Ppg Industries Stock Current Ratio
PPG Stock | USD 124.37 0.92 0.75% |
PPG Industries fundamentals help investors to digest information that contributes to PPG Industries' financial success or failures. It also enables traders to predict the movement of PPG Stock. The fundamental analysis module provides a way to measure PPG Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PPG Industries stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 1.47 | 1.23 |
PPG | Current Ratio |
PPG Industries Company Current Ratio Analysis
PPG Industries' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current PPG Industries Current Ratio | 1.52 X |
Most of PPG Industries' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PPG Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
PPG Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for PPG Industries is extremely important. It helps to project a fair market value of PPG Stock properly, considering its historical fundamentals such as Current Ratio. Since PPG Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PPG Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PPG Industries' interrelated accounts and indicators.
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PPG Current Ratio Historical Pattern
Today, most investors in PPG Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various PPG Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of PPG Industries current ratio as a starting point in their analysis.
PPG Industries Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
PPG Discontinued Operations
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In accordance with the recently published financial statements, PPG Industries has a Current Ratio of 1.52 times. This is 60.31% lower than that of the Chemicals sector and 59.79% lower than that of the Materials industry. The current ratio for all United States stocks is 29.63% higher than that of the company.
PPG Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PPG Industries' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PPG Industries could also be used in its relative valuation, which is a method of valuing PPG Industries by comparing valuation metrics of similar companies.PPG Industries is currently under evaluation in current ratio category among its peers.
PPG Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PPG Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PPG Industries' managers, analysts, and investors.Environmental | Governance | Social |
PPG Fundamentals
Return On Equity | 0.19 | ||||
Return On Asset | 0.0668 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.13 % | ||||
Current Valuation | 34.8 B | ||||
Shares Outstanding | 232 M | ||||
Shares Owned By Insiders | 0.20 % | ||||
Shares Owned By Institutions | 84.96 % | ||||
Number Of Shares Shorted | 3.27 M | ||||
Price To Earning | 29.97 X | ||||
Price To Book | 3.70 X | ||||
Price To Sales | 1.60 X | ||||
Revenue | 18.25 B | ||||
Gross Profit | 6.6 B | ||||
EBITDA | 2.6 B | ||||
Net Income | 1.27 B | ||||
Cash And Equivalents | 1.1 B | ||||
Cash Per Share | 4.67 X | ||||
Total Debt | 6.87 B | ||||
Debt To Equity | 1.24 % | ||||
Current Ratio | 1.52 X | ||||
Book Value Per Share | 33.57 X | ||||
Cash Flow From Operations | 2.41 B | ||||
Short Ratio | 2.13 X | ||||
Earnings Per Share | 6.31 X | ||||
Price To Earnings To Growth | 1.08 X | ||||
Target Price | 147.42 | ||||
Number Of Employees | 53 K | ||||
Beta | 1.25 | ||||
Market Capitalization | 28.85 B | ||||
Total Asset | 21.65 B | ||||
Retained Earnings | 21.5 B | ||||
Working Capital | 2.38 B | ||||
Current Asset | 6.71 B | ||||
Current Liabilities | 4.7 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.67 % | ||||
Net Asset | 21.65 B | ||||
Last Dividend Paid | 2.63 |
About PPG Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PPG Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PPG Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PPG Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out PPG Industries Piotroski F Score and PPG Industries Altman Z Score analysis. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Specialty Chemicals space 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 PPG Industries. If investors know PPG 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 PPG Industries 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 0.117 | Dividend Share 2.63 | Earnings Share 6.31 | Revenue Per Share 76.764 | Quarterly Revenue Growth (0.01) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.