Punjab Total Stockholder Equity vs Other Current Assets Analysis

PUNJABCHEM   1,071  52.95  4.71%   
Punjab Chemicals financial indicator trend analysis is much more than just breaking down Punjab Chemicals Crop prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Punjab Chemicals Crop is a good investment. Please check the relationship between Punjab Chemicals Total Stockholder Equity and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Punjab Chemicals Crop. 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Punjab Chemicals Crop Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Punjab Chemicals' Total Stockholder Equity and Other Current Assets is 0.04. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Punjab Chemicals Crop, assuming nothing else is changed. The correlation between historical values of Punjab Chemicals' Total Stockholder Equity and Other Current 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 Total Stockholder Equity of Punjab Chemicals Crop are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., Punjab Chemicals' Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Punjab Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Punjab Chemicals Crop 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 Chemicals Crop. 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 22, 2024, Selling General Administrative is expected to decline to about 106.6 M. In addition to that, Tax Provision is expected to decline to about 155.2 M
 2021 2022 2023 2024 (projected)
Interest Expense92.2M180.3M208.4M242.0M
Depreciation And Amortization166.7M190.1M221.6M160.0M

Punjab Chemicals fundamental ratios Correlations

0.29-0.16-0.11-0.090.550.24-0.36-0.150.560.19-0.15-0.01-0.03-0.080.55-0.06-0.190.29-0.17-0.14-0.230.42-0.060.38-0.22
0.290.58-0.12-0.290.250.39-0.140.590.240.20.280.80.320.730.880.710.710.75-0.10.50.60.93-0.33-0.60.41
-0.160.580.160.1-0.440.18-0.551.0-0.43-0.280.620.890.650.820.190.560.930.04-0.210.810.980.270.23-0.720.89
-0.11-0.120.160.63-0.410.31-0.380.13-0.44-0.310.370.150.250.14-0.33-0.070.01-0.410.370.260.25-0.270.530.180.26
-0.09-0.290.10.63-0.420.49-0.440.06-0.35-0.110.52-0.030.08-0.07-0.4-0.43-0.19-0.450.350.360.19-0.40.790.480.43
0.550.25-0.44-0.41-0.42-0.130.2-0.430.980.58-0.41-0.27-0.22-0.140.610.06-0.360.710.04-0.43-0.50.52-0.650.18-0.64
0.240.390.180.310.49-0.13-0.260.16-0.14-0.040.360.42-0.130.220.350.20.140.090.130.310.310.30.380.240.36
-0.36-0.14-0.55-0.38-0.440.2-0.26-0.540.20.37-0.42-0.45-0.4-0.40.05-0.1-0.320.30.25-0.52-0.50.08-0.59-0.03-0.52
-0.150.591.00.130.06-0.430.16-0.54-0.42-0.280.560.90.610.80.20.580.940.05-0.250.790.970.270.2-0.750.87
0.560.24-0.43-0.44-0.350.98-0.140.2-0.420.61-0.34-0.29-0.18-0.140.61-0.01-0.380.730.06-0.39-0.480.53-0.60.2-0.57
0.190.2-0.28-0.31-0.110.58-0.040.37-0.280.61-0.09-0.170.0-0.130.45-0.17-0.280.570.3-0.03-0.320.39-0.590.07-0.28
-0.150.280.620.370.52-0.410.36-0.420.56-0.34-0.090.470.770.690.010.150.46-0.070.230.650.660.110.4-0.160.77
-0.010.80.890.15-0.03-0.270.42-0.450.9-0.29-0.170.470.440.840.460.740.930.26-0.20.780.920.520.05-0.720.74
-0.030.320.650.250.08-0.22-0.13-0.40.61-0.180.00.770.440.710.080.30.530.030.120.530.570.190.06-0.40.58
-0.080.730.820.14-0.07-0.140.22-0.40.8-0.14-0.130.690.840.710.410.710.840.31-0.090.690.830.51-0.07-0.680.67
0.550.880.19-0.33-0.40.610.350.050.20.610.450.010.460.080.410.490.330.89-0.090.130.180.97-0.51-0.30.02
-0.060.710.56-0.07-0.430.060.2-0.10.58-0.01-0.170.150.740.30.710.490.740.41-0.150.350.580.56-0.35-0.690.29
-0.190.710.930.01-0.19-0.360.14-0.320.94-0.38-0.280.460.930.530.840.330.740.21-0.260.70.930.43-0.01-0.870.75
0.290.750.04-0.41-0.450.710.090.30.050.730.57-0.070.260.030.310.890.410.210.080.020.040.92-0.66-0.34-0.12
-0.17-0.1-0.210.370.350.040.130.25-0.250.060.30.23-0.20.12-0.09-0.09-0.15-0.260.080.02-0.13-0.02-0.020.24-0.07
-0.140.50.810.260.36-0.430.31-0.520.79-0.39-0.030.650.780.530.690.130.350.70.020.020.840.230.26-0.50.84
-0.230.60.980.250.19-0.50.31-0.50.97-0.48-0.320.660.920.570.830.180.580.930.04-0.130.840.280.28-0.690.91
0.420.930.27-0.27-0.40.520.30.080.270.530.390.110.520.190.510.970.560.430.92-0.020.230.28-0.5-0.410.11
-0.06-0.330.230.530.79-0.650.38-0.590.2-0.6-0.590.40.050.06-0.07-0.51-0.35-0.01-0.66-0.020.260.28-0.50.380.51
0.38-0.6-0.720.180.480.180.24-0.03-0.750.20.07-0.16-0.72-0.4-0.68-0.3-0.69-0.87-0.340.24-0.5-0.69-0.410.38-0.46
-0.220.410.890.260.43-0.640.36-0.520.87-0.57-0.280.770.740.580.670.020.290.75-0.12-0.070.840.910.110.51-0.46
Click cells to compare fundamentals

Punjab Chemicals Account Relationship Matchups

Punjab Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.5B5.6B6.2B6.4B4.4B
Short Long Term Debt Total991.9M879.1M933.2M939.7M1.2B1.9B
Other Current Liab612.4M(118.9M)435.8M430.3M415M409.6M
Total Current Liabilities2.3B2.1B2.5B2.4B2.4B2.7B
Total Stockholder Equity977.5M1.4B2.3B2.8B3.3B3.5B
Property Plant And Equipment Net1.8B2.0B2.2B2.4B2.4B1.7B
Current Deferred Revenue766.9M777.1M767.5M649.2M21.1M20.0M
Net Debt959.6M763.5M849M852.3M1.2B1.8B
Retained Earnings237.5M714.8M1.5B2.1B2.6B2.7B
Accounts Payable894.4M1.1B1.3B1.4B1.2B1.2B
Cash32.3M115.6M84.2M87.4M64.3M109.4M
Non Current Assets Total2.0B2.2B2.3B2.5B2.6B2.3B
Non Currrent Assets Other128.4M30.8M42.4M4.7M126.7M219.7M
Cash And Short Term Investments32.3M128.2M92.2M213.1M135.1M204.7M
Net Receivables860.5M1.1B1.4B1.7B2.0B1.0B
Short Term Investments3.7M12.6M8M125.7M6.3M6.0M
Liabilities And Stockholders Equity3.9B4.5B5.6B6.2B6.4B4.4B
Non Current Liabilities Total688.8M930.6M820M905.2M729.5M693.0M
Inventory864.8M1.0B1.5B1.7B1.4B1.1B
Other Current Assets528.6M293.6M1.6B315.2M236.5M472.4M
Total Liab3.0B3.1B3.3B3.4B3.1B3.7B
Total Current Assets2.0B2.3B3.2B3.6B3.8B2.1B
Accumulated Other Comprehensive Income(389.6M)35.3M41.1M26.5M28.1M29.5M
Short Term Debt606.4M201.1M348.9M301.1M701.2M546.7M
Intangible Assets29.8M18.6M13.7M17.4M43M38.4M
Other Liab261.9M288.3M235.5M235.7M212.1M250.8M
Net Tangible Assets863.7M947.7M1.4B2.2B2.6B2.7B
Other Assets312.2M143.6M100K69.6M1.00.95
Long Term Debt345.4M695.1M545.6M616.1M525.6M618.5M
Short Long Term Debt575.7M54.5M327.2M272.1M680.2M658.8M
Property Plant Equipment1.8B2.0B2.2B2.4B2.8B2.2B
Long Term Debt Total400.5M695.1M584.3M638.6M574.7M459.3M
Non Current Liabilities Other400K49.2M26.7M20.7M700K665K
Cash And Equivalents15.4M1.3M0.01.7M1.5M1.5M
Net Invested Capital1.6B1.5B3.1B3.7B4.5B2.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Punjab Stock

Balance Sheet is a snapshot of the financial position of Punjab Chemicals Crop at a specified time, usually calculated after every quarter, six months, or one year. Punjab Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Punjab Chemicals 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.