Par Net Debt vs Cash Analysis

PAR Stock

288.35 4.15 1.42%

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

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Par Drugs And Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Par Drugs' Net Debt and Cash is -0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Par Drugs And, assuming nothing else is changed. The correlation between historical values of Par Drugs' Net Debt 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 Net Debt of Par Drugs And 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 Net Debt i.e., Par Drugs' Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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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

Cash refers to the most liquid asset of Par Drugs And, which is listed under current asset account on Par Drugs And balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Par Drugs customers. The amounts must be unrestricted with restricted cash listed in a different Par Drugs 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 Par Drugs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Par Drugs And 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 Par Drugs And. 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.

As of November 27, 2024, Selling General Administrative is expected to decline to about 11.4 M. In addition to that, Tax Provision is expected to decline to about 29.1 M

	2021	2022	2023	2024 (projected)
Total Revenue	742.0M	951.0M	956.4M	669.2M
Depreciation And Amortization	32.8M	32.3M	34.4M	33.2M

Total Revenue Depreciation And Amortization

Par Drugs 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	Other Assets	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	Common Stock	Current Deferred Revenue	Other Liab
Total Assets		-0.65	0.72	-0.53	0.95	-0.31	-0.88	0.89	0.32	0.9	-0.32	-0.56	0.44	0.9	0.73	0.49	-0.8	-0.23	0.18	0.52	-0.71	0.98	-0.74	0.93	-0.26	0.82
Short Long Term Debt Total	-0.65		-0.41	0.94	-0.85	0.76	0.87	-0.7	-0.22	-0.68	0.76	0.23	0.02	-0.68	-0.81	-0.59	0.93	0.74	-0.17	-0.95	0.98	-0.78	0.96	-0.8	-0.18	-0.88
Other Current Liab	0.72	-0.41		-0.23	0.67	-0.22	-0.57	0.59	0.66	0.53	-0.23	-0.35	0.45	0.53	0.81	0.3	-0.59	0.15	-0.13	0.23	-0.47	0.72	-0.51	0.74	-0.38	0.42
Total Current Liabilities	-0.53	0.94	-0.23		-0.74	0.79	0.83	-0.7	-0.05	-0.65	0.79	0.27	0.2	-0.65	-0.7	-0.66	0.89	0.78	-0.25	-0.92	0.96	-0.63	0.93	-0.69	-0.07	-0.87
Total Stockholder Equity	0.95	-0.85	0.67	-0.74		-0.49	-0.94	0.89	0.29	0.87	-0.5	-0.47	0.28	0.87	0.83	0.6	-0.92	-0.43	0.19	0.73	-0.89	0.98	-0.89	0.97	-0.14	0.92
Property Plant And Equipment Net	-0.31	0.76	-0.22	0.79	-0.49		0.71	-0.58	-0.32	-0.58	1.0	0.19	0.15	-0.58	-0.63	-0.38	0.76	0.78	-0.16	-0.77	0.75	-0.43	0.79	-0.44	-0.22	-0.62
Net Debt	-0.88	0.87	-0.57	0.83	-0.94	0.71		-0.96	-0.31	-0.95	0.71	0.53	-0.18	-0.95	-0.81	-0.6	0.97	0.58	-0.21	-0.78	0.92	-0.91	0.95	-0.9	0.12	-0.95
Retained Earnings	0.89	-0.7	0.59	-0.7	0.89	-0.58	-0.96		0.29	0.98	-0.59	-0.61	0.2	0.98	0.73	0.61	-0.89	-0.42	0.23	0.61	-0.8	0.87	-0.84	0.86	-0.33	0.89
Accounts Payable	0.32	-0.22	0.66	-0.05	0.29	-0.32	-0.31	0.29		0.25	-0.32	-0.03	0.24	0.25	0.66	0.18	-0.35	0.0	-0.31	0.16	-0.23	0.35	-0.33	0.42	-0.29	0.14
Cash	0.9	-0.68	0.53	-0.65	0.87	-0.58	-0.95	0.98	0.25		-0.59	-0.64	0.29	1.0	0.66	0.48	-0.85	-0.45	0.24	0.6	-0.76	0.88	-0.8	0.81	-0.19	0.87
Non Current Assets Total	-0.32	0.76	-0.23	0.79	-0.5	1.0	0.71	-0.59	-0.32	-0.59		0.2	0.14	-0.59	-0.63	-0.38	0.77	0.78	-0.16	-0.77	0.76	-0.44	0.79	-0.45	-0.21	-0.63
Non Currrent Assets Other	-0.56	0.23	-0.35	0.27	-0.47	0.19	0.53	-0.61	-0.03	-0.64	0.2		-0.69	-0.64	-0.29	0.09	0.44	-0.09	0.15	0.0	0.34	-0.48	0.36	-0.49	0.31	-0.59
Other Assets	0.44	0.02	0.45	0.2	0.28	0.15	-0.18	0.2	0.24	0.29	0.14	-0.69		0.29	0.17	-0.51	-0.1	0.38	-0.32	-0.26	0.01	0.39	-0.02	0.31	0.0	0.2
Cash And Short Term Investments	0.9	-0.68	0.53	-0.65	0.87	-0.58	-0.95	0.98	0.25	1.0	-0.59	-0.64	0.29		0.66	0.48	-0.85	-0.45	0.24	0.6	-0.76	0.88	-0.8	0.81	-0.19	0.87
Net Receivables	0.73	-0.81	0.81	-0.7	0.83	-0.63	-0.81	0.73	0.66	0.66	-0.63	-0.29	0.17	0.66		0.58	-0.88	-0.38	-0.01	0.7	-0.84	0.81	-0.88	0.88	-0.21	0.73
Common Stock Shares Outstanding	0.49	-0.59	0.3	-0.66	0.6	-0.38	-0.6	0.61	0.18	0.48	-0.38	0.09	-0.51	0.48	0.58		-0.64	-0.43	0.4	0.65	-0.67	0.52	-0.66	0.63	-0.45	0.57
Non Current Liabilities Total	-0.8	0.93	-0.59	0.89	-0.92	0.76	0.97	-0.89	-0.35	-0.85	0.77	0.44	-0.1	-0.85	-0.88	-0.64		0.6	-0.13	-0.84	0.97	-0.87	0.98	-0.9	0.1	-0.94
Inventory	-0.23	0.74	0.15	0.78	-0.43	0.78	0.58	-0.42	0.0	-0.45	0.78	-0.09	0.38	-0.45	-0.38	-0.43	0.6		-0.38	-0.89	0.67	-0.35	0.69	-0.3	-0.46	-0.57
Other Current Assets	0.18	-0.17	-0.13	-0.25	0.19	-0.16	-0.21	0.23	-0.31	0.24	-0.16	0.15	-0.32	0.24	-0.01	0.4	-0.13	-0.38		0.31	-0.18	0.2	-0.17	0.11	0.02	0.15
Other Stockholder Equity	0.52	-0.95	0.23	-0.92	0.73	-0.77	-0.78	0.61	0.16	0.6	-0.77	0.0	-0.26	0.6	0.7	0.65	-0.84	-0.89	0.31		-0.9	0.65	-0.9	0.65	0.26	0.77
Total Liab	-0.71	0.98	-0.47	0.96	-0.89	0.75	0.92	-0.8	-0.23	-0.76	0.76	0.34	0.01	-0.76	-0.84	-0.67	0.97	0.67	-0.18	-0.9		-0.81	0.99	-0.86	0.0	-0.93
Total Current Assets	0.98	-0.78	0.72	-0.63	0.98	-0.43	-0.91	0.87	0.35	0.88	-0.44	-0.48	0.39	0.88	0.81	0.52	-0.87	-0.35	0.2	0.65	-0.81		-0.83	0.96	-0.14	0.86
Short Term Debt	-0.74	0.96	-0.51	0.93	-0.89	0.79	0.95	-0.84	-0.33	-0.8	0.79	0.36	-0.02	-0.8	-0.88	-0.66	0.98	0.69	-0.17	-0.9	0.99	-0.83		-0.86	0.03	-0.92
Common Stock	0.93	-0.8	0.74	-0.69	0.97	-0.44	-0.9	0.86	0.42	0.81	-0.45	-0.49	0.31	0.81	0.88	0.63	-0.9	-0.3	0.11	0.65	-0.86	0.96	-0.86		-0.31	0.88
Current Deferred Revenue	-0.26	-0.18	-0.38	-0.07	-0.14	-0.22	0.12	-0.33	-0.29	-0.19	-0.21	0.31	0.0	-0.19	-0.21	-0.45	0.1	-0.46	0.02	0.26	0.0	-0.14	0.03	-0.31		-0.1
Other Liab	0.82	-0.88	0.42	-0.87	0.92	-0.62	-0.95	0.89	0.14	0.87	-0.63	-0.59	0.2	0.87	0.73	0.57	-0.94	-0.57	0.15	0.77	-0.93	0.86	-0.92	0.88	-0.1

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Par Drugs Account Relationship Matchups

Par Drugs fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	601.2M	763.8M	786.9M	888.7M	1.0B	763.9M
Short Long Term Debt Total	231.3M	115.8M	60.1M	83.2M	74.9M	139.5M
Other Current Liab	2.5M	19.7M	42.0M	59.0M	21.1M	20.4M
Total Current Liabilities	108.4M	159.8M	148.6M	139.9M	124.4M	123.4M
Total Stockholder Equity	406.1M	522.1M	598.8M	712.4M	856.3M	483.9M
Property Plant And Equipment Net	351.4M	343.7M	343.5M	386.9M	413.3M	305.2M
Net Debt	(13.7M)	(128.4M)	(162.1M)	(222.4M)	(366.5M)	(348.2M)
Retained Earnings	175.3M	291.3M	368.0M	481.6M	625.5M	656.8M
Accounts Payable	62.0M	67.2M	106.6M	80.9M	53.6M	75.1M
Cash	73.8M	211.6M	162.1M	222.4M	366.5M	384.9M
Non Current Assets Total	359.0M	352.0M	351.3M	394.3M	419.9M	311.6M
Non Currrent Assets Other	7.1M	8.2M	7.6M	7.3M	6.4M	6.3M
Other Assets	7.1M	7.6M	7.6M	7.3M	8.4M	5.1M
Cash And Short Term Investments	73.8M	211.6M	162.1M	222.4M	366.5M	384.9M
Net Receivables	139.2M	126.2M	217.4M	218.2M	138.1M	145.9M
Liabilities And Stockholders Equity	601.2M	763.8M	786.9M	888.7M	1.0B	763.9M
Non Current Liabilities Total	86.6M	81.9M	39.6M	36.4M	35.4M	33.6M
Inventory	29.2M	30.0M	47.1M	53.8M	44.2M	34.4M
Other Current Assets	(1.0)	35.1M	9.1M	(1K)	47.4M	23.8M
Other Stockholder Equity	99.7M	168.2M	168.2M	106.7M	122.7M	92.7M
Total Liab	195.0M	241.7M	188.1M	176.3M	159.8M	203.6M
Total Current Assets	242.2M	411.9M	435.6M	494.4M	596.2M	335.4M
Short Term Debt	13.9M	39.3M	90K	623K	(51K)	(48.5K)
Current Deferred Revenue	30.0M	46.5M	90K	623K	51K	48.5K
Other Liab	37.5M	40.4M	38.0M	39.5M	45.5M	41.5M
Net Tangible Assets	290.3M	406.1M	522.1M	598.8M	688.6M	433.3M
Net Invested Capital	466.3M	598.5M	598.8M	712.4M	856.3M	631.7M
Net Working Capital	133.7M	252.1M	287.1M	354.5M	471.8M	495.4M
Property Plant Equipment	363.4M	351.4M	344.3M	343.5M	309.2M	286.9M

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

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Par Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Par Drugs fundamental ratios Correlations

Par Drugs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Par Drugs fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Liab
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.98	Total Stockholder Equity

Retained Earnings	- 0.96	Net Debt
Other Liab	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Other Stockholder Equity	- 0.95	Short Long Term Debt Total
Other Liab	- 0.94	Non Current Liabilities Total