Palo Alto Networks Stock Total Debt
| PANW Stock | 23.68 0.17 0.72% |
PALO ALTO NETWORKS fundamentals help investors to digest information that contributes to PALO ALTO's financial success or failures. It also enables traders to predict the movement of PALO Stock. The fundamental analysis module provides a way to measure PALO ALTO's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PALO ALTO stock.
PALO | Total Debt |
PALO ALTO NETWORKS Company Total Debt Analysis
PALO ALTO's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current PALO ALTO Total Debt | 1.99 B |
Most of PALO ALTO's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PALO ALTO NETWORKS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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PALO Net Debt
Net Debt |
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Based on the latest financial disclosure, PALO ALTO NETWORKS has a Total Debt of 1.99 B. This is 23.56% higher than that of the Technology sector and 78.08% lower than that of the Software - Infrastructure industry. The total debt for all Canada stocks is 62.55% higher than that of the company.
PALO Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PALO ALTO's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PALO ALTO could also be used in its relative valuation, which is a method of valuing PALO ALTO by comparing valuation metrics of similar companies.PALO ALTO is currently under evaluation in total debt category among its peers.
PALO Fundamentals
| Revenue | 6.89 B | ||||
| Net Income | 439.7 M | ||||
| Total Debt | 1.99 B | ||||
| Cash Flow From Operations | 2.78 B | ||||
| Number Of Employees | 15.29 K | ||||
| Total Asset | 14.5 B | ||||
| Retained Earnings | (1.23 B) | ||||
| Working Capital | (1.69 B) | ||||
| Net Asset | 14.5 B |
About PALO ALTO Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PALO ALTO NETWORKS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PALO ALTO using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PALO ALTO NETWORKS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with PALO ALTO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PALO ALTO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PALO ALTO will appreciate offsetting losses from the drop in the long position's value.Moving against PALO Stock
| 0.75 | VENZ | Venzee Technologies Earnings Call Tomorrow | PairCorr |
| 0.73 | VERS | VERSES AI | PairCorr |
| 0.69 | TD | Toronto Dominion Bank | PairCorr |
| 0.58 | PAY | Payfare | PairCorr |
| 0.44 | NBVA | Nubeva Technologies | PairCorr |
The ability to find closely correlated positions to PALO ALTO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PALO ALTO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PALO ALTO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PALO ALTO NETWORKS to buy it.
The correlation of PALO ALTO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PALO ALTO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PALO ALTO NETWORKS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PALO ALTO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PALO ALTO NETWORKS. 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. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.