PTC Non Current Assets Total vs Retained Earnings Analysis

PTC Stock  USD 184.22  0.01  0.01%   
PTC financial indicator trend analysis is much more than just breaking down PTC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC Inc is a good investment. Please check the relationship between PTC Non Current Assets Total and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Non Current Assets Total vs Retained Earnings

Non Current Assets Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC Inc Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PTC's Non Current Assets Total and Retained Earnings is 0.88. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of PTC Inc, assuming nothing else is changed. The correlation between historical values of PTC's Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of PTC Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., PTC's Non Current Assets Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from PTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC Inc 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 PTC Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At present, PTC's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.7B1.9B2.0B
Total Revenue1.9B2.1B2.4B2.5B

PTC fundamental ratios Correlations

0.98-0.250.370.990.90.970.870.261.00.890.220.980.60.970.420.491.00.90.95-0.280.360.961.0-0.420.91
0.98-0.160.380.980.940.990.890.230.980.910.190.950.540.980.360.440.980.940.92-0.260.270.930.98-0.390.86
-0.25-0.160.63-0.24-0.03-0.21-0.280.34-0.28-0.250.44-0.29-0.03-0.2-0.210.11-0.27-0.03-0.090.47-0.07-0.31-0.29-0.17-0.54
0.370.380.630.370.420.290.10.830.330.30.860.310.650.350.430.750.360.420.550.280.340.320.31-0.690.1
0.990.98-0.240.370.920.960.880.260.990.910.210.990.590.960.360.490.980.920.95-0.330.390.930.98-0.410.89
0.90.94-0.030.420.920.930.840.240.890.840.20.910.50.870.160.440.881.00.89-0.380.30.790.88-0.380.7
0.970.99-0.210.290.960.930.930.10.970.890.070.940.460.970.30.350.960.930.87-0.30.260.910.97-0.290.86
0.870.89-0.280.10.880.840.93-0.130.880.81-0.190.90.180.860.060.070.850.840.75-0.460.170.80.890.030.82
0.260.230.340.830.260.240.1-0.130.220.280.980.230.750.220.540.840.260.240.460.250.220.220.19-0.790.09
1.00.98-0.280.330.990.890.970.880.220.90.180.980.580.980.420.460.990.890.93-0.280.340.971.0-0.390.93
0.890.91-0.250.30.910.840.890.810.280.90.20.890.510.920.40.440.870.840.81-0.280.240.80.88-0.340.81
0.220.190.440.860.210.20.07-0.190.980.180.20.160.740.190.530.830.230.20.420.390.210.20.15-0.810.04
0.980.95-0.290.310.990.910.940.90.230.980.890.160.540.930.280.430.960.910.94-0.380.340.910.97-0.340.9
0.60.54-0.030.650.590.50.460.180.750.580.510.740.540.540.710.960.610.50.710.010.610.60.55-0.930.45
0.970.98-0.20.350.960.870.970.860.220.980.920.190.930.540.430.440.970.870.87-0.130.270.930.97-0.380.89
0.420.36-0.210.430.360.160.30.060.540.420.40.530.280.710.430.70.460.160.390.210.460.530.41-0.630.45
0.490.440.110.750.490.440.350.070.840.460.440.830.430.960.440.70.480.440.610.110.590.450.42-0.950.3
1.00.98-0.270.360.980.880.960.850.260.990.870.230.960.610.970.460.480.880.94-0.240.330.980.99-0.420.93
0.90.94-0.030.420.921.00.930.840.240.890.840.20.910.50.870.160.440.880.89-0.380.30.790.88-0.380.7
0.950.92-0.090.550.950.890.870.750.460.930.810.420.940.710.870.390.610.940.89-0.280.410.90.92-0.560.8
-0.28-0.260.470.28-0.33-0.38-0.3-0.460.25-0.28-0.280.39-0.380.01-0.130.210.11-0.24-0.38-0.28-0.22-0.21-0.28-0.16-0.26
0.360.27-0.070.340.390.30.260.170.220.340.240.210.340.610.270.460.590.330.30.41-0.220.380.34-0.520.23
0.960.93-0.310.320.930.790.910.80.220.970.80.20.910.60.930.530.450.980.790.9-0.210.380.97-0.40.93
1.00.98-0.290.310.980.880.970.890.191.00.880.150.970.550.970.410.420.990.880.92-0.280.340.97-0.360.93
-0.42-0.39-0.17-0.69-0.41-0.38-0.290.03-0.79-0.39-0.34-0.81-0.34-0.93-0.38-0.63-0.95-0.42-0.38-0.56-0.16-0.52-0.4-0.36-0.2
0.910.86-0.540.10.890.70.860.820.090.930.810.040.90.450.890.450.30.930.70.8-0.260.230.930.93-0.2
Click cells to compare fundamentals

PTC Account Relationship Matchups

PTC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B4.5B4.7B6.3B7.2B7.6B
Short Long Term Debt Total1.2B1.6B1.6B1.9B2.2B2.3B
Other Current Liab204.4M235.9M226.3M(52.9M)(60.8M)(57.7M)
Total Current Liabilities680.8M779.3M792.3M681.6M783.8M440.3M
Total Stockholder Equity1.4B2.0B2.3B2.7B3.1B3.2B
Property Plant And Equipment Net251.4M252.6M235.9M231.4M266.1M279.4M
Net Debt944.9M1.3B1.3B1.6B1.8B1.9B
Retained Earnings(62.3M)414.7M727.7M973.3M1.1B1.2B
Cash275.5M326.5M272.2M288.1M331.3M237.2M
Non Current Assets Total2.5B3.6B3.8B5.2B6.0B6.3B
Non Currrent Assets Other212.6M826.0M545.0M658.2M756.9M794.7M
Cash And Short Term Investments303.6M326.5M272.2M288.1M331.3M248.1M
Net Receivables415.2M541.1M636.6M811.4M933.1M979.8M
Common Stock Shares Outstanding116.3M118.4M118.2M119.3M137.2M120.4M
Liabilities And Stockholders Equity3.4B4.5B4.7B6.3B7.2B7.6B
Non Current Liabilities Total1.3B2.5B2.4B2.9B3.4B3.5B
Other Current Assets45.2M135.4M71.1M177.9M204.5M111.4M
Other Stockholder Equity1.6B1.7B1.7B1.8B2.1B1.4B
Total Liab1.9B2.5B2.4B3.6B4.2B4.4B
Property Plant And Equipment Gross251.4M252.6M235.9M231.4M266.1M279.4M
Total Current Assets833.4M867.6M908.7M1.1B1.3B1.3B
Accumulated Other Comprehensive Income(103.4M)(95.9M)(153.5M)(118.1M)(106.3M)(101.0M)
Accounts Payable24.9M33.4M40.2M43.5M50.0M27.4M
Current Deferred Revenue416.8M482.1M503.8M681.6M783.8M823.0M
Good Will1.6B2.2B2.4B3.4B3.9B4.1B
Common Stock Total Equity1.1M1.2M1.2M1.2M1.1M1.3M
Intangible Assets237.6M379.0M382.7M941.2M1.1B1.1B
Common Stock1.2M1.2M1.2M1.2M1.1M1.3M
Other Liab78.0M830.3M851.0M85.5M98.3M164.8M
Other Assets394.6M995.2M794.4M478.3M550.0M577.5M
Property Plant Equipment101.5M252.6M235.9M231.4M266.1M279.4M
Inventory69.4M(135.4M)(71.1M)(177.9M)(160.1M)(152.1M)
Long Term Debt1.0B1.4B1.4B1.7B2.0B2.0B
Net Tangible Assets(425.1M)(532.4M)(440.3M)(1.6B)(1.5B)(1.4B)
Retained Earnings Total Equity(191.4M)(62.3M)414.7M727.7M836.9M878.7M
Capital Surpluse1.5B1.6B1.7B1.7B1.5B1.3B
Deferred Long Term Liab12.4M4.2M79.7M86.2M99.1M104.1M
Non Current Liabilities Other246.0M332.7M330.7M421.0M484.1M508.3M

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When determining whether PTC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PTC's 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 Ptc Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ptc Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is PTC'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 PTC. If investors know PTC 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 PTC 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
0.792
Earnings Share
2.39
Revenue Per Share
18.842
Quarterly Revenue Growth
0.112
Return On Assets
0.0533
The market value of PTC Inc is measured differently than its book value, which is the value of PTC that is recorded on the company's balance sheet. Investors also form their own opinion of PTC's value that differs from its market value or its book value, called intrinsic value, which is PTC'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 PTC's market value can be influenced by many factors that don't directly affect PTC'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 PTC's value and its price as these two are different measures arrived at by different means. Investors typically determine if PTC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTC'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.