corr
0.64	FA	First Advantage Corp	Pair Corr
0.52	MMS	Maximus	Pair Corr
0.5	WHLM	Wilhelmina	Pair Corr
0.43	PFMT	Performant Financial	Pair Corr

The ability to find closely correlated positions to Paycor HCM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paycor HCM when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paycor HCM - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paycor HCM to buy it.

The correlation of Paycor HCM is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paycor HCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paycor HCM moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Paycor HCM can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Paycor Stock Analysis

When running Paycor HCM's price analysis, check to measure Paycor HCM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paycor HCM is operating at the current time. Most of Paycor HCM's value examination focuses on studying past and present price action to predict the probability of Paycor HCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycor HCM's price. Additionally, you may evaluate how the addition of Paycor HCM to your portfolios can decrease your overall portfolio volatility.

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