PGE Total Current Liabilities vs Cash 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 Total Current Liabilities and its Cash 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Polska Grupa Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between PGE Polska's Total Current Liabilities and Cash is 0.89. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash 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 Current Liabilities of PGE Polska Grupa are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., PGE Polska's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Cash

Cash refers to the most liquid asset of PGE Polska Grupa, which is listed under current asset account on PGE Polska Grupa balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from PGE Polska customers. The amounts must be unrestricted with restricted cash listed in a different PGE Polska account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Total Current Liabilities vs Cash Analysis

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash

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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COMMON DESTINATIONS

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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