Purecycle Net Working Capital vs Total Assets 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 Net Working Capital and its Total Assets 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.

Net Working Capital vs Total Assets

JavaScript chart by amCharts 3.21.15201420162018202020222024020M40M60M80M100M120M140M160M180M200M220M240M260M280M300M 100M200M300M400M500M600M700M800M900M1B1.1B
JavaScript chart by amCharts 3.21.15Net Working Capitaltotal: 730MTotal Assetstotal: 3.7B

Net Working Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purecycle Technologies Net Working Capital account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Purecycle Technologies' Net Working Capital and Total Assets is 0.81. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Assets 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' Net Working Capital and Total 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 Net Working Capital of Purecycle Technologies Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Working Capital i.e., Purecycle Technologies' Net Working Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Working Capital

Total Assets

Total assets refers to the total amount of Purecycle Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Purecycle Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.