Panasonic Good Will vs Cash 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 Good Will and its Cash 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.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panasonic Corp Good Will account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Panasonic Corp's Good Will and Cash is -0.01. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash 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 Good Will 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 Good Will of Panasonic Corp 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 Good Will i.e., Panasonic Corp's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of Panasonic Corp, which is listed under current asset account on Panasonic Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Panasonic Corp customers. The amounts must be unrestricted with restricted cash listed in a different Panasonic Corp 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 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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