Perficient Net Tangible Assets vs Net Working Capital Analysis
PRFT Stock | USD 74.15 0.27 0.37% |
Perficient financial indicator trend analysis is much more than just breaking down Perficient prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perficient is a good investment. Please check the relationship between Perficient Net Tangible Assets and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.
Net Tangible Assets vs Net Working Capital
Net Tangible Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perficient Net Tangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Perficient's Net Tangible Assets and Net Working Capital is -0.7. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Perficient, assuming nothing else is changed. The correlation between historical values of Perficient's Net Tangible Assets and Net Working Capital 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 Tangible Assets of Perficient are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Tangible Assets i.e., Perficient's Net Tangible Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Working Capital
Most indicators from Perficient's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perficient 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 Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.Selling General Administrative is likely to gain to about 179.1 M in 2024. Tax Provision is likely to gain to about 40 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 292.2M | 352.4M | 302.5M | 317.6M | Total Revenue | 761.0M | 905.1M | 906.5M | 951.9M |
Perficient fundamental ratios Correlations
Click cells to compare fundamentals
Perficient Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Perficient fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 640.5M | 785.8M | 882.6M | 995.9M | 1.1B | 1.1B | |
Other Current Liab | 44.8M | 83.5M | 74.2M | 81.8M | 47.3M | 24.7M | |
Total Current Liabilities | 84.6M | 128.9M | 120.0M | 129.1M | 78.5M | 45.5M | |
Total Stockholder Equity | 381.0M | 394.1M | 364.8M | 410.1M | 530.6M | 557.2M | |
Property Plant And Equipment Net | 39.9M | 50.4M | 48.1M | 45.1M | 33.8M | 35.5M | |
Retained Earnings | 189.8M | 219.6M | 271.7M | 378.3M | 477.2M | 501.1M | |
Accounts Payable | 23.1M | 25.6M | 26.1M | 24.4M | 18.7M | 11.9M | |
Non Current Assets Total | 428.6M | 559.3M | 667.9M | 740.3M | 738.7M | 775.6M | |
Common Stock Total Equity | 48K | 49K | 50K | 53K | 61.0K | 33.7K | |
Common Stock Shares Outstanding | 32.2M | 32.5M | 34.7M | 36.7M | 36.7M | 28.0M | |
Liabilities And Stockholders Equity | 640.5M | 785.8M | 882.6M | 995.9M | 1.1B | 1.1B | |
Non Current Liabilities Total | 174.9M | 262.8M | 397.9M | 456.6M | 455.5M | 478.3M | |
Other Current Assets | 7.4M | 4.6M | 7.3M | 16.8M | 18.1M | 19.0M | |
Other Stockholder Equity | 193.8M | 170.6M | 98.8M | 49.3M | 58.8M | 55.9M | |
Total Liab | 259.5M | 391.7M | 517.8M | 585.8M | 534.0M | 560.7M | |
Property Plant And Equipment Gross | 39.9M | 50.4M | 48.1M | 45.1M | 70.0M | 73.5M | |
Total Current Assets | 211.9M | 226.5M | 214.7M | 255.6M | 326.0M | 342.3M | |
Accumulated Other Comprehensive Income | (2.7M) | 3.7M | (5.8M) | (17.5M) | (5.5M) | (5.2M) | |
Common Stock | 48K | 49K | 50K | 53K | 61.0K | 35.6K | |
Net Debt | 73.6M | 129.5M | 325.6M | 393.3M | 284.4M | 298.7M | |
Cash | 70.7M | 83.2M | 24.4M | 30.1M | 128.9M | 135.3M | |
Cash And Short Term Investments | 70.7M | 83.2M | 24.4M | 30.1M | 128.9M | 135.3M | |
Net Receivables | 129.1M | 133.1M | 177.6M | 202.3M | 179.0M | 187.9M | |
Short Long Term Debt Total | 144.3M | 212.7M | 350.0M | 423.4M | 413.3M | 434.0M | |
Non Currrent Assets Other | 15.2M | 17.3M | 23.3M | 23.1M | 52.4M | 55.0M | |
Other Assets | 15.2M | 55.9M | 23.3M | 41.1M | 47.3M | 49.6M | |
Long Term Debt | 124.7M | 183.6M | 326.1M | 394.6M | 396.9M | 416.7M | |
Good Will | 335.6M | 427.9M | 515.2M | 565.2M | 581.4M | 552.3M | |
Short Term Debt | 9.0M | 10.3M | 11.5M | 10.3M | 7M | 8.7M | |
Intangible Assets | 38.0M | 63.6M | 81.3M | 88.9M | 71.1M | 39.4M | |
Property Plant Equipment | 12.2M | 11.9M | 14.7M | 45.1M | 51.8M | 54.4M | |
Current Deferred Revenue | 7.7M | 9.4M | 8.2M | 12.7M | 5.5M | 5.6M | |
Inventory | 4.6M | 5.6M | 5.4M | 6.4M | 1.0 | 0.95 | |
Other Liab | 30.6M | 50.1M | 47.8M | 43.5M | 50.0M | 52.5M | |
Treasury Stock | (233.7M) | (261.6M) | (289.2M) | (324.4M) | (292.0M) | (277.4M) | |
Net Tangible Assets | 7.5M | (97.4M) | (231.7M) | (244.0M) | (219.6M) | (208.6M) | |
Retained Earnings Total Equity | 152.7M | 189.8M | 219.6M | 271.7M | 312.5M | 328.1M | |
Capital Surpluse | 437.3M | 455.5M | 459.9M | 423.2M | 486.7M | 408.1M | |
Non Current Liabilities Other | 50.2M | 79.2M | 71.7M | 5.9M | 5.0M | 4.7M |
Pair Trading with Perficient
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perficient position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perficient will appreciate offsetting losses from the drop in the long position's value.Moving together with Perficient Stock
0.78 | G | Genpact Limited | PairCorr |
0.86 | KD | Kyndryl Holdings Sell-off Trend | PairCorr |
Moving against Perficient Stock
0.7 | UIS | Unisys | PairCorr |
0.53 | DXC | DXC Technology | PairCorr |
The ability to find closely correlated positions to Perficient could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perficient when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perficient - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perficient to buy it.
The correlation of Perficient is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perficient moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perficient moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perficient can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.Note that the Perficient information on this page should be used as a complementary analysis to other Perficient'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Perficient Stock analysis
When running Perficient's price analysis, check to measure Perficient'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 Perficient is operating at the current time. Most of Perficient's value examination focuses on studying past and present price action to predict the probability of Perficient's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perficient's price. Additionally, you may evaluate how the addition of Perficient to your portfolios can decrease your overall portfolio volatility.
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Is Perficient'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 Perficient. If investors know Perficient 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 Perficient 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 (0.56) | Earnings Share 2.34 | Revenue Per Share 26.15 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0689 |
The market value of Perficient is measured differently than its book value, which is the value of Perficient that is recorded on the company's balance sheet. Investors also form their own opinion of Perficient's value that differs from its market value or its book value, called intrinsic value, which is Perficient'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 Perficient's market value can be influenced by many factors that don't directly affect Perficient'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 Perficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perficient'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.