PennyMac Total Assets vs Net Debt Analysis

PMT Stock

USD 13.34 0.19 1.44%

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

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennyMac Mortgage Total Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between PennyMac Mortgage's Total Assets and Net Debt is 0.4. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of PennyMac Mortgage Investment, assuming nothing else is changed. The correlation between historical values of PennyMac Mortgage's Total Assets and Net 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 Total Assets of PennyMac Mortgage Investment are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., PennyMac Mortgage's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Assets

Total assets refers to the total amount of PennyMac Mortgage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PennyMac Mortgage books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

At this time, PennyMac Mortgage's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 17.94 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	190.1M	77.6M	147.1M	108.2M
EBITDA	44.7M	54.6M	1.3B	1.3B

Cost Of Revenue Ebitda

PennyMac Mortgage fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total
Total Assets		-0.29	0.34	0.9	0.06	0.4	-0.67	0.52	0.72	0.65	-0.83	0.33	0.49	-0.03	0.91	0.87	0.4	0.4	-0.46	0.92	1.0	0.48	0.87	0.78	-0.1	0.53
Other Current Liab	-0.29		-0.97	-0.16	-0.06	-0.96	0.71	-0.94	0.2	-0.86	0.67	0.66	0.06	0.25	-0.28	-0.33	-0.06	-0.11	0.15	-0.21	-0.3	0.05	-0.18	-0.66	-0.23	0.08
Total Current Liabilities	0.34	-0.97		0.16	0.05	0.98	-0.81	0.96	-0.18	0.91	-0.75	-0.65	-0.08	-0.3	0.29	0.33	0.16	0.05	-0.12	0.22	0.36	-0.07	0.19	0.68	0.29	0.09
Total Stockholder Equity	0.9	-0.16	0.16		0.19	0.24	-0.39	0.4	0.75	0.48	-0.63	0.46	0.55	0.15	0.94	0.91	0.16	0.51	-0.48	0.98	0.87	0.54	0.98	0.69	-0.4	0.44
Other Liab	0.06	-0.06	0.05	0.19		0.16	-0.03	0.09	-0.21	0.08	-0.01	0.01	-0.13	-0.26	0.27	0.22	0.19	0.14	0.11	0.23	0.04	-0.13	0.27	-0.03	-0.1	0.17
Net Debt	0.4	-0.96	0.98	0.24	0.16		-0.84	0.95	-0.17	0.93	-0.77	-0.57	-0.07	-0.3	0.36	0.4	0.21	0.12	-0.15	0.3	0.42	-0.06	0.26	0.71	0.25	0.16
Retained Earnings	-0.67	0.71	-0.81	-0.39	-0.03	-0.84		-0.83	-0.19	-0.92	0.93	0.31	-0.09	0.37	-0.49	-0.5	-0.5	-0.16	0.26	-0.45	-0.7	-0.09	-0.39	-0.76	-0.38	-0.48
Accounts Payable	0.52	-0.94	0.96	0.4	0.09	0.95	-0.83		0.02	0.95	-0.82	-0.46	0.05	-0.17	0.5	0.55	0.19	0.24	-0.3	0.46	0.53	0.05	0.43	0.78	0.13	0.19
Cash	0.72	0.2	-0.18	0.75	-0.21	-0.17	-0.19	0.02		0.17	-0.42	0.53	0.81	-0.02	0.59	0.53	0.26	0.28	-0.32	0.69	0.71	0.8	0.66	0.43	-0.06	0.23
Non Current Assets Total	0.65	-0.86	0.91	0.48	0.08	0.93	-0.92	0.95	0.17		-0.92	-0.42	0.19	-0.32	0.57	0.57	0.35	0.2	-0.22	0.54	0.67	0.2	0.49	0.85	0.23	0.32
Non Currrent Assets Other	-0.83	0.67	-0.75	-0.63	-0.01	-0.77	0.93	-0.82	-0.42	-0.92		0.11	-0.26	0.28	-0.68	-0.66	-0.46	-0.3	0.42	-0.67	-0.85	-0.26	-0.61	-0.92	-0.16	-0.44
Other Assets	0.33	0.66	-0.65	0.46	0.01	-0.57	0.31	-0.46	0.53	-0.42	0.11		0.13	0.52	0.31	0.34	0.0	0.36	-0.49	0.4	0.3	0.11	0.42	-0.06	-0.57	0.37
Cash And Short Term Investments	0.49	0.06	-0.08	0.55	-0.13	-0.07	-0.09	0.05	0.81	0.19	-0.26	0.13		-0.23	0.4	0.31	0.08	-0.11	0.18	0.5	0.47	1.0	0.48	0.31	0.2	-0.08
Net Receivables	-0.03	0.25	-0.3	0.15	-0.26	-0.3	0.37	-0.17	-0.02	-0.32	0.28	0.52	-0.23		0.13	0.3	-0.4	0.29	-0.37	0.16	-0.05	-0.25	0.21	-0.18	-0.67	0.21
Common Stock Total Equity	0.91	-0.28	0.29	0.94	0.27	0.36	-0.49	0.5	0.59	0.57	-0.68	0.31	0.4	0.13		0.95	0.23	0.47	-0.41	0.97	0.89	0.4	0.96	0.66	-0.33	0.48
Common Stock Shares Outstanding	0.87	-0.33	0.33	0.91	0.22	0.4	-0.5	0.55	0.53	0.57	-0.66	0.34	0.31	0.3	0.95		0.18	0.51	-0.52	0.94	0.85	0.3	0.93	0.66	-0.34	0.52
Short Term Investments	0.4	-0.06	0.16	0.16	0.19	0.21	-0.5	0.19	0.26	0.35	-0.46	0.0	0.08	-0.4	0.23	0.18		0.32	-0.13	0.23	0.43	0.11	0.17	0.27	0.4	0.43
Inventory	0.4	-0.11	0.05	0.51	0.14	0.12	-0.16	0.24	0.28	0.2	-0.3	0.36	-0.11	0.29	0.47	0.51	0.32		-0.77	0.51	0.37	-0.1	0.51	0.34	-0.49	0.27
Other Current Assets	-0.46	0.15	-0.12	-0.48	0.11	-0.15	0.26	-0.3	-0.32	-0.22	0.42	-0.49	0.18	-0.37	-0.41	-0.52	-0.13	-0.77		-0.45	-0.45	0.19	-0.43	-0.47	0.5	-0.29
Other Stockholder Equity	0.92	-0.21	0.22	0.98	0.23	0.3	-0.45	0.46	0.69	0.54	-0.67	0.4	0.5	0.16	0.97	0.94	0.23	0.51	-0.45		0.89	0.49	0.99	0.67	-0.36	0.51
Total Liab	1.0	-0.3	0.36	0.87	0.04	0.42	-0.7	0.53	0.71	0.67	-0.85	0.3	0.47	-0.05	0.89	0.85	0.43	0.37	-0.45	0.89		0.47	0.84	0.78	-0.05	0.54
Total Current Assets	0.48	0.05	-0.07	0.54	-0.13	-0.06	-0.09	0.05	0.8	0.2	-0.26	0.11	1.0	-0.25	0.4	0.3	0.11	-0.1	0.19	0.49	0.47		0.47	0.32	0.21	-0.11
Common Stock	0.87	-0.18	0.19	0.98	0.27	0.26	-0.39	0.43	0.66	0.49	-0.61	0.42	0.48	0.21	0.96	0.93	0.17	0.51	-0.43	0.99	0.84	0.47		0.63	-0.42	0.51
Short Long Term Debt Total	0.78	-0.66	0.68	0.69	-0.03	0.71	-0.76	0.78	0.43	0.85	-0.92	-0.06	0.31	-0.18	0.66	0.66	0.27	0.34	-0.47	0.67	0.78	0.32	0.63		-0.05	0.26
Current Deferred Revenue	-0.1	-0.23	0.29	-0.4	-0.1	0.25	-0.38	0.13	-0.06	0.23	-0.16	-0.57	0.2	-0.67	-0.33	-0.34	0.4	-0.49	0.5	-0.36	-0.05	0.21	-0.42	-0.05		-0.17
Non Current Liabilities Total	0.53	0.08	0.09	0.44	0.17	0.16	-0.48	0.19	0.23	0.32	-0.44	0.37	-0.08	0.21	0.48	0.52	0.43	0.27	-0.29	0.51	0.54	-0.11	0.51	0.26	-0.17

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PennyMac Mortgage Account Relationship Matchups

PennyMac Mortgage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.8B	11.5B	13.8B	13.9B	13.1B	7.6B
Other Current Liab	(91.1M)	(124.8M)	(96.2M)	(8.4M)	(9.1B)	(8.7B)
Total Current Liabilities	91.1M	124.8M	96.2M	3.0B	9.3B	9.8B
Total Stockholder Equity	2.5B	2.3B	2.4B	2.0B	2.0B	1.6B
Other Liab	7.6M	21.9M	80.3M	39.5M	45.4M	38.3M
Net Debt	309.3M	(583.6M)	2.7B	3.3B	10.2B	10.7B
Retained Earnings	22.3M	(100.7M)	(256.7M)	(526.8M)	(508.7M)	(483.3M)
Accounts Payable	91.1M	124.8M	96.2M	160.2M	387.7M	407.0M
Cash	2.1B	2.9B	1.8B	1.4B	281.1M	267.0M
Non Current Assets Total	4.6B	4.1B	5.7B	8.7B	13.8B	14.5B
Non Currrent Assets Other	(4.6B)	(4.1B)	(5.7B)	(8.7B)	(8.9B)	(8.4B)
Other Assets	4.8B	4.3B	6.1B	4.8B	(1.1B)	(1.1B)
Cash And Short Term Investments	2.2B	3.0B	1.9B	364.1M	409.4M	802.9M
Net Receivables	181.3M	139.9M	16.0M	66.9M	65.5M	62.2M
Common Stock Total Equity	613K	610K	1.0M	979K	1.1M	666.1K
Common Stock Shares Outstanding	87.7M	99.4M	97.4M	91.4M	111.7M	76.9M
Short Term Investments	90.8M	127.3M	168.0M	252.3M	128.3M	108.1M
Liabilities And Stockholders Equity	11.8B	11.5B	13.8B	13.9B	13.1B	7.6B
Other Current Assets	(263.2M)	(221.9M)	(257.3M)	(438.8M)	(409.5M)	(389.0M)
Other Stockholder Equity	2.1B	2.1B	2.1B	1.9B	1.9B	1.5B
Total Liab	9.3B	9.2B	11.4B	12.0B	11.2B	6.0B
Total Current Assets	2.3B	3.1B	1.9B	364.1M	474.9M	828.9M
Common Stock	1.0M	979K	949K	889K	866K	731.2K
Short Long Term Debt Total	9.4B	4.2B	7.0B	7.6B	10.5B	11.0B
Current Deferred Revenue	(6.9B)	(1.8B)	(2.4B)	(2.5B)	(2.3B)	(2.4B)
Non Current Liabilities Total	2.4B	2.3B	4.5B	9.0B	2.0B	3.3B
Short Term Debt	7.0B	1.9B	2.5B	2.8B	8.5B	9.0B
Long Term Debt	2.4B	2.1B	4.5B	4.8B	4.8B	5.1B
Intangible Assets	1.5B	1.8B	2.9B	4.0B	3.9B	4.1B
Net Tangible Assets	2.2B	2.0B	1.8B	1.4B	1.6B	1.7B
Long Term Debt Total	2.4B	2.3B	4.5B	4.8B	5.5B	5.8B
Capital Surpluse	2.1B	2.1B	2.1B	1.9B	2.2B	1.8B
Long Term Investments	378.9M	127.3M	2.8B	4.7B	5.0B	2.5B
Net Invested Capital	4.5B	4.3B	6.3B	6.2B	6.3B	5.0B
Capital Stock	300.7M	300.7M	542.4M	542.4M	542.3M	463.6M

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