Punjab Cash And Short Term Investments vs Non Currrent Assets Other Analysis

PNB Stock   101.44  0.72  0.70%   
Punjab National financial indicator trend analysis is much more than just breaking down Punjab National Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Punjab National Bank is a good investment. Please check the relationship between Punjab National Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Punjab National Bank. 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.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Punjab National Bank Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Punjab National's Cash And Short Term Investments and Non Currrent Assets Other is 0.53. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Punjab National Bank, assuming nothing else is changed. The correlation between historical values of Punjab National's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Punjab National Bank are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Punjab National's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Punjab National Bank balance sheet. This account contains Punjab National investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Punjab National Bank 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Punjab National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Punjab National Bank 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 Punjab National Bank. 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.
The current year's Tax Provision is expected to grow to about 52.5 B, whereas Selling General Administrative is forecasted to decline to about 1.7 B.
 2021 2022 2023 2024 (projected)
Interest Expense468.2B518.2B685.3B719.6B
Depreciation And Amortization9.0B9.0B9.1B6.0B

Punjab National fundamental ratios Correlations

0.64-0.840.650.990.73-0.830.840.810.580.430.190.76-0.110.170.660.681.0-0.250.95-0.130.370.760.740.84-0.05
0.64-0.380.190.610.57-0.450.630.760.180.210.440.520.41-0.010.220.580.650.190.450.170.280.480.650.590.38
-0.84-0.38-0.94-0.82-0.430.58-0.77-0.48-0.9-0.730.35-0.80.09-0.11-0.95-0.72-0.840.21-0.830.37-0.45-0.47-0.67-0.660.06
0.650.19-0.940.630.21-0.320.530.190.990.83-0.620.74-0.040.041.00.670.65-0.120.64-0.390.390.220.470.41-0.16
0.990.61-0.820.630.75-0.810.830.780.550.430.20.68-0.180.270.640.620.99-0.330.97-0.120.360.790.730.88-0.05
0.730.57-0.430.210.75-0.760.710.820.12-0.020.460.38-0.260.230.230.090.72-0.390.740.16-0.10.70.530.820.12
-0.83-0.450.58-0.32-0.81-0.76-0.8-0.9-0.250.0-0.43-0.620.18-0.03-0.33-0.42-0.830.27-0.810.12-0.23-0.75-0.68-0.80.07
0.840.63-0.770.530.830.71-0.80.850.460.310.170.63-0.110.240.540.550.84-0.30.83-0.210.390.730.880.920.2
0.810.76-0.480.190.780.82-0.90.850.14-0.020.580.590.040.040.210.460.81-0.120.720.020.240.740.770.830.15
0.580.18-0.90.990.550.12-0.250.460.140.84-0.670.760.05-0.050.990.70.59-0.020.55-0.390.370.130.410.31-0.18
0.430.21-0.730.830.43-0.020.00.31-0.020.84-0.580.530.180.140.830.640.430.150.38-0.280.390.020.320.19-0.15
0.190.440.35-0.620.20.46-0.430.170.58-0.67-0.58-0.160.040.06-0.6-0.140.180.010.130.43-0.030.460.180.320.22
0.760.52-0.80.740.680.38-0.620.630.590.760.53-0.160.32-0.350.740.810.770.230.6-0.110.330.340.530.43-0.12
-0.110.410.09-0.04-0.18-0.260.18-0.110.040.050.180.040.32-0.67-0.030.39-0.10.9-0.380.310.3-0.37-0.01-0.320.21
0.17-0.01-0.110.040.270.23-0.030.240.04-0.050.140.06-0.35-0.670.04-0.170.17-0.760.37-0.31-0.10.380.210.44-0.12
0.660.22-0.951.00.640.23-0.330.540.210.990.83-0.60.74-0.030.040.680.66-0.120.65-0.380.390.220.480.42-0.15
0.680.58-0.720.670.620.09-0.420.550.460.70.64-0.140.810.39-0.170.680.680.290.51-0.190.650.340.60.39-0.11
1.00.65-0.840.650.990.72-0.830.840.810.590.430.180.77-0.10.170.660.68-0.250.95-0.130.370.760.740.84-0.05
-0.250.190.21-0.12-0.33-0.390.27-0.3-0.12-0.020.150.010.230.9-0.76-0.120.29-0.25-0.50.330.21-0.49-0.16-0.50.16
0.950.45-0.830.640.970.74-0.810.830.720.550.380.130.6-0.380.370.650.510.95-0.5-0.210.30.820.70.89-0.09
-0.130.170.37-0.39-0.120.160.12-0.210.02-0.39-0.280.43-0.110.31-0.31-0.38-0.19-0.130.33-0.21-0.070.07-0.31-0.10.09
0.370.28-0.450.390.36-0.1-0.230.390.240.370.39-0.030.330.3-0.10.390.650.370.210.3-0.070.140.580.320.18
0.760.48-0.470.220.790.7-0.750.730.740.130.020.460.34-0.370.380.220.340.76-0.490.820.070.140.560.85-0.1
0.740.65-0.670.470.730.53-0.680.880.770.410.320.180.53-0.010.210.480.60.74-0.160.7-0.310.580.560.810.31
0.840.59-0.660.410.880.82-0.80.920.830.310.190.320.43-0.320.440.420.390.84-0.50.89-0.10.320.850.810.09
-0.050.380.06-0.16-0.050.120.070.20.15-0.18-0.150.22-0.120.21-0.12-0.15-0.11-0.050.16-0.090.090.18-0.10.310.09
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Punjab National Account Relationship Matchups

Punjab National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5T12.8T13.4T14.9T16.0T16.8T
Short Long Term Debt Total437.9B555.2B624.5B701.5B725.9B437.1B
Other Current Liab(16.5B)(27.3B)(27.8B)(34.5B)(75.7B)(71.9B)
Total Current Liabilities16.5B27.3B27.8B34.5B5.7T6.0T
Total Stockholder Equity638.8B925.3B975.8B1.0T1.1T1.2T
Property Plant And Equipment Net143.9B107.2B104.0B120.8B121.4B60.9B
Net Debt(339.6B)(578.2B)(717.4B)(871.8B)(588.1B)(558.7B)
Accounts Payable16.5B27.3B27.8B34.5B42.8B22.7B
Cash777.6B1.1T1.3T1.6T1.3T697.5B
Non Current Assets Total72.6B110.5B107.0B120.8B15.3T16.1T
Non Currrent Assets Other(72.6B)(110.5B)(107.0B)(120.8B)10.7T11.2T
Other Assets8.0T12.0T12.8T14.0T(617.7B)(586.8B)
Cash And Short Term Investments419.1B725.7B515.8B828.5B1.3T1.4T
Net Receivables59.5B88.7B95.4B127.1B176.6B145.9B
Liabilities And Stockholders Equity8.5T12.8T13.4T14.9T16.0T16.8T
Non Current Liabilities Total625.1B523.0B593.7B701.5B14.9T15.6T
Other Stockholder Equity358.7B(27.7B)443.5B460.4B702.3B737.4B
Total Liab7.9T11.9T12.4T13.9T14.9T15.6T
Total Current Assets419.1B725.7B515.8B828.5B1.3T2.2T
Accumulated Other Comprehensive Income(51.4B)443.5B468.0B513.6B339.9B356.9B
Common Stock9.2B13.5B21.0B22.0B25.3B26.6B
Other Current Assets5.0T7.4T1.4T1.7T1.3T1.2T
Retained Earnings(83.7B)17.4B25.4B32.8B39.7B41.7B
Intangible Assets1.4B3.3B3.0B2.0B2.1B1.7B
Other Liab112.4B109.8B147.3B217.8B250.4B157.3B
Net Tangible Assets459.1B637.4B922.1B972.9B1.1T617.9B
Long Term Debt625.1B523.0B593.7B701.5B631.3B479.8B
Inventory(5.1T)(7.5T)(1.5T)(1.8T)(1.5T)(1.6T)
Long Term Investments2.5T4.0T3.9T4.2T4.5T3.0T
Property Plant Equipment71.3B107.2B104.0B120.8B139.0B78.2B
Long Term Debt Total625.1B523.0B593.7B701.5B631.3B481.5B
Capital Surpluse355.5B512.1B443.5B460.4B529.4B364.1B
Earning Assets2.7T2.5T2.9T4.0T4.7T3.0T
Net Invested Capital1.1T1.4T1.6T1.7T1.8T1.5T

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Other Information on Investing in Punjab Stock

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