Prothena Income Quality vs Roe Analysis
PRTA Stock | USD 15.14 0.60 3.81% |
Prothena Plc financial indicator trend analysis is much more than just breaking down Prothena plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prothena plc is a good investment. Please check the relationship between Prothena Plc Income Quality and its Roe accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prothena plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.
Income Quality vs Roe
Income Quality vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prothena plc Income Quality account and Roe. At this time, the significance of the direction appears to have no relationship.
The correlation between Prothena Plc's Income Quality and Roe is 0.01. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roe in the same time period over historical financial statements of Prothena plc, assuming nothing else is changed. The correlation between historical values of Prothena Plc's Income Quality and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Prothena plc are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Income Quality i.e., Prothena Plc's Income Quality and Roe go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Roe
Most indicators from Prothena Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prothena plc 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 Prothena plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.As of December 29, 2024, Selling General Administrative is expected to decline to about 34.6 M. The current year's Tax Provision is expected to grow to about (12.8 M)
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 128.6M | 185.5M | 282.4M | 296.5M | Cost Of Revenue | 82.3M | 6.7M | 220.6M | 231.6M |
Prothena Plc fundamental ratios Correlations
Click cells to compare fundamentals
Prothena Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prothena Plc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 39.9M | 39.9M | 48.5M | 47.4M | 53.2M | 35.1M | |
Total Assets | 419.3M | 333.0M | 609.4M | 758.0M | 696.4M | 414.8M | |
Other Current Liab | 6.8M | 10.7M | 10.2M | 16.5M | 29.3M | 30.7M | |
Total Current Liabilities | 17.7M | 25.8M | 33.5M | 50.1M | 56.9M | 59.7M | |
Total Stockholder Equity | 272.9M | 184.0M | 466.0M | 622.0M | 561.4M | 325.8M | |
Accounts Payable | 1.2M | 4.1M | 3.7M | 9.3M | 25.4M | 26.7M | |
Other Assets | 13.7M | 31.1M | 10.4M | 30.9M | 35.6M | 37.3M | |
Total Liab | 146.3M | 149.0M | 143.3M | 136.0M | 135.0M | 89.0M | |
Property Plant Equipment | 3.9M | 2.6M | 2.0M | 8.0M | 9.2M | 16.9M | |
Property Plant And Equipment Net | 27.1M | 20.4M | 14.1M | 8.0M | 16.0M | 22.5M | |
Non Current Assets Total | 40.9M | 33.7M | 24.6M | 38.9M | 57.1M | 36.0M | |
Non Currrent Assets Other | 3.8M | 1.7M | 3.4M | 12.7M | 7.2M | 4.7M | |
Liabilities And Stockholders Equity | 419.3M | 333.0M | 609.4M | 758.0M | 696.4M | 446.4M | |
Non Current Liabilities Total | 128.6M | 123.1M | 109.9M | 85.8M | 78.1M | 67.8M | |
Other Current Assets | 2.7M | 3.9M | 10.7M | 15.6M | 15.3M | 16.1M | |
Other Stockholder Equity | 944.4M | 966.6M | 1.2B | 1.5B | 1.5B | 822.4M | |
Property Plant And Equipment Gross | 27.1M | 20.4M | 14.1M | 8.0M | 23.4M | 22.3M | |
Total Current Assets | 378.4M | 299.3M | 584.8M | 719.1M | 639.3M | 410.5M | |
Net Debt | (352.8M) | (277.5M) | (566.8M) | (703.9M) | (607.0M) | (576.6M) | |
Retained Earnings | (671.9M) | (783.0M) | (716.1M) | (833.0M) | (980.0M) | (931.0M) | |
Cash | 375.7M | 295.4M | 579.1M | 710.4M | 618.8M | 437.9M | |
Cash And Short Term Investments | 375.7M | 295.4M | 579.1M | 710.4M | 618.8M | 437.9M | |
Net Receivables | 68K | 15K | 13K | 62K | 5.2M | 5.4M | |
Net Tangible Assets | 272.9M | 184.0M | 466.0M | 622.0M | 715.3M | 381.1M | |
Retained Earnings Total Equity | (598.0M) | (671.9M) | (783.0M) | (716.1M) | (644.4M) | (676.7M) | |
Capital Surpluse | 920.6M | 944.4M | 966.6M | 1.2B | 1.4B | 801.6M | |
Deferred Long Term Liab | 254K | 110.4M | 110.2M | 102.9M | 118.4M | 124.3M | |
Short Term Debt | 5.1M | 11.0M | 11.9M | 12.9M | 2.2M | 2.1M | |
Non Current Liabilities Other | 18.4M | 12.9M | 6.9M | 553K | 497.7K | 472.8K | |
Short Long Term Debt Total | 22.9M | 17.8M | 12.3M | 6.5M | 11.8M | 22.7M |
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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 Prothena plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prothena Plc'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 Prothena Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prothena Plc Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prothena plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Biotechnology 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 Prothena Plc. If investors know Prothena 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 Prothena Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.46) | Revenue Per Share 2.482 | Quarterly Revenue Growth (0.99) | Return On Assets (0.16) | Return On Equity (0.23) |
The market value of Prothena plc is measured differently than its book value, which is the value of Prothena that is recorded on the company's balance sheet. Investors also form their own opinion of Prothena Plc's value that differs from its market value or its book value, called intrinsic value, which is Prothena Plc'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 Prothena Plc's market value can be influenced by many factors that don't directly affect Prothena Plc'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 Prothena Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prothena Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prothena Plc'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.