PureCycle Property Plant Equipment 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 Property Plant Equipment 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.
Property Plant Equipment vs Common Stock
Property Plant Equipment vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureCycle Technologies Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between PureCycle Technologies' Property Plant Equipment and Common Stock is -0.55. Overlapping area represents the amount of variation of Property Plant Equipment 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' Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment i.e., PureCycle Technologies' Property Plant Equipment and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant Equipment
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 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 |
PureCycle Technologies Investors Sentiment
The influence of PureCycle Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in PureCycle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to PureCycle Technologies' public news can be used to forecast risks associated with an investment in PureCycle. The trend in average sentiment can be used to explain how an investor holding PureCycle can time the market purely based on public headlines and social activities around PureCycle Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PureCycle Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PureCycle Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average PureCycle Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on PureCycle Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PureCycle Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PureCycle Technologies' short interest history, or implied volatility extrapolated from PureCycle Technologies options trading.
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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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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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.
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.