Pinnacle Net Invested Capital vs Capital Surpluse Analysis

PNFP Stock

USD 122.46 1.01 0.83%

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

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinnacle Financial Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have strong relationship.

The correlation between Pinnacle Financial's Net Invested Capital and Capital Surpluse is 0.66. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Pinnacle Financial Partners, assuming nothing else is changed. The correlation between historical values of Pinnacle Financial's Net Invested Capital and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Pinnacle Financial Partners are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., Pinnacle Financial's Net Invested Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Surpluse

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

At this time, Pinnacle Financial's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.58, while Tax Provision is likely to drop slightly above 109.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	98.8M	244.6M	1.1B	1.1B
Depreciation And Amortization	32.3M	36.5M	78.7M	82.6M

Interest Expense Depreciation And Amortization

Pinnacle Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Accounts Payable	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Property Plant Equipment	Long Term Debt	Other Current Liab
Total Assets		0.99	0.96	-0.16	0.97	0.75	0.72	-0.68	0.25	0.84	0.92	0.74	0.91	1.0	0.96	0.43	0.72	0.8	0.72	0.1	-0.27	0.66	-0.11	0.97	0.88	0.19
Total Stockholder Equity	0.99		0.94	-0.11	0.93	0.74	0.65	-0.58	0.34	0.86	0.95	0.8	0.96	0.99	0.97	0.5	0.79	0.84	0.73	0.08	-0.28	0.58	-0.08	0.96	0.83	0.15
Property Plant And Equipment Net	0.96	0.94		0.02	0.94	0.63	0.86	-0.76	0.04	0.69	0.9	0.64	0.86	0.96	0.87	0.36	0.63	0.86	0.56	0.14	-0.23	0.82	-0.09	0.98	0.94	0.06
Net Debt	-0.16	-0.11	0.02		-0.16	-0.7	0.07	-0.05	-0.12	-0.49	0.03	-0.05	0.01	-0.16	-0.22	-0.07	-0.01	0.29	-0.66	0.1	0.01	0.12	-0.04	0.0	-0.06	-0.53
Retained Earnings	0.97	0.93	0.94	-0.16		0.69	0.79	-0.8	0.11	0.74	0.82	0.61	0.8	0.98	0.92	0.3	0.57	0.72	0.63	0.18	-0.26	0.74	-0.17	0.96	0.93	0.25
Cash	0.75	0.74	0.63	-0.7	0.69		0.45	-0.27	0.21	0.93	0.63	0.57	0.65	0.75	0.73	0.41	0.54	0.48	0.97	0.03	-0.19	0.36	0.04	0.61	0.62	0.41
Non Current Assets Total	0.72	0.65	0.86	0.07	0.79	0.45		-0.83	-0.45	0.37	0.59	0.22	0.5	0.73	0.55	0.08	0.21	0.68	0.3	0.27	-0.14	0.99	-0.06	0.78	0.95	-0.01
Non Currrent Assets Other	-0.68	-0.58	-0.76	-0.05	-0.8	-0.27	-0.83		0.28	-0.23	-0.48	-0.19	-0.39	-0.69	-0.58	0.09	-0.16	-0.42	-0.14	-0.18	0.08	-0.85	0.25	-0.78	-0.82	-0.14
Other Assets	0.25	0.34	0.04	-0.12	0.11	0.21	-0.45	0.28		0.47	0.36	0.64	0.48	0.24	0.42	0.63	0.63	0.12	0.37	-0.23	-0.15	-0.52	0.18	0.17	-0.21	0.22
Cash And Short Term Investments	0.84	0.86	0.69	-0.49	0.74	0.93	0.37	-0.23	0.47		0.79	0.79	0.84	0.83	0.87	0.57	0.76	0.63	0.95	-0.02	-0.31	0.27	0.02	0.71	0.6	0.32
Common Stock Total Equity	0.92	0.95	0.9	0.03	0.82	0.63	0.59	-0.48	0.36	0.79		0.87	0.97	0.91	0.89	0.55	0.87	0.88	0.65	-0.15	-0.25	0.52	-0.05	0.9	0.74	-0.01
Common Stock Shares Outstanding	0.74	0.8	0.64	-0.05	0.61	0.57	0.22	-0.19	0.64	0.79	0.87		0.88	0.73	0.79	0.67	0.99	0.7	0.66	-0.22	-0.22	0.14	0.02	0.68	0.43	0.12
Other Stockholder Equity	0.91	0.96	0.86	0.01	0.8	0.65	0.5	-0.39	0.48	0.84	0.97	0.88		0.9	0.91	0.61	0.88	0.87	0.68	0.01	-0.3	0.43	0.0	0.88	0.68	0.02
Total Liab	1.0	0.99	0.96	-0.16	0.98	0.75	0.73	-0.69	0.24	0.83	0.91	0.73	0.9		0.96	0.42	0.71	0.8	0.71	0.1	-0.27	0.67	-0.12	0.97	0.89	0.2
Property Plant And Equipment Gross	0.96	0.97	0.87	-0.22	0.92	0.73	0.55	-0.58	0.42	0.87	0.89	0.79	0.91	0.96		0.47	0.77	0.7	0.72	0.01	-0.24	0.48	-0.12	0.92	0.77	0.2
Total Current Assets	0.43	0.5	0.36	-0.07	0.3	0.41	0.08	0.09	0.63	0.57	0.55	0.67	0.61	0.42	0.47		0.64	0.46	0.46	-0.03	-0.21	0.01	0.72	0.36	0.19	0.19
Common Stock	0.72	0.79	0.63	-0.01	0.57	0.54	0.21	-0.16	0.63	0.76	0.87	0.99	0.88	0.71	0.77	0.64		0.7	0.63	-0.25	-0.23	0.13	-0.01	0.67	0.41	0.0
Short Long Term Debt Total	0.8	0.84	0.86	0.29	0.72	0.48	0.68	-0.42	0.12	0.63	0.88	0.7	0.87	0.8	0.7	0.46	0.7		0.48	0.14	-0.26	0.63	0.01	0.8	0.75	-0.1
Other Liab	0.72	0.73	0.56	-0.66	0.63	0.97	0.3	-0.14	0.37	0.95	0.65	0.66	0.68	0.71	0.72	0.46	0.63	0.48		-0.06	-0.2	0.2	0.01	0.56	0.5	0.42
Accounts Payable	0.1	0.08	0.14	0.1	0.18	0.03	0.27	-0.18	-0.23	-0.02	-0.15	-0.22	0.01	0.1	0.01	-0.03	-0.25	0.14	-0.06		-0.16	0.29	0.1	0.12	0.23	0.08
Short Term Investments	-0.27	-0.28	-0.23	0.01	-0.26	-0.19	-0.14	0.08	-0.15	-0.31	-0.25	-0.22	-0.3	-0.27	-0.24	-0.21	-0.23	-0.26	-0.2	-0.16		-0.12	-0.03	-0.23	-0.2	0.06
Non Current Liabilities Total	0.66	0.58	0.82	0.12	0.74	0.36	0.99	-0.85	-0.52	0.27	0.52	0.14	0.43	0.67	0.48	0.01	0.13	0.63	0.2	0.29	-0.12		-0.08	0.73	0.92	-0.03
Other Current Assets	-0.11	-0.08	-0.09	-0.04	-0.17	0.04	-0.06	0.25	0.18	0.02	-0.05	0.02	0.0	-0.12	-0.12	0.72	-0.01	0.01	0.01	0.1	-0.03	-0.08		-0.14	-0.13	0.24
Property Plant Equipment	0.97	0.96	0.98	0.0	0.96	0.61	0.78	-0.78	0.17	0.71	0.9	0.68	0.88	0.97	0.92	0.36	0.67	0.8	0.56	0.12	-0.23	0.73	-0.14		0.9	0.11
Long Term Debt	0.88	0.83	0.94	-0.06	0.93	0.62	0.95	-0.82	-0.21	0.6	0.74	0.43	0.68	0.89	0.77	0.19	0.41	0.75	0.5	0.23	-0.2	0.92	-0.13	0.9		0.07
Other Current Liab	0.19	0.15	0.06	-0.53	0.25	0.41	-0.01	-0.14	0.22	0.32	-0.01	0.12	0.02	0.2	0.2	0.19	0.0	-0.1	0.42	0.08	0.06	-0.03	0.24	0.11	0.07

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Pinnacle Financial Account Relationship Matchups

Pinnacle Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.8B	34.9B	38.5B	42.0B	48.0B	50.4B
Total Stockholder Equity	4.4B	4.9B	5.3B	5.5B	6.0B	6.3B
Property Plant And Equipment Net	273.9M	290.0M	288.2M	327.9M	554.2M	582.0M
Net Debt	2.4B	(2.0B)	(2.7B)	(257.4M)	419.6M	440.6M
Retained Earnings	1.2B	1.4B	1.9B	2.3B	2.8B	2.9B
Cash	368.7M	3.7B	4.0B	1.1B	2.1B	2.3B
Non Current Assets Total	6.2B	7.1B	8.6B	2.2B	50.0B	52.5B
Non Currrent Assets Other	(108.0M)	(175.1M)	(186.9M)	(7.4B)	(10.2B)	(9.7B)
Other Assets	17.7B	20.4B	20.9B	35.8B	(6.8B)	(6.4B)
Cash And Short Term Investments	3.9B	7.3B	8.9B	4.7B	4.5B	4.8B
Common Stock Total Equity	77.5M	76.6M	75.9M	76.1M	87.6M	91.9M
Common Stock Shares Outstanding	76.8M	75.7M	75.9M	76.1M	76.6M	41.2M
Liabilities And Stockholders Equity	27.8B	34.9B	38.5B	42.0B	48.0B	50.4B
Other Stockholder Equity	3.1B	3.0B	3.0B	3.1B	3.1B	3.3B
Total Liab	23.4B	30.0B	33.2B	36.5B	41.9B	44.0B
Property Plant And Equipment Gross	273.9M	290.0M	466.2M	485.4M	399.0M	418.9M
Total Current Assets	4.0B	7.4B	9.0B	4.0B	4.8B	2.7B
Accumulated Other Comprehensive Income	30.5M	175.8M	107.2M	(190.8M)	(152.5M)	(144.9M)
Common Stock	76.6M	75.9M	76.1M	76.5M	76.8M	42.2M
Short Long Term Debt Total	2.8B	1.8B	1.3B	888.5M	2.6B	2.7B
Other Liab	114.3M	411.1M	377.3M	154.5M	177.6M	186.5M
Accounts Payable	42.2M	24.9M	12.5M	19.5M	67.0M	35.1M
Short Term Investments	3.5B	3.6B	4.9B	3.6B	4.3B	4.1B
Non Current Liabilities Total	2.8B	1.8B	1.3B	19.5M	41.9B	44.0B
Other Current Assets	640.7M	4.1B	5.2B	(877.3M)	3.0B	2.9B
Property Plant Equipment	273.9M	290.0M	288.2M	456.0M	524.4M	550.6M
Long Term Debt	749.1M	670.6M	1.3B	888.5M	2.6B	2.7B
Other Current Liab	(42.2M)	292.4M	142.6M	175.4M	(67.0M)	(70.3M)
Total Current Liabilities	42.2M	24.9M	12.5M	19.5M	17.5B	18.3B
Inventory	(640.7M)	(4.1B)	(5.2B)	8.0M	98.0M	102.9M
Short Term Debt	748.9M	342.2M	167.6M	214.4M	246.8M	370.1M
Net Receivables	84.5M	104.1M	98.8M	161.2M	217.5M	228.4M
Good Will	1.8B	1.8B	1.8B	1.8B	1.7B	1.6B
Intangible Assets	51.1M	42.3M	33.8M	34.6M	27.5M	26.1M
Net Tangible Assets	2.5B	2.8B	3.2B	3.4B	3.9B	4.1B
Retained Earnings Total Equity	833.1M	1.2B	1.4B	1.9B	2.1B	2.3B
Long Term Debt Total	485.1M	749.1M	670.6M	423.2M	486.6M	368.5M
Capital Surpluse	3.1B	3.1B	3.0B	3.0B	3.5B	1.9B
Long Term Investments	20.2B	22.6B	6.4B	7.1B	7.8B	10.9B

Pair Trading with Pinnacle Financial

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 Pinnacle Financial 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 Pinnacle Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pinnacle Stock

0.95	AX	Axos Financial	Pair Corr
0.93	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Pinnacle Stock

0.53	WF	Woori Financial Group	Pair Corr
0.44	TFC-PO	Truist Financial	Pair Corr
0.39	TFC-PR	Truist Financial	Pair Corr
0.38	CFG-PE	Citizens Financial	Pair Corr

The ability to find closely correlated positions to Pinnacle Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinnacle Financial 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 Pinnacle Financial - 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 Pinnacle Financial Partners to buy it.

The correlation of Pinnacle Financial 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 Pinnacle Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinnacle Financial 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 Pinnacle Financial 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 Pinnacle Stock Analysis

When running Pinnacle Financial's price analysis, check to measure Pinnacle Financial's 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 Pinnacle Financial is operating at the current time. Most of Pinnacle Financial's value examination focuses on studying past and present price action to predict the probability of Pinnacle Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle Financial's price. Additionally, you may evaluate how the addition of Pinnacle Financial to your portfolios can decrease your overall portfolio volatility.

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