PTC Non Current Liabilities Total vs Property Plant And Equipment Net 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 Non Current Liabilities Total and its Property Plant And Equipment Net 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.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC INDUSTRIES LTD Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PTC INDUSTRIES's Non Current Liabilities Total and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Liabilities Total and Property Plant And Equipment Net 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 PTC INDUSTRIES LTD are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., PTC INDUSTRIES's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.