601319 Stock | | | 7.11 0.11 1.57% |
Peoples Insurance financial indicator trend analysis is much more than just breaking down Peoples Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peoples Insurance is a good investment. Please check the relationship between Peoples Insurance Dividends Paid and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Peoples Insurance of. 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.
Dividends Paid vs Depreciation
Dividends Paid vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Peoples Insurance Dividends Paid account and
Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Peoples Insurance's Dividends Paid and Depreciation is 0.83. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Depreciation in the same time period over historical financial statements of Peoples Insurance of, assuming nothing else is changed. The correlation between historical values of Peoples Insurance's Dividends Paid and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Peoples Insurance of are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Dividends Paid i.e., Peoples Insurance's Dividends Paid and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Depreciation
Depreciation indicates how much of Peoples Insurance value has been used up. For tax purposes Peoples Insurance can deduct the cost of the tangible assets it purchases as business expenses. However, Peoples Insurance of must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Peoples Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peoples Insurance 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 Peoples Insurance of. 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.
At present, Peoples Insurance's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 3.7
B, whereas
Issuance Of Capital Stock is forecasted to decline to about 1.7
B.
Peoples Insurance fundamental ratios Correlations
Click cells to compare fundamentals
Peoples Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peoples Insurance fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Peoples Stock
Balance Sheet is a snapshot of the
financial position of Peoples Insurance at a specified time, usually calculated after every quarter, six months, or one year. Peoples Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Peoples Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Peoples currently owns. An asset can also be divided into two categories, current and non-current.