Privia Common Stock Shares Outstanding vs Accounts Payable Analysis
| PRVA Stock | USD 16.90 0.10 0.59% |
Privia Health financial indicator trend analysis is much more than just breaking down Privia Health Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Privia Health Group is a good investment. Please check the relationship between Privia Health Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Privia Health Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Common Stock Shares Outstanding vs Accounts Payable
Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Privia Health Group Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Privia Health's Common Stock Shares Outstanding and Accounts Payable is 0.93. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Privia Health Group, assuming nothing else is changed. The correlation between historical values of Privia Health's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Privia Health Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Privia Health's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Accounts Payable
An accounting item on the balance sheet that represents Privia Health obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Privia Health Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Privia Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Privia Health Group 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 Privia Health Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At present, Privia Health's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to 0.00, whereas Tax Provision is forecasted to decline to (7.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 63.7M | 134.8M | 155.0M | 102.8M | Total Revenue | 966.2M | 1.4B | 1.7B | 1.1B |
Privia Health fundamental ratios Correlations
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Privia Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Privia Health fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 83.4M | 109.6M | 140.7M | 254.5M | 383.9M | 403.1M | |
| Total Current Liabilities | 115.2M | 146.9M | 190.5M | 264.3M | 387.0M | 220.9M | |
| Other Liab | 7.8M | 5.6M | 3M | 1M | 900K | 855K | |
| Net Tangible Assets | (15.1M) | 22.1M | 239.2M | 314.8M | 362.0M | 380.1M | |
| Retained Earnings | (51.1M) | (19.9M) | (208.1M) | (216.7M) | (193.6M) | (203.3M) | |
| Accounts Payable | 525K | 5.2M | 3.0M | 6.7M | 383.9M | 403.1M | |
| Other Assets | 9.7M | 9.4M | 37.9M | 45.1M | 51.8M | 54.4M | |
| Net Receivables | 77.3M | 99.1M | 117.4M | 189.6M | 290.8M | 155.0M | |
| Total Current Assets | 129.6M | 190.1M | 446.7M | 552.0M | 700.8M | 391.3M | |
| Property Plant Equipment | 5.6M | 4.8M | 14.1M | 3.4M | 3.9M | 6.3M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Privia Health Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running Privia Health's price analysis, check to measure Privia Health'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 Privia Health is operating at the current time. Most of Privia Health's value examination focuses on studying past and present price action to predict the probability of Privia Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Privia Health's price. Additionally, you may evaluate how the addition of Privia Health to your portfolios can decrease your overall portfolio volatility.
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Is Privia Health'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 Privia Health. If investors know Privia 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 Privia Health 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 (0.67) | Earnings Share 0.15 | Revenue Per Share 14.342 | Quarterly Revenue Growth 0.075 | Return On Assets 0.0097 |
The market value of Privia Health Group is measured differently than its book value, which is the value of Privia that is recorded on the company's balance sheet. Investors also form their own opinion of Privia Health's value that differs from its market value or its book value, called intrinsic value, which is Privia Health'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 Privia Health's market value can be influenced by many factors that don't directly affect Privia Health'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 Privia Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Privia Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Privia Health'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.