What is the debt of Porch Group this year?
Porch Group has a debt level of 177.32 USD this year.
Porch Group Debt 2024
Porch Group Debt
177.32 USD
Ticker
PRCH
ISIN
US7332451043
WKN
A2QK2W
In 2024, Porch Group's total debt was 177.32 USD, a -21.78% change from the 226.7 USD total debt recorded in the previous year.
Porch Group Aktienanalyse
What does Porch Group do?
Porch Group Inc is an American company based in Seattle that was founded in 2012. Originally, the company started as an online platform for craftsmen and home-related services, but has since grown into a comprehensive marketplace for homeowners and professionals in the home service industry. The business model of Porch Group Inc is based on providing homeowners with a platform to easily and efficiently handle all services related to home construction, buying, or maintenance. The platform connects users with professionals from various trade areas and offers tools to help homeowners plan, execute, and manage projects. Porch Group Inc offers various categories that cover the needs of homeowners, including: - Home Improvement: Homeowners can find craftsmen on this platform to perform repairs, renovations, or additions to their homes. - Home Inspection: Prospective homebuyers can find a qualified inspector on the platform to assess a house before signing a purchase agreement. - Moving: Porch Group offers numerous services related to moving, such as connecting homeowners with moving companies or organizing the moving process. - Home Maintenance: This includes connecting homeowners with professionals who can perform regular maintenance on their homes and gardens. Porch Group also offers various products to help homeowners plan and manage their projects, including: - Porch Design: This product allows homeowners to visualize their plans and bring their visions to life. - Porch Build: This product assists homeowners in managing and implementing projects, including budgeting and time management. - Porch Home Assistant: An AI-powered application that helps homeowners compare contractor quotes and find the best candidate. Porch Group is widely spread throughout the US and has thousands of professionals and companies in its database. Homeowners can view contractor reviews on the platform to make informed decisions. The database is also used by insurance and financial companies to gather information about homeowners and their projects. Overall, Porch Group Inc has become a leading company in the home service industry. The wide range of categories and products, the easy and secure interface, and the extensive database of professionals have helped establish the company as a trusted and helpful platform for homeowners. Porch Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Porch Group's Debt Structure
Porch Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Porch Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Porch Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Porch Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Porch Group stock
What was the debt of Porch Group compared to the previous year?
The debt of Porch Group has increased by -21.78% compared to the previous year dropped.
What are the consequences of high debt for investors in Porch Group?
High debt can pose a risk for investors of Porch Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Porch Group?
Low debt means that Porch Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Porch Group affect the company?
An increase in debt of Porch Group can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Porch Group affect the company?
A reduction in debt of Porch Group can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Porch Group?
Some factors that can influence the debt of Porch Group include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Porch Group so important for investors?
The debts of Porch Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Porch Group take to change the debt?
To change the debt, Porch Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Porch Group pay?
Over the past 12 months, Porch Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Porch Group is expected to pay a dividend of 0 USD.
What is the dividend yield of Porch Group?
The current dividend yield of Porch Group is .
When does Porch Group pay dividends?
Porch Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Porch Group?
Porch Group paid dividends every year for the past 0 years.
What is the dividend of Porch Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Porch Group located?
Porch Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Porch Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Porch Group from 11/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/10/2024.
When did Porch Group pay the last dividend?
The last dividend was paid out on 11/10/2024.
What was the dividend of Porch Group in the year 2023?
In the year 2023, Porch Group distributed 0 USD as dividends.
In which currency does Porch Group pay out the dividend?
The dividends of Porch Group are distributed in USD.
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Andere Kennzahlen von Porch Group
Our stock analysis for Porch Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Porch Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.