0KS2 Stock | | | 84.35 0.46 0.55% |
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Total Liab and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. 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.
Total Liab vs Retained Earnings
Total Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Public Service Enterprise Total Liab account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Public Service's Total Liab and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Total Liab and Retained Earnings 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 Liab of Public Service Enterprise are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Public Service's Total Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise 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 Public Service Enterprise. 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 307.2
M in 2024.
Selling General Administrative is likely to drop to about 28
M in 2024
Public Service fundamental ratios Correlations
Click cells to compare fundamentals
Public Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Public Service fundamental ratios Accounts
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measure Public Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to
predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.