ProAssurance Net Receivables vs Treasury Stock Analysis

PRA Stock

USD 14.63 0.14 0.95%

ProAssurance financial indicator trend analysis is much more than just breaking down ProAssurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProAssurance is a good investment. Please check the relationship between ProAssurance Net Receivables and its Treasury Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAssurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.

Net Receivables vs Treasury Stock

Net Receivables vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProAssurance Net Receivables account and Treasury Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between ProAssurance's Net Receivables and Treasury Stock is -0.7. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of ProAssurance, assuming nothing else is changed. The correlation between historical values of ProAssurance's Net Receivables and Treasury 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 Net Receivables of ProAssurance are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Receivables i.e., ProAssurance's Net Receivables and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Receivables

Treasury Stock

Most indicators from ProAssurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProAssurance 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 ProAssurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.At present, ProAssurance's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.1 B, whereas Tax Provision is forecasted to decline to (3.2 M).

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.1B	1.1B	648.0M
Total Revenue	1.1B	1.1B	1.1B	648.1M

Gross Profit Total Revenue

ProAssurance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Cash	Short Term Investments	Treasury Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.77	0.0	0.78	-0.31	0.14	0.16	0.35	0.93	0.62	-0.89	-0.89	0.42	0.05	0.4	0.59	-0.52	0.63	-0.18	-0.16	0.35	0.0	0.65	0.64	0.29	0.31
Total Stockholder Equity	0.77		-0.34	0.95	-0.65	0.31	0.47	0.2	0.47	0.6	-0.79	-0.79	-0.08	0.29	0.61	0.58	-0.14	0.19	0.16	0.18	-0.14	-0.42	0.31	0.39	-0.24	-0.09
Property Plant And Equipment Net	0.0	-0.34		-0.33	0.46	-0.19	-0.32	-0.08	0.21	0.18	0.0	0.01	0.58	0.1	-0.2	-0.51	-0.52	0.26	-0.23	-0.25	0.42	0.45	0.18	-0.33	0.37	0.24
Retained Earnings	0.78	0.95	-0.33		-0.55	0.41	0.45	0.08	0.51	0.61	-0.81	-0.81	-0.03	0.18	0.59	0.53	-0.13	0.26	0.3	0.32	-0.09	-0.37	0.32	0.48	-0.19	-0.09
Non Currrent Assets Other	-0.31	-0.65	0.46	-0.55		-0.41	-0.19	-0.33	-0.04	-0.22	0.15	0.16	0.55	-0.36	-0.16	-0.47	-0.19	0.13	-0.18	-0.2	0.4	0.91	-0.05	0.01	0.42	-0.01
Other Assets	0.14	0.31	-0.19	0.41	-0.41		0.31	-0.24	0.01	0.3	-0.23	-0.23	-0.09	0.06	-0.25	-0.13	0.14	0.01	0.72	0.73	0.12	-0.64	0.0	-0.03	-0.34	0.3
Common Stock Shares Outstanding	0.16	0.47	-0.32	0.45	-0.19	0.31		0.16	-0.06	0.53	-0.42	-0.42	-0.18	0.24	0.24	0.07	0.49	-0.48	0.29	0.29	-0.32	-0.17	-0.44	0.05	-0.69	-0.14
Other Stockholder Equity	0.35	0.2	-0.08	0.08	-0.33	-0.24	0.16		0.37	0.18	-0.14	-0.14	-0.02	0.22	-0.05	0.5	0.14	-0.04	-0.69	-0.69	-0.12	-0.09	-0.01	0.28	0.01	0.45
Total Liab	0.93	0.47	0.21	0.51	-0.04	0.01	-0.06	0.37		0.49	-0.76	-0.76	0.63	-0.1	0.19	0.46	-0.64	0.76	-0.33	-0.32	0.56	0.25	0.71	0.65	0.54	0.48
Property Plant And Equipment Gross	0.62	0.6	0.18	0.61	-0.22	0.3	0.53	0.18	0.49		-0.74	-0.74	0.08	0.59	0.32	-0.05	-0.2	-0.01	0.18	0.19	-0.09	-0.08	-0.05	0.03	-0.34	0.01
Common Stock Total Equity	-0.89	-0.79	0.0	-0.81	0.15	-0.23	-0.42	-0.14	-0.76	-0.74		1.0	-0.4	-0.16	-0.5	-0.37	0.45	-0.44	-0.02	-0.04	-0.27	-0.07	-0.44	-0.5	-0.1	-0.16
Common Stock	-0.89	-0.79	0.01	-0.81	0.16	-0.23	-0.42	-0.14	-0.76	-0.74	1.0		-0.4	-0.16	-0.5	-0.37	0.45	-0.44	-0.02	-0.04	-0.27	-0.06	-0.44	-0.5	-0.1	-0.16
Other Liab	0.42	-0.08	0.58	-0.03	0.55	-0.09	-0.18	-0.02	0.63	0.08	-0.4	-0.4		-0.42	-0.11	0.03	-0.61	0.73	-0.32	-0.32	0.87	0.63	0.64	0.41	0.69	0.53
Accounts Payable	0.05	0.29	0.1	0.18	-0.36	0.06	0.24	0.22	-0.1	0.59	-0.16	-0.16	-0.42		0.07	-0.31	0.12	-0.49	0.09	0.11	-0.53	-0.33	-0.46	-0.55	-0.49	-0.29
Cash	0.4	0.61	-0.2	0.59	-0.16	-0.25	0.24	-0.05	0.19	0.32	-0.5	-0.5	-0.11	0.07		0.43	-0.26	0.08	-0.06	-0.05	-0.35	0.05	0.15	0.32	-0.11	-0.44
Short Term Investments	0.59	0.58	-0.51	0.53	-0.47	-0.13	0.07	0.5	0.46	-0.05	-0.37	-0.37	0.03	-0.31	0.43		-0.07	0.42	-0.38	-0.36	0.06	-0.18	0.53	0.78	0.18	0.17
Treasury Stock	-0.52	-0.14	-0.52	-0.13	-0.19	0.14	0.49	0.14	-0.64	-0.2	0.45	0.45	-0.61	0.12	-0.26	-0.07		-0.76	0.31	0.3	-0.61	-0.33	-0.75	-0.19	-0.7	-0.32
Short Long Term Debt Total	0.63	0.19	0.26	0.26	0.13	0.01	-0.48	-0.04	0.76	-0.01	-0.44	-0.44	0.73	-0.49	0.08	0.42	-0.76		-0.24	-0.22	0.8	0.29	0.96	0.65	0.8	0.46
Other Current Liab	-0.18	0.16	-0.23	0.3	-0.18	0.72	0.29	-0.69	-0.33	0.18	-0.02	-0.02	-0.32	0.09	-0.06	-0.38	0.31	-0.24		1.0	-0.18	-0.43	-0.26	-0.26	-0.5	-0.39
Total Current Liabilities	-0.16	0.18	-0.25	0.32	-0.2	0.73	0.29	-0.69	-0.32	0.19	-0.04	-0.04	-0.32	0.11	-0.05	-0.36	0.3	-0.22	1.0		-0.18	-0.45	-0.24	-0.24	-0.5	-0.39
Net Debt	0.35	-0.14	0.42	-0.09	0.4	0.12	-0.32	-0.12	0.56	-0.09	-0.27	-0.27	0.87	-0.53	-0.35	0.06	-0.61	0.8	-0.18	-0.18		0.42	0.74	0.39	0.73	0.64
Non Current Assets Total	0.0	-0.42	0.45	-0.37	0.91	-0.64	-0.17	-0.09	0.25	-0.08	-0.07	-0.06	0.63	-0.33	0.05	-0.18	-0.33	0.29	-0.43	-0.45	0.42		0.14	0.23	0.54	-0.01
Long Term Debt	0.65	0.31	0.18	0.32	-0.05	0.0	-0.44	-0.01	0.71	-0.05	-0.44	-0.44	0.64	-0.46	0.15	0.53	-0.75	0.96	-0.26	-0.24	0.74	0.14		0.6	0.73	0.42
Cash And Short Term Investments	0.64	0.39	-0.33	0.48	0.01	-0.03	0.05	0.28	0.65	0.03	-0.5	-0.5	0.41	-0.55	0.32	0.78	-0.19	0.65	-0.26	-0.24	0.39	0.23	0.6		0.4	0.3
Net Receivables	0.29	-0.24	0.37	-0.19	0.42	-0.34	-0.69	0.01	0.54	-0.34	-0.1	-0.1	0.69	-0.49	-0.11	0.18	-0.7	0.8	-0.5	-0.5	0.73	0.54	0.73	0.4		0.44
Non Current Liabilities Total	0.31	-0.09	0.24	-0.09	-0.01	0.3	-0.14	0.45	0.48	0.01	-0.16	-0.16	0.53	-0.29	-0.44	0.17	-0.32	0.46	-0.39	-0.39	0.64	-0.01	0.42	0.3	0.44

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ProAssurance Account Relationship Matchups

ProAssurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2B	5.0B	6.6B	6.4B	5.2B	3.8B
Total Stockholder Equity	1.9B	1.7B	1.9B	1.8B	1.1B	1.3B
Property Plant And Equipment Net	21.1M	19.0M	19.6M	19.0M	46.0M	48.3M
Retained Earnings	1.5B	1.3B	1.4B	1.4B	1.4B	952.6M
Non Currrent Assets Other	(90.2M)	(108.1M)	(170.4M)	(4.2B)	3.9B	4.1B
Other Assets	(1.8B)	(2.0B)	(3.1B)	5.7B	4.8B	2.5B
Common Stock Shares Outstanding	53.8M	53.9M	54.1M	54.1M	52.8M	61.6M
Liabilities And Stockholders Equity	5.2B	5.0B	6.6B	6.4B	5.2B	3.8B
Other Stockholder Equity	378.4M	340.1M	399.0M	717.2M	(66.1M)	(62.8M)
Total Liab	3.3B	3.3B	4.8B	4.6B	4.1B	2.6B
Common Stock Total Equity	630K	631K	632K	633K	569.7K	541.2K
Common Stock	631K	632K	633K	634K	636K	604.2K
Other Liab	1.8B	2.5B	3.8B	3.6B	4.2B	4.4B
Accounts Payable	52.9M	40.0M	22.6M	28.5M	24.0M	22.8M
Cash	175.4M	215.8M	143.6M	30.0M	65.9M	103.6M
Short Term Investments	2.6B	2.8B	4.1B	3.7B	235.8M	224.0M
Short Long Term Debt Total	307.9M	304.8M	445.8M	447.0M	444.3M	247.8M
Other Current Liab	(52.9M)	(40.0M)	(22.6M)	(28.5M)	2.9B	1.7B
Total Current Liabilities	52.9M	40.0M	22.6M	20.0M	3.0B	1.8B
Net Debt	132.5M	89.0M	302.2M	417.0M	378.4M	397.3M
Non Current Assets Total	3.6B	3.4B	4.8B	326.0M	4.6B	4.9B
Long Term Debt	285.8M	284.7M	425.0M	427.0M	302.1M	237.0M
Cash And Short Term Investments	2.8B	3.0B	4.2B	3.7B	3.8B	1.9B
Net Receivables	653.0M	600.9M	707.4M	693.3M	702.3M	505.9M
Non Current Liabilities Total	307.9M	304.8M	445.8M	3.9B	1.1B	1.1B
Total Current Assets	3.5B	3.6B	4.9B	419.8M	541.3M	849.5M
Accumulated Other Comprehensive Income	37.0M	75.2M	16.3M	(298.6M)	(204.5M)	(194.3M)
Intangible Assets	70.8M	65.7M	73.3M	66.8M	60.3M	67.0M
Other Current Assets	772.8M	773.9M	609.6M	(4.0B)	541.3M	568.3M
Property Plant Equipment	30.4M	30.5M	30.3M	19.0M	17.1M	27.1M
Net Tangible Assets	1.2B	1.2B	1.3B	987.6M	888.8M	1.2B
Retained Earnings Total Equity	1.6B	1.5B	1.3B	1.4B	1.3B	1.3B
Long Term Debt Total	285.8M	284.7M	425.0M	427.0M	491.0M	308.5M
Capital Surpluse	384.6M	388.2M	392.9M	397.9M	358.1M	319.7M
Long Term Investments	3.4B	3.4B	4.8B	4.2B	4.2B	4.3B
Non Current Liabilities Other	2.8B	3.0B	3.0B	4.3B	5.0B	3.2B

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When determining whether ProAssurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProAssurance'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 Proassurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proassurance Stock:

How To Invest In ProAssurance

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Is ProAssurance Stock a good investment?

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What is ProAssurance's Net Worth?

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Largest Insurance - Property & Casualty Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAssurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running ProAssurance's price analysis, check to measure ProAssurance's 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 ProAssurance is operating at the current time. Most of ProAssurance's value examination focuses on studying past and present price action to predict the probability of ProAssurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAssurance's price. Additionally, you may evaluate how the addition of ProAssurance to your portfolios can decrease your overall portfolio volatility.

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Is ProAssurance'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 ProAssurance. If investors know ProAssurance 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 ProAssurance 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

(0.52)

Earnings Share

(0.53)

Revenue Per Share

22.148

Quarterly Revenue Growth

0.034

Return On Assets

0.0052

The market value of ProAssurance is measured differently than its book value, which is the value of ProAssurance that is recorded on the company's balance sheet. Investors also form their own opinion of ProAssurance's value that differs from its market value or its book value, called intrinsic value, which is ProAssurance'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 ProAssurance's market value can be influenced by many factors that don't directly affect ProAssurance'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 ProAssurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAssurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAssurance'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.

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ProAssurance Net Receivables vs Treasury Stock Analysis

Net Receivables vs Treasury Stock

Net Receivables vs Treasury Stock Correlation Analysis

Correlation Coefficient

Net Receivables

Treasury Stock

ProAssurance fundamental ratios Correlations

ProAssurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ProAssurance fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 1.0	Other Current Liab
Long Term Debt	+ 0.96	Short Long Term Debt Total
Retained Earnings	+ 0.95	Total Stockholder Equity
Total Liab	+ 0.93	Total Assets
Non Current Assets Total	+ 0.91	Non Currrent Assets Other

Common Stock	- 0.89	Total Assets
Common Stock Total Equity	- 0.89	Total Assets
Common Stock	- 0.81	Retained Earnings
Common Stock Total Equity	- 0.81	Retained Earnings
Common Stock	- 0.79	Total Stockholder Equity
Common Stock Total Equity	- 0.79	Total Stockholder Equity