Panasonic Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

0QYR Stock   1,479  57.00  3.71%   
Panasonic Corp financial indicator trend analysis is much more than just breaking down Panasonic Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panasonic Corp is a good investment. Please check the relationship between Panasonic Corp Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Panasonic Corp. 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.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panasonic Corp Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Panasonic Corp's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.22. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Panasonic Corp, assuming nothing else is changed. The correlation between historical values of Panasonic Corp's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Panasonic Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Panasonic Corp's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Panasonic Corp balance sheet. This account contains Panasonic Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Panasonic Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Panasonic Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panasonic Corp 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 Panasonic Corp. 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 75.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.9 T in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.4T8.4T8.5T8.4T
Depreciation And Amortization339.1B382.3B400.0B356.8B

Panasonic Corp fundamental ratios Correlations

0.790.390.760.980.210.330.960.770.460.930.470.60.450.880.840.290.80.360.880.54-0.710.80.880.120.95
0.79-0.080.660.710.170.560.790.520.390.710.220.330.390.730.630.220.750.570.650.54-0.680.840.730.550.78
0.39-0.080.320.390.320.050.220.34-0.050.470.670.51-0.040.240.530.360.10.080.430.22-0.040.290.22-0.340.38
0.760.660.320.670.090.260.710.860.450.620.470.540.440.760.540.460.830.080.80.35-0.780.820.790.360.71
0.980.710.390.670.20.280.970.750.410.920.430.540.410.890.840.220.750.260.850.53-0.670.670.850.030.93
0.210.170.320.090.20.610.07-0.25-0.480.490.59-0.06-0.480.120.490.1-0.160.490.16-0.050.30.35-0.20.450.24
0.330.560.050.260.280.610.290.02-0.520.520.29-0.03-0.530.420.580.20.170.520.460.22-0.080.50.00.660.5
0.960.790.220.710.970.070.290.80.480.860.340.510.480.920.740.240.830.210.850.56-0.780.670.90.10.91
0.770.520.340.860.75-0.250.020.80.550.560.310.580.550.820.490.380.87-0.160.810.46-0.870.570.89-0.040.72
0.460.39-0.050.450.41-0.48-0.520.480.550.150.050.381.00.3-0.010.230.580.020.170.32-0.610.360.77-0.190.23
0.930.710.470.620.920.490.520.860.560.150.520.530.140.790.940.210.620.490.850.42-0.480.760.650.180.95
0.470.220.670.470.430.590.290.340.310.050.520.390.060.360.40.680.270.260.340.4-0.230.510.310.080.35
0.60.330.510.540.54-0.06-0.030.510.580.380.530.390.380.30.420.210.680.230.590.41-0.610.550.56-0.290.57
0.450.39-0.040.440.41-0.48-0.530.480.551.00.140.060.380.3-0.020.220.570.020.170.32-0.610.350.77-0.190.22
0.880.730.240.760.890.120.420.920.820.30.790.360.30.30.750.320.740.050.870.47-0.730.610.810.260.87
0.840.630.530.540.840.490.580.740.49-0.010.940.40.42-0.020.750.120.490.460.840.31-0.350.680.520.180.92
0.290.220.360.460.220.10.20.240.380.230.210.680.210.220.320.120.270.160.280.24-0.30.450.350.020.19
0.80.750.10.830.75-0.160.170.830.870.580.620.270.680.570.740.490.270.160.760.57-0.950.730.880.140.77
0.360.570.080.080.260.490.520.21-0.160.020.490.260.230.020.050.460.160.160.170.220.040.640.110.270.38
0.880.650.430.80.850.160.460.850.810.170.850.340.590.170.870.840.280.760.170.36-0.680.710.720.150.94
0.540.540.220.350.53-0.050.220.560.460.320.420.40.410.320.470.310.240.570.220.36-0.580.40.580.00.46
-0.71-0.68-0.04-0.78-0.670.3-0.08-0.78-0.87-0.61-0.48-0.23-0.61-0.61-0.73-0.35-0.3-0.950.04-0.68-0.58-0.58-0.87-0.12-0.66
0.80.840.290.820.670.350.50.670.570.360.760.510.550.350.610.680.450.730.640.710.4-0.580.670.440.77
0.880.730.220.790.85-0.20.00.90.890.770.650.310.560.770.810.520.350.880.110.720.58-0.870.670.010.75
0.120.55-0.340.360.030.450.660.1-0.04-0.190.180.08-0.29-0.190.260.180.020.140.270.150.0-0.120.440.010.17
0.950.780.380.710.930.240.50.910.720.230.950.350.570.220.870.920.190.770.380.940.46-0.660.770.750.17
Click cells to compare fundamentals

Panasonic Corp Account Relationship Matchups

Panasonic Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2T6.8T8.0T8.1T9.4T7.2T
Short Long Term Debt Total1.5T1.4T1.9T1.5T1.6T1.4T
Other Current Liab1.3T1.2T1.4T1.4T1.6T1.5T
Total Current Liabilities2.6T2.8T3.1T2.9T3.1T3.1T
Total Stockholder Equity2.0T2.6T3.2T3.6T4.5T2.5T
Property Plant And Equipment Net1.3T1.3T1.4T1.4T1.8T1.6T
Net Debt454.8B(145.8B)691.4B637.6B506.7B532.0B
Retained Earnings1.6T2.2T2.4T2.6T3.0T1.8T
Accounts Payable969.7B1.0T1.2T1.2T1.2T1.1T
Cash1.0T1.6T1.2T819.5B1.1T1.1T
Non Current Assets Total2.8T2.9T4.0T4.3T5.3T3.5T
Non Currrent Assets Other269.1B83.9B103.3B155.3B813.5B854.1B
Other Assets344.2B239.9B323.1B405.3B466.1B361.4B
Cash And Short Term Investments1.0T1.6T1.2T819.5B1.1T1.1T
Net Receivables1.1T1.2T1.3T1.3T1.4T1.2T
Good Will322.0B304.9B994.7B1.1T1.2T626.2B
Common Stock Shares Outstanding2.3B2.3B2.3B2.3B2.3B2.6B
Short Term Investments148.4B149.6B210.6B169.7B227.5B140.4B
Liabilities And Stockholders Equity6.2T6.8T8.0T8.1T9.4T7.2T
Non Current Liabilities Total1.4T1.3T1.6T1.4T1.6T1.5T
Inventory793.5B832.6B1.1T1.3T1.2T1.0T
Other Current Assets574.6B302.6B368.0B372.0B463.2B388.0B
Other Stockholder Equity321.0B319.4B316.3B306.6B299.1B414.6B
Total Liab4.1T4.1T4.7T4.3T4.7T4.6T
Total Current Assets3.4T3.9T4.0T3.8T4.2T3.7T
Accumulated Other Comprehensive Income(228.0B)(138.4B)202.2B463.8B947.5B994.9B
Short Term Debt315.0B369.1B493.4B219.1B330.9B322.4B
Intangible Assets298.6B297.2B685.3B718.6B781.3B409.6B
Common Stock258.9B259.0B259.2B259.3B259.4B284.8B
Current Deferred Revenue95.3B113.0B174.3B191.4B240.2B141.4B
Long Term Debt852.6B600.8B953.8B879.7B1.0T927.4B
Capital Surpluse527.4B528.9B531.0B529.2B476.2B440.5B
Treasury Stock(210.7B)(210.6B)(210.0B)(209.8B)(241.2B)(253.3B)
Property Plant Equipment1.4T1.3T1.3T1.3T1.2T1.1T

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