Procept Non Current Liabilities Total vs Short Long Term Debt Total Analysis
PRCT Stock | USD 97.29 1.98 1.99% |
Procept Biorobotics financial indicator trend analysis is much more than just breaking down Procept Biorobotics Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procept Biorobotics Corp is a good investment. Please check the relationship between Procept Biorobotics Non Current Liabilities Total and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procept Biorobotics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Non Current Liabilities Total vs Short Long Term Debt Total
Non Current Liabilities Total vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procept Biorobotics Corp Non Current Liabilities Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Procept Biorobotics' Non Current Liabilities Total and Short Long Term Debt Total is -0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Procept Biorobotics Corp, assuming nothing else is changed. The correlation between historical values of Procept Biorobotics' Non Current Liabilities Total and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Procept Biorobotics Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Liabilities Total i.e., Procept Biorobotics' Non Current Liabilities Total and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Short Long Term Debt Total
Most indicators from Procept Biorobotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procept Biorobotics Corp 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 Procept Biorobotics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Selling General Administrative is likely to drop to about 70.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 108.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.0M | 4.3M | 3.8M | 3.6M | Interest Income | 121K | 2.5M | 5.6M | 5.8M |
Procept Biorobotics fundamental ratios Correlations
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Procept Biorobotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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