Principal Capital Stock vs Accounts Payable Analysis
PFG Stock | USD 84.70 0.55 0.65% |
Principal Financial financial indicator trend analysis is much more than just breaking down Principal Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Principal Financial is a good investment. Please check the relationship between Principal Financial Capital Stock and its Accounts Payable accounts. 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.
Capital Stock vs Accounts Payable
Capital Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Principal Financial Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Principal Financial's Capital Stock and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Principal Financial Group, assuming nothing else is changed. The correlation between historical values of Principal Financial's Capital Stock 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 Capital Stock of Principal Financial Group 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 Capital Stock i.e., Principal Financial's Capital Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Accounts Payable
An accounting item on the balance sheet that represents Principal Financial 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 Principal Financial 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 Principal Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. The current Selling General Administrative is estimated to decrease to about 3.7 B. The current Tax Provision is estimated to decrease to about 65.3 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 14.3B | 17.5B | 13.7B | 12.3B | Total Revenue | 14.3B | 17.5B | 13.7B | 12.3B |
Principal Financial fundamental ratios Correlations
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Principal Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Principal Financial fundamental ratios 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 | 293.8B | 308.5B | |
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.