Patterson Property Plant And Equipment Gross vs Common Stock Shares Outstanding Analysis

PDCO Stock  USD 25.85  0.02  0.08%   
Patterson Companies financial indicator trend analysis is much more than just breaking down Patterson Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patterson Companies is a good investment. Please check the relationship between Patterson Companies Property Plant And Equipment Gross and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.

Property Plant And Equipment Gross vs Common Stock Shares Outstanding

Property Plant And Equipment Gross vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patterson Companies Property Plant And Equipment Gross account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Patterson Companies' Property Plant And Equipment Gross and Common Stock Shares Outstanding is -0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Patterson Companies, assuming nothing else is changed. The correlation between historical values of Patterson Companies' Property Plant And Equipment Gross and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Patterson Companies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Gross i.e., Patterson Companies' Property Plant And Equipment Gross and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Patterson Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patterson Companies 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 Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.At this time, Patterson Companies' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value Multiple is likely to grow to 14.89, while Selling General Administrative is likely to drop about 748.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.4B1.6B875.2M
Total Revenue6.5B6.5B7.4B7.8B

Patterson Companies fundamental ratios Correlations

0.920.520.50.890.660.720.820.470.140.950.070.140.88-0.830.920.570.12-0.020.80.650.760.140.530.810.76
0.920.340.320.850.50.770.840.270.190.95-0.080.180.93-0.640.980.39-0.13-0.260.720.490.630.080.680.70.82
0.520.340.860.430.790.370.290.740.120.340.30.110.32-0.780.270.80.80.630.780.780.90.2-0.160.740.36
0.50.320.860.220.940.580.080.97-0.290.310.71-0.310.31-0.850.270.980.880.810.870.950.86-0.03-0.350.560.53
0.890.850.430.220.410.50.980.160.440.93-0.310.460.83-0.650.850.3-0.11-0.290.60.390.650.260.780.820.55
0.660.50.790.940.410.670.290.95-0.190.520.65-0.20.46-0.930.480.960.720.620.941.00.90.0-0.120.690.66
0.720.770.370.580.50.670.470.6-0.430.730.33-0.430.84-0.70.780.690.170.170.820.670.65-0.090.310.380.95
0.820.840.290.080.980.290.470.030.480.92-0.420.50.83-0.530.860.17-0.27-0.450.510.270.540.270.880.750.54
0.470.270.740.970.160.950.60.03-0.430.290.81-0.440.29-0.830.260.980.840.810.840.950.8-0.1-0.360.460.56
0.140.190.12-0.290.44-0.19-0.430.48-0.430.18-0.611.00.00.10.13-0.37-0.28-0.5-0.12-0.210.060.270.450.52-0.29
0.950.950.340.310.930.520.730.920.290.18-0.110.190.92-0.70.970.41-0.12-0.260.710.510.640.10.740.730.79
0.07-0.080.30.71-0.310.650.33-0.420.81-0.61-0.11-0.64-0.1-0.43-0.060.710.70.780.460.670.35-0.28-0.660.020.31
0.140.180.11-0.310.46-0.2-0.430.5-0.441.00.19-0.640.010.10.13-0.38-0.29-0.52-0.14-0.220.060.330.470.52-0.3
0.880.930.320.310.830.460.840.830.290.00.92-0.10.01-0.650.950.42-0.12-0.210.70.450.620.180.680.580.82
-0.83-0.64-0.78-0.85-0.65-0.93-0.7-0.53-0.830.1-0.7-0.430.1-0.65-0.64-0.89-0.57-0.45-0.94-0.92-0.93-0.11-0.12-0.79-0.68
0.920.980.270.270.850.480.780.860.260.130.97-0.060.130.95-0.640.38-0.18-0.30.690.470.590.070.710.660.84
0.570.390.80.980.30.960.690.170.98-0.370.410.71-0.380.42-0.890.380.80.750.910.960.87-0.06-0.240.550.64
0.12-0.130.80.88-0.110.720.17-0.270.84-0.28-0.120.7-0.29-0.12-0.57-0.180.80.960.560.720.63-0.05-0.670.320.11
-0.02-0.260.630.81-0.290.620.17-0.450.81-0.5-0.260.78-0.52-0.21-0.45-0.30.750.960.440.630.47-0.11-0.770.070.08
0.80.720.780.870.60.940.820.510.84-0.120.710.46-0.140.7-0.940.690.910.560.440.940.950.010.130.750.82
0.650.490.780.950.391.00.670.270.95-0.210.510.67-0.220.45-0.920.470.960.720.630.940.9-0.06-0.130.680.67
0.760.630.90.860.650.90.650.540.80.060.640.350.060.62-0.930.590.870.630.470.950.90.140.110.840.64
0.140.080.2-0.030.260.0-0.090.27-0.10.270.1-0.280.330.18-0.110.07-0.06-0.05-0.110.01-0.060.140.170.2-0.15
0.530.68-0.16-0.350.78-0.120.310.88-0.360.450.74-0.660.470.68-0.120.71-0.24-0.67-0.770.13-0.130.110.170.380.38
0.810.70.740.560.820.690.380.750.460.520.730.020.520.58-0.790.660.550.320.070.750.680.840.20.380.46
0.760.820.360.530.550.660.950.540.56-0.290.790.31-0.30.82-0.680.840.640.110.080.820.670.64-0.150.380.46
Click cells to compare fundamentals

Patterson Companies Account Relationship Matchups

Patterson Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.8B2.7B2.9B3.3B1.9B
Short Long Term Debt Total668.3M721.9M590.2M628.0M722.2M482.2M
Other Current Liab182.1M294.4M237.4M295.9M340.3M357.4M
Total Current Liabilities1.1B1.1B1.0B1.1B1.2B1.3B
Total Stockholder Equity836.4M964.7M1.0B1.1B1.3B933.7M
Property Plant And Equipment Net382.7M296.7M283.9M305.2M351.0M368.6M
Net Debt590.4M578.6M448.2M468.3M538.6M565.5M
Retained Earnings799.7M855.7M921.7M972.1M1.1B917.8M
Accounts Payable862.1M609.3M681.3M725.0M833.7M875.4M
Cash77.9M143.2M142.0M159.7M183.6M186.4M
Non Current Assets Total1.2B1.1B1.1B1.1B1.3B882.3M
Non Currrent Assets Other337.6M89.9M246.3M123.3M141.8M148.9M
Cash And Short Term Investments77.9M143.2M142.0M159.7M183.6M192.8M
Net Receivables416.5M449.2M447.2M477.4M549.0M383.5M
Common Stock Shares Outstanding94.2M96.7M98.5M97.8M88.0M95.4M
Liabilities And Stockholders Equity2.7B2.8B2.7B2.9B3.3B1.9B
Non Current Liabilities Total804.0M697.2M683.3M675.3M776.6M489.9M
Inventory812.2M736.8M785.6M795.1M914.3M960.0M
Other Current Assets236.1M286.7M304.2M351.0M403.7M423.8M
Other Stockholder Equity132.9M170.6M201.5M233.7M268.8M282.2M
Total Liab1.9B1.8B1.7B1.8B2.0B2.1B
Property Plant And Equipment Gross382.7M296.7M283.9M305.2M351.0M368.6M
Total Current Assets1.5B1.6B1.7B1.8B2.1B2.2B
Accumulated Other Comprehensive Income(97.0M)(62.6M)(81.5M)(89.3M)(80.3M)(76.3M)
Short Term Debt30.7M186.0M58.3M109.4M125.8M79.5M
Good Will138.7M139.9M140.6M156.4M179.9M170.9M
Common Stock Total Equity953K959K968K964K1.1M1.0M
Intangible Assets313.5M279.6M252.6M231.9M266.7M277.6M
Common Stock953K959K968K964K1.1M1.0M
Other Liab153.3M161.3M141.4M156.7M180.2M97.2M
Other Assets337.4M419.4M226.4M242.5M278.8M207.8M
Property Plant Equipment303.7M219.4M213.1M212.3M244.1M196.5M
Current Deferred Revenue22.0M134.5M38.6M(45M)(40.5M)(38.5M)
Long Term Debt587.8M487.5M488.6M451.2M518.9M649.2M
Net Tangible Assets381.9M543.6M648.4M729.2M838.6M447.3M
Noncontrolling Interest In Consolidated Entity2.3M1.5M959K1M900K855K
Retained Earnings Total Equity799.7M855.7M921.7M972.1M874.9M1.1B
Long Term Debt Total587.8M487.5M488.6M451.2M406.1M558.9M

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When determining whether Patterson Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson Companies' 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 Patterson Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Companies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.
Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Patterson Companies' price analysis, check to measure Patterson Companies' 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 Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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Is Patterson Companies' industry 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 Patterson Companies. If investors know Patterson 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 Patterson Companies 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
(0.06)
Dividend Share
1.04
Earnings Share
2.03
Revenue Per Share
69.215
Quarterly Revenue Growth
0.01
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' 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 Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' 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 Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' 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.