Goodrx Property Plant And Equipment Net vs Other Current Assets Analysis

GDRX Stock  USD 4.83  0.03  0.62%   
Goodrx Holdings financial indicator trend analysis is much more than just examining Goodrx Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodrx Holdings is a good investment. Please check the relationship between Goodrx Holdings Property Plant And Equipment Net and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx Holdings guide.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodrx Holdings Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Goodrx Holdings' Property Plant And Equipment Net and Other Current Assets is 0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Goodrx Holdings, assuming nothing else is changed. The correlation between historical values of Goodrx Holdings' Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Goodrx Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Goodrx Holdings' Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Goodrx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodrx Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx Holdings guide.At this time, Goodrx Holdings' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that Tax Provision is likely to grow to (48.2 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization37.6M57.5M107.7M113.1M
Interest Income59K9.3M29.1M30.6M

Goodrx Holdings fundamental ratios Correlations

-0.40.940.930.990.140.980.940.97-0.98-0.950.730.980.92-0.130.86-0.720.980.920.9-0.990.88-1.00.841.0-0.99
-0.4-0.38-0.38-0.510.12-0.54-0.43-0.420.420.62-0.72-0.39-0.37-0.42-0.350.89-0.39-0.38-0.390.51-0.710.47-0.38-0.380.49
0.94-0.381.00.930.20.940.890.93-0.87-0.90.850.860.960.050.76-0.710.860.990.94-0.920.88-0.930.820.93-0.91
0.93-0.381.00.920.20.940.880.92-0.86-0.890.850.860.960.070.76-0.710.860.990.94-0.920.88-0.920.820.93-0.9
0.99-0.510.930.920.121.00.930.97-0.98-0.970.780.970.91-0.060.87-0.790.970.910.89-1.00.92-1.00.850.99-1.0
0.140.120.20.20.120.16-0.15-0.03-0.05-0.260.280.060.280.280.040.140.060.20.31-0.15-0.01-0.130.020.16-0.12
0.98-0.540.940.941.00.160.920.96-0.95-0.980.830.950.93-0.020.82-0.810.950.930.92-0.990.94-0.990.820.98-0.99
0.94-0.430.890.880.93-0.150.920.99-0.92-0.850.670.910.87-0.120.85-0.780.910.870.84-0.920.91-0.930.830.93-0.93
0.97-0.420.930.920.97-0.030.960.99-0.94-0.90.710.940.91-0.10.87-0.770.940.910.89-0.960.92-0.970.850.97-0.96
-0.980.42-0.87-0.86-0.98-0.05-0.95-0.92-0.940.92-0.65-1.0-0.820.18-0.890.7-1.0-0.83-0.790.98-0.830.98-0.86-0.980.99
-0.950.62-0.9-0.89-0.97-0.26-0.98-0.85-0.90.92-0.86-0.91-0.9-0.07-0.80.83-0.91-0.88-0.890.98-0.920.96-0.78-0.940.97
0.73-0.720.850.850.780.280.830.670.71-0.65-0.860.630.830.420.55-0.860.630.850.84-0.780.88-0.760.650.72-0.75
0.98-0.390.860.860.970.060.950.910.94-1.0-0.910.630.82-0.20.9-0.681.00.830.79-0.970.82-0.980.860.98-0.98
0.92-0.370.960.960.910.280.930.870.91-0.82-0.90.830.820.010.7-0.70.820.971.0-0.90.89-0.90.70.91-0.89
-0.13-0.420.050.07-0.060.28-0.02-0.12-0.10.18-0.070.42-0.20.010.1-0.28-0.2-0.010.020.040.140.070.21-0.130.08
0.86-0.350.760.760.870.040.820.850.87-0.89-0.80.550.90.70.1-0.630.90.680.65-0.880.73-0.880.960.87-0.89
-0.720.89-0.71-0.71-0.790.14-0.81-0.78-0.770.70.83-0.86-0.68-0.7-0.28-0.63-0.68-0.7-0.70.78-0.940.76-0.65-0.70.77
0.98-0.390.860.860.970.060.950.910.94-1.0-0.910.631.00.82-0.20.9-0.680.830.79-0.970.82-0.980.860.98-0.98
0.92-0.380.990.990.910.20.930.870.91-0.83-0.880.850.830.97-0.010.68-0.70.830.96-0.90.88-0.90.730.91-0.88
0.9-0.390.940.940.890.310.920.840.89-0.79-0.890.840.791.00.020.65-0.70.790.96-0.880.89-0.880.650.89-0.86
-0.990.51-0.92-0.92-1.0-0.15-0.99-0.92-0.960.980.98-0.78-0.97-0.90.04-0.880.78-0.97-0.9-0.88-0.911.0-0.86-0.991.0
0.88-0.710.880.880.92-0.010.940.910.92-0.83-0.920.880.820.890.140.73-0.940.820.880.89-0.91-0.90.740.86-0.9
-1.00.47-0.93-0.92-1.0-0.13-0.99-0.93-0.970.980.96-0.76-0.98-0.90.07-0.880.76-0.98-0.9-0.881.0-0.9-0.86-0.991.0
0.84-0.380.820.820.850.020.820.830.85-0.86-0.780.650.860.70.210.96-0.650.860.730.65-0.860.74-0.860.85-0.86
1.0-0.380.930.930.990.160.980.930.97-0.98-0.940.720.980.91-0.130.87-0.70.980.910.89-0.990.86-0.990.85-0.99
-0.990.49-0.91-0.9-1.0-0.12-0.99-0.93-0.960.990.97-0.75-0.98-0.890.08-0.890.77-0.98-0.88-0.861.0-0.91.0-0.86-0.99
Click cells to compare fundamentals

Goodrx Holdings Account Relationship Matchups

Goodrx Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets386.8M1.5B1.6B1.6B1.6B1.3B
Short Long Term Debt Total711.0M704.9M702.3M717.0M711.1M569.1M
Other Current Liab12.1M26.3M38.0M35.6M58.0M31.9M
Total Current Liabilities33.4M59.6M81.1M76.3M122.6M71.4M
Total Stockholder Equity(1.1B)711.4M831.7M814.8M762.0M800.1M
Other Liab3.0M5.8M5.4M7.6M8.7M6.3M
Net Tangible Assets(1.4B)393.5M831.7M814.8M937.1M983.9M
Property Plant And Equipment Net34.2M50.8M49.3M55.7M45.9M43.4M
Current Deferred Revenue3.5M6.9M6.9M7.9M7.1M5.9M
Net Debt684.9M(263.8M)(238.8M)(40.1M)38.8M36.8M
Retained Earnings(1.1B)(1.4B)(1.4B)(1.4B)(1.5B)(1.5B)
Accounts Payable7.9M10.3M17.5M17.7M36.3M38.1M
Cash26.1M968.7M941.1M757.2M672.3M623.3M
Non Current Assets Total300.2M383.7M518.8M684.9M716.0M521.7M
Non Currrent Assets Other1.2M2.0M(34.3M)(15.0M)22.8M23.9M
Other Assets3.4M15.1M6.0M8.2M9.4M7.6M
Long Term Debt663.9M659.9M655.9M651.8M647.7M532.8M
Cash And Short Term Investments26.1M968.7M941.1M757.2M672.3M623.3M
Net Receivables55.5M68.7M126.4M117.1M160.0M103.2M
Good Will236.2M261.1M329.7M412.1M410.8M342.9M
Common Stock Shares Outstanding385.4M391.7M400.6M412.9M410.3M433.3M
Liabilities And Stockholders Equity386.8M1.5B1.6B1.6B1.6B1.3B
Non Current Liabilities Total1.4B699.2M694.8M713.5M704.3M761.8M
Capital Lease Obligations40.1M38.0M39.4M58.2M54.6M42.2M
Other Current Assets12.4M48.9M21.3M16.0M40.4M26.1M
Other Stockholder Equity8.8M2.1B2.2B2.3B2.2B1.6B
Total Liab1.5B758.8M775.9M789.8M826.8M813.7M
Net Invested Capital(416.7M)1.4B1.5B1.5B1.4B899.8M
Property Plant And Equipment Gross34.2M50.8M21.6M19.8M59.6M34.3M
Total Current Assets86.6M1.1B1.1B919.7M872.8M756.7M
Non Current Liabilities Other3.0M5.8M5.1M7.6M8.2M6.1M
Net Working Capital53.2M1.0B1.0B843.4M750.2M685.3M
Short Term Debt10.0M16.1M18.7M15.2M21.1M15.9M
Intangible Assets26.4M56.7M133.8M189.9M156.3M106.6M
Property Plant Equipment34.2M50.8M21.6M19.8M22.8M28.0M

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