Prothena Interest Expense vs Non Operating Income Net Other Analysis

PRTA Stock  USD 20.81  0.60  2.97%   
Prothena Plc financial indicator trend analysis is much more than just breaking down Prothena plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prothena plc is a good investment. Please check the relationship between Prothena Plc Interest Expense 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 Prothena plc. 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 information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.

Interest Expense vs Non Operating Income Net Other

Interest Expense 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 Prothena plc Interest Expense account and Non Operating Income Net Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Prothena Plc's Interest Expense and Non Operating Income Net Other is 0.0. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Prothena plc, assuming nothing else is changed. The correlation between historical values of Prothena Plc's Interest Expense 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 Interest Expense of Prothena plc 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 Interest Expense i.e., Prothena Plc's Interest Expense and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Non Operating Income Net Other

Most indicators from Prothena Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prothena plc 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 Prothena plc. 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 information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.As of June 2, 2024, Selling General Administrative is expected to decline to about 34.6 M. The current year's Tax Provision is expected to grow to about (12.8 M)
 2021 2022 2023 2024 (projected)
Total Operating Expenses128.6M185.5M282.4M296.5M
Cost Of Revenue82.3M6.7M8.4M8.0M

Prothena Plc fundamental ratios Correlations

0.94-0.170.770.860.760.50.760.90.230.420.70.470.780.580.98-0.140.93-0.87-0.90.930.930.281.0-0.250.99
0.94-0.130.790.980.60.530.680.780.310.410.690.470.630.620.950.041.0-0.92-0.790.980.980.260.95-0.270.96
-0.17-0.13-0.05-0.03-0.47-0.18-0.27-0.35-0.26-0.26-0.31-0.4-0.44-0.29-0.19-0.11-0.110.150.31-0.12-0.12-0.39-0.20.4-0.18
0.770.79-0.050.790.490.880.850.570.280.350.620.790.390.870.79-0.170.8-0.87-0.80.820.820.620.79-0.580.83
0.860.98-0.030.790.450.570.60.620.270.310.590.480.450.660.870.10.98-0.91-0.680.960.960.30.87-0.330.89
0.760.6-0.470.490.450.280.740.87-0.050.210.440.450.890.410.78-0.360.61-0.65-0.90.620.620.30.76-0.220.77
0.50.53-0.180.880.570.280.740.280.280.290.510.920.130.940.53-0.020.54-0.65-0.610.550.550.850.54-0.830.57
0.760.68-0.270.850.60.740.740.70.130.280.580.770.60.760.81-0.30.68-0.76-0.920.70.70.590.78-0.490.81
0.90.78-0.350.570.620.870.280.70.340.570.760.30.970.330.88-0.150.75-0.67-0.870.740.740.080.88-0.020.87
0.230.31-0.260.280.27-0.050.280.130.340.930.810.060.30.130.190.480.24-0.11-0.120.210.21-0.080.230.040.21
0.420.41-0.260.350.310.210.290.280.570.930.90.090.550.140.360.390.33-0.19-0.330.30.3-0.070.410.070.38
0.70.69-0.310.620.590.440.510.580.760.810.90.370.680.420.680.20.62-0.51-0.630.610.610.150.71-0.150.69
0.470.47-0.40.790.480.450.920.770.30.060.090.370.190.940.52-0.190.48-0.65-0.660.520.520.940.52-0.920.55
0.780.63-0.440.390.450.890.130.60.970.30.550.680.190.190.76-0.140.6-0.53-0.80.60.60.00.760.070.74
0.580.62-0.290.870.660.410.940.760.330.130.140.420.940.190.61-0.060.64-0.77-0.680.660.660.890.63-0.870.66
0.980.95-0.190.790.870.780.530.810.880.190.360.680.520.760.61-0.160.94-0.89-0.920.940.940.310.99-0.270.99
-0.140.04-0.11-0.170.1-0.36-0.02-0.3-0.150.480.390.2-0.19-0.14-0.06-0.160.010.20.31-0.14-0.14-0.11-0.110.07-0.16
0.931.0-0.110.80.980.610.540.680.750.240.330.620.480.60.640.940.01-0.94-0.790.980.980.290.94-0.30.95
-0.87-0.920.15-0.87-0.91-0.65-0.65-0.76-0.67-0.11-0.19-0.51-0.65-0.53-0.77-0.890.2-0.940.84-0.97-0.97-0.47-0.880.47-0.92
-0.9-0.790.31-0.8-0.68-0.9-0.61-0.92-0.87-0.12-0.33-0.63-0.66-0.8-0.68-0.920.31-0.790.84-0.81-0.81-0.46-0.910.39-0.92
0.930.98-0.120.820.960.620.550.70.740.210.30.610.520.60.660.94-0.140.98-0.97-0.811.00.320.93-0.330.96
0.930.98-0.120.820.960.620.550.70.740.210.30.610.520.60.660.94-0.140.98-0.97-0.811.00.320.93-0.330.96
0.280.26-0.390.620.30.30.850.590.08-0.08-0.070.150.940.00.890.31-0.110.29-0.47-0.460.320.320.33-0.980.35
1.00.95-0.20.790.870.760.540.780.880.230.410.710.520.760.630.99-0.110.94-0.88-0.910.930.930.33-0.30.99
-0.25-0.270.4-0.58-0.33-0.22-0.83-0.49-0.020.040.07-0.15-0.920.07-0.87-0.270.07-0.30.470.39-0.33-0.33-0.98-0.3-0.32
0.990.96-0.180.830.890.770.570.810.870.210.380.690.550.740.660.99-0.160.95-0.92-0.920.960.960.350.99-0.32
Click cells to compare fundamentals

Prothena Plc Account Relationship Matchups

Prothena Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding39.9M39.9M48.5M47.4M53.2M35.1M
Total Assets419.3M333.0M609.4M758.0M696.4M414.8M
Other Current Liab6.8M11.3M16.2M23.0M(37.0M)(35.2M)
Total Current Liabilities17.7M25.8M33.5M50.1M56.9M59.7M
Total Stockholder Equity272.9M184.0M466.0M622.0M561.4M325.8M
Accounts Payable1.2M4.1M3.7M9.3M25.4M26.7M
Other Assets13.7M31.1M10.4M30.9M35.6M37.3M
Total Liab146.3M149.0M143.3M136.0M135.0M89.0M
Property Plant Equipment3.9M2.6M2.0M8.0M9.2M16.9M
Property Plant And Equipment Net27.1M20.4M14.1M8.0M16.0M22.5M
Non Current Assets Total40.9M33.7M24.6M38.9M57.1M36.0M
Non Currrent Assets Other3.8M1.7M3.4M12.7M40.2M42.3M
Liabilities And Stockholders Equity419.3M333.0M609.4M758.0M696.4M446.4M
Non Current Liabilities Total128.6M123.1M109.9M85.8M78.1M67.8M
Other Current Assets2.7M2.5M5.7M8.7M19.1M20.1M
Other Stockholder Equity944.4M966.6M1.2B1.5B1.5B822.4M
Property Plant And Equipment Gross27.1M20.4M14.1M8.0M23.4M22.3M
Total Current Assets378.4M299.3M584.8M719.1M639.3M410.5M
Net Debt(352.8M)(277.5M)(566.8M)(703.9M)(608.3M)(577.9M)
Retained Earnings(671.9M)(783.0M)(716.1M)(833.0M)(980.0M)(931.0M)
Cash375.7M295.4M579.1M710.4M620.2M438.0M
Cash And Short Term Investments375.7M295.4M579.1M710.4M620.2M438.0M
Net Receivables68K15K13K62K5.2M5.4M
Net Tangible Assets272.9M184.0M466.0M622.0M715.3M381.1M
Retained Earnings Total Equity(598.0M)(671.9M)(783.0M)(716.1M)(644.4M)(676.7M)
Capital Surpluse920.6M944.4M966.6M1.2B1.4B801.6M
Deferred Long Term Liab254K110.4M110.2M102.9M118.4M124.3M
Short Term Debt5.1M5.5M5.9M6.5M1.1M1.1M
Non Current Liabilities Other18.4M12.9M6.9M553K497.7K472.8K
Short Long Term Debt Total22.9M17.8M12.3M6.5M11.8M22.7M

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When determining whether Prothena plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prothena Plc'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 Prothena Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prothena Plc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prothena plc. 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 information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Prothena Plc'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 Prothena Plc. If investors know Prothena 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 Prothena Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.21)
Revenue Per Share
1.668
Quarterly Revenue Growth
(0.98)
Return On Assets
(0.20)
Return On Equity
(0.31)
The market value of Prothena plc is measured differently than its book value, which is the value of Prothena that is recorded on the company's balance sheet. Investors also form their own opinion of Prothena Plc's value that differs from its market value or its book value, called intrinsic value, which is Prothena Plc'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 Prothena Plc's market value can be influenced by many factors that don't directly affect Prothena Plc'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 Prothena Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prothena Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prothena Plc'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.