Penske Net Debt vs Cash And Equivalents Analysis

PAG Stock

USD 162.80 1.89 1.17%

Penske Automotive financial indicator trend analysis is much more than just breaking down Penske Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Penske Automotive is a good investment. Please check the relationship between Penske Automotive Net Debt and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penske Automotive Group. 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.

Net Debt vs Cash And Equivalents

Net Debt vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Penske Automotive Net Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Penske Automotive's Net Debt and Cash And Equivalents is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Penske Automotive Group, assuming nothing else is changed. The correlation between historical values of Penske Automotive's Net Debt and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Penske Automotive Group are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Net Debt i.e., Penske Automotive's Net Debt and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Equivalents

Most indicators from Penske Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Penske Automotive 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penske Automotive Group. 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.

At this time, Penske Automotive's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Penske Automotive's current Enterprise Value Multiple is estimated to increase to 12.71, while Tax Provision is projected to decrease to roughly 239.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.4B	4.8B	4.9B	5.2B
Total Revenue	25.6B	27.8B	29.5B	31.0B

Gross Profit Total Revenue

Penske Automotive fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant And Equipment Gross	Common Stock	Other Liab
Total Assets		0.98	0.72	0.93	0.96	0.95	0.98	0.94	0.98	0.74	0.98	0.21	0.74	0.9	0.34	0.97	0.72	0.7	-0.53	0.99	0.73	0.65	0.4	0.95	0.4	0.94
Short Long Term Debt Total	0.98		0.58	0.95	0.88	0.91	1.0	0.85	0.94	0.6	0.94	0.3	0.6	0.92	0.4	0.96	0.79	0.65	-0.41	1.0	0.79	0.74	0.49	0.89	0.43	0.9
Other Current Liab	0.72	0.58		0.45	0.86	0.84	0.57	0.87	0.74	0.84	0.81	-0.1	0.84	0.44	-0.02	0.74	0.18	0.63	-0.76	0.64	0.21	0.06	0.01	0.85	0.29	0.72
Total Current Liabilities	0.93	0.95	0.45		0.83	0.77	0.95	0.77	0.92	0.59	0.84	0.27	0.59	0.99	0.54	0.84	0.85	0.66	-0.23	0.95	0.85	0.83	0.5	0.77	0.29	0.85
Total Stockholder Equity	0.96	0.88	0.86	0.83		0.95	0.87	0.99	0.97	0.87	0.97	0.04	0.87	0.81	0.25	0.92	0.56	0.71	-0.64	0.92	0.58	0.47	0.23	0.96	0.32	0.92
Property Plant And Equipment Net	0.95	0.91	0.84	0.77	0.95		0.9	0.95	0.91	0.74	0.99	0.15	0.74	0.73	0.15	0.98	0.55	0.64	-0.7	0.93	0.55	0.45	0.3	0.99	0.47	0.91
Net Debt	0.98	1.0	0.57	0.95	0.87	0.9		0.85	0.93	0.59	0.93	0.3	0.59	0.92	0.4	0.96	0.8	0.64	-0.41	0.99	0.79	0.75	0.5	0.89	0.43	0.9
Retained Earnings	0.94	0.85	0.87	0.77	0.99	0.95	0.85		0.95	0.85	0.97	0.01	0.85	0.76	0.13	0.92	0.51	0.66	-0.74	0.89	0.52	0.41	0.15	0.97	0.32	0.93
Accounts Payable	0.98	0.94	0.74	0.92	0.97	0.91	0.93	0.95		0.81	0.96	0.13	0.81	0.9	0.34	0.93	0.71	0.72	-0.53	0.96	0.72	0.64	0.34	0.91	0.31	0.94
Cash	0.74	0.6	0.84	0.59	0.87	0.74	0.59	0.85	0.81		0.76	-0.24	1.0	0.59	0.24	0.67	0.34	0.66	-0.55	0.66	0.37	0.25	0.01	0.77	0.09	0.68
Non Current Assets Total	0.98	0.94	0.81	0.84	0.97	0.99	0.93	0.97	0.96	0.76		0.18	0.76	0.8	0.22	0.99	0.62	0.67	-0.65	0.96	0.62	0.53	0.34	0.98	0.46	0.94
Non Currrent Assets Other	0.21	0.3	-0.1	0.27	0.04	0.15	0.3	0.01	0.13	-0.24	0.18		-0.24	0.17	0.21	0.26	0.41	-0.07	0.13	0.28	0.37	0.41	0.9	0.08	0.79	0.23
Cash And Short Term Investments	0.74	0.6	0.84	0.59	0.87	0.74	0.59	0.85	0.81	1.0	0.76	-0.24		0.59	0.24	0.67	0.34	0.66	-0.55	0.66	0.37	0.25	0.01	0.77	0.09	0.68
Net Receivables	0.9	0.92	0.44	0.99	0.81	0.73	0.92	0.76	0.9	0.59	0.8	0.17	0.59		0.56	0.8	0.82	0.68	-0.21	0.92	0.82	0.8	0.4	0.75	0.15	0.83
Common Stock Shares Outstanding	0.34	0.4	-0.02	0.54	0.25	0.15	0.4	0.13	0.34	0.24	0.22	0.21	0.24	0.56		0.22	0.45	0.41	0.53	0.38	0.46	0.51	0.54	0.14	0.03	0.14
Non Current Liabilities Total	0.97	0.96	0.74	0.84	0.92	0.98	0.96	0.92	0.93	0.67	0.99	0.26	0.67	0.8	0.22		0.66	0.64	-0.61	0.97	0.66	0.57	0.41	0.96	0.51	0.93
Inventory	0.72	0.79	0.18	0.85	0.56	0.55	0.8	0.51	0.71	0.34	0.62	0.41	0.34	0.82	0.45	0.66		0.65	0.0	0.77	1.0	0.99	0.59	0.51	0.35	0.65
Other Current Assets	0.7	0.65	0.63	0.66	0.71	0.64	0.64	0.66	0.72	0.66	0.67	-0.07	0.66	0.68	0.41	0.64	0.65		-0.19	0.67	0.7	0.61	0.16	0.64	0.09	0.57
Other Stockholder Equity	-0.53	-0.41	-0.76	-0.23	-0.64	-0.7	-0.41	-0.74	-0.53	-0.55	-0.65	0.13	-0.55	-0.21	0.53	-0.61	0.0	-0.19		-0.46	0.0	0.13	0.23	-0.71	-0.26	-0.66
Total Liab	0.99	1.0	0.64	0.95	0.92	0.93	0.99	0.89	0.96	0.66	0.96	0.28	0.66	0.92	0.38	0.97	0.77	0.67	-0.46		0.78	0.72	0.47	0.91	0.43	0.93
Total Current Assets	0.73	0.79	0.21	0.85	0.58	0.55	0.79	0.52	0.72	0.37	0.62	0.37	0.37	0.82	0.46	0.66	1.0	0.7	0.0	0.78		0.98	0.56	0.51	0.32	0.64
Short Term Debt	0.65	0.74	0.06	0.83	0.47	0.45	0.75	0.41	0.64	0.25	0.53	0.41	0.25	0.8	0.51	0.57	0.99	0.61	0.13	0.72	0.98		0.59	0.42	0.29	0.57
Intangible Assets	0.4	0.49	0.01	0.5	0.23	0.3	0.5	0.15	0.34	0.01	0.34	0.9	0.01	0.4	0.54	0.41	0.59	0.16	0.23	0.47	0.56	0.59		0.21	0.75	0.33
Property Plant And Equipment Gross	0.95	0.89	0.85	0.77	0.96	0.99	0.89	0.97	0.91	0.77	0.98	0.08	0.77	0.75	0.14	0.96	0.51	0.64	-0.71	0.91	0.51	0.42	0.21		0.39	0.91
Common Stock	0.4	0.43	0.29	0.29	0.32	0.47	0.43	0.32	0.31	0.09	0.46	0.79	0.09	0.15	0.03	0.51	0.35	0.09	-0.26	0.43	0.32	0.29	0.75	0.39		0.41
Other Liab	0.94	0.9	0.72	0.85	0.92	0.91	0.9	0.93	0.94	0.68	0.94	0.23	0.68	0.83	0.14	0.93	0.65	0.57	-0.66	0.93	0.64	0.57	0.33	0.91	0.41

Click cells to compare fundamentals

Penske Automotive Account Relationship Matchups

Penske Automotive fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.9B	13.2B	13.5B	14.1B	15.7B	16.5B
Short Long Term Debt Total	8.7B	7.2B	6.4B	7.0B	7.7B	8.1B
Other Current Liab	500K	767.7M	870.8M	788.1M	809.8M	850.3M
Total Current Liabilities	5.5B	4.7B	4.3B	4.7B	5.7B	5.9B
Total Stockholder Equity	2.8B	3.3B	4.1B	4.2B	4.7B	5.0B
Property Plant And Equipment Net	4.7B	4.8B	4.9B	4.9B	5.2B	5.4B
Net Debt	8.6B	7.1B	6.3B	6.8B	7.6B	8.0B
Retained Earnings	2.7B	3.2B	4.2B	4.5B	5.0B	5.2B
Accounts Payable	638.8M	675.4M	767.1M	853.5M	866.9M	910.2M
Cash	28.1M	49.5M	100.7M	106.5M	96.4M	101.2M
Non Current Assets Total	8.6B	8.8B	9.4B	9.5B	10.0B	10.5B
Non Currrent Assets Other	1.4B	1.5B	1.7B	(666.6M)	63.1M	59.9M
Cash And Short Term Investments	28.1M	49.5M	100.7M	106.5M	96.4M	101.2M
Net Receivables	960.3M	806.9M	734M	906.7M	1.1B	1.2B
Common Stock Shares Outstanding	82.5M	80.6M	79.7M	74.4M	68.0M	95.8M
Liabilities And Stockholders Equity	13.9B	13.2B	13.5B	14.1B	15.7B	16.5B
Non Current Liabilities Total	5.7B	5.2B	5.1B	5.2B	5.3B	5.5B
Inventory	4.3B	3.4B	3.1B	3.5B	4.3B	2.2B
Other Current Assets	85M	126.8M	111.7M	141.9M	175.6M	96.2M
Other Stockholder Equity	338.6M	311.8M	42.2M	26.8M	30.8M	29.3M
Total Liab	11.1B	9.9B	9.4B	9.9B	10.9B	11.5B
Total Current Assets	5.3B	4.4B	4.1B	4.7B	5.7B	2.9B
Short Term Debt	4.1B	3.2B	2.6B	3.1B	4.0B	2.1B
Intangible Assets	2.5B	2.5B	2.8B	690.9M	748.2M	1.3B
Property Plant And Equipment Gross	4.7B	4.8B	4.9B	4.9B	6.2B	6.5B
Accumulated Other Comprehensive Income	(202.8M)	(160.6M)	(168.8M)	(335.3M)	(264.1M)	(250.9M)
Common Stock	2.8B	3.3B	4.1B	7K	8.1K	7.6K
Other Liab	1.1B	1.3B	1.3B	1.3B	1.5B	1.6B
Other Assets	19.5M	1.5B	1.7B	1.7B	1.0	0.95
Long Term Debt	2.3B	1.6B	1.4B	1.5B	1.4B	1.3B
Property Plant Equipment	2.4B	2.4B	4.9B	2.5B	2.9B	3.0B
Good Will	1.9B	1.9B	2.1B	2.2B	2.2B	1.5B
Current Deferred Revenue	701.9M	767.2M	870.3M	291.7M	280.2M	409.2M
Net Tangible Assets	330.2M	810.7M	1.3B	1.3B	1.5B	1.6B
Noncontrolling Interest In Consolidated Entity	18.2M	23.6M	25M	26.8M	30.8M	24.7M
Retained Earnings Total Equity	2.7B	3.2B	4.2B	4.5B	5.2B	5.4B
Long Term Debt Total	2.3B	1.6B	1.4B	1.5B	1.8B	1.6B
Capital Surpluse	532.3M	477.8M	320.4M	311.8M	42.2M	0.0
Deferred Long Term Liab	677.9M	873.1M	1.1B	1.1B	1.3B	1.4B

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When determining whether Penske Automotive is a strong investment it is important to analyze Penske Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Penske Automotive's future performance. For an informed investment choice regarding Penske Stock, refer to the following important reports:

How To Invest In Penske

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Is Penske Stock a good investment?

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What is Penske Automotive's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penske Automotive Group. 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.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penske Automotive. If investors know Penske will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penske Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.14)

Dividend Share

4.09

Earnings Share

13.07

Revenue Per Share

447.96

Quarterly Revenue Growth

0.019

The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penske Automotive's market value can be influenced by many factors that don't directly affect Penske Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Penske Net Debt vs Cash And Equivalents Analysis

Net Debt vs Cash And Equivalents

Net Debt vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Equivalents

Penske Automotive fundamental ratios Correlations

Penske Automotive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Penske Automotive fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Inventory
Total Liab	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.76	Other Current Liab
Other Stockholder Equity	- 0.74	Retained Earnings
Property Plant And Equipment Gross	- 0.71	Other Stockholder Equity
Other Stockholder Equity	- 0.7	Property Plant And Equipment Net
Other Liab	- 0.66	Other Stockholder Equity
Other Stockholder Equity	- 0.65	Non Current Assets Total