PGE Other Current Liab vs Total Current Liabilities 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 Liab and its Total Current Liabilities 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 Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Polska Grupa Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PGE Polska's Other Current Liab and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Liab and Total Current Liabilities 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 Liab of PGE Polska Grupa are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., PGE Polska's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on PGE Polska balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PGE Polska Grupa are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Profit5.0B4.8B4.3B4.4B
Total Revenue37.6B45.8B52.6B35.3B

PGE Polska fundamental ratios Correlations

0.390.86-0.49-0.530.070.070.570.970.87-0.320.920.870.820.90.970.78-0.670.710.980.890.150.590.640.870.88
0.390.4-0.67-0.270.870.930.560.420.070.310.150.460.510.20.480.63-0.830.450.270.530.170.320.420.460.57
0.860.4-0.73-0.310.180.170.550.820.65-0.180.730.770.950.710.790.76-0.640.790.860.84-0.210.730.760.890.89
-0.49-0.67-0.730.3-0.58-0.63-0.37-0.4-0.15-0.03-0.31-0.41-0.73-0.25-0.42-0.480.62-0.79-0.45-0.480.21-0.59-0.59-0.65-0.79
-0.53-0.27-0.310.30.03-0.020.07-0.56-0.580.62-0.69-0.52-0.27-0.68-0.58-0.140.46-0.18-0.49-0.29-0.710.220.09-0.42-0.39
0.070.870.18-0.580.030.930.580.07-0.330.67-0.230.10.31-0.130.170.47-0.70.29-0.070.310.030.260.240.290.33
0.070.930.17-0.63-0.020.930.390.06-0.270.46-0.190.170.28-0.160.140.38-0.610.36-0.050.24-0.010.260.320.190.37
0.570.560.55-0.370.070.580.390.570.290.580.250.380.680.360.640.85-0.740.40.480.80.030.550.440.750.55
0.970.420.82-0.4-0.560.070.060.570.88-0.320.920.880.810.950.990.82-0.720.560.940.920.240.490.580.850.79
0.870.070.65-0.15-0.58-0.33-0.270.290.88-0.580.920.760.60.880.850.5-0.370.390.910.680.310.270.360.670.6
-0.320.31-0.18-0.030.620.670.460.58-0.32-0.58-0.64-0.41-0.01-0.5-0.230.22-0.21-0.14-0.420.03-0.190.13-0.050.0-0.17
0.920.150.73-0.31-0.69-0.23-0.190.250.920.92-0.640.850.640.960.880.55-0.470.540.940.710.250.370.470.70.72
0.870.460.77-0.41-0.520.10.170.380.880.76-0.410.850.660.840.860.68-0.620.60.880.760.150.450.590.660.77
0.820.510.95-0.73-0.270.310.280.680.810.6-0.010.640.660.660.80.86-0.740.710.790.91-0.160.710.740.930.85
0.90.20.71-0.25-0.68-0.13-0.160.360.950.88-0.50.960.840.660.920.66-0.590.420.890.790.330.320.420.740.66
0.970.480.79-0.42-0.580.170.140.640.990.85-0.230.880.860.80.920.83-0.780.550.920.920.320.450.530.870.79
0.780.630.76-0.48-0.140.470.380.850.820.50.220.550.680.860.660.83-0.840.550.690.97-0.050.680.720.810.73
-0.67-0.83-0.640.620.46-0.7-0.61-0.74-0.72-0.37-0.21-0.47-0.62-0.74-0.59-0.78-0.84-0.44-0.54-0.82-0.31-0.35-0.41-0.79-0.67
0.710.450.79-0.79-0.180.290.360.40.560.39-0.140.540.60.710.420.550.55-0.440.710.58-0.380.870.830.620.94
0.980.270.86-0.45-0.49-0.07-0.050.480.940.91-0.420.940.880.790.890.920.69-0.540.710.830.070.60.640.820.86
0.890.530.84-0.48-0.290.310.240.80.920.680.030.710.760.910.790.920.97-0.820.580.830.040.640.690.90.79
0.150.17-0.210.21-0.710.03-0.010.030.240.31-0.190.250.15-0.160.330.32-0.05-0.31-0.380.070.04-0.65-0.590.12-0.13
0.590.320.73-0.590.220.260.260.550.490.270.130.370.450.710.320.450.68-0.350.870.60.64-0.650.940.560.79
0.640.420.76-0.590.090.240.320.440.580.36-0.050.470.590.740.420.530.72-0.410.830.640.69-0.590.940.530.8
0.870.460.89-0.65-0.420.290.190.750.850.670.00.70.660.930.740.870.81-0.790.620.820.90.120.560.530.81
0.880.570.89-0.79-0.390.330.370.550.790.6-0.170.720.770.850.660.790.73-0.670.940.860.79-0.130.790.80.81
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PGE Polska Account Relationship Matchups

PGE Polska fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.2B75.9B77.7B81.6B93.8B82.5B
Short Long Term Debt Total8.4B6.4B10.9B10.0B11.5B10.0B
Total Current Liabilities11.8B15.0B21.8B35.3B40.6B42.6B
Total Stockholder Equity45.1B46.7B42.3B42.5B38.3B35.1B
Retained Earnings3.8B5.0B7.6B9.3B8.4B6.1B
Other Assets1.4B2.3B2.6B2.4B2.8B2.4B
Long Term Debt8.4B6.4B10.0B9.1B10.5B9.6B
Cash And Short Term Investments2.6B1.3B1.3B4.2B4.8B2.6B
Net Receivables3.8B4.5B4.5B5.1B5.8B4.3B
Good Will199M198M205M204M234.6M179.3M
Short Term Investments1.2B190M122M1.7B1.6B825.1M
Capital Surpluse15.3B19.9B19.7B18.4B21.2B19.1B
Inventory4.5B3.1B2.2B4.9B5.7B3.3B
Other Current Assets655M1.5B2.4B5.3B6.1B6.4B
Other Stockholder Equity19.8B19.3B18.4B20.8B23.9B14.4B
Total Liab27.1B29.2B35.4B39.1B44.9B34.2B
Total Current Assets9.1B12.6B15.1B22.7B26.1B14.9B
Intangible Assets833M848M530M442M397.8M527.5M
Property Plant Equipment61.0B63.1B62.1B65.7B75.6B66.7B
Other Liab11.8B13.1B10.2B9.3B8.4B8.6B

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