Purecycle Income Quality vs Ptb Ratio Analysis

PCTTU Stock  USD 15.72  0.00  0.00%   
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 Income Quality and its Ptb Ratio 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 estimate.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

Income Quality vs Ptb Ratio

Income Quality vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purecycle Technologies Income Quality account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Purecycle Technologies' Income Quality and Ptb Ratio is 0.15. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Ptb Ratio 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' Income Quality and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Purecycle Technologies Holdings are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Income Quality i.e., Purecycle Technologies' Income Quality and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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 estimate.
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 39.5 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

0.870.970.980.970.930.880.86-0.93-0.750.880.90.870.940.930.280.890.650.990.91.00.880.86-0.070.81-0.85
0.870.870.90.780.920.931.0-0.96-0.70.980.981.00.770.930.171.00.420.831.00.870.930.670.010.61-0.82
0.970.870.990.930.870.80.86-0.88-0.850.890.870.880.950.970.050.880.550.940.890.960.80.880.130.82-0.95
0.980.90.990.920.890.840.89-0.91-0.820.910.90.910.920.960.130.910.520.950.920.980.840.840.080.78-0.91
0.970.780.930.920.930.850.77-0.89-0.730.80.850.780.970.880.360.810.750.990.820.970.850.92-0.20.89-0.79
0.930.920.870.890.930.980.92-0.98-0.670.90.960.910.890.890.430.940.640.940.940.930.980.83-0.290.78-0.74
0.880.930.80.840.850.980.93-0.99-0.60.920.980.920.780.850.470.950.640.880.950.881.00.69-0.280.63-0.67
0.861.00.860.890.770.920.93-0.96-0.690.970.971.00.770.920.181.00.390.820.990.860.930.67-0.020.61-0.8
-0.93-0.96-0.88-0.91-0.89-0.98-0.99-0.960.69-0.95-0.99-0.96-0.84-0.91-0.37-0.98-0.6-0.92-0.98-0.93-0.99-0.750.18-0.70.77
-0.75-0.7-0.85-0.82-0.73-0.67-0.6-0.690.69-0.74-0.69-0.71-0.79-0.860.23-0.71-0.46-0.72-0.72-0.73-0.59-0.76-0.34-0.730.89
0.880.980.890.910.80.90.920.97-0.95-0.740.980.980.770.950.110.990.510.840.990.870.920.660.110.59-0.86
0.90.980.870.90.850.960.980.97-0.99-0.690.980.980.80.920.290.990.580.880.990.90.980.7-0.080.63-0.79
0.871.00.880.910.780.910.921.0-0.96-0.710.980.980.780.940.141.00.410.831.00.870.930.680.030.62-0.83
0.940.770.950.920.970.890.780.77-0.84-0.790.770.80.780.910.190.80.590.950.80.950.770.98-0.110.96-0.85
0.930.930.970.960.880.890.850.92-0.91-0.860.950.920.940.910.00.940.530.890.940.920.850.840.150.79-0.96
0.280.170.050.130.360.430.470.18-0.370.230.110.290.140.190.00.20.470.370.190.310.470.16-0.880.160.25
0.891.00.880.910.810.940.951.0-0.98-0.710.990.991.00.80.940.20.480.851.00.890.950.7-0.010.63-0.82
0.650.420.550.520.750.640.640.39-0.6-0.460.510.580.410.590.530.470.480.720.480.640.640.55-0.220.54-0.43
0.990.830.940.950.990.940.880.82-0.92-0.720.840.880.830.950.890.370.850.720.860.990.880.89-0.170.84-0.8
0.91.00.890.920.820.940.950.99-0.98-0.720.990.991.00.80.940.191.00.480.860.890.950.71-0.010.64-0.83
1.00.870.960.980.970.930.880.86-0.93-0.730.870.90.870.950.920.310.890.640.990.890.880.87-0.10.82-0.84
0.880.930.80.840.850.981.00.93-0.99-0.590.920.980.930.770.850.470.950.640.880.950.880.68-0.280.63-0.67
0.860.670.880.840.920.830.690.67-0.75-0.760.660.70.680.980.840.160.70.550.890.710.870.68-0.170.99-0.78
-0.070.010.130.08-0.2-0.29-0.28-0.020.18-0.340.11-0.080.03-0.110.15-0.88-0.01-0.22-0.17-0.01-0.1-0.28-0.17-0.21-0.39
0.810.610.820.780.890.780.630.61-0.7-0.730.590.630.620.960.790.160.630.540.840.640.820.630.99-0.21-0.73
-0.85-0.82-0.95-0.91-0.79-0.74-0.67-0.80.770.89-0.86-0.79-0.83-0.85-0.960.25-0.82-0.43-0.8-0.83-0.84-0.67-0.78-0.39-0.73
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 Total19.9M262.3M232.5M250.1M543.8M571.0M
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 Equipment30.4M70.2M225.2M524.9M603.6M633.8M

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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.