PureCycle Net Receivables vs Long Term Debt Analysis
PCTTW Stock | USD 1.54 0.09 6.21% |
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 Net Receivables and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PureCycle Technologies. 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. For more information on how to buy PureCycle Stock please use our How to Invest in PureCycle Technologies guide.
Net Receivables vs Long Term Debt
Net Receivables vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureCycle Technologies Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between PureCycle Technologies' Net Receivables and Long Term Debt is -0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of PureCycle Technologies, assuming nothing else is changed. The correlation between historical values of PureCycle Technologies' Net Receivables and 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 Net Receivables of PureCycle Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., PureCycle Technologies' Net Receivables and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Long Term Debt
Long-term debt is a debt that PureCycle Technologies has held for over one year. Long-term debt appears on PureCycle Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PureCycle Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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. 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. For more information on how to buy PureCycle Stock please use our How to Invest in PureCycle Technologies guide.Tax Provision is likely to climb 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 |
PureCycle Technologies fundamental ratios Correlations
Click cells to compare fundamentals
PureCycle Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | |
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 | 4.2M | 192.4M | 539.4M | 753.9M | 764.3M | 413.3M | |
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 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PureCycle Technologies. 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. For more information on how to buy PureCycle Stock please use our How to Invest in PureCycle Technologies guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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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.
Return On Assets (0.07) | Return On Equity (0.22) |
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.