Purecycle Retained Earnings vs Short Long Term Debt Analysis

PCT Stock

USD 5.53 0.18 3.36%

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

For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purecycle Technologies Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Purecycle Technologies' Retained Earnings and Short Long Term Debt is -0.32. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Purecycle Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Purecycle Technologies' Retained Earnings and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Purecycle Technologies Holdings are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., Purecycle Technologies' Retained Earnings and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Most indicators from Purecycle Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Purecycle Technologies 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 Purecycle Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.Tax Provision is likely to gain to about 682.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 46.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	59.0M	54.8M	95.0M	48.4M
Cost Of Revenue	10.6M	26.6M	18.9M	13.2M

Total Operating Expenses Cost Of Revenue

Purecycle Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock
Total Assets		0.87	0.95	0.98	0.97	0.93	0.88	0.86	-0.93	-0.75	0.88	0.9	0.87	0.94	0.11	0.28	0.89	0.75	0.99	0.9	1.0	0.88	0.86	-0.07	0.81	-0.85
Short Long Term Debt Total	0.87		0.86	0.9	0.78	0.92	0.93	1.0	-0.96	-0.7	0.98	0.98	1.0	0.77	0.18	0.17	1.0	0.93	0.83	1.0	0.87	0.93	0.67	0.01	0.61	-0.82
Other Current Liab	0.95	0.86		0.98	0.9	0.85	0.77	0.85	-0.86	-0.86	0.88	0.85	0.87	0.94	0.35	-0.02	0.87	0.64	0.92	0.88	0.94	0.77	0.88	0.17	0.83	-0.97
Total Current Liabilities	0.98	0.9	0.98		0.92	0.89	0.84	0.89	-0.91	-0.82	0.91	0.9	0.91	0.92	0.25	0.13	0.91	0.74	0.95	0.92	0.98	0.84	0.84	0.08	0.78	-0.91
Total Stockholder Equity	0.97	0.78	0.9	0.92		0.93	0.85	0.77	-0.89	-0.73	0.8	0.85	0.78	0.97	-0.02	0.36	0.81	0.67	0.99	0.82	0.97	0.85	0.92	-0.2	0.89	-0.79
Net Tangible Assets	0.93	0.92	0.85	0.89	0.93		0.98	0.92	-0.98	-0.67	0.9	0.96	0.91	0.89	-0.11	0.43	0.94	0.89	0.94	0.94	0.93	0.98	0.83	-0.29	0.78	-0.74
Property Plant And Equipment Net	0.88	0.93	0.77	0.84	0.85	0.98		0.93	-0.99	-0.6	0.92	0.98	0.92	0.78	-0.11	0.47	0.95	0.94	0.88	0.95	0.88	1.0	0.69	-0.28	0.63	-0.67
Net Debt	0.86	1.0	0.85	0.89	0.77	0.92	0.93		-0.96	-0.69	0.97	0.97	1.0	0.77	0.15	0.18	1.0	0.94	0.82	0.99	0.86	0.93	0.67	-0.02	0.61	-0.8
Retained Earnings	-0.93	-0.96	-0.86	-0.91	-0.89	-0.98	-0.99	-0.96		0.69	-0.95	-0.99	-0.96	-0.84	0.0	-0.37	-0.98	-0.93	-0.92	-0.98	-0.93	-0.99	-0.75	0.18	-0.7	0.77
Accounts Payable	-0.75	-0.7	-0.86	-0.82	-0.73	-0.67	-0.6	-0.69	0.69		-0.74	-0.69	-0.71	-0.79	-0.46	0.23	-0.71	-0.45	-0.72	-0.72	-0.73	-0.59	-0.76	-0.34	-0.73	0.89
Cash	0.88	0.98	0.88	0.91	0.8	0.9	0.92	0.97	-0.95	-0.74		0.98	0.98	0.77	0.28	0.11	0.99	0.88	0.84	0.99	0.87	0.92	0.66	0.11	0.59	-0.86
Non Current Assets Total	0.9	0.98	0.85	0.9	0.85	0.96	0.98	0.97	-0.99	-0.69	0.98		0.98	0.8	0.09	0.29	0.99	0.93	0.88	0.99	0.9	0.98	0.7	-0.08	0.63	-0.79
Long Term Debt	0.87	1.0	0.87	0.91	0.78	0.91	0.92	1.0	-0.96	-0.71	0.98	0.98		0.78	0.2	0.14	1.0	0.92	0.83	1.0	0.87	0.93	0.68	0.03	0.62	-0.83
Cash And Short Term Investments	0.94	0.77	0.94	0.92	0.97	0.89	0.78	0.77	-0.84	-0.79	0.77	0.8	0.78		0.07	0.19	0.8	0.61	0.95	0.8	0.95	0.77	0.98	-0.11	0.96	-0.85
Common Stock Total Equity	0.11	0.18	0.35	0.25	-0.02	-0.11	-0.11	0.15	0.0	-0.46	0.28	0.09	0.2	0.07		-0.85	0.16	-0.14	0.01	0.16	0.08	-0.11	0.0	0.98	-0.04	-0.56
Common Stock Shares Outstanding	0.28	0.17	-0.02	0.13	0.36	0.43	0.47	0.18	-0.37	0.23	0.11	0.29	0.14	0.19	-0.85		0.2	0.45	0.37	0.19	0.31	0.47	0.16	-0.88	0.16	0.25
Non Current Liabilities Total	0.89	1.0	0.87	0.91	0.81	0.94	0.95	1.0	-0.98	-0.71	0.99	0.99	1.0	0.8	0.16	0.2		0.93	0.85	1.0	0.89	0.95	0.7	-0.01	0.63	-0.82
Other Current Assets	0.75	0.93	0.64	0.74	0.67	0.89	0.94	0.94	-0.93	-0.45	0.88	0.93	0.92	0.61	-0.14	0.45	0.93		0.72	0.92	0.75	0.95	0.51	-0.28	0.45	-0.55
Other Stockholder Equity	0.99	0.83	0.92	0.95	0.99	0.94	0.88	0.82	-0.92	-0.72	0.84	0.88	0.83	0.95	0.01	0.37	0.85	0.72		0.86	0.99	0.88	0.89	-0.17	0.84	-0.8
Total Liab	0.9	1.0	0.88	0.92	0.82	0.94	0.95	0.99	-0.98	-0.72	0.99	0.99	1.0	0.8	0.16	0.19	1.0	0.92	0.86		0.89	0.95	0.71	-0.01	0.64	-0.83
Net Invested Capital	1.0	0.87	0.94	0.98	0.97	0.93	0.88	0.86	-0.93	-0.73	0.87	0.9	0.87	0.95	0.08	0.31	0.89	0.75	0.99	0.89		0.88	0.87	-0.1	0.82	-0.84
Property Plant And Equipment Gross	0.88	0.93	0.77	0.84	0.85	0.98	1.0	0.93	-0.99	-0.59	0.92	0.98	0.93	0.77	-0.11	0.47	0.95	0.95	0.88	0.95	0.88		0.68	-0.28	0.63	-0.67
Total Current Assets	0.86	0.67	0.88	0.84	0.92	0.83	0.69	0.67	-0.75	-0.76	0.66	0.7	0.68	0.98	0.0	0.16	0.7	0.51	0.89	0.71	0.87	0.68		-0.17	0.99	-0.78
Capital Stock	-0.07	0.01	0.17	0.08	-0.2	-0.29	-0.28	-0.02	0.18	-0.34	0.11	-0.08	0.03	-0.11	0.98	-0.88	-0.01	-0.28	-0.17	-0.01	-0.1	-0.28	-0.17		-0.21	-0.39
Net Working Capital	0.81	0.61	0.83	0.78	0.89	0.78	0.63	0.61	-0.7	-0.73	0.59	0.63	0.62	0.96	-0.04	0.16	0.63	0.45	0.84	0.64	0.82	0.63	0.99	-0.21		-0.73
Common Stock	-0.85	-0.82	-0.97	-0.91	-0.79	-0.74	-0.67	-0.8	0.77	0.89	-0.86	-0.79	-0.83	-0.85	-0.56	0.25	-0.82	-0.55	-0.8	-0.83	-0.84	-0.67	-0.78	-0.39	-0.73

Click cells to compare fundamentals

Purecycle Technologies Account Relationship Matchups

Purecycle Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.3M	404.1M	664.7M	861.3M	1.0B	555.2M
Short Long Term Debt Total	19.9M	262.3M	232.5M	250.1M	543.8M	571.0M
Other Current Liab	1.2M	31.9M	37.1M	31.6M	38.6M	25.8M
Total Current Liabilities	10.5M	33.1M	38.5M	38.3M	55.6M	33.2M
Total Stockholder Equity	2.4M	107.9M	381.5M	510.9M	420.2M	262.0M
Net Tangible Assets	(23.2M)	46.7M	381.5M	510.9M	587.5M	616.9M
Property Plant And Equipment Net	30.4M	70.2M	225.2M	524.9M	668.5M	702.0M
Net Debt	19.8M	197.8M	199.1M	186.2M	444.7M	466.9M
Retained Earnings	(27.7M)	(84.6M)	(157.8M)	(242.5M)	(344.2M)	(327.0M)
Accounts Payable	2.4M	1.1M	1.4M	1.7M	2.9M	1.9M
Cash	150.1K	64.5M	33.4M	63.9M	99.1M	104.1M
Non Current Assets Total	30.4M	336.3M	319.3M	625.1M	876.7M	920.6M
Long Term Debt	13M	262.2M	232.5M	233.5M	507.4M	532.8M
Cash And Short Term Investments	150.1K	64.5M	200.8M	162.5M	147.3M	105.5M
Liabilities And Stockholders Equity	33.3M	404.1M	664.7M	861.3M	1.0B	555.2M
Non Current Liabilities Total	20.4M	263.2M	244.7M	312.2M	563.5M	591.7M
Other Current Assets	720.6K	445.5K	2.7M	4.9M	15.3M	16.1M
Other Stockholder Equity	107.2K	192.4M	539.4M	753.9M	764.3M	412.5M
Total Liab	30.9M	296.2M	283.1M	350.5M	619.1M	650.1M
Net Invested Capital	(3.3M)	308.9M	614.0M	744.4M	936.8M	478.1M
Property Plant And Equipment Gross	30.4M	70.2M	230.3M	533.5M	693.1M	727.7M
Total Current Assets	2.9M	67.8M	345.3M	236.2M	162.6M	149.5M
Capital Stock	25.9M	149.3M	128K	164K	147.6K	140.2K
Net Working Capital	(7.6M)	34.8M	306.9M	197.9M	107.0M	116.4M
Property Plant Equipment	30.4M	70.2M	225.2M	505.7M	581.6M	610.7M

Pair Trading with Purecycle Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Purecycle Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Purecycle Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Purecycle Stock

0.57	PFFVF	Pfeiffer Vacuum Tech	Pair Corr
0.52	SPECW	Spectaire Holdings Symbol Change	Pair Corr
0.48	SCWO	374Water Common Stock	Pair Corr

The ability to find closely correlated positions to Purecycle Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Purecycle Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Purecycle Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Purecycle Technologies Holdings to buy it.

The correlation of Purecycle Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Purecycle Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Purecycle Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Purecycle Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Purecycle Technologies 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 Purecycle 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 Purecycle Technologies Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Purecycle Technologies Holdings Stock:

How To Invest In Purecycle

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Is Purecycle Stock a good investment?

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What is Purecycle Technologies' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purecycle Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

Note that the Purecycle Technologies information on this page should be used as a complementary analysis to other Purecycle Technologies' 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Purecycle Stock analysis

When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Purecycle Technologies' 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 Purecycle Technologies. If investors know Purecycle 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 Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.99)

Return On Assets

(0.10)

Return On Equity

(0.39)

The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' 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 Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' 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 Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Purecycle Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' 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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Purecycle Retained Earnings vs Short Long Term Debt Analysis

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Long Term Debt

Purecycle Technologies fundamental ratios Correlations

Purecycle Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Purecycle Technologies fundamental ratios Accounts

Pair Trading with Purecycle Technologies

Moving against Purecycle Stock

Complementary Tools for Purecycle Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.99	Retained Earnings
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Property Plant And Equipment Net
Total Liab	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Net Tangible Assets