PennyMac Inventory vs Short Term Investments Analysis
PFSI Stock | USD 105.62 1.67 1.61% |
PennyMac Finl financial indicator trend analysis is much more than just breaking down PennyMac Finl Svcs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennyMac Finl Svcs is a good investment. Please check the relationship between PennyMac Finl Inventory and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Finl Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Inventory vs Short Term Investments
Inventory vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennyMac Finl Svcs Inventory account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between PennyMac Finl's Inventory and Short Term Investments is 0.2. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of PennyMac Finl Svcs, assuming nothing else is changed. The correlation between historical values of PennyMac Finl's Inventory and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of PennyMac Finl Svcs are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Inventory i.e., PennyMac Finl's Inventory and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Short Term Investments
Short Term Investments is an item under the current assets section of PennyMac Finl balance sheet. It contains any investments PennyMac Finl Svcs undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that PennyMac Finl Svcs can easily liquidate in the marketplace.Most indicators from PennyMac Finl's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennyMac Finl Svcs 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 PennyMac Finl Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, PennyMac Finl's Selling General Administrative is increasing as compared to previous years. The PennyMac Finl's current Sales General And Administrative To Revenue is estimated to increase to 0.30, while Tax Provision is projected to decrease to under 82.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 90.5M | 50.2M | 637.8M | 669.7M | Depreciation And Amortization | 3.1B | 1.8B | 70.0M | 66.5M |
PennyMac Finl fundamental ratios Correlations
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PennyMac Finl Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PennyMac Finl fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 80.3M | 78.7M | 67.5M | 56.0M | 52.7M | 57.6M | |
Total Assets | 10.2B | 31.6B | 18.8B | 16.8B | 18.8B | 10.6B | |
Short Long Term Debt Total | 7.1B | 26.9B | 14.0B | 11.8B | 13.5B | 7.6B | |
Other Current Liab | 550.7M | (10.2B) | (107.6M) | (347.0M) | (5.1B) | (4.8B) | |
Total Current Liabilities | 5.1B | 10.9B | 8.6B | 4.5B | 5.3B | 3.9B | |
Total Stockholder Equity | 2.1B | 3.4B | 3.4B | 3.5B | 3.5B | 3.7B | |
Other Liab | 681.1M | 253.5M | 304.9M | 1.3B | 1.5B | 1.5B | |
Property Plant And Equipment Net | 103.6M | 74.9M | 89.0M | 65.9M | 68.9M | 45.8M | |
Net Debt | 6.9B | 26.4B | 13.6B | 10.5B | 12.6B | 7.3B | |
Retained Earnings | 726.4M | 2.3B | 3.3B | 3.5B | 3.5B | 3.7B | |
Accounts Payable | 427.1M | 580.5M | 587.4M | 552.9M | 658.1M | 489.7M | |
Cash | 188.3M | 532.7M | 340.1M | 1.3B | 938.4M | 985.3M | |
Non Current Assets Total | 3.6B | 4.1B | 4.9B | 6.5B | 17.9B | 18.8B | |
Non Currrent Assets Other | 313.9M | 773.0M | 616.6M | (16.3B) | 10.4B | 10.9B | |
Other Assets | 155.5M | 31.1B | 18.3B | 15.4B | 17.7B | 18.6B | |
Long Term Debt | 5.9B | 1.9B | 6.6B | 8.7B | 9.7B | 10.2B | |
Cash And Short Term Investments | 262.9M | 547.9M | 346.9M | 1.3B | 948.6M | 996.1M | |
Net Receivables | 1.1B | 26.4B | 13.0B | 8.3B | 132.3M | 125.6M | |
Short Term Investments | 74.6M | 15.2M | 6.9M | 12.2M | 10.3M | 9.8M | |
Liabilities And Stockholders Equity | 10.2B | 31.6B | 18.8B | 16.8B | 18.8B | 10.6B | |
Non Current Liabilities Total | 3.0B | 17.3B | 6.8B | 8.9B | 10.1B | 10.6B | |
Inventory | 5.7B | 1.3B | 7.5M | (107.0M) | (1.0B) | (972.7M) | |
Other Current Assets | (418.6M) | 903.4M | 904.2M | 803.8M | 881.4M | 1.4B | |
Other Stockholder Equity | 1.3B | 1.0B | 125.4M | (6.9B) | 24.3M | 25.5M | |
Total Liab | 8.1B | 28.2B | 15.4B | 13.4B | 15.3B | 8.6B | |
Property Plant And Equipment Gross | 103.6M | 74.9M | 89.0M | 65.9M | 132.6M | 139.2M | |
Total Current Assets | 6.6B | 27.5B | 13.9B | 10.3B | 938.4M | 891.5M | |
Short Term Debt | 4.1B | 9.7B | 7.3B | 3.3B | 8.7B | 9.1B | |
Intangible Assets | 3.0B | 2.6B | 3.9B | 6.0B | 7.2B | 7.6B | |
Property Plant Equipment | 103.6M | 74.9M | 89.0M | 94.2M | 108.4M | 113.8M | |
Retained Earnings Total Equity | 726.4M | 2.3B | 3.3B | 3.5B | 4.0B | 4.2B | |
Net Tangible Assets | 2.0B | 3.4B | 3.4B | 3.5B | 4.0B | 4.2B | |
Long Term Investments | 1.7M | 12.3B | 1.3M | 929K | 1.1M | 1.1M | |
Short Long Term Debt | 4.1B | 9.7B | 7.3B | 3.0B | 3.8B | 4.2B | |
Long Term Debt Total | 1.3B | 1.9B | 1.8B | 2.3B | 2.6B | 1.3B |
Currently Active Assets on Macroaxis
When determining whether PennyMac Finl Svcs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PennyMac Finl'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 Pennymac Finl Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pennymac Finl Svcs Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Finl Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Commercial & Residential Mortgage Finance 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 PennyMac Finl. If investors know PennyMac 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 PennyMac Finl 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 (0.27) | Dividend Share 1 | Earnings Share 3.18 | Revenue Per Share 54.823 | Quarterly Revenue Growth 4.826 |
The market value of PennyMac Finl Svcs is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Finl's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Finl'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 PennyMac Finl's market value can be influenced by many factors that don't directly affect PennyMac Finl'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 PennyMac Finl's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Finl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Finl'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.