Proto Current Deferred Revenue vs Inventory Analysis
PRLB Stock | USD 31.63 0.13 0.41% |
Proto Labs financial indicator trend analysis is much more than just breaking down Proto Labs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Proto Labs is a good investment. Please check the relationship between Proto Labs Current Deferred Revenue and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Proto Labs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.
Current Deferred Revenue vs Inventory
Current Deferred Revenue vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Proto Labs Current Deferred Revenue account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Proto Labs' Current Deferred Revenue and Inventory is 0.4. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Inventory in the same time period over historical financial statements of Proto Labs, assuming nothing else is changed. The correlation between historical values of Proto Labs' Current Deferred Revenue and Inventory 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 Proto Labs are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Current Deferred Revenue i.e., Proto Labs' Current Deferred Revenue and Inventory go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Inventory
Most indicators from Proto Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Proto Labs 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 Proto Labs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.At present, Proto Labs' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.7 B, whereas Selling General Administrative is forecasted to decline to about 38.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 222.7M | 215.5M | 222.0M | 168.5M | Total Revenue | 488.1M | 488.4M | 503.9M | 325.0M |
Proto Labs fundamental ratios Correlations
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Proto Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Proto Labs fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 27.0M | 26.9M | 27.7M | 27.4M | 26.2M | 26.3M | |
Total Assets | 673.7M | 744.2M | 928.6M | 802.2M | 795.6M | 489.6M | |
Other Current Liab | 27.4M | 28.2M | 25.7M | 35.1M | 32.2M | 20.0M | |
Total Current Liabilities | 47.6M | 50.3M | 54.9M | 71.6M | 49.7M | 35.8M | |
Total Stockholder Equity | 585.8M | 644.4M | 828.5M | 697.6M | 695.3M | 422.6M | |
Property Plant And Equipment Net | 275.1M | 294.9M | 287.8M | 279.2M | 259.2M | 170.1M | |
Net Debt | (113.3M) | (114.3M) | (58.5M) | (35.2M) | (78.3M) | (82.2M) | |
Retained Earnings | 324.7M | 362.9M | 376.7M | 258.2M | 256.4M | 178.4M | |
Accounts Payable | 16.8M | 18.2M | 25.4M | 17.4M | 15.6M | 13.2M | |
Cash | 125.2M | 127.6M | 65.9M | 56.6M | 83.8M | 61.4M | |
Non Current Assets Total | 437.2M | 502.2M | 745.1M | 615.6M | 595.0M | 336.3M | |
Cash And Short Term Investments | 160.7M | 161.7M | 77.5M | 80.1M | 102.8M | 90.4M | |
Net Receivables | 57.5M | 58.4M | 81.4M | 80.3M | 75.1M | 46.2M | |
Short Term Investments | 35.4M | 34.1M | 11.6M | 23.6M | 19.0M | 29.0M | |
Liabilities And Stockholders Equity | 673.7M | 744.2M | 928.6M | 802.2M | 795.6M | 489.6M | |
Non Current Liabilities Total | 40.3M | 49.6M | 45.2M | 32.9M | 50.7M | 31.2M | |
Inventory | 10.1M | 10.9M | 13.2M | 13.6M | 13.7M | 9.1M | |
Other Current Assets | 8.2M | 11.0M | 11.5M | 12.6M | 9.1M | 7.7M | |
Other Stockholder Equity | 268.1M | 284.8M | 468.5M | 473.7M | 466.9M | 241.8M | |
Total Liab | 87.9M | 99.8M | 100.1M | 104.5M | 100.3M | 67.0M | |
Property Plant And Equipment Gross | 275.1M | 294.9M | 280.3M | 279.2M | 489.4M | 513.9M | |
Total Current Assets | 236.4M | 242.0M | 183.5M | 186.6M | 200.7M | 153.4M | |
Accumulated Other Comprehensive Income | (7.0M) | (3.4M) | (16.8M) | (34.4M) | (28.0M) | (26.6M) | |
Other Liab | 31.7M | 40.1M | 41.6M | 30.7M | 35.3M | 37.1M | |
Property Plant Equipment | 263.7M | 282.7M | 287.8M | 257.8M | 296.5M | 169.1M | |
Net Tangible Assets | 585.8M | 515.6M | 389.9M | 392.4M | 451.3M | 401.7M | |
Non Currrent Assets Other | 3.0M | 4.8M | 4.3M | 4.8M | 4.9M | 2.8M | |
Other Assets | 3.0M | 53.9M | 4.3M | 4.8M | 5.5M | 7.4M | |
Retained Earnings Total Equity | 324.7M | 362.9M | 376.7M | 258.2M | 297.0M | 220.6M | |
Capital Surpluse | 268.1M | 284.8M | 468.5M | 473.7M | 544.8M | 299.4M | |
Long Term Investments | 13.0M | 59.4M | 14.3M | 26.4M | 8.0M | 7.6M | |
Non Current Liabilities Other | 5.4M | 1.9M | 5.7M | 4.4M | 5.0M | 4.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Proto Labs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Proto Labs' short interest history, or implied volatility extrapolated from Proto Labs options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Proto Labs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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When running Proto Labs' price analysis, check to measure Proto Labs' 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 Proto Labs is operating at the current time. Most of Proto Labs' value examination focuses on studying past and present price action to predict the probability of Proto Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Proto Labs' price. Additionally, you may evaluate how the addition of Proto Labs to your portfolios can decrease your overall portfolio volatility.
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Is Proto Labs' 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 Proto Labs. If investors know Proto 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 Proto Labs 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 | Earnings Share 0.76 | Revenue Per Share 19.497 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0251 |
The market value of Proto Labs is measured differently than its book value, which is the value of Proto that is recorded on the company's balance sheet. Investors also form their own opinion of Proto Labs' value that differs from its market value or its book value, called intrinsic value, which is Proto Labs' 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 Proto Labs' market value can be influenced by many factors that don't directly affect Proto Labs' 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 Proto Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proto Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proto Labs' 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.