Paccar Non Current Assets Total vs Other Stockholder Equity Analysis

0KET Stock   114.57  0.48  0.42%   
Paccar financial indicator trend analysis is much more than just breaking down Paccar Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paccar Inc is a good investment. Please check the relationship between Paccar Non Current Assets Total and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Paccar Inc. 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.

Non Current Assets Total vs Other Stockholder Equity

Non Current Assets Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paccar Inc Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Paccar's Non Current Assets Total and Other Stockholder Equity is 0.74. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Paccar Inc, assuming nothing else is changed. The correlation between historical values of Paccar's Non Current Assets Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Paccar Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Paccar's Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Paccar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paccar Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Paccar Inc. 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.
Tax Provision is likely to drop to about 461.4 M in 2024. Selling General Administrative is likely to drop to about 712.3 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue23.5B28.8B35.1B24.2B
Depreciation And Amortization867.8M807.1M435.3M796.2M

Paccar fundamental ratios Correlations

0.330.910.990.470.030.990.770.880.890.660.680.990.94-0.280.770.570.94-0.190.770.81-0.080.770.20.210.2
0.330.330.3-0.42-0.90.24-0.160.540.00.850.850.320.13-0.580.54-0.040.34-0.920.460.070.460.51-0.69-0.61-0.22
0.910.330.890.29-0.070.880.610.810.750.60.640.930.82-0.210.590.280.85-0.240.570.790.030.760.070.160.03
0.990.30.890.470.060.990.790.850.880.620.640.980.95-0.250.810.560.97-0.140.760.81-0.070.780.220.230.17
0.47-0.420.290.470.760.550.830.450.790.060.090.440.59-0.280.120.70.350.40.440.6-0.850.050.690.580.44
0.03-0.9-0.070.060.760.130.53-0.170.4-0.57-0.560.020.230.32-0.270.37-0.010.85-0.10.26-0.7-0.280.830.720.33
0.990.240.880.990.550.130.830.850.920.60.610.980.95-0.270.770.620.94-0.090.770.81-0.160.730.320.310.2
0.77-0.160.610.790.830.530.830.680.890.290.30.750.91-0.280.460.710.750.290.680.71-0.490.510.610.530.37
0.880.540.810.850.45-0.170.850.680.780.860.880.870.8-0.680.650.530.78-0.440.820.71-0.180.690.020.050.17
0.890.00.750.880.790.40.920.890.780.480.490.880.88-0.260.530.750.770.040.740.83-0.510.520.480.420.4
0.660.850.60.620.06-0.570.60.290.860.480.970.650.48-0.70.640.410.57-0.790.80.370.080.6-0.31-0.280.04
0.680.850.640.640.09-0.560.610.30.880.490.970.660.51-0.730.630.290.6-0.810.710.50.030.63-0.38-0.350.05
0.990.320.930.980.440.020.980.750.870.880.650.660.91-0.240.740.560.92-0.190.750.8-0.070.770.210.220.21
0.940.130.820.950.590.230.950.910.80.880.480.510.91-0.250.680.570.940.030.720.81-0.190.740.330.290.27
-0.28-0.58-0.21-0.25-0.280.32-0.27-0.28-0.68-0.26-0.7-0.73-0.24-0.25-0.26-0.25-0.20.54-0.54-0.220.28-0.230.220.190.03
0.770.540.590.810.12-0.270.770.460.650.530.640.630.740.68-0.260.440.81-0.320.710.450.260.75-0.020.03-0.08
0.57-0.040.280.560.70.370.620.710.530.750.410.290.560.57-0.250.440.440.110.810.29-0.450.20.60.470.45
0.940.340.850.970.35-0.010.940.750.780.770.570.60.920.94-0.20.810.44-0.150.690.760.060.820.130.120.11
-0.19-0.92-0.24-0.140.40.85-0.090.29-0.440.04-0.79-0.81-0.190.030.54-0.320.11-0.15-0.32-0.08-0.26-0.340.750.720.07
0.770.460.570.760.44-0.10.770.680.820.740.80.710.750.72-0.540.710.810.69-0.320.39-0.150.610.210.170.21
0.810.070.790.810.60.260.810.710.710.830.370.50.80.81-0.220.450.290.76-0.080.39-0.40.570.160.130.32
-0.080.460.03-0.07-0.85-0.7-0.16-0.49-0.18-0.510.080.03-0.07-0.190.280.26-0.450.06-0.26-0.15-0.40.24-0.5-0.35-0.46
0.770.510.760.780.05-0.280.730.510.690.520.60.630.770.74-0.230.750.20.82-0.340.610.570.24-0.13-0.040.0
0.2-0.690.070.220.690.830.320.610.020.48-0.31-0.380.210.330.22-0.020.60.130.750.210.16-0.5-0.130.920.28
0.21-0.610.160.230.580.720.310.530.050.42-0.28-0.350.220.290.190.030.470.120.720.170.13-0.35-0.040.92-0.05
0.2-0.220.030.170.440.330.20.370.170.40.040.050.210.270.03-0.080.450.110.070.210.32-0.460.00.28-0.05
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Paccar Account Relationship Matchups

Paccar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4B28.3B29.5B33.3B40.8B28.5B
Other Current Liab990.9M443.2M2.8B2.1B14.8B15.6B
Total Current Liabilities10.3B9.6B8.1B11.8B16.5B9.0B
Total Stockholder Equity9.7B10.4B11.6B13.2B15.9B10.1B
Property Plant And Equipment Net6.6B6.9B6.6B6.3B4.0B5.7B
Net Debt7.1B7.4B7.0B6.8B(6.8B)(6.4B)
Retained Earnings10.4B11.0B12.0B13.4B15.8B10.4B
Cash4.2B3.5B3.4B4.7B6.8B7.2B
Non Current Assets Total20.2B20.3B20.2B22.1B26.3B16.7B
Non Currrent Assets Other1.3B1.5B1.6B1.8B22.3B23.4B
Other Assets4.2B4.4B4.5B4.5B17.8B18.7B
Cash And Short Term Investments5.3B5.0B5.0B6.3B8.7B4.9B
Net Receivables1.3B1.2B1.6B2.0B1.8B1.3B
Common Stock Shares Outstanding521.2M521.1M522.6M523.3M525M422.1M
Short Term Investments1.2B1.4B1.6B1.6B1.8B1.5B
Non Current Liabilities Total8.4B8.3B9.8B8.3B8.4B8.5B
Inventory1.2B1.2B2.0B2.2B2.6B1.4B
Other Current Assets13.1B12.8B12.9B14.8B1.5B1.4B
Other Stockholder Equity61.4M88.5M142M196.1M269.1M282.6M
Total Liab18.7B17.9B17.9B20.1B24.9B16.1B
Total Current Assets8.2B7.9B9.3B11.1B14.5B8.4B
Short Long Term Debt Total11.3B10.9B10.5B11.5B73.9M70.2M
Liabilities And Stockholders Equity28.4B28.3B29.5B33.3B40.8B26.7B
Accumulated Other Comprehensive Income(1.1B)(1.1B)(921.1M)(953.4M)(693.9M)(728.6M)
Short Term Debt5.7B5.4B3.1B5.6B16.8M16.0M
Current Deferred Revenue237.5M274.7M264.1M268.6M359.5M264.0M
Other Liab1.8B1.8B1.5B1.4B1.3B1.4B
Net Tangible Assets9.7B10.4B11.4B13.2B15.1B11.2B
Property Plant Equipment3.5B3.7B3.7B3.7B4.3B4.0B

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