Purple Current Deferred Revenue vs Property Plant Equipment Analysis

PRPL Stock

USD 1.49 0.01 0.68%

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

For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purple Innovation Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Purple Innovation's Current Deferred Revenue and Property Plant Equipment is -0.17. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Purple Innovation, assuming nothing else is changed. The correlation between historical values of Purple Innovation's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Purple Innovation are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Purple Innovation's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

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

For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.At this time, Purple Innovation's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 231.1 M this year, although Enterprise Value Over EBITDA will most likely fall to (2.99).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	431.3M	365.1M	338.7M	225.9M
Research Development	6.9M	8.8M	11.9M	12.5M

Cost Of Revenue Research Development

Purple Innovation fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Property Plant Equipment	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Common Stock
Total Assets		0.9	0.91	0.78	0.85	-0.61	0.9	0.88	0.81	0.93	0.96	0.64	0.94	0.59	0.83	0.56	0.83	-0.08	0.75	0.88	-0.74	0.73	0.96	0.77	0.72	-0.74
Other Current Liab	0.9		0.99	0.5	0.82	-0.57	0.98	0.9	0.94	0.95	0.95	0.83	0.99	0.56	0.78	0.5	0.62	-0.2	0.69	0.9	-0.9	0.7	0.91	0.85	0.67	-0.9
Total Current Liabilities	0.91	0.99		0.48	0.82	-0.61	0.99	0.88	0.94	0.97	0.97	0.85	0.99	0.58	0.82	0.56	0.63	-0.21	0.67	0.88	-0.91	0.72	0.93	0.83	0.7	-0.91
Total Stockholder Equity	0.78	0.5	0.48		0.62	-0.47	0.46	0.51	0.48	0.56	0.56	0.14	0.54	0.48	0.56	0.43	0.65	0.17	0.43	0.51	-0.37	0.55	0.57	0.48	0.56	-0.37
Net Tangible Assets	0.85	0.82	0.82	0.62		-0.86	0.78	0.72	0.81	0.83	0.83	0.65	0.83	0.89	0.92	0.78	0.76	-0.21	0.49	0.73	-0.74	0.95	0.83	0.92	0.93	-0.74
Retained Earnings	-0.61	-0.57	-0.61	-0.47	-0.86		-0.55	-0.32	-0.7	-0.68	-0.58	-0.55	-0.57	-0.98	-0.93	-0.98	-0.53	0.14	-0.05	-0.33	0.63	-0.98	-0.57	-0.74	-0.98	0.63
Accounts Payable	0.9	0.98	0.99	0.46	0.78	-0.55		0.9	0.9	0.97	0.97	0.84	0.99	0.51	0.79	0.51	0.62	-0.2	0.71	0.9	-0.9	0.67	0.93	0.8	0.65	-0.9
Cash	0.88	0.9	0.88	0.51	0.72	-0.32	0.9		0.71	0.83	0.92	0.64	0.93	0.33	0.61	0.24	0.72	-0.16	0.91	1.0	-0.71	0.5	0.92	0.74	0.47	-0.71
Net Receivables	0.81	0.94	0.94	0.48	0.81	-0.7	0.9	0.71		0.92	0.84	0.83	0.9	0.68	0.8	0.64	0.48	-0.15	0.41	0.71	-0.9	0.77	0.78	0.81	0.75	-0.9
Inventory	0.93	0.95	0.97	0.56	0.83	-0.68	0.97	0.83	0.92		0.97	0.8	0.97	0.63	0.88	0.65	0.68	-0.1	0.63	0.83	-0.88	0.76	0.94	0.77	0.76	-0.88
Total Liab	0.96	0.95	0.97	0.56	0.83	-0.58	0.97	0.92	0.84	0.97		0.77	0.98	0.55	0.83	0.54	0.79	-0.18	0.79	0.92	-0.81	0.7	0.99	0.79	0.69	-0.81
Short Long Term Debt	0.64	0.83	0.85	0.14	0.65	-0.55	0.84	0.64	0.83	0.8	0.77		0.8	0.53	0.68	0.52	0.39	-0.33	0.42	0.64	-0.84	0.61	0.71	0.66	0.6	-0.84
Total Current Assets	0.94	0.99	0.99	0.54	0.83	-0.57	0.99	0.93	0.9	0.97	0.98	0.8		0.55	0.8	0.51	0.71	-0.2	0.75	0.93	-0.86	0.69	0.96	0.81	0.68	-0.86
Short Term Debt	0.59	0.56	0.58	0.48	0.89	-0.98	0.51	0.33	0.68	0.63	0.55	0.53	0.55		0.89	0.94	0.53	-0.14	0.04	0.34	-0.6	0.98	0.54	0.77	0.98	-0.6
Property Plant Equipment	0.83	0.78	0.82	0.56	0.92	-0.93	0.79	0.61	0.8	0.88	0.83	0.68	0.8	0.89		0.91	0.69	-0.13	0.38	0.62	-0.78	0.96	0.82	0.81	0.96	-0.78
Net Debt	0.56	0.5	0.56	0.43	0.78	-0.98	0.51	0.24	0.64	0.65	0.54	0.52	0.51	0.94	0.91		0.48	-0.12	-0.01	0.25	-0.6	0.93	0.53	0.63	0.95	-0.6
Non Current Assets Total	0.83	0.62	0.63	0.65	0.76	-0.53	0.62	0.72	0.48	0.68	0.79	0.39	0.71	0.53	0.69	0.48		-0.15	0.74	0.73	-0.33	0.62	0.85	0.57	0.64	-0.33
Non Currrent Assets Other	-0.08	-0.2	-0.21	0.17	-0.21	0.14	-0.2	-0.16	-0.15	-0.1	-0.18	-0.33	-0.2	-0.14	-0.13	-0.12	-0.15		-0.1	-0.17	0.12	-0.13	-0.17	-0.18	-0.15	0.12
Other Assets	0.75	0.69	0.67	0.43	0.49	-0.05	0.71	0.91	0.41	0.63	0.79	0.42	0.75	0.04	0.38	-0.01	0.74	-0.1		0.91	-0.42	0.23	0.83	0.5	0.2	-0.42
Cash And Short Term Investments	0.88	0.9	0.88	0.51	0.73	-0.33	0.9	1.0	0.71	0.83	0.92	0.64	0.93	0.34	0.62	0.25	0.73	-0.17	0.91		-0.71	0.51	0.92	0.75	0.48	-0.71
Common Stock Total Equity	-0.74	-0.9	-0.91	-0.37	-0.74	0.63	-0.9	-0.71	-0.9	-0.88	-0.81	-0.84	-0.86	-0.6	-0.78	-0.6	-0.33	0.12	-0.42	-0.71		-0.72	-0.74	-0.79	-0.69	1.0
Common Stock Shares Outstanding	0.73	0.7	0.72	0.55	0.95	-0.98	0.67	0.5	0.77	0.76	0.7	0.61	0.69	0.98	0.96	0.93	0.62	-0.13	0.23	0.51	-0.72		0.69	0.85	1.0	-0.72
Non Current Liabilities Total	0.96	0.91	0.93	0.57	0.83	-0.57	0.93	0.92	0.78	0.94	0.99	0.71	0.96	0.54	0.82	0.53	0.85	-0.17	0.83	0.92	-0.74	0.69		0.77	0.68	-0.74
Other Current Assets	0.77	0.85	0.83	0.48	0.92	-0.74	0.8	0.74	0.81	0.77	0.79	0.66	0.81	0.77	0.81	0.63	0.57	-0.18	0.5	0.75	-0.79	0.85	0.77		0.81	-0.79
Other Stockholder Equity	0.72	0.67	0.7	0.56	0.93	-0.98	0.65	0.47	0.75	0.76	0.69	0.6	0.68	0.98	0.96	0.95	0.64	-0.15	0.2	0.48	-0.69	1.0	0.68	0.81		-0.69
Common Stock	-0.74	-0.9	-0.91	-0.37	-0.74	0.63	-0.9	-0.71	-0.9	-0.88	-0.81	-0.84	-0.86	-0.6	-0.78	-0.6	-0.33	0.12	-0.42	-0.71	1.0	-0.72	-0.74	-0.79	-0.69

Click cells to compare fundamentals

Purple Innovation Account Relationship Matchups

Purple Innovation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	147.7M	554.7M	642.5M	433.3M	390.6M	294.4M
Other Current Liab	30.3M	53.1M	44.4M	34.8M	38.5M	24.1M
Total Current Liabilities	86.9M	132.2M	142.0M	99.4M	111.0M	68.8M
Total Stockholder Equity	(2.4M)	159.9M	145.8M	178.0M	115.4M	111.4M
Net Tangible Assets	(3.5M)	150.0M	132.6M	146.8M	168.9M	177.3M
Retained Earnings	(8.3M)	(4.6M)	(261.8M)	(351.5M)	(476.0M)	(452.2M)
Accounts Payable	50.2M	69.6M	79.8M	46.4M	49.8M	35.4M
Cash	33.5M	123.0M	91.6M	41.8M	26.9M	36.4M
Net Receivables	28.7M	29.1M	25.4M	34.6M	37.8M	19.1M
Inventory	47.6M	65.7M	98.7M	73.2M	66.9M	43.6M
Total Liab	152.5M	394.5M	495.9M	254.4M	275.0M	183.2M
Total Current Assets	114.1M	229.1M	229.5M	161.5M	141.8M	101.9M
Short Term Debt	87K	3.2M	7.1M	13.7M	17.0M	17.8M
Property Plant Equipment	32.0M	61.5M	180.7M	136.7M	157.2M	165.0M
Net Debt	1.9M	(29.4M)	90.7M	109.1M	126.1M	132.4M
Non Current Assets Total	33.6M	325.7M	413.0M	271.9M	248.8M	213.9M
Non Currrent Assets Other	525K	1.6M	1.3M	1.5M	2.2M	2.1M
Other Assets	525K	254.2M	219.1M	1.5M	1.8M	1.7M
Long Term Debt	35.4M	41.4M	94.1M	23.7M	26.9M	30.7M
Cash And Short Term Investments	33.5M	123.0M	91.6M	41.8M	26.9M	40.4M
Common Stock Shares Outstanding	10.0M	39.2M	67.3M	81.8M	103.9M	109.1M
Liabilities And Stockholders Equity	147.7M	554.7M	642.5M	433.3M	390.6M	327.0M
Non Current Liabilities Total	65.6M	262.3M	353.9M	155.0M	164.0M	127.0M
Other Current Assets	3.4M	10.5M	5.7M	4.1M	10.3M	10.8M
Other Stockholder Equity	6.0M	164.5M	407.6M	529.5M	591.4M	620.9M
Intangible Assets	1.1M	9.9M	13.2M	26.2M	22.2M	23.3M
Other Liab	30.2M	171.9M	178.6M	17.9M	20.6M	19.5M
Non Current Liabilities Other	8.6M	262.3M	353.9M	157.1M	180.7M	163.6M
Short Long Term Debt Total	35.4M	93.6M	182.3M	150.9M	153.0M	100.1M
Net Invested Capital	33.0M	203.3M	242.2M	201.6M	144.5M	151.2M
Net Working Capital	27.3M	96.9M	87.5M	64.1M	30.8M	47.8M
Property Plant And Equipment Net	32.0M	102.9M	180.7M	239.2M	224.4M	147.0M
Current Deferred Revenue	6.3M	6.3M	10.9M	4.5M	5.7M	5.5M
Capital Surpluse	6.0M	164.5M	407.6M	529.5M	608.9M	639.3M

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When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation's 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 Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:

How To Invest In Purple

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Is Purple Stock a good investment?

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What is Purple Innovation's Net Worth?

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

For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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

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Is Purple Innovation'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 Purple Innovation. If investors know Purple 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 Purple Innovation 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

(0.60)

Earnings Share

(1.38)

Revenue Per Share

4.965

Quarterly Revenue Growth

0.125

Return On Assets

(0.16)

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

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Property Plant Equipment

Purple Innovation fundamental ratios Correlations

Purple Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Purple Innovation fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Purple Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.99	Other Current Liab
Total Current Assets	+ 0.99	Other Current Liab
Accounts Payable	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Net Debt	- 0.98	Retained Earnings
Short Term Debt	- 0.98	Retained Earnings
Property Plant Equipment	- 0.93	Retained Earnings
Common Stock	- 0.91	Total Current Liabilities