Purecycle Stock Based Compensation vs Other Non Cash Items Analysis

PCT Stock  USD 10.59  0.36  3.29%   
Purecycle Technologies financial indicator trend analysis is much more than just breaking down Purecycle Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Purecycle Technologies is a good investment. Please check the relationship between Purecycle Technologies Stock Based Compensation and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purecycle Technologies 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 main economic indicators.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purecycle Technologies Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Purecycle Technologies' Stock Based Compensation and Other Non Cash Items is -0.28. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Purecycle Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Purecycle Technologies' Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Purecycle Technologies Holdings are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Purecycle Technologies' Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

Most indicators from Purecycle Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Purecycle Technologies 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 Purecycle Technologies 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 main economic indicators.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.Tax Provision is likely to gain to about 682.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 46.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses59.0M54.8M95.0M48.4M
Cost Of Revenue10.6M26.6M18.9M13.2M

Purecycle Technologies fundamental ratios Correlations

0.870.970.980.970.930.880.86-0.93-0.750.880.90.870.940.110.280.890.650.990.91.00.880.86-0.070.81-0.85
0.870.870.90.780.920.931.0-0.96-0.70.980.981.00.780.180.171.00.420.831.00.870.930.680.010.61-0.82
0.970.870.990.930.870.80.86-0.88-0.850.890.870.880.950.310.050.880.550.940.890.960.80.880.130.82-0.95
0.980.90.990.920.890.840.89-0.91-0.820.910.90.910.920.250.130.910.520.950.920.980.840.840.080.78-0.91
0.970.780.930.920.930.850.77-0.89-0.730.80.850.780.97-0.020.360.810.750.990.820.970.850.92-0.20.89-0.79
0.930.920.870.890.930.980.92-0.98-0.670.90.960.910.89-0.110.430.940.640.940.940.930.980.83-0.290.78-0.74
0.880.930.80.840.850.980.93-0.99-0.60.920.980.920.78-0.110.470.950.640.880.950.881.00.69-0.280.63-0.67
0.861.00.860.890.770.920.93-0.96-0.690.970.971.00.770.150.181.00.390.820.990.860.930.67-0.020.61-0.8
-0.93-0.96-0.88-0.91-0.89-0.98-0.99-0.960.69-0.95-0.99-0.96-0.840.0-0.37-0.98-0.6-0.92-0.98-0.93-0.99-0.750.18-0.70.77
-0.75-0.7-0.85-0.82-0.73-0.67-0.6-0.690.69-0.74-0.69-0.71-0.79-0.460.23-0.71-0.46-0.72-0.72-0.73-0.59-0.76-0.34-0.730.89
0.880.980.890.910.80.90.920.97-0.95-0.740.980.980.770.280.110.990.510.840.990.870.920.660.110.59-0.86
0.90.980.870.90.850.960.980.97-0.99-0.690.980.980.80.090.290.990.580.880.990.90.980.7-0.080.63-0.79
0.871.00.880.910.780.910.921.0-0.96-0.710.980.980.780.20.141.00.410.831.00.870.930.680.030.62-0.83
0.940.780.950.920.970.890.780.77-0.84-0.790.770.80.780.070.190.80.590.950.80.950.770.98-0.110.96-0.85
0.110.180.310.25-0.02-0.11-0.110.150.0-0.460.280.090.20.07-0.850.16-0.110.010.160.08-0.110.00.98-0.04-0.56
0.280.170.050.130.360.430.470.18-0.370.230.110.290.140.19-0.850.20.470.370.190.310.470.16-0.880.160.25
0.891.00.880.910.810.940.951.0-0.98-0.710.990.991.00.80.160.20.480.851.00.890.950.7-0.010.63-0.82
0.650.420.550.520.750.640.640.39-0.6-0.460.510.580.410.59-0.110.470.480.720.480.640.640.55-0.220.54-0.43
0.990.830.940.950.990.940.880.82-0.92-0.720.840.880.830.950.010.370.850.720.860.990.880.89-0.170.84-0.8
0.91.00.890.920.820.940.950.99-0.98-0.720.990.991.00.80.160.191.00.480.860.890.950.71-0.010.64-0.83
1.00.870.960.980.970.930.880.86-0.93-0.730.870.90.870.950.080.310.890.640.990.890.880.87-0.10.82-0.84
0.880.930.80.840.850.981.00.93-0.99-0.590.920.980.930.77-0.110.470.950.640.880.950.880.68-0.280.63-0.67
0.860.680.880.840.920.830.690.67-0.75-0.760.660.70.680.980.00.160.70.550.890.710.870.68-0.170.99-0.78
-0.070.010.130.08-0.2-0.29-0.28-0.020.18-0.340.11-0.080.03-0.110.98-0.88-0.01-0.22-0.17-0.01-0.1-0.28-0.17-0.21-0.39
0.810.610.820.780.890.780.630.61-0.7-0.730.590.630.620.96-0.040.160.630.540.840.640.820.630.99-0.21-0.73
-0.85-0.82-0.95-0.91-0.79-0.74-0.67-0.80.770.89-0.86-0.79-0.83-0.85-0.560.25-0.82-0.43-0.8-0.83-0.84-0.67-0.78-0.39-0.73
Click cells to compare fundamentals

Purecycle Technologies Account Relationship Matchups

Purecycle Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.3M404.1M664.7M861.3M1.0B555.2M
Short Long Term Debt Total19.9M262.3M237.5M250.1M543.8M571.0M
Other Current Liab1.2M31.9M37.1M36.6M43.6M27.6M
Total Current Liabilities10.5M33.1M38.5M38.3M55.6M33.2M
Total Stockholder Equity2.4M107.9M381.5M510.9M420.2M262.0M
Net Tangible Assets(23.2M)46.7M381.5M510.9M587.5M616.9M
Property Plant And Equipment Net30.4M70.2M225.2M524.9M668.5M702.0M
Net Debt19.8M197.8M199.1M186.2M444.7M466.9M
Retained Earnings(27.7M)(84.6M)(157.8M)(242.5M)(344.2M)(327.0M)
Accounts Payable2.4M1.1M1.4M1.7M2.9M1.9M
Cash150.1K64.5M33.4M63.9M99.1M104.1M
Non Current Assets Total30.4M336.3M319.3M625.1M876.7M920.6M
Long Term Debt13M262.2M232.5M233.5M507.4M532.8M
Cash And Short Term Investments150.1K64.5M200.8M162.5M147.3M105.5M
Liabilities And Stockholders Equity33.3M404.1M664.7M861.3M1.0B555.2M
Non Current Liabilities Total20.4M263.2M244.7M312.2M563.5M591.7M
Other Current Assets720.6K446K2.7M73.7M15.3M17.1M
Other Stockholder Equity107.2K188.5M539.4M753.9M764.3M411.8M
Total Liab30.9M296.2M283.1M350.5M619.1M650.1M
Net Invested Capital(3.3M)308.9M614.0M744.4M936.8M478.1M
Property Plant And Equipment Gross30.4M70.2M230.3M533.5M693.1M727.7M
Total Current Assets2.9M67.8M345.3M236.2M162.6M149.5M
Capital Stock25.9M149.3M128K164K147.6K140.2K
Net Working Capital(7.6M)34.8M306.9M197.9M107.0M116.4M
Property Plant Equipment30.4M70.2M225.2M505.7M581.6M610.7M

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Additional Tools for Purecycle Stock Analysis

When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.