Paccar Stock Based Compensation vs Change In Working Capital Analysis

0KET Stock   117.00  1.40  1.21%   
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 Stock Based Compensation and its Change In Working Capital 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.

Stock Based Compensation vs Change In Working Capital

Stock Based Compensation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paccar Inc Stock Based Compensation account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Paccar's Stock Based Compensation and Change In Working Capital is -0.8. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital 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 Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Paccar Inc are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., Paccar's Stock Based Compensation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
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

0.330.910.990.470.030.990.770.880.540.590.680.990.94-0.280.770.570.94-0.190.770.81-0.080.770.20.210.2
0.330.330.3-0.42-0.90.24-0.160.54-0.410.440.850.320.13-0.580.54-0.040.34-0.920.460.070.460.51-0.69-0.61-0.22
0.910.330.890.29-0.070.880.610.810.370.430.640.930.82-0.210.590.280.85-0.240.570.790.030.760.070.160.03
0.990.30.890.470.060.990.790.850.550.560.640.980.95-0.250.810.560.97-0.140.760.81-0.070.780.220.230.17
0.47-0.420.290.470.760.550.830.450.980.250.090.440.59-0.280.120.70.350.40.440.6-0.850.050.690.580.44
0.03-0.9-0.070.060.760.130.53-0.170.75-0.19-0.560.020.230.32-0.270.37-0.010.85-0.10.26-0.7-0.280.830.720.33
0.990.240.880.990.550.130.830.850.620.580.610.980.95-0.270.770.620.94-0.090.770.81-0.160.730.320.310.2
0.77-0.160.610.790.830.530.830.680.90.450.30.750.91-0.280.460.710.750.290.680.71-0.490.510.610.530.37
0.880.540.810.850.45-0.170.850.680.490.660.880.870.8-0.680.650.530.78-0.440.820.71-0.180.690.020.050.17
0.54-0.410.370.550.980.750.620.90.490.350.080.520.67-0.250.190.740.430.460.520.58-0.750.150.760.670.38
0.590.440.430.560.25-0.190.580.450.660.350.590.590.47-0.430.570.780.47-0.30.910.090.010.40.210.210.09
0.680.850.640.640.09-0.560.610.30.880.080.590.660.51-0.730.630.290.6-0.810.710.50.030.63-0.38-0.350.05
0.990.320.930.980.440.020.980.750.870.520.590.660.91-0.240.740.560.92-0.190.750.8-0.070.770.210.220.21
0.940.130.820.950.590.230.950.910.80.670.470.510.91-0.250.680.570.940.030.720.81-0.190.740.330.290.27
-0.28-0.58-0.21-0.25-0.280.32-0.27-0.28-0.68-0.25-0.43-0.73-0.24-0.25-0.26-0.25-0.20.54-0.54-0.220.28-0.230.220.190.03
0.770.540.590.810.12-0.270.770.460.650.190.570.630.740.68-0.260.440.81-0.320.710.450.260.75-0.020.03-0.08
0.57-0.040.280.560.70.370.620.710.530.740.780.290.560.57-0.250.440.440.110.810.29-0.450.20.60.470.45
0.940.340.850.970.35-0.010.940.750.780.430.470.60.920.94-0.20.810.44-0.150.690.760.060.820.130.120.11
-0.19-0.92-0.24-0.140.40.85-0.090.29-0.440.46-0.3-0.81-0.190.030.54-0.320.11-0.15-0.32-0.08-0.26-0.340.750.720.07
0.770.460.570.760.44-0.10.770.680.820.520.910.710.750.72-0.540.710.810.69-0.320.39-0.150.610.210.170.21
0.810.070.790.810.60.260.810.710.710.580.090.50.80.81-0.220.450.290.76-0.080.39-0.40.570.160.130.32
-0.080.460.03-0.07-0.85-0.7-0.16-0.49-0.18-0.750.010.03-0.07-0.190.280.26-0.450.06-0.26-0.15-0.40.24-0.5-0.35-0.46
0.770.510.760.780.05-0.280.730.510.690.150.40.630.770.74-0.230.750.20.82-0.340.610.570.24-0.13-0.040.0
0.2-0.690.070.220.690.830.320.610.020.760.21-0.380.210.330.22-0.020.60.130.750.210.16-0.5-0.130.920.28
0.21-0.610.160.230.580.720.310.530.050.670.21-0.350.220.290.190.030.470.120.720.170.13-0.35-0.040.92-0.05
0.2-0.220.030.170.440.330.20.370.170.380.090.050.210.270.03-0.080.450.110.070.210.32-0.460.00.28-0.05
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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 Total20.2B20.3B20.2B22.1B8.4B15.1B
Non Currrent Assets Other1.3B1.5B1.6B1.8B4.5B4.7B
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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