Packaging Common Stock vs Total Liab Analysis

PKG Stock  USD 246.39  1.09  0.44%   
Packaging Corp financial indicator trend analysis is much more than just breaking down Packaging Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Packaging Corp is a good investment. Please check the relationship between Packaging Corp Common Stock and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Packaging Corp Common Stock account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Packaging Corp's Common Stock and Total Liab is -0.02. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Packaging Corp of, assuming nothing else is changed. The correlation between historical values of Packaging Corp's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Packaging Corp of are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Packaging Corp's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Packaging Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Packaging Corp 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 Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, Packaging Corp's Tax Provision is most likely to increase significantly in the upcoming years. The Packaging Corp's current Sales General And Administrative To Revenue is estimated to increase to 0.1, while Selling General Administrative is projected to decrease to roughly 378.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B1.7B990.9M
Total Revenue7.7B8.5B7.8B4.4B

Packaging Corp fundamental ratios Correlations

0.920.720.60.730.840.620.930.85-0.420.96-0.280.680.80.10.930.720.30.650.740.550.480.81-0.50.870.56
0.920.720.520.520.710.640.930.75-0.220.85-0.20.660.74-0.060.980.570.170.840.520.340.260.77-0.380.660.38
0.720.720.40.460.880.940.750.92-0.40.75-0.160.960.6-0.160.830.470.130.620.470.250.280.61-0.180.670.33
0.60.520.40.890.570.410.540.55-0.020.56-0.860.390.90.20.520.930.90.230.880.610.780.86-0.870.760.87
0.730.520.460.890.680.370.580.66-0.330.7-0.770.440.90.210.540.980.750.21.00.790.850.87-0.840.920.88
0.840.710.880.570.680.870.780.99-0.540.84-0.240.910.680.160.810.650.350.40.690.480.520.65-0.350.880.59
0.620.640.940.410.370.870.680.89-0.320.64-0.110.960.51-0.030.760.390.180.50.380.130.230.5-0.130.590.33
0.930.930.750.540.580.780.680.82-0.380.93-0.190.710.740.040.950.60.160.80.590.370.280.78-0.370.720.45
0.850.750.920.550.660.990.890.82-0.530.86-0.230.940.690.090.850.640.290.50.670.470.480.68-0.350.860.52
-0.42-0.22-0.4-0.02-0.33-0.54-0.32-0.38-0.53-0.49-0.15-0.44-0.2-0.04-0.31-0.210.13-0.09-0.34-0.31-0.17-0.16-0.12-0.48-0.24
0.960.850.750.560.70.840.640.930.86-0.49-0.250.680.760.040.880.660.250.640.710.440.380.78-0.460.850.56
-0.28-0.2-0.16-0.86-0.77-0.24-0.11-0.19-0.23-0.15-0.25-0.1-0.760.03-0.18-0.81-0.85-0.06-0.77-0.55-0.72-0.730.91-0.52-0.75
0.680.660.960.390.440.910.960.710.94-0.440.68-0.10.52-0.050.780.460.150.510.450.320.350.53-0.140.670.31
0.80.740.60.90.90.680.510.740.69-0.20.76-0.760.520.060.740.920.650.510.90.580.640.97-0.790.830.82
0.1-0.06-0.160.20.210.16-0.030.040.09-0.040.040.03-0.050.06-0.030.140.23-0.310.210.10.180.0-0.10.190.29
0.930.980.830.520.540.810.760.950.85-0.310.88-0.180.780.74-0.030.580.170.810.550.360.30.76-0.340.710.39
0.720.570.470.930.980.650.390.60.64-0.210.66-0.810.460.920.140.580.790.270.970.820.890.91-0.860.880.85
0.30.170.130.90.750.350.180.160.290.130.25-0.850.150.650.230.170.79-0.180.740.560.810.59-0.830.590.81
0.650.840.620.230.20.40.50.80.5-0.090.64-0.060.510.51-0.310.810.27-0.180.220.08-0.080.62-0.180.30.0
0.740.520.470.881.00.690.380.590.67-0.340.71-0.770.450.90.210.550.970.740.220.80.850.88-0.840.920.87
0.550.340.250.610.790.480.130.370.47-0.310.44-0.550.320.580.10.360.820.560.080.80.930.62-0.660.730.51
0.480.260.280.780.850.520.230.280.48-0.170.38-0.720.350.640.180.30.890.81-0.080.850.930.64-0.760.760.69
0.810.770.610.860.870.650.50.780.68-0.160.78-0.730.530.970.00.760.910.590.620.880.620.64-0.810.810.7
-0.5-0.38-0.18-0.87-0.84-0.35-0.13-0.37-0.35-0.12-0.460.91-0.14-0.79-0.1-0.34-0.86-0.83-0.18-0.84-0.66-0.76-0.81-0.67-0.75
0.870.660.670.760.920.880.590.720.86-0.480.85-0.520.670.830.190.710.880.590.30.920.730.760.81-0.670.78
0.560.380.330.870.880.590.330.450.52-0.240.56-0.750.310.820.290.390.850.810.00.870.510.690.7-0.750.78
Click cells to compare fundamentals

Packaging Corp Account Relationship Matchups

Packaging Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B7.4B7.8B8.0B8.7B4.5B
Short Long Term Debt Total2.7B2.7B2.7B2.8B3.2B1.7B
Other Current Liab307.8M238.1M277.2M299.5M283.9M187.2M
Total Current Liabilities723.8M782.6M884.8M875.5M1.3B1.3B
Total Stockholder Equity3.1B3.2B3.6B3.7B4.0B4.2B
Property Plant And Equipment Net3.4B3.4B3.8B4.2B4.1B2.4B
Net Debt2.1B1.8B2.1B2.5B2.5B1.4B
Accounts Payable351.9M387M452.4M410.4M402.4M253.1M
Non Current Assets Total4.8B4.7B5.1B5.5B5.4B3.0B
Non Currrent Assets Other(284.3M)(326.2M)(421M)(501M)67.2M70.6M
Net Receivables872.1M837.5M1.1B1.1B1.0B559.4M
Common Stock Shares Outstanding94.1M94.4M94.5M92.7M89.5M79.7M
Liabilities And Stockholders Equity7.2B7.4B7.8B8.0B8.7B4.4B
Non Current Liabilities Total3.4B3.4B3.3B3.5B3.4B2.1B
Inventory794.1M787.9M902.5M977.3M1.0B1.1B
Other Current Assets44.8M44.7M47M58.3M62.3M44.5M
Total Liab4.2B4.2B4.2B4.3B4.7B2.7B
Total Current Assets2.5B2.8B2.7B2.5B3.3B3.4B
Accumulated Other Comprehensive Income(159.5M)(144.5M)(75.2M)(102.4M)(70.9M)(74.4M)
Short Term Debt64.1M141M137.6M148.2M560.8M588.8M
Intangible Assets338.8M295.9M308.4M267.9M229.6M167.8M
Retained Earnings2.7B2.8B3.1B3.2B3.4B3.6B
Cash679.5M974.6M618.7M320M648M680.4M
Cash And Short Term Investments767.4M1.1B704.8M405.2M1.1B1.2B
Good Will918.7M863.5M923.5M922.4M1.1B1.1B
Other Stockholder Equity524.8M554.4M579.4M581.8M620.1M506.5M
Property Plant And Equipment Gross3.4B3.4B8.1B8.8B9.1B9.5B
Other Liab770.6M736.9M681.3M742.2M853.5M896.2M
Other Assets54.4M227M41.6M42M48.3M59.9M
Long Term Debt2.5B2.5B2.5B2.5B2.5B1.7B
Property Plant Equipment3.2B3.2B3.5B4.2B4.8B5.1B
Net Tangible Assets1.8B2.1B2.5B2.5B2.8B3.0B
Retained Earnings Total Equity2.7B2.8B3.1B3.2B3.7B1.9B
Long Term Debt Total2.5B2.5B2.5B2.5B2.9B2.3B
Capital Surpluse524.8M554.4M579.4M581.8M669.1M509.7M
Capital Lease Obligations257.7M258.5M260.8M319.5M301.4M316.5M

Currently Active Assets on Macroaxis

When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp'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 Packaging Corp's future performance. For an informed investment choice regarding Packaging 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 Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Paper & Plastic Packaging Products & Materials 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 Packaging Corp. If investors know Packaging 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 Packaging Corp 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
0.3
Dividend Share
5
Earnings Share
8.57
Revenue Per Share
91.752
Quarterly Revenue Growth
0.127
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp'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 Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp'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 Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp'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.