Panasonic Total Current Assets vs Non Current Assets Total Analysis

0QYR Stock   1,551  0.00  0.00%   
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 Total Current Assets and its Non Current Assets Total 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.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panasonic Corp Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Panasonic Corp's Total Current Assets and Non Current Assets Total is 0.65. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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 Total Current Assets and Non Current Assets Total 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 Assets of Panasonic Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Panasonic Corp's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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

0.79-0.50.760.980.210.330.960.770.460.930.180.60.450.880.840.290.80.360.880.54-0.710.80.880.120.95
0.79-0.490.660.710.170.560.790.520.390.710.020.330.390.730.630.220.750.570.650.54-0.680.840.730.550.78
-0.5-0.49-0.45-0.45-0.47-0.29-0.48-0.26-0.29-0.48-0.28-0.17-0.29-0.43-0.23-0.6-0.41-0.37-0.25-0.340.35-0.56-0.42-0.29-0.34
0.760.66-0.450.670.090.260.710.860.450.620.20.540.440.760.540.460.830.080.80.35-0.780.820.790.360.71
0.980.71-0.450.670.20.280.970.750.410.920.180.540.410.890.840.220.750.260.850.53-0.670.670.850.030.93
0.210.17-0.470.090.20.610.07-0.25-0.480.490.61-0.06-0.480.120.490.1-0.160.490.16-0.050.30.35-0.20.450.24
0.330.56-0.290.260.280.610.290.02-0.520.520.24-0.03-0.530.420.580.20.170.520.460.22-0.080.50.00.660.5
0.960.79-0.480.710.970.070.290.80.480.860.070.510.480.920.740.240.830.210.850.56-0.780.670.90.10.91
0.770.52-0.260.860.75-0.250.020.80.550.560.030.580.550.820.490.380.87-0.160.810.46-0.870.570.89-0.040.72
0.460.39-0.290.450.41-0.48-0.520.480.550.15-0.240.381.00.3-0.010.230.580.020.170.32-0.610.360.77-0.190.23
0.930.71-0.480.620.920.490.520.860.560.150.30.530.140.790.940.210.620.490.850.42-0.480.760.650.180.95
0.180.02-0.280.20.180.610.240.070.03-0.240.30.28-0.240.110.260.040.070.050.10.37-0.070.18-0.020.180.15
0.60.33-0.170.540.54-0.06-0.030.510.580.380.530.280.380.30.420.210.680.230.590.41-0.610.550.56-0.290.57
0.450.39-0.290.440.41-0.48-0.530.480.551.00.14-0.240.380.3-0.020.220.570.020.170.32-0.610.350.77-0.190.22
0.880.73-0.430.760.890.120.420.920.820.30.790.110.30.30.750.320.740.050.870.47-0.730.610.810.260.87
0.840.63-0.230.540.840.490.580.740.49-0.010.940.260.42-0.020.750.120.490.460.840.31-0.350.680.520.180.92
0.290.22-0.60.460.220.10.20.240.380.230.210.040.210.220.320.120.270.160.280.24-0.30.450.350.020.19
0.80.75-0.410.830.75-0.160.170.830.870.580.620.070.680.570.740.490.270.160.760.57-0.950.730.880.140.77
0.360.57-0.370.080.260.490.520.21-0.160.020.490.050.230.020.050.460.160.160.170.220.040.640.110.270.38
0.880.65-0.250.80.850.160.460.850.810.170.850.10.590.170.870.840.280.760.170.36-0.680.710.720.150.94
0.540.54-0.340.350.53-0.050.220.560.460.320.420.370.410.320.470.310.240.570.220.36-0.580.40.580.00.46
-0.71-0.680.35-0.78-0.670.3-0.08-0.78-0.87-0.61-0.48-0.07-0.61-0.61-0.73-0.35-0.3-0.950.04-0.68-0.58-0.58-0.87-0.12-0.66
0.80.84-0.560.820.670.350.50.670.570.360.760.180.550.350.610.680.450.730.640.710.4-0.580.670.440.77
0.880.73-0.420.790.85-0.20.00.90.890.770.65-0.020.560.770.810.520.350.880.110.720.58-0.870.670.010.75
0.120.55-0.290.360.030.450.660.1-0.04-0.190.180.18-0.29-0.190.260.180.020.140.270.150.0-0.120.440.010.17
0.950.78-0.340.710.930.240.50.910.720.230.950.150.570.220.870.920.190.770.380.940.46-0.660.770.750.17
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 Liab1.3T1.2T1.4T1.4T1.1T1.1T
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 Other269.1B83.9B103.3B155.3B436.6B239.0B
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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