Prestige Non Currrent Assets Other vs Inventory Analysis

PBH Stock  USD 64.31  1.51  2.40%   
Prestige Brand financial indicator trend analysis is much more than just breaking down Prestige Brand Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prestige Brand Holdings is a good investment. Please check the relationship between Prestige Brand Non Currrent Assets Other and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Brand Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Non Currrent Assets Other vs Inventory

Non Currrent Assets Other vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prestige Brand Holdings Non Currrent Assets Other account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prestige Brand's Non Currrent Assets Other and Inventory is -0.36. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Inventory in the same time period over historical financial statements of Prestige Brand Holdings, assuming nothing else is changed. The correlation between historical values of Prestige Brand's Non Currrent Assets Other and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Prestige Brand Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Currrent Assets Other i.e., Prestige Brand's Non Currrent Assets Other and Inventory go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Inventory

Most indicators from Prestige Brand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prestige Brand Holdings 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 Prestige Brand Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of now, Prestige Brand's Tax Provision is decreasing as compared to previous years. The Prestige Brand's current Enterprise Value Over EBITDA is estimated to increase to 18.51, while Selling General Administrative is projected to decrease to under 68.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit620.6M625.3M601.9M350.3M
Total Revenue1.1B1.1B1.1B629.9M

Prestige Brand fundamental ratios Correlations

0.68-0.820.690.670.930.890.560.560.920.890.940.930.660.790.590.811.0-0.340.890.90.950.920.90.30.43
0.68-0.70.440.30.440.390.480.480.740.410.660.670.930.860.980.480.710.10.40.80.770.450.8-0.090.89
-0.82-0.7-0.93-0.86-0.76-0.76-0.46-0.46-0.8-0.75-0.78-0.81-0.56-0.84-0.57-0.76-0.810.22-0.74-0.74-0.7-0.75-0.77-0.27-0.48
0.690.44-0.930.980.730.770.290.290.610.740.610.670.260.670.270.730.68-0.250.740.530.50.720.560.370.22
0.670.3-0.860.980.760.810.190.190.540.780.570.620.120.560.120.720.66-0.30.790.460.460.760.480.460.06
0.930.44-0.760.730.760.990.470.470.790.990.860.860.410.580.320.820.93-0.380.990.730.841.00.730.510.21
0.890.39-0.760.770.810.990.410.410.731.00.810.810.340.570.260.810.9-0.391.00.670.790.990.670.480.14
0.560.48-0.460.290.190.470.411.00.750.440.660.670.60.550.470.560.54-0.250.420.670.590.450.64-0.020.45
0.560.48-0.460.290.190.470.411.00.750.440.660.670.60.550.470.560.54-0.250.420.670.590.450.64-0.020.45
0.920.74-0.80.610.540.790.730.750.750.730.940.930.720.830.670.780.9-0.320.720.980.890.760.970.190.54
0.890.41-0.750.740.780.991.00.440.440.730.810.810.370.570.280.810.9-0.371.00.680.80.990.670.480.18
0.940.66-0.780.610.570.860.810.660.660.940.810.980.680.70.590.820.93-0.420.80.890.890.850.910.340.43
0.930.67-0.810.670.620.860.810.670.670.930.810.980.680.740.580.920.92-0.460.80.890.880.840.910.280.42
0.660.93-0.560.260.120.410.340.60.60.720.370.680.680.780.950.470.680.030.350.760.790.410.77-0.150.86
0.790.86-0.840.670.560.580.570.550.550.830.570.70.740.780.790.630.78-0.160.550.850.790.560.85-0.180.65
0.590.98-0.570.270.120.320.260.470.470.670.280.590.580.950.790.360.610.170.270.740.720.330.75-0.180.91
0.810.48-0.760.730.720.820.810.560.560.780.810.820.920.470.630.360.8-0.510.810.730.740.810.740.270.22
1.00.71-0.810.680.660.930.90.540.540.90.90.930.920.680.780.610.8-0.30.890.890.960.920.890.310.46
-0.340.10.22-0.25-0.3-0.38-0.39-0.25-0.25-0.32-0.37-0.42-0.460.03-0.160.17-0.51-0.3-0.36-0.22-0.22-0.33-0.360.040.46
0.890.4-0.740.740.790.991.00.420.420.721.00.80.80.350.550.270.810.89-0.360.670.790.990.660.490.16
0.90.8-0.740.530.460.730.670.670.670.980.680.890.890.760.850.740.730.89-0.220.670.910.710.970.090.61
0.950.77-0.70.50.460.840.790.590.590.890.80.890.880.790.790.720.740.96-0.220.790.910.840.90.190.58
0.920.45-0.750.720.761.00.990.450.450.760.990.850.840.410.560.330.810.92-0.330.990.710.840.710.530.23
0.90.8-0.770.560.480.730.670.640.640.970.670.910.910.770.850.750.740.89-0.360.660.970.90.710.10.57
0.3-0.09-0.270.370.460.510.48-0.02-0.020.190.480.340.28-0.15-0.18-0.180.270.310.040.490.090.190.530.1-0.06
0.430.89-0.480.220.060.210.140.450.450.540.180.430.420.860.650.910.220.460.460.160.610.580.230.57-0.06
Click cells to compare fundamentals

Prestige Brand Account Relationship Matchups

Prestige Brand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.4B3.7B3.4B3.4B2.2B
Total Stockholder Equity1.2B1.4B1.6B1.4B1.7B1.7B
Other Assets3.0M2.9M3.3M3.0M1.00.95
Common Stock Shares Outstanding51.1M50.6M50.8M49.9M50.2M51.8M
Liabilities And Stockholders Equity3.5B3.4B3.7B3.4B3.4B2.2B
Other Stockholder Equity370.5M368.8M381.9M346.2M347.8M368.9M
Total Liab2.3B2.1B2.1B1.9B1.7B1.4B
Net Debt1.7B1.5B1.5B1.3B1.1B1.1B
Cash94.8M32.3M27.2M58.5M46.5M29.2M
Cash And Short Term Investments94.8M32.3M27.2M58.5M46.5M29.2M
Total Current Assets365.7M269.8M293.3M391.7M375.0M204.4M
Short Long Term Debt Total1.8B1.5B1.5B1.4B1.1B1.2B
Other Current Liab80.7M67.7M78.6M88.2M69.3M50.6M
Total Current Liabilities149.9M122.1M143.4M160.7M117.0M97.9M
Property Plant And Equipment Net90.7M102.8M98.5M89.5M89.3M93.8M
Retained Earnings844.1M1.0B1.2B1.1B1.3B1.4B
Accounts Payable62.4M46.0M55.8M62.7M39.0M42.0M
Non Current Assets Total3.1B3.2B3.4B3.0B3.0B2.2B
Non Currrent Assets Other3.0M2.9M3.3M(377.4M)409.3M429.8M
Long Term Debt1.7B1.5B1.5B1.3B1.1B1.2B
Net Receivables150.5M114.7M139.3M167.0M176.8M96.7M
Good Will575.2M578.1M579.0M527.6M527.7M389.3M
Non Current Liabilities Total2.2B1.9B1.9B1.7B1.6B1.5B
Inventory116.0M115.0M120.3M162.1M138.7M82.2M
Other Current Assets4.4M7.9M6.4M4.1M13.1M11.1M
Property Plant And Equipment Gross90.7M102.8M71.3M70.4M161.7M169.8M
Short Term Debt6.8M8.4M9.1M9.8M6.2M5.8M
Intangible Assets2.5B2.5B2.7B2.3B2.3B1.8B
Property Plant Equipment56.0M70.1M71.3M70.4M81.0M85.0M
Common Stock Total Equity538K540K544K548K630.2K571.7K
Accumulated Other Comprehensive Income(44.2M)(19.8M)(19.0M)(31.6M)(34.5M)(32.8M)
Treasury Stock(59.9M)(117.6M)(130.7M)(133.6M)(120.3M)(114.3M)
Common Stock538K540K544K548K555K573.7K
Other Liab419.6M428.8M442.7M452.4M520.3M342.3M
Net Tangible Assets1.2B1.4B1.6B1.4B1.7B1.7B
Retained Earnings Total Equity844.1M1.0B1.2B1.1B1.3B1.4B
Capital Surpluse488.1M499.5M515.6M535.4M615.7M506.4M
Long Term Debt Total1.7B1.5B1.5B1.3B1.5B1.8B

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When determining whether Prestige Brand Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prestige Brand's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prestige Brand Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prestige Brand Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Brand Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Prestige Brand Holdings information on this page should be used as a complementary analysis to other Prestige Brand's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Prestige Brand's price analysis, check to measure Prestige Brand's 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 Prestige Brand is operating at the current time. Most of Prestige Brand's value examination focuses on studying past and present price action to predict the probability of Prestige Brand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prestige Brand's price. Additionally, you may evaluate how the addition of Prestige Brand to your portfolios can decrease your overall portfolio volatility.
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Is Prestige Brand's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prestige Brand. If investors know Prestige will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prestige Brand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.019
Earnings Share
4.17
Revenue Per Share
22.617
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0642
The market value of Prestige Brand Holdings is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Brand's value that differs from its market value or its book value, called intrinsic value, which is Prestige Brand's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prestige Brand's market value can be influenced by many factors that don't directly affect Prestige Brand's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prestige Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Brand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Brand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.