PureCycle Other Assets vs Common Stock 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 Other Assets and its Common Stock 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.

Other Assets vs Common Stock

Other Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureCycle Technologies Other Assets account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PureCycle Technologies' Other Assets and Common Stock is 0.41. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock 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' Other Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of PureCycle Technologies are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Assets i.e., PureCycle Technologies' Other Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Common Stock

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 Expenses59.0M54.8M95.0M48.4M
Cost Of Revenue10.6M26.6M18.9M13.2M

PureCycle Technologies fundamental ratios Correlations

0.870.950.980.970.880.86-0.93-0.750.880.90.870.940.110.280.890.750.990.91.00.880.86-0.070.81-0.85-0.5
0.870.860.90.780.931.0-0.96-0.70.980.981.00.770.180.171.00.930.831.00.870.930.670.010.61-0.82-0.83
0.950.860.980.90.770.85-0.86-0.860.880.850.870.940.35-0.020.870.640.920.880.940.770.880.170.83-0.97-0.45
0.980.90.980.920.840.89-0.91-0.820.910.90.910.920.250.130.910.740.950.920.980.840.840.080.78-0.91-0.52
0.970.780.90.920.850.77-0.89-0.730.80.850.780.97-0.020.360.810.670.990.820.970.850.92-0.20.89-0.79-0.42
0.880.930.770.840.850.93-0.99-0.60.920.980.920.78-0.110.470.950.940.880.950.881.00.69-0.280.63-0.67-0.81
0.861.00.850.890.770.93-0.96-0.690.970.971.00.770.150.181.00.940.820.990.860.930.67-0.020.61-0.8-0.84
-0.93-0.96-0.86-0.91-0.89-0.99-0.960.69-0.95-0.99-0.96-0.840.0-0.37-0.98-0.93-0.92-0.98-0.93-0.99-0.750.18-0.70.770.77
-0.75-0.7-0.86-0.82-0.73-0.6-0.690.69-0.74-0.69-0.71-0.79-0.460.23-0.71-0.45-0.72-0.72-0.73-0.59-0.76-0.34-0.730.890.35
0.880.980.880.910.80.920.97-0.95-0.740.980.980.770.280.110.990.880.840.990.870.920.660.110.59-0.86-0.77
0.90.980.850.90.850.980.97-0.99-0.690.980.980.80.090.290.990.930.880.990.90.980.7-0.080.63-0.79-0.8
0.871.00.870.910.780.921.0-0.96-0.710.980.980.780.20.141.00.920.831.00.870.930.680.030.62-0.83-0.82
0.940.770.940.920.970.780.77-0.84-0.790.770.80.780.070.190.80.610.950.80.950.770.98-0.110.96-0.85-0.39
0.110.180.350.25-0.02-0.110.150.0-0.460.280.090.20.07-0.850.16-0.140.010.160.08-0.110.00.98-0.04-0.560.1
0.280.17-0.020.130.360.470.18-0.370.230.110.290.140.19-0.850.20.450.370.190.310.470.16-0.880.160.25-0.28
0.891.00.870.910.810.951.0-0.98-0.710.990.991.00.80.160.20.930.851.00.890.950.7-0.010.63-0.82-0.82
0.750.930.640.740.670.940.94-0.93-0.450.880.930.920.61-0.140.450.930.720.920.750.950.51-0.280.45-0.55-0.93
0.990.830.920.950.990.880.82-0.92-0.720.840.880.830.950.010.370.850.720.860.990.880.89-0.170.84-0.8-0.46
0.91.00.880.920.820.950.99-0.98-0.720.990.991.00.80.160.191.00.920.860.890.950.71-0.010.64-0.83-0.81
1.00.870.940.980.970.880.86-0.93-0.730.870.90.870.950.080.310.890.750.990.890.880.87-0.10.82-0.84-0.5
0.880.930.770.840.851.00.93-0.99-0.590.920.980.930.77-0.110.470.950.950.880.950.880.68-0.280.63-0.67-0.81
0.860.670.880.840.920.690.67-0.75-0.760.660.70.680.980.00.160.70.510.890.710.870.68-0.170.99-0.78-0.31
-0.070.010.170.08-0.2-0.28-0.020.18-0.340.11-0.080.03-0.110.98-0.88-0.01-0.28-0.17-0.01-0.1-0.28-0.17-0.21-0.390.21
0.810.610.830.780.890.630.61-0.7-0.730.590.630.620.96-0.040.160.630.450.840.640.820.630.99-0.21-0.73-0.26
-0.85-0.82-0.97-0.91-0.79-0.67-0.80.770.89-0.86-0.79-0.83-0.85-0.560.25-0.82-0.55-0.8-0.83-0.84-0.67-0.78-0.39-0.730.41
-0.5-0.83-0.45-0.52-0.42-0.81-0.840.770.35-0.77-0.8-0.82-0.390.1-0.28-0.82-0.93-0.46-0.81-0.5-0.81-0.310.21-0.260.41
Click cells to compare fundamentals

PureCycle Technologies Account Relationship Matchups

PureCycle Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.3M404.1M664.7M861.3M1.0B555.2M
Short Long Term Debt Total19.9M262.3M232.5M250.1M543.8M571.0M
Other Current Liab1.2M31.9M37.1M31.6M38.6M25.8M
Total Current Liabilities10.5M33.1M38.5M38.3M55.6M33.2M
Total Stockholder Equity2.4M107.9M381.5M510.9M420.2M262.0M
Property Plant And Equipment Net30.4M70.2M225.2M524.9M668.5M702.0M
Net Debt19.8M197.8M199.1M186.2M444.7M466.9M
Retained Earnings(27.7M)(84.6M)(157.8M)(242.5M)(344.2M)(327.0M)
Accounts Payable2.4M1.1M1.4M1.7M2.9M1.9M
Cash150.1K64.5M33.4M63.9M99.1M104.1M
Non Current Assets Total30.4M336.3M319.3M625.1M876.7M920.6M
Long Term Debt13M262.2M232.5M233.5M507.4M532.8M
Cash And Short Term Investments150.1K64.5M200.8M162.5M147.3M105.5M
Liabilities And Stockholders Equity33.3M404.1M664.7M861.3M1.0B555.2M
Non Current Liabilities Total20.4M263.2M244.7M312.2M563.5M591.7M
Other Current Assets720.6K445.5K2.7M4.9M15.3M16.1M
Other Stockholder Equity4.2M192.4M539.4M753.9M764.3M413.3M
Total Liab30.9M296.2M283.1M350.5M619.1M650.1M
Net Invested Capital(3.3M)308.9M614.0M744.4M936.8M478.1M
Property Plant And Equipment Gross30.4M70.2M230.3M533.5M693.1M727.7M
Total Current Assets2.9M67.8M345.3M236.2M162.6M149.5M
Capital Stock25.9M149.3M128K164K147.6K140.2K
Net Working Capital(7.6M)34.8M306.9M197.9M107.0M116.4M

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When determining whether PureCycle Technologies is a strong investment it is important to analyze PureCycle Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PureCycle Technologies' future performance. For an informed investment choice regarding PureCycle Stock, refer to the following important reports:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.