PGE Other Current Assets vs Long Term Debt 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 Other Current Assets and its Long Term Debt 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.

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Polska Grupa Other Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between PGE Polska's Other Current Assets and Long Term Debt is 0.28. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Debt 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 Other Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of PGE Polska Grupa are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Assets i.e., PGE Polska's Other Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

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Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Debt

Long-term debt is a debt that PGE Polska Grupa has held for over one year. Long-term debt appears on PGE Polska Grupa balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PGE Polska Grupa balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

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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

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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.

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PGE Other Current Assets vs Long Term Debt Analysis

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Other Current Assets

Long Term Debt

PGE Polska fundamental ratios Correlations

PGE Polska Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PGE Polska fundamental ratios Accounts

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Additional Tools for PGE Stock Analysis

COMMON DESTINATIONS

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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