Prudential Total Assets vs Cash And Equivalents Analysis
PRU Stock | USD 128.71 0.82 0.64% |
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 Total Assets and its Cash And Equivalents 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.
Total Assets vs Cash And Equivalents
Total Assets vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Financial Total Assets account and Cash And Equivalents. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Prudential Financial's Total Assets and Cash And Equivalents is -0.05. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Equivalents 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 Total Assets and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Prudential Financial are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Total Assets i.e., Prudential Financial's Total Assets and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Prudential Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Prudential Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash And Equivalents
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 | 678.1B | 712.0B | |
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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