Palantir Cash And Equivalents vs Long Term Debt Analysis

PLTR Stock

USD 64.35 2.99 4.87%

Palantir Technologies financial indicator trend analysis is much more than just breaking down Palantir Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palantir Technologies is a good investment. Please check the relationship between Palantir Technologies Cash And Equivalents and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palantir Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Palantir Stock, please use our How to Invest in Palantir Technologies guide.

Cash And Equivalents vs Long Term Debt

Cash And Equivalents vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palantir Technologies Cash And Equivalents account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Palantir Technologies' Cash And Equivalents and Long Term Debt is -0.56. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Palantir Technologies, assuming nothing else is changed. The correlation between historical values of Palantir Technologies' Cash And Equivalents and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Palantir Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Equivalents i.e., Palantir Technologies' Cash And Equivalents and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash And Equivalents

Long Term Debt

Long-term debt is a debt that Palantir Technologies has held for over one year. Long-term debt appears on Palantir Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Palantir Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Palantir Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palantir Technologies 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 Palantir Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Palantir Stock, please use our How to Invest in Palantir Technologies guide.At this time, Palantir Technologies' Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.46, while Tax Provision is likely to drop slightly above 12.9 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	14.9M	22.5M	33.4M	20.3M
Interest Income	1.6M	20.3M	132.6M	139.2M

Depreciation And Amortization Interest Income

Palantir Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments
Total Assets		0.98	0.74	0.96	-0.96	0.96	0.7	-0.6	-0.22	-0.94	0.03	0.38	0.82	-0.25	-0.01	1.0	1.0	0.97	0.97	-0.94	0.3	0.63	0.98	-0.94	0.96	0.88
Other Current Liab	0.98		0.74	0.92	-0.91	0.92	0.68	-0.66	-0.03	-0.89	-0.17	0.2	0.76	-0.23	0.01	0.98	0.98	0.91	0.91	-0.89	0.21	0.54	0.91	-0.87	0.92	0.85
Total Current Liabilities	0.74	0.74		0.7	-0.75	0.7	0.38	-0.07	0.24	-0.75	0.13	0.02	0.81	0.35	0.32	0.71	0.74	0.66	0.67	-0.64	0.7	0.1	0.68	-0.58	0.72	0.89
Total Stockholder Equity	0.96	0.92	0.7		-0.99	1.0	0.68	-0.6	-0.24	-0.98	-0.02	0.39	0.84	-0.32	0.02	0.95	0.94	0.97	0.92	-0.99	0.32	0.63	0.94	-0.96	1.0	0.82
Other Liab	-0.96	-0.91	-0.75	-0.99		-0.99	-0.71	0.49	0.29	1.0	-0.09	-0.47	-0.91	0.2	-0.1	-0.94	-0.95	-0.98	-0.93	0.98	-0.43	-0.6	-0.95	0.96	-0.99	-0.89
Net Tangible Assets	0.96	0.92	0.7	1.0	-0.99		0.68	-0.6	-0.24	-0.98	-0.02	0.39	0.84	-0.32	0.02	0.95	0.94	0.97	0.92	-0.99	0.32	0.63	0.94	-0.96	1.0	0.82
Property Plant And Equipment Net	0.7	0.68	0.38	0.68	-0.71	0.68		-0.52	-0.37	-0.72	0.03	0.43	0.59	-0.19	-0.19	0.69	0.74	0.68	0.77	-0.66	0.0	0.73	0.76	-0.66	0.67	0.57
Current Deferred Revenue	-0.6	-0.66	-0.07	-0.6	0.49	-0.6	-0.52		0.04	0.46	0.48	0.03	-0.11	0.81	0.56	-0.64	-0.59	-0.52	-0.61	0.55	0.55	-0.72	-0.57	0.56	-0.57	-0.17
Net Debt	-0.22	-0.03	0.24	-0.24	0.29	-0.24	-0.37	0.04		0.3	-0.58	-0.96	-0.26	0.34	0.1	-0.19	-0.21	-0.4	-0.32	0.37	-0.08	-0.56	-0.36	0.46	-0.23	-0.16
Retained Earnings	-0.94	-0.89	-0.75	-0.98	1.0	-0.98	-0.72	0.46	0.3		-0.11	-0.48	-0.92	0.18	-0.1	-0.92	-0.93	-0.97	-0.92	0.98	-0.45	-0.6	-0.94	0.95	-0.99	-0.88
Accounts Payable	0.03	-0.17	0.13	-0.02	-0.09	-0.02	0.03	0.48	-0.58	-0.11		0.59	0.19	0.22	-0.06	0.0	0.0	0.12	0.18	-0.05	0.47	0.21	0.19	-0.09	-0.01	0.2
Cash	0.38	0.2	0.02	0.39	-0.47	0.39	0.43	0.03	-0.96	-0.48	0.59		0.51	-0.16	0.14	0.34	0.37	0.56	0.43	-0.52	0.33	0.49	0.49	-0.6	0.4	0.41
Non Current Assets Total	0.82	0.76	0.81	0.84	-0.91	0.84	0.59	-0.11	-0.26	-0.92	0.19	0.51		0.19	0.47	0.77	0.82	0.87	0.75	-0.86	0.73	0.28	0.8	-0.84	0.87	0.95
Non Currrent Assets Other	-0.25	-0.23	0.35	-0.32	0.2	-0.32	-0.19	0.81	0.34	0.18	0.22	-0.16	0.19		0.7	-0.3	-0.21	-0.28	-0.33	0.33	0.66	-0.71	-0.29	0.37	-0.28	0.21
Other Assets	-0.01	0.01	0.32	0.02	-0.1	0.02	-0.19	0.56	0.1	-0.1	-0.06	0.14	0.47	0.7		-0.06	0.01	0.08	-0.2	-0.07	0.73	-0.66	-0.12	-0.05	0.06	0.38
Cash And Short Term Investments	1.0	0.98	0.71	0.95	-0.94	0.95	0.69	-0.64	-0.19	-0.92	0.0	0.34	0.77	-0.3	-0.06		0.99	0.95	0.97	-0.93	0.24	0.64	0.97	-0.93	0.94	0.85
Net Receivables	1.0	0.98	0.74	0.94	-0.95	0.94	0.74	-0.59	-0.21	-0.93	0.0	0.37	0.82	-0.21	0.01	0.99		0.96	0.96	-0.93	0.29	0.61	0.97	-0.92	0.94	0.89
Common Stock Total Equity	0.97	0.91	0.66	0.97	-0.98	0.97	0.68	-0.52	-0.4	-0.97	0.12	0.56	0.87	-0.28	0.08	0.95	0.96		0.93	-0.99	0.38	0.63	0.96	-0.99	0.97	0.87
Common Stock Shares Outstanding	0.97	0.91	0.67	0.92	-0.93	0.92	0.77	-0.61	-0.32	-0.92	0.18	0.43	0.75	-0.33	-0.2	0.97	0.96	0.93		-0.91	0.22	0.77	1.0	-0.91	0.92	0.81
Non Current Liabilities Total	-0.94	-0.89	-0.64	-0.99	0.98	-0.99	-0.66	0.55	0.37	0.98	-0.05	-0.52	-0.86	0.33	-0.07	-0.93	-0.93	-0.99	-0.91		-0.36	-0.63	-0.94	0.99	-0.99	-0.83
Inventory	0.3	0.21	0.7	0.32	-0.43	0.32	0.0	0.55	-0.08	-0.45	0.47	0.33	0.73	0.66	0.73	0.24	0.29	0.38	0.22	-0.36		-0.29	0.28	-0.32	0.36	0.68
Other Current Assets	0.63	0.54	0.1	0.63	-0.6	0.63	0.73	-0.72	-0.56	-0.6	0.21	0.49	0.28	-0.71	-0.66	0.64	0.61	0.63	0.77	-0.63	-0.29		0.74	-0.66	0.6	0.29
Other Stockholder Equity	0.98	0.91	0.68	0.94	-0.95	0.94	0.76	-0.57	-0.36	-0.94	0.19	0.49	0.8	-0.29	-0.12	0.97	0.97	0.96	1.0	-0.94	0.28	0.74		-0.94	0.94	0.85
Total Liab	-0.94	-0.87	-0.58	-0.96	0.96	-0.96	-0.66	0.56	0.46	0.95	-0.09	-0.6	-0.84	0.37	-0.05	-0.93	-0.92	-0.99	-0.91	0.99	-0.32	-0.66	-0.94		-0.96	-0.81
Net Invested Capital	0.96	0.92	0.72	1.0	-0.99	1.0	0.67	-0.57	-0.23	-0.99	-0.01	0.4	0.87	-0.28	0.06	0.94	0.94	0.97	0.92	-0.99	0.36	0.6	0.94	-0.96		0.85
Long Term Investments	0.88	0.85	0.89	0.82	-0.89	0.82	0.57	-0.17	-0.16	-0.88	0.2	0.41	0.95	0.21	0.38	0.85	0.89	0.87	0.81	-0.83	0.68	0.29	0.85	-0.81	0.85

Click cells to compare fundamentals

Palantir Technologies Account Relationship Matchups

Palantir Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.7B	3.2B	3.5B	4.5B	3.1B
Other Current Liab	126.6M	158.5M	155.8M	172.7M	223.0M	176.1M
Total Current Liabilities	728.6M	603.8M	660.1M	587.9M	746.0M	707.4M
Total Stockholder Equity	(2.0B)	1.5B	2.3B	2.6B	3.5B	3.6B
Other Liab	322.8M	136.4M	76.2M	26.6M	23.9M	22.7M
Net Tangible Assets	(2.0B)	1.5B	2.3B	2.6B	3.5B	3.6B
Property Plant And Equipment Net	31.6M	29.5M	31.3M	69.2M	47.8M	43.9M
Current Deferred Revenue	550.2M	399.8M	389.4M	325.3M	246.9M	305.7M
Net Debt	(683.1M)	(1.6B)	(2.0B)	(2.3B)	(602.0M)	(632.1M)
Retained Earnings	(3.8B)	(5.0B)	(5.5B)	(5.9B)	(5.6B)	(5.9B)
Accounts Payable	51.7M	16.4M	74.9M	44.8M	12.1M	11.5M
Cash	1.1B	2.0B	2.3B	2.6B	831.0M	789.5M
Non Current Assets Total	379.9M	433.1M	384.2M	419.7M	383.8M	405.4M
Non Currrent Assets Other	322.1M	186.5M	136.0M	150.3M	153.2M	148.2M
Other Assets	348.3M	403.5M	136.0M	150.3M	153.2M	180.6M
Cash And Short Term Investments	1.1B	2.0B	2.5B	2.6B	3.7B	2.4B
Net Receivables	50.3M	156.9M	190.9M	258.3M	364.8M	190.8M
Common Stock Total Equity	588K	1.8M	2.0M	2.1M	2.2M	1.7M
Liabilities And Stockholders Equity	1.6B	2.7B	3.2B	3.5B	4.5B	3.1B
Non Current Liabilities Total	2.8B	564.1M	296.4M	230.9M	215.4M	204.7M
Inventory	52.1M	37.3M	36.6M	16.2M	14.6M	24.4M
Other Current Assets	32.6M	51.9M	110.9M	133.3M	99.3M	92.0M
Other Stockholder Equity	1.8B	3.8B	7.8B	8.4B	9.1B	5.9B
Total Liab	3.6B	1.2B	956.4M	818.8M	961.5M	1.4B
Net Invested Capital	(1.6B)	1.7B	2.3B	2.6B	3.5B	3.6B
Total Current Assets	1.2B	2.3B	2.9B	3.0B	4.1B	2.7B
Accumulated Other Comprehensive Income	(703K)	(2.7M)	(2.3M)	(5.3M)	801K	841.1K
Capital Stock	588K	1.8M	2.0M	2.1M	2.2M	1.7M
Non Current Liabilities Other	892K	4.3M	2.3M	12.7M	10.7M	5.7M
Cash And Equivalents	1.1B	2.0B	2.3B	2.6B	831.0M	789.5M
Net Working Capital	485.6M	1.7B	2.2B	2.5B	3.4B	2.0B
Common Stock	588K	1.8M	2.0M	2.1M	2.2M	1.7M
Property Plant Equipment	31.6M	29.5M	31.3M	69.2M	47.8M	43.9M

Pair Trading with Palantir Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Palantir Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Palantir Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Palantir Stock

0.81

SentinelOne

Pair Corr

Moving against Palantir Stock

0.91	VHAI	VHAI	Pair Corr
0.79	VRAR	Glimpse Group	Pair Corr
0.75	MQ	Marqeta	Pair Corr
0.57	FAAS	DigiAsia Corp Symbol Change	Pair Corr
0.52	VRNT	Verint Systems	Pair Corr

The ability to find closely correlated positions to Palantir Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palantir Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Palantir Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Palantir Technologies to buy it.

The correlation of Palantir Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Palantir Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palantir Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Palantir Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Palantir Stock Analysis

When running Palantir Technologies' price analysis, check to measure Palantir Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palantir Technologies is operating at the current time. Most of Palantir Technologies' value examination focuses on studying past and present price action to predict the probability of Palantir Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palantir Technologies' price. Additionally, you may evaluate how the addition of Palantir Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC