Public Total Operating Expenses vs Minority Interest Analysis
PEG Stock | USD 83.70 0.18 0.21% |
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 Total Operating Expenses and its Minority Interest 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.
Total Operating Expenses vs Minority Interest
Total Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Total Operating Expenses account and Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Public Service's Total Operating Expenses and Minority Interest is 0.3. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Minority Interest 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 Total Operating Expenses and Minority Interest 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 Operating Expenses of Public Service Enterprise are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Total Operating Expenses i.e., Public Service's Total Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Public Service Enterprise whose combined shares represent less than 50% of the total outstanding shares issued by Public Service have a minority interest in Public Service.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 238.2 M.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.6B | 4.8B | 4.3B | 3.6B | Total Revenue | 9.8B | 11.2B | 12.9B | 9.4B |
Public Service fundamental ratios Correlations
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Public Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Public Service fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 50.1B | 49.0B | 48.7B | 50.7B | 58.4B | 34.9B | |
Short Long Term Debt Total | 17.5B | 19.6B | 20.4B | 20.4B | 23.5B | 12.5B | |
Other Current Liab | 1.3B | 1.5B | 1.6B | 1.4B | 1.6B | 1.1B | |
Total Current Liabilities | 5.5B | 7.1B | 6.7B | 5.1B | 5.8B | 4.1B | |
Total Stockholder Equity | 16.0B | 14.4B | 13.7B | 15.5B | 17.8B | 10.1B | |
Property Plant And Equipment Net | 37.8B | 34.6B | 36.1B | 38.2B | 43.9B | 46.1B | |
Current Deferred Revenue | 250M | 188M | 5.7B | 178M | 204.7M | 152.4M | |
Net Debt | 17.0B | 18.8B | 20.0B | 20.4B | 23.4B | 12.1B | |
Retained Earnings | 12.3B | 10.6B | 10.6B | 12.0B | 13.8B | 14.5B | |
Accounts Payable | 1.3B | 1.3B | 1.3B | 1.2B | 1.4B | 1.2B | |
Cash | 543M | 818M | 465M | 54M | 62.1M | 59.0M | |
Non Current Assets Total | 46.4B | 42.7B | 44.4B | 47.4B | 54.5B | 31.1B | |
Non Currrent Assets Other | 5.1B | 4.7B | 5.2B | 6.2B | 5.5B | 3.7B | |
Cash And Short Term Investments | 543M | 818M | 465M | 54M | 62.1M | 59.0M | |
Net Receivables | 1.7B | 2.1B | 2.3B | 1.7B | 2.0B | 1.8B | |
Common Stock Total Equity | 5.0B | 5.0B | 5.0B | 5.1B | 5.8B | 4.8B | |
Liabilities And Stockholders Equity | 50.1B | 49.0B | 48.7B | 50.7B | 58.4B | 34.7B | |
Non Current Liabilities Total | 28.5B | 27.5B | 28.3B | 30.2B | 34.7B | 20.1B | |
Inventory | 878M | 744M | 960M | 1.0B | 1.2B | 923.3M | |
Other Current Assets | 507M | 2.6B | 533M | 560M | 644M | 539.5M | |
Other Stockholder Equity | (861M) | (896M) | (1.4B) | (1.4B) | (1.2B) | (1.2B) | |
Total Liab | 34.1B | 34.6B | 35.0B | 35.3B | 40.6B | 24.2B | |
Property Plant And Equipment Gross | 48.6B | 43.9B | 46.1B | 48.8B | 56.1B | 58.9B | |
Total Current Assets | 3.6B | 6.3B | 4.3B | 3.4B | 3.9B | 3.7B | |
Accumulated Other Comprehensive Income | (504M) | (350M) | (550M) | (179M) | (205.9M) | (216.1M) | |
Short Term Debt | 2.7B | 4.2B | 3.8B | 2.4B | 2.8B | 1.9B | |
Common Stock | 5.0B | 5.0B | 5.1B | 5.0B | 5.8B | 3.7B | |
Other Liab | 13.6B | 13.8B | 12.1B | 11.6B | 13.4B | 7.3B | |
Other Assets | 7.5B | 8.0B | 7.7B | 7.1B | 8.2B | 6.4B | |
Long Term Debt | 14.5B | 15.2B | 16.5B | 17.8B | 20.5B | 12.0B | |
Treasury Stock | (831M) | (861M) | (896M) | (1.4B) | (1.2B) | (1.2B) | |
Property Plant Equipment | 35.8B | 37.8B | 34.6B | 36.1B | 41.5B | 23.5B | |
Intangible Assets | 149M | 158M | 20M | 14M | 12.6M | 12.0M | |
Short Term Investments | 11M | 113M | 60M | 2.8B | 3.2B | 3.4B | |
Retained Earnings Total Equity | 11.4B | 12.3B | 10.6B | 10.6B | 12.2B | 8.5B | |
Deferred Long Term Liab | 6.3B | 6.5B | 5.8B | 5.8B | 6.6B | 5.2B | |
Net Tangible Assets | 28.7B | 30.3B | 29.7B | 30.2B | 34.8B | 28.3B | |
Long Term Debt Total | 13.7B | 14.5B | 15.2B | 16.5B | 19.0B | 13.3B |
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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: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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 | 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.