Prudential Accounts Payable vs Property Plant Equipment Analysis

PRS Stock  USD 24.79  0.06  0.24%   
Prudential Financial financial indicator trend analysis is much more than just breaking down Prudential Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential Financial is a good investment. Please check the relationship between Prudential Financial Accounts Payable and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Financial Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prudential Financial's Accounts Payable and Property Plant Equipment is -0.29. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Prudential Financial, assuming nothing else is changed. The correlation between historical values of Prudential Financial's Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Prudential Financial are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Prudential Financial's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Prudential Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Prudential Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant Equipment

Most indicators from Prudential Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential 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 Prudential Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.Selling General Administrative is likely to drop to about 11.5 B in 2024. Discontinued Operations is likely to drop to about 9.1 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit13.3B60.1B54.0B48.7B
Total Revenue70.9B56.9B54.0B51.3B

Prudential Financial fundamental ratios Correlations

0.560.030.050.860.580.810.41-0.070.67-0.03-0.060.32-0.17-0.70.350.32-0.631.00.270.220.1-0.090.55-0.59-0.62
0.560.070.090.390.90.320.13-0.010.440.120.14-0.05-0.21-0.44-0.030.37-0.340.57-0.140.280.08-0.030.120.0-0.04
0.030.071.0-0.040.24-0.27-0.160.3-0.37-0.270.690.72-0.440.340.71-0.740.440.04-0.39-0.750.38-0.940.10.140.32
0.050.091.0-0.020.27-0.26-0.160.31-0.34-0.270.690.71-0.450.330.71-0.730.430.06-0.4-0.730.39-0.940.110.140.31
0.860.39-0.04-0.020.480.630.250.150.51-0.35-0.110.27-0.35-0.410.290.2-0.360.840.410.240.230.00.84-0.45-0.48
0.580.90.240.270.480.310.080.190.43-0.120.280.09-0.51-0.240.10.16-0.140.58-0.140.220.41-0.180.360.120.08
0.810.32-0.27-0.260.630.310.37-0.190.780.27-0.29-0.030.03-0.83-0.010.53-0.830.810.290.4-0.010.260.28-0.63-0.77
0.410.13-0.16-0.160.250.080.37-0.610.250.03-0.28-0.040.48-0.43-0.010.29-0.390.410.20.15-0.340.210.1-0.28-0.27
-0.07-0.010.30.310.150.19-0.19-0.61-0.19-0.620.450.39-0.90.520.37-0.520.57-0.080.12-0.180.87-0.360.470.450.26
0.670.44-0.37-0.340.510.430.780.25-0.190.45-0.51-0.280.03-0.69-0.260.72-0.690.67-0.030.730.00.290.25-0.44-0.55
-0.030.12-0.27-0.27-0.35-0.120.270.03-0.620.45-0.4-0.50.64-0.58-0.490.62-0.63-0.01-0.450.34-0.630.26-0.7-0.4-0.32
-0.060.140.690.69-0.110.28-0.29-0.280.45-0.51-0.40.45-0.510.340.44-0.540.43-0.05-0.34-0.520.47-0.660.030.270.26
0.32-0.050.720.710.270.09-0.03-0.040.39-0.28-0.50.45-0.440.151.0-0.740.240.320.26-0.750.39-0.80.34-0.10.02
-0.17-0.21-0.44-0.45-0.35-0.510.030.48-0.90.030.64-0.51-0.44-0.4-0.430.48-0.47-0.16-0.070.16-0.950.44-0.61-0.39-0.26
-0.7-0.440.340.33-0.41-0.24-0.83-0.430.52-0.69-0.580.340.15-0.40.12-0.70.98-0.72-0.14-0.380.45-0.310.110.720.73
0.35-0.030.710.710.290.1-0.01-0.010.37-0.26-0.490.441.0-0.430.12-0.720.210.350.26-0.740.37-0.790.35-0.130.0
0.320.37-0.74-0.730.20.160.530.29-0.520.720.62-0.54-0.740.48-0.7-0.72-0.740.33-0.090.88-0.480.7-0.14-0.39-0.5
-0.63-0.340.440.43-0.36-0.14-0.83-0.390.57-0.69-0.630.430.24-0.470.980.21-0.74-0.65-0.17-0.420.51-0.410.150.770.78
1.00.570.040.060.840.580.810.41-0.080.67-0.01-0.050.32-0.16-0.720.350.33-0.650.250.210.09-0.10.51-0.59-0.63
0.27-0.14-0.39-0.40.41-0.140.290.20.12-0.03-0.45-0.340.26-0.07-0.140.26-0.09-0.170.25-0.080.050.370.36-0.15-0.22
0.220.28-0.75-0.730.240.220.40.15-0.180.730.34-0.52-0.750.16-0.38-0.740.88-0.420.21-0.08-0.10.680.13-0.08-0.29
0.10.080.380.390.230.41-0.01-0.340.870.0-0.630.470.39-0.950.450.37-0.480.510.090.05-0.1-0.390.570.450.27
-0.09-0.03-0.94-0.940.0-0.180.260.21-0.360.290.26-0.66-0.80.44-0.31-0.790.7-0.41-0.10.370.68-0.39-0.13-0.04-0.22
0.550.120.10.110.840.360.280.10.470.25-0.70.030.34-0.610.110.35-0.140.150.510.360.130.57-0.13-0.06-0.13
-0.590.00.140.14-0.450.12-0.63-0.280.45-0.44-0.40.27-0.1-0.390.72-0.13-0.390.77-0.59-0.15-0.080.45-0.04-0.060.85
-0.62-0.040.320.31-0.480.08-0.77-0.270.26-0.55-0.320.260.02-0.260.730.0-0.50.78-0.63-0.22-0.290.27-0.22-0.130.85
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Prudential Financial Account Relationship Matchups

Prudential Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets896.6B940.7B937.6B689.0B721.1B679.0B
Short Long Term Debt Total21.9B32.4B30.2B28.0B20.3B25.4B
Other Current Liab(1.9B)(24.0B)(20.5B)(7.6B)(100M)(95M)
Total Current Liabilities1.9B27.5B24.8B13.7B13.3B12.6B
Total Stockholder Equity63.1B67.4B61.9B30.6B27.8B39.1B
Net Debt5.5B18.5B17.3B10.7B837M795.2M
Retained Earnings33.0B30.7B36.7B31.7B32.4B19.1B
Accounts Payable11.4B12.0B9.5B5.7B15.7B9.7B
Cash16.3B13.9B12.9B17.3B971M922.5M
Non Current Assets Total411.0B903.7B906.7B664.1B674.3B390.7B
Non Currrent Assets Other(411.0B)45.5B185.9B618.0B625.8B657.1B
Other Assets72.7B70.5B146.9B270.4B27.4B26.0B
Cash And Short Term Investments412.9B13.7B12.9B17.3B19.4B18.4B
Common Stock Shares Outstanding410.9M395.8M390.1M372.3M364.6M369.7M
Short Term Investments396.6B20.0B15.1B4.6B23.1B22.0B
Liabilities And Stockholders Equity896.6B940.7B937.6B689.0B721.1B679.0B
Non Current Liabilities Total19.9B845.0B850.2B643.4B691.3B725.9B
Other Stockholder Equity6.1B5.9B3.9B2.7B2.0B1.9B
Total Liab832.8B872.5B875.0B657.1B691.3B639.4B
Total Current Assets412.9B37.1B30.9B24.9B19.4B30.3B
Accumulated Other Comprehensive Income24.0B30.7B21.3B(3.8B)(6.5B)(6.2B)
Short Term Debt1.9B12.0B11.0B7.4B6.8B4.4B
Other Current Assets38.1B37.1B30.9B24.9B46.8B49.2B
Net Tangible Assets63.1B67.4B61.9B16.3B18.7B17.8B
Noncontrolling Interest In Consolidated Entity604M785M732M958M1.1B592.4M
Long Term Debt18.6B19.7B18.6B19.9B17.9B15.8B
Retained Earnings Total Equity33.0B30.7B36.7B33.4B38.4B27.9B
Long Term Debt Total18.6B19.7B18.6B19.9B17.9B15.8B
Capital Surpluse25.5B25.6B25.7B25.7B29.6B27.5B
Long Term Investments526.1B556.8B495.1B420.5B483.5B505.5B
Treasury Stock(19.5B)(19.7B)(21.8B)(23.1B)(20.8B)(21.8B)
Non Current Liabilities Other800.9B839.5B846.8B652.8B750.7B806.5B
Intangible Assets1.1B20.7B19.0B21.2B21.4B22.5B

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