Proto Net Invested Capital vs Good Will Analysis

PRLB Stock

USD 31.09 0.05 0.16%

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 Net Invested Capital and its Good Will 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.

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Proto Labs Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Proto Labs' Net Invested Capital and Good Will is 0.95. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will 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' Net Invested Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Proto Labs are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Proto Labs' Net Invested Capital and Good Will go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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

Gross Profit Total Revenue

Proto Labs fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.56	0.01	0.44	0.49	0.61	0.53	0.9	-0.57	0.57	0.6	0.53	0.5	0.61	0.54	0.97	0.54	-0.43	0.67	0.63	0.53	0.03	0.41	0.66	0.04	0.99
Total Assets	0.56		0.62	0.91	0.95	1.0	0.98	0.28	-0.67	0.96	0.95	0.74	0.99	0.68	0.98	0.65	0.25	0.46	0.94	0.86	0.93	0.83	0.76	0.89	0.42	0.61
Short Long Term Debt Total	0.01	0.62		0.75	0.78	0.57	0.7	-0.18	-0.34	0.6	0.54	0.48	0.61	0.4	0.65	0.02	0.05	0.61	0.52	0.58	0.54	0.81	0.44	0.55	0.8	0.04
Other Current Liab	0.44	0.91	0.75		0.97	0.89	0.93	0.19	-0.62	0.88	0.84	0.7	0.88	0.67	0.94	0.52	0.31	0.49	0.86	0.77	0.83	0.85	0.74	0.86	0.49	0.48
Total Current Liabilities	0.49	0.95	0.78	0.97		0.94	0.95	0.24	-0.56	0.9	0.9	0.65	0.94	0.62	0.97	0.55	0.28	0.45	0.91	0.84	0.88	0.85	0.71	0.85	0.61	0.53
Total Stockholder Equity	0.61	1.0	0.57	0.89	0.94		0.97	0.33	-0.67	0.96	0.96	0.74	0.98	0.7	0.97	0.7	0.29	0.4	0.95	0.86	0.93	0.78	0.75	0.9	0.4	0.66
Property Plant And Equipment Net	0.53	0.98	0.7	0.93	0.95	0.97		0.26	-0.74	0.97	0.93	0.82	0.95	0.75	0.95	0.6	0.26	0.51	0.91	0.83	0.87	0.85	0.75	0.92	0.43	0.57
Current Deferred Revenue	0.9	0.28	-0.18	0.19	0.24	0.33	0.26		-0.33	0.29	0.34	0.29	0.24	0.34	0.28	0.8	0.31	-0.59	0.4	0.43	0.29	-0.21	0.15	0.36	-0.08	0.83
Net Debt	-0.57	-0.67	-0.34	-0.62	-0.56	-0.67	-0.74	-0.33		-0.78	-0.63	-0.97	-0.57	-0.94	-0.58	-0.62	-0.46	-0.26	-0.59	-0.57	-0.47	-0.48	-0.67	-0.88	0.09	-0.61
Retained Earnings	0.57	0.96	0.6	0.88	0.9	0.96	0.97	0.29	-0.78		0.96	0.84	0.92	0.81	0.92	0.63	0.39	0.42	0.89	0.78	0.82	0.77	0.69	0.95	0.32	0.62
Accounts Payable	0.6	0.95	0.54	0.84	0.9	0.96	0.93	0.34	-0.63	0.96		0.69	0.94	0.66	0.94	0.64	0.33	0.35	0.92	0.78	0.86	0.73	0.66	0.86	0.36	0.64
Cash	0.53	0.74	0.48	0.7	0.65	0.74	0.82	0.29	-0.97	0.84	0.69		0.66	0.95	0.65	0.59	0.42	0.36	0.64	0.64	0.54	0.59	0.61	0.92	0.07	0.58
Non Current Assets Total	0.5	0.99	0.61	0.88	0.94	0.98	0.95	0.24	-0.57	0.92	0.94	0.66		0.58	0.98	0.59	0.15	0.5	0.93	0.85	0.94	0.84	0.75	0.82	0.45	0.55
Cash And Short Term Investments	0.61	0.68	0.4	0.67	0.62	0.7	0.75	0.34	-0.94	0.81	0.66	0.95	0.58		0.61	0.67	0.68	0.16	0.64	0.58	0.48	0.46	0.53	0.93	0.07	0.67
Net Receivables	0.54	0.98	0.65	0.94	0.97	0.97	0.95	0.28	-0.58	0.92	0.94	0.65	0.98	0.61		0.63	0.25	0.43	0.96	0.83	0.93	0.82	0.75	0.85	0.5	0.58
Common Stock Total Equity	0.97	0.65	0.02	0.52	0.55	0.7	0.6	0.8	-0.62	0.63	0.64	0.59	0.59	0.67	0.63		0.55	-0.31	0.75	0.67	0.61	0.14	0.49	0.74	0.04	0.98
Short Term Investments	0.54	0.25	0.05	0.31	0.28	0.29	0.26	0.31	-0.46	0.39	0.33	0.42	0.15	0.68	0.25	0.55		-0.36	0.37	0.17	0.12	-0.05	0.12	0.56	0.03	0.6
Non Current Liabilities Total	-0.43	0.46	0.61	0.49	0.45	0.4	0.51	-0.59	-0.26	0.42	0.35	0.36	0.5	0.16	0.43	-0.31	-0.36		0.25	0.27	0.38	0.85	0.49	0.29	0.24	-0.38
Inventory	0.67	0.94	0.52	0.86	0.91	0.95	0.91	0.4	-0.59	0.89	0.92	0.64	0.93	0.64	0.96	0.75	0.37	0.25		0.78	0.92	0.68	0.73	0.86	0.47	0.7
Other Current Assets	0.63	0.86	0.58	0.77	0.84	0.86	0.83	0.43	-0.57	0.78	0.78	0.64	0.85	0.58	0.83	0.67	0.17	0.27	0.78		0.76	0.65	0.61	0.77	0.44	0.67
Other Stockholder Equity	0.53	0.93	0.54	0.83	0.88	0.93	0.87	0.29	-0.47	0.82	0.86	0.54	0.94	0.48	0.93	0.61	0.12	0.38	0.92	0.76		0.74	0.73	0.74	0.49	0.55
Total Liab	0.03	0.83	0.81	0.85	0.85	0.78	0.85	-0.21	-0.48	0.77	0.73	0.59	0.84	0.46	0.82	0.14	-0.05	0.85	0.68	0.65	0.74		0.7	0.66	0.5	0.08
Property Plant And Equipment Gross	0.41	0.76	0.44	0.74	0.71	0.75	0.75	0.15	-0.67	0.69	0.66	0.61	0.75	0.53	0.75	0.49	0.12	0.49	0.73	0.61	0.73	0.7		0.69	0.17	0.41
Total Current Assets	0.66	0.89	0.55	0.86	0.85	0.9	0.92	0.36	-0.88	0.95	0.86	0.92	0.82	0.93	0.85	0.74	0.56	0.29	0.86	0.77	0.74	0.66	0.69		0.27	0.72
Short Term Debt	0.04	0.42	0.8	0.49	0.61	0.4	0.43	-0.08	0.09	0.32	0.36	0.07	0.45	0.07	0.5	0.04	0.03	0.24	0.47	0.44	0.49	0.5	0.17	0.27		0.06
Common Stock	0.99	0.61	0.04	0.48	0.53	0.66	0.57	0.83	-0.61	0.62	0.64	0.58	0.55	0.67	0.58	0.98	0.6	-0.38	0.7	0.67	0.55	0.08	0.41	0.72	0.06

Click cells to compare fundamentals

Proto Labs Account Relationship Matchups

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

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When determining whether Proto Labs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Proto Labs' 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 Proto Labs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proto Labs Stock:

How To Invest In Proto

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Is Proto Stock a good investment?

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What is Proto Labs' Net Worth?

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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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Proto Stock analysis

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

1.183

Earnings Share

0.66

Revenue Per Share

19.242

Quarterly Revenue Growth

0.082

Return On Assets

0.0225

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.

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Proto Net Invested Capital vs Good Will Analysis

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

Correlation Coefficient

Net Invested Capital

Good Will

Proto Labs fundamental ratios Correlations

Proto Labs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Proto Labs fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Proto Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity

Cash	- 0.97	Net Debt
Cash And Short Term Investments	- 0.94	Net Debt
Total Current Assets	- 0.88	Net Debt
Retained Earnings	- 0.78	Net Debt
Net Debt	- 0.74	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.67	Net Debt