Prudential Long Term Debt vs Other Assets Analysis
PRU Stock | USD 128.24 1.98 1.57% |
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 Long Term Debt and its Other Assets 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.
Long Term Debt vs Other Assets
Long Term Debt vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Financial Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Prudential Financial's Long Term Debt and Other Assets is 0.45. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets 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 Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Prudential Financial are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., Prudential Financial's Long Term Debt and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Prudential Financial has held for over one year. Long-term debt appears on Prudential Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Prudential Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Other Assets
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 78.8 M in 2024. Discontinued Operations is likely to drop to about 8.8 M in 2024
Prudential Financial fundamental ratios Correlations
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Prudential Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prudential Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 896.6B | 940.7B | 937.6B | 689.9B | 721.1B | 663.2B | |
Total Stockholder Equity | 63.1B | 67.4B | 61.9B | 16.3B | 27.8B | 37.7B | |
Other Liab | 752.8B | 825.1B | 831.4B | 613.6B | 705.6B | 740.9B | |
Retained Earnings | 33.0B | 30.7B | 36.7B | 33.4B | 32.4B | 19.4B | |
Accounts Payable | 11.4B | 12.0B | 9.5B | 5.7B | 15.7B | 9.1B | |
Cash | 16.3B | 13.7B | 12.9B | 17.3B | 19.4B | 14.6B | |
Other Assets | 72.7B | 70.5B | 146.9B | 270.4B | 359.8B | 285.5B | |
Long Term Debt | 18.6B | 19.7B | 18.9B | 19.9B | 20.0B | 17.7B | |
Short Term Investments | 396.6B | 420.7B | 379.0B | 307.7B | 321.3B | 190.9B | |
Total Liab | 832.8B | 872.5B | 875.0B | 672.7B | 691.3B | 625.0B | |
Short Long Term Debt Total | 21.9B | 20.9B | 19.6B | 21.1B | 20.9B | 24.0B | |
Other Current Liab | (1.9B) | (12.9B) | (10.2B) | (10.7B) | (16.7B) | (15.9B) | |
Total Current Liabilities | 1.9B | 925M | 722M | 5.0B | 24.6B | 23.3B | |
Net Debt | 5.5B | 7.2B | 6.7B | 3.8B | 1.5B | 1.4B | |
Non Current Assets Total | 411.0B | 435.8B | 398.7B | 413.4B | 341.9B | 316.2B | |
Non Currrent Assets Other | (411.0B) | (435.8B) | (398.7B) | 86.2B | (341.9B) | (324.8B) | |
Cash And Short Term Investments | 412.9B | 434.4B | 391.9B | 325.0B | 19.4B | 18.4B | |
Common Stock Shares Outstanding | 410.9M | 395.8M | 390.1M | 372.3M | 364.6M | 369.7M | |
Liabilities And Stockholders Equity | 896.6B | 940.7B | 937.6B | 689.9B | 721.1B | 679.0B | |
Non Current Liabilities Total | 19.9B | 20.0B | 18.9B | 667.7B | 691.3B | 725.9B | |
Other Stockholder Equity | 6.1B | 5.9B | 3.9B | 2.7B | 2.0B | 1.9B | |
Total Current Assets | 412.9B | 434.4B | 391.9B | 6.1B | 19.4B | 18.4B | |
Accumulated Other Comprehensive Income | 24.0B | 30.7B | 21.3B | (19.8B) | (6.5B) | (6.2B) | |
Short Term Debt | 1.9B | 925M | 722M | 775M | 873M | 829.4M | |
Other Current Assets | 38.1B | 37.1B | 30.9B | (15.7B) | 28.7B | 30.1B | |
Treasury Stock | (19.5B) | (19.7B) | (21.8B) | (23.1B) | (20.8B) | (19.7B) | |
Intangible Assets | 1.1B | 1.1B | 771M | 595M | 1.0B | 1.6B | |
Noncontrolling Interest In Consolidated Entity | 604M | 785M | 732M | 958M | 862.2M | 819.1M | |
Retained Earnings Total Equity | 33.0B | 30.7B | 36.7B | 33.4B | 38.4B | 25.2B | |
Deferred Long Term Liab | 1.0B | 935M | 820M | 366M | 420.9M | 689.0M | |
Net Tangible Assets | 63.1B | 67.4B | 61.9B | 16.3B | 18.7B | 17.8B | |
Long Term Debt Total | 18.6B | 19.7B | 18.6B | 19.9B | 17.9B | 16.1B | |
Capital Surpluse | 25.5B | 25.6B | 25.7B | 25.7B | 29.6B | 27.4B | |
Long Term Investments | 526.1B | 556.8B | 398.0B | 420.5B | 339.4B | 472.5B | |
Non Current Liabilities Other | 800.9B | 839.5B | 846.8B | 652.8B | 750.7B | 783.4B |
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