Procter Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

PG Stock  USD 176.28  3.53  2.04%   
Procter Gamble financial indicator trend analysis is much more than just breaking down Procter Gamble prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procter Gamble is a good investment. Please check the relationship between Procter Gamble Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procter Gamble. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Procter Stock please use our How to Invest in Procter Gamble guide.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procter Gamble Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Procter Gamble's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.59. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Procter Gamble, assuming nothing else is changed. The correlation between historical values of Procter Gamble's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Procter Gamble are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Procter Gamble's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Procter Gamble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procter Gamble 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 Procter Gamble. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Procter Stock please use our How to Invest in Procter Gamble guide.At this time, Procter Gamble's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit38.0B39.2B43.4B29.0B
Total Revenue80.2B82.0B84.0B59.7B

Procter Gamble fundamental ratios Correlations

0.95-0.110.90.950.940.910.580.480.990.30.560.860.380.970.780.64-0.090.960.870.860.970.350.960.10.94
0.950.060.980.810.980.890.730.620.940.440.670.790.140.960.780.47-0.340.990.840.820.870.540.850.250.96
-0.110.060.18-0.310.14-0.060.590.24-0.080.71-0.240.09-0.78-0.010.37-0.04-0.850.08-0.24-0.37-0.190.8-0.180.830.11
0.90.980.180.730.960.840.760.660.880.480.660.730.040.90.780.43-0.440.970.810.760.780.610.760.320.93
0.950.81-0.310.730.810.850.380.290.940.120.450.840.590.870.680.70.170.820.840.870.970.110.97-0.050.82
0.940.980.140.960.810.910.760.540.950.50.550.860.080.960.840.53-0.390.980.770.740.880.590.860.320.97
0.910.89-0.060.840.850.910.630.190.920.280.490.820.220.880.690.48-0.20.880.730.790.880.40.890.20.91
0.580.730.590.760.380.760.630.480.580.80.450.56-0.50.640.640.22-0.830.710.50.390.490.940.510.740.8
0.480.620.240.660.290.540.190.480.440.470.590.29-0.070.550.490.19-0.390.610.550.40.360.470.310.190.51
0.990.94-0.080.880.940.950.920.580.440.310.480.90.370.970.820.66-0.110.950.80.820.980.360.960.130.93
0.30.440.710.480.120.50.280.80.470.310.170.43-0.590.370.520.0-0.760.430.210.10.230.820.260.710.49
0.560.67-0.240.660.450.550.490.450.590.480.170.150.090.550.09-0.03-0.20.620.780.70.420.260.43-0.140.62
0.860.790.090.730.840.860.820.560.290.90.430.150.240.820.910.67-0.150.80.590.640.880.40.880.350.81
0.380.14-0.780.040.590.080.22-0.5-0.070.37-0.590.090.240.270.060.460.860.170.380.470.46-0.710.45-0.70.08
0.970.96-0.010.90.870.960.880.640.550.970.370.550.820.270.790.59-0.20.980.810.760.940.450.910.140.95
0.780.780.370.780.680.840.690.640.490.820.520.090.910.060.790.66-0.370.80.490.490.770.570.730.530.76
0.640.47-0.040.430.70.530.480.220.190.660.0-0.030.670.460.590.660.170.530.440.50.730.110.710.040.5
-0.09-0.34-0.85-0.440.17-0.39-0.2-0.83-0.39-0.11-0.76-0.2-0.150.86-0.2-0.370.17-0.32-0.030.10.04-0.940.03-0.83-0.38
0.960.990.080.970.820.980.880.710.610.950.430.620.80.170.980.80.53-0.320.830.780.890.530.860.230.97
0.870.84-0.240.810.840.770.730.50.550.80.210.780.590.380.810.490.44-0.030.830.880.790.240.79-0.010.82
0.860.82-0.370.760.870.740.790.390.40.820.10.70.640.470.760.490.50.10.780.880.840.120.84-0.110.75
0.970.87-0.190.780.970.880.880.490.360.980.230.420.880.460.940.770.730.040.890.790.840.250.990.040.88
0.350.540.80.610.110.590.40.940.470.360.820.260.4-0.710.450.570.11-0.940.530.240.120.250.260.840.6
0.960.85-0.180.760.970.860.890.510.310.960.260.430.880.450.910.730.710.030.860.790.840.990.260.060.88
0.10.250.830.32-0.050.320.20.740.190.130.71-0.140.35-0.70.140.530.04-0.830.23-0.01-0.110.040.840.060.32
0.940.960.110.930.820.970.910.80.510.930.490.620.810.080.950.760.5-0.380.970.820.750.880.60.880.32
Click cells to compare fundamentals

Procter Gamble Account Relationship Matchups

Procter Gamble fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.7B119.3B117.2B120.8B122.4B85.6B
Short Long Term Debt Total34.7B32.0B31.5B34.6B33.4B22.7B
Other Current Liab3.1B9.7B8.8B9.9B9.8B10.2B
Total Current Liabilities33.0B33.1B33.1B35.8B33.6B21.4B
Total Stockholder Equity46.5B46.4B46.6B46.8B50.3B37.2B
Property Plant And Equipment Net20.7B21.7B21.2B21.9B23.0B17.1B
Net Debt18.5B21.7B24.3B26.4B23.9B17.8B
Retained Earnings100.2B106.4B112.4B118.2B123.8B130.0B
Cash16.2B10.3B7.2B8.2B9.5B4.8B
Non Current Assets Total92.7B96.2B95.6B98.2B97.7B66.5B
Non Currrent Assets Other8.3B10.0B4.0B11.8B12.3B12.9B
Cash And Short Term Investments16.2B10.3B7.2B8.2B9.5B6.1B
Net Receivables4.2B4.7B5.1B5.5B6.1B4.6B
Common Stock Shares Outstanding2.6B2.6B2.5B2.5B2.5B2.3B
Liabilities And Stockholders Equity120.7B119.3B117.2B120.8B122.4B85.6B
Non Current Liabilities Total40.8B39.5B37.3B38.0B38.2B26.9B
Inventory5.5B6.0B6.9B7.1B7.0B5.2B
Other Current Assets2.1B4.2B4.7B1.9B2.1B2.9B
Other Stockholder Equity(41.4B)(50.1B)(57.6B)(63.2B)(65.7B)(62.4B)
Total Liab73.8B72.7B70.4B73.8B71.8B48.3B
Total Current Assets28.0B23.1B21.7B22.6B24.7B19.1B
Short Term Debt11.2B9.1B8.9B10.5B7.5B7.1B
Intangible Assets23.8B23.6B23.7B23.8B22.0B19.1B
Accounts Payable12.1B13.7B14.9B14.6B15.4B16.1B
Good Will39.9B40.9B39.7B40.7B40.3B37.2B
Property Plant And Equipment Gross20.7B21.7B46.7B48.6B50.1B52.6B
Accumulated Other Comprehensive Income(17.2B)(14.8B)(13.1B)(13.0B)(12.6B)(12.0B)
Current Deferred Revenue6.7B6.6B7.4B1.0B1.2B1.1B
Other Liab16.7B16.4B14.4B13.6B15.7B11.2B
Other Assets7.4B10.0B11.0B11.0B12.7B13.3B
Long Term Debt23.5B23.1B22.8B24.4B25.3B21.5B
Property Plant Equipment21.5B21.7B21.2B21.9B25.2B20.7B
Treasury Stock(105.6B)(115.0B)(123.4B)(129.7B)(116.8B)(122.6B)
Net Tangible Assets(18.1B)(17.9B)(16.5B)(18.5B)(21.3B)(22.3B)

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procter Gamble. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Procter Stock please use our How to Invest in Procter Gamble guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Household Products 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 Procter Gamble. If investors know Procter 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 Procter Gamble 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
(0.12)
Dividend Share
3.894
Earnings Share
5.8
Revenue Per Share
35.566
Quarterly Revenue Growth
(0.01)
The market value of Procter Gamble is measured differently than its book value, which is the value of Procter that is recorded on the company's balance sheet. Investors also form their own opinion of Procter Gamble's value that differs from its market value or its book value, called intrinsic value, which is Procter Gamble'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 Procter Gamble's market value can be influenced by many factors that don't directly affect Procter Gamble'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 Procter Gamble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Procter Gamble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procter Gamble'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.