Porch Total Current Assets from 2010 to 2024

PRCH Stock  USD 3.66  0.12  3.17%   
Porch's Total Current Assets are increasing with slightly volatile movements from year to year. Total Current Assets are predicted to flatten to about 353.3 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-12-31
Previous Quarter
463.9 M
Current Value
406.9 M
Quarterly Volatility
246.4 M
 
Covid
Check Porch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Porch's main balance sheet or income statement drivers, such as Interest Expense of 33.4 M, Income Tax Expense of 653.1 K or Tax Provision of 638.4 K, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0462 or Days Sales Outstanding of 143. Porch financial statements analysis is a perfect complement when working with Porch Valuation or Volatility modules.
  
Check out the analysis of Porch Correlation against competitors.

Latest Porch's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Porch Group over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Porch's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Porch's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Porch Total Current Assets Regression Statistics

Arithmetic Mean157,462,368
Geometric Mean35,202,282
Coefficient Of Variation148.36
Mean Deviation196,398,890
Median10,162,000
Standard Deviation233,610,073
Sample Variance54573.7T
Range600.5M
R-Value0.77
Mean Square Error24285.5T
R-Squared0.59
Significance0.0009
Slope40,014,249
Total Sum of Squares764031.3T

Porch Total Current Assets History

2024353.3 M
2023481.1 M
2022610.6 M
2021599.2 M
2020216 M
201910.2 M

About Porch Financial Statements

Investors use fundamental indicators, such as Porch's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Porch's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Current Assets481.1 M353.3 M

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 the analysis of Porch Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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
(0.66)
Revenue Per Share
4.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(153.11)
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.