ProAssurance Debt Ratio from 2010 to 2024
| PRA Stock | USD 16.72 0.01 0.06% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.07584139 | Current Value 0.0796 | Quarterly Volatility 0.02665516 |
Check ProAssurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProAssurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.2 M, Interest Expense of 24.3 M or Total Revenue of 648.1 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.007 or PTB Ratio of 0.62. ProAssurance financial statements analysis is a perfect complement when working with ProAssurance Valuation or Volatility modules.
ProAssurance | Debt Ratio |
Latest ProAssurance's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of ProAssurance over the last few years. It is ProAssurance's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ProAssurance's overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
|
Debt Ratio |
| Timeline |
ProAssurance Debt Ratio Regression Statistics
| Arithmetic Mean | 0.06 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 45.20 | |
| Mean Deviation | 0.02 | |
| Median | 0.06 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0.0007 | |
| Range | 0.1048 | |
| R-Value | 0.57 | |
| Mean Square Error | 0.0005 | |
| R-Squared | 0.32 | |
| Significance | 0.03 | |
| Slope | 0 | |
| Total Sum of Squares | 0.01 |
ProAssurance Debt Ratio History
Other Fundumenentals of ProAssurance
ProAssurance Debt Ratio component correlations
Click cells to compare fundamentals
About ProAssurance Financial Statements
ProAssurance stakeholders use historical fundamental indicators, such as ProAssurance's Debt Ratio, to determine how well the company is positioned to perform in the future. Although ProAssurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in ProAssurance's assets and liabilities are reflected in the revenues and expenses on ProAssurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ProAssurance. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.08 | 0.08 | |
| Cash Flow To Debt Ratio | (0.12) | (0.11) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ProAssurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProAssurance'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 Proassurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proassurance Stock:Check out the analysis of ProAssurance Correlation against competitors. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Property & Casualty Insurance space 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 ProAssurance. If investors know ProAssurance 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 ProAssurance 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 0.519 | Earnings Share 0.83 | Revenue Per Share 22.73 | Quarterly Revenue Growth 0.034 | Return On Assets 0.0095 |
The market value of ProAssurance is measured differently than its book value, which is the value of ProAssurance that is recorded on the company's balance sheet. Investors also form their own opinion of ProAssurance's value that differs from its market value or its book value, called intrinsic value, which is ProAssurance'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 ProAssurance's market value can be influenced by many factors that don't directly affect ProAssurance'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 ProAssurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAssurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAssurance'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.