PTC Total Current Liabilities vs Total Assets Analysis

PFS Stock   42.42  0.81  1.87%   
PTC India financial indicator trend analysis is much more than just breaking down PTC India Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC India Financial is a good investment. Please check the relationship between PTC India Total Current Liabilities and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC India Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC India Financial Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between PTC India's Total Current Liabilities and Total Assets is 0.69. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of PTC India Financial, assuming nothing else is changed. The correlation between historical values of PTC India's Total Current Liabilities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of PTC India Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., PTC India's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on PTC India balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PTC India Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of PTC India assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PTC India Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from PTC India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC India Financial 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 India Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 248.6 M. The current year's Tax Provision is expected to grow to about 583 M
 2022 2023 2024 2025 (projected)
Gross Profit3.0B3.4B3.9B4.2B
Total Revenue7.5B3.5B4.0B7.5B

PTC India fundamental ratios Correlations

0.72-0.070.960.240.970.720.030.060.630.220.990.130.650.90.75-0.40.670.69-0.13-0.030.10.06-0.050.020.33
0.720.440.520.350.710.55-0.420.510.850.280.610.540.870.550.63-0.020.590.27-0.53-0.11-0.380.460.150.35-0.07
-0.070.44-0.220.1-0.040.08-0.340.340.65-0.21-0.170.320.63-0.06-0.110.30.13-0.15-0.39-0.02-0.390.340.080.21-0.45
0.960.52-0.220.140.920.670.23-0.140.470.170.99-0.060.490.910.68-0.480.580.750.010.00.31-0.13-0.12-0.150.45
0.240.350.10.140.050.27-0.190.570.370.140.20.470.360.230.18-0.250.280.10.01-0.32-0.210.10.470.280.35
0.970.71-0.040.920.050.69-0.050.00.590.150.950.120.610.870.7-0.290.720.69-0.140.020.030.15-0.130.070.21
0.720.550.080.670.270.69-0.130.210.510.030.710.260.490.710.52-0.340.660.51-0.15-0.23-0.080.10.370.220.04
0.03-0.42-0.340.23-0.19-0.05-0.13-0.84-0.25-0.060.12-0.92-0.270.12-0.13-0.3-0.270.390.520.060.98-0.95-0.34-0.910.56
0.060.510.34-0.140.570.00.21-0.840.380.16-0.040.970.39-0.030.190.150.23-0.34-0.52-0.23-0.850.780.560.83-0.33
0.630.850.650.470.370.590.51-0.250.380.210.540.40.990.490.52-0.170.470.26-0.48-0.05-0.250.30.080.27-0.01
0.220.28-0.210.170.140.150.03-0.060.160.210.190.190.23-0.20.71-0.38-0.38-0.4-0.430.01-0.050.09-0.060.1-0.02
0.990.61-0.170.990.20.950.710.12-0.040.540.190.040.560.910.73-0.450.640.73-0.04-0.010.2-0.03-0.08-0.050.4
0.130.540.32-0.060.470.120.26-0.920.970.40.190.040.420.020.290.120.29-0.32-0.52-0.14-0.910.880.470.9-0.39
0.650.870.630.490.360.610.49-0.270.390.990.230.560.420.50.54-0.140.490.26-0.48-0.05-0.260.340.050.290.0
0.90.55-0.060.910.230.870.710.12-0.030.49-0.20.910.020.50.41-0.250.830.90.12-0.110.18-0.040.03-0.050.43
0.750.63-0.110.680.180.70.52-0.130.190.520.710.730.290.540.41-0.590.140.08-0.460.12-0.070.17-0.060.130.08
-0.4-0.020.3-0.48-0.25-0.29-0.34-0.30.15-0.17-0.38-0.450.12-0.14-0.25-0.590.11-0.120.2-0.07-0.360.380.10.17-0.53
0.670.590.130.580.280.720.66-0.270.230.47-0.380.640.290.490.830.140.110.760.11-0.23-0.230.320.20.320.17
0.690.27-0.150.750.10.690.510.39-0.340.26-0.40.73-0.320.260.90.08-0.120.760.4-0.120.44-0.32-0.11-0.30.55
-0.13-0.53-0.390.010.01-0.14-0.150.52-0.52-0.48-0.43-0.04-0.52-0.480.12-0.460.20.110.4-0.120.45-0.41-0.02-0.410.27
-0.03-0.11-0.020.0-0.320.02-0.230.06-0.23-0.050.01-0.01-0.14-0.05-0.110.12-0.07-0.23-0.12-0.120.09-0.03-0.66-0.10.07
0.1-0.38-0.390.31-0.210.03-0.080.98-0.85-0.25-0.050.2-0.91-0.260.18-0.07-0.36-0.230.440.450.09-0.95-0.38-0.920.61
0.060.460.34-0.130.10.150.1-0.950.780.30.09-0.030.880.34-0.040.170.380.32-0.32-0.41-0.03-0.950.250.89-0.58
-0.050.150.08-0.120.47-0.130.37-0.340.560.08-0.06-0.080.470.050.03-0.060.10.2-0.11-0.02-0.66-0.380.250.41-0.28
0.020.350.21-0.150.280.070.22-0.910.830.270.1-0.050.90.29-0.050.130.170.32-0.3-0.41-0.1-0.920.890.41-0.38
0.33-0.07-0.450.450.350.210.040.56-0.33-0.01-0.020.4-0.390.00.430.08-0.530.170.550.270.070.61-0.58-0.28-0.38
Click cells to compare fundamentals

PTC India Account Relationship Matchups

PTC India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets115.3B95.2B76.3B65.2B75.0B73.1B
Total Stockholder Equity21.2B22.6B24.4B25.4B29.2B17.9B
Property Plant And Equipment Net161.2M114.4M303.5M253.4M291.5M207.9M
Net Debt86.8B67.8B51.0B24.2B27.8B50.2B
Cash4.9B3.4B256.7M2.3B2.1B1.4B
Non Current Assets Total81.2B62.4B59.9B62.9B72.4B60.0B
Non Currrent Assets Other80.5B64.6B63.9B60.9B70.0B46.0B
Other Assets821.2M325.1M501.3M(60.9B)(54.8B)(52.1B)
Cash And Short Term Investments8.6B11.8B5.9B15.1B17.3B18.2B
Liabilities And Stockholders Equity115.3B95.2B76.3B65.2B75.0B73.1B
Other Stockholder Equity12.4B14.3B3.2B6.1B7.0B5.3B
Total Liab94.1B72.5B51.9B39.9B45.8B55.2B
Total Current Assets34.1B32.8B16.4B63.2B72.7B76.3B
Accumulated Other Comprehensive Income6.3B8.1B9.0B(1.4B)(1.6B)(1.5B)
Short Long Term Debt Total91.7B71.2B63.3B39.3B45.1B62.2B
Non Current Liabilities Total65.8B50.2B39.2B39.8B45.8B35.7B
Other Current Liab(28.3B)(22.3B)12.4M(21.2M)(19.0M)(20.0M)
Short Term Debt26.2B21.1B12.1B39.0B44.9B27.5B
Total Current Liabilities28.3B22.3B12.7B21.2M24.3M23.1M
Accounts Payable50.6M17.6M18.6M21.2M19.0M31.2M
Intangible Assets1.6M1.4M2.3M2.9M2.6M3.5M
Current Deferred Revenue2.0B1.2B566.5M(78.9B)(71.0B)(67.5B)
Retained Earnings2.4B1.9B2.9B14.2B16.3B17.2B
Short Term Investments3.7B8.4B5.6B12.7B14.7B15.4B
Other Current Assets8.4M21.0B(16.4B)48.1B55.4B58.1B
Other Liab1.1B1.0B1.3B132.0M151.8M144.2M
Net Tangible Assets20.7B21.1B21.2B22.6B26.0B21.3B
Long Term Debt91.7B71.2B51.0B39.0B44.9B61.3B
Net Receivables37.7M11.1M10.5B6.2M5.6M5.3M
Short Long Term Debt90.4B26.2B21.0B12.1B13.9B13.2B
Property Plant Equipment218.8M161.2M114.4M303.5M349.0M200.6M
Long Term Debt Total73.0B65.5B50.1B51.2B58.9B64.0B
Inventory(39.7M)25.5B(60.5B)16.4B14.8B15.5B
Good Will1.7B1.2B1.5B479.8M431.9M410.3M
Net Invested Capital112.9B93.8B75.4B64.4B58.0B81.3B
Net Working Capital110.4B91.1B3.7B63.2B72.6B76.3B

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.

Other Information on Investing in PTC Stock

Balance Sheet is a snapshot of the financial position of PTC India Financial at a specified time, usually calculated after every quarter, six months, or one year. PTC India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PTC India and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PTC currently owns. An asset can also be divided into two categories, current and non-current.