Porch Historical Balance Sheet
| PRCH Stock | USD 5.94 0.36 6.45% |
Trend analysis of Porch Group balance sheet accounts such as Other Assets of 19.2 M, Net Receivables of 127.8 M, Total Current Assets of 360.2 M or Common Stock of 8.6 K provides information on Porch's total assets, liabilities, and equity, which is the actual value of Porch Group to its prevalent stockholders. By breaking down trends over time using Porch balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Porch Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Porch Group is a good buy for the upcoming year.
Porch Inventory |
|
Porch |
About Porch Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Porch Group at a specified time, usually calculated after every quarter, six months, or one year. Porch Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Porch 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 Porch currently owns. An asset can also be divided into two categories, current and non-current.
Porch Balance Sheet Chart
Add Fundamental
Total Current Liabilities
Total Current Liabilities is an item on Porch balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Porch Group 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.Accounts Payable
An accounting item on the balance sheet that represents Porch obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Porch Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from Porch's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Porch Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Porch Group. 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. As of now, Porch's Net Receivables is increasing as compared to previous years. The Porch's current Cash is estimated to increase to about 212.1 M, while Other Current Liabilities is projected to decrease to under 124.6 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Current Liabilities | 515.6M | 462.2M | 414.2M | 301.3M | Other Current Liabilities | 222.2M | 204.5M | 160.8M | 124.6M |
Porch balance sheet Correlations
Click cells to compare fundamentals
Porch Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Porch balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Other Current Liab | 12.6M | 154.9M | 222.2M | 204.5M | 160.8M | 124.6M | |
| Total Current Liabilities | 31.2M | 361.4M | 515.6M | 462.2M | 414.2M | 301.3M | |
| Other Liab | 10.3M | 86.1M | 41.3M | 26.2M | 30.2M | 36.5M | |
| Net Tangible Assets | (88.1M) | 63.1M | (140.9M) | (273.6M) | (246.2M) | (233.9M) | |
| Retained Earnings | (315.1M) | (426.6M) | (585.0M) | (722.1M) | (754.9M) | (717.1M) | |
| Accounts Payable | 9.2M | 7.0M | 6.3M | 8.8M | 4.5M | 6.7M | |
| Other Assets | 3.5M | 3.7M | 10.4M | 15.9M | 18.3M | 19.2M | |
| Net Receivables | 4.3M | 257.2M | 325.5M | 107.9M | 111.4M | 127.8M | |
| Total Current Assets | 216.0M | 599.2M | 610.6M | 481.1M | 365.1M | 360.2M | |
| Property Plant Equipment | 6.7M | 4.6M | 11.2M | 12.2M | 14.1M | 9.1M | |
| Total Assets | 268.6M | 1.0B | 1.0B | 899.4M | 814.0M | 754.2M | |
| Short Long Term Debt Total | 48.0M | 417.4M | 444.3M | 435.7M | 403.9M | 331.9M | |
| Total Stockholder Equity | 139.4M | 214.6M | 79.4M | (35.7M) | (43.2M) | (41.1M) | |
| Property Plant And Equipment Net | 4.6M | 11.2M | 16.4M | 20.1M | 22.5M | 14.9M | |
| Current Deferred Revenue | 7.5M | 219.1M | 290.8M | 248.7M | 248.7M | 187.2M | |
| Net Debt | (148.1M) | 101.7M | 229.2M | 177.3M | 236.3M | 119.8M | |
| Cash | 196.0M | 315.7M | 215.1M | 258.4M | 167.6M | 212.1M | |
| Non Current Assets Total | 52.6M | 435.3M | 438.4M | 418.3M | 448.8M | 335.8M | |
| Non Currrent Assets Other | 3.7M | 1.2M | 13.9M | 15.5M | 7.0M | 8.2M | |
| Long Term Debt | 43.2M | 414.6M | 425.3M | 435.5M | 403.8M | 323.2M | |
| Cash And Short Term Investments | 196.0M | 325.0M | 251.6M | 294.0M | 191.7M | 231.5M | |
| Good Will | 28.3M | 225.7M | 244.7M | 191.9M | 220.7M | 165.1M | |
| Common Stock Shares Outstanding | 36.4M | 93.9M | 97.4M | 96.1M | 99.6M | 81.5M | |
| Liabilities And Stockholders Equity | 268.6M | 1.0B | 1.0B | 899.4M | 814.0M | 754.2M | |
| Non Current Liabilities Total | 98.0M | 458.6M | 454.1M | 472.9M | 443.0M | 362.6M | |
| Other Current Assets | 4.1M | 22.9M | 33.6M | 79.2M | 62.0M | 37.2M | |
| Other Stockholder Equity | 424.8M | 641.4M | 670.5M | 690.2M | 717.1M | 613.7M | |
| Total Liab | 129.2M | 820.0M | 969.7M | 935.1M | 857.2M | 700.3M | |
| Net Invested Capital | 187.4M | 629.3M | 521.1M | 400.1M | 360.7M | 385.0M | |
| Property Plant And Equipment Gross | 4.6M | 11.2M | 16.4M | 35.6M | 45.5M | 47.8M | |
| Non Current Liabilities Other | 54.8M | 26.1M | 28.8M | 37.4M | 39.2M | 36.0M | |
| Net Working Capital | 184.8M | 237.8M | 95.0M | 18.9M | (49.0M) | (46.6M) | |
| Intangible Assets | 16.0M | 129.8M | 108.3M | 87.2M | 68.7M | 77.0M |
Currently Active Assets on Macroaxis
When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch'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 Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Porch Group. 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. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Application Software 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 Porch. If investors know Porch 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 Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets | Return On Equity |
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch'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 Porch's market value can be influenced by many factors that don't directly affect Porch'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 Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch'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.