Provident Capital Expenditures vs Other Non Cash Items Analysis

PFS Stock

USD 19.06 0.42 2.25%

Provident Financial financial indicator trend analysis is much more than just breaking down Provident Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Financial is a good investment. Please check the relationship between Provident Financial Capital Expenditures and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Services. 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.

Capital Expenditures vs Other Non Cash Items

Capital Expenditures vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Financial Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Provident Financial's Capital Expenditures and Other Non Cash Items is -0.45. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Provident Financial Services, assuming nothing else is changed. The correlation between historical values of Provident Financial's Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Provident Financial Services are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Provident Financial's Capital Expenditures and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Provident Financial to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Provident Financial operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Other Non Cash Items

Most indicators from Provident Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Provident Financial 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 Provident Financial Services. 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.

At this time, Provident Financial's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 104.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	414.2M	462.3M	404.0M	265.5M
Total Revenue	452.8M	505.3M	451.4M	296.6M

Gross Profit Total Revenue

Provident Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Short Term Investments	Inventory	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.98	0.67	0.95	0.82	0.65	0.51	0.42	0.85	0.46	-0.53	0.23	-0.36	0.61	0.34	0.48	0.13	0.86	-0.3	0.54	0.92	0.82	0.46	0.91	0.65	-0.16
Total Stockholder Equity	0.98		0.65	0.91	0.8	0.62	0.6	0.5	0.92	0.47	-0.5	0.19	-0.2	0.59	0.43	0.48	0.21	0.86	-0.24	0.55	0.84	0.74	0.38	0.96	0.56	-0.06
Other Liab	0.67	0.65		0.52	0.55	0.93	0.12	-0.04	0.46	0.42	-0.85	-0.44	-0.44	0.31	0.05	0.31	-0.37	0.5	-0.18	0.58	0.57	0.57	-0.05	0.6	0.29	-0.23
Retained Earnings	0.95	0.91	0.52		0.81	0.53	0.34	0.34	0.73	0.35	-0.44	0.28	-0.43	0.45	0.26	0.27	0.1	0.74	-0.44	0.42	0.94	0.89	0.57	0.78	0.67	-0.32
Accounts Payable	0.82	0.8	0.55	0.81		0.57	0.33	0.18	0.67	0.12	-0.34	0.18	-0.61	0.51	0.11	0.39	-0.01	0.78	-0.52	0.24	0.83	0.86	0.74	0.78	0.87	-0.46
Cash	0.65	0.62	0.93	0.53	0.57		0.0	-0.17	0.38	0.52	-0.91	-0.5	-0.48	0.23	-0.05	0.25	-0.51	0.55	-0.25	0.68	0.52	0.66	-0.06	0.53	0.4	-0.26
Other Assets	0.51	0.6	0.12	0.34	0.33	0.0		0.86	0.82	0.23	0.18	0.59	0.41	0.64	0.64	0.58	0.75	0.58	0.19	0.19	0.32	0.07	0.16	0.74	0.16	0.61
Long Term Debt	0.42	0.5	-0.04	0.34	0.18	-0.17	0.86		0.69	0.18	0.27	0.62	0.48	0.58	0.87	0.53	0.93	0.32	0.23	0.11	0.25	0.07	0.17	0.59	0.02	0.58
Good Will	0.85	0.92	0.46	0.73	0.67	0.38	0.82	0.69		0.38	-0.23	0.35	0.09	0.69	0.54	0.59	0.47	0.85	-0.03	0.41	0.67	0.47	0.33	0.97	0.45	0.18
Short Term Investments	0.46	0.47	0.42	0.35	0.12	0.52	0.23	0.18	0.38		-0.64	-0.1	0.11	0.23	0.3	0.38	-0.06	0.48	0.37	0.98	0.2	0.26	-0.25	0.45	0.11	0.33
Inventory	-0.53	-0.5	-0.85	-0.44	-0.34	-0.91	0.18	0.27	-0.23	-0.64		0.6	0.39	-0.08	0.07	-0.17	0.58	-0.42	0.11	-0.77	-0.4	-0.52	0.22	-0.38	-0.22	0.25
Total Liab	0.23	0.19	-0.44	0.28	0.18	-0.5	0.59	0.62	0.35	-0.1	0.6		0.1	0.44	0.35	0.28	0.72	0.27	0.0	-0.21	0.33	0.1	0.57	0.24	0.31	0.29
Intangible Assets	-0.36	-0.2	-0.44	-0.43	-0.61	-0.48	0.41	0.48	0.09	0.11	0.39	0.1		-0.08	0.44	0.02	0.57	-0.23	0.57	-0.03	-0.59	-0.7	-0.58	-0.08	-0.68	0.81
Property Plant Equipment	0.61	0.59	0.31	0.45	0.51	0.23	0.64	0.58	0.69	0.23	-0.08	0.44	-0.08		0.51	0.93	0.43	0.66	0.23	0.24	0.51	0.38	0.36	0.68	0.56	0.15
Short Long Term Debt Total	0.34	0.43	0.05	0.26	0.11	-0.05	0.64	0.87	0.54	0.3	0.07	0.35	0.44	0.51		0.58	0.78	0.2	0.35	0.24	0.13	0.1	0.03	0.5	-0.02	0.52
Property Plant And Equipment Net	0.48	0.48	0.31	0.27	0.39	0.25	0.58	0.53	0.59	0.38	-0.17	0.28	0.02	0.93	0.58		0.38	0.58	0.38	0.37	0.3	0.25	0.2	0.61	0.46	0.28
Net Debt	0.13	0.21	-0.37	0.1	-0.01	-0.51	0.75	0.93	0.47	-0.06	0.58	0.72	0.57	0.43	0.78	0.38		0.09	0.26	-0.19	0.03	-0.17	0.21	0.33	-0.09	0.57
Non Current Assets Total	0.86	0.86	0.5	0.74	0.78	0.55	0.58	0.32	0.85	0.48	-0.42	0.27	-0.23	0.66	0.2	0.58	0.09		-0.14	0.54	0.73	0.63	0.43	0.88	0.73	-0.02
Non Currrent Assets Other	-0.3	-0.24	-0.18	-0.44	-0.52	-0.25	0.19	0.23	-0.03	0.37	0.11	0.0	0.57	0.23	0.35	0.38	0.26	-0.14		0.25	-0.47	-0.57	-0.51	-0.12	-0.4	0.58
Cash And Short Term Investments	0.54	0.55	0.58	0.42	0.24	0.68	0.19	0.11	0.41	0.98	-0.77	-0.21	-0.03	0.24	0.24	0.37	-0.19	0.54	0.25		0.3	0.38	-0.23	0.5	0.19	0.21
Net Receivables	0.92	0.84	0.57	0.94	0.83	0.52	0.32	0.25	0.67	0.2	-0.4	0.33	-0.59	0.51	0.13	0.3	0.03	0.73	-0.47	0.3		0.86	0.64	0.73	0.71	-0.41
Common Stock Shares Outstanding	0.82	0.74	0.57	0.89	0.86	0.66	0.07	0.07	0.47	0.26	-0.52	0.1	-0.7	0.38	0.1	0.25	-0.17	0.63	-0.57	0.38	0.86		0.61	0.59	0.8	-0.5
Non Current Liabilities Total	0.46	0.38	-0.05	0.57	0.74	-0.06	0.16	0.17	0.33	-0.25	0.22	0.57	-0.58	0.36	0.03	0.2	0.21	0.43	-0.51	-0.23	0.64	0.61		0.37	0.8	-0.52
Other Stockholder Equity	0.91	0.96	0.6	0.78	0.78	0.53	0.74	0.59	0.97	0.45	-0.38	0.24	-0.08	0.68	0.5	0.61	0.33	0.88	-0.12	0.5	0.73	0.59	0.37		0.54	0.07
Property Plant And Equipment Gross	0.65	0.56	0.29	0.67	0.87	0.4	0.16	0.02	0.45	0.11	-0.22	0.31	-0.68	0.56	-0.02	0.46	-0.09	0.73	-0.4	0.19	0.71	0.8	0.8	0.54		-0.47
Total Current Assets	-0.16	-0.06	-0.23	-0.32	-0.46	-0.26	0.61	0.58	0.18	0.33	0.25	0.29	0.81	0.15	0.52	0.28	0.57	-0.02	0.58	0.21	-0.41	-0.5	-0.52	0.07	-0.47

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Provident Financial Account Relationship Matchups

Provident Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.8B	12.9B	13.8B	13.8B	14.2B	8.8B
Total Stockholder Equity	1.4B	1.6B	1.7B	1.6B	1.7B	1.2B
Other Liab	84.8M	261.0M	213.0M	89.1M	102.4M	82.2M
Retained Earnings	695.3M	718.1M	814.5M	918.2M	974.5M	548.3M
Accounts Payable	7.1B	9.8B	11.2B	10.6B	12.1B	12.8B
Cash	186.7M	532.4M	712.5M	186.5M	180.2M	172.6M
Other Assets	6.7B	9.1B	7.9B	9.0B	11.4B	8.8B
Long Term Debt	1.1B	1.2B	637.1M	1.3B	1.5B	1.0B
Good Will	420.6M	443.0M	444.4M	443.6M	510.2M	380.1M
Short Term Investments	976.9M	1.1B	2.1B	1.8B	14K	13.3K
Inventory	(235.4M)	(602.7M)	(789.1M)	(263.9M)	121.3M	127.3M
Total Liab	1.1B	1.2B	637.1M	12.2B	12.5B	6.3B
Intangible Assets	437.0M	23.2M	19.8M	17.3M	14.3M	13.6M
Property Plant Equipment	55.2M	75.9M	80.6M	79.8M	91.8M	73.7M
Short Long Term Debt Total	2.0B	2.1B	1.1B	2.2B	1.5B	1.6B
Property Plant And Equipment Net	55.2M	75.9M	80.6M	79.8M	71.0M	75.2M
Net Debt	938.4M	668.8M	(75.4M)	1.2B	1.3B	995.8M
Non Current Assets Total	1.9B	2.1B	3.0B	2.7B	2.6B	2.2B
Non Currrent Assets Other	(35.6M)	(51.7M)	(55.6M)	(126.7M)	(2.6B)	(2.5B)
Cash And Short Term Investments	1.2B	1.6B	2.8B	2.0B	180.3M	171.2M
Net Receivables	29.0M	46.5M	42.0M	51.9M	59.0M	31.3M
Common Stock Shares Outstanding	64.7M	69.6M	76.6M	74.8M	74.9M	69.3M
Liabilities And Stockholders Equity	9.8B	12.9B	13.8B	13.8B	14.2B	9.0B
Non Current Liabilities Total	1.1B	1.2B	637.1M	12.2B	12.5B	13.1B
Other Stockholder Equity	713.9M	883.2M	874.9M	843.8M	861.2M	740.4M
Property Plant And Equipment Gross	55.2M	75.9M	196.6M	196.1M	192.9M	202.5M
Total Current Assets	1.2B	1.7B	2.8B	2.0B	239.2M	227.3M
Accumulated Other Comprehensive Income	3.8M	17.7M	6.9M	(165.0M)	(146.0M)	(138.7M)
Other Current Assets	235.4M	602.7M	789.1M	263.9M	250.9M	238.3M
Total Current Liabilities	6.2B	8.3B	9.5B	9.8B	8.0B	6.6B
Treasury Stock	(268.5M)	(59.0M)	(79.6M)	(127.2M)	(146.2M)	(153.5M)
Short Term Debt	856.2M	886.6M	443.0M	881.9M	1.1B	740.4M
Other Current Liab	5.4B	7.4B	9.1B	9.0B	6.9B	6.7B
Net Tangible Assets	976.8M	1.2B	1.2B	1.1B	1.3B	938.8M
Retained Earnings Total Equity	695.3M	718.1M	814.5M	918.2M	1.1B	627.8M
Long Term Debt Total	1.1B	1.2B	637.1M	1.3B	1.6B	1.4B
Capital Surpluse	1.0B	962.5M	969.8M	981.1M	883.0M	802.5M
Long Term Investments	8.7B	11.3B	2.5B	2.2B	2.1B	2.0B

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