Power Retained Earnings vs Net Tangible Assets Analysis

601669 Stock   5.57  0.03  0.54%   
Power Construction financial indicator trend analysis is much more than just breaking down Power Construction Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Construction Corp is a good investment. Please check the relationship between Power Construction Retained Earnings and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Power Construction Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Construction Corp Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Power Construction's Retained Earnings and Net Tangible Assets is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Power Construction Corp, assuming nothing else is changed. The correlation between historical values of Power Construction's Retained Earnings 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 Retained Earnings of Power Construction Corp 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 Retained Earnings i.e., Power Construction's Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

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 Power Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Construction Corp 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 Power Construction Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 13, 2024, Selling General Administrative is expected to decline to about 4.2 B. In addition to that, Tax Provision is expected to decline to about 3.4 B
 2021 2022 2023 2024 (projected)
Operating Income27.0B30.2B36.8B38.7B
Total Revenue448.9B572.6B609.4B639.9B

Power Construction fundamental ratios Correlations

0.60.990.990.880.90.820.880.91.00.910.230.821.00.90.940.970.57-0.83-0.930.740.940.950.270.950.12
0.60.550.560.350.390.180.550.370.620.550.690.770.580.420.490.48-0.21-0.37-0.520.120.520.640.110.490.13
0.990.550.990.860.90.830.90.890.990.920.210.771.00.890.960.990.58-0.8-0.910.720.930.940.350.930.18
0.990.560.990.880.90.840.860.890.990.890.150.830.990.90.940.980.6-0.85-0.920.770.920.930.240.940.06
0.880.350.860.880.970.960.710.980.870.74-0.040.740.870.990.790.830.82-0.88-0.960.940.880.830.110.960.09
0.90.390.90.90.970.970.810.990.90.830.060.730.910.980.860.880.79-0.83-0.950.880.90.840.240.940.22
0.820.180.830.840.960.970.730.970.810.74-0.180.620.830.950.790.830.9-0.82-0.90.940.840.750.230.890.17
0.880.550.90.860.710.810.730.780.870.860.30.660.890.740.910.90.44-0.6-0.740.550.760.780.440.760.29
0.90.370.890.890.980.990.970.780.890.810.030.730.890.990.830.860.8-0.82-0.970.90.920.860.250.950.22
1.00.620.990.990.870.90.810.870.890.910.270.841.00.90.930.970.55-0.82-0.920.740.920.940.230.940.09
0.910.550.920.890.740.830.740.860.810.910.370.710.920.790.930.930.46-0.6-0.810.560.880.850.40.790.31
0.230.690.210.15-0.040.06-0.180.30.030.270.370.320.230.00.270.17-0.510.18-0.08-0.320.180.290.160.080.29
0.820.770.770.830.740.730.620.660.730.840.710.320.80.770.710.740.31-0.68-0.820.640.750.79-0.020.78-0.08
1.00.581.00.990.870.910.830.890.891.00.920.230.80.90.950.980.57-0.81-0.920.730.930.940.30.940.14
0.90.420.890.90.990.980.950.740.990.90.790.00.770.90.810.850.79-0.87-0.990.920.930.880.190.970.16
0.940.490.960.940.790.860.790.910.830.930.930.270.710.950.810.970.53-0.67-0.810.630.870.860.420.830.25
0.970.480.990.980.830.880.830.90.860.970.930.170.740.980.850.970.59-0.77-0.860.710.890.880.330.880.13
0.57-0.210.580.60.820.790.90.440.80.550.46-0.510.310.570.790.530.59-0.75-0.70.910.610.480.070.710.02
-0.83-0.37-0.8-0.85-0.88-0.83-0.82-0.6-0.82-0.82-0.60.18-0.68-0.81-0.87-0.67-0.77-0.750.87-0.88-0.75-0.740.09-0.90.18
-0.93-0.52-0.91-0.92-0.96-0.95-0.9-0.74-0.97-0.92-0.81-0.08-0.82-0.92-0.99-0.81-0.86-0.70.87-0.87-0.95-0.93-0.21-0.98-0.17
0.740.120.720.770.940.880.940.550.90.740.56-0.320.640.730.920.630.710.91-0.88-0.870.740.67-0.060.87-0.12
0.940.520.930.920.880.90.840.760.920.920.880.180.750.930.930.870.890.61-0.75-0.950.740.980.420.930.33
0.950.640.940.930.830.840.750.780.860.940.850.290.790.940.880.860.880.48-0.74-0.930.670.980.390.930.27
0.270.110.350.240.110.240.230.440.250.230.40.16-0.020.30.190.420.330.070.09-0.21-0.060.420.390.170.88
0.950.490.930.940.960.940.890.760.950.940.790.080.780.940.970.830.880.71-0.9-0.980.870.930.930.170.09
0.120.130.180.060.090.220.170.290.220.090.310.29-0.080.140.160.250.130.020.18-0.17-0.120.330.270.880.09
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Power Construction Account Relationship Matchups

Power Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets813.2B886.5B964.0B1.0T1.2T596.8B
Other Current Liab187.4B229.4B213.0B202.3B19.3B18.3B
Total Current Liabilities353.1B381.7B408.9B472.5B544.2B279.8B
Total Stockholder Equity107.5B118.0B125.0B151.9B160.6B80.5B
Other Liab20.1B24.2B23.6B26.2B30.1B31.6B
Retained Earnings44.6B50.7B56.6B63.0B69.3B72.8B
Accounts Payable120.5B131.1B147.4B220.6B254.0B266.7B
Cash70.0B82.4B70.1B101.0B97.5B65.3B
Other Assets126.3B122.1B133.5B157.1B180.6B189.7B
Long Term Debt253.9B256.7B284.9B299.3B322.8B173.6B
Net Receivables95.6B56.1B101.6B100.4B106.3B67.4B
Inventory156.4B122.7B125.8B17.0B16.9B16.1B
Other Current Assets48.6B43.5B36.2B52.5B25.3B25.4B
Total Liab619.8B662.6B723.8B799.7B894.1B468.0B
Intangible Assets181.8B201.5B228.0B267.8B267.7B281.1B
Property Plant Equipment117.3B114.8B127.6B154.2B177.3B95.6B
Short Term Investments13.9M82.1M206.0M300.0M577.5M606.4M
Good Will995.9M530.0M364.0M375.7M384.3M650.0M
Net Tangible Assets(76.0B)(84.0B)(103.4B)(116.3B)(104.7B)(99.5B)
Other Stockholder Equity21.0B24.6B24.2B35.8B41.2B43.3B
Deferred Long Term Liab1.3B1.1B1.3B1.4B1.6B1.1B
Short Long Term Debt14.6B15.6B5.1B23.7B32.6B20.1B
Total Current Assets370.6B416.3B424.5B415.7B457.7B395.8B
Non Current Assets Total442.5B470.3B539.5B624.3B696.1B501.5B
Non Currrent Assets Other5.3B64.4B68.5B86.8B98.1B103.0B
Non Current Liabilities Total267.0B280.9B315.0B327.2B350.0B287.6B
Non Current Liabilities Other6.1B7.9B16.7B14.5B7.1B10.4B
Net Debt190.2B189.9B219.9B222.0B257.9B215.9B
Net Invested Capital365.8B390.4B415.0B474.9B516.0B435.1B
Net Working Capital18.0B34.6B15.6B(56.8B)(86.4B)(82.1B)

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Other Information on Investing in Power Stock

Balance Sheet is a snapshot of the financial position of Power Construction Corp at a specified time, usually calculated after every quarter, six months, or one year. Power Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power Construction 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 Power currently owns. An asset can also be divided into two categories, current and non-current.