PureCycle Total Assets vs Common Stock Shares Outstanding Analysis

PCTTW Stock

USD 1.20 0.25 17.24%

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 Total Assets and its Common Stock Shares Outstanding 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 various price indices.

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

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PureCycle Technologies Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.

The correlation between PureCycle Technologies' Total Assets and Common Stock Shares Outstanding is 0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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' Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of PureCycle Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., PureCycle Technologies' Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of PureCycle Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PureCycle Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

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

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 various price indices.

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

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	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	Other Assets
Total Assets		0.87	0.95	0.98	0.97	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	-0.5
Short Long Term Debt Total	0.87		0.86	0.9	0.78	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	-0.83
Other Current Liab	0.95	0.86		0.98	0.9	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	-0.45
Total Current Liabilities	0.98	0.9	0.98		0.92	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	-0.52
Total Stockholder Equity	0.97	0.78	0.9	0.92		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	-0.42
Property Plant And Equipment Net	0.88	0.93	0.77	0.84	0.85		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	-0.81
Net Debt	0.86	1.0	0.85	0.89	0.77	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	-0.84
Retained Earnings	-0.93	-0.96	-0.86	-0.91	-0.89	-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	0.77
Accounts Payable	-0.75	-0.7	-0.86	-0.82	-0.73	-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	0.35
Cash	0.88	0.98	0.88	0.91	0.8	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	-0.77
Non Current Assets Total	0.9	0.98	0.85	0.9	0.85	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	-0.8
Long Term Debt	0.87	1.0	0.87	0.91	0.78	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	-0.82
Cash And Short Term Investments	0.94	0.77	0.94	0.92	0.97	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	-0.39
Common Stock Total Equity	0.11	0.18	0.35	0.25	-0.02	-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	0.1
Common Stock Shares Outstanding	0.28	0.17	-0.02	0.13	0.36	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	-0.28
Non Current Liabilities Total	0.89	1.0	0.87	0.91	0.81	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	-0.82
Other Current Assets	0.75	0.93	0.64	0.74	0.67	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	-0.93
Other Stockholder Equity	0.99	0.83	0.92	0.95	0.99	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	-0.46
Total Liab	0.9	1.0	0.88	0.92	0.82	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	-0.81
Net Invested Capital	1.0	0.87	0.94	0.98	0.97	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	-0.5
Property Plant And Equipment Gross	0.88	0.93	0.77	0.84	0.85	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	-0.81
Total Current Assets	0.86	0.67	0.88	0.84	0.92	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	-0.31
Capital Stock	-0.07	0.01	0.17	0.08	-0.2	-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	0.21
Net Working Capital	0.81	0.61	0.83	0.78	0.89	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	-0.26
Common Stock	-0.85	-0.82	-0.97	-0.91	-0.79	-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		0.41
Other Assets	-0.5	-0.83	-0.45	-0.52	-0.42	-0.81	-0.84	0.77	0.35	-0.77	-0.8	-0.82	-0.39	0.1	-0.28	-0.82	-0.93	-0.46	-0.81	-0.5	-0.81	-0.31	0.21	-0.26	0.41

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
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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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:

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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices.

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

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.

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PureCycle Total Assets vs Common Stock Shares Outstanding Analysis

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Total Assets

Common Stock Shares Outstanding

PureCycle Technologies fundamental ratios Correlations

PureCycle Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PureCycle Technologies fundamental ratios Accounts

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Build Optimal Portfolios

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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
Common Stock	- 0.97	Other Current Liab