PGE Total Current Assets vs Common Stock Analysis

PCG Stock  USD 21.23  0.13  0.62%   
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 Total Current Assets and its Common Stock 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.

Total Current Assets vs Common Stock

Total Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Corp Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between PGE Corp's Total Current Assets and Common Stock is 0.62. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock 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 Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of PGE Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., PGE Corp's Total Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock

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 Profit6.1B7.0B8.3B5.7B
Total Revenue20.6B21.7B24.4B15.8B

PGE Corp fundamental ratios Correlations

0.920.980.390.260.630.860.96-0.720.82-0.010.920.22-0.010.910.840.730.70.170.870.770.150.680.960.960.37
0.920.970.490.380.530.990.89-0.780.810.171.00.150.170.980.930.730.68-0.020.990.840.250.790.940.980.61
0.980.970.450.310.570.930.95-0.80.850.10.970.190.10.950.90.760.720.050.940.810.190.790.970.970.48
0.390.490.450.960.20.510.47-0.40.390.550.480.00.550.520.160.370.19-0.040.50.490.940.380.430.470.17
0.260.380.310.960.210.420.31-0.350.340.570.370.110.570.410.050.350.160.080.40.520.990.210.30.350.24
0.630.530.570.20.210.510.69-0.230.62-0.50.550.31-0.50.450.410.460.590.290.420.560.090.360.640.560.21
0.860.990.930.510.420.510.84-0.770.760.220.990.140.220.970.910.690.62-0.030.980.840.30.770.910.960.67
0.960.890.950.470.310.690.84-0.630.83-0.080.890.12-0.080.850.770.660.710.020.830.690.190.780.940.910.25
-0.72-0.78-0.8-0.4-0.35-0.23-0.77-0.63-0.77-0.45-0.78-0.46-0.45-0.77-0.78-0.79-0.58-0.05-0.83-0.79-0.26-0.65-0.77-0.73-0.61
0.820.810.850.390.340.620.760.83-0.770.110.810.390.110.720.750.830.89-0.040.790.860.190.80.770.780.48
-0.010.170.10.550.57-0.50.22-0.08-0.450.110.150.021.00.250.10.34-0.1-0.250.30.310.60.180.010.130.39
0.921.00.970.480.370.550.990.89-0.780.810.150.160.150.970.930.720.67-0.020.980.840.240.80.940.980.61
0.220.150.190.00.110.310.140.12-0.460.390.020.160.020.070.160.340.290.350.150.330.060.060.220.130.24
-0.010.170.10.550.57-0.50.22-0.08-0.450.111.00.150.020.250.10.34-0.1-0.250.30.310.60.180.010.130.39
0.910.980.950.520.410.450.970.85-0.770.720.250.970.070.250.90.730.570.020.970.830.310.710.920.980.6
0.840.930.90.160.050.410.910.77-0.780.750.10.930.160.10.90.710.66-0.090.930.77-0.070.770.850.90.69
0.730.730.760.370.350.460.690.66-0.790.830.340.720.340.340.730.710.56-0.10.750.880.230.660.720.730.62
0.70.680.720.190.160.590.620.71-0.580.89-0.10.670.29-0.10.570.660.560.130.640.710.030.630.610.640.31
0.17-0.020.05-0.040.080.29-0.030.02-0.05-0.04-0.25-0.020.35-0.250.02-0.09-0.10.13-0.060.090.1-0.540.120.08-0.09
0.870.990.940.50.40.420.980.83-0.830.790.30.980.150.30.970.930.750.64-0.060.860.280.790.90.960.68
0.770.840.810.490.520.560.840.69-0.790.860.310.840.330.310.830.770.880.710.090.860.390.620.760.820.74
0.150.250.190.940.990.090.30.19-0.260.190.60.240.060.60.31-0.070.230.030.10.280.390.090.190.240.15
0.680.790.790.380.210.360.770.78-0.650.80.180.80.060.180.710.770.660.63-0.540.790.620.090.710.720.42
0.960.940.970.430.30.640.910.94-0.770.770.010.940.220.010.920.850.720.610.120.90.760.190.710.950.44
0.960.980.970.470.350.560.960.91-0.730.780.130.980.130.130.980.90.730.640.080.960.820.240.720.950.54
0.370.610.480.170.240.210.670.25-0.610.480.390.610.240.390.60.690.620.31-0.090.680.740.150.420.440.54
Click cells to compare fundamentals

PGE Corp Account Relationship Matchups

PGE Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding528M1.3B2.0B2.1B2.1B2.2B
Total Assets85.2B97.9B103.2B118.6B125.7B132.0B
Short Long Term Debt Total25.2B42.6B45.3B53.5B57.7B60.6B
Other Current Liab1.3B5.2B5.2B5.9B6.8B7.1B
Total Current Liabilities7.6B13.6B17.3B15.8B17.3B10.3B
Total Stockholder Equity5.1B21.0B25.6B22.8B25.0B13.1B
Property Plant And Equipment Net63.9B67.9B71.1B77.5B82.9B87.1B
Net Debt2.2B42.1B41.4B52.8B57.1B60.0B
Retained Earnings(7.9B)(9.2B)(4.2B)(7.5B)(5.3B)(5.1B)
Accounts Payable2.0B4.2B2.9B5.3B4.8B2.9B
Cash1.6B484M165M734M635M729.5M
Non Current Assets Total75.0B88.3B92.1B105.8B111.3B116.9B
Non Currrent Assets Other7.9B16.8B17.2B24.6B(8.4B)(8.0B)
Cash And Short Term Investments1.6B484M165M734M635M729.5M
Net Receivables7.0B6.1B8.5B8.8B10.5B11.0B
Liabilities And Stockholders Equity85.2B97.9B103.2B118.6B125.7B132.0B
Non Current Liabilities Total72.2B63.0B60.3B79.8B83.1B87.2B
Inventory647M628M596M842M870M546.4M
Other Current Assets961M2.4B1.8B2.4B2.4B1.7B
Other Stockholder Equity(10M)(258M)28.3B(2.5B)(2.3B)(2.2B)
Total Liab79.8B76.6B77.6B95.6B100.4B105.4B
Total Current Assets10.2B9.6B11.1B12.8B14.4B7.9B
Short Term Debt2.1B4.1B7.1B4.6B5.7B3.3B
Common Stock13.0B30.2B1.3B32.9B30.4B31.9B
Common Stock Total Equity13.0B30.2B35.1B32.9B37.8B39.7B
Property Plant And Equipment Gross63.9B67.9B100.2B108.5B116.0B121.8B
Other Liab46.1B24.5B25.6B30.8B35.4B18.5B
Other Assets11.1B20.4B21.2B28.3B32.5B34.2B
Long Term Debt23.1B37.3B38.2B47.7B51.0B53.5B
Property Plant Equipment63.9B66.1B69.5B1.3B1.5B1.4B
Current Deferred Revenue2.4B2.3B2.2B423M3.2B2.0B
Deferred Long Term Liab6.1B1.4B3.2B2.7B3.1B5.0B

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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.