Popular Non Current Assets Total vs Property Plant And Equipment Net Analysis

BPOP Stock  USD 99.36  0.36  0.36%   
Popular financial indicator trend analysis is much more than just breaking down Popular prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Popular is a good investment. Please check the relationship between Popular Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Popular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Popular Stock, please use our How to Invest in Popular guide.

Non Current Assets Total vs Property Plant And Equipment Net

Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Popular Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Popular's Non Current Assets Total and Property Plant And Equipment Net is 0.48. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Popular, assuming nothing else is changed. The correlation between historical values of Popular's Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Popular are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Popular's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Popular's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Popular 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 Popular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Popular Stock, please use our How to Invest in Popular guide.At this time, Popular's Discontinued Operations is relatively stable compared to the past year. As of 11/29/2024, Tax Provision is likely to grow to about 88 M, while Enterprise Value Over EBITDA is likely to drop (0.56).
 2021 2022 2023 2024 (projected)
Interest Expense165.0M298.6M1.1B1.2B
Depreciation And Amortization66.2M61.3M65.9M61.1M

Popular fundamental ratios Correlations

-0.060.370.710.6-0.760.720.770.550.140.770.730.770.150.19-0.25-0.491.00.520.310.02-0.510.56-0.58-0.02-0.56
-0.060.10.350.450.45-0.46-0.37-0.36-0.16-0.24-0.250.320.84-0.230.760.2-0.09-0.170.470.40.490.67-0.630.450.48
0.370.1-0.020.15-0.270.350.30.430.340.150.40.36-0.240.35-0.080.00.390.47-0.130.65-0.530.11-0.110.05-0.53
0.710.35-0.020.73-0.440.290.480.16-0.150.620.450.680.69-0.050.08-0.240.670.120.58-0.170.00.79-0.820.28-0.06
0.60.450.150.73-0.110.40.170.480.390.10.060.820.590.440.080.20.570.520.110.060.060.83-0.84-0.02-0.01
-0.760.45-0.27-0.44-0.11-0.65-0.99-0.5-0.08-0.87-0.93-0.360.23-0.170.320.52-0.76-0.25-0.280.260.59-0.130.17-0.090.61
0.72-0.460.350.290.4-0.650.650.910.520.460.450.66-0.330.65-0.67-0.260.730.86-0.3-0.06-0.690.25-0.29-0.47-0.74
0.77-0.370.30.480.17-0.990.650.510.10.860.940.42-0.170.19-0.26-0.50.780.270.32-0.23-0.560.21-0.250.13-0.59
0.55-0.360.430.160.48-0.50.910.510.810.170.30.59-0.350.9-0.540.120.570.9-0.490.01-0.620.24-0.27-0.45-0.66
0.14-0.160.34-0.150.39-0.080.520.10.81-0.32-0.050.35-0.320.93-0.210.590.160.71-0.640.06-0.350.14-0.11-0.36-0.37
0.77-0.240.150.620.1-0.870.460.860.17-0.320.870.380.05-0.24-0.26-0.740.770.060.57-0.17-0.440.26-0.290.18-0.47
0.73-0.250.40.450.06-0.930.450.940.3-0.050.870.3-0.13-0.02-0.09-0.530.730.080.45-0.12-0.560.16-0.180.28-0.57
0.770.320.360.680.82-0.360.660.420.590.350.380.30.410.39-0.04-0.180.760.70.210.19-0.220.84-0.85-0.12-0.29
0.150.84-0.240.690.590.23-0.33-0.17-0.35-0.320.05-0.130.41-0.330.610.020.1-0.220.66-0.020.580.79-0.780.440.54
0.19-0.230.35-0.050.44-0.170.650.190.90.93-0.24-0.020.39-0.33-0.350.480.210.78-0.670.02-0.380.14-0.16-0.42-0.41
-0.250.76-0.080.080.080.32-0.67-0.26-0.54-0.21-0.26-0.09-0.040.61-0.350.18-0.27-0.520.580.10.610.34-0.280.560.63
-0.490.20.0-0.240.20.52-0.26-0.50.120.59-0.74-0.53-0.180.020.480.18-0.50.03-0.50.010.28-0.030.080.030.29
1.0-0.090.390.670.57-0.760.730.780.570.160.770.730.760.10.21-0.27-0.50.540.280.03-0.530.52-0.55-0.05-0.59
0.52-0.170.470.120.52-0.250.860.270.90.710.060.080.7-0.220.78-0.520.030.54-0.50.19-0.540.35-0.37-0.51-0.59
0.310.47-0.130.580.11-0.28-0.30.32-0.49-0.640.570.450.210.66-0.670.58-0.50.28-0.5-0.110.350.46-0.460.620.33
0.020.40.65-0.170.060.26-0.06-0.230.010.06-0.17-0.120.19-0.020.020.10.010.030.19-0.11-0.250.05-0.03-0.16-0.24
-0.510.49-0.530.00.060.59-0.69-0.56-0.62-0.35-0.44-0.56-0.220.58-0.380.610.28-0.53-0.540.35-0.250.13-0.110.361.0
0.560.670.110.790.83-0.130.250.210.240.140.260.160.840.790.140.34-0.030.520.350.460.050.13-0.990.220.06
-0.58-0.63-0.11-0.82-0.840.17-0.29-0.25-0.27-0.11-0.29-0.18-0.85-0.78-0.16-0.280.08-0.55-0.37-0.46-0.03-0.11-0.99-0.19-0.04
-0.020.450.050.28-0.02-0.09-0.470.13-0.45-0.360.180.28-0.120.44-0.420.560.03-0.05-0.510.62-0.160.360.22-0.190.36
-0.560.48-0.53-0.06-0.010.61-0.74-0.59-0.66-0.37-0.47-0.57-0.290.54-0.410.630.29-0.59-0.590.33-0.241.00.06-0.040.36
Click cells to compare fundamentals

Popular Account Relationship Matchups

Popular fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.1B65.9B75.1B67.6B70.8B39.4B
Short Long Term Debt Total1.5B1.4B1.1B1.3B1.1B1.1B
Total Current Liabilities113.8M828.6M213.8M490.2M530.9M504.4M
Total Stockholder Equity6.0B6.0B6.0B4.1B5.1B3.5B
Property Plant And Equipment Net556.7M510.2M492.2M498.7M702.5M521.8M
Net Debt(2.5B)(10.9B)(16.9B)(4.8B)(6.2B)(5.9B)
Retained Earnings2.1B2.3B3.0B3.8B4.2B4.4B
Cash3.7B12.1B18.0B6.1B7.4B7.8B
Non Current Assets Total19.4B23.2B26.6B28.2B62.7B65.8B
Non Currrent Assets Other(886.4M)(851.6M)(657.6M)(729.2M)52.5B55.1B
Cash And Short Term Investments21.3B33.7B42.9B23.8B7.4B6.9B
Net Receivables180.9M1.4B1.7B460.0M492.2M279.3M
Common Stock Shares Outstanding97.0M86.0M81.4M75.3M71.8M60.6M
Liabilities And Stockholders Equity52.1B65.9B75.1B67.6B70.8B39.4B
Non Current Liabilities Total1.1B1.2B988.6M490.2M19.0B20.0B
Other Current Assets4.3B12.7B18.7B6.7B8.2B7.8B
Other Stockholder Equity(459.8M)(1.0B)(6.0B)(6.8B)2.8B3.0B
Total Liab46.1B59.9B69.1B63.5B65.6B35.9B
Property Plant And Equipment Gross719.4M657.6M492.2M1.2B1.3B1.4B
Total Current Assets21.5B35.1B44.5B25.8B8.1B7.7B
Short Term Debt366.2M209.6M75M365M218.5M207.6M
Other Current Liab(113.8M)(828.6M)(138.8M)(125.2M)382.4M363.3M
Accumulated Other Comprehensive Income4.3B4.8B4.3B2.3B(1.9B)(1.8B)
Common Stock1.0M1.0M1.0M1.0M1.0M995.6K
Common Stock Total Equity1.0M1.0M1.0M1.0M942.3K895.2K
Other Liab341.1M1.7B959.0M238.6M274.4M260.7M
Accounts Payable113.8M828.6M138.8M125.2M148.5M141.0M
Other Assets11.3B7.6B4.0B13.6B(17.9B)(17.0B)
Long Term Debt1.1B1.2B988.6M886.7M986.9M937.6M
Short Term Investments17.6B21.6B25.0B17.8B(17.9B)(17.0B)
Inventory(4.3B)(12.7B)(18.6B)(6.4B)(992.5M)(1.0B)
Treasury Stock(459.8M)(1.0B)(1.4B)(2.0B)(1.8B)(1.7B)
Intangible Assets179.7M140.9M134.9M141.3M127.9M121.5M
Property Plant Equipment678.7M593.4M492.2M587.8M676.0M676.5M
Net Tangible Assets5.3B5.3B5.2B3.2B3.7B4.7B
Retained Earnings Total Equity2.1B2.3B3.0B3.8B4.4B4.6B
Long Term Debt Total1.1B1.2B988.6M886.7M798.0M1.3B
Capital Surpluse4.4B4.6B4.7B4.8B5.5B4.8B

Pair Trading with Popular

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Popular position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Popular will appreciate offsetting losses from the drop in the long position's value.

Moving against Popular Stock

  0.32CFG-PH Citizens Financial Group,PairCorr
The ability to find closely correlated positions to Popular could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Popular when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Popular - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Popular to buy it.
The correlation of Popular is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Popular moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Popular moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Popular can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Popular Stock Analysis

When running Popular's price analysis, check to measure Popular's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Popular is operating at the current time. Most of Popular's value examination focuses on studying past and present price action to predict the probability of Popular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Popular's price. Additionally, you may evaluate how the addition of Popular to your portfolios can decrease your overall portfolio volatility.