PDD Other Current Liab vs Accounts Payable Analysis
PDD Stock | USD 99.42 4.67 4.49% |
PDD Holdings financial indicator trend analysis is much more than just breaking down PDD Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PDD Holdings is a good investment. Please check the relationship between PDD Holdings Other Current Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PDD Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.
Other Current Liab vs Accounts Payable
Other Current Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PDD Holdings Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PDD Holdings' Other Current Liab and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of PDD Holdings, assuming nothing else is changed. The correlation between historical values of PDD Holdings' Other Current Liab and Accounts Payable 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 Liab of PDD Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., PDD Holdings' Other Current Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Current Liab
Accounts Payable
An accounting item on the balance sheet that represents PDD Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of PDD Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from PDD Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PDD Holdings 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 PDD Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.At present, PDD Holdings' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 25.74, whereas Selling General Administrative is forecasted to decline to about 2.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 3.1B | 4.0B | 10.2B | 10.7B | Net Interest Income | 1.8B | 3.9B | 10.2B | 10.7B |
PDD Holdings fundamental ratios Correlations
Click cells to compare fundamentals
PDD Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PDD Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 76.1B | 158.9B | 181.2B | 237.1B | 348.1B | 365.5B | |
Short Long Term Debt Total | 6.6B | 17.0B | 12.8B | 16.9B | 10.2B | 8.9B | |
Other Current Liab | 14.2B | 21.5B | 21.9B | 26.7B | 20.4B | 15.6B | |
Total Current Liabilities | 45.8B | 83.9B | 93.7B | 116.9B | 152.9B | 160.5B | |
Total Stockholder Equity | 24.6B | 60.2B | 75.1B | 117.8B | 187.2B | 196.6B | |
Other Liab | 7.4M | 2.9M | 32.3M | 13.0M | 15.0M | 8.7M | |
Net Tangible Assets | 22.7B | 58.9B | 74.4B | 117.6B | 135.3B | 142.0B | |
Property Plant And Equipment Net | 558.5M | 832.7M | 3.1B | 2.5B | 5.1B | 5.3B | |
Current Deferred Revenue | 606.0M | 2.4B | 1.2B | 1.4B | 20.1B | 21.1B | |
Net Debt | 881.6M | (5.5B) | 6.3B | (17.4B) | (49.6B) | (47.1B) | |
Retained Earnings | (18.3B) | (25.5B) | (17.7B) | 15.2B | 75.1B | 78.9B | |
Accounts Payable | 29.9B | 55.0B | 64.5B | 67.3B | 93.1B | 97.8B | |
Cash | 5.8B | 22.4B | 6.4B | 34.3B | 59.8B | 62.8B | |
Non Current Assets Total | 3.1B | 9.4B | 20.3B | 20.5B | 53.3B | 56.0B | |
Non Currrent Assets Other | 503.1M | 7.3B | 16.4B | 16.9B | 15.1B | 7.8B | |
Other Assets | 69.5M | 7.3B | 16.5B | 3.6B | 4.1B | 4.4B | |
Long Term Debt | 5.2B | 14.4B | 11.8B | 1.6B | 5.2B | 5.3B | |
Cash And Short Term Investments | 41.1B | 87.0B | 92.9B | 149.4B | 217.2B | 228.1B | |
Net Receivables | 3.4B | 3.9B | 6.0B | 3.4B | 7.4B | 7.8B | |
Common Stock Total Equity | 104K | 142K | 148K | 159K | 182.9K | 134.0K | |
Common Stock Shares Outstanding | 1.2B | 1.2B | 1.4B | 1.4B | 1.5B | 1.3B | |
Short Term Investments | 35.3B | 64.6B | 86.5B | 115.1B | 157.4B | 165.3B | |
Liabilities And Stockholders Equity | 76.1B | 158.9B | 181.2B | 237.1B | 348.1B | 365.5B | |
Non Current Liabilities Total | 5.6B | 14.9B | 12.4B | 2.5B | 7.9B | 5.9B | |
Capital Lease Obligations | 544.3M | 668.0M | 971.4M | 1.5B | 4.3B | 4.5B | |
Inventory | 27.6B | 1.7B | 14.2M | (6.9B) | (17.2B) | (16.3B) | |
Other Current Assets | 950.3M | 56.9B | 68.0B | 63.8B | 70.1B | 35.9B | |
Other Stockholder Equity | 41.5B | 86.7B | 95.3B | 99.3B | 107.3B | 63.5B | |
Total Liab | 51.4B | 98.7B | 106.1B | 119.3B | 160.8B | 168.9B | |
Property Plant And Equipment Gross | 558.5M | 832.7M | 3.1B | 2.5B | 8.3B | 8.7B | |
Total Current Assets | 73.0B | 149.5B | 160.9B | 216.6B | 294.8B | 309.5B | |
Accumulated Other Comprehensive Income | 1.4B | (1.0B) | (2.5B) | 3.3B | 4.8B | 5.1B | |
Short Term Debt | 1.0B | 2.1B | 8.1B | 14.5B | 2.3B | 4.0B | |
Intangible Assets | 2.0B | 1.3B | 701.2M | 134.0M | 21.1M | 20.1M | |
Common Stock | 148K | 159K | 161K | 170K | 177K | 153.6K | |
Property Plant Equipment | 558.5M | 832.7M | 3.1B | 2.5B | 2.8B | 3.0B | |
Net Invested Capital | 30.8B | 76.5B | 86.9B | 133.2B | 193.1B | 202.8B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether PDD Holdings is a strong investment it is important to analyze PDD Holdings' 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 PDD Holdings' future performance. For an informed investment choice regarding PDD 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 PDD Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Broadline Retail 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 PDD Holdings. If investors know PDD 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 PDD Holdings 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 1.4 | Earnings Share 9.28 | Revenue Per Share 248.59 | Quarterly Revenue Growth 0.857 | Return On Assets 0.1725 |
The market value of PDD Holdings is measured differently than its book value, which is the value of PDD that is recorded on the company's balance sheet. Investors also form their own opinion of PDD Holdings' value that differs from its market value or its book value, called intrinsic value, which is PDD Holdings' 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 PDD Holdings' market value can be influenced by many factors that don't directly affect PDD Holdings' 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 PDD Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PDD Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PDD Holdings' 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.