PACCAR Payout Ratio vs Capex To Revenue Analysis

PCAR Stock

USD 114.05 4.06 3.69%

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

Payout Ratio vs Capex To Revenue

Payout Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PACCAR Inc Payout Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between PACCAR's Payout Ratio and Capex To Revenue is 0.34. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of PACCAR Inc, assuming nothing else is changed. The correlation between historical values of PACCAR's Payout Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of PACCAR Inc are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Payout Ratio i.e., PACCAR's Payout Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Payout Ratio

Payout Ratio is the proportion of PACCAR Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of PACCAR Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating PACCAR Inc is paying out more in dividends than it makes in net income.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from PACCAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PACCAR Inc 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 PACCAR Inc. 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, PACCAR's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 11.18, while Selling General Administrative is likely to drop slightly above 614.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.1B	109.1M	520.4M	293.0M
Depreciation And Amortization	867.8M	807.1M	923.9M	970.1M

Interest Expense Depreciation And Amortization

PACCAR 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	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	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.91	0.69	0.89	0.99	0.43	0.62	0.99	0.94	0.3	0.08	0.97	0.94	-0.86	0.46	0.94	0.7	0.55	0.99	0.82	0.8	-0.03	0.84	0.73	0.65	0.73
Short Long Term Debt Total	0.91		0.53	0.73	0.91	0.43	0.86	0.93	0.87	0.45	0.04	0.86	0.82	-0.75	0.56	0.85	0.49	0.48	0.9	0.65	0.67	0.05	0.65	0.68	0.67	0.71
Other Current Liab	0.69	0.53		0.82	0.76	-0.13	0.21	0.73	0.83	-0.26	-0.25	0.81	0.79	-0.39	-0.15	0.82	0.83	0.82	0.62	0.84	0.55	-0.59	0.57	0.38	0.28	0.33
Total Current Liabilities	0.89	0.73	0.82		0.91	0.06	0.41	0.88	0.91	-0.16	-0.18	0.96	0.94	-0.71	0.02	0.92	0.82	0.77	0.87	0.99	0.77	-0.23	0.9	0.57	0.42	0.52
Total Stockholder Equity	0.99	0.91	0.76	0.91		0.34	0.63	1.0	0.96	0.23	0.0	0.98	0.96	-0.8	0.38	0.98	0.75	0.65	0.96	0.85	0.78	-0.17	0.81	0.69	0.63	0.69
Property Plant And Equipment Net	0.43	0.43	-0.13	0.06	0.34		0.38	0.38	0.15	0.83	0.67	0.23	0.15	-0.48	0.89	0.19	0.11	-0.34	0.48	-0.06	0.25	0.41	0.31	0.51	0.68	0.55
Net Debt	0.62	0.86	0.21	0.41	0.63	0.38		0.68	0.57	0.46	0.04	0.56	0.49	-0.49	0.5	0.55	0.27	0.29	0.6	0.35	0.46	0.09	0.39	0.4	0.54	0.43
Retained Earnings	0.99	0.93	0.73	0.88	1.0	0.38	0.68		0.96	0.28	0.03	0.97	0.94	-0.8	0.42	0.96	0.73	0.6	0.97	0.82	0.78	-0.13	0.79	0.68	0.64	0.69
Cash	0.94	0.87	0.83	0.91	0.96	0.15	0.57	0.96		0.1	-0.12	0.98	0.95	-0.7	0.25	0.97	0.7	0.7	0.91	0.88	0.78	-0.2	0.74	0.65	0.5	0.64
Non Current Assets Total	0.3	0.45	-0.26	-0.16	0.23	0.83	0.46	0.28	0.1		0.56	0.09	0.06	-0.4	0.96	0.1	-0.22	-0.44	0.35	-0.29	0.13	0.48	-0.03	0.41	0.53	0.52
Non Currrent Assets Other	0.08	0.04	-0.25	-0.18	0.0	0.67	0.04	0.03	-0.12	0.56		-0.04	-0.1	-0.23	0.57	-0.11	-0.01	-0.56	0.14	-0.25	0.09	0.39	0.07	0.02	0.17	0.07
Cash And Short Term Investments	0.97	0.86	0.81	0.96	0.98	0.23	0.56	0.97	0.98	0.09	-0.04		0.97	-0.78	0.26	0.96	0.77	0.67	0.95	0.92	0.82	-0.16	0.85	0.66	0.53	0.64
Net Receivables	0.94	0.82	0.79	0.94	0.96	0.15	0.49	0.94	0.95	0.06	-0.1	0.97		-0.82	0.19	0.97	0.74	0.71	0.92	0.9	0.78	-0.17	0.81	0.57	0.44	0.58
Common Stock Shares Outstanding	-0.86	-0.75	-0.39	-0.71	-0.8	-0.48	-0.49	-0.8	-0.7	-0.4	-0.23	-0.78	-0.82		-0.5	-0.71	-0.5	-0.24	-0.89	-0.62	-0.71	-0.24	-0.8	-0.52	-0.44	-0.59
Non Current Liabilities Total	0.46	0.56	-0.15	0.02	0.38	0.89	0.5	0.42	0.25	0.96	0.57	0.26	0.19	-0.5		0.24	-0.09	-0.36	0.51	-0.11	0.3	0.49	0.17	0.61	0.66	0.68
Inventory	0.94	0.85	0.82	0.92	0.98	0.19	0.55	0.96	0.97	0.1	-0.11	0.96	0.97	-0.71	0.24		0.75	0.76	0.9	0.88	0.75	-0.29	0.73	0.66	0.57	0.65
Other Current Assets	0.7	0.49	0.83	0.82	0.75	0.11	0.27	0.73	0.7	-0.22	-0.01	0.77	0.74	-0.5	-0.09	0.75		0.68	0.65	0.83	0.61	-0.57	0.75	0.3	0.34	0.24
Other Stockholder Equity	0.55	0.48	0.82	0.77	0.65	-0.34	0.29	0.6	0.7	-0.44	-0.56	0.67	0.71	-0.24	-0.36	0.76	0.68		0.47	0.81	0.34	-0.62	0.48	0.27	0.25	0.21
Total Liab	0.99	0.9	0.62	0.87	0.96	0.48	0.6	0.97	0.91	0.35	0.14	0.95	0.92	-0.89	0.51	0.9	0.65	0.47		0.79	0.81	0.06	0.86	0.74	0.65	0.76
Total Current Assets	0.82	0.65	0.84	0.99	0.85	-0.06	0.35	0.82	0.88	-0.29	-0.25	0.92	0.9	-0.62	-0.11	0.88	0.83	0.81	0.79		0.73	-0.32	0.86	0.49	0.34	0.44
Short Term Debt	0.8	0.67	0.55	0.77	0.78	0.25	0.46	0.78	0.78	0.13	0.09	0.82	0.78	-0.71	0.3	0.75	0.61	0.34	0.81	0.73		0.03	0.74	0.59	0.39	0.59
Accounts Payable	-0.03	0.05	-0.59	-0.23	-0.17	0.41	0.09	-0.13	-0.2	0.48	0.39	-0.16	-0.17	-0.24	0.49	-0.29	-0.57	-0.62	0.06	-0.32	0.03		0.03	0.09	-0.04	0.16
Property Plant And Equipment Gross	0.84	0.65	0.57	0.9	0.81	0.31	0.39	0.79	0.74	-0.03	0.07	0.85	0.81	-0.8	0.17	0.73	0.75	0.48	0.86	0.86	0.74	0.03		0.52	0.43	0.49
Common Stock Total Equity	0.73	0.68	0.38	0.57	0.69	0.51	0.4	0.68	0.65	0.41	0.02	0.66	0.57	-0.52	0.61	0.66	0.3	0.27	0.74	0.49	0.59	0.09	0.52		0.84	0.99
Short Term Investments	0.65	0.67	0.28	0.42	0.63	0.68	0.54	0.64	0.5	0.53	0.17	0.53	0.44	-0.44	0.66	0.57	0.34	0.25	0.65	0.34	0.39	-0.04	0.43	0.84		0.83
Common Stock	0.73	0.71	0.33	0.52	0.69	0.55	0.43	0.69	0.64	0.52	0.07	0.64	0.58	-0.59	0.68	0.65	0.24	0.21	0.76	0.44	0.59	0.16	0.49	0.99	0.83

Click cells to compare fundamentals

PACCAR Account Relationship Matchups

PACCAR fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.4B	28.3B	29.3B	33.3B	40.8B	42.9B
Short Long Term Debt Total	11.8B	11.3B	10.8B	16.2B	14.4B	15.1B
Other Current Liab	843M	2.5B	3.0B	4.4B	9.4B	9.9B
Total Current Liabilities	6.0B	5.6B	6.2B	7.2B	16.5B	17.4B
Total Stockholder Equity	9.7B	10.4B	11.4B	13.2B	15.9B	16.7B
Property Plant And Equipment Net	4.7B	5.2B	5.7B	3.5B	4.0B	2.4B
Net Debt	7.6B	7.8B	7.3B	10.0B	7.2B	7.6B
Retained Earnings	10.4B	11.0B	11.9B	13.4B	15.8B	16.6B
Cash	4.2B	3.5B	3.4B	6.2B	7.2B	7.5B
Non Current Assets Total	20.7B	21.0B	21.1B	23.0B	8.4B	7.9B
Non Currrent Assets Other	16.1B	15.8B	15.4B	2.4B	4.5B	4.5B
Cash And Short Term Investments	5.2B	4.8B	4.8B	6.2B	9.0B	9.5B
Net Receivables	1.3B	1.2B	1.6B	2.0B	2.3B	3.1B
Common Stock Shares Outstanding	521.2M	521.1M	522.6M	523.3M	525M	455.8M
Liabilities And Stockholders Equity	28.4B	28.3B	29.3B	33.3B	40.8B	42.9B
Non Current Liabilities Total	12.6B	12.3B	11.6B	12.9B	8.4B	5.7B
Inventory	1.2B	1.2B	1.8B	2.2B	2.6B	2.7B
Other Current Assets	388M	12.7B	12.8B	(44.1M)	18.5B	19.4B
Other Stockholder Equity	61.4M	88.5M	142M	196.1M	269.1M	270.5M
Total Liab	18.7B	17.9B	17.9B	20.1B	24.9B	26.2B
Total Current Assets	7.6B	7.3B	8.2B	10.3B	32.4B	34.0B
Short Term Debt	3.8B	3.1B	3.1B	3.3B	5.1B	5.3B
Accounts Payable	6.0B	1.7B	2.0B	2.5B	1.7B	2.4B
Property Plant And Equipment Gross	6.5B	7.0B	5.7B	3.5B	11.6B	12.2B
Accumulated Other Comprehensive Income	(1.1B)	(1.1B)	(921.1M)	(953.4M)	(693.9M)	(659.2M)
Short Term Investments	1.2B	1.4B	1.6B	1.6B	1.8B	1.0B
Other Liab	1.6B	1.5B	1.5B	1.4B	1.6B	1.6B
Other Assets	810.9M	3.8B	3.3K	3.4B	(17.8B)	(16.9B)
Long Term Debt	7.1B	7.5B	7.1B	7.9B	9.2B	9.6B
Property Plant Equipment	2.9B	3.3B	5.7B	3.5B	4.0B	2.8B
Current Deferred Revenue	(4.6B)	(4.4B)	(4.4B)	7.2B	359.5M	377.5M
Net Tangible Assets	9.7B	10.4B	11.4B	13.2B	15.1B	8.7B
Retained Earnings Total Equity	10.4B	11.0B	11.9B	13.4B	15.4B	8.8B
Long Term Debt Total	7.1B	7.5B	7.1B	7.9B	9.0B	5.2B
Capital Surpluse	61.4M	88.5M	142M	196.1M	225.5M	236.8M
Deferred Long Term Liab	790.2M	854.6M	590.4M	624.4M	718.1M	689.8M

Pair Trading with PACCAR

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 PACCAR 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 PACCAR will appreciate offsetting losses from the drop in the long position's value.

Moving against PACCAR Stock

0.83	NKLA	Nikola Corp	Pair Corr
0.81	LEV	Lion Electric Corp	Pair Corr
0.73	TWI	Titan International	Pair Corr
0.7	ARTW	Arts Way Manufacturing	Pair Corr
0.34	CEAD	CEA Industries	Pair Corr

The ability to find closely correlated positions to PACCAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PACCAR 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 PACCAR - 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 PACCAR Inc to buy it.

The correlation of PACCAR 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 PACCAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PACCAR Inc 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 PACCAR 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 Correlation Correlation Matching

Additional Tools for PACCAR Stock Analysis

When running PACCAR's price analysis, check to measure PACCAR'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 PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.

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