POSCO Sale Purchase Of Stock vs Depreciation Analysis

PKX Stock  USD 51.62  1.98  3.69%   
POSCO Holdings financial indicator trend analysis is much more than just breaking down POSCO Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POSCO Holdings is a good investment. Please check the relationship between POSCO Holdings Sale Purchase Of Stock and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POSCO Holdings. 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.
For more information on how to buy POSCO Stock please use our How to Invest in POSCO Holdings guide.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POSCO Holdings Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between POSCO Holdings' Sale Purchase Of Stock and Depreciation is -0.23. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of POSCO Holdings, assuming nothing else is changed. The correlation between historical values of POSCO Holdings' Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of POSCO Holdings are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., POSCO Holdings' Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of POSCO Holdings value has been used up. For tax purposes POSCO Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, POSCO Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from POSCO Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POSCO Holdings 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 POSCO Holdings. 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.
For more information on how to buy POSCO Stock please use our How to Invest in POSCO Holdings guide.Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 T in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense439.8B607.5B1.0T801.6B
Depreciation And Amortization3.6T3.7T3.8T2.7T

POSCO Holdings fundamental ratios Correlations

0.880.830.970.980.880.770.970.920.490.930.110.510.91-0.320.850.9-0.21-0.180.950.930.790.710.4-0.190.32
0.880.820.940.780.910.950.780.750.380.940.260.150.96-0.070.950.71-0.320.090.970.70.890.74-0.02-0.23-0.09
0.830.820.810.770.690.710.770.750.490.770.170.40.77-0.360.870.76-0.070.120.860.780.650.70.26-0.150.19
0.970.940.810.910.90.850.90.90.440.950.20.340.95-0.120.870.85-0.28-0.10.980.850.880.740.2-0.220.15
0.980.780.770.910.820.661.00.890.480.880.070.620.83-0.410.740.9-0.16-0.260.860.950.710.680.55-0.140.46
0.880.910.690.90.820.90.810.730.270.98-0.030.170.95-0.090.830.62-0.43-0.240.90.650.880.660.05-0.160.05
0.770.950.710.850.660.90.660.60.120.90.27-0.050.930.130.850.57-0.380.130.880.520.880.75-0.18-0.21-0.2
0.970.780.770.91.00.810.660.880.470.870.10.620.83-0.410.740.9-0.17-0.240.860.950.710.670.55-0.150.44
0.920.750.750.90.890.730.60.880.560.790.010.550.82-0.290.780.94-0.1-0.230.880.930.620.510.43-0.150.41
0.490.380.490.440.480.270.120.470.560.35-0.190.740.34-0.690.470.550.26-0.110.460.60.260.150.520.420.49
0.930.940.770.950.880.980.90.870.790.350.060.270.95-0.160.850.72-0.35-0.170.940.740.910.760.14-0.160.14
0.110.260.170.20.07-0.030.270.10.01-0.190.06-0.190.110.330.140.23-0.130.720.190.120.280.49-0.18-0.43-0.36
0.510.150.40.340.620.17-0.050.620.550.740.27-0.190.2-0.790.210.620.39-0.290.290.720.060.190.960.40.84
0.910.960.770.950.830.950.930.830.820.340.950.110.2-0.070.910.76-0.35-0.110.970.740.850.650.06-0.180.02
-0.32-0.07-0.36-0.12-0.41-0.090.13-0.41-0.29-0.69-0.160.33-0.79-0.07-0.19-0.35-0.230.27-0.15-0.470.01-0.07-0.72-0.4-0.72
0.850.950.870.870.740.830.850.740.780.470.850.140.210.91-0.190.73-0.20.10.950.730.730.60.03-0.23-0.04
0.90.710.760.850.90.620.570.90.940.550.720.230.620.76-0.350.730.0-0.030.830.970.580.570.53-0.140.43
-0.21-0.32-0.07-0.28-0.16-0.43-0.38-0.17-0.10.26-0.35-0.130.39-0.35-0.23-0.20.00.3-0.26-0.01-0.48-0.180.420.450.4
-0.180.090.12-0.1-0.26-0.240.13-0.24-0.23-0.11-0.170.72-0.29-0.110.270.1-0.030.3-0.01-0.170.00.25-0.33-0.11-0.38
0.950.970.860.980.860.90.880.860.880.460.940.190.290.97-0.150.950.83-0.26-0.010.820.850.710.13-0.250.07
0.930.70.780.850.950.650.520.950.930.60.740.120.720.74-0.470.730.97-0.01-0.170.820.560.560.63-0.140.49
0.790.890.650.880.710.880.880.710.620.260.910.280.060.850.010.730.58-0.480.00.850.560.8-0.09-0.22-0.05
0.710.740.70.740.680.660.750.670.510.150.760.490.190.65-0.070.60.57-0.180.250.710.560.80.13-0.20.11
0.4-0.020.260.20.550.05-0.180.550.430.520.14-0.180.960.06-0.720.030.530.42-0.330.130.63-0.090.130.340.87
-0.19-0.23-0.15-0.22-0.14-0.16-0.21-0.15-0.150.42-0.16-0.430.4-0.18-0.4-0.23-0.140.45-0.11-0.25-0.14-0.22-0.20.340.46
0.32-0.090.190.150.460.05-0.20.440.410.490.14-0.360.840.02-0.72-0.040.430.4-0.380.070.49-0.050.110.870.46
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POSCO Holdings Account Relationship Matchups

POSCO Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.1T79.1T91.5T98.4T101.5T62.0T
Short Long Term Debt Total21.1T21.0T22.5T25.1T25.9T17.4T
Other Current Liab2.8T3.4T3.0T3.6T4.4T2.5T
Total Current Liabilities16.3T16.9T21.1T23.2T22.5T14.2T
Total Stockholder Equity44.5T44.3T50.4T52.5T54.1T34.0T
Property Plant And Equipment Net30.0T29.4T29.7T31.9T35.4T25.8T
Net Debt17.6T15.7T17.7T17.1T19.2T14.2T
Retained Earnings45.1T46.1T51.5T53.0T53.8T32.4T
Accounts Payable4.3T3.8T6.5T6.9T7.0T3.7T
Cash3.5T4.8T4.8T8.1T6.7T7.0T
Non Current Assets Total44.2T43.3T44.8T50.8T54.7T37.8T
Non Currrent Assets Other2.6T2.6T3.2T3.5T603.1B572.9B
Cash And Short Term Investments12.5T16.5T18.2T18.7T17.9T18.8T
Net Receivables10.6T9.7T12.0T12.0T12.7T8.6T
Common Stock Shares Outstanding80.1M79.1M306.8M78.9M75.9M72.1M
Liabilities And Stockholders Equity79.1T79.1T91.5T98.4T101.5T64.5T
Non Current Liabilities Total14.9T14.6T15.6T17.0T19.4T12.0T
Inventory10.9T9.1T15.2T15.5T14.6T8.2T
Other Current Assets14.3B616.6B1.2T20.3B1.5T1.6T
Other Stockholder Equity67.3B(881.6B)(863.5B)(491.5B)(397.8B)(377.9B)
Total Liab31.3T31.4T36.7T40.1T41.9T25.7T
Total Current Assets34.8T35.8T46.6T47.6T46.7T26.7T
Short Term Debt8.7T8.7T8.0T12.1T10.1T7.4T
Intangible Assets3.7T3.5T3.4T4.2T4.2T2.5T
Short Term Investments8.9T11.7T13.4T10.7T11.2T11.8T
Accumulated Other Comprehensive Income(1.2T)(1.4T)(667.0B)(444.0B)248.2B260.6B
Other Liab2.5T2.2T2.7T3.9T4.5T4.7T
Long Term Debt11.9T11.8T12.9T12.4T15.0T15.8T
Treasury Stock(1.5T)(1.5T)(2.4T)(2.5T)(2.3T)(2.1T)
Property Plant Equipment29.9T29.4T29.6T32.9T37.8T39.7T
Current Deferred Revenue549.3B976.0B582.4B597.9B693.7B722.6B
Good Will1.1T903.9B736.0B442.5B403.2B383.0B
Property Plant And Equipment Gross6.4T29.4T74.5T79.4T85.5T89.7T
Deferred Long Term Liab94.3B227.1B154.0B116.2B133.6B104.4B
Long Term Investments5.5T5.4T6.6T7.3T7.6T5.7T
Net Tangible Assets39.7T40.1T46.3T47.8T55.0T35.0T
Long Term Debt Total12.4T12.3T13.5T13.1T15.0T11.8T

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