Pactiv Cash And Short Term Investments vs Inventory Analysis
PTVE Stock | USD 13.20 0.20 1.54% |
Pactiv Evergreen financial indicator trend analysis is much more than just breaking down Pactiv Evergreen prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pactiv Evergreen is a good investment. Please check the relationship between Pactiv Evergreen Cash And Short Term Investments and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pactiv Evergreen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Pactiv Stock refer to our How to Trade Pactiv Stock guide.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pactiv Evergreen Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pactiv Evergreen's Cash And Short Term Investments and Inventory is 0.8. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Pactiv Evergreen, assuming nothing else is changed. The correlation between historical values of Pactiv Evergreen's Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Pactiv Evergreen are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Pactiv Evergreen's Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pactiv Evergreen balance sheet. This account contains Pactiv Evergreen investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pactiv Evergreen fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Inventory
Most indicators from Pactiv Evergreen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pactiv Evergreen 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 Pactiv Evergreen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Pactiv Stock refer to our How to Trade Pactiv Stock guide.At present, Pactiv Evergreen's Enterprise Value Multiple is projected to increase based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 574M | 997M | 641M | 609.0M | Total Revenue | 5.4B | 6.2B | 5.5B | 7.3B |
Pactiv Evergreen fundamental ratios Correlations
Click cells to compare fundamentals
Pactiv Evergreen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pactiv Evergreen fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.3B | 6.8B | 7.0B | 7.3B | 6.4B | 11.9B | |
Other Current Liab | 5M | 344M | 356M | 424M | 406M | 330.2M | |
Total Current Liabilities | 4.9B | 739M | 819M | 914M | 796M | 756.2M | |
Total Stockholder Equity | 2.0B | 1.1B | 1.3B | 1.5B | 1.3B | 929.3M | |
Property Plant And Equipment Net | 3.3B | 1.9B | 2.1B | 2.0B | 1.8B | 2.4B | |
Net Debt | 9.7B | 3.8B | 4.3B | 3.9B | 3.7B | 6.7B | |
Retained Earnings | 1.5B | 806M | 758M | 1.0B | 706M | 690.7M | |
Accounts Payable | 975M | 313M | 364M | 388M | 300M | 285M | |
Cash | 1.3B | 458M | 197M | 531M | 164M | 155.8M | |
Non Current Assets Total | 12.5B | 5.0B | 5.2B | 5.1B | 4.8B | 9.0B | |
Non Currrent Assets Other | 653M | 166M | 149M | (147M) | 207M | 217.4M | |
Other Assets | 7.7B | 1M | 156M | 173M | 155.7M | 147.9M | |
Cash And Short Term Investments | 1.3B | 458M | 197M | 531M | 164M | 155.8M | |
Net Receivables | 1.0B | 430M | 522M | 494M | 461M | 740.5M | |
Good Will | 4.9B | 1.8B | 1.8B | 1.8B | 1.6B | 1.6B | |
Common Stock Shares Outstanding | 41.0M | 146.2M | 177.7M | 178.4M | 178.7M | 172.9M | |
Liabilities And Stockholders Equity | 16.3B | 6.8B | 7.0B | 7.3B | 6.4B | 10.4B | |
Non Current Liabilities Total | 9.4B | 5.0B | 4.9B | 4.8B | 4.3B | 4.0B | |
Inventory | 1.3B | 784M | 854M | 1.1B | 852M | 990.9M | |
Other Current Assets | 93M | 201M | 289M | 132M | 112M | 130.5M | |
Other Stockholder Equity | 2.0K | 614M | 625M | 647M | 676M | 461.7M | |
Total Liab | 14.3B | 5.8B | 5.7B | 5.8B | 5.0B | 4.8B | |
Total Current Assets | 3.7B | 1.9B | 1.9B | 2.2B | 1.6B | 2.8B | |
Intangible Assets | 3.7B | 1.1B | 1.1B | 1.1B | 1.0B | 953.8M | |
Short Long Term Debt Total | 11.0B | 4.3B | 4.5B | 4.4B | 3.9B | 3.7B | |
Accumulated Other Comprehensive Income | (1.2B) | (349M) | (99M) | (102M) | (37M) | (38.9M) | |
Short Term Debt | 3.7B | 72M | 91M | 96M | 79M | 75.1M | |
Current Deferred Revenue | 259M | 342M | 333M | 11M | 9.9M | 9.4M | |
Property Plant And Equipment Gross | 3.3B | 1.9B | 2.1B | 2.0B | 4.9B | 5.1B | |
Other Liab | 2.0B | 848M | 465M | 525M | 472.5M | 448.9M | |
Net Tangible Assets | (834M) | (1.8B) | (1.7B) | (1.3B) | (1.5B) | (1.6B) | |
Long Term Debt | 7.1B | 4.0B | 4.2B | 4.1B | 3.6B | 5.6B | |
Short Long Term Debt | 455M | 3.6B | 15M | 30M | 31M | 14.3M | |
Property Plant Equipment | 1.9B | 1.9B | 2.1B | 1.8B | 1.6B | 1.8B | |
Net Invested Capital | 12.6B | 5.1B | 5.5B | 5.7B | 4.9B | 6.8B | |
Net Working Capital | (1.2B) | 1.1B | 1.0B | 1.3B | 793M | 690.4M | |
Non Current Liabilities Other | 183M | 136M | 448M | 415M | 161M | 282.5M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Pactiv Evergreen is a strong investment it is important to analyze Pactiv Evergreen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pactiv Evergreen's future performance. For an informed investment choice regarding Pactiv Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pactiv Evergreen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Pactiv Stock refer to our How to Trade Pactiv Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Paper & Plastic Packaging Products & Materials 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 Pactiv Evergreen. If investors know Pactiv 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 Pactiv Evergreen 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 (0.23) | Dividend Share 0.4 | Earnings Share (0.93) | Revenue Per Share 28.949 | Quarterly Revenue Growth (0.03) |
The market value of Pactiv Evergreen is measured differently than its book value, which is the value of Pactiv that is recorded on the company's balance sheet. Investors also form their own opinion of Pactiv Evergreen's value that differs from its market value or its book value, called intrinsic value, which is Pactiv Evergreen'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 Pactiv Evergreen's market value can be influenced by many factors that don't directly affect Pactiv Evergreen'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 Pactiv Evergreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pactiv Evergreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pactiv Evergreen'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.