Penske Total Current Assets from 2010 to 2025

PAG Stock  USD 164.90  0.61  0.37%   
Penske Automotive's Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are estimated to finish at about 6.9 B this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1995-12-31
Previous Quarter
6.1 B
Current Value
6.2 B
Quarterly Volatility
1.7 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Penske Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penske Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 170.3 M, Interest Expense of 193 M or Total Revenue of 35.7 B, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0154 or PTB Ratio of 1.99. Penske financial statements analysis is a perfect complement when working with Penske Automotive Valuation or Volatility modules.
  
Check out the analysis of Penske Automotive Correlation against competitors.

Latest Penske Automotive's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Penske Automotive Group over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Penske Automotive's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penske Automotive's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Penske Total Current Assets Regression Statistics

Arithmetic Mean4,301,560,984
Geometric Mean3,548,736,593
Coefficient Of Variation38.45
Mean Deviation1,176,547,863
Median4,421,500,000
Standard Deviation1,654,086,524
Sample Variance2736002.2T
Range6.7B
R-Value0.87
Mean Square Error718797.8T
R-Squared0.75
Significance0.000013
Slope301,841,718
Total Sum of Squares41040033.4T

Penske Total Current Assets History

20256.9 B
20246.5 B
20235.7 B
20224.7 B
20214.1 B
20204.4 B
20195.3 B

About Penske Automotive Financial Statements

Penske Automotive stakeholders use historical fundamental indicators, such as Penske Automotive's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Penske Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Penske Automotive's assets and liabilities are reflected in the revenues and expenses on Penske Automotive's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Penske Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets6.5 B6.9 B

Currently Active Assets on Macroaxis

When determining whether Penske Automotive is a strong investment it is important to analyze Penske Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Penske Automotive's future performance. For an informed investment choice regarding Penske Stock, refer to the following important reports:
Check out the analysis of Penske Automotive Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Automotive Retail 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 Penske Automotive. If investors know Penske 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 Penske Automotive 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
(0.14)
Dividend Share
4.09
Earnings Share
13.06
Revenue Per Share
447.96
Quarterly Revenue Growth
0.019
The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske Automotive'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 Penske Automotive's market value can be influenced by many factors that don't directly affect Penske Automotive'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 Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske Automotive'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.