Parker Short Term Investments vs Long Term Debt Analysis

PH Stock

USD 700.25 6.43 0.93%

Parker Hannifin financial indicator trend analysis is much more than just breaking down Parker Hannifin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parker Hannifin is a good investment. Please check the relationship between Parker Hannifin Short Term Investments and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.

Short Term Investments vs Long Term Debt

Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parker Hannifin Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Parker Hannifin's Short Term Investments and Long Term Debt is -0.54. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Parker Hannifin, assuming nothing else is changed. The correlation between historical values of Parker Hannifin's Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Parker Hannifin are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Investments i.e., Parker Hannifin's Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Parker Hannifin balance sheet. It contains any investments Parker Hannifin undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Parker Hannifin can easily liquidate in the marketplace.

Long Term Debt

Long-term debt is a debt that Parker Hannifin has held for over one year. Long-term debt appears on Parker Hannifin balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Parker Hannifin balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Parker Hannifin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Parker Hannifin 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 Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.As of now, Parker Hannifin's Selling General Administrative is increasing as compared to previous years. The Parker Hannifin's current Enterprise Value is estimated to increase to about 70.4 B, while Tax Provision is projected to decrease to under 504.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	6.4B	7.1B	8.2B	8.6B
Total Revenue	19.1B	19.9B	22.9B	24.1B

Gross Profit Total Revenue

Parker Hannifin fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.96	0.9	0.96	0.97	0.97	0.95	0.98	-0.24	0.98	0.59	-0.31	0.93	-0.84	0.93	0.99	0.34	-0.83	0.99	0.73	0.88	0.94	0.96	0.94	0.57	0.57
Short Long Term Debt Total	0.96		0.86	0.9	0.87	0.88	0.99	0.92	-0.26	0.93	0.47	-0.36	0.85	-0.88	0.97	0.93	0.43	-0.87	0.99	0.72	0.83	0.9	0.87	0.9	0.45	0.45
Other Current Liab	0.9	0.86		0.87	0.86	0.83	0.84	0.87	-0.19	0.8	0.67	-0.23	0.91	-0.69	0.84	0.86	0.66	-0.74	0.89	0.91	0.73	0.73	0.89	0.85	0.62	0.63
Total Current Liabilities	0.96	0.9	0.87		0.96	0.94	0.9	0.92	-0.28	0.95	0.55	-0.35	0.88	-0.72	0.82	0.97	0.33	-0.68	0.93	0.68	0.97	0.95	0.93	0.98	0.49	0.5
Total Stockholder Equity	0.97	0.87	0.86	0.96		0.97	0.86	0.96	-0.24	0.96	0.6	-0.3	0.91	-0.75	0.82	0.98	0.26	-0.72	0.92	0.67	0.89	0.93	0.96	0.94	0.56	0.57
Property Plant And Equipment Net	0.97	0.88	0.83	0.94	0.97		0.87	0.97	-0.23	0.97	0.63	-0.29	0.92	-0.77	0.86	0.98	0.16	-0.76	0.93	0.61	0.86	0.94	0.96	0.89	0.64	0.65
Net Debt	0.95	0.99	0.84	0.9	0.86	0.87		0.9	-0.41	0.94	0.45	-0.49	0.8	-0.86	0.95	0.92	0.44	-0.83	0.97	0.66	0.84	0.91	0.85	0.92	0.38	0.39
Retained Earnings	0.98	0.92	0.87	0.92	0.96	0.97	0.9		-0.17	0.96	0.66	-0.23	0.93	-0.88	0.92	0.97	0.27	-0.86	0.96	0.71	0.81	0.9	0.96	0.88	0.63	0.64
Cash	-0.24	-0.26	-0.19	-0.28	-0.24	-0.23	-0.41	-0.17		-0.33	0.01	0.95	-0.01	0.17	-0.19	-0.27	-0.2	0.06	-0.24	0.14	-0.33	-0.4	-0.14	-0.41	0.26	0.26
Non Current Assets Total	0.98	0.93	0.8	0.95	0.96	0.97	0.94	0.96	-0.33		0.53	-0.4	0.87	-0.83	0.9	0.99	0.18	-0.79	0.96	0.57	0.9	0.98	0.93	0.93	0.5	0.5
Non Currrent Assets Other	0.59	0.47	0.67	0.55	0.6	0.63	0.45	0.66	0.01	0.53		0.15	0.7	-0.49	0.55	0.57	0.23	-0.58	0.58	0.61	0.43	0.45	0.65	0.5	0.75	0.76
Cash And Short Term Investments	-0.31	-0.36	-0.23	-0.35	-0.3	-0.29	-0.49	-0.23	0.95	-0.4	0.15		-0.08	0.22	-0.27	-0.35	-0.22	0.11	-0.31	0.09	-0.4	-0.46	-0.21	-0.46	0.25	0.25
Net Receivables	0.93	0.85	0.91	0.88	0.91	0.92	0.8	0.93	-0.01	0.87	0.7	-0.08		-0.74	0.85	0.92	0.32	-0.81	0.91	0.8	0.75	0.79	0.98	0.8	0.76	0.77
Common Stock Shares Outstanding	-0.84	-0.88	-0.69	-0.72	-0.75	-0.77	-0.86	-0.88	0.17	-0.83	-0.49	0.22	-0.74		-0.92	-0.8	-0.25	0.92	-0.88	-0.59	-0.62	-0.76	-0.77	-0.71	-0.51	-0.52
Non Current Liabilities Total	0.93	0.97	0.84	0.82	0.82	0.86	0.95	0.92	-0.19	0.9	0.55	-0.27	0.85	-0.92		0.9	0.39	-0.94	0.97	0.72	0.7	0.83	0.85	0.8	0.55	0.55
Inventory	0.99	0.93	0.86	0.97	0.98	0.98	0.92	0.97	-0.27	0.99	0.57	-0.35	0.92	-0.8	0.9		0.26	-0.79	0.97	0.66	0.89	0.96	0.97	0.94	0.55	0.56
Other Current Assets	0.34	0.43	0.66	0.33	0.26	0.16	0.44	0.27	-0.2	0.18	0.23	-0.22	0.32	-0.25	0.39	0.26		-0.33	0.38	0.76	0.21	0.12	0.28	0.39	0.12	0.12
Other Stockholder Equity	-0.83	-0.87	-0.74	-0.68	-0.72	-0.76	-0.83	-0.86	0.06	-0.79	-0.58	0.11	-0.81	0.92	-0.94	-0.79	-0.33		-0.88	-0.68	-0.55	-0.69	-0.78	-0.65	-0.6	-0.61
Total Liab	0.99	0.99	0.89	0.93	0.92	0.93	0.97	0.96	-0.24	0.96	0.58	-0.31	0.91	-0.88	0.97	0.97	0.38	-0.88		0.74	0.85	0.92	0.93	0.91	0.55	0.55
Total Current Assets	0.73	0.72	0.91	0.68	0.67	0.61	0.66	0.71	0.14	0.57	0.61	0.09	0.8	-0.59	0.72	0.66	0.76	-0.68	0.74		0.52	0.47	0.73	0.65	0.6	0.6
Short Term Debt	0.88	0.83	0.73	0.97	0.89	0.86	0.84	0.81	-0.33	0.9	0.43	-0.4	0.75	-0.62	0.7	0.89	0.21	-0.55	0.85	0.52		0.94	0.83	0.96	0.34	0.34
Intangible Assets	0.94	0.9	0.73	0.95	0.93	0.94	0.91	0.9	-0.4	0.98	0.45	-0.46	0.79	-0.76	0.83	0.96	0.12	-0.69	0.92	0.47	0.94		0.88	0.94	0.38	0.39
Accounts Payable	0.96	0.87	0.89	0.93	0.96	0.96	0.85	0.96	-0.14	0.93	0.65	-0.21	0.98	-0.77	0.85	0.97	0.28	-0.78	0.93	0.73	0.83	0.88		0.88	0.67	0.67
Property Plant And Equipment Gross	0.94	0.9	0.85	0.98	0.94	0.89	0.92	0.88	-0.41	0.93	0.5	-0.46	0.8	-0.71	0.8	0.94	0.39	-0.65	0.91	0.65	0.96	0.94	0.88		0.37	0.37
Common Stock Total Equity	0.57	0.45	0.62	0.49	0.56	0.64	0.38	0.63	0.26	0.5	0.75	0.25	0.76	-0.51	0.55	0.55	0.12	-0.6	0.55	0.6	0.34	0.38	0.67	0.37		1.0
Common Stock	0.57	0.45	0.63	0.5	0.57	0.65	0.39	0.64	0.26	0.5	0.76	0.25	0.77	-0.52	0.55	0.56	0.12	-0.61	0.55	0.6	0.34	0.39	0.67	0.37	1.0

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Parker Hannifin Account Relationship Matchups

Parker Hannifin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.3B	25.9B	30.0B	29.3B	33.7B	35.4B
Short Long Term Debt Total	6.6B	11.5B	12.6B	10.6B	12.1B	12.8B
Other Current Liab	1.2B	2.2B	1.5B	1.6B	1.8B	1.9B
Total Current Liabilities	3.1B	5.9B	7.7B	7.3B	8.4B	8.8B
Total Stockholder Equity	8.4B	8.8B	10.3B	12.1B	13.9B	14.6B
Property Plant And Equipment Net	2.3B	2.1B	2.9B	2.9B	3.3B	3.5B
Net Debt	5.9B	10.9B	12.1B	10.1B	11.7B	12.2B
Retained Earnings	14.9B	15.7B	17.0B	19.1B	22.0B	23.1B
Cash	733.1M	535.8M	475.2M	422.0M	485.3M	512.1M
Non Current Assets Total	14.7B	13.9B	23.1B	22.5B	25.9B	27.2B
Cash And Short Term Investments	772.2M	563.7M	483.6M	422.0M	485.3M	584.3M
Net Receivables	2.5B	2.9B	3.1B	2.9B	3.3B	3.5B
Common Stock Shares Outstanding	130.8M	130.4M	129.8M	130.2M	117.2M	126.3M
Liabilities And Stockholders Equity	20.3B	25.9B	30.0B	29.3B	33.7B	35.4B
Non Current Liabilities Total	8.8B	11.2B	11.9B	9.9B	11.4B	12.0B
Inventory	2.1B	2.2B	2.9B	2.8B	3.2B	3.4B
Other Current Assets	244.0M	6.4B	615.5M	724.3M	832.9M	874.5M
Other Stockholder Equity	(5.0B)	(5.4B)	(5.5B)	(5.7B)	(5.1B)	(4.9B)
Total Liab	11.9B	17.1B	19.6B	17.2B	19.8B	20.8B
Total Current Assets	5.6B	12.0B	6.8B	6.8B	7.8B	8.2B
Short Term Debt	2.8M	1.7B	3.8B	3.4B	3.9B	4.1B
Intangible Assets	3.5B	3.1B	8.5B	7.8B	9.0B	9.4B
Accounts Payable	1.7B	1.7B	2.1B	2.0B	2.3B	2.4B
Property Plant And Equipment Gross	2.3B	5.9B	6.9B	7.1B	8.1B	8.5B
Accumulated Other Comprehensive Income	(1.6B)	(1.5B)	(1.3B)	(1.4B)	(1.3B)	(1.4B)
Other Liab	2.7B	2.2B	1.5B	2.8B	3.2B	1.7B
Other Assets	128.3M	104.3M	110.6M	1.2B	1.1B	1.1B
Long Term Debt	6.6B	9.8B	8.8B	7.2B	8.2B	8.6B
Good Will	8.1B	7.7B	10.6B	10.5B	12.1B	12.7B
Property Plant Equipment	2.4B	2.3B	2.1B	2.9B	3.3B	2.0B
Net Tangible Assets	(5.6B)	(3.2B)	(2.0B)	10.3B	9.3B	9.8B
Noncontrolling Interest In Consolidated Entity	14.5M	15.4M	11.9M	11.4M	10.3M	16.3M
Retained Earnings Total Equity	13.5B	14.9B	15.7B	17.0B	19.6B	11.5B
Short Term Investments	39.1M	27.9M	8.4M	(1.0B)	(930.8M)	(884.2M)
Long Term Debt Total	7.7B	6.6B	9.8B	8.8B	10.1B	5.1B

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How To Invest In Parker

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Is Industrial Machinery & Supplies & Components 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 Parker Hannifin. If investors know Parker 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 Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.386

Dividend Share

6.37

Earnings Share

24.23

Revenue Per Share

154.76

Quarterly Revenue Growth

(0.02)

The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin'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 Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin'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 Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin'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.

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Parker Short Term Investments vs Long Term Debt Analysis

Short Term Investments vs Long Term Debt

Short Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Short Term Investments

Long Term Debt

Parker Hannifin fundamental ratios Correlations

Parker Hannifin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parker Hannifin fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Inventory	+ 0.99	Non Current Assets Total

Other Stockholder Equity	- 0.94	Non Current Liabilities Total
Non Current Liabilities Total	- 0.92	Common Stock Shares Outstanding
Total Liab	- 0.88	Other Stockholder Equity
Total Liab	- 0.88	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.88	Retained Earnings
Common Stock Shares Outstanding	- 0.88	Short Long Term Debt Total