Pagerduty Change To Inventory vs Depreciation Analysis

PD Stock  USD 21.01  0.10  0.48%   
Pagerduty financial indicator trend analysis is much more than just breaking down Pagerduty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pagerduty is a good investment. Please check the relationship between Pagerduty Change To Inventory and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagerduty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Pagerduty Stock refer to our How to Trade Pagerduty Stock guide.

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pagerduty Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pagerduty's Change To Inventory and Depreciation is -0.59. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Pagerduty, assuming nothing else is changed. The correlation between historical values of Pagerduty's Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Pagerduty are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Pagerduty's Change To Inventory and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Depreciation

Depreciation indicates how much of Pagerduty value has been used up. For tax purposes Pagerduty can deduct the cost of the tangible assets it purchases as business expenses. However, Pagerduty must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Pagerduty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pagerduty 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 Pagerduty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Pagerduty Stock refer to our How to Trade Pagerduty Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.32, whereas Tax Provision is forecasted to decline to (12.6 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization12.8M40.7M20.2M15.7M
Interest Income2.9M668K22.1M23.2M

Pagerduty fundamental ratios Correlations

0.950.970.880.940.970.45-0.90.840.980.97-0.20.960.990.960.950.820.990.250.960.931.00.80.290.90.89
0.950.960.740.930.950.54-0.890.820.940.98-0.290.910.910.950.930.850.91-0.010.980.960.930.730.050.860.73
0.970.960.790.881.00.56-0.950.840.950.98-0.170.980.941.00.970.850.960.180.960.960.960.840.260.80.8
0.880.740.790.880.770.08-0.690.820.860.75-0.160.830.920.750.790.550.880.530.780.650.910.660.570.870.95
0.940.930.880.880.850.3-0.770.860.940.9-0.370.840.940.850.860.740.890.150.920.830.940.630.160.970.84
0.970.951.00.770.850.58-0.950.810.930.98-0.140.980.931.00.970.850.960.180.950.960.950.860.260.770.79
0.450.540.560.080.30.58-0.750.260.420.580.140.450.380.590.550.840.44-0.240.50.670.410.7-0.360.210.24
-0.9-0.89-0.95-0.69-0.77-0.95-0.75-0.76-0.87-0.920.03-0.91-0.86-0.95-0.95-0.93-0.89-0.15-0.9-0.92-0.88-0.94-0.18-0.69-0.75
0.840.820.840.820.860.810.26-0.760.830.77-0.550.860.850.810.830.640.810.330.790.720.850.590.410.830.78
0.980.940.950.860.940.930.42-0.870.830.95-0.270.940.980.930.950.830.940.130.970.920.980.760.240.930.84
0.970.980.980.750.90.980.58-0.920.770.95-0.140.940.930.980.960.870.940.050.980.980.940.820.120.820.76
-0.2-0.29-0.17-0.16-0.37-0.140.140.03-0.55-0.27-0.14-0.18-0.22-0.15-0.14-0.1-0.140.07-0.18-0.2-0.210.280.07-0.45-0.14
0.960.910.980.830.840.980.45-0.910.860.940.94-0.180.940.980.970.770.940.240.940.910.950.830.420.790.8
0.990.910.940.920.940.930.38-0.860.850.980.93-0.220.940.920.920.780.980.330.930.891.00.770.340.920.93
0.960.951.00.750.851.00.59-0.950.810.930.98-0.150.980.920.970.850.950.150.960.970.940.850.250.770.77
0.950.930.970.790.860.970.55-0.950.830.950.96-0.140.970.920.970.860.910.090.970.920.940.880.270.80.76
0.820.850.850.550.740.850.84-0.930.640.830.87-0.10.770.780.850.860.78-0.090.840.90.80.83-0.130.70.64
0.990.910.960.880.890.960.44-0.890.810.940.94-0.140.940.980.950.910.780.370.910.910.990.790.350.840.91
0.25-0.010.180.530.150.18-0.24-0.150.330.130.050.070.240.330.150.09-0.090.37-0.01-0.010.310.20.790.160.6
0.960.980.960.780.920.950.5-0.90.790.970.98-0.180.940.930.960.970.840.91-0.010.950.940.80.140.850.74
0.930.960.960.650.830.960.67-0.920.720.920.98-0.20.910.890.970.920.90.91-0.010.950.910.780.020.780.7
1.00.930.960.910.940.950.41-0.880.850.980.94-0.210.951.00.940.940.80.990.310.940.910.790.340.910.92
0.80.730.840.660.630.860.7-0.940.590.760.820.280.830.770.850.880.830.790.20.80.780.790.290.530.69
0.290.050.260.570.160.26-0.36-0.180.410.240.120.070.420.340.250.27-0.130.350.790.140.020.340.290.170.48
0.90.860.80.870.970.770.21-0.690.830.930.82-0.450.790.920.770.80.70.840.160.850.780.910.530.170.85
0.890.730.80.950.840.790.24-0.750.780.840.76-0.140.80.930.770.760.640.910.60.740.70.920.690.480.85
Click cells to compare fundamentals

Pagerduty Account Relationship Matchups

Pagerduty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets435.4M795.4M806.4M817.9M925.3M637.9M
Other Current Liab509K31.4M42.3M46.0M38.5M25.3M
Total Current Liabilities115.0M172.7M227.0M271.1M281.7M189.7M
Total Stockholder Equity307.9M366.7M267.0M241.0M171.6M220.3M
Property Plant And Equipment Net12.4M37.3M38.5M32.4M21.4M23.7M
Current Deferred Revenue87.5M123.7M162.9M204.1M223.5M141.8M
Net Debt(124.0M)(89.8M)(42.2M)27.5M98.0M102.9M
Retained Earnings(179.2M)(248.1M)(348.8M)(477.2M)(552.4M)(524.8M)
Accounts Payable6.4M5.7M9.5M7.4M6.2M7.1M
Cash124.0M339.2M349.8M274.0M363.0M254.9M
Non Current Assets Total30.4M157.1M161.4M217.5M222.1M129.6M
Non Currrent Assets Other18.0M21.0M(165.9M)29.1M30.7M32.2M
Other Assets18.0M21.0M27.6M29.1M33.4M22.5M
Cash And Short Term Investments351.4M560.3M543.4M477.0M571.2M420.4M
Net Receivables37.1M55.1M75.3M91.3M100.4M64.6M
Common Stock Shares Outstanding65.5M79.6M84.5M88.7M92.3M85.6M
Liabilities And Stockholders Equity435.4M795.4M806.4M817.9M925.3M637.9M
Non Current Liabilities Total12.4M256.0M312.5M304.7M464.8M488.0M
Capital Surpluse487.0M614.5M616.5M719.8M827.8M463.7M
Other Current Assets243.8M22.9M26.4M32.0M31.6M42.9M
Other Stockholder Equity51.6M614.5M616.5M719.8M724.8M471.6M
Total Liab127.5M428.7M539.5M575.8M746.4M416.2M
Total Current Assets405.0M638.3M645.1M600.3M703.2M508.3M
Accumulated Other Comprehensive Income137K343K(669K)(1.6M)(733K)(769.7K)
Cash And Equivalents121.9M154.9M81.7M274.0M315.1M330.9M
Short Term Debt20.6M10.5M11.3M11.8M12.4M10.7M
Common Stock(435.4M)410.0430.0460.0529.0555.45
Property Plant Equipment12.4M37.3M38.5M18.4M21.1M21.2M
Other Liab12.4M12.0M10.5M9.1M10.5M10.6M
Net Tangible Assets307.9M268.0M171.7M204.9M235.6M194.4M
Short Term Investments227.4M221.1M193.6M202.9M210.2M193.4M
Deferred Long Term Liab16.4M19.3M26.2M27.7M31.9M23.0M
Net Invested Capital307.9M584.3M548.0M523.9M619.6M492.8M
Non Current Liabilities Other7.3M5.7M3.2M9.1M5.3M6.4M
Net Working Capital290.0M465.6M418.1M329.3M421.5M368.2M

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagerduty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Pagerduty Stock refer to our How to Trade Pagerduty Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software 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 Pagerduty. If investors know Pagerduty 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 Pagerduty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
4.813
Quarterly Revenue Growth
0.077
Return On Assets
(0.06)
Return On Equity
(0.31)
The market value of Pagerduty is measured differently than its book value, which is the value of Pagerduty that is recorded on the company's balance sheet. Investors also form their own opinion of Pagerduty's value that differs from its market value or its book value, called intrinsic value, which is Pagerduty'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 Pagerduty's market value can be influenced by many factors that don't directly affect Pagerduty'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 Pagerduty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pagerduty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pagerduty'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.