Park Common Stock Shares Outstanding vs Other Current Assets Analysis

TRAK Stock   16.65  0.57  3.54%   
Park City financial indicator trend analysis is much more than just breaking down Park City Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park City Group is a good investment. Please check the relationship between Park City Common Stock Shares Outstanding and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Park City Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park City Group Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Park City's Common Stock Shares Outstanding and Other Current Assets is 0.55. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Park City Group, assuming nothing else is changed. The correlation between historical values of Park City's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Park City Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Park City's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Park City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park City Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Park City Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Tax Provision is expected to rise to about 388.1 K this year, although the value of Selling General Administrative will most likely fall to about 4 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses13.6M14.0M16.1M10.5M
Total Revenue18.0M19.1M22.0M11.3M

Park City fundamental ratios Correlations

0.390.190.540.99-0.9-0.140.210.950.97-0.380.950.60.710.720.070.560.770.570.980.710.450.35-0.730.630.14
0.39-0.020.860.29-0.06-0.550.230.180.470.120.180.80.590.550.570.220.610.880.320.60.350.98-0.430.840.61
0.19-0.020.340.16-0.13-0.540.120.110.33-0.050.11-0.150.480.51-0.170.080.480.260.070.480.61-0.05-0.43-0.090.06
0.540.860.340.43-0.19-0.810.460.310.66-0.080.310.730.840.760.260.30.790.970.420.840.710.85-0.730.650.48
0.990.290.160.43-0.94-0.040.160.980.94-0.410.980.520.650.670.00.550.710.460.990.640.380.24-0.680.560.06
-0.9-0.06-0.13-0.19-0.94-0.180.01-0.97-0.790.49-0.97-0.3-0.5-0.540.19-0.46-0.57-0.19-0.94-0.49-0.2-0.050.56-0.420.2
-0.14-0.55-0.54-0.81-0.04-0.18-0.590.12-0.33-0.060.12-0.43-0.73-0.63-0.13-0.2-0.6-0.740.02-0.74-0.84-0.520.61-0.16-0.47
0.210.230.120.460.160.01-0.590.030.30.00.030.50.530.460.070.540.430.430.130.530.570.18-0.49-0.010.38
0.950.180.110.310.98-0.970.120.030.86-0.461.00.40.540.57-0.10.450.60.330.980.530.260.16-0.610.53-0.1
0.970.470.330.660.94-0.79-0.330.30.86-0.340.860.610.790.780.150.560.850.690.90.790.590.41-0.760.60.28
-0.380.12-0.05-0.08-0.410.49-0.060.0-0.46-0.34-0.460.09-0.13-0.160.46-0.08-0.23-0.01-0.4-0.13-0.270.060.310.090.44
0.950.180.110.310.98-0.970.120.031.00.86-0.460.40.540.57-0.10.450.60.330.980.530.260.16-0.610.53-0.1
0.60.8-0.150.730.52-0.3-0.430.50.40.610.090.40.680.680.470.570.70.760.560.680.420.75-0.580.780.59
0.710.590.480.840.65-0.5-0.730.530.540.79-0.130.540.680.940.040.530.920.780.621.00.80.56-0.910.520.32
0.720.550.510.760.67-0.54-0.630.460.570.78-0.160.570.680.940.060.550.970.680.650.940.790.51-0.880.540.32
0.070.57-0.170.260.00.19-0.130.07-0.10.150.46-0.10.470.040.060.090.140.440.00.05-0.030.410.120.520.89
0.560.220.080.30.55-0.46-0.20.540.450.56-0.080.450.570.530.550.090.560.310.540.530.310.16-0.50.230.31
0.770.610.480.790.71-0.57-0.60.430.60.85-0.230.60.70.920.970.140.560.730.680.920.760.57-0.820.590.35
0.570.880.260.970.46-0.19-0.740.430.330.69-0.010.330.760.780.680.440.310.730.450.780.640.83-0.670.70.61
0.980.320.070.420.99-0.940.020.130.980.9-0.40.980.560.620.650.00.540.680.450.610.320.28-0.670.620.03
0.710.60.480.840.64-0.49-0.740.530.530.79-0.130.530.681.00.940.050.530.920.780.610.80.57-0.90.520.32
0.450.350.610.710.38-0.2-0.840.570.260.59-0.270.260.420.80.79-0.030.310.760.640.320.80.29-0.820.140.34
0.350.98-0.050.850.24-0.05-0.520.180.160.410.060.160.750.560.510.410.160.570.830.280.570.29-0.390.80.45
-0.73-0.43-0.43-0.73-0.680.560.61-0.49-0.61-0.760.31-0.61-0.58-0.91-0.880.12-0.5-0.82-0.67-0.67-0.9-0.82-0.39-0.43-0.19
0.630.84-0.090.650.56-0.42-0.16-0.010.530.60.090.530.780.520.540.520.230.590.70.620.520.140.8-0.430.44
0.140.610.060.480.060.2-0.470.38-0.10.280.44-0.10.590.320.320.890.310.350.610.030.320.340.45-0.190.44
Click cells to compare fundamentals

Park City Account Relationship Matchups

Park City fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.4M55.0M49.3M50.6M58.2M61.1M
Short Long Term Debt Total7.5M6.7M3.0M747.1K859.2K816.2K
Other Current Liab1.1M988.1K1.2M1.6M1.9M1.1M
Total Current Liabilities8.9M9.3M6.1M4.2M4.9M5.5M
Total Stockholder Equity42.6M45.1M42.9M45.9M52.8M55.4M
Net Debt(12.9M)(17.4M)(18.5M)(23.2M)(20.9M)(19.9M)
Retained Earnings(32.9M)(29.4M)(25.9M)(22.0M)(19.8M)(20.8M)
Accounts Payable407.5K467.2K690.6K431.4K496.1K567.9K
Cash20.3M24.1M21.5M24.0M27.6M29.0M
Non Current Assets Total26.3M25.3M22.7M23.3M26.8M28.1M
Non Currrent Assets Other938.2K479.3K213.4K166.7K150.1K142.6K
Cash And Short Term Investments20.3M24.1M21.5M24.0M27.6M29.0M
Net Receivables6.3M5.1M3.8M2.7M3.1M2.6M
Common Stock Total Equity197.9K194.8K193.5K184.6K166.1K157.8K
Common Stock Shares Outstanding19.9M19.8M19.4M18.8M21.6M11.9M
Liabilities And Stockholders Equity53.4M55.0M49.3M50.6M58.2M61.1M
Non Current Liabilities Total1.9M605.2K321.8K469.1K422.2K401.1K
Other Current Assets495.5K81.9K1.3M573.8K659.8K537.7K
Other Stockholder Equity75.3M74.3M68.7M67.7M77.9M41.1M
Total Liab10.8M9.9M6.4M4.7M5.4M7.5M
Total Current Assets27.1M29.7M26.6M27.3M31.4M32.9M
Common Stock194.8K193.5K184.6K183.1K164.8K156.5K
Current Deferred Revenue1.8M1.8M1.6M1.9M2.2M1.7M
Short Term Debt5.5M6.1M2.6M278.0K319.7K303.8K
Property Plant And Equipment Net3.8M3.3M1.1M1.3M1.5M1.1M
Long Term Debt1.6M920.8K1.2M206.0K185.4K176.2K
Property Plant And Equipment Gross3.8M3.3M3.7M4.4M5.1M5.3M
Intangible Assets675.5K697.3K508.7K961.1K865.0K1.3M
Property Plant Equipment3.8M3.3M764.5K1.3M1.5M1.1M
Other Assets938.2K479.3K213.4K166.7K150.1K142.6K
Net Tangible Assets21.0M23.6M42.9M24.0M27.6M28.8M
Retained Earnings Total Equity(37.2M)(33.9M)(32.9M)(25.9M)(29.8M)(31.3M)
Capital Surpluse76.7M76.9M75.3M68.7M79.0M70.9M

Currently Active Assets on Macroaxis

When determining whether Park City Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park City Group Stock. Highlighted below are key reports to facilitate an investment decision about Park City Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Park City Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Park City Group information on this page should be used as a complementary analysis to other Park City's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Park City's price analysis, check to measure Park City'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 Park City is operating at the current time. Most of Park City's value examination focuses on studying past and present price action to predict the probability of Park City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park City's price. Additionally, you may evaluate how the addition of Park City to your portfolios can decrease your overall portfolio volatility.
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Is Park City'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 Park City. If investors know Park 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 Park City 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
0.167
Dividend Share
0.07
Earnings Share
0.27
Revenue Per Share
1.083
Quarterly Revenue Growth
0.079
The market value of Park City Group is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park City's value that differs from its market value or its book value, called intrinsic value, which is Park City'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 Park City's market value can be influenced by many factors that don't directly affect Park City'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 Park City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park City'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.