Palo Non Current Liabilities Total vs Net Receivables Analysis

PANW Stock  USD 383.36  14.34  3.61%   
Palo Alto financial indicator trend analysis is much more than just breaking down Palo Alto Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palo Alto Networks is a good investment. Please check the relationship between Palo Alto Non Current Liabilities Total and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. 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.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palo Alto Networks Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Palo Alto's Non Current Liabilities Total and Net Receivables is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Palo Alto Networks, assuming nothing else is changed. The correlation between historical values of Palo Alto's Non Current Liabilities Total and Net Receivables 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 Liabilities Total of Palo Alto Networks are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Palo Alto's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Net Receivables

Most indicators from Palo Alto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palo Alto Networks 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 Palo Alto Networks. 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 this time, Palo Alto's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.12 in 2024, despite the fact that Tax Provision is likely to grow to (1.5 B).
 2021 2022 2023 2024 (projected)
Interest Expense27.4M27.2M8.3M7.9M
Depreciation And Amortization337M332.1M283.3M150.3M

Palo Alto fundamental ratios Correlations

0.690.70.670.480.680.720.680.41-0.150.720.570.620.490.660.720.640.770.710.330.69-0.130.710.570.10.76
0.690.980.940.840.990.960.990.370.310.930.510.990.910.990.620.980.910.970.280.99-0.410.990.940.180.95
0.70.980.980.730.980.970.980.530.150.950.540.950.840.980.660.960.890.950.340.99-0.431.00.890.220.96
0.670.940.980.650.960.920.960.580.10.960.50.910.80.970.620.960.820.870.390.97-0.390.970.820.20.93
0.480.840.730.650.820.70.82-0.130.710.650.20.90.910.80.270.820.760.820.070.8-0.260.750.890.030.69
0.680.990.980.960.820.931.00.380.30.940.440.980.870.990.560.990.890.940.391.0-0.410.980.90.180.93
0.720.960.970.920.70.930.940.510.090.910.680.910.820.940.760.910.910.980.270.95-0.450.980.90.210.98
0.680.990.980.960.821.00.940.40.290.940.450.980.881.00.570.990.890.940.361.0-0.410.990.910.180.94
0.410.370.530.58-0.130.380.510.4-0.60.520.390.280.120.440.530.360.330.350.330.43-0.160.490.20.270.49
-0.150.310.150.10.710.30.090.29-0.60.06-0.350.440.580.28-0.390.350.110.24-0.220.260.010.170.47-0.040.05
0.720.930.950.960.650.940.910.940.520.060.530.870.770.930.70.930.880.880.440.95-0.470.950.780.180.95
0.570.510.540.50.20.440.680.450.39-0.350.530.380.370.440.930.390.60.64-0.010.48-0.350.580.490.160.71
0.620.990.950.910.90.980.910.980.280.440.870.380.930.980.480.980.860.940.270.98-0.360.950.950.160.89
0.490.910.840.80.910.870.820.880.120.580.770.370.930.860.430.880.750.86-0.070.87-0.330.850.970.130.81
0.660.990.980.970.80.990.941.00.440.280.930.440.980.860.550.990.860.930.381.0-0.390.980.890.20.93
0.720.620.660.620.270.560.760.570.53-0.390.70.930.480.430.550.50.740.710.110.6-0.410.680.540.190.82
0.640.980.960.960.820.990.910.990.360.350.930.390.980.880.990.50.840.910.390.99-0.390.970.890.160.9
0.770.910.890.820.760.890.910.890.330.110.880.60.860.750.860.740.840.940.290.89-0.570.90.830.180.93
0.710.970.950.870.820.940.980.940.350.240.880.640.940.860.930.710.910.940.230.94-0.440.960.940.210.96
0.330.280.340.390.070.390.270.360.33-0.220.44-0.010.27-0.070.380.110.390.290.230.37-0.150.33-0.030.110.28
0.690.990.990.970.81.00.951.00.430.260.950.480.980.871.00.60.990.890.940.37-0.410.990.90.190.95
-0.13-0.41-0.43-0.39-0.26-0.41-0.45-0.41-0.160.01-0.47-0.35-0.36-0.33-0.39-0.41-0.39-0.57-0.44-0.15-0.41-0.43-0.38-0.4-0.46
0.710.991.00.970.750.980.980.990.490.170.950.580.950.850.980.680.970.90.960.330.99-0.430.90.210.98
0.570.940.890.820.890.90.90.910.20.470.780.490.950.970.890.540.890.830.94-0.030.9-0.380.90.150.87
0.10.180.220.20.030.180.210.180.27-0.040.180.160.160.130.20.190.160.180.210.110.19-0.40.210.150.2
0.760.950.960.930.690.930.980.940.490.050.950.710.890.810.930.820.90.930.960.280.95-0.460.980.870.2
Click cells to compare fundamentals

Palo Alto Account Relationship Matchups

Palo Alto fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding290.7M289.2M295.5M342.3M354M269.5M
Total Assets9.1B10.2B12.3B14.5B20.0B21.0B
Other Current Liab521.1M760M860.3M939.1M1.1B1.1B
Total Current Liabilities2.7B5.1B8.3B7.7B7.7B8.1B
Total Stockholder Equity1.1B763.6M210M1.7B5.2B5.4B
Other Liab1.9B2.5B3.5B4.7B5.4B5.7B
Property Plant And Equipment Net606.8M581.3M599.8M617.8M747M784.4M
Current Deferred Revenue2.0B2.7B3.6B4.7B5.5B5.8B
Net Debt462.7M1.7B1.8B1.1B(136.5M)(129.7M)
Retained Earnings(1.2B)(1.7B)(1.7B)(1.2B)1.4B1.4B
Accounts Payable63.6M56.9M128M132.3M116.3M122.1M
Cash3.0B1.9B2.1B1.1B1.5B1.2B
Non Current Assets Total3.9B5.6B5.8B8.5B13.1B13.8B
Non Currrent Assets Other603.9M421.4M1.1B344.8M2.1B2.2B
Other Assets513.8M916M1.1B1.4B1.6B1.7B
Cash And Short Term Investments3.7B2.9B3.6B2.4B2.6B1.9B
Net Receivables1.0B1.2B2.1B2.9B3.3B3.5B
Common Stock Total Equity2.3B2.3B1.9B3.0B3.5B3.6B
Liabilities And Stockholders Equity9.1B10.2B12.3B14.5B20.0B21.0B
Non Current Liabilities Total5.3B4.4B3.7B5.0B7.1B7.5B
Other Current Assets344.3M505.8M637.9M806M926.4M972.7M
Other Stockholder Equity(500K)129.1M(55.6M)(43.2M)(38.9M)(36.9M)
Total Liab8.0B9.5B12.0B12.8B14.8B15.6B
Property Plant And Equipment Gross606.8M581.3M599.8M354.5M1.3B1.4B
Total Current Assets5.1B4.6B6.4B6.0B6.8B7.2B
Accumulated Other Comprehensive Income10.5M(9.9M)(55.6M)(43.2M)(1.6M)(1.7M)
Common Stock2.3B2.3B1.9B3.0B3.8B4.0B
Property Plant Equipment606.8M581.3M599.8M354.5M407.7M252.9M
Intangible Assets358.2M498.6M384.5M315.4M374.9M216.0M
Net Tangible Assets(1.2B)(2.6B)(2.9B)1.7B1.6B1.7B
Long Term Debt1.4B1.4B3.1B1.7B1.9B1.1B
Good Will1.8B2.7B2.7B2.9B3.4B3.5B
Retained Earnings Total Equity(1.2B)(1.7B)(1.7B)(1.2B)(1.1B)(1.2B)
Short Term Investments789.8M1.0B1.5B1.3B1.0B934.3M

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