Penn Total Revenue vs Selling General Administrative Analysis

PENN Stock  USD 21.08  0.21  0.99%   
Penn National financial indicator trend analysis is much more than just breaking down Penn National Gaming prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Penn National Gaming is a good investment. Please check the relationship between Penn National Total Revenue and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Penn National Gaming Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Penn National's Total Revenue and Selling General Administrative is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Penn National Gaming, assuming nothing else is changed. The correlation between historical values of Penn National's Total Revenue and Selling General Administrative 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 Revenue of Penn National Gaming are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., Penn National's Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Penn National Gaming generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling General Administrative

Most indicators from Penn National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Penn National Gaming 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 Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Penn National's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 37.85, while Tax Provision is likely to drop (8.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.8B2.8B1.9B1.0B
Total Revenue5.9B6.4B6.4B6.7B

Penn National fundamental ratios Correlations

0.980.830.930.820.990.970.110.250.851.00.040.850.830.840.980.80.90.980.910.890.910.940.940.87-0.15
0.980.770.90.680.991.0-0.060.270.80.980.040.80.780.781.00.730.871.00.910.830.90.940.910.86-0.05
0.830.770.930.790.80.740.10.10.780.820.160.780.970.650.760.990.790.790.80.870.940.670.930.7-0.14
0.930.90.930.760.910.890.030.270.730.920.110.730.950.730.890.910.850.910.890.830.980.830.980.79-0.06
0.820.680.790.760.770.640.590.110.810.80.020.810.760.790.690.790.770.70.690.860.720.730.780.7-0.42
0.990.990.80.910.770.980.090.230.811.0-0.010.810.80.790.990.760.870.990.930.850.90.950.910.84-0.15
0.971.00.740.890.640.98-0.080.270.750.970.010.750.770.751.00.70.851.00.910.780.890.940.890.83-0.03
0.11-0.060.10.030.590.09-0.08-0.240.120.11-0.30.120.10.2-0.050.130.07-0.040.090.14-0.020.140.0-0.01-0.62
0.250.270.10.270.110.230.27-0.240.210.250.440.210.10.460.270.060.20.280.110.210.220.20.250.370.65
0.850.80.780.730.810.810.750.120.210.820.261.00.680.830.80.730.820.80.680.990.740.730.830.85-0.18
1.00.980.820.920.81.00.970.110.250.820.010.820.830.820.980.780.890.990.920.870.910.950.930.86-0.14
0.040.040.160.110.02-0.010.01-0.30.440.260.010.260.120.140.040.120.220.040.060.250.07-0.090.190.150.5
0.850.80.780.730.810.810.750.120.211.00.820.260.680.830.80.730.820.80.680.990.740.730.830.85-0.18
0.830.780.970.950.760.80.770.10.10.680.830.120.680.650.780.950.810.80.840.790.940.70.920.68-0.13
0.840.780.650.730.790.790.750.20.460.830.820.140.830.650.790.610.760.790.670.840.680.740.780.93-0.1
0.981.00.760.890.690.991.0-0.050.270.80.980.040.80.780.790.720.871.00.910.830.890.940.910.86-0.06
0.80.730.990.910.790.760.70.130.060.730.780.120.730.950.610.720.760.740.770.830.930.630.910.65-0.18
0.90.870.790.850.770.870.850.070.20.820.890.220.820.810.760.870.760.870.770.860.790.890.890.82-0.19
0.981.00.790.910.70.991.0-0.040.280.80.990.040.80.80.791.00.740.870.910.840.910.940.920.86-0.06
0.910.910.80.890.690.930.910.090.110.680.920.060.680.840.670.910.770.770.910.750.90.840.880.74-0.13
0.890.830.870.830.860.850.780.140.210.990.870.250.990.790.840.830.830.860.840.750.820.760.90.86-0.19
0.910.90.940.980.720.90.89-0.020.220.740.910.070.740.940.680.890.930.790.910.90.820.780.950.75-0.03
0.940.940.670.830.730.950.940.140.20.730.95-0.090.730.70.740.940.630.890.940.840.760.780.830.8-0.24
0.940.910.930.980.780.910.890.00.250.830.930.190.830.920.780.910.910.890.920.880.90.950.830.85-0.1
0.870.860.70.790.70.840.83-0.010.370.850.860.150.850.680.930.860.650.820.860.740.860.750.80.85-0.1
-0.15-0.05-0.14-0.06-0.42-0.15-0.03-0.620.65-0.18-0.140.5-0.18-0.13-0.1-0.06-0.18-0.19-0.06-0.13-0.19-0.03-0.24-0.1-0.1
Click cells to compare fundamentals

Penn National Account Relationship Matchups

Penn National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.2B14.7B16.9B17.5B16.1B16.9B
Short Long Term Debt Total11.3B11.2B11.6B12.9B11.5B12.1B
Other Current Liab147.1M500.1M694.9M694.5M1.0B1.1B
Total Current Liabilities905.6M860M1.1B1.2B1.5B1.6B
Total Stockholder Equity1.9B2.7B4.1B3.6B3.2B3.4B
Property Plant And Equipment Net10.0B9.3B9.4B10.6B9.8B10.3B
Net Debt10.9B9.3B9.7B11.3B10.5B11.0B
Retained Earnings161.6M(507.3M)(86.5M)154.5M(335.5M)(318.7M)
Accounts Payable40.3M33.2M53.3M40.1M36.6M28.9M
Cash437.4M1.9B1.9B1.6B1.1B1.1B
Non Current Assets Total13.6B12.6B14.6B15.5B14.4B15.1B
Non Currrent Assets Other(75.9M)171.6M74M159M69.7M130.9M
Cash And Short Term Investments437.4M1.9B1.9B1.6B1.1B1.1B
Net Receivables88.7M96.4M195M246.4M319M335.0M
Common Stock Shares Outstanding117.8M134M175.5M176.6M152.1M97.6M
Liabilities And Stockholders Equity14.2B14.7B16.9B17.5B16.1B16.9B
Non Current Liabilities Total11.4B11.2B11.6B12.7B11.4B11.9B
Other Current Assets40M134.8M164.7M143M268.2M281.6M
Other Stockholder Equity1.7B3.1B4.2B3.6B3.7B3.8B
Total Liab12.3B12.0B12.8B13.9B12.9B13.5B
Property Plant And Equipment Gross10.0B9.3B4.6B14.0B12.3B12.9B
Total Current Assets642.8M2.1B2.2B2.0B1.7B1.7B
Short Term Debt234M251.7M281.4M313.9M431.5M453.1M
Intangible Assets2.0B1.5B1.9B1.7B1.6B1.7B
Common Stock Total Equity1.2M1.2M1.6M1.7M2.0M2.1M
Common Stock1.2M1.2M1.6M1.7M1.8M971.5K
Other Assets106.4M133M157M161.2M185.4M218.9M
Long Term Debt2.3B2.2B2.6B2.7B2.7B2.0B
Good Will1.3B1.2B2.8B2.7B2.7B1.4B
Property Plant Equipment5.1B4.5B9.4B4.5B5.2B2.8B
Current Deferred Revenue484.2M437.7M597.5M33.9M639.7M671.7M
Other Liab342.6M245.7M318.1M151.8M174.6M129.1M
Net Tangible Assets(1.4B)(37.5M)320.5M888.8M799.9M839.9M
Noncontrolling Interest In Consolidated Entity(800K)(400K)(700K)(1.1M)(990K)(940.5K)
Retained Earnings Total Equity161.6M(507.3M)(86.5M)154.5M139.1M146.0M
Long Term Debt Total2.3B2.2B2.6B2.7B3.1B2.7B
Capital Surpluse1.7B3.2B4.2B4.2B4.9B5.1B
Inventory76.7M103.5M132.3M106.1M225.6M113.9M

Pair Trading with Penn National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Penn National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Penn National will appreciate offsetting losses from the drop in the long position's value.

Moving together with Penn Stock

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Moving against Penn Stock

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The ability to find closely correlated positions to Penn National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penn National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Penn National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Penn National Gaming to buy it.
The correlation of Penn National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Penn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penn National Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Penn National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Penn National Gaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penn National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penn National Gaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penn National Gaming Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Hotels, Restaurants & Leisure 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 Penn National. If investors know Penn 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 Penn National 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
2.089
Earnings Share
(3.52)
Revenue Per Share
41.491
Quarterly Revenue Growth
0.012
Return On Assets
(0.0008)
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National'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 Penn National's market value can be influenced by many factors that don't directly affect Penn National'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 Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National'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.