Purple Net Debt vs Capital Surpluse Analysis
PRPL Stock | USD 1.49 0.01 0.68% |
Purple Innovation financial indicator trend analysis is much more than just breaking down Purple Innovation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Purple Innovation is a good investment. Please check the relationship between Purple Innovation Net Debt and its Capital Surpluse accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purple Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.
Net Debt vs Capital Surpluse
Net Debt vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purple Innovation Net Debt account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Purple Innovation's Net Debt and Capital Surpluse is 0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Purple Innovation, assuming nothing else is changed. The correlation between historical values of Purple Innovation's Net Debt and Capital Surpluse 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 Debt of Purple Innovation are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Debt i.e., Purple Innovation's Net Debt and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Capital Surpluse
Most indicators from Purple Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Purple Innovation 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 Purple Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.At this time, Purple Innovation's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 231.1 M this year, although Enterprise Value Over EBITDA will most likely fall to (2.99).
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 431.3M | 365.1M | 338.7M | 225.9M | Research Development | 6.9M | 8.8M | 11.9M | 12.5M |
Purple Innovation fundamental ratios Correlations
Click cells to compare fundamentals
Purple Innovation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Purple Innovation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 147.7M | 554.7M | 642.5M | 433.3M | 390.6M | 294.4M | |
Other Current Liab | 30.3M | 53.1M | 44.4M | 34.8M | 38.5M | 24.1M | |
Total Current Liabilities | 86.9M | 132.2M | 142.0M | 99.4M | 111.0M | 68.8M | |
Total Stockholder Equity | (2.4M) | 159.9M | 145.8M | 178.0M | 115.4M | 111.4M | |
Net Tangible Assets | (3.5M) | 150.0M | 132.6M | 146.8M | 168.9M | 177.3M | |
Retained Earnings | (8.3M) | (4.6M) | (261.8M) | (351.5M) | (476.0M) | (452.2M) | |
Accounts Payable | 50.2M | 69.6M | 79.8M | 46.4M | 49.8M | 35.4M | |
Cash | 33.5M | 123.0M | 91.6M | 41.8M | 26.9M | 36.4M | |
Net Receivables | 28.7M | 29.1M | 25.4M | 34.6M | 37.8M | 19.1M | |
Inventory | 47.6M | 65.7M | 98.7M | 73.2M | 66.9M | 43.6M | |
Total Liab | 152.5M | 394.5M | 495.9M | 254.4M | 275.0M | 183.2M | |
Total Current Assets | 114.1M | 229.1M | 229.5M | 161.5M | 141.8M | 101.9M | |
Short Term Debt | 87K | 3.2M | 7.1M | 13.7M | 17.0M | 17.8M | |
Property Plant Equipment | 32.0M | 61.5M | 180.7M | 136.7M | 157.2M | 165.0M | |
Net Debt | 1.9M | (29.4M) | 90.7M | 109.1M | 126.1M | 132.4M | |
Non Current Assets Total | 33.6M | 325.7M | 413.0M | 271.9M | 248.8M | 213.9M | |
Non Currrent Assets Other | 525K | 1.6M | 1.3M | 1.5M | 2.2M | 2.1M | |
Other Assets | 525K | 254.2M | 219.1M | 1.5M | 1.8M | 1.7M | |
Long Term Debt | 35.4M | 41.4M | 94.1M | 23.7M | 26.9M | 30.7M | |
Cash And Short Term Investments | 33.5M | 123.0M | 91.6M | 41.8M | 26.9M | 40.4M | |
Common Stock Shares Outstanding | 10.0M | 39.2M | 67.3M | 81.8M | 103.9M | 109.1M | |
Liabilities And Stockholders Equity | 147.7M | 554.7M | 642.5M | 433.3M | 390.6M | 327.0M | |
Non Current Liabilities Total | 65.6M | 262.3M | 353.9M | 155.0M | 164.0M | 127.0M | |
Other Current Assets | 3.4M | 10.5M | 5.7M | 4.1M | 10.3M | 10.8M | |
Other Stockholder Equity | 6.0M | 164.5M | 407.6M | 529.5M | 591.4M | 620.9M | |
Intangible Assets | 1.1M | 9.9M | 13.2M | 26.2M | 22.2M | 23.3M | |
Other Liab | 30.2M | 171.9M | 178.6M | 17.9M | 20.6M | 19.5M | |
Non Current Liabilities Other | 8.6M | 262.3M | 353.9M | 157.1M | 180.7M | 163.6M | |
Short Long Term Debt Total | 35.4M | 93.6M | 182.3M | 150.9M | 153.0M | 100.1M | |
Net Invested Capital | 33.0M | 203.3M | 242.2M | 201.6M | 144.5M | 151.2M | |
Net Working Capital | 27.3M | 96.9M | 87.5M | 64.1M | 30.8M | 47.8M | |
Property Plant And Equipment Net | 32.0M | 102.9M | 180.7M | 239.2M | 224.4M | 147.0M | |
Current Deferred Revenue | 6.3M | 6.3M | 10.9M | 4.5M | 5.7M | 5.5M | |
Capital Surpluse | 6.0M | 164.5M | 407.6M | 529.5M | 608.9M | 639.3M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purple Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running Purple Innovation's price analysis, check to measure Purple Innovation's 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 Purple Innovation is operating at the current time. Most of Purple Innovation's value examination focuses on studying past and present price action to predict the probability of Purple Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purple Innovation's price. Additionally, you may evaluate how the addition of Purple Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Purple Innovation's 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 Purple Innovation. If investors know Purple 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 Purple Innovation 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 (0.60) | Earnings Share (1.38) | Revenue Per Share 4.965 | Quarterly Revenue Growth 0.125 | Return On Assets (0.16) |
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation'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 Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation'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.