PGE Other Current Assets vs Net Receivables Analysis
PCG Stock | USD 21.19 0.18 0.84% |
PGE Corp financial indicator trend analysis is much more than just breaking down PGE Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGE Corp is a good investment. Please check the relationship between PGE Corp Other Current Assets and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGE Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.
Other Current Assets vs Net Receivables
Other Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Corp Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PGE Corp's Other Current Assets and Net Receivables is 0.57. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of PGE Corp, assuming nothing else is changed. The correlation between historical values of PGE Corp's Other Current Assets 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 Other Current Assets of PGE Corp 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 Other Current Assets i.e., PGE Corp's Other Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Receivables
Most indicators from PGE Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGE Corp 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 PGE Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.At this time, PGE Corp's Enterprise Value Multiple is most likely to slightly grow in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.1B | 7.0B | 8.3B | 5.7B | Total Revenue | 20.6B | 21.7B | 24.4B | 15.8B |
PGE Corp fundamental ratios Correlations
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PGE Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PGE Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 528M | 1.3B | 2.0B | 2.1B | 2.1B | 2.2B | |
Total Assets | 85.2B | 97.9B | 103.2B | 118.6B | 125.7B | 132.0B | |
Short Long Term Debt Total | 25.2B | 42.6B | 45.3B | 53.5B | 57.7B | 60.6B | |
Other Current Liab | 1.3B | 5.2B | 5.2B | 5.9B | 6.8B | 7.1B | |
Total Current Liabilities | 7.6B | 13.6B | 17.3B | 15.8B | 17.3B | 10.3B | |
Total Stockholder Equity | 5.1B | 21.0B | 25.6B | 22.8B | 25.0B | 13.1B | |
Property Plant And Equipment Net | 63.9B | 67.9B | 71.1B | 77.5B | 82.9B | 87.1B | |
Net Debt | 2.2B | 42.1B | 41.4B | 52.8B | 57.1B | 60.0B | |
Retained Earnings | (7.9B) | (9.2B) | (4.2B) | (7.5B) | (5.3B) | (5.1B) | |
Accounts Payable | 2.0B | 4.2B | 2.9B | 5.3B | 4.8B | 2.9B | |
Cash | 1.6B | 484M | 165M | 734M | 635M | 729.5M | |
Non Current Assets Total | 75.0B | 88.3B | 92.1B | 105.8B | 111.3B | 116.9B | |
Non Currrent Assets Other | 7.9B | 16.8B | 17.2B | 24.6B | (8.4B) | (8.0B) | |
Cash And Short Term Investments | 1.6B | 484M | 165M | 734M | 635M | 729.5M | |
Net Receivables | 7.0B | 6.1B | 8.5B | 8.8B | 10.5B | 11.0B | |
Liabilities And Stockholders Equity | 85.2B | 97.9B | 103.2B | 118.6B | 125.7B | 132.0B | |
Non Current Liabilities Total | 72.2B | 63.0B | 60.3B | 79.8B | 83.1B | 87.2B | |
Inventory | 647M | 628M | 596M | 842M | 870M | 546.4M | |
Other Current Assets | 961M | 2.4B | 1.8B | 2.4B | 2.4B | 1.7B | |
Other Stockholder Equity | (10M) | (258M) | 28.3B | (2.5B) | (2.3B) | (2.2B) | |
Total Liab | 79.8B | 76.6B | 77.6B | 95.6B | 100.4B | 105.4B | |
Total Current Assets | 10.2B | 9.6B | 11.1B | 12.8B | 14.4B | 7.9B | |
Short Term Debt | 2.1B | 4.1B | 7.1B | 4.6B | 5.7B | 3.3B | |
Common Stock | 13.0B | 30.2B | 1.3B | 32.9B | 30.4B | 31.9B | |
Common Stock Total Equity | 13.0B | 30.2B | 35.1B | 32.9B | 37.8B | 39.7B | |
Property Plant And Equipment Gross | 63.9B | 67.9B | 100.2B | 108.5B | 116.0B | 121.8B | |
Other Liab | 46.1B | 24.5B | 25.6B | 30.8B | 35.4B | 18.5B | |
Other Assets | 11.1B | 20.4B | 21.2B | 28.3B | 32.5B | 34.2B | |
Long Term Debt | 23.1B | 37.3B | 38.2B | 47.7B | 51.0B | 53.5B | |
Property Plant Equipment | 63.9B | 66.1B | 69.5B | 1.3B | 1.5B | 1.4B | |
Current Deferred Revenue | 2.4B | 2.3B | 2.2B | 423M | 3.2B | 2.0B | |
Deferred Long Term Liab | 6.1B | 1.4B | 3.2B | 2.7B | 3.1B | 5.0B |
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When determining whether PGE Corp is a strong investment it is important to analyze PGE Corp'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 PGE Corp's future performance. For an informed investment choice regarding PGE Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGE Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Electric Utilities 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 PGE Corp. If investors know PGE 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 PGE Corp 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 0.685 | Dividend Share 0.04 | Earnings Share 1.28 | Revenue Per Share 11.628 | Quarterly Revenue Growth 0.009 |
The market value of PGE Corp is measured differently than its book value, which is the value of PGE that is recorded on the company's balance sheet. Investors also form their own opinion of PGE Corp's value that differs from its market value or its book value, called intrinsic value, which is PGE Corp'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 PGE Corp's market value can be influenced by many factors that don't directly affect PGE Corp'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 PGE Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGE Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGE Corp'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.