Protagonist Common Stock vs Capital Surpluse Analysis

PTGX Stock  USD 29.98  0.43  1.41%   
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 Common Stock and its Capital Surpluse 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 tightly coupled 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.

Common Stock vs Capital Surpluse

Common Stock vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protagonist Therapeutics Common Stock account and Capital Surpluse. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Protagonist Therapeutics' Common Stock and Capital Surpluse is 0.13. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Capital Surpluse 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' Common Stock and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Protagonist Therapeutics are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Common Stock i.e., Protagonist Therapeutics' Common Stock and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Capital Surpluse

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 tightly coupled 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

0.810.83-0.25-0.040.990.72-0.87-0.850.390.870.520.251.00.620.940.960.23-0.030.460.420.3-0.80.871.00.1
0.810.61-0.36-0.490.870.45-0.75-0.690.290.730.32-0.190.820.260.780.780.330.080.250.220.37-0.570.690.820.09
0.830.61-0.450.20.830.77-0.69-0.620.550.710.710.540.820.510.730.790.210.110.180.110.29-0.690.720.820.21
-0.25-0.36-0.45-0.16-0.35-0.52-0.090.0-0.570.09-0.58-0.26-0.240.43-0.24-0.32-0.56-0.670.690.71-0.590.22-0.39-0.24-0.01
-0.04-0.490.2-0.16-0.120.490.280.050.19-0.220.240.81-0.070.21-0.010.05-0.050.31-0.12-0.15-0.03-0.240.22-0.050.08
0.990.870.83-0.35-0.120.7-0.84-0.810.440.830.560.20.990.520.910.960.280.020.360.320.34-0.770.840.980.03
0.720.450.77-0.520.490.7-0.41-0.590.410.460.540.550.70.390.680.830.260.440.080.040.32-0.750.860.710.19
-0.87-0.75-0.69-0.090.28-0.84-0.410.91-0.26-1.0-0.3-0.07-0.87-0.72-0.86-0.74-0.230.39-0.73-0.69-0.280.71-0.66-0.87-0.19
-0.85-0.69-0.620.00.05-0.81-0.590.91-0.25-0.92-0.28-0.14-0.86-0.7-0.92-0.8-0.410.24-0.72-0.69-0.450.84-0.85-0.86-0.17
0.390.290.55-0.570.190.440.41-0.26-0.250.260.380.640.390.190.40.370.380.35-0.2-0.230.42-0.620.320.390.08
0.870.730.710.09-0.220.830.46-1.0-0.920.260.310.120.870.760.860.760.22-0.370.740.70.27-0.740.690.870.2
0.520.320.71-0.580.240.560.54-0.3-0.280.380.310.360.510.090.390.50.37-0.06-0.14-0.160.42-0.250.440.49-0.36
0.25-0.190.54-0.260.810.20.55-0.07-0.140.640.120.360.230.450.250.27-0.020.28-0.04-0.090.03-0.540.310.240.17
1.00.820.82-0.24-0.070.990.7-0.87-0.860.390.870.510.230.610.940.960.24-0.040.460.420.3-0.790.861.00.1
0.620.260.510.430.210.520.39-0.72-0.70.190.760.090.450.610.590.56-0.24-0.380.840.8-0.2-0.70.470.620.09
0.940.780.73-0.24-0.010.910.68-0.86-0.920.40.860.390.250.940.590.880.43-0.020.50.450.48-0.860.920.950.24
0.960.780.79-0.320.050.960.83-0.74-0.80.370.760.50.270.960.560.880.180.140.370.330.24-0.80.90.960.05
0.230.330.21-0.56-0.050.280.26-0.23-0.410.380.220.37-0.020.24-0.240.430.180.07-0.13-0.121.0-0.320.450.220.08
-0.030.080.11-0.670.310.020.440.390.240.35-0.37-0.060.28-0.04-0.38-0.020.140.07-0.66-0.690.08-0.160.21-0.030.33
0.460.250.180.69-0.120.360.08-0.73-0.72-0.20.74-0.14-0.040.460.840.50.37-0.13-0.660.99-0.12-0.450.340.470.08
0.420.220.110.71-0.150.320.04-0.69-0.69-0.230.7-0.16-0.090.420.80.450.33-0.12-0.690.99-0.12-0.410.290.43-0.01
0.30.370.29-0.59-0.030.340.32-0.28-0.450.420.270.420.030.3-0.20.480.241.00.08-0.12-0.12-0.370.50.290.09
-0.8-0.57-0.690.22-0.24-0.77-0.750.710.84-0.62-0.74-0.25-0.54-0.79-0.7-0.86-0.8-0.32-0.16-0.45-0.41-0.37-0.83-0.8-0.24
0.870.690.72-0.390.220.840.86-0.66-0.850.320.690.440.310.860.470.920.90.450.210.340.290.5-0.830.870.21
1.00.820.82-0.24-0.050.980.71-0.87-0.860.390.870.490.241.00.620.950.960.22-0.030.470.430.29-0.80.870.12
0.10.090.21-0.010.080.030.19-0.19-0.170.080.2-0.360.170.10.090.240.050.080.330.08-0.010.09-0.240.210.12
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)21.2M38.6M25.0M19.4M13.5M
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 Receivables6.8M3.5M4.4M52K10.3M10.8M
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 Assets744K311K975K42K14.0M14.7M
Other Stockholder Equity221K(28K)299K359K952.5M1.0B
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 Debt1.3M1.5M2.2M2.5M1.1M1.8M

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When determining whether Protagonist Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Protagonist Therapeutics' 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 Protagonist Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Protagonist Therapeutics Stock:
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 tightly coupled 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.
Note that the Protagonist Therapeutics information on this page should be used as a complementary analysis to other Protagonist Therapeutics' 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.

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When running Protagonist Therapeutics' price analysis, check to measure Protagonist Therapeutics' 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 Protagonist Therapeutics is operating at the current time. Most of Protagonist Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagonist Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagonist Therapeutics' price. Additionally, you may evaluate how the addition of Protagonist Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Protagonist Therapeutics' 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 Protagonist Therapeutics. If investors know Protagonist 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 Protagonist Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.54
Revenue Per Share
5.308
Quarterly Revenue Growth
(1.00)
Return On Assets
0.2138
Return On Equity
0.4175
The market value of Protagonist Therapeutics is measured differently than its book value, which is the value of Protagonist that is recorded on the company's balance sheet. Investors also form their own opinion of Protagonist Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Protagonist Therapeutics' 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 Protagonist Therapeutics' market value can be influenced by many factors that don't directly affect Protagonist Therapeutics' 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 Protagonist Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Protagonist Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Protagonist Therapeutics' 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.