PPL Other Current Liab vs Inventory Analysis

PPL Stock  USD 34.85  0.58  1.69%   
PPL financial indicator trend analysis is much more than just breaking down PPL Corporation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PPL Corporation is a good investment. Please check the relationship between PPL Other Current Liab and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Other Current Liab vs Inventory

Other Current Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PPL Corporation Other Current Liab account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between PPL's Other Current Liab and Inventory is 0.15. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of PPL Corporation, assuming nothing else is changed. The correlation between historical values of PPL's Other Current Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of PPL Corporation are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., PPL's Other Current Liab and Inventory go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Inventory

Most indicators from PPL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PPL Corporation 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 PPL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, PPL's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 39.7 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to (0.01).
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.9B5.1B4.0B
Total Revenue5.8B7.9B8.3B6.6B

PPL fundamental ratios Correlations

0.740.630.240.40.910.850.580.340.460.320.77-0.220.320.390.960.630.070.220.840.60.860.150.480.710.86
0.740.940.430.880.790.830.90.840.80.170.990.120.180.730.710.970.550.290.560.970.90.510.680.590.52
0.630.940.480.840.580.830.990.840.62-0.030.960.0-0.020.540.570.980.370.360.450.970.830.280.730.570.47
0.240.430.480.530.270.350.470.480.060.00.440.190.01-0.040.190.410.150.970.30.450.360.160.380.250.11
0.40.880.840.530.560.620.810.940.760.090.840.230.110.680.40.860.710.360.30.910.670.60.770.40.16
0.910.790.580.270.560.760.520.480.680.420.770.030.420.610.910.630.390.20.750.630.850.450.480.580.69
0.850.830.830.350.620.760.810.60.510.050.88-0.420.050.440.770.780.180.290.670.770.90.060.760.630.69
0.580.90.990.470.810.520.810.80.59-0.170.94-0.02-0.160.520.520.960.330.360.410.950.820.190.730.520.46
0.340.840.840.480.940.480.60.80.70.150.80.190.160.620.280.850.670.30.160.890.60.60.690.410.03
0.460.80.620.060.760.680.510.590.70.110.730.280.120.980.50.740.83-0.10.370.760.660.690.40.260.26
0.320.17-0.030.00.090.420.05-0.170.150.110.070.131.00.070.260.050.22-0.050.250.060.040.63-0.050.380.02
0.770.990.960.440.840.770.880.940.80.730.070.020.070.660.730.970.440.320.590.970.930.360.720.610.59
-0.220.120.00.190.230.03-0.42-0.020.190.280.130.020.130.27-0.090.10.40.12-0.230.13-0.080.57-0.27-0.13-0.22
0.320.18-0.020.010.110.420.05-0.160.160.121.00.070.130.090.260.050.24-0.050.250.070.040.64-0.030.380.01
0.390.730.54-0.040.680.610.440.520.620.980.070.660.270.090.460.670.84-0.210.310.690.610.670.320.140.22
0.960.710.570.190.40.910.770.520.280.50.260.73-0.090.260.460.590.130.180.80.560.880.180.440.540.91
0.630.970.980.410.860.630.780.960.850.740.050.970.10.050.670.590.490.270.460.990.840.420.640.550.46
0.070.550.370.150.710.390.180.330.670.830.220.440.40.240.840.130.49-0.030.070.550.330.850.26-0.04-0.21
0.220.290.360.970.360.20.290.360.3-0.1-0.050.320.12-0.05-0.210.180.27-0.030.290.30.29-0.010.280.230.16
0.840.560.450.30.30.750.670.410.160.370.250.59-0.230.250.310.80.460.070.290.440.70.110.310.520.77
0.60.970.970.450.910.630.770.950.890.760.060.970.130.070.690.560.990.550.30.440.820.470.690.530.4
0.860.90.830.360.670.850.90.820.60.660.040.93-0.080.040.610.880.840.330.290.70.820.220.640.470.76
0.150.510.280.160.60.450.060.190.60.690.630.360.570.640.670.180.420.85-0.010.110.470.220.090.14-0.17
0.480.680.730.380.770.480.760.730.690.4-0.050.72-0.27-0.030.320.440.640.260.280.310.690.640.090.470.32
0.710.590.570.250.40.580.630.520.410.260.380.61-0.130.380.140.540.55-0.040.230.520.530.470.140.470.47
0.860.520.470.110.160.690.690.460.030.260.020.59-0.220.010.220.910.46-0.210.160.770.40.76-0.170.320.47
Click cells to compare fundamentals

PPL Account Relationship Matchups

PPL fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding736.8M769.4M764.8M736.9M738.2M494.2M
Total Assets45.7B48.1B33.2B37.8B39.2B30.6B
Short Long Term Debt Total23.0B24.8B11.2B14.2B15.7B13.7B
Other Current Liab1.4B12.0B1.0B1.1B1.1B2.0B
Total Current Liabilities4.9B6.0B2.3B3.8B3.3B3.8B
Total Stockholder Equity13.0B13.4B13.7B13.9B13.9B8.3B
Property Plant And Equipment Net36.5B38.9B25.5B30.2B31.5B21.2B
Net Debt22.2B24.1B7.6B13.9B15.3B12.8B
Retained Earnings5.1B5.3B2.6B2.7B2.7B3.3B
Accounts Payable956M745M679M1.2B1.1B801.0M
Cash815M708M3.6B356M382M362.9M
Non Current Assets Total42.9B45.3B28.2B35.0B36.3B27.2B
Non Currrent Assets Other2.5B2.4B1.7B2.2B2.3B2.1B
Cash And Short Term Investments815M708M3.6B356M382M362.9M
Net Receivables1.3B904M948M1.6B1.6B1.2B
Liabilities And Stockholders Equity45.7B48.1B33.2B37.8B39.2B30.6B
Non Current Liabilities Total27.8B28.8B17.2B20.1B22.0B18.5B
Inventory332M361M322M443M505M409.4M
Other Current Assets177M19.3B166M427M396M376.2M
Other Stockholder Equity4.9B12.3B11.3B11.4B11.4B5.9B
Total Liab32.7B34.7B19.5B23.9B25.3B22.3B
Property Plant And Equipment Gross36.5B38.9B25.5B30.3B40.6B22.0B
Total Current Assets2.8B2.8B5.0B2.8B2.9B3.4B
Accumulated Other Comprehensive Income(4.4B)(4.2B)(157M)(124M)(163M)(171.2M)
Short Term Debt2.3B2.2B544M1.3B1.0B1.3B
Common Stock12.2B12.3B12.3B12.3B8M7.6M
Other Liab6.9B7.1B6.5B7.1B8.2B4.6B
Other Assets2.4B2.3B2.5B2.2B1.9B2.0B
Long Term Debt20.7B21.6B10.7B12.9B14.6B14.3B
Property Plant Equipment36.5B38.9B25.5B30.2B34.8B23.0B
Current Deferred Revenue257M261M300M(20M)(23M)(21.9M)
Good Will3.2B3.3B716M2.2B2.2B2.6B
Intangible Assets743M764M343M313M306M290.7M
Short Term Investments49M109M147M94M84.6M90.4M
Retained Earnings Total Equity5.1B5.3B2.6B2.7B3.1B2.6B
Deferred Long Term Liab3.1B3.6B1.2B3.0B3.5B2.1B
Net Tangible Assets29.8B30.9B12.7B24.2B27.9B24.1B
Long Term Debt Total20.7B21.6B10.7B12.9B11.6B14.5B

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When determining whether PPL Corporation is a strong investment it is important to analyze PPL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPL's future performance. For an informed investment choice regarding PPL Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPL. If investors know PPL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
1.013
Earnings Share
1.11
Revenue Per Share
11.229
Quarterly Revenue Growth
0.011
The market value of PPL Corporation is measured differently than its book value, which is the value of PPL that is recorded on the company's balance sheet. Investors also form their own opinion of PPL's value that differs from its market value or its book value, called intrinsic value, which is PPL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPL's market value can be influenced by many factors that don't directly affect PPL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPL's value and its price as these two are different measures arrived at by different means. Investors typically determine if PPL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.