Park Tax Provision vs Selling And Marketing Expenses Analysis
| PRK Stock | USD 173.49 7.62 4.59% |
Park National financial indicator trend analysis is much more than just breaking down Park National prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park National is a good investment. Please check the relationship between Park National Tax Provision and its Selling And Marketing Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Park Stock please use our How to buy in Park Stock guide.
Tax Provision vs Selling And Marketing Expenses
Tax Provision vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park National Tax Provision account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Park National's Tax Provision and Selling And Marketing Expenses is -0.25. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Park National, assuming nothing else is changed. The correlation between historical values of Park National's Tax Provision and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Park National are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Tax Provision i.e., Park National's Tax Provision and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Selling And Marketing Expenses
Most indicators from Park National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park National 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 Park National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Park Stock please use our How to buy in Park Stock guide.At this time, Park National's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.93 this year, although Enterprise Value will most likely fall to about 732.2 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Operating Income | 180.5M | 179.5M | 184.7M | 136.9M | Other Operating Expenses | 333.7M | 410.7M | 460.8M | 483.9M |
Park National fundamental ratios Correlations
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Park National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Park National fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Common Stock Shares Outstanding | 16.4M | 16.4M | 16.4M | 16.3M | 16.2M | 14.3M | |
| Total Assets | 9.3B | 9.6B | 9.9B | 9.8B | 9.8B | 6.0B | |
| Short Long Term Debt Total | 578.6M | 441.3M | 643.4M | 425.8M | 206.2M | 195.8M | |
| Other Current Liab | (349.2M) | 3.5B | (3.5M) | 3.3B | 5.4B | 5.7B | |
| Total Current Liabilities | 28.9M | 28.1M | 227.3M | 3.5B | 5.4B | 5.7B | |
| Total Stockholder Equity | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B | 635.4M | |
| Property Plant And Equipment Net | 103.7M | 104.9M | 82.1M | 92.2M | 86.9M | 56.2M | |
| Net Debt | (109.1M) | 222.2M | 226.3M | 207.5M | 45.6M | 43.3M | |
| Retained Earnings | 704.8M | 776.3M | 847.2M | 903.9M | 977.6M | 1.0B | |
| Cash | 370.5M | 219.2M | 189.7M | 218.3M | 160.6M | 162.1M | |
| Non Current Assets Total | 1.5B | 2.1B | 326.3M | 9.4B | 1.3B | 2.2B | |
| Non Currrent Assets Other | (1.5B) | (5.1B) | (1.7B) | 7.6B | 8.8B | 9.2B | |
| Other Assets | 6.3B | 5.5B | 7.6B | 207.2M | 8.2B | 8.6B | |
| Cash And Short Term Investments | 1.4B | 2.0B | 1.9B | 1.6B | 1.2B | 681.0M | |
| Net Receivables | 49.4M | 20.5M | 34.7M | 63.3M | 66.1M | 69.4M | |
| Liabilities And Stockholders Equity | 9.3B | 9.6B | 9.9B | 9.8B | 9.8B | 6.0B | |
| Other Stockholder Equity | (130.8M) | (142.5M) | (138.0M) | (155.7M) | 1.3B | 1.4B | |
| Total Liab | 8.2B | 8.4B | 8.8B | 8.7B | 8.6B | 5.4B | |
| Property Plant And Equipment Gross | 230.6M | 247.7M | 251.4M | 255.9M | 255.3M | 268.0M | |
| Total Current Assets | 1.5B | 2.2B | 1.9B | 1.8B | 277.8M | 263.9M | |
| Short Term Debt | 345.3M | 25M | 227.3M | 220M | 253M | 303.2M | |
| Accounts Payable | 3.9M | 3.1M | 3.5M | 6.9M | 7.9M | 4.8M | |
| Non Current Liabilities Total | 236.3M | 303.1M | 8.6B | 5.1B | 189.7M | 180.2M | |
| Accumulated Other Comprehensive Income | 5.6M | 15.2M | (102.4M) | (66.2M) | (46.2M) | (43.9M) | |
| Common Stock Total Equity | 459.4M | 460.7M | 461.8M | 462.4M | 531.8M | 304.4M | |
| Common Stock | 460.7M | 461.8M | 462.4M | 463.3M | 463.7M | 296.5M | |
| Other Liab | 78.7M | 103.9M | 118.0M | 110.8M | 127.4M | 113.7M | |
| Long Term Debt | 220.3M | 427.0M | 416.0M | 189.1M | 189.7M | 180.2M | |
| Inventory | (504.0M) | (390.8M) | 2.0M | 97.2M | 87.5M | 91.9M | |
| Treasury Stock | (127.6M) | (130.8M) | (142.5M) | (138.0M) | (124.2M) | (130.4M) | |
| Property Plant Equipment | 88.7M | 89.0M | 82.1M | 89.9M | 85.3M | 66.8M | |
| Short Term Investments | 1.1B | 1.8B | 1.7B | 1.3B | 996.6M | 801.7M | |
| Intangible Assets | 21.5M | 22.7M | 6.0M | 19.3M | 17.4M | 11.5M | |
| Other Current Assets | 103.5M | 167.5M | (33.0M) | 165.9M | (879.4M) | (835.4M) | |
| Net Tangible Assets | 797.9M | 1.0B | 943.7M | 1.1B | 1.2B | 844.3M | |
| Retained Earnings Total Equity | 646.8M | 704.8M | 776.3M | 847.2M | 974.3M | 627.3M | |
| Long Term Debt Total | 220.3M | 188.2M | 416.0M | 189.1M | 189.7M | 180.2M |
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Try AI Portfolio ProphetCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Park Stock please use our How to buy in Park Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Regional Banks 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 Park National. If investors know Park 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 Park National 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 0.227 | Dividend Share 4.26 | Earnings Share 10.27 | Revenue Per Share | Quarterly Revenue Growth 0.12 |
The market value of Park National is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park National's value that differs from its market value or its book value, called intrinsic value, which is Park National'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 Park National's market value can be influenced by many factors that don't directly affect Park National'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 Park National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park National'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.