PGE Depreciation vs Capital Expenditures Analysis

0MN3 Stock

11.97 0.00 0.00%

PGE Polska financial indicator trend analysis is much more than just breaking down PGE Polska Grupa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGE Polska Grupa is a good investment. Please check the relationship between PGE Polska Depreciation and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PGE Polska Grupa. 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.

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Polska Grupa Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between PGE Polska's Depreciation and Capital Expenditures is 0.4. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of PGE Polska Grupa, assuming nothing else is changed. The correlation between historical values of PGE Polska's Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of PGE Polska Grupa are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., PGE Polska's Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Depreciation

Depreciation indicates how much of PGE Polska Grupa value has been used up. For tax purposes PGE Polska can deduct the cost of the tangible assets it purchases as business expenses. However, PGE Polska Grupa must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Capital Expenditures

Capital Expenditures are funds used by PGE Polska Grupa to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of PGE Polska operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from PGE Polska's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGE Polska Grupa 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 PGE Polska Grupa. 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 gain to about 223.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 B in 2024.

	2019	2020	2023	2024 (projected)
Gross Profit	5.0B	4.8B	4.3B	4.4B
Total Revenue	37.6B	45.8B	52.6B	35.3B

Gross Profit Total Revenue

PGE Polska fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Cash	Deferred Long Term Liab
Total Assets		0.39	0.86	-0.49	-0.53	0.07	0.07	0.57	0.97	0.87	-0.32	0.92	0.87	0.82	0.9	0.97	0.78	-0.67	0.71	0.98	0.89	0.15	0.59	0.64	0.87	0.88
Short Long Term Debt Total	0.39		0.4	-0.67	-0.27	0.87	0.93	0.56	0.42	0.07	0.31	0.15	0.46	0.51	0.2	0.48	0.63	-0.83	0.45	0.27	0.53	0.17	0.32	0.42	0.46	0.57
Total Current Liabilities	0.86	0.4		-0.73	-0.31	0.18	0.17	0.55	0.82	0.65	-0.18	0.73	0.77	0.95	0.71	0.79	0.76	-0.64	0.79	0.86	0.84	-0.21	0.73	0.76	0.89	0.89
Total Stockholder Equity	-0.49	-0.67	-0.73		0.3	-0.58	-0.63	-0.37	-0.4	-0.15	-0.03	-0.31	-0.41	-0.73	-0.25	-0.42	-0.48	0.62	-0.79	-0.45	-0.48	0.21	-0.59	-0.59	-0.65	-0.79
Retained Earnings	-0.53	-0.27	-0.31	0.3		0.03	-0.02	0.07	-0.56	-0.58	0.62	-0.69	-0.52	-0.27	-0.68	-0.58	-0.14	0.46	-0.18	-0.49	-0.29	-0.71	0.22	0.09	-0.42	-0.39
Other Assets	0.07	0.87	0.18	-0.58	0.03		0.93	0.58	0.07	-0.33	0.67	-0.23	0.1	0.31	-0.13	0.17	0.47	-0.7	0.29	-0.07	0.31	0.03	0.26	0.24	0.29	0.33
Long Term Debt	0.07	0.93	0.17	-0.63	-0.02	0.93		0.39	0.06	-0.27	0.46	-0.19	0.17	0.28	-0.16	0.14	0.38	-0.61	0.36	-0.05	0.24	-0.01	0.26	0.32	0.19	0.37
Cash And Short Term Investments	0.57	0.56	0.55	-0.37	0.07	0.58	0.39		0.57	0.29	0.58	0.25	0.38	0.68	0.36	0.64	0.85	-0.74	0.4	0.48	0.8	0.03	0.55	0.44	0.75	0.55
Net Receivables	0.97	0.42	0.82	-0.4	-0.56	0.07	0.06	0.57		0.88	-0.32	0.92	0.88	0.81	0.95	0.99	0.82	-0.72	0.56	0.94	0.92	0.24	0.49	0.58	0.85	0.79
Good Will	0.87	0.07	0.65	-0.15	-0.58	-0.33	-0.27	0.29	0.88		-0.58	0.92	0.76	0.6	0.88	0.85	0.5	-0.37	0.39	0.91	0.68	0.31	0.27	0.36	0.67	0.6
Short Term Investments	-0.32	0.31	-0.18	-0.03	0.62	0.67	0.46	0.58	-0.32	-0.58		-0.64	-0.41	-0.01	-0.5	-0.23	0.22	-0.21	-0.14	-0.42	0.03	-0.19	0.13	-0.05	0.0	-0.17
Capital Surpluse	0.92	0.15	0.73	-0.31	-0.69	-0.23	-0.19	0.25	0.92	0.92	-0.64		0.85	0.64	0.96	0.88	0.55	-0.47	0.54	0.94	0.71	0.25	0.37	0.47	0.7	0.72
Inventory	0.87	0.46	0.77	-0.41	-0.52	0.1	0.17	0.38	0.88	0.76	-0.41	0.85		0.66	0.84	0.86	0.68	-0.62	0.6	0.88	0.76	0.15	0.45	0.59	0.66	0.77
Other Current Assets	0.82	0.51	0.95	-0.73	-0.27	0.31	0.28	0.68	0.81	0.6	-0.01	0.64	0.66		0.66	0.8	0.86	-0.74	0.71	0.79	0.91	-0.16	0.71	0.74	0.93	0.85
Other Stockholder Equity	0.9	0.2	0.71	-0.25	-0.68	-0.13	-0.16	0.36	0.95	0.88	-0.5	0.96	0.84	0.66		0.92	0.66	-0.59	0.42	0.89	0.79	0.33	0.32	0.42	0.74	0.66
Total Liab	0.97	0.48	0.79	-0.42	-0.58	0.17	0.14	0.64	0.99	0.85	-0.23	0.88	0.86	0.8	0.92		0.83	-0.78	0.55	0.92	0.92	0.32	0.45	0.53	0.87	0.79
Total Current Assets	0.78	0.63	0.76	-0.48	-0.14	0.47	0.38	0.85	0.82	0.5	0.22	0.55	0.68	0.86	0.66	0.83		-0.84	0.55	0.69	0.97	-0.05	0.68	0.72	0.81	0.73
Intangible Assets	-0.67	-0.83	-0.64	0.62	0.46	-0.7	-0.61	-0.74	-0.72	-0.37	-0.21	-0.47	-0.62	-0.74	-0.59	-0.78	-0.84		-0.44	-0.54	-0.82	-0.31	-0.35	-0.41	-0.79	-0.67
Common Stock	0.71	0.45	0.79	-0.79	-0.18	0.29	0.36	0.4	0.56	0.39	-0.14	0.54	0.6	0.71	0.42	0.55	0.55	-0.44		0.71	0.58	-0.38	0.87	0.83	0.62	0.94
Property Plant Equipment	0.98	0.27	0.86	-0.45	-0.49	-0.07	-0.05	0.48	0.94	0.91	-0.42	0.94	0.88	0.79	0.89	0.92	0.69	-0.54	0.71		0.83	0.07	0.6	0.64	0.82	0.86
Other Current Liab	0.89	0.53	0.84	-0.48	-0.29	0.31	0.24	0.8	0.92	0.68	0.03	0.71	0.76	0.91	0.79	0.92	0.97	-0.82	0.58	0.83		0.04	0.64	0.69	0.9	0.79
Other Liab	0.15	0.17	-0.21	0.21	-0.71	0.03	-0.01	0.03	0.24	0.31	-0.19	0.25	0.15	-0.16	0.33	0.32	-0.05	-0.31	-0.38	0.07	0.04		-0.65	-0.59	0.12	-0.13
Net Tangible Assets	0.59	0.32	0.73	-0.59	0.22	0.26	0.26	0.55	0.49	0.27	0.13	0.37	0.45	0.71	0.32	0.45	0.68	-0.35	0.87	0.6	0.64	-0.65		0.94	0.56	0.79
Accounts Payable	0.64	0.42	0.76	-0.59	0.09	0.24	0.32	0.44	0.58	0.36	-0.05	0.47	0.59	0.74	0.42	0.53	0.72	-0.41	0.83	0.64	0.69	-0.59	0.94		0.53	0.8
Cash	0.87	0.46	0.89	-0.65	-0.42	0.29	0.19	0.75	0.85	0.67	0.0	0.7	0.66	0.93	0.74	0.87	0.81	-0.79	0.62	0.82	0.9	0.12	0.56	0.53		0.81
Deferred Long Term Liab	0.88	0.57	0.89	-0.79	-0.39	0.33	0.37	0.55	0.79	0.6	-0.17	0.72	0.77	0.85	0.66	0.79	0.73	-0.67	0.94	0.86	0.79	-0.13	0.79	0.8	0.81

Click cells to compare fundamentals

PGE Polska Account Relationship Matchups

PGE Polska fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	72.2B	75.9B	77.7B	81.6B	93.8B	82.5B
Short Long Term Debt Total	8.4B	6.4B	10.9B	10.0B	11.5B	10.0B
Total Current Liabilities	11.8B	15.0B	21.8B	35.3B	40.6B	42.6B
Total Stockholder Equity	45.1B	46.7B	42.3B	42.5B	38.3B	35.1B
Retained Earnings	3.8B	5.0B	7.6B	9.3B	8.4B	6.1B
Other Assets	1.4B	2.3B	2.6B	2.4B	2.8B	2.4B
Long Term Debt	8.4B	6.4B	10.0B	9.1B	10.5B	9.6B
Cash And Short Term Investments	2.6B	1.3B	1.3B	4.2B	4.8B	2.6B
Net Receivables	3.8B	4.5B	4.5B	5.1B	5.8B	4.3B
Good Will	199M	198M	205M	204M	234.6M	179.3M
Short Term Investments	1.2B	190M	122M	1.7B	1.6B	825.1M
Capital Surpluse	15.3B	19.9B	19.7B	18.4B	21.2B	19.1B
Inventory	4.5B	3.1B	2.2B	4.9B	5.7B	3.3B
Other Current Assets	655M	1.5B	2.4B	5.3B	6.1B	6.4B
Other Stockholder Equity	19.8B	19.3B	18.4B	20.8B	23.9B	14.4B
Total Liab	27.1B	29.2B	35.4B	39.1B	44.9B	34.2B
Total Current Assets	9.1B	12.6B	15.1B	22.7B	26.1B	14.9B
Intangible Assets	833M	848M	530M	442M	397.8M	527.5M
Property Plant Equipment	61.0B	63.1B	62.1B	65.7B	75.6B	66.7B
Other Liab	11.8B	13.1B	10.2B	9.3B	8.4B	8.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for PGE Stock Analysis

When running PGE Polska's price analysis, check to measure PGE Polska'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 PGE Polska is operating at the current time. Most of PGE Polska's value examination focuses on studying past and present price action to predict the probability of PGE Polska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGE Polska's price. Additionally, you may evaluate how the addition of PGE Polska to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

PGE Depreciation vs Capital Expenditures Analysis

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Depreciation

Capital Expenditures

PGE Polska fundamental ratios Correlations

PGE Polska Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PGE Polska fundamental ratios Accounts

Also Currently Popular

Additional Tools for PGE Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Net Receivables
Property Plant Equipment	+ 0.98	Total Assets
Net Receivables	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Assets
Other Current Liab	+ 0.97	Total Current Assets
Other Stockholder Equity	+ 0.96	Capital Surpluse

Intangible Assets	- 0.84	Total Current Assets
Intangible Assets	- 0.83	Short Long Term Debt Total
Other Current Liab	- 0.82	Intangible Assets
Cash	- 0.79	Intangible Assets
Deferred Long Term Liab	- 0.79	Total Stockholder Equity
Common Stock	- 0.79	Total Stockholder Equity