Progyny Operating Income vs Non Operating Income Net Other Analysis

PGNY Stock  USD 28.09  0.54  1.96%   
Progyny financial indicator trend analysis is much more than just breaking down Progyny prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Progyny is a good investment. Please check the relationship between Progyny Operating Income and its Non Operating Income Net Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progyny. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Progyny Stock please use our How to Invest in Progyny guide.

Operating Income vs Non Operating Income Net Other

Operating Income vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Progyny Operating Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Progyny's Operating Income and Non Operating Income Net Other is 0.02. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Progyny, assuming nothing else is changed. The correlation between historical values of Progyny's Operating Income and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Progyny are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Operating Income i.e., Progyny's Operating Income and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Progyny operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Progyny is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Operating Income Net Other

Most indicators from Progyny's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Progyny 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 Progyny. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Progyny Stock please use our How to Invest in Progyny guide.At this time, Progyny's Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 59 M in 2024.
 2023 2024 (projected)
Discontinued Operations6.6M7.0M
Interest Income732.6K421.8K

Progyny fundamental ratios Correlations

0.90.270.91.0-0.720.970.990.94-0.830.990.990.820.870.840.96-0.790.990.89-0.790.80.9-0.790.480.950.91
0.90.00.70.91-0.50.830.920.79-0.640.870.850.640.650.590.8-0.890.950.67-0.890.660.73-0.890.670.840.97
0.270.00.460.25-0.490.410.220.14-0.60.190.340.60.430.410.210.190.180.480.190.550.450.190.090.44-0.06
0.90.70.460.9-0.740.920.880.85-0.850.90.920.890.970.940.9-0.480.850.99-0.480.860.9-0.480.430.90.71
1.00.910.250.9-0.720.970.990.93-0.830.980.990.820.860.830.96-0.80.990.89-0.80.80.9-0.80.510.950.91
-0.72-0.5-0.49-0.74-0.72-0.81-0.72-0.560.85-0.66-0.74-0.83-0.71-0.64-0.670.41-0.69-0.720.41-0.86-0.780.41-0.39-0.84-0.58
0.970.830.410.920.97-0.810.950.87-0.930.940.970.930.910.870.94-0.670.940.92-0.670.910.95-0.670.540.990.82
0.990.920.220.880.99-0.720.950.9-0.790.980.970.790.860.780.93-0.820.990.85-0.820.790.92-0.820.480.940.93
0.940.790.140.850.93-0.560.870.9-0.690.970.950.690.830.870.97-0.760.90.87-0.760.610.79-0.760.280.820.82
-0.83-0.64-0.6-0.85-0.830.85-0.93-0.79-0.69-0.77-0.84-0.99-0.85-0.83-0.80.42-0.78-0.860.42-0.96-0.880.42-0.57-0.95-0.6
0.990.870.190.90.98-0.660.940.980.97-0.770.980.770.890.860.98-0.790.960.89-0.790.740.89-0.790.380.90.89
0.990.850.340.920.99-0.740.970.970.95-0.840.980.830.890.870.96-0.750.970.92-0.750.80.91-0.750.410.950.86
0.820.640.60.890.82-0.830.930.790.69-0.990.770.830.890.870.81-0.370.770.9-0.370.970.89-0.370.590.940.58
0.870.650.430.970.86-0.710.910.860.83-0.850.890.890.890.950.91-0.430.80.96-0.430.870.94-0.430.340.870.64
0.840.590.410.940.83-0.640.870.780.87-0.830.860.870.870.950.92-0.390.750.97-0.390.790.84-0.390.320.830.57
0.960.80.210.90.96-0.670.940.930.97-0.80.980.960.810.910.92-0.70.910.91-0.70.750.89-0.70.340.890.8
-0.79-0.890.19-0.48-0.80.41-0.67-0.82-0.760.42-0.79-0.75-0.37-0.43-0.39-0.7-0.86-0.451.0-0.38-0.561.0-0.37-0.66-0.93
0.990.950.180.850.99-0.690.940.990.9-0.780.960.970.770.80.750.91-0.860.83-0.860.770.85-0.860.550.930.96
0.890.670.480.990.89-0.720.920.850.87-0.860.890.920.90.960.970.91-0.450.83-0.450.850.88-0.450.420.890.67
-0.79-0.890.19-0.48-0.80.41-0.67-0.82-0.760.42-0.79-0.75-0.37-0.43-0.39-0.71.0-0.86-0.45-0.38-0.561.0-0.37-0.66-0.93
0.80.660.550.860.8-0.860.910.790.61-0.960.740.80.970.870.790.75-0.380.770.85-0.380.89-0.380.640.930.61
0.90.730.450.90.9-0.780.950.920.79-0.880.890.910.890.940.840.89-0.560.850.88-0.560.89-0.560.360.930.71
-0.79-0.890.19-0.48-0.80.41-0.67-0.82-0.760.42-0.79-0.75-0.37-0.43-0.39-0.71.0-0.86-0.451.0-0.38-0.56-0.37-0.66-0.93
0.480.670.090.430.51-0.390.540.480.28-0.570.380.410.590.340.320.34-0.370.550.42-0.370.640.36-0.370.60.57
0.950.840.440.90.95-0.840.990.940.82-0.950.90.950.940.870.830.89-0.660.930.89-0.660.930.93-0.660.60.81
0.910.97-0.060.710.91-0.580.820.930.82-0.60.890.860.580.640.570.8-0.930.960.67-0.930.610.71-0.930.570.81
Click cells to compare fundamentals

Progyny Account Relationship Matchups

Progyny fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.4M253.9M358.1M543.0M756.6M794.5M
Other Current Liab16.8M34.3M2.2M49.0M1.2M1.1M
Total Current Liabilities36.2M77.8M98.8M159.5M186.0M95.3M
Total Stockholder Equity114.3M166.9M251.8M377.0M553.4M581.1M
Net Tangible Assets100.0M153.9M239.3M365.0M419.7M440.7M
Property Plant And Equipment Net3.1M12.1M12.8M15.3M27.8M29.2M
Net Debt(80.4M)(62.0M)(84.0M)(112.4M)(77.9M)(81.8M)
Retained Earnings(113.5M)(68.2M)(2.4M)27.9M90.0M94.5M
Accounts Payable19.4M43.5M61.4M109.3M125.4M131.7M
Cash80.4M70.3M91.4M120.1M97.3M73.0M
Non Current Assets Total18.0M63.7M99.5M109.1M116.2M69.4M
Non Currrent Assets Other652K573K2.9M4.0M3.4M1.9M
Other Assets652K8.2M74.2M81.9M94.2M98.9M
Cash And Short Term Investments80.4M109.3M119.4M189.3M371.1M389.6M
Net Receivables47.1M75.7M134.6M240.1M241.9M121.6M
Common Stock Shares Outstanding83.6M99.1M100.4M100.0M100.7M101.6M
Liabilities And Stockholders Equity150.4M253.9M358.1M543.0M756.6M794.5M
Non Current Liabilities Total19.4M9.2M7.4M6.5M17.2M10.4M
Capital Surpluse228.8M236.1M255.3M349.5M402.0M422.1M
Other Current Assets5.0M5.3M4.6M4.5M27.5M28.8M
Other Stockholder Equity227.7M235.1M254.3M348.5M460.6M242.6M
Total Liab36.2M87.0M106.2M166.0M203.2M102.6M
Net Invested Capital114.3M166.9M251.8M377.0M553.4M581.1M
Property Plant And Equipment Gross3.1M12.1M12.8M15.3M33.1M34.8M
Total Current Assets132.4M190.2M258.5M433.9M640.4M672.4M
Accumulated Other Comprehensive Income(150.4M)1K(93K)501K2.8M3.0M
Net Working Capital96.3M112.4M159.7M274.3M454.5M477.2M
Intangible Assets2.4M1.2M599K99K89.1K84.6K
Property Plant Equipment3.1M3.4M12.8M8.4M9.6M5.3M

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When determining whether Progyny offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Progyny's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Progyny Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Progyny Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progyny. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Progyny Stock please use our How to Invest in Progyny guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is Progyny's 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 Progyny. If investors know Progyny 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 Progyny listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
0.61
Revenue Per Share
11.583
Quarterly Revenue Growth
0.076
Return On Assets
0.0569
The market value of Progyny is measured differently than its book value, which is the value of Progyny that is recorded on the company's balance sheet. Investors also form their own opinion of Progyny's value that differs from its market value or its book value, called intrinsic value, which is Progyny's 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 Progyny's market value can be influenced by many factors that don't directly affect Progyny's 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 Progyny's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progyny is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progyny's 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.