Prudential Short Term Debt vs Net Debt Analysis

PRU Stock   641.80  9.00  1.38%   
Prudential Plc financial indicator trend analysis is much more than just breaking down Prudential plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential plc is a good investment. Please check the relationship between Prudential Plc Short Term Debt and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential 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 bureau of economic analysis.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential plc Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prudential Plc's Short Term Debt and Net Debt is -0.37. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Prudential plc, assuming nothing else is changed. The correlation between historical values of Prudential Plc's Short Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Prudential plc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Prudential Plc's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Prudential Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential 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 Prudential 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 bureau of economic analysis.
As of November 30, 2024, Selling General Administrative is expected to decline to about 2.7 B. In addition to that, Tax Provision is expected to decline to about 368.3 M

Prudential Plc fundamental ratios Correlations

0.920.66-0.18-0.210.891.00.070.00.530.290.11-0.041.0-0.460.05-0.30.82-0.170.480.590.780.360.730.630.37
0.920.64-0.29-0.150.910.910.14-0.080.360.36-0.05-0.010.92-0.510.05-0.330.64-0.070.240.510.760.460.820.650.43
0.660.64-0.680.290.580.68-0.170.340.460.830.460.340.64-0.80.07-0.740.69-0.10.330.650.920.470.60.010.48
-0.18-0.29-0.68-0.7-0.03-0.190.34-0.42-0.1-0.91-0.42-0.48-0.160.94-0.360.92-0.19-0.120.02-0.2-0.48-0.49-0.220.3-0.69
-0.21-0.150.29-0.7-0.42-0.2-0.050.25-0.260.690.080.18-0.22-0.520.35-0.59-0.2-0.11-0.26-0.170.150.43-0.17-0.380.57
0.890.910.58-0.03-0.420.890.19-0.160.450.19-0.04-0.010.89-0.3-0.13-0.130.69-0.070.370.50.660.310.750.680.19
1.00.910.68-0.19-0.20.890.05-0.010.530.310.14-0.031.0-0.470.04-0.310.84-0.180.480.60.790.370.730.60.36
0.070.14-0.170.34-0.050.190.05-0.21-0.07-0.22-0.53-0.220.080.340.160.23-0.230.13-0.05-0.39-0.08-0.13-0.060.550.2
0.0-0.080.34-0.420.25-0.16-0.01-0.210.720.350.650.31-0.01-0.380.09-0.60.290.060.60.320.25-0.190.05-0.490.12
0.530.360.46-0.1-0.260.450.53-0.070.720.160.570.160.52-0.3-0.05-0.40.74-0.030.920.540.45-0.110.390.030.03
0.290.360.83-0.910.690.190.31-0.220.350.160.370.480.28-0.90.29-0.890.31-0.010.080.290.640.580.26-0.190.68
0.11-0.050.46-0.420.08-0.040.14-0.530.650.570.370.380.1-0.480.15-0.610.52-0.020.480.40.31-0.110.02-0.530.13
-0.04-0.010.34-0.480.18-0.01-0.03-0.220.310.160.480.38-0.05-0.47-0.02-0.50.020.370.11-0.010.09-0.05-0.05-0.210.3
1.00.920.64-0.16-0.220.891.00.08-0.010.520.280.1-0.05-0.440.05-0.290.81-0.170.480.580.770.350.730.640.36
-0.46-0.51-0.80.94-0.52-0.3-0.470.34-0.38-0.3-0.9-0.48-0.47-0.44-0.330.93-0.46-0.07-0.2-0.34-0.62-0.53-0.380.1-0.72
0.050.050.07-0.360.35-0.130.040.160.09-0.050.290.15-0.020.05-0.33-0.45-0.110.18-0.1-0.340.010.12-0.340.150.76
-0.3-0.33-0.740.92-0.59-0.13-0.310.23-0.6-0.4-0.89-0.61-0.5-0.290.93-0.45-0.37-0.08-0.3-0.24-0.54-0.35-0.170.22-0.75
0.820.640.69-0.19-0.20.690.84-0.230.290.740.310.520.020.81-0.46-0.11-0.37-0.230.680.80.740.350.690.160.1
-0.17-0.07-0.1-0.12-0.11-0.07-0.180.130.06-0.03-0.01-0.020.37-0.17-0.070.18-0.08-0.23-0.16-0.11-0.19-0.2-0.07-0.050.14
0.480.240.330.02-0.260.370.48-0.050.60.920.080.480.110.48-0.2-0.1-0.30.68-0.160.370.28-0.170.180.11-0.01
0.590.510.65-0.2-0.170.50.6-0.390.320.540.290.4-0.010.58-0.34-0.34-0.240.8-0.110.370.780.330.8-0.11-0.16
0.780.760.92-0.480.150.660.79-0.080.250.450.640.310.090.77-0.620.01-0.540.74-0.190.280.780.440.760.170.37
0.360.460.47-0.490.430.310.37-0.13-0.19-0.110.58-0.11-0.050.35-0.530.12-0.350.35-0.2-0.170.330.440.490.080.37
0.730.820.6-0.22-0.170.750.73-0.060.050.390.260.02-0.050.73-0.38-0.34-0.170.69-0.070.180.80.760.490.260.01
0.630.650.010.3-0.380.680.60.55-0.490.03-0.19-0.53-0.210.640.10.150.220.16-0.050.11-0.110.170.080.260.3
0.370.430.48-0.690.570.190.360.20.120.030.680.130.30.36-0.720.76-0.750.10.14-0.01-0.160.370.370.010.3
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Prudential Plc Account Relationship Matchups

Prudential Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets454.2B516.1B188.2B160.2B174.1B315.3B
Short Long Term Debt Total16.0B8.2B9.1B5.1B4.9B9.7B
Total Stockholder Equity19.5B20.9B18.9B16.7B17.8B12.0B
Property Plant And Equipment Net1.1B893M495M437M374M355.3M
Net Debt1.3B1.1B1.1B3.3B3.3B2.4B
Cash7.0B8.0B7.2B1.8B1.6B1.5B
Non Current Assets Total410.0B437.9B171.9B145.7B157.0B245.8B
Non Currrent Assets Other(410.0B)(218.6B)(169.5B)(142.6B)(157.0B)(149.2B)
Other Assets37.3B516.1B188.2B160.2B174.1B182.8B
Cash And Short Term Investments7.0B44.1B7.2B1.8B1.6B1.5B
Common Stock Shares Outstanding2.6B2.6B2.6B2.7B2.7B2.5B
Liabilities And Stockholders Equity454.2B516.1B188.2B160.2B174.1B315.3B
Non Current Liabilities Total13.0B14.7B9.4B3.5B5.4B5.2B
Other Stockholder Equity5.7B6.3B6.7B5.9B5.7B3.6B
Total Liab434.5B494.0B169.1B143.4B156.1B303.1B
Property Plant And Equipment Gross1.1B893M1.2B1.2B1.2B1.2B
Total Current Assets7.0B8.0B7.2B1.8B14.5B13.8B
Other Current Assets10.4B(44.1B)(7.2B)(1.8B)(1.6B)(1.5B)
Intangible Assets17.5B20.3B4.0B3.9B4.0B3.8B
Other Current Liab(3.7B)(2.5B)(1.1B)(3.9B)(974M)(1.0B)
Total Current Liabilities3.4B11.3B1.6B3.5B699M664.1M
Other Liab406.2B463.0B160.5B129.0B148.3B170.0B
Retained Earnings13.6B14.4B12.1B10.7B11.9B11.2B
Accounts Payable2.8B1.3B1.1B2.9B3.3B2.2B
Long Term Debt7.1B8.1B6.1B4.3B3.9B7.1B
Good Will969M961M907M890M896M1.5B
Common Stock Total Equity174.3M165.0M172M173M199.0M206.0M
Short Term Debt520M907M904M862M699M664.1M
Common Stock172M173M182M151.3M183M173.9M
Property Plant Equipment1.1B893M478M419M481.9M790.2M
Short Term Investments57.1B36.0B226M(268M)4.6B4.8B
Net Receivables2.3B2.7B1.8B836M961.4M1.9B
Accumulated Other Comprehensive Income2.3B2.7B1.2B736.2M551.5M390.6M
Net Tangible Assets15.3B15.8B12.2B12.2B14.0B13.6B
Long Term Investments386.4B410.9B163.4B136.9B151.6B267.5B
Short Long Term Debt598.9M520M501M500M699M1.1B
Long Term Debt Total15.3B7.7B8.6B6.5B5.8B8.7B

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Other Information on Investing in Prudential Stock

Balance Sheet is a snapshot of the financial position of Prudential plc at a specified time, usually calculated after every quarter, six months, or one year. Prudential Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prudential Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Prudential currently owns. An asset can also be divided into two categories, current and non-current.