Principal Selling General Administrative vs Minority Interest Analysis
PFG Stock | USD 85.73 1.03 1.22% |
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 Selling General Administrative and its Minority Interest 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.
Selling General Administrative vs Minority Interest
Selling General Administrative vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Principal Financial Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Principal Financial's Selling General Administrative and Minority Interest is 0.14. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest 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 Selling General Administrative 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 Selling General Administrative of Principal Financial Group 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 Selling General Administrative i.e., Principal Financial's Selling General Administrative and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling General Administrative
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 Principal Financial Group whose combined shares represent less than 50% of the total outstanding shares issued by Principal Financial have a minority interest in Principal Financial.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 | 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.