Peoples Total Stockholder Equity vs Net Tangible Assets Analysis

601319 Stock   6.84  0.01  0.15%   
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 Total Stockholder Equity and its Net Tangible Assets 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.

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peoples Insurance Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Peoples Insurance's Total Stockholder Equity and Net Tangible Assets is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets 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 Total Stockholder Equity and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Peoples Insurance of are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Peoples Insurance's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 decrease 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.
 2024 2025 (projected)
Gross Profit138.2B111.0B
Total Revenue577.0B556.8B

Peoples Insurance fundamental ratios Correlations

0.980.990.990.970.980.98-0.32-0.860.970.010.980.90.970.81.00.88-0.720.96-0.720.830.80.96-0.41-0.41-0.41
0.980.990.990.920.990.99-0.24-0.850.950.170.940.90.980.730.980.79-0.810.98-0.810.80.790.95-0.38-0.38-0.38
0.990.990.990.950.980.98-0.26-0.850.970.090.970.890.980.760.990.84-0.770.97-0.770.80.780.96-0.37-0.37-0.37
0.990.990.990.950.990.99-0.29-0.890.940.070.970.920.960.810.990.85-0.740.97-0.740.820.790.98-0.39-0.39-0.39
0.970.920.950.950.930.92-0.33-0.830.96-0.160.970.830.920.810.980.92-0.60.88-0.60.790.750.92-0.37-0.37-0.37
0.980.990.980.990.931.0-0.2-0.890.930.130.960.930.950.810.970.8-0.760.97-0.760.780.760.99-0.35-0.35-0.35
0.980.990.980.990.921.0-0.22-0.880.940.170.940.920.970.770.970.79-0.80.98-0.80.790.760.97-0.36-0.36-0.36
-0.32-0.24-0.26-0.29-0.33-0.2-0.220.2-0.30.56-0.26-0.26-0.27-0.29-0.32-0.57-0.03-0.23-0.03-0.73-0.57-0.190.660.660.66
-0.86-0.85-0.85-0.89-0.83-0.89-0.880.2-0.810.04-0.82-0.94-0.83-0.89-0.86-0.730.56-0.870.56-0.73-0.66-0.910.40.40.4
0.970.950.970.940.960.930.94-0.3-0.810.040.940.810.980.690.980.84-0.750.94-0.750.790.750.9-0.37-0.37-0.37
0.010.170.090.07-0.160.130.170.560.040.04-0.020.040.14-0.260.0-0.39-0.590.21-0.59-0.21-0.130.090.30.30.3
0.980.940.970.970.970.960.94-0.26-0.820.94-0.020.860.920.820.980.88-0.670.91-0.670.770.720.95-0.3-0.3-0.3
0.90.90.890.920.830.930.92-0.26-0.940.810.040.860.850.910.890.71-0.660.92-0.660.820.750.94-0.52-0.52-0.52
0.970.980.980.960.920.950.97-0.27-0.830.980.140.920.850.670.970.8-0.80.97-0.80.80.770.91-0.38-0.38-0.38
0.80.730.760.810.810.810.77-0.29-0.890.69-0.260.820.910.670.790.76-0.350.73-0.350.730.630.87-0.46-0.46-0.46
1.00.980.990.990.980.970.97-0.32-0.860.980.00.980.890.970.790.88-0.720.95-0.720.830.80.96-0.41-0.41-0.41
0.880.790.840.850.920.80.79-0.57-0.730.84-0.390.880.710.80.760.88-0.350.74-0.350.80.740.81-0.37-0.37-0.37
-0.72-0.81-0.77-0.74-0.6-0.76-0.8-0.030.56-0.75-0.59-0.67-0.66-0.8-0.35-0.72-0.35-0.831.0-0.52-0.5-0.70.20.20.2
0.960.980.970.970.880.970.98-0.23-0.870.940.210.910.920.970.730.950.74-0.83-0.830.80.790.95-0.41-0.41-0.41
-0.72-0.81-0.77-0.74-0.6-0.76-0.8-0.030.56-0.75-0.59-0.67-0.66-0.8-0.35-0.72-0.351.0-0.83-0.52-0.5-0.70.20.20.2
0.830.80.80.820.790.780.79-0.73-0.730.79-0.210.770.820.80.730.830.8-0.520.8-0.520.880.76-0.77-0.77-0.77
0.80.790.780.790.750.760.76-0.57-0.660.75-0.130.720.750.770.630.80.74-0.50.79-0.50.880.74-0.77-0.77-0.77
0.960.950.960.980.920.990.97-0.19-0.910.90.090.950.940.910.870.960.81-0.70.95-0.70.760.74-0.34-0.34-0.34
-0.41-0.38-0.37-0.39-0.37-0.35-0.360.660.4-0.370.3-0.3-0.52-0.38-0.46-0.41-0.370.2-0.410.2-0.77-0.77-0.341.01.0
-0.41-0.38-0.37-0.39-0.37-0.35-0.360.660.4-0.370.3-0.3-0.52-0.38-0.46-0.41-0.370.2-0.410.2-0.77-0.77-0.341.01.0
-0.41-0.38-0.37-0.39-0.37-0.35-0.360.660.4-0.370.3-0.3-0.52-0.38-0.46-0.41-0.370.2-0.410.2-0.77-0.77-0.341.01.0
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Peoples Insurance Account Relationship Matchups

Peoples Insurance fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3T1.4T1.5T1.6T1.8T1.3T
Other Current Liab189.0B189.1B200.8B218.9B251.8B191.0B
Total Current Liabilities478.1B522.2B544.8B631.8B726.6B510.5B
Total Stockholder Equity202.5B219.3B221.8B242.4B278.7B195.8B
Other Liab357.0B400.9B488.7B530.9B610.6B429.8B
Net Tangible Assets180.7B199.4B215.6B218.1B250.8B184.3B
Retained Earnings132.0B147.4B144.2B153.6B176.6B124.6B
Accounts Payable209.8B225.8B265.8B8.0B7.2B6.8B
Cash23.1B21.8B21.4B21.9B19.7B22.6B
Other Assets33.6B38.6B42.0B51.7B59.5B40.8B
Long Term Debt57.0B43.8B43.9B38.0B34.2B37.5B
Net Receivables40.7B55.1B61.2B79.9B91.8B47.4B
Other Current Assets72.8B76.4B81.2B94.2B108.3B79.7B
Other Stockholder Equity(15.2B)(3.4B)2.3B3.7B4.2B4.4B
Total Liab982.5B1.1T1.2T1.2T1.4T1.0T
Long Term Investments718.8B892.5B940.5B1.3T1.5T811.4B
Total Current Assets218.6B227.6B215.9B233.0B267.9B220.0B
Intangible Assets3.1B3.5B3.5B8.3B9.5B10.0B
Property Plant Equipment34.0B41.1B41.3B41.2B47.4B35.1B
Net Debt34.4B22.0B22.5B16.1B14.5B18.2B
Net Invested Capital259.4B263.1B265.7B280.3B322.4B267.0B
Property Plant And Equipment Net41.1B41.3B41.2B34.8B40.1B42.4B
Capital Lease Obligations2.8B3.0B2.3B2.3B2.0B2.1B
Property Plant And Equipment Gross65.7B67.9B69.9B62.3B71.6B70.1B

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.