Principal Historical Balance Sheet
PFG Stock | USD 87.04 1.31 1.53% |
Trend analysis of Principal Financial Group balance sheet accounts such as Other Liabilities of 306.3 B, Retained Earnings of 17.5 B, Cash of 2.5 B or Other Assets of 167.2 B provides information on Principal Financial's total assets, liabilities, and equity, which is the actual value of Principal Financial to its prevalent stockholders. By breaking down trends over time using Principal Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Principal Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Principal Financial is a good buy for the upcoming year.
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About Principal Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Principal Financial at a specified time, usually calculated after every quarter, six months, or one year. Principal Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Principal Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Principal currently owns. An asset can also be divided into two categories, current and non-current.
Principal Financial Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Principal Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Principal Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Principal Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Principal Financial Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Additional Paid In Capital
Additional Paid In Capital (or APIC) is an accounting term found on Principal Financial Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Principal Financial Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Principal Financial Group shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.Most accounts from Principal Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Principal Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Principal Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Principal Financial's Short Term Investments are most likely to increase significantly in the upcoming years. The Principal Financial's current Non Current Liabilities Total is estimated to increase to about 287.8 B, while Short and Long Term Debt Total is projected to decrease to roughly 3.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.4B | 24.5B | 4.0B | 3.9B | Total Assets | 321.2B | 303.0B | 305.0B | 207.9B |
Principal Financial balance sheet Correlations
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Principal Financial Account Relationship Matchups
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Principal Financial balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 291.1B | 313.5B | 321.2B | 303.0B | 305.0B | 207.9B | |
Short Long Term Debt Total | 3.8B | 4.4B | 4.4B | 24.5B | 4.0B | 3.9B | |
Other Current Liab | (93.4M) | (107M) | (95.3M) | 19.2M | (19.7B) | (18.7B) | |
Total Current Liabilities | 93.4M | 84.7M | 79.8M | 20.5B | 73M | 69.4M | |
Total Stockholder Equity | 14.6B | 16.6B | 16.1B | 10.0B | 10.9B | 10.5B | |
Other Liab | 254.2B | 272.2B | 283.8B | 253.7B | 291.7B | 306.3B | |
Net Debt | 1.3B | 1.5B | 2.0B | (770.3M) | (715.7M) | (679.9M) | |
Retained Earnings | 11.1B | 11.8B | 12.9B | 17.0B | 16.7B | 17.5B | |
Cash | 2.5B | 2.8B | 2.3B | 4.8B | 4.7B | 2.5B | |
Other Assets | 139.6B | 144.5B | 153.7B | 288.0B | 294.7B | 167.2B | |
Long Term Debt | 3.7B | 4.3B | 4.3B | 24.4B | 3.9B | 3.5B | |
Cash And Short Term Investments | 72.6B | 81.6B | 80.5B | 67.7B | 4.7B | 4.5B | |
Good Will | 1.7B | 1.7B | 1.6B | 1.6B | 1.6B | 954.5M | |
Common Stock Shares Outstanding | 281M | 276.6M | 272.9M | 255.3M | 244.6M | 238.2M | |
Short Term Investments | 70.1B | 78.7B | 78.2B | 62.9B | 22.5B | 32.1B | |
Liabilities And Stockholders Equity | 291.1B | 313.5B | 321.2B | 303.0B | 305.0B | 207.9B | |
Non Current Liabilities Total | 5.5B | 6.6B | 6.6B | 261.4B | 274.1B | 287.8B | |
Other Stockholder Equity | 2.5B | 2.3B | 1.6B | 153.5M | (427.1M) | (405.7M) | |
Total Liab | 276.1B | 296.6B | 304.7B | 292.7B | 293.8B | 197.2B | |
Total Current Assets | 74.4B | 83.3B | 82.3B | 10.9B | 4.7B | 4.5B | |
Accumulated Other Comprehensive Income | 1.0B | 2.4B | 1.6B | (7.2B) | (5.3B) | (5.1B) | |
Intangible Assets | 1.8B | 1.7B | 1.6B | 1.5B | 1.5B | 1.2B | |
Property Plant Equipment | 967.7M | 1.0B | 1.0B | 996.1M | 1.1B | 672.2M | |
Property Plant And Equipment Net | 967.7M | 1.0B | 1.0B | 996.1M | 938.4M | 692.8M | |
Non Current Assets Total | 77.1B | 85.7B | 85.2B | 4.1B | 5.6B | 5.3B | |
Non Currrent Assets Other | (1.8B) | (2.3B) | (2.3B) | (66.6B) | (66.4B) | (69.7B) | |
Net Receivables | 1.7B | 1.7B | 1.8B | 26.3B | 24.6B | 25.8B | |
Other Current Assets | 7.3B | 7.7B | 6.5B | 11.5B | 10.6B | 10.1B | |
Property Plant And Equipment Gross | 759.5M | 767.3M | 967.7M | 1.0B | 1.2B | 633.3M | |
Treasury Stock | (7.4B) | (7.7B) | (8.0B) | (8.9B) | (8.0B) | (7.6B) | |
Short Term Debt | 93.4M | 84.7M | 79.8M | 80.7M | 61.1M | 58.0M | |
Noncontrolling Interest In Consolidated Entity | 67.8M | 58.4M | 56.4M | 41.1M | 47.3M | 51.5M | |
Accounts Payable | 16.2M | 22.3M | 15.5M | 20.4B | 19.6B | 20.6B | |
Retained Earnings Total Equity | 11.1B | 11.8B | 12.9B | 17.0B | 19.6B | 20.6B | |
Inventory | (7.3B) | (7.7B) | (6.5B) | (94.6B) | (57.7B) | (54.8B) | |
Deferred Long Term Liab | 1.8B | 2.3B | 2.3B | 1.2B | 1.4B | 1.1B | |
Net Tangible Assets | 11.4B | 13.4B | 13.2B | 7.1B | 8.2B | 10.4B |
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When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial'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 Principal Financial's future performance. For an informed investment choice regarding Principal 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 Principal Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Life & Health Insurance 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 Principal Financial. If investors know Principal 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 Principal Financial 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 (0.06) | Dividend Share 2.79 | Earnings Share (0.74) | Revenue Per Share 59.953 | Quarterly Revenue Growth (0.34) |
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial'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 Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial'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 Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial'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.