Peoples Cash vs Non Current Assets Total Analysis

601319 Stock   7.68  0.23  3.09%   
Peoples Insurance financial indicator trend analysis is much more than just breaking down Peoples Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peoples Insurance is a good investment. Please check the relationship between Peoples Insurance Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Peoples Insurance of. 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.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peoples Insurance Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Peoples Insurance's Cash and Non Current Assets Total is 0.43. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Peoples Insurance of, assuming nothing else is changed. The correlation between historical values of Peoples Insurance's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Peoples Insurance of are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Peoples Insurance's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Peoples Insurance, which is listed under current asset account on Peoples Insurance of balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Peoples Insurance customers. The amounts must be unrestricted with restricted cash listed in a different Peoples Insurance account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Peoples Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peoples Insurance 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 Peoples Insurance of. 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.
At present, Peoples Insurance's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.7 B, whereas Issuance Of Capital Stock is forecasted to decline to about 1.7 B.
 2023 2024 (projected)
Gross Profit138.2B111.0B
Total Revenue501.8B556.8B

Peoples Insurance fundamental ratios Correlations

0.980.990.990.940.990.98-0.06-0.860.950.230.960.920.960.81.00.81-0.750.96-0.750.80.780.97-0.45-0.45-0.45
0.980.990.980.910.980.97-0.1-0.810.950.320.940.890.980.70.970.77-0.80.98-0.80.80.830.95-0.44-0.44-0.44
0.990.990.970.950.980.96-0.11-0.810.970.260.970.880.980.740.980.83-0.760.97-0.760.80.830.96-0.43-0.43-0.43
0.990.980.970.911.00.99-0.04-0.880.910.290.940.940.940.810.980.78-0.760.97-0.760.790.780.98-0.43-0.43-0.43
0.940.910.950.910.920.87-0.18-0.780.95-0.020.970.820.910.790.950.93-0.580.87-0.580.770.80.91-0.44-0.44-0.44
0.990.980.981.00.920.99-0.05-0.870.920.280.960.920.950.790.980.81-0.750.97-0.750.780.790.99-0.4-0.4-0.4
0.980.970.960.990.870.990.02-0.860.90.380.910.920.940.750.970.71-0.820.97-0.820.760.740.96-0.39-0.39-0.39
-0.06-0.1-0.11-0.04-0.18-0.050.020.03-0.150.5-0.08-0.15-0.12-0.17-0.06-0.37-0.16-0.11-0.16-0.61-0.63-0.050.810.810.81
-0.86-0.81-0.81-0.88-0.78-0.87-0.860.03-0.76-0.08-0.77-0.93-0.79-0.88-0.85-0.720.53-0.840.53-0.7-0.63-0.890.430.430.43
0.950.950.970.910.950.920.9-0.15-0.760.20.930.790.980.650.950.82-0.750.93-0.750.780.80.89-0.44-0.44-0.44
0.230.320.260.29-0.020.280.380.5-0.080.20.130.140.3-0.180.22-0.26-0.70.36-0.7-0.05-0.030.230.280.280.28
0.960.940.970.940.970.960.91-0.08-0.770.930.130.860.910.80.960.87-0.650.91-0.650.740.780.95-0.37-0.37-0.37
0.920.890.880.940.820.920.92-0.15-0.930.790.140.860.830.90.910.73-0.640.91-0.640.840.770.94-0.57-0.57-0.57
0.960.980.980.940.910.950.94-0.12-0.790.980.30.910.830.640.960.78-0.790.97-0.790.790.810.9-0.44-0.44-0.44
0.80.70.740.810.790.790.75-0.17-0.880.65-0.180.80.90.640.790.8-0.310.71-0.310.720.650.86-0.51-0.51-0.51
1.00.970.980.980.950.980.97-0.06-0.850.950.220.960.910.960.790.81-0.750.95-0.750.80.780.96-0.46-0.46-0.46
0.810.770.830.780.930.810.71-0.37-0.720.82-0.260.870.730.780.80.81-0.290.73-0.290.760.820.82-0.49-0.49-0.49
-0.75-0.8-0.76-0.76-0.58-0.75-0.82-0.160.53-0.75-0.7-0.65-0.64-0.79-0.31-0.75-0.29-0.831.0-0.53-0.51-0.680.220.220.22
0.960.980.970.970.870.970.97-0.11-0.840.930.360.910.910.970.710.950.73-0.83-0.830.810.820.95-0.46-0.46-0.46
-0.75-0.8-0.76-0.76-0.58-0.75-0.82-0.160.53-0.75-0.7-0.65-0.64-0.79-0.31-0.75-0.291.0-0.83-0.53-0.51-0.680.220.220.22
0.80.80.80.790.770.780.76-0.61-0.70.78-0.050.740.840.790.720.80.76-0.530.81-0.530.960.76-0.88-0.88-0.88
0.780.830.830.780.80.790.74-0.63-0.630.8-0.030.780.770.810.650.780.82-0.510.82-0.510.960.77-0.78-0.78-0.78
0.970.950.960.980.910.990.96-0.05-0.890.890.230.950.940.90.860.960.82-0.680.95-0.680.760.77-0.39-0.39-0.39
-0.45-0.44-0.43-0.43-0.44-0.4-0.390.810.43-0.440.28-0.37-0.57-0.44-0.51-0.46-0.490.22-0.460.22-0.88-0.78-0.391.01.0
-0.45-0.44-0.43-0.43-0.44-0.4-0.390.810.43-0.440.28-0.37-0.57-0.44-0.51-0.46-0.490.22-0.460.22-0.88-0.78-0.391.01.0
-0.45-0.44-0.43-0.43-0.44-0.4-0.390.810.43-0.440.28-0.37-0.57-0.44-0.51-0.46-0.490.22-0.460.22-0.88-0.78-0.391.01.0
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Peoples Insurance Account Relationship Matchups

Peoples Insurance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.3T1.4T1.5T1.6T1.3T
Other Current Liab189.0B189.1B200.8B218.9B251.8B191.0B
Total Current Liabilities478.1B522.2B544.8B631.8B726.6B510.5B
Total Stockholder Equity183.5B202.5B219.3B221.8B242.4B195.8B
Other Liab357.0B400.9B488.7B530.9B610.6B429.8B
Net Tangible Assets180.7B199.4B215.6B218.1B250.8B184.3B
Retained Earnings118.7B132.0B147.4B144.2B153.6B124.6B
Accounts Payable196.4B209.8B225.8B265.8B8.0B7.6B
Cash23.9B23.1B21.8B21.4B21.9B22.6B
Other Assets33.6B38.6B42.0B51.7B59.5B40.8B
Long Term Debt48.8B57.0B43.8B43.9B38.0B37.5B
Net Receivables40.7B55.1B61.2B79.9B91.8B47.4B
Short Term Investments43.3B23.1B699.4B756.0B869.4B912.8B
Other Current Assets72.8B76.4B81.2B94.2B108.3B79.7B
Other Stockholder Equity(15.2B)(3.4B)2.3B3.7B4.2B4.4B
Total Liab885.9B982.5B1.1T1.2T1.2T1.0T
Long Term Investments601.4B718.8B892.5B940.5B1.3T811.4B
Total Current Assets218.6B227.6B215.9B233.0B267.9B220.0B
Intangible Assets2.7B3.1B3.5B3.5B8.3B8.7B
Property Plant Equipment34.0B41.1B41.3B41.2B47.4B35.1B
Net Debt24.8B34.4B22.0B22.5B16.1B18.2B
Net Invested Capital232.2B259.4B263.1B265.7B280.3B267.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Peoples Stock

Balance Sheet is a snapshot of the financial position of Peoples Insurance at a specified time, usually calculated after every quarter, six months, or one year. Peoples Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Peoples Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Peoples currently owns. An asset can also be divided into two categories, current and non-current.