Panasonic Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panasonic Corp Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Panasonic Corp's Retained Earnings and Total Current Liabilities is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings 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 Retained Earnings of Panasonic Corp 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 Retained Earnings i.e., Panasonic Corp's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Panasonic Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Panasonic Corp 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 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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