Praxis Total Current Liabilities vs Net Debt 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 Total Current Liabilities and its Net Debt 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Praxis Home Retail Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Praxis Home's Total Current Liabilities and Net Debt is 0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Praxis Home Retail are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Praxis Home's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Praxis Home balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Praxis Home Retail are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Short Long Term Debt Total	Net Tangible Assets	Short Long Term Debt	Short Term Debt	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables
Total Assets		0.91	0.98	0.13	0.82	0.75	0.25	0.24	0.81	0.86	0.99	0.94	0.51	-0.62	0.83	0.23	0.84	0.84	-0.69	0.8	-0.34	0.84	0.92	-0.21	0.62	0.79
Other Current Liab	0.91		0.88	0.11	0.76	0.8	0.28	0.29	0.76	0.78	0.9	0.85	0.44	-0.55	0.77	0.19	0.77	0.77	-0.57	0.76	-0.44	0.75	0.84	-0.32	0.57	0.79
Total Current Liabilities	0.98	0.88		0.05	0.75	0.79	0.28	0.29	0.71	0.86	0.98	0.96	0.57	-0.67	0.76	0.16	0.81	0.8	-0.78	0.71	-0.15	0.9	0.84	-0.01	0.57	0.73
Total Stockholder Equity	0.13	0.11	0.05		-0.26	0.34	-0.09	-0.55	-0.19	-0.01	-0.01	0.22	-0.44	0.6	-0.26	0.94	-0.34	-0.32	-0.01	-0.25	-0.24	0.21	-0.03	-0.11	0.79	0.43
Net Debt	0.82	0.76	0.75	-0.26		0.34	0.21	0.42	0.99	0.77	0.87	0.63	0.49	-0.7	1.0	-0.19	0.96	0.98	-0.35	0.98	-0.54	0.42	0.89	-0.52	0.17	0.57
Cash	0.75	0.8	0.79	0.34	0.34		0.06	0.02	0.34	0.53	0.7	0.83	0.24	-0.26	0.37	0.4	0.43	0.42	-0.55	0.31	-0.01	0.84	0.54	0.14	0.69	0.78
Cash And Short Term Investments	0.25	0.28	0.28	-0.09	0.21	0.06		0.37	0.18	0.55	0.27	0.29	0.27	-0.33	0.21	-0.11	0.23	0.22	-0.46	0.24	0.07	0.25	0.15	0.03	-0.03	-0.03
Common Stock Shares Outstanding	0.24	0.29	0.29	-0.55	0.42	0.02	0.37		0.35	0.41	0.33	0.23	0.58	-0.62	0.42	-0.35	0.54	0.52	-0.36	0.42	0.01	0.13	0.22	-0.11	-0.32	-0.13
Non Current Liabilities Total	0.81	0.76	0.71	-0.19	0.99	0.34	0.18	0.35		0.73	0.85	0.6	0.44	-0.64	0.99	-0.13	0.91	0.94	-0.3	0.99	-0.64	0.41	0.92	-0.6	0.24	0.61
Other Stockholder Equity	0.86	0.78	0.86	-0.01	0.77	0.53	0.55	0.41	0.73		0.87	0.88	0.67	-0.74	0.78	0.08	0.84	0.81	-0.75	0.75	-0.17	0.7	0.71	-0.21	0.32	0.45
Total Liab	0.99	0.9	0.98	-0.01	0.87	0.7	0.27	0.33	0.85	0.87		0.91	0.55	-0.7	0.88	0.09	0.9	0.9	-0.68	0.84	-0.31	0.8	0.92	-0.19	0.5	0.74
Total Current Assets	0.94	0.85	0.96	0.22	0.63	0.83	0.29	0.23	0.6	0.88	0.91		0.56	-0.59	0.65	0.33	0.73	0.7	-0.81	0.6	-0.08	0.91	0.72	0.0	0.61	0.68
Common Stock	0.51	0.44	0.57	-0.44	0.49	0.24	0.27	0.58	0.44	0.67	0.55	0.56		-0.93	0.51	-0.2	0.65	0.58	-0.77	0.53	0.12	0.56	0.45	0.03	-0.07	-0.07
Retained Earnings	-0.62	-0.55	-0.67	0.6	-0.7	-0.26	-0.33	-0.62	-0.64	-0.74	-0.7	-0.59	-0.93		-0.72	0.42	-0.83	-0.78	0.69	-0.71	-0.03	-0.55	-0.61	0.03	0.13	-0.08
Short Long Term Debt Total	0.83	0.77	0.76	-0.26	1.0	0.37	0.21	0.42	0.99	0.78	0.88	0.65	0.51	-0.72		-0.19	0.96	0.98	-0.38	0.99	-0.53	0.45	0.91	-0.51	0.19	0.58
Net Tangible Assets	0.23	0.19	0.16	0.94	-0.19	0.4	-0.11	-0.35	-0.13	0.08	0.09	0.33	-0.2	0.42	-0.19		-0.23	-0.22	-0.2	-0.16	-0.25	0.34	0.06	-0.11	0.83	0.41
Short Long Term Debt	0.84	0.77	0.81	-0.34	0.96	0.43	0.23	0.54	0.91	0.84	0.9	0.73	0.65	-0.83	0.96	-0.23		0.99	-0.51	0.93	-0.33	0.53	0.83	-0.35	0.12	0.48
Short Term Debt	0.84	0.77	0.8	-0.32	0.98	0.42	0.22	0.52	0.94	0.81	0.9	0.7	0.58	-0.78	0.98	-0.22	0.99		-0.45	0.95	-0.38	0.5	0.86	-0.39	0.14	0.54
Other Liab	-0.69	-0.57	-0.78	-0.01	-0.35	-0.55	-0.46	-0.36	-0.3	-0.75	-0.68	-0.81	-0.77	0.69	-0.38	-0.2	-0.51	-0.45		-0.36	-0.22	-0.88	-0.48	-0.32	-0.41	-0.25
Property Plant And Equipment Net	0.8	0.76	0.71	-0.25	0.98	0.31	0.24	0.42	0.99	0.75	0.84	0.6	0.53	-0.71	0.99	-0.16	0.93	0.95	-0.36		-0.62	0.42	0.91	-0.59	0.19	0.54
Current Deferred Revenue	-0.34	-0.44	-0.15	-0.24	-0.54	-0.01	0.07	0.01	-0.64	-0.17	-0.31	-0.08	0.12	-0.03	-0.53	-0.25	-0.33	-0.38	-0.22	-0.62		0.07	-0.57	0.9	-0.36	-0.5
Accounts Payable	0.84	0.75	0.9	0.21	0.42	0.84	0.25	0.13	0.41	0.7	0.8	0.91	0.56	-0.55	0.45	0.34	0.53	0.5	-0.88	0.42	0.07		0.66	0.26	0.67	0.62
Non Current Assets Total	0.92	0.84	0.84	-0.03	0.89	0.54	0.15	0.22	0.92	0.71	0.92	0.72	0.45	-0.61	0.91	0.06	0.83	0.86	-0.48	0.91	-0.57	0.66		-0.39	0.5	0.76
Non Currrent Assets Other	-0.21	-0.32	-0.01	-0.11	-0.52	0.14	0.03	-0.11	-0.6	-0.21	-0.19	0.0	0.03	0.03	-0.51	-0.11	-0.35	-0.39	-0.32	-0.59	0.9	0.26	-0.39		-0.07	-0.25
Other Assets	0.62	0.57	0.57	0.79	0.17	0.69	-0.03	-0.32	0.24	0.32	0.5	0.61	-0.07	0.13	0.19	0.83	0.12	0.14	-0.41	0.19	-0.36	0.67	0.5	-0.07		0.79
Net Receivables	0.79	0.79	0.73	0.43	0.57	0.78	-0.03	-0.13	0.61	0.45	0.74	0.68	-0.07	-0.08	0.58	0.41	0.48	0.54	-0.25	0.54	-0.5	0.62	0.76	-0.25	0.79

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Praxis Home Account Relationship Matchups

Praxis Home fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	4.0B	4.1B	3.1B	3.2B	2.4B
Other Current Liab	630.0M	283.4M	282.6M	304.4M	307.4M	213.7M
Total Current Liabilities	3.6B	3.3B	3.2B	2.5B	2.8B	1.8B
Total Stockholder Equity	375.1M	(640.4M)	7.7M	(179.5M)	(431.8M)	(410.2M)
Net Debt	3.7B	2.5B	2.0B	1.6B	1.8B	995.1M
Cash	60.4M	48.2M	64.9M	17.9M	19.6M	33.4M
Cash And Short Term Investments	60.7M	48.6M	65.3M	1.1B	19.6M	18.6M
Common Stock Shares Outstanding	57.0M	64.2M	64.2M	93.2M	113.6M	63.2M
Liabilities And Stockholders Equity	6.3B	4.0B	4.1B	3.1B	3.2B	2.4B
Non Current Liabilities Total	2.3B	1.3B	921.7M	805.3M	835.7M	692.1M
Other Stockholder Equity	1.5B	721.3M	1.8B	1.8B	1.2B	753.7M
Total Liab	5.9B	4.6B	4.1B	3.3B	3.6B	2.3B
Total Current Assets	2.5B	1.5B	3.0B	1.9B	1.9B	1.3B
Common Stock	138.2M	151.9M	376.5M	378.4M	626.1M	657.4M
Retained Earnings	(1.3B)	(2.3B)	(2.2B)	(2.4B)	(3.2B)	(3.1B)
Short Long Term Debt Total	3.8B	2.5B	2.1B	1.6B	1.9B	1.2B
Net Tangible Assets	370.5M	(642.9M)	6.0M	(181.2M)	(163.1M)	(155.0M)
Short Long Term Debt	867.0M	698.4M	742.1M	478.8M	742.3M	372.1M
Short Term Debt	1.6B	1.3B	1.2B	788.3M	1.0B	594.1M
Long Term Debt Total	2.2B	1.2B	884.6M	785.6M	903.5M	712.6M
Other Liab	54.2M	47.5M	37.1M	19.7M	17.7M	31.2M
Property Plant And Equipment Net	2.7B	1.4B	1.1B	1.2B	1.2B	1.0B
Current Deferred Revenue	(1.6B)	259.5M	512.2M	161.3M	104.7M	109.9M
Accounts Payable	1.4B	1.5B	1.5B	1.4B	1.4B	1.7B
Non Current Assets Total	3.8B	2.5B	1.1B	1.2B	1.3B	1.7B
Non Currrent Assets Other	(2.7B)	1.0B	45.4M	95.6M	114.4M	86.8M
Other Assets	1.1B	1K	45.4M	5.3M	4.8M	4.5M
Long Term Debt	42.1M	45.8M	50.0M	164.3M	82.4M	54.9M
Net Receivables	209.0M	122.3M	60.9M	14.4M	2.9M	2.7M
Inventory	1.8B	916.4M	1.4B	663.4M	584.3M	914.5M
Other Current Assets	667.7M	357.2M	1.4B	1.2B	1.3B	772.4M
Cash And Equivalents	60.4M	48.2M	64.9M	17.9M	16.1M	15.3M
Intangible Assets	4.6M	2.6M	1.6M	1.7M	2.6M	3.2M
Property Plant Equipment	2.7B	1.4B	1.1B	1.2B	1.3B	999.6M
Net Invested Capital	1.3B	222.4M	832.1M	354.3M	310.5M	505.6M
Accumulated Other Comprehensive Income	(583.0M)	801.3M	808.2M	807.9M	960.1M	564.2M
Net Working Capital	(1.1B)	(1.8B)	(176.6M)	(623.0M)	(1.0B)	(1.1B)
Capital Surpluse	303M	580.8M	991.5M	1.0B	1.2B	635.9M

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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.

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Praxis Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

Praxis Home fundamental ratios Correlations

Praxis Home Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Praxis Home fundamental ratios Accounts

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Other Information on Investing in Praxis Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Net Debt
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Net Debt
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total

Retained Earnings	- 0.93	Common Stock
Accounts Payable	- 0.88	Other Liab
Short Long Term Debt	- 0.83	Retained Earnings
Other Liab	- 0.81	Total Current Assets
Short Term Debt	- 0.78	Retained Earnings
Other Liab	- 0.78	Total Current Liabilities