Postal Total Current Assets vs Cash Analysis

601658 Stock   5.24  0.04  0.77%   
Postal Savings financial indicator trend analysis is much more than just breaking down Postal Savings Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Postal Savings Bank is a good investment. Please check the relationship between Postal Savings Total Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Postal Savings Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Postal Savings Bank Total Current Assets account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Postal Savings' Total Current Assets and Cash is 0.17. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Postal Savings Bank, assuming nothing else is changed. The correlation between historical values of Postal Savings' Total Current Assets 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 Total Current Assets of Postal Savings Bank 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 Total Current Assets i.e., Postal Savings' Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Cash

Cash refers to the most liquid asset of Postal Savings Bank, which is listed under current asset account on Postal Savings Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Postal Savings customers. The amounts must be unrestricted with restricted cash listed in a different Postal Savings 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 Postal Savings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Postal Savings Bank 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 Postal Savings Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 26, 2024, Tax Provision is expected to decline to about 4.2 B. In addition to that, Selling General Administrative is expected to decline to about 33.2 M
 2021 2022 2023 2024 (projected)
Net Interest Income269.4B273.6B281.8B261.0B
Tax Provision4.9B6.0B5.2B4.2B

Postal Savings fundamental ratios Correlations

-0.531.00.990.860.990.741.0-0.10.990.02-0.56-0.590.931.00.960.950.960.960.970.950.990.89-0.680.880.94
-0.53-0.52-0.51-0.22-0.55-0.4-0.530.6-0.50.610.190.66-0.63-0.53-0.59-0.34-0.56-0.58-0.52-0.62-0.58-0.570.41-0.6-0.61
1.0-0.520.980.840.990.711.0-0.040.990.03-0.52-0.550.911.00.950.960.970.960.960.930.990.86-0.660.850.92
0.99-0.510.980.890.990.790.99-0.140.990.02-0.53-0.590.920.990.970.930.930.930.990.930.970.84-0.580.870.92
0.86-0.220.840.890.870.760.850.010.860.36-0.39-0.380.790.850.790.870.750.80.90.820.820.69-0.370.790.79
0.99-0.550.990.990.870.760.99-0.080.990.02-0.48-0.540.910.990.960.940.960.940.970.920.980.83-0.60.850.91
0.74-0.40.710.790.760.760.72-0.350.78-0.02-0.3-0.480.730.740.810.620.670.560.790.680.640.59-0.370.710.67
1.0-0.531.00.990.850.990.72-0.060.990.02-0.52-0.560.911.00.960.950.960.960.970.930.990.86-0.650.850.92
-0.10.6-0.04-0.140.01-0.08-0.35-0.06-0.120.750.110.78-0.26-0.1-0.280.170.02-0.11-0.21-0.28-0.07-0.17-0.03-0.29-0.17
0.99-0.50.990.990.860.990.780.99-0.12-0.02-0.5-0.590.890.990.980.930.930.920.980.910.960.81-0.580.830.89
0.020.610.030.020.360.02-0.020.020.75-0.02-0.020.62-0.010.02-0.190.270.06-0.01-0.02-0.040.00.03-0.070.020.03
-0.560.19-0.52-0.53-0.39-0.48-0.3-0.520.11-0.5-0.020.48-0.7-0.56-0.48-0.59-0.52-0.56-0.44-0.61-0.55-0.690.62-0.69-0.69
-0.590.66-0.55-0.59-0.38-0.54-0.48-0.560.78-0.590.620.48-0.65-0.59-0.7-0.38-0.44-0.63-0.63-0.72-0.58-0.630.39-0.66-0.62
0.93-0.630.910.920.790.910.730.91-0.260.89-0.01-0.7-0.650.930.870.880.90.910.880.970.930.94-0.720.980.99
1.0-0.531.00.990.850.990.741.0-0.10.990.02-0.56-0.590.930.960.950.960.960.970.950.990.89-0.680.880.95
0.96-0.590.950.970.790.960.810.96-0.280.98-0.19-0.48-0.70.870.960.850.890.890.970.90.930.8-0.570.820.86
0.95-0.340.960.930.870.940.620.950.170.930.27-0.59-0.380.880.950.850.930.920.890.890.950.86-0.690.840.92
0.96-0.560.970.930.750.960.670.960.020.930.06-0.52-0.440.90.960.890.930.910.890.880.960.87-0.750.820.91
0.96-0.580.960.930.80.940.560.96-0.110.92-0.01-0.56-0.630.910.960.890.920.910.920.970.990.9-0.670.880.94
0.97-0.520.960.990.90.970.790.97-0.210.98-0.02-0.44-0.630.880.970.970.890.890.920.920.940.79-0.50.840.88
0.95-0.620.930.930.820.920.680.93-0.280.91-0.04-0.61-0.720.970.950.90.890.880.970.920.950.94-0.690.950.98
0.99-0.580.990.970.820.980.640.99-0.070.960.0-0.55-0.580.930.990.930.950.960.990.940.950.9-0.690.880.95
0.89-0.570.860.840.690.830.590.86-0.170.810.03-0.69-0.630.940.890.80.860.870.90.790.940.9-0.870.940.97
-0.680.41-0.66-0.58-0.37-0.6-0.37-0.65-0.03-0.58-0.070.620.39-0.72-0.68-0.57-0.69-0.75-0.67-0.5-0.69-0.69-0.87-0.67-0.76
0.88-0.60.850.870.790.850.710.85-0.290.830.02-0.69-0.660.980.880.820.840.820.880.840.950.880.94-0.670.98
0.94-0.610.920.920.790.910.670.92-0.170.890.03-0.69-0.620.990.950.860.920.910.940.880.980.950.97-0.760.98
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Postal Savings Account Relationship Matchups

Postal Savings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2T11.4T12.6T14.1T15.7T12.5T
Other Current Liab12.9B10.5B4.3B2.9B2.6B2.5B
Total Current Liabilities9.6T10.6T11.7T13.1T15.1T11.0T
Total Stockholder Equity543.9B671.8B794.1B824.2B954.9B693.1B
Other Liab30.8B31.7B49.3B38.5B44.3B34.9B
Net Tangible Assets493.9B621.6B744.1B818.8B941.6B600.9B
Retained Earnings310.0B353.3B406.3B462.5B249.3B339.9B
Accounts Payable9.4T10.4T11.5T12.8T14.7T10.8T
Cash1.5T1.5T1.6T1.7T1.8T1.3T
Other Assets4.9T5.6T6.3T7.1T8.1T5.5T
Net Receivables4.6B5.4B7.2B7.7B6.9B5.5B
Inventory763M626M668M655M589.5M533.4M
Other Current Assets1.1T1.1T1.1T1.2T1.1T942.0B
Other Stockholder Equity5.8B86.2B125.5B147.3B169.4B177.9B
Total Liab9.7T10.7T11.8T13.2T14.8T11.8T
Long Term Investments3.7T3.9T4.4T5.0T5.4T4.0T
Total Current Assets1.9T2.2T2.6T2.8T3.3T2.5T
Intangible Assets2.1B4.3B4.1B7.3B7.8B4.2B
Property Plant Equipment57.6B61.0B67.2B65.7B75.6B59.7B
Net Invested Capital593.0B681.9B827.6B926.1B1.2T818.0B
Deferred Long Term Liab1.2B1.3B2.6B4.3B4.9B5.2B
Capital Stock134.1B134.8B140.3B92.4B99.2B97.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Postal Stock

Balance Sheet is a snapshot of the financial position of Postal Savings Bank at a specified time, usually calculated after every quarter, six months, or one year. Postal Savings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Postal Savings 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 Postal currently owns. An asset can also be divided into two categories, current and non-current.