Proto Total Current Liabilities vs Non Current Liabilities Total Analysis

PRLB Stock  USD 32.37  0.25  0.78%   
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 Total Current Liabilities and its Non Current Liabilities Total 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.

Total Current Liabilities vs Non Current Liabilities Total

Total Current Liabilities vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Proto Labs Total Current Liabilities account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Proto Labs' Total Current Liabilities and Non Current Liabilities Total is 0.45. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Liabilities Total 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' Total Current Liabilities and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Proto Labs are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Liabilities i.e., Proto Labs' Total Current Liabilities and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Proto Labs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Proto Labs 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.

Non Current Liabilities Total

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 Profit222.7M215.5M222.0M168.5M
Total Revenue488.1M488.4M503.9M325.0M

Proto Labs fundamental ratios Correlations

0.560.010.440.490.610.530.9-0.570.570.60.530.50.610.540.970.54-0.430.670.630.530.030.410.660.040.99
0.560.620.910.951.00.980.28-0.670.960.950.740.990.680.980.650.250.460.940.860.930.830.760.890.420.61
0.010.620.750.780.570.7-0.18-0.340.60.540.480.610.40.650.020.050.610.520.580.540.810.440.550.80.04
0.440.910.750.970.890.930.19-0.620.880.840.70.880.670.940.520.310.490.860.770.830.850.740.860.490.48
0.490.950.780.970.940.950.24-0.560.90.90.650.940.620.970.550.280.450.910.840.880.850.710.850.610.53
0.611.00.570.890.940.970.33-0.670.960.960.740.980.70.970.70.290.40.950.860.930.780.750.90.40.66
0.530.980.70.930.950.970.26-0.740.970.930.820.950.750.950.60.260.510.910.830.870.850.750.920.430.57
0.90.28-0.180.190.240.330.26-0.330.290.340.290.240.340.280.80.31-0.590.40.430.29-0.210.150.36-0.080.83
-0.57-0.67-0.34-0.62-0.56-0.67-0.74-0.33-0.78-0.63-0.97-0.57-0.94-0.58-0.62-0.46-0.26-0.59-0.57-0.47-0.48-0.67-0.880.09-0.61
0.570.960.60.880.90.960.970.29-0.780.960.840.920.810.920.630.390.420.890.780.820.770.690.950.320.62
0.60.950.540.840.90.960.930.34-0.630.960.690.940.660.940.640.330.350.920.780.860.730.660.860.360.64
0.530.740.480.70.650.740.820.29-0.970.840.690.660.950.650.590.420.360.640.640.540.590.610.920.070.58
0.50.990.610.880.940.980.950.24-0.570.920.940.660.580.980.590.150.50.930.850.940.840.750.820.450.55
0.610.680.40.670.620.70.750.34-0.940.810.660.950.580.610.670.680.160.640.580.480.460.530.930.070.67
0.540.980.650.940.970.970.950.28-0.580.920.940.650.980.610.630.250.430.960.830.930.820.750.850.50.58
0.970.650.020.520.550.70.60.8-0.620.630.640.590.590.670.630.55-0.310.750.670.610.140.490.740.040.98
0.540.250.050.310.280.290.260.31-0.460.390.330.420.150.680.250.55-0.360.370.170.12-0.050.120.560.030.6
-0.430.460.610.490.450.40.51-0.59-0.260.420.350.360.50.160.43-0.31-0.360.250.270.380.850.490.290.24-0.38
0.670.940.520.860.910.950.910.4-0.590.890.920.640.930.640.960.750.370.250.780.920.680.730.860.470.7
0.630.860.580.770.840.860.830.43-0.570.780.780.640.850.580.830.670.170.270.780.760.650.610.770.440.67
0.530.930.540.830.880.930.870.29-0.470.820.860.540.940.480.930.610.120.380.920.760.740.730.740.490.55
0.030.830.810.850.850.780.85-0.21-0.480.770.730.590.840.460.820.14-0.050.850.680.650.740.70.660.50.08
0.410.760.440.740.710.750.750.15-0.670.690.660.610.750.530.750.490.120.490.730.610.730.70.690.170.41
0.660.890.550.860.850.90.920.36-0.880.950.860.920.820.930.850.740.560.290.860.770.740.660.690.270.72
0.040.420.80.490.610.40.43-0.080.090.320.360.070.450.070.50.040.030.240.470.440.490.50.170.270.06
0.990.610.040.480.530.660.570.83-0.610.620.640.580.550.670.580.980.6-0.380.70.670.550.080.410.720.06
Click cells to compare fundamentals

Proto Labs Account Relationship Matchups

Proto Labs fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding27.0M26.9M27.7M27.4M26.2M26.3M
Total Assets673.7M744.2M928.6M802.2M795.6M489.6M
Other Current Liab27.4M28.2M25.7M35.1M32.2M20.0M
Total Current Liabilities47.6M50.3M54.9M71.6M49.7M35.8M
Total Stockholder Equity585.8M644.4M828.5M697.6M695.3M422.6M
Property Plant And Equipment Net275.1M294.9M287.8M279.2M259.2M170.1M
Net Debt(113.3M)(114.3M)(58.5M)(35.2M)(78.3M)(82.2M)
Retained Earnings324.7M362.9M376.7M258.2M256.4M178.4M
Accounts Payable16.8M18.2M25.4M17.4M15.6M13.2M
Cash125.2M127.6M65.9M56.6M83.8M61.4M
Non Current Assets Total437.2M502.2M745.1M615.6M595.0M336.3M
Cash And Short Term Investments160.7M161.7M77.5M80.1M102.8M90.4M
Net Receivables57.5M58.4M81.4M80.3M75.1M46.2M
Short Term Investments35.4M34.1M11.6M23.6M19.0M29.0M
Liabilities And Stockholders Equity673.7M744.2M928.6M802.2M795.6M489.6M
Non Current Liabilities Total40.3M49.6M45.2M32.9M50.7M31.2M
Inventory10.1M10.9M13.2M13.6M13.7M9.1M
Other Current Assets8.2M11.0M11.5M12.6M9.1M7.7M
Other Stockholder Equity268.1M284.8M468.5M473.7M466.9M241.8M
Total Liab87.9M99.8M100.1M104.5M100.3M67.0M
Property Plant And Equipment Gross275.1M294.9M280.3M279.2M489.4M513.9M
Total Current Assets236.4M242.0M183.5M186.6M200.7M153.4M
Accumulated Other Comprehensive Income(7.0M)(3.4M)(16.8M)(34.4M)(28.0M)(26.6M)
Other Liab31.7M40.1M41.6M30.7M35.3M37.1M
Property Plant Equipment263.7M282.7M287.8M257.8M296.5M169.1M
Net Tangible Assets585.8M515.6M389.9M392.4M451.3M401.7M
Non Currrent Assets Other3.0M4.8M4.3M4.8M4.9M2.8M
Other Assets3.0M53.9M4.3M4.8M5.5M7.4M
Retained Earnings Total Equity324.7M362.9M376.7M258.2M297.0M220.6M
Capital Surpluse268.1M284.8M468.5M473.7M544.8M299.4M
Long Term Investments13.0M59.4M14.3M26.4M8.0M7.6M
Non Current Liabilities Other5.4M1.9M5.7M4.4M5.0M4.3M
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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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:
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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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.