Protagonist Long Term Debt vs Property Plant Equipment Analysis

PTGX Stock  USD 44.95  0.12  0.27%   
Protagonist Therapeutics financial indicator trend analysis is much more than just breaking down Protagonist Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Protagonist Therapeutics is a good investment. Please check the relationship between Protagonist Therapeutics Long Term Debt and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protagonist Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protagonist Therapeutics Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Protagonist Therapeutics' Long Term Debt and Property Plant Equipment is 0.57. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Protagonist Therapeutics, assuming nothing else is changed. The correlation between historical values of Protagonist Therapeutics' Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Protagonist Therapeutics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Protagonist Therapeutics' Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Protagonist Therapeutics has held for over one year. Long-term debt appears on Protagonist Therapeutics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Protagonist Therapeutics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

Most indicators from Protagonist Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protagonist Therapeutics 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 Protagonist Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.Enterprise Value is likely to rise to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 18 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income443K4.1M12.9M13.6M
Net Interest Income443K4.1M12.9M13.6M

Protagonist Therapeutics fundamental ratios Correlations

0.810.83-0.25-0.040.990.72-0.87-0.850.390.870.520.251.00.50.940.960.23-0.030.830.820.3-0.80.871.00.1
0.810.61-0.35-0.510.860.43-0.75-0.680.280.720.31-0.20.820.110.760.770.310.070.90.750.35-0.560.670.810.09
0.830.61-0.450.20.830.77-0.69-0.620.550.710.710.540.820.40.730.790.210.110.690.50.29-0.690.720.820.21
-0.25-0.35-0.45-0.16-0.35-0.52-0.090.0-0.570.09-0.58-0.26-0.240.53-0.24-0.32-0.56-0.67-0.470.07-0.590.22-0.39-0.24-0.01
-0.04-0.510.2-0.16-0.120.490.280.050.19-0.220.240.81-0.070.23-0.010.05-0.050.31-0.19-0.26-0.03-0.240.22-0.050.08
0.990.860.83-0.35-0.120.7-0.84-0.810.440.830.560.20.990.390.910.960.280.020.870.790.34-0.770.840.980.03
0.720.430.77-0.520.490.7-0.41-0.590.410.460.540.550.70.260.680.830.260.440.720.510.32-0.750.860.710.19
-0.87-0.75-0.69-0.090.28-0.84-0.410.91-0.26-1.0-0.3-0.07-0.87-0.66-0.86-0.74-0.230.39-0.63-0.89-0.280.71-0.66-0.87-0.19
-0.85-0.68-0.620.00.05-0.81-0.590.91-0.25-0.92-0.28-0.14-0.86-0.64-0.92-0.8-0.410.24-0.66-0.95-0.450.84-0.85-0.86-0.17
0.390.280.55-0.570.190.440.41-0.26-0.250.260.380.640.390.170.40.370.380.350.240.080.42-0.620.320.390.08
0.870.720.710.09-0.220.830.46-1.0-0.920.260.310.120.870.690.860.760.22-0.370.630.890.27-0.740.690.870.2
0.520.310.71-0.580.240.560.54-0.3-0.280.380.310.360.510.040.390.50.37-0.060.390.20.42-0.250.440.49-0.36
0.25-0.20.54-0.260.810.20.55-0.07-0.140.640.120.360.230.460.250.27-0.020.28-0.02-0.110.03-0.540.310.240.17
1.00.820.82-0.24-0.070.990.7-0.87-0.860.390.870.510.230.490.940.960.24-0.040.830.830.3-0.790.861.00.1
0.50.110.40.530.230.390.26-0.66-0.640.170.690.040.460.490.50.42-0.22-0.490.080.53-0.19-0.620.350.50.07
0.940.760.73-0.24-0.010.910.68-0.86-0.920.40.860.390.250.940.50.880.43-0.020.760.850.48-0.860.920.950.24
0.960.770.79-0.320.050.960.83-0.74-0.80.370.760.50.270.960.420.880.180.140.890.790.24-0.80.90.960.05
0.230.310.21-0.56-0.050.280.26-0.23-0.410.380.220.37-0.020.24-0.220.430.180.070.250.331.0-0.320.450.220.08
-0.030.070.11-0.670.310.020.440.390.240.35-0.37-0.060.28-0.04-0.49-0.020.140.070.31-0.270.08-0.160.21-0.030.33
0.830.90.69-0.47-0.190.870.72-0.63-0.660.240.630.39-0.020.830.080.760.890.250.310.730.3-0.620.820.830.12
0.820.750.50.07-0.260.790.51-0.89-0.950.080.890.2-0.110.830.530.850.790.33-0.270.730.36-0.710.780.820.09
0.30.350.29-0.59-0.030.340.32-0.28-0.450.420.270.420.030.3-0.190.480.241.00.080.30.36-0.370.50.290.09
-0.8-0.56-0.690.22-0.24-0.77-0.750.710.84-0.62-0.74-0.25-0.54-0.79-0.62-0.86-0.8-0.32-0.16-0.62-0.71-0.37-0.83-0.8-0.24
0.870.670.72-0.390.220.840.86-0.66-0.850.320.690.440.310.860.350.920.90.450.210.820.780.5-0.830.870.21
1.00.810.82-0.24-0.050.980.71-0.87-0.860.390.870.490.241.00.50.950.960.22-0.030.830.820.29-0.80.870.12
0.10.090.21-0.010.080.030.19-0.19-0.170.080.2-0.360.170.10.070.240.050.080.330.120.090.09-0.240.210.12
Click cells to compare fundamentals

Protagonist Therapeutics Account Relationship Matchups

Protagonist Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.9M324.5M347.7M247.9M358.0M204.1M
Other Current Liab(10.2M)19.8M36.4M22.5M18.2M12.7M
Total Current Liabilities35.4M40.2M44.0M31.2M21.3M27.7M
Total Stockholder Equity(217.7M)(283.8M)(409.4M)(536.8M)336.7M353.5M
Net Tangible Assets80.0M279.6M300.0M215.6M247.9M141.3M
Property Plant And Equipment Net7.7M6.4M6.7M4.6M2.1M3.4M
Net Debt(16.0M)(111.4M)(117.8M)(122.1M)(185.6M)(176.3M)
Retained Earnings(217.7M)(283.8M)(409.4M)(536.8M)(615.7M)(584.9M)
Accounts Payable2.8M3.1M1.6M3.6M772K733.4K
Cash33.0M117.4M123.7M125.7M186.7M196.1M
Non Current Assets Total9.6M8.9M7.0M10.6M2.4M2.3M
Other Assets450K1.1M1.9M225K258.8K245.8K
Cash And Short Term Investments133.0M307.8M326.9M237.4M341.6M191.4M
Net Receivables6.8M2.4M1.6M52K10.3M10.8M
Common Stock Shares Outstanding25.9M34.4M46.3M49.0M56.8M29.8M
Short Term Investments100.0M188.5M203.2M111.6M154.9M99.8M
Liabilities And Stockholders Equity(142.7M)(238.9M)(361.7M)247.9M358.0M375.8M
Non Current Liabilities Total39.5M4.6M3.7M784.7M221K210.0K
Inventory4.8M4.0M8.5M(94K)(10.3M)(9.8M)
Other Current Assets744K7.4M12.3M5.7M3.6M3.6M
Other Stockholder Equity221K563.4M709.7M752.7M952.5M1.0B
Total Liab75.0M44.9M47.7M784.7M21.3M20.2M
Property Plant And Equipment Gross7.7M6.4M11.0M9.9M8.4M5.1M
Total Current Assets145.3M315.6M340.7M237.4M355.6M196.9M
Accumulated Other Comprehensive Income(221K)28K(299K)(359K)(105K)(110.3K)
Property Plant Equipment7.7M1.5M6.7M1.6M1.8M2.5M
Capital Surpluse297.8M563.4M709.7M752.7M865.6M908.9M
Retained Earnings Total Equity(217.7M)(283.8M)(409.4M)(536.8M)(483.1M)(458.9M)
Current Deferred Revenue41.5M14.5M1.6M69K3K2.9K
Net Invested Capital89.8M279.6M300.0M215.6M336.7M228.6M
Net Working Capital109.9M275.4M296.7M211.9M334.3M227.5M
Short Term Debt1.3M2.9M4.4M5.0M2.3M3.1M

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