Public Net Income vs Other Non Cash Items Analysis

PEG Stock

USD 92.40 0.05 0.05%

Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Net Income and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Public Service's Net Income and Other Non Cash Items is -0.61. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Net Income and Other Non Cash Items 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 Income of Public Service Enterprise are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Public Service's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Public Service Enterprise financial statement analysis. It represents the amount of money remaining after all of Public Service Enterprise operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise 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 Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Public Service's Tax Provision is most likely to decrease significantly in the upcoming years. The Public Service's current Sales General And Administrative To Revenue is estimated to increase to 0.02, while Selling General Administrative is projected to decrease to roughly 207.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	2.6B	4.8B	3.6B
Total Revenue	9.7B	9.8B	11.2B	9.4B

Gross Profit Total Revenue

Public Service fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.58	0.31	0.68	0.23	0.66	0.48	-0.1	0.29	0.64	0.85	0.3	0.55	-0.28	0.3	0.64	0.14	0.46	0.84	0.17	-0.86	0.43	0.45	0.62	0.15	0.52
Total Assets	0.58		0.92	0.85	0.58	0.76	0.99	0.12	0.92	0.97	0.67	0.09	1.0	-0.29	0.09	0.77	0.5	0.93	0.34	0.41	-0.73	0.92	0.81	0.52	0.74	0.68
Short Long Term Debt Total	0.31	0.92		0.8	0.69	0.54	0.92	0.31	1.0	0.82	0.4	0.0	0.92	-0.12	0.0	0.73	0.48	0.89	0.09	0.5	-0.52	0.9	0.87	0.46	0.89	0.46
Other Current Liab	0.68	0.85	0.8		0.75	0.59	0.77	0.44	0.78	0.8	0.52	0.28	0.81	-0.1	0.28	0.88	0.34	0.75	0.54	0.52	-0.71	0.76	0.79	0.75	0.72	0.56
Total Current Liabilities	0.23	0.58	0.69	0.75		0.13	0.53	0.7	0.68	0.49	0.03	0.17	0.55	0.14	0.17	0.62	0.24	0.51	0.14	0.61	-0.39	0.56	0.61	0.59	0.83	0.27
Total Stockholder Equity	0.66	0.76	0.54	0.59	0.13		0.76	-0.2	0.54	0.84	0.78	-0.01	0.77	-0.37	-0.01	0.56	0.44	0.68	0.6	0.01	-0.62	0.62	0.45	0.27	0.2	0.74
Property Plant And Equipment Net	0.48	0.99	0.92	0.77	0.53	0.76		0.1	0.92	0.96	0.63	0.01	0.99	-0.33	0.01	0.7	0.54	0.93	0.24	0.33	-0.65	0.91	0.77	0.39	0.72	0.67
Current Deferred Revenue	-0.1	0.12	0.31	0.44	0.7	-0.2	0.1		0.3	0.04	-0.32	0.09	0.1	0.18	0.09	0.38	-0.01	0.09	0.09	0.12	-0.04	0.14	0.23	0.21	0.48	0.02
Net Debt	0.29	0.92	1.0	0.78	0.68	0.54	0.92	0.3		0.81	0.38	-0.05	0.92	-0.11	-0.05	0.72	0.5	0.89	0.08	0.47	-0.51	0.9	0.87	0.42	0.88	0.45
Retained Earnings	0.64	0.97	0.82	0.8	0.49	0.84	0.96	0.04	0.81		0.73	0.14	0.97	-0.34	0.14	0.7	0.47	0.88	0.44	0.3	-0.75	0.85	0.68	0.47	0.6	0.79
Accounts Payable	0.85	0.67	0.4	0.52	0.03	0.78	0.63	-0.32	0.38	0.73		0.22	0.66	-0.5	0.22	0.62	0.27	0.59	0.6	0.11	-0.76	0.55	0.4	0.46	0.2	0.65
Cash	0.3	0.09	0.0	0.28	0.17	-0.01	0.01	0.09	-0.05	0.14	0.22		0.03	-0.17	1.0	0.19	-0.47	-0.01	0.23	0.46	-0.11	0.02	-0.12	0.66	0.12	0.47
Non Current Assets Total	0.55	1.0	0.92	0.81	0.55	0.77	0.99	0.1	0.92	0.97	0.66	0.03		-0.29	0.03	0.73	0.52	0.94	0.31	0.34	-0.71	0.92	0.81	0.44	0.71	0.66
Non Currrent Assets Other	-0.28	-0.29	-0.12	-0.1	0.14	-0.37	-0.33	0.18	-0.11	-0.34	-0.5	-0.17	-0.29		-0.17	-0.25	-0.33	-0.12	-0.04	0.05	0.22	-0.08	-0.06	-0.08	-0.03	-0.37
Cash And Short Term Investments	0.3	0.09	0.0	0.28	0.17	-0.01	0.01	0.09	-0.05	0.14	0.22	1.0	0.03	-0.17		0.19	-0.47	-0.01	0.23	0.46	-0.11	0.02	-0.12	0.66	0.12	0.47
Net Receivables	0.64	0.77	0.73	0.88	0.62	0.56	0.7	0.38	0.72	0.7	0.62	0.19	0.73	-0.25	0.19		0.49	0.66	0.43	0.49	-0.61	0.68	0.71	0.73	0.72	0.49
Common Stock Total Equity	0.14	0.5	0.48	0.34	0.24	0.44	0.54	-0.01	0.5	0.47	0.27	-0.47	0.52	-0.33	-0.47	0.49		0.42	-0.04	0.17	-0.23	0.4	0.49	0.08	0.41	0.17
Non Current Liabilities Total	0.46	0.93	0.89	0.75	0.51	0.68	0.93	0.09	0.89	0.88	0.59	-0.01	0.94	-0.12	-0.01	0.66	0.42		0.21	0.36	-0.62	1.0	0.79	0.41	0.71	0.55
Inventory	0.84	0.34	0.09	0.54	0.14	0.6	0.24	0.09	0.08	0.44	0.6	0.23	0.31	-0.04	0.23	0.43	-0.04	0.21		-0.13	-0.7	0.17	0.18	0.38	-0.12	0.5
Other Current Assets	0.17	0.41	0.5	0.52	0.61	0.01	0.33	0.12	0.47	0.3	0.11	0.46	0.34	0.05	0.46	0.49	0.17	0.36	-0.13		-0.18	0.41	0.41	0.83	0.69	0.21
Other Stockholder Equity	-0.86	-0.73	-0.52	-0.71	-0.39	-0.62	-0.65	-0.04	-0.51	-0.75	-0.76	-0.11	-0.71	0.22	-0.11	-0.61	-0.23	-0.62	-0.7	-0.18		-0.6	-0.54	-0.5	-0.35	-0.56
Total Liab	0.43	0.92	0.9	0.76	0.56	0.62	0.91	0.14	0.9	0.85	0.55	0.02	0.92	-0.08	0.02	0.68	0.4	1.0	0.17	0.41	-0.6		0.8	0.45	0.76	0.52
Property Plant And Equipment Gross	0.45	0.81	0.87	0.79	0.61	0.45	0.77	0.23	0.87	0.68	0.4	-0.12	0.81	-0.06	-0.12	0.71	0.49	0.79	0.18	0.41	-0.54	0.8		0.43	0.76	0.15
Total Current Assets	0.62	0.52	0.46	0.75	0.59	0.27	0.39	0.21	0.42	0.47	0.46	0.66	0.44	-0.08	0.66	0.73	0.08	0.41	0.38	0.83	-0.5	0.45	0.43		0.58	0.46
Short Term Debt	0.15	0.74	0.89	0.72	0.83	0.2	0.72	0.48	0.88	0.6	0.2	0.12	0.71	-0.03	0.12	0.72	0.41	0.71	-0.12	0.69	-0.35	0.76	0.76	0.58		0.3
Common Stock	0.52	0.68	0.46	0.56	0.27	0.74	0.67	0.02	0.45	0.79	0.65	0.47	0.66	-0.37	0.47	0.49	0.17	0.55	0.5	0.21	-0.56	0.52	0.15	0.46	0.3

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When determining whether Public Service Enterprise is a strong investment it is important to analyze Public Service'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 Public Service's future performance. For an informed investment choice regarding Public Stock, refer to the following important reports:

How To Invest In Public

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Is Public Stock a good investment?

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What is Public Service's Net Worth?

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Largest Multi-Utilities Companies

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Largest Utilities - Regulated Electric Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Is Multi-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 Public Service. If investors know Public 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 Public Service 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

2.852

Dividend Share

2.37

Earnings Share

4.07

Revenue Per Share

20.912

Quarterly Revenue Growth

0.076

The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service'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 Public Service's market value can be influenced by many factors that don't directly affect Public Service'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 Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service'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.

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Public Net Income vs Other Non Cash Items Analysis

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Net Income

Other Non Cash Items

Public Service fundamental ratios Correlations

Public Service Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

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

Other Stockholder Equity	- 0.86	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.76	Accounts Payable
Other Stockholder Equity	- 0.75	Retained Earnings
Other Stockholder Equity	- 0.73	Total Assets
Other Stockholder Equity	- 0.71	Non Current Assets Total
Other Stockholder Equity	- 0.71	Other Current Liab