Pure Historical Balance Sheet
| PCYO Stock | USD 13.80 0.70 5.34% |
Trend analysis of Pure Cycle balance sheet accounts such as Property Plant And Equipment Net of 150.1 K, Accounts Payable of 2 M, Cash of 23.2 M or Non Current Assets Total of 67.3 M provides information on Pure Cycle's total assets, liabilities, and equity, which is the actual value of Pure Cycle to its prevalent stockholders. By breaking down trends over time using Pure Cycle balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Pure Cycle latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Pure Cycle is a good buy for the upcoming year.
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About Pure Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Pure Cycle at a specified time, usually calculated after every quarter, six months, or one year. Pure Cycle Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pure Cycle 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 Pure currently owns. An asset can also be divided into two categories, current and non-current.
Pure Cycle Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Pure Cycle assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Pure Cycle books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Pure Cycle balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pure Cycle are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Pure Cycle's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Pure Cycle current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Pure Cycle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Pure Stock, please use our How to Invest in Pure Cycle guide.At this time, Pure Cycle's Net Receivables is very stable compared to the past year. As of the 21st of November 2024, Good Will is likely to grow to about 5.9 M, while Total Assets are likely to drop about 81.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.1M | 7.3M | 151K | 143.5K | Total Assets | 129.2M | 133.2M | 147.4M | 81.3M |
Pure Cycle balance sheet Correlations
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Pure Cycle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pure Cycle balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 89.8M | 117.2M | 129.2M | 133.2M | 147.4M | 81.3M | |
| Total Current Liabilities | 6.2M | 12.5M | 10.8M | 6.5M | 9.3M | 9.8M | |
| Total Stockholder Equity | 82.0M | 102.7M | 113.0M | 118.2M | 129.7M | 136.2M | |
| Property Plant And Equipment Net | 60.2M | 63.1M | 66.9M | 66.1M | 158K | 150.1K | |
| Net Debt | (21.7M) | (20.0M) | (30.8M) | (18.7M) | (22.0M) | (20.9M) | |
| Retained Earnings | (91.0M) | (70.9M) | (61.2M) | (56.5M) | (45.5M) | (47.8M) | |
| Accounts Payable | 180K | 1.8M | 849K | 2.0M | 1.9M | 2.0M | |
| Cash | 21.8M | 20.1M | 34.9M | 26.0M | 22.1M | 23.2M | |
| Non Current Assets Total | 63.8M | 78.5M | 91.4M | 103.5M | 109.5M | 67.3M | |
| Non Currrent Assets Other | (55.1B) | (41.8M) | (34.7M) | (27.1M) | 48.8M | 51.3M | |
| Cash And Short Term Investments | 21.8M | 20.1M | 34.9M | 26.0M | 22.1M | 23.2M | |
| Net Receivables | 2.7M | 17.5M | 2.4M | 1.6M | 1.5M | 1.9M | |
| Common Stock Total Equity | 79.2K | 79.4K | 79.5K | 80K | 72K | 106.7K | |
| Common Stock Shares Outstanding | 24.1M | 24.1M | 24.2M | 24.1M | 24.1M | 19.2M | |
| Liabilities And Stockholders Equity | 89.8M | 117.2M | 129.2M | 133.2M | 147.4M | 81.3M | |
| Non Current Liabilities Total | 1.5M | 2.0M | 5.4M | 8.5M | 8.3M | 7.9M | |
| Other Current Assets | 1.0M | 458K | 934K | 2.1M | 14.3M | 15.0M | |
| Other Stockholder Equity | 172.9M | 173.5M | 174.2M | 174.7M | 175.1M | 108.0M | |
| Total Liab | 7.7M | 14.4M | 16.2M | 15.0M | 17.7M | 21.1M | |
| Property Plant And Equipment Gross | 60.6M | 70.0M | 75.5M | 78.5M | 90.3M | 50.4M | |
| Total Current Assets | 26.0M | 38.7M | 37.8M | 29.7M | 37.9M | 39.8M | |
| Intangible Assets | 7.8M | 7.4M | 451K | 6.7M | 6.0M | 6.2M | |
| Common Stock | 79.2K | 79.4K | 79.5K | 80K | 72K | 103.9K | |
| Other Current Liab | 4.3M | 4.0M | 2.3M | 2.5M | 3.7M | 3.9M | |
| Other Assets | 10.0 | 43.0 | 15.3M | 23.6M | 27.1M | 28.5M | |
| Property Plant Equipment | 47.6M | 55.1M | 63.1M | 60.8M | 54.8M | 50.4M | |
| Other Liab | 693.0K | 1.4M | 1.9M | 1.4M | 1.3M | 1.2M | |
| Current Deferred Revenue | 1.6M | 2.0M | 4.8M | 1.7M | 2.2M | 2.1M | |
| Inventory | 11.6M | 481.5K | 608K | 346K | 397.9K | 378.0K | |
| Net Tangible Assets | 67.0M | 82.0M | 102.7M | 106.0M | 121.9M | 79.3M | |
| Retained Earnings Total Equity | (97.7M) | (91.0M) | (70.9M) | (61.2M) | (70.4M) | (73.9M) | |
| Capital Surpluse | 172.4M | 172.9M | 173.5M | 174.2M | 200.3M | 176.7M |
Pair Trading with Pure Cycle
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 Pure Cycle 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 Pure Cycle will appreciate offsetting losses from the drop in the long position's value.Moving together with Pure Stock
Moving against Pure Stock
| 0.79 | ES | Eversource Energy | PairCorr |
| 0.69 | FE | FirstEnergy | PairCorr |
| 0.63 | ED | Consolidated Edison | PairCorr |
| 0.61 | SJW | SJW Group Common | PairCorr |
| 0.59 | CWT | California Water Service | PairCorr |
The ability to find closely correlated positions to Pure Cycle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pure Cycle 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 Pure Cycle - 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 Pure Cycle to buy it.
The correlation of Pure Cycle 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 Pure Cycle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pure Cycle 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 Pure Cycle 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Cycle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Pure Stock, please use our How to Invest in Pure Cycle guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Water Utilities 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 Pure Cycle. If investors know Pure 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 Pure Cycle 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 5.767 | Earnings Share 0.48 | Revenue Per Share 1.194 | Quarterly Revenue Growth 2.729 | Return On Assets 0.0545 |
The market value of Pure Cycle is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Cycle's value that differs from its market value or its book value, called intrinsic value, which is Pure Cycle'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 Pure Cycle's market value can be influenced by many factors that don't directly affect Pure Cycle'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 Pure Cycle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Cycle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Cycle'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.