Prudential Total Current Assets vs Cash And Short Term Investments Analysis
PFH Stock | USD 19.72 0.38 1.96% |
Prudential Financial financial indicator trend analysis is much more than just breaking down Prudential Financial 4125 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential Financial 4125 is a good investment. Please check the relationship between Prudential Financial Total Current Assets and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial 4125. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Prudential Stock please use our How to Invest in Prudential Financial guide.
Total Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Financial 4125 Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Prudential Financial's Total Current Assets and Cash And Short Term Investments is 0.26. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Prudential Financial 4125, assuming nothing else is changed. The correlation between historical values of Prudential Financial's Total Current Assets and Cash And Short Term Investments 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 Current Assets of Prudential Financial 4125 are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Prudential Financial's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Prudential Financial 4125 balance sheet. This account contains Prudential Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Prudential Financial 4125 fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Prudential Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential Financial 4125 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial 4125. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Prudential Stock please use our How to Invest in Prudential Financial guide.The Prudential Financial's current Enterprise Value is estimated to increase to about 22.2 B, while Selling General Administrative is projected to decrease to under 11.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 21.9B | 60.1B | 54.0B | 49.1B | Total Revenue | 70.9B | 56.9B | 54.0B | 51.3B |
Prudential Financial fundamental ratios Correlations
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Prudential Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prudential Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 896.6B | 940.7B | 937.6B | 689.0B | 721.1B | 679.0B | |
Short Long Term Debt Total | 21.9B | 32.4B | 30.2B | 28.0B | 20.3B | 25.4B | |
Other Current Liab | (1.9B) | 3.5B | 4.3B | 6.1B | 13.1B | 12.5B | |
Total Current Liabilities | 1.9B | 27.5B | 24.8B | 13.7B | 13.3B | 12.6B | |
Total Stockholder Equity | 63.1B | 67.4B | 61.9B | 30.6B | 27.8B | 39.1B | |
Net Debt | 5.5B | 18.5B | 17.3B | 10.7B | 837M | 795.2M | |
Retained Earnings | 33.0B | 30.7B | 36.7B | 31.7B | 32.4B | 19.1B | |
Accounts Payable | 11.4B | 12.0B | 9.5B | 5.7B | 15.7B | 9.7B | |
Cash | 16.3B | 13.9B | 12.9B | 17.3B | 19.4B | 14.9B | |
Non Current Assets Total | 411.0B | 903.7B | 906.7B | 664.1B | 674.3B | 390.7B | |
Non Currrent Assets Other | (411.0B) | 45.5B | 185.9B | 618.0B | 630.4B | 661.9B | |
Other Assets | 72.7B | 70.5B | 146.9B | 270.4B | 27.4B | 26.0B | |
Cash And Short Term Investments | 412.9B | 13.7B | 12.9B | 17.3B | 19.4B | 18.4B | |
Common Stock Shares Outstanding | 410.9M | 395.8M | 390.1M | 372.3M | 364.6M | 369.7M | |
Short Term Investments | 396.6B | 20.0B | 15.1B | 4.6B | 23.1B | 22.0B | |
Liabilities And Stockholders Equity | 896.6B | 940.7B | 937.6B | 689.0B | 50.0B | 47.5B | |
Non Current Liabilities Total | 19.9B | 845.0B | 850.2B | 643.4B | 678.1B | 712.0B | |
Other Stockholder Equity | 6.1B | 5.9B | 3.9B | 2.7B | 2.0B | 1.9B | |
Total Liab | 832.8B | 872.5B | 875.0B | 657.1B | 691.3B | 639.4B | |
Total Current Assets | 412.9B | 37.1B | 30.9B | 24.9B | 19.4B | 30.3B | |
Accumulated Other Comprehensive Income | 24.0B | 30.7B | 21.3B | (3.8B) | (6.5B) | (6.2B) | |
Short Term Debt | 1.9B | 12.0B | 11.0B | 7.4B | 25M | 23.8M | |
Other Current Assets | 38.1B | 37.1B | 30.9B | 24.9B | 46.8B | 49.2B | |
Net Tangible Assets | 63.1B | 67.4B | 61.9B | 16.3B | 18.7B | 17.8B | |
Noncontrolling Interest In Consolidated Entity | 604M | 785M | 732M | 958M | 1.1B | 592.4M | |
Long Term Debt | 19.9B | 19.7B | 18.6B | 19.9B | 17.9B | 16.1B | |
Retained Earnings Total Equity | 33.0B | 30.7B | 36.7B | 33.4B | 38.4B | 27.9B | |
Long Term Debt Total | 19.9B | 19.7B | 18.6B | 19.9B | 17.9B | 16.1B | |
Capital Surpluse | 25.5B | 25.6B | 25.7B | 25.7B | 29.6B | 27.5B | |
Long Term Investments | 526.1B | 556.8B | 495.1B | 420.5B | 483.5B | 505.5B | |
Treasury Stock | (19.5B) | (19.7B) | (21.8B) | (23.1B) | (20.8B) | (21.8B) | |
Non Current Liabilities Other | 800.9B | 839.5B | 846.8B | 652.8B | 750.7B | 806.5B | |
Intangible Assets | 1.1B | 20.7B | 19.0B | 21.2B | 21.4B | 22.5B |
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When determining whether Prudential Financial 4125 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prudential Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prudential Financial 4125 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prudential Financial 4125 Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial 4125. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Prudential Stock please use our How to Invest in Prudential Financial guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Diversified Metals & Mining 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 Prudential Financial. If investors know Prudential 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 Prudential Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.1177 |
The market value of Prudential Financial 4125 is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Financial's value that differs from its market value or its book value, called intrinsic value, which is Prudential Financial's 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 Prudential Financial's market value can be influenced by many factors that don't directly affect Prudential Financial's 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 Prudential Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Financial's 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.