Praxis Cash And Short Term Investments vs Current Deferred Revenue Analysis

PRAXIS Stock   21.88  0.54  2.41%   
Praxis Home financial indicator trend analysis is much more than just breaking down Praxis Home Retail prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Praxis Home Retail is a good investment. Please check the relationship between Praxis Home Cash And Short Term Investments and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praxis Home Retail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Cash And Short Term Investments vs Current Deferred Revenue

Cash And Short Term Investments vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Praxis Home Retail Cash And Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Praxis Home's Cash And Short Term Investments and Current Deferred Revenue is 0.07. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Praxis Home Retail, assuming nothing else is changed. The correlation between historical values of Praxis Home's Cash And Short Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Praxis Home Retail are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash And Short Term Investments i.e., Praxis Home's Cash And Short Term Investments and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Praxis Home Retail balance sheet. This account contains Praxis Home investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Praxis Home Retail fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Praxis Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Praxis Home Retail 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 Praxis Home Retail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Praxis Home's Selling General Administrative is projected to increase significantly based on the last few years of reporting. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is forecasted to decline to about 302.9 M.

Praxis Home fundamental ratios Correlations

0.910.980.130.820.750.250.240.810.860.990.940.51-0.620.830.230.840.84-0.690.8-0.340.840.92-0.210.620.79
0.910.880.110.760.80.280.290.760.780.90.850.44-0.550.770.190.770.77-0.570.76-0.440.750.84-0.320.570.79
0.980.880.050.750.790.280.290.710.860.980.960.57-0.670.760.160.810.8-0.780.71-0.150.90.84-0.010.570.73
0.130.110.05-0.260.34-0.09-0.55-0.19-0.01-0.010.22-0.440.6-0.260.94-0.34-0.32-0.01-0.25-0.240.21-0.03-0.110.790.43
0.820.760.75-0.260.340.210.420.990.770.870.630.49-0.71.0-0.190.960.98-0.350.98-0.540.420.89-0.520.170.57
0.750.80.790.340.340.060.020.340.530.70.830.24-0.260.370.40.430.42-0.550.31-0.010.840.540.140.690.78
0.250.280.28-0.090.210.060.370.180.550.270.290.27-0.330.21-0.110.230.22-0.460.240.070.250.150.03-0.03-0.03
0.240.290.29-0.550.420.020.370.350.410.330.230.58-0.620.42-0.350.540.52-0.360.420.010.130.22-0.11-0.32-0.13
0.810.760.71-0.190.990.340.180.350.730.850.60.44-0.640.99-0.130.910.94-0.30.99-0.640.410.92-0.60.240.61
0.860.780.86-0.010.770.530.550.410.730.870.880.67-0.740.780.080.840.81-0.750.75-0.170.70.71-0.210.320.45
0.990.90.98-0.010.870.70.270.330.850.870.910.55-0.70.880.090.90.9-0.680.84-0.310.80.92-0.190.50.74
0.940.850.960.220.630.830.290.230.60.880.910.56-0.590.650.330.730.7-0.810.6-0.080.910.720.00.610.68
0.510.440.57-0.440.490.240.270.580.440.670.550.56-0.930.51-0.20.650.58-0.770.530.120.560.450.03-0.07-0.07
-0.62-0.55-0.670.6-0.7-0.26-0.33-0.62-0.64-0.74-0.7-0.59-0.93-0.720.42-0.83-0.780.69-0.71-0.03-0.55-0.610.030.13-0.08
0.830.770.76-0.261.00.370.210.420.990.780.880.650.51-0.72-0.190.960.98-0.380.99-0.530.450.91-0.510.190.58
0.230.190.160.94-0.190.4-0.11-0.35-0.130.080.090.33-0.20.42-0.19-0.23-0.22-0.2-0.16-0.250.340.06-0.110.830.41
0.840.770.81-0.340.960.430.230.540.910.840.90.730.65-0.830.96-0.230.99-0.510.93-0.330.530.83-0.350.120.48
0.840.770.8-0.320.980.420.220.520.940.810.90.70.58-0.780.98-0.220.99-0.450.95-0.380.50.86-0.390.140.54
-0.69-0.57-0.78-0.01-0.35-0.55-0.46-0.36-0.3-0.75-0.68-0.81-0.770.69-0.38-0.2-0.51-0.45-0.36-0.22-0.88-0.48-0.32-0.41-0.25
0.80.760.71-0.250.980.310.240.420.990.750.840.60.53-0.710.99-0.160.930.95-0.36-0.620.420.91-0.590.190.54
-0.34-0.44-0.15-0.24-0.54-0.010.070.01-0.64-0.17-0.31-0.080.12-0.03-0.53-0.25-0.33-0.38-0.22-0.620.07-0.570.9-0.36-0.5
0.840.750.90.210.420.840.250.130.410.70.80.910.56-0.550.450.340.530.5-0.880.420.070.660.260.670.62
0.920.840.84-0.030.890.540.150.220.920.710.920.720.45-0.610.910.060.830.86-0.480.91-0.570.66-0.390.50.76
-0.21-0.32-0.01-0.11-0.520.140.03-0.11-0.6-0.21-0.190.00.030.03-0.51-0.11-0.35-0.39-0.32-0.590.90.26-0.39-0.07-0.25
0.620.570.570.790.170.69-0.03-0.320.240.320.50.61-0.070.130.190.830.120.14-0.410.19-0.360.670.5-0.070.79
0.790.790.730.430.570.78-0.03-0.130.610.450.740.68-0.07-0.080.580.410.480.54-0.250.54-0.50.620.76-0.250.79
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Praxis Home Account Relationship Matchups

Praxis Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B4.0B4.1B3.1B3.2B2.4B
Other Current Liab630.0M283.4M282.6M304.4M307.4M213.7M
Total Current Liabilities3.6B3.3B3.2B2.5B2.8B1.8B
Total Stockholder Equity375.1M(640.4M)7.7M(179.5M)(431.8M)(410.2M)
Net Debt3.7B2.5B2.0B1.6B1.8B995.1M
Cash60.4M48.2M64.9M17.9M19.6M33.4M
Cash And Short Term Investments60.7M48.6M65.3M1.1B19.6M18.6M
Common Stock Shares Outstanding57.0M64.2M64.2M93.2M113.6M63.2M
Liabilities And Stockholders Equity6.3B4.0B4.1B3.1B3.2B2.4B
Non Current Liabilities Total2.3B1.3B921.7M805.3M835.7M692.1M
Other Stockholder Equity1.5B721.3M1.8B1.8B1.2B753.7M
Total Liab5.9B4.6B4.1B3.3B3.6B2.3B
Total Current Assets2.5B1.5B3.0B1.9B1.9B1.3B
Common Stock138.2M151.9M376.5M378.4M626.1M657.4M
Retained Earnings(1.3B)(2.3B)(2.2B)(2.4B)(3.2B)(3.1B)
Short Long Term Debt Total3.8B2.5B2.1B1.6B1.9B1.2B
Net Tangible Assets370.5M(642.9M)6.0M(181.2M)(163.1M)(155.0M)
Short Long Term Debt867.0M698.4M742.1M478.8M742.3M372.1M
Short Term Debt1.6B1.3B1.2B788.3M1.0B594.1M
Long Term Debt Total2.2B1.2B884.6M785.6M903.5M712.6M
Other Liab54.2M47.5M37.1M19.7M17.7M31.2M
Property Plant And Equipment Net2.7B1.4B1.1B1.2B1.2B1.0B
Current Deferred Revenue(1.6B)259.5M512.2M161.3M104.7M109.9M
Accounts Payable1.4B1.5B1.5B1.4B1.4B1.7B
Non Current Assets Total3.8B2.5B1.1B1.2B1.3B1.7B
Non Currrent Assets Other(2.7B)1.0B45.4M95.6M114.4M86.8M
Other Assets1.1B1K45.4M5.3M4.8M4.5M
Long Term Debt42.1M45.8M50.0M164.3M82.4M54.9M
Net Receivables209.0M122.3M60.9M14.4M2.9M2.7M
Inventory1.8B916.4M1.4B663.4M584.3M914.5M
Other Current Assets667.7M357.2M1.4B1.2B1.3B772.4M
Cash And Equivalents60.4M48.2M64.9M17.9M16.1M15.3M
Intangible Assets4.6M2.6M1.6M1.7M2.6M3.2M
Property Plant Equipment2.7B1.4B1.1B1.2B1.3B999.6M
Net Invested Capital1.3B222.4M832.1M354.3M310.5M505.6M
Accumulated Other Comprehensive Income(583.0M)801.3M808.2M807.9M960.1M564.2M
Net Working Capital(1.1B)(1.8B)(176.6M)(623.0M)(1.0B)(1.1B)
Capital Surpluse303M580.8M991.5M1.0B1.2B635.9M

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Other Information on Investing in Praxis Stock

Balance Sheet is a snapshot of the financial position of Praxis Home Retail at a specified time, usually calculated after every quarter, six months, or one year. Praxis Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Praxis Home and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Praxis currently owns. An asset can also be divided into two categories, current and non-current.