Public Other Current Assets vs Retained Earnings Analysis

0KS2 Stock   84.35  0.46  0.55%   
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Other Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Public Service's Other Current Assets and Retained Earnings is 0.06. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Public Service Enterprise are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Public Service's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 307.2 M in 2024. Selling General Administrative is likely to drop to about 28 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue8.7B11.5B11.2B10.9B
Depreciation And Amortization1.4B1.3B1.3B1.2B

Public Service fundamental ratios Correlations

-0.50.810.960.990.950.980.03-0.120.970.680.75-0.140.76-0.35-0.260.030.92-0.60.17-0.431.00.170.20.670.97
-0.5-0.06-0.63-0.56-0.67-0.56-0.220.17-0.68-0.910.060.04-0.330.210.19-0.39-0.780.410.07-0.25-0.450.21-0.42-0.42-0.34
0.81-0.060.650.750.720.7-0.110.230.690.320.720.10.87-0.17-0.19-0.240.61-0.570.49-0.530.850.6-0.120.550.89
0.96-0.630.650.970.910.990.05-0.220.970.760.65-0.190.61-0.39-0.30.150.93-0.60.08-0.280.930.010.370.680.86
0.99-0.560.750.970.950.990.1-0.180.980.710.69-0.170.73-0.31-0.220.080.94-0.570.08-0.370.980.060.290.640.94
0.95-0.670.720.910.950.930.03-0.050.980.850.59-0.060.79-0.26-0.170.080.98-0.510.17-0.270.940.160.190.60.91
0.98-0.560.70.990.990.930.05-0.210.980.720.71-0.180.65-0.35-0.240.120.93-0.540.06-0.330.960.020.340.640.9
0.03-0.22-0.110.050.10.030.050.10.08-0.06-0.290.2-0.090.540.50.260.08-0.13-0.190.460.02-0.310.57-0.34-0.05
-0.120.170.23-0.22-0.18-0.05-0.210.1-0.15-0.12-0.170.940.170.590.430.0-0.1-0.120.580.37-0.090.64-0.12-0.32-0.05
0.97-0.680.690.970.980.980.980.08-0.150.820.61-0.130.72-0.31-0.220.130.98-0.550.09-0.280.950.050.310.640.9
0.68-0.910.320.760.710.850.72-0.06-0.120.820.22-0.070.56-0.33-0.260.220.9-0.390.080.010.650.00.240.550.58
0.750.060.720.650.690.590.71-0.29-0.170.610.22-0.260.47-0.46-0.26-0.210.5-0.260.12-0.740.770.21-0.220.50.82
-0.140.040.1-0.19-0.17-0.06-0.180.20.94-0.13-0.07-0.260.060.630.480.33-0.07-0.110.490.5-0.120.480.05-0.36-0.12
0.76-0.330.870.610.730.790.65-0.090.170.720.560.470.06-0.22-0.27-0.190.71-0.530.39-0.460.80.52-0.150.610.83
-0.350.21-0.17-0.39-0.31-0.26-0.350.540.59-0.31-0.33-0.460.63-0.220.910.15-0.270.370.020.69-0.33-0.040.39-0.82-0.33
-0.260.19-0.19-0.3-0.22-0.17-0.240.50.43-0.22-0.26-0.260.48-0.270.910.14-0.190.54-0.060.59-0.24-0.160.33-0.88-0.23
0.03-0.39-0.240.150.080.080.120.260.00.130.22-0.210.33-0.190.150.140.18-0.04-0.130.36-0.01-0.330.42-0.06-0.12
0.92-0.780.610.930.940.980.930.08-0.10.980.90.5-0.070.71-0.27-0.190.18-0.520.11-0.170.90.050.310.60.84
-0.60.41-0.57-0.6-0.57-0.51-0.54-0.13-0.12-0.55-0.39-0.26-0.11-0.530.370.54-0.04-0.52-0.490.16-0.59-0.46-0.13-0.73-0.53
0.170.070.490.080.080.170.06-0.190.580.090.080.120.490.390.02-0.06-0.130.11-0.490.050.190.93-0.280.150.23
-0.43-0.25-0.53-0.28-0.37-0.27-0.330.460.37-0.280.01-0.740.5-0.460.690.590.36-0.170.160.05-0.47-0.180.59-0.61-0.56
1.0-0.450.850.930.980.940.960.02-0.090.950.650.77-0.120.8-0.33-0.24-0.010.9-0.590.19-0.470.220.150.660.98
0.170.210.60.010.060.160.02-0.310.640.050.00.210.480.52-0.04-0.16-0.330.05-0.460.93-0.180.22-0.490.230.29
0.2-0.42-0.120.370.290.190.340.57-0.120.310.24-0.220.05-0.150.390.330.420.31-0.13-0.280.590.15-0.49-0.13-0.01
0.67-0.420.550.680.640.60.64-0.34-0.320.640.550.5-0.360.61-0.82-0.88-0.060.6-0.730.15-0.610.660.23-0.130.63
0.97-0.340.890.860.940.910.9-0.05-0.050.90.580.82-0.120.83-0.33-0.23-0.120.84-0.530.23-0.560.980.29-0.010.63
Click cells to compare fundamentals

Public Service Account Relationship Matchups

Public Service fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.7B50.1B49.0B48.7B50.7B46.9B
Other Current Liab1.2B1.4B1.5B1.6B1.4B1.1B
Total Current Liabilities5.0B5.5B7.1B6.7B5.1B5.1B
Total Stockholder Equity15.1B16.0B14.4B13.7B15.5B15.0B
Property Plant And Equipment Net36.1B37.8B34.6B36.1B38.2B33.9B
Net Debt16.3B17.0B18.8B20.0B20.4B14.5B
Retained Earnings11.4B12.3B10.6B10.6B12.0B10.8B
Accounts Payable1.4B1.3B1.3B1.3B1.2B1.1B
Cash147M543M846M492M54M51.3M
Non Current Assets Total44.5B46.4B42.7B44.4B47.4B42.0B
Non Currrent Assets Other4.0B4.2B3.9B4.7B8.9B9.4B
Other Assets7.5B8.0B7.7B7.7B8.9B7.6B
Cash And Short Term Investments260M603M846M492M54M51.3M
Net Receivables1.6B1.7B2.1B2.3B1.7B1.9B
Short Term Investments11M113M60M23M26.5M25.1M
Non Current Liabilities Total27.6B28.5B27.5B28.3B30.2B25.8B
Inventory897M878M744M960M1.0B745.6M
Other Current Assets753M635M570M2.6B612M923.4M
Other Stockholder Equity(831M)(861M)(896M)(1.4B)(1.4B)(1.4B)
Total Liab32.6B34.1B34.6B35.0B35.3B31.9B
Total Current Assets3.2B3.6B6.3B4.3B3.4B4.2B
Intangible Assets149M158M20M14M16.1M15.3M
Common Stock5.0B5.0B5.0B5.1B5.0B5.5B
Short Long Term Debt Total16.5B17.5B19.7B20.5B20.4B16.3B
Liabilities And Stockholders Equity47.7B50.1B49.0B48.7B50.7B48.0B
Accumulated Other Comprehensive Income(489M)(504M)(350M)(550M)(179M)(188.0M)
Short Term Debt2.5B2.8B4.3B3.8B2.5B2.3B
Long Term Debt12.1B13.2B13.7B14.5B16.7B14.2B
Treasury Stock(763M)(808M)(831M)(861M)(774.9M)(813.6M)
Property Plant Equipment36.1B37.8B34.6B36.1B41.5B37.7B
Other Liab13.6B13.8B12.1B11.6B10.5B10.2B
Net Tangible Assets14.9B15.8B14.4B13.7B15.8B15.9B
Deferred Long Term Liab3.7B3.9B3.6B4.4B5.1B4.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Public Stock Analysis

When running Public Service's price analysis, check to measure Public Service'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 Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.