PTC Property Plant And Equipment Net vs Total Liab Analysis

PTCT Stock  USD 34.03  0.37  1.10%   
PTC Therapeutics financial indicator trend analysis is much more than just breaking down PTC Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC Therapeutics is a good investment. Please check the relationship between PTC Therapeutics Property Plant And Equipment Net and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy PTC Stock please use our How to Invest in PTC Therapeutics guide.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC Therapeutics Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PTC Therapeutics' Property Plant And Equipment Net and Total Liab is 0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of PTC Therapeutics, assuming nothing else is changed. The correlation between historical values of PTC Therapeutics' Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of PTC Therapeutics are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., PTC Therapeutics' Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from PTC Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC Therapeutics 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 PTC Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy PTC Stock please use our How to Invest in PTC Therapeutics guide.At this time, PTC Therapeutics' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.80 in 2024, despite the fact that Tax Provision is likely to grow to (82.7 M).
 2021 2022 2023 2024 (projected)
Research Development540.7M651.5M666.6M699.9M
Total Revenue538.6M698.8M937.8M984.7M

PTC Therapeutics fundamental ratios Correlations

0.780.89-0.250.810.660.770.920.650.670.380.920.780.860.840.270.0-0.870.910.590.880.870.880.920.90.28
0.780.87-0.670.30.290.590.690.940.240.840.910.630.640.87-0.170.07-0.920.530.110.560.90.630.680.940.21
0.890.87-0.630.580.520.80.840.860.410.490.980.920.760.940.32-0.09-0.970.740.560.690.960.750.830.960.26
-0.25-0.67-0.630.160.0-0.24-0.31-0.790.23-0.63-0.61-0.57-0.26-0.67-0.01-0.110.65-0.04-0.05-0.01-0.63-0.11-0.23-0.61-0.09
0.810.30.580.160.610.550.820.170.83-0.180.60.620.640.520.58-0.01-0.480.880.790.820.490.690.750.550.21
0.660.290.520.00.610.540.660.140.490.00.540.60.840.580.40.22-0.560.730.650.570.590.710.750.50.3
0.770.590.8-0.240.550.540.620.590.450.170.730.780.670.640.44-0.54-0.750.680.620.690.730.770.780.670.33
0.920.690.84-0.310.820.660.620.590.780.310.880.80.810.880.350.15-0.820.80.660.870.780.750.840.870.22
0.650.940.86-0.790.170.140.590.590.140.790.850.650.460.81-0.09-0.11-0.880.350.110.460.840.510.550.870.18
0.670.240.410.230.830.490.450.780.14-0.10.450.420.480.420.37-0.07-0.350.580.60.870.270.560.570.430.17
0.380.840.49-0.63-0.180.00.170.310.79-0.10.570.180.340.58-0.640.28-0.620.1-0.410.20.590.290.30.650.11
0.920.910.98-0.610.60.540.730.880.850.450.570.870.80.960.220.04-0.980.760.50.720.960.760.850.990.26
0.780.630.92-0.570.620.60.780.80.650.420.180.870.730.880.63-0.14-0.860.710.80.610.850.660.760.810.21
0.860.640.76-0.260.640.840.670.810.460.480.340.80.730.820.240.23-0.810.870.560.730.830.870.930.790.3
0.840.870.94-0.670.520.580.640.880.810.420.580.960.880.820.220.18-0.960.680.50.660.940.70.790.960.22
0.27-0.170.32-0.010.580.40.440.35-0.090.37-0.640.220.630.240.22-0.34-0.160.420.920.270.170.220.310.110.1
0.00.07-0.09-0.11-0.010.22-0.540.15-0.11-0.070.280.04-0.140.230.18-0.34-0.030.08-0.21-0.110.06-0.060.010.11-0.12
-0.87-0.92-0.970.65-0.48-0.56-0.75-0.82-0.88-0.35-0.62-0.98-0.86-0.81-0.96-0.16-0.03-0.7-0.44-0.67-0.99-0.78-0.84-0.97-0.26
0.910.530.74-0.040.880.730.680.80.350.580.10.760.710.870.680.420.08-0.70.690.770.740.850.910.730.27
0.590.110.56-0.050.790.650.620.660.110.6-0.410.50.80.560.50.92-0.21-0.440.690.560.440.510.590.410.15
0.880.560.69-0.010.820.570.690.870.460.870.20.720.610.730.660.27-0.11-0.670.770.560.610.860.850.70.22
0.870.90.96-0.630.490.590.730.780.840.270.590.960.850.830.940.170.06-0.990.740.440.610.780.840.950.27
0.880.630.75-0.110.690.710.770.750.510.560.290.760.660.870.70.22-0.06-0.780.850.510.860.780.930.730.19
0.920.680.83-0.230.750.750.780.840.550.570.30.850.760.930.790.310.01-0.840.910.590.850.840.930.820.44
0.90.940.96-0.610.550.50.670.870.870.430.650.990.810.790.960.110.11-0.970.730.410.70.950.730.820.27
0.280.210.26-0.090.210.30.330.220.180.170.110.260.210.30.220.1-0.12-0.260.270.150.220.270.190.440.27
Click cells to compare fundamentals

PTC Therapeutics Account Relationship Matchups

PTC Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.2B1.9B1.7B1.9B2.0B
Other Current Liab197.3M245.8M60.8M365.2M580.3M609.3M
Total Current Liabilities235.9M277.3M509.3M406.2M603.1M633.3M
Total Stockholder Equity594.3M482.0M1.4M(347.1M)(818.6M)(777.6M)
Other Liab490.7M1.0B1.1B269.5M309.9M263.2M
Accounts Payable10.3M18.7M23.0M27.3M6.0M9.9M
Cash686.6M208.8M773.4M410.7M594.0M623.7M
Other Assets16.4M60.6M46.5M33.4M38.4M40.3M
Long Term Debt293.9M309.1M281.9M571.7M1.9B2.0B
Short Term Investments398.5M894.8M583.7M130.9M282.7M281.6M
Other Current Assets17.9M39.5M(126.3M)105.7M150.3M157.8M
Total Liab1.0B1.7B1.9B2.1B2.7B2.9B
Property Plant Equipment21.5M33.8M130.0M72.6M83.5M87.7M
Short Long Term Debt Total313.9M420.4M431.4M703.6M415.0M255.9M
Property Plant And Equipment Net21.5M118.2M130.0M175.0M179.0M187.9M
Current Deferred Revenue8.2M4.2M265.8M1.4M801K761.0K
Net Debt(372.7M)211.6M(341.9M)292.9M(179.0M)(187.9M)
Retained Earnings(1.2B)(1.6B)(2.1B)(2.7B)(3.3B)(3.1B)
Non Current Assets Total844.5M976.5M1.2B1.0B684.6M480.6M
Non Currrent Assets Other30.1M60.6M227.5M48.6M20.0M33.4M
Cash And Short Term Investments686.6M1.1B773.4M410.7M876.7M450.9M
Net Receivables55.5M69.9M110.5M155.6M161.0M169.1M
Common Stock Total Equity62K70K71K72K82.8K45.3K
Common Stock Shares Outstanding58.9M66.0M70.5M71.7M74.8M49.7M
Liabilities And Stockholders Equity1.6B2.2B1.9B1.7B1.9B1.0B
Non Current Liabilities Total793.6M1.4B1.2B1.6B2.1B2.2B
Other Stockholder Equity1.8B2.2B2.1B2.3B2.5B2.6B
Property Plant And Equipment Gross21.5M118.2M157.2M212.4M230.3M241.8M
Total Current Assets779.3M1.2B773.4M693.8M1.2B1.3B
Accumulated Other Comprehensive Income(10.6M)(61.0M)(24.3M)4.8M(1.3M)(1.3M)
Short Term Debt20M8.7M159.8M12.4M16.0M15.2M
Common Stock62K70K71K72K75K48.1K
Net Tangible Assets(198.5M)(315.7M)(805.7M)(1.1B)(1.0B)(970.7M)
Retained Earnings Total Equity(1.2B)(1.6B)(2.1B)(2.7B)(2.4B)(2.3B)
Capital Surpluse1.8B2.2B2.1B2.3B2.7B1.6B
Inventory19.3M18.7M15.9M21.8M30.6M32.1M
Deferred Long Term Liab130.9M136.7M137.1M102.8M118.3M70.3M
Non Current Liabilities Other368.9M1.0B1.0B971.9M141K134.0K

Pair Trading with PTC Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PTC Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PTC Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against PTC Stock

  0.47IKT Inhibikase TherapeuticsInc Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to PTC Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PTC Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PTC Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PTC Therapeutics to buy it.
The correlation of PTC Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PTC Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PTC Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PTC Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether PTC Therapeutics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PTC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ptc Therapeutics Stock. Highlighted below are key reports to facilitate an investment decision about Ptc Therapeutics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy PTC Stock please use our How to Invest in PTC Therapeutics guide.
Note that the PTC Therapeutics information on this page should be used as a complementary analysis to other PTC Therapeutics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is PTC Therapeutics' 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 PTC Therapeutics. If investors know PTC 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 PTC Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.69)
Revenue Per Share
12.281
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.10)
Return On Equity
(77.40)
The market value of PTC Therapeutics is measured differently than its book value, which is the value of PTC that is recorded on the company's balance sheet. Investors also form their own opinion of PTC Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is PTC Therapeutics' 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 PTC Therapeutics' market value can be influenced by many factors that don't directly affect PTC Therapeutics' 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 PTC Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if PTC Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTC Therapeutics' 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.