Pentair Retained Earnings vs Non Current Liabilities Total Analysis

PNR Stock

USD 107.94 1.01 0.94%

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

To learn how to invest in Pentair Stock, please use our How to Invest in Pentair PLC guide.

Retained Earnings vs Non Current Liabilities Total

Retained Earnings vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pentair PLC Retained Earnings account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Pentair PLC's Retained Earnings and Non Current Liabilities Total is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Pentair PLC, assuming nothing else is changed. The correlation between historical values of Pentair PLC's Retained Earnings and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Pentair PLC are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Retained Earnings i.e., Pentair PLC's Retained Earnings and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Current Liabilities Total

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

To learn how to invest in Pentair Stock, please use our How to Invest in Pentair PLC guide.At this time, Pentair PLC's Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024, Issuance Of Capital Stock is likely to grow to about 12.8 M, while Tax Provision is likely to drop slightly above 55.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.4B	1.5B	934.8M
Total Revenue	3.8B	4.1B	4.1B	2.9B

Gross Profit Total Revenue

Pentair PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.87	0.96	0.96	0.93	0.78	0.62	0.77	0.74	1.0	-0.05	0.74	0.88	0.6	0.86	0.73	0.71	0.88	0.95	0.98	-0.15	0.9	0.83	0.6	0.49	0.81
Short Long Term Debt Total	0.87		0.82	0.79	0.64	0.52	0.87	0.69	0.58	0.89	0.14	0.58	0.65	0.51	0.98	0.48	0.81	0.59	0.97	0.82	-0.32	0.86	0.61	0.26	0.15	0.87
Other Current Liab	0.96	0.82		0.97	0.91	0.73	0.58	0.7	0.69	0.96	-0.03	0.69	0.83	0.67	0.81	0.71	0.68	0.9	0.91	0.94	-0.06	0.83	0.82	0.53	0.42	0.78
Total Current Liabilities	0.96	0.79	0.97		0.92	0.79	0.55	0.7	0.71	0.95	-0.1	0.71	0.91	0.71	0.78	0.8	0.58	0.9	0.89	0.96	-0.09	0.84	0.92	0.62	0.47	0.7
Total Stockholder Equity	0.93	0.64	0.91	0.92		0.83	0.34	0.73	0.75	0.92	-0.18	0.75	0.88	0.56	0.63	0.8	0.52	0.94	0.78	0.93	0.03	0.78	0.84	0.76	0.66	0.61
Property Plant And Equipment Net	0.78	0.52	0.73	0.79	0.83		0.18	0.43	0.75	0.73	-0.51	0.75	0.97	0.3	0.49	0.93	0.2	0.84	0.66	0.88	-0.42	0.85	0.86	0.83	0.79	0.39
Net Debt	0.62	0.87	0.58	0.55	0.34	0.18		0.63	0.28	0.67	0.56	0.28	0.35	0.56	0.92	0.16	0.79	0.25	0.8	0.55	-0.22	0.59	0.36	-0.1	-0.21	0.75
Retained Earnings	0.77	0.69	0.7	0.7	0.73	0.43	0.63		0.45	0.8	0.31	0.45	0.54	0.48	0.71	0.44	0.66	0.48	0.72	0.69	0.18	0.59	0.5	0.26	0.13	0.62
Cash	0.74	0.58	0.69	0.71	0.75	0.75	0.28	0.45		0.71	-0.33	1.0	0.75	0.36	0.53	0.7	0.34	0.76	0.65	0.78	-0.28	0.8	0.67	0.74	0.65	0.49
Non Current Assets Total	1.0	0.89	0.96	0.95	0.92	0.73	0.67	0.8	0.71		0.03	0.71	0.83	0.63	0.89	0.68	0.76	0.85	0.96	0.96	-0.1	0.87	0.8	0.55	0.43	0.84
Non Currrent Assets Other	-0.05	0.14	-0.03	-0.1	-0.18	-0.51	0.56	0.31	-0.33	0.03		-0.33	-0.35	0.36	0.28	-0.52	0.47	-0.32	0.07	-0.17	0.38	-0.26	-0.26	-0.56	-0.61	0.26
Cash And Short Term Investments	0.74	0.58	0.69	0.71	0.75	0.75	0.28	0.45	1.0	0.71	-0.33		0.75	0.36	0.53	0.7	0.34	0.76	0.65	0.78	-0.28	0.8	0.67	0.74	0.65	0.49
Net Receivables	0.88	0.65	0.83	0.91	0.88	0.97	0.35	0.54	0.75	0.83	-0.35	0.75		0.5	0.63	0.93	0.34	0.89	0.78	0.95	-0.33	0.88	0.95	0.79	0.69	0.51
Common Stock Shares Outstanding	0.6	0.51	0.67	0.71	0.56	0.3	0.56	0.48	0.36	0.63	0.36	0.36	0.5		0.57	0.39	0.42	0.57	0.58	0.55	0.24	0.37	0.64	0.23	0.02	0.44
Non Current Liabilities Total	0.86	0.98	0.81	0.78	0.63	0.49	0.92	0.71	0.53	0.89	0.28	0.53	0.63	0.57		0.42	0.86	0.57	0.97	0.81	-0.28	0.81	0.6	0.22	0.11	0.9
Inventory	0.73	0.48	0.71	0.8	0.8	0.93	0.16	0.44	0.7	0.68	-0.52	0.7	0.93	0.39	0.42		0.06	0.79	0.59	0.83	-0.31	0.81	0.87	0.8	0.72	0.23
Other Current Assets	0.71	0.81	0.68	0.58	0.52	0.2	0.79	0.66	0.34	0.76	0.47	0.34	0.34	0.42	0.86	0.06		0.45	0.8	0.6	0.02	0.52	0.33	0.04	-0.03	0.96
Other Stockholder Equity	0.88	0.59	0.9	0.9	0.94	0.84	0.25	0.48	0.76	0.85	-0.32	0.76	0.89	0.57	0.57	0.79	0.45		0.74	0.9	-0.06	0.76	0.86	0.79	0.7	0.59
Total Liab	0.95	0.97	0.91	0.89	0.78	0.66	0.8	0.72	0.65	0.96	0.07	0.65	0.78	0.58	0.97	0.59	0.8	0.74		0.92	-0.28	0.9	0.74	0.4	0.29	0.89
Total Current Assets	0.98	0.82	0.94	0.96	0.93	0.88	0.55	0.69	0.78	0.96	-0.17	0.78	0.95	0.55	0.81	0.83	0.6	0.9	0.92		-0.26	0.93	0.9	0.7	0.59	0.72
Short Term Debt	-0.15	-0.32	-0.06	-0.09	0.03	-0.42	-0.22	0.18	-0.28	-0.1	0.38	-0.28	-0.33	0.24	-0.28	-0.31	0.02	-0.06	-0.28	-0.26		-0.49	-0.2	-0.23	-0.31	-0.12
Intangible Assets	0.9	0.86	0.83	0.84	0.78	0.85	0.59	0.59	0.8	0.87	-0.26	0.8	0.88	0.37	0.81	0.81	0.52	0.76	0.9	0.93	-0.49		0.78	0.61	0.54	0.66
Accounts Payable	0.83	0.61	0.82	0.92	0.84	0.86	0.36	0.5	0.67	0.8	-0.26	0.67	0.95	0.64	0.6	0.87	0.33	0.86	0.74	0.9	-0.2	0.78		0.71	0.57	0.48
Common Stock	0.6	0.26	0.53	0.62	0.76	0.83	-0.1	0.26	0.74	0.55	-0.56	0.74	0.79	0.23	0.22	0.8	0.04	0.79	0.4	0.7	-0.23	0.61	0.71		0.95	0.19
Common Stock Total Equity	0.49	0.15	0.42	0.47	0.66	0.79	-0.21	0.13	0.65	0.43	-0.61	0.65	0.69	0.02	0.11	0.72	-0.03	0.7	0.29	0.59	-0.31	0.54	0.57	0.95		0.1
Other Liab	0.81	0.87	0.78	0.7	0.61	0.39	0.75	0.62	0.49	0.84	0.26	0.49	0.51	0.44	0.9	0.23	0.96	0.59	0.89	0.72	-0.12	0.66	0.48	0.19	0.1

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Pentair PLC Account Relationship Matchups

Pentair PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	4.2B	4.8B	6.4B	6.6B	4.3B
Short Long Term Debt Total	1.1B	839.6M	894.1M	2.3B	2.1B	1.2B
Other Current Liab	382.4M	468.2M	577.2M	613.2M	576.9M	383.7M
Total Current Liabilities	749M	772.5M	1.1B	1.1B	949.6M	698.0M
Total Stockholder Equity	2.0B	2.1B	2.4B	2.7B	3.2B	2.0B
Property Plant And Equipment Net	360.4M	301.2M	310M	344.5M	464M	418.3M
Net Debt	1.0B	757.5M	799.6M	2.2B	1.9B	1.0B
Retained Earnings	401M	631.2M	1.1B	1.4B	1.9B	942.3M
Cash	82.5M	82.1M	94.5M	108.9M	170.3M	178.8M
Non Current Assets Total	3.1B	3.2B	3.4B	4.9B	5.0B	3.1B
Non Currrent Assets Other	90.1M	202.8M	207.1M	171.3M	100.1M	138.0M
Cash And Short Term Investments	82.5M	82.1M	94.5M	108.9M	170.3M	178.8M
Net Receivables	543.9M	417.6M	583.1M	579.9M	632.5M	526.2M
Common Stock Shares Outstanding	170.4M	167.4M	167.5M	165.6M	166.3M	115.5M
Liabilities And Stockholders Equity	4.1B	4.2B	4.8B	6.4B	6.6B	4.3B
Non Current Liabilities Total	1.4B	1.3B	1.3B	2.7B	2.4B	1.6B
Inventory	377.4M	420M	562.9M	790M	677.7M	444.7M
Other Current Assets	58.1M	59.2M	63.5M	79.7M	88.5M	166.5M
Other Stockholder Equity	1.8B	1.7B	1.6B	1.6B	1.6B	1.1B
Total Liab	2.2B	2.1B	2.3B	3.7B	3.3B	2.3B
Total Current Assets	1.1B	975.1M	1.3B	1.6B	1.6B	1.2B
Short Term Debt	19M	22.1M	25.6M	29.3M	26.2M	23.2M
Intangible Assets	339.2M	325.9M	428M	1.1B	1.0B	840.9M
Accounts Payable	325.1M	245.1M	385.7M	355M	278.9M	279.4M
Accumulated Other Comprehensive Income	(226.5M)	(207.3M)	(213.9M)	(239M)	(244.4M)	(256.6M)
Other Liab	346.4M	478.8M	385.9M	306.6M	352.6M	576.7M
Other Assets	119.7M	204M	207.1M	197.3M	226.9M	215.6M
Long Term Debt	1.0B	839.6M	894.1M	2.3B	2.0B	1.7B
Good Will	2.3B	2.4B	2.5B	3.3B	3.3B	2.8B
Property Plant Equipment	283.2M	301.2M	310M	344.5M	396.2M	526.1M
Net Tangible Assets	(643.6M)	2.1B	(510.6M)	2.7B	3.1B	3.3B
Retained Earnings Total Equity	401M	631.2M	1.1B	1.4B	1.3B	1.2B
Capital Surpluse	1.8B	1.7B	1.6B	1.6B	1.4B	2.1B
Deferred Long Term Liab	104.4M	107.4M	89.8M	43.3M	39.0M	37.0M

Pair Trading with Pentair PLC

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 Pentair PLC 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 Pentair PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pentair Stock

0.8	B	Barnes Group	Pair Corr
0.71	BW	Babcock Wilcox Enter	Pair Corr
0.81	CR	Crane Company	Pair Corr

Moving against Pentair Stock

0.88	RR	Richtech Robotics Class	Pair Corr
0.86	CVV	CVD Equipment	Pair Corr
0.44	AOS	Smith AO	Pair Corr
0.39	CYD	China Yuchai Interna	Pair Corr

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

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

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

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