Pure Retained Earnings vs Capital Stock Analysis
PSTG Stock | USD 52.95 0.73 1.40% |
Pure Storage financial indicator trend analysis is much more than just breaking down Pure Storage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pure Storage is a good investment. Please check the relationship between Pure Storage Retained Earnings and its Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. 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 more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
Retained Earnings vs Capital Stock
Retained Earnings vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pure Storage Retained Earnings account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pure Storage's Retained Earnings and Capital Stock is -0.29. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Pure Storage, assuming nothing else is changed. The correlation between historical values of Pure Storage's Retained Earnings and Capital 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 Retained Earnings of Pure Storage are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Retained Earnings i.e., Pure Storage's Retained Earnings and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from Pure Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pure Storage 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 Pure Storage. 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 more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.At this time, Pure Storage's Tax Provision is most likely to increase significantly in the upcoming years. The Pure Storage's current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Selling General Administrative is projected to decrease to roughly 145.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 1.9B | 2.0B | 1.0B | Total Revenue | 2.2B | 2.8B | 2.8B | 1.5B |
Pure Storage fundamental ratios Correlations
Click cells to compare fundamentals
Pure Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pure Storage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 2.8B | 3.1B | 3.5B | 3.7B | 2.1B | |
Other Current Liab | 153.8M | 222.6M | 283.9M | 358.3M | 358.3M | 376.2M | |
Total Current Liabilities | 614.7M | 760.7M | 952.3M | 1.8B | 1.4B | 689.8M | |
Total Stockholder Equity | 830.1M | 750.0M | 754.3M | 941.2M | 1.3B | 640.7M | |
Other Liab | 349.4M | 432.6M | 548.4M | 709.9M | 816.4M | 857.2M | |
Property Plant And Equipment Net | 235.6M | 297.7M | 307.0M | 431.4M | 482.5M | 506.7M | |
Current Deferred Revenue | 356.0M | 438.3M | 562.6M | 718.1M | 875.8M | 919.6M | |
Net Debt | 234.6M | 571.3M | 449.2M | 169.8M | (430.3M) | (408.8M) | |
Retained Earnings | (1.3B) | (1.6B) | (1.7B) | (1.5B) | (1.5B) | (1.5B) | |
Accounts Payable | 77.7M | 67.5M | 70.7M | 67.1M | 82.8M | 66.3M | |
Cash | 362.6M | 337.1M | 466.2M | 580.9M | 702.5M | 425.3M | |
Non Current Assets Total | 473.8M | 911.3M | 943.1M | 1.1B | 1.2B | 1.3B | |
Non Currrent Assets Other | 142.4M | 178.2M | 214.7M | 226.6M | 326.8M | 343.2M | |
Other Assets | 142.4M | 178.2M | 214.7M | 226.6M | 260.6M | 273.6M | |
Cash And Short Term Investments | 1.3B | 1.3B | 1.4B | 1.6B | 1.5B | 1.0B | |
Net Receivables | 458.6M | 460.9M | 542.1M | 612.5M | 662.2M | 372.7M | |
Common Stock Total Equity | 26K | 28K | 29K | 30K | 34.5K | 22.6K | |
Common Stock Shares Outstanding | 252.8M | 267.8M | 285.9M | 339.2M | 332.6M | 251.0M | |
Liabilities And Stockholders Equity | 2.4B | 2.8B | 3.1B | 3.5B | 3.7B | 2.1B | |
Non Current Liabilities Total | 919.3M | 1.3B | 1.4B | 852.4M | 1.0B | 758.4M | |
Inventory | 38.5M | 46.7M | 38.9M | 52.1M | 42.7M | 37.2M | |
Other Current Assets | 94.1M | 147.0M | 197.8M | 161.4M | 173.4M | 103.3M | |
Other Stockholder Equity | 2.1B | 2.3B | 2.5B | 2.5B | 2.7B | 1.6B | |
Total Liab | 1.5B | 2.1B | 2.4B | 2.6B | 2.4B | 1.4B | |
Property Plant And Equipment Gross | 235.6M | 297.7M | 307.0M | 431.4M | 962.8M | 1.0B | |
Total Current Assets | 1.9B | 1.9B | 2.2B | 2.5B | 2.4B | 1.6B | |
Accumulated Other Comprehensive Income | 5.4M | 7.4M | (8.4M) | (15.5M) | (3.8M) | (4.0M) | |
Short Term Debt | 27.3M | 32.2M | 35.1M | 608.2M | 48.9M | 46.4M | |
Common Stock | 2.1B | 2.3B | 2.5B | 2.5B | 32K | 30.4K | |
Property Plant Equipment | 235.6M | 297.7M | 307.0M | 431.4M | 496.1M | 520.9M | |
Net Tangible Assets | 734.3M | 314.6M | 333.0M | 530.6M | 610.2M | 477.7M | |
Short Term Investments | 936.5M | 916.4M | 947.1M | 1.0B | 828.6M | 710.4M | |
Deferred Long Term Liab | 102.1M | 130.7M | 164.7M | 177.2M | 203.8M | 214.0M | |
Intangible Assets | 58.3M | 76.6M | 62.6M | 49.2M | 33.0M | 35.9M | |
Long Term Debt | 477.0M | 755.8M | 786.8M | 100M | 115M | 109.3M | |
Good Will | 11.0M | 37.6M | 358.7M | 361.4M | 415.6M | 436.4M | |
Capital Surpluse | 2.1B | 2.3B | 2.5B | 2.5B | 2.9B | 2.1B | |
Non Current Liabilities Other | 8.1M | 27.2M | 31.1M | 42.4M | 54.5M | 57.2M | |
Net Invested Capital | 1.3B | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B |
Pure Storage Investors Sentiment
The influence of Pure Storage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Pure. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Pure Storage's public news can be used to forecast risks associated with an investment in Pure. The trend in average sentiment can be used to explain how an investor holding Pure can time the market purely based on public headlines and social activities around Pure Storage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pure Storage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pure Storage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pure Storage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pure Storage.
Pure Storage Implied Volatility | 39.2 |
Pure Storage's implied volatility exposes the market's sentiment of Pure Storage stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pure Storage's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Pure Storage stock will not fluctuate a lot when Pure Storage's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pure Storage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pure Storage's short interest history, or implied volatility extrapolated from Pure Storage options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. 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 more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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Is Pure Storage'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 Pure Storage. If investors know Pure 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 Pure Storage 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 (0.14) | Earnings Share 0.19 | Revenue Per Share 9.077 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0151 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.