PTC Intangible Assets vs Retained Earnings Analysis

PTCIL Stock   11,551  125.55  1.08%   
PTC INDUSTRIES financial indicator trend analysis is much more than just breaking down PTC INDUSTRIES LTD prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC INDUSTRIES LTD is a good investment. Please check the relationship between PTC INDUSTRIES Intangible Assets and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC INDUSTRIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC INDUSTRIES LTD Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between PTC INDUSTRIES's Intangible Assets and Retained Earnings is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of PTC INDUSTRIES LTD, assuming nothing else is changed. The correlation between historical values of PTC INDUSTRIES's Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of PTC INDUSTRIES LTD are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., PTC INDUSTRIES's Intangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from PTC INDUSTRIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC INDUSTRIES LTD 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 INDUSTRIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of the 15th of December 2024, Selling General Administrative is likely to drop to about 99.8 M
 2021 2022 2023 2024 (projected)
Gross Profit744.7M1.6B756.4M719.7M
Total Revenue1.8B2.2B2.6B1.6B

PTC INDUSTRIES fundamental ratios Correlations

0.670.480.680.970.790.060.930.320.880.980.910.910.770.50.640.760.960.920.690.970.650.670.920.790.95
0.670.490.930.480.910.760.610.660.290.770.350.340.710.50.960.840.620.351.00.50.870.850.470.730.44
0.480.490.390.430.570.210.420.280.340.520.430.380.460.250.530.440.420.350.490.40.410.490.490.250.45
0.680.930.390.530.860.630.720.710.350.750.430.40.830.30.810.870.60.40.940.560.970.90.510.740.51
0.970.480.430.530.67-0.160.910.150.950.920.970.970.720.430.460.650.940.970.510.990.510.540.940.70.99
0.790.910.570.860.670.520.670.540.470.870.540.520.810.660.90.880.720.580.930.640.790.830.660.710.62
0.060.760.210.63-0.160.520.040.65-0.390.24-0.3-0.340.20.310.750.480.01-0.30.73-0.160.540.54-0.10.35-0.2
0.930.610.420.720.910.670.040.310.830.880.910.870.810.180.510.780.880.830.630.940.730.680.890.80.93
0.320.660.280.710.150.540.650.310.010.420.050.040.340.270.590.440.180.060.670.170.630.660.140.250.12
0.880.290.340.350.950.47-0.390.830.010.770.951.00.620.260.250.430.880.960.310.960.390.360.830.540.94
0.980.770.520.750.920.870.240.880.420.770.830.810.760.60.760.810.920.840.790.90.680.730.890.790.88
0.910.350.430.430.970.54-0.30.910.050.950.830.970.680.260.310.60.890.950.380.970.440.480.950.630.99
0.910.340.380.40.970.52-0.340.870.041.00.810.970.660.290.30.50.910.970.360.980.430.420.880.590.97
0.770.710.460.830.720.810.20.810.340.620.760.680.660.260.610.870.720.620.750.750.840.790.70.780.72
0.50.50.250.30.430.660.310.180.270.260.60.260.290.260.670.430.490.430.530.340.140.370.40.380.33
0.640.960.530.810.460.90.750.510.590.250.760.310.30.610.670.780.610.320.960.450.710.770.470.70.41
0.760.840.440.870.650.880.480.780.440.430.810.60.50.870.430.780.70.520.870.650.790.840.730.860.66
0.960.620.420.60.940.720.010.880.180.880.920.890.910.720.490.610.70.90.640.950.590.650.870.780.93
0.920.350.350.40.970.58-0.30.830.060.960.840.950.970.620.430.320.520.90.380.950.40.440.880.560.95
0.691.00.490.940.510.930.730.630.670.310.790.380.360.750.530.960.870.640.380.530.870.870.510.750.48
0.970.50.40.560.990.64-0.160.940.170.960.90.970.980.750.340.450.650.950.950.530.560.570.920.730.99
0.650.870.410.970.510.790.540.730.630.390.680.440.430.840.140.710.790.590.40.870.560.870.450.690.5
0.670.850.490.90.540.830.540.680.660.360.730.480.420.790.370.770.840.650.440.870.570.870.560.680.55
0.920.470.490.510.940.66-0.10.890.140.830.890.950.880.70.40.470.730.870.880.510.920.450.560.710.96
0.790.730.250.740.70.710.350.80.250.540.790.630.590.780.380.70.860.780.560.750.730.690.680.710.69
0.950.440.450.510.990.62-0.20.930.120.940.880.990.970.720.330.410.660.930.950.480.990.50.550.960.69
Click cells to compare fundamentals

PTC INDUSTRIES Account Relationship Matchups

PTC INDUSTRIES fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B4.0B4.3B5.5B9.0B9.4B
Short Long Term Debt Total1.5B1.8B2.0B1.8B1.8B1.4B
Other Current Liab74.3M98.5M3.7M125.0M137.5M77.0M
Total Current Liabilities1.1B1.2B1.4B1.2B1.4B1.0B
Total Stockholder Equity1.5B1.6B1.7B3.1B6.5B6.8B
Property Plant And Equipment Net2.3B2.5B2.6B2.9B3.9B2.2B
Net Debt1.5B1.8B1.9B1.7B475.9M452.1M
Retained Earnings579.8M625.8M753.8M1.0B1.4B1.5B
Accounts Payable273.6M269.6M187.4M210.4M154.0M192.8M
Cash15.1M20.9M13.5M68.9M1.3B1.4B
Non Current Assets Total2.3B2.6B2.7B3.6B4.8B5.0B
Non Currrent Assets Other109.2M(1K)2K545.4M1.2B1.2B
Cash And Short Term Investments82.3M78.5M42.1M319.9M1.9B2.0B
Net Receivables439.7M633.0M668.8M689.6M1.1B558.0M
Liabilities And Stockholders Equity3.5B4.0B4.3B5.5B9.0B9.4B
Non Current Liabilities Total911.0M1.2B1.2B1.2B1.1B851.5M
Inventory520.9M522.6M648.1M777.2M744.8M525.6M
Other Current Assets210.0M205.2M228.7M236.3M424.6M445.8M
Total Liab2.0B2.4B2.6B2.5B2.5B1.9B
Total Current Assets1.2B1.4B1.5B2.0B4.2B4.4B
Short Term Debt740.1M861.3M872.0M711.1M1.0B672.2M
Intangible Assets7.6M7.6M6.8M8.6M9.1M5.9M
Current Deferred Revenue9.2M92.9M153.7M125.8M120.9M126.9M
Short Term Investments67.2M57.6M28.7M251.0M535.6M562.4M

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Other Information on Investing in PTC Stock

Balance Sheet is a snapshot of the financial position of PTC INDUSTRIES LTD at a specified time, usually calculated after every quarter, six months, or one year. PTC INDUSTRIES Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PTC INDUSTRIES 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.