Prudential Cash And Equivalents vs Total Assets Analysis

PUK Stock  USD 15.91  0.15  0.93%   
Prudential Public financial indicator trend analysis is much more than just breaking down Prudential Public prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential Public is a good investment. Please check the relationship between Prudential Public Cash And Equivalents and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Cash And Equivalents vs Total Assets

Cash And Equivalents vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Public Cash And Equivalents account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Prudential Public's Cash And Equivalents and Total Assets is 0.64. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Total Assets in the same time period over historical financial statements of Prudential Public Limited, assuming nothing else is changed. The correlation between historical values of Prudential Public's Cash And Equivalents and Total 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 Cash And Equivalents of Prudential Public Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Equivalents i.e., Prudential Public's Cash And Equivalents and Total Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Equivalents

Total Assets

Total assets refers to the total amount of Prudential Public 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 Public 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.
Most indicators from Prudential Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential Public 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 Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Prudential Public's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 10.44 this year, although the value of Discontinued Operations is projected to rise to (3.6 B).
 2021 2022 2023 2024 (projected)
Income Before Tax2.7B1.5B2.4B2.1B
Other Operating Expenses23.8B9.7B12.0B11.4B

Prudential Public fundamental ratios Correlations

0.930.69-0.180.280.870.98-0.460.720.810.3-0.11.00.390.77-0.40.130.890.81-0.350.850.460.510.120.10.44
0.930.69-0.180.160.970.91-0.450.760.920.35-0.220.950.350.72-0.48-0.010.830.76-0.430.910.460.370.120.090.43
0.690.69-0.670.340.620.75-0.210.390.540.830.10.70.470.67-0.040.160.490.91-0.140.6-0.220.450.44-0.440.59
-0.18-0.18-0.67-0.41-0.07-0.250.120.21-0.05-0.91-0.24-0.17-0.46-0.29-0.24-0.20.18-0.45-0.360.00.54-0.1-0.630.54-0.66
0.280.160.34-0.41-0.060.41-0.08-0.37-0.080.390.390.260.550.130.040.590.110.40.690.03-0.020.060.15-0.080.4
0.870.970.62-0.07-0.060.82-0.450.870.960.26-0.350.890.190.7-0.52-0.160.820.67-0.610.90.490.370.10.130.38
0.980.910.75-0.250.410.82-0.410.620.740.380.020.980.480.73-0.320.250.860.86-0.240.830.370.480.120.040.46
-0.46-0.45-0.210.12-0.08-0.45-0.41-0.37-0.61-0.130.7-0.47-0.01-0.580.620.27-0.37-0.210.15-0.38-0.44-0.42-0.53-0.25-0.4
0.720.760.390.21-0.370.870.62-0.370.810.0-0.390.74-0.230.56-0.43-0.280.840.41-0.890.710.510.46-0.010.340.22
0.810.920.54-0.05-0.080.960.74-0.610.810.23-0.570.830.140.73-0.67-0.30.750.6-0.550.870.550.40.220.140.37
0.30.350.83-0.910.390.260.38-0.130.00.230.150.310.380.350.050.240.030.610.170.16-0.450.160.57-0.480.73
-0.1-0.220.1-0.240.39-0.350.020.7-0.39-0.570.15-0.120.35-0.370.710.72-0.160.070.36-0.26-0.44-0.29-0.36-0.19-0.02
1.00.950.7-0.170.260.890.98-0.470.740.830.31-0.120.360.77-0.40.110.910.81-0.380.860.460.510.120.110.45
0.390.350.47-0.460.550.190.48-0.01-0.230.140.380.350.360.310.110.30.080.570.460.35-0.12-0.030.17-0.460.09
0.770.720.67-0.290.130.70.73-0.580.560.730.35-0.370.770.31-0.3-0.260.620.74-0.280.720.110.810.49-0.280.26
-0.4-0.48-0.04-0.240.04-0.52-0.320.62-0.43-0.670.050.71-0.40.11-0.30.1-0.43-0.210.2-0.46-0.75-0.050.05-0.39-0.24
0.13-0.010.16-0.20.59-0.160.250.27-0.28-0.30.240.720.110.3-0.260.10.090.230.44-0.1-0.04-0.27-0.420.080.3
0.890.830.490.180.110.820.86-0.370.840.750.03-0.160.910.080.62-0.430.090.61-0.560.750.60.53-0.080.380.3
0.810.760.91-0.450.40.670.86-0.210.410.60.610.070.810.570.74-0.210.230.61-0.080.760.010.460.2-0.40.4
-0.35-0.43-0.14-0.360.69-0.61-0.240.15-0.89-0.550.170.36-0.380.46-0.280.20.44-0.56-0.08-0.44-0.3-0.280.1-0.320.02
0.850.910.60.00.030.90.83-0.380.710.870.16-0.260.860.350.72-0.46-0.10.750.76-0.440.40.38-0.02-0.080.1
0.460.46-0.220.54-0.020.490.37-0.440.510.55-0.45-0.440.46-0.120.11-0.75-0.040.60.01-0.30.4-0.03-0.320.760.1
0.510.370.45-0.10.060.370.48-0.420.460.40.16-0.290.51-0.030.81-0.05-0.270.530.46-0.280.38-0.030.51-0.170.11
0.120.120.44-0.630.150.10.12-0.53-0.010.220.57-0.360.120.170.490.05-0.42-0.080.20.1-0.02-0.320.51-0.330.45
0.10.09-0.440.54-0.080.130.04-0.250.340.14-0.48-0.190.11-0.46-0.28-0.390.080.38-0.4-0.32-0.080.76-0.17-0.330.15
0.440.430.59-0.660.40.380.46-0.40.220.370.73-0.020.450.090.26-0.240.30.30.40.020.10.10.110.450.15
Click cells to compare fundamentals

Prudential Public Account Relationship Matchups

Prudential Public fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets440.4B516.1B199.1B165.9B174.1B315.4B
Short Long Term Debt Total8.9B9.1B7.0B5.1B4.9B4.6B
Total Stockholder Equity19.5B20.9B17.1B17.0B17.8B12.0B
Property Plant And Equipment Net1.1B893M478M419M374M355.3M
Net Debt1.3B1.1B(182M)(438M)3.3B2.3B
Cash7.0B8.0B7.2B5.5B1.6B1.5B
Non Current Assets Total426.6B437.9B171.9B145.9B265.9B272.6B
Non Currrent Assets Other409.2B(437.9B)(171.9B)(145.9B)(157.0B)(164.9B)
Other Assets37.3B70.1B20.1B14.5B(108.3B)(102.9B)
Cash And Short Term Investments1.9B8.0B7.2B5.5B1.6B1.5B
Common Stock Shares Outstanding1.3B1.3B1.3B1.4B1.4B1.2B
Liabilities And Stockholders Equity440.4B516.1B199.1B165.9B174.1B315.4B
Non Current Liabilities Total410.0B14.7B9.4B3.5B150.5B158.0B
Total Liab420.7B494.0B181.8B148.8B156.1B248.6B
Total Current Assets13.8B8.0B7.2B5.5B16.4B18.4B
Intangible Assets4.2B20.3B6.9B7.2B4.0B7.8B
Other Current Liab6.3B732M935M(3.7B)(974M)(1.0B)
Total Current Liabilities10.7B2.8B1.6B3.5B8.8B7.5B
Other Liab406.2B463.0B160.5B129.0B148.3B140.9B
Retained Earnings13.6B14.4B10.2B10.8B11.9B11.1B
Accounts Payable2.8B1.3B1.1B3B143.9B151.1B
Long Term Debt7.0B8.1B6.1B4.3B3.9B3.7B
Good Will969M961M907M890M896M1.7B
Other Current Assets13.8B342.7B14.9B18.3B14.0B13.3B
Other Stockholder Equity2.6B6.3B5.0B5.0B5.0B4.3B
Short Term Debt598.9M1.2B501M500M699M664.1M
Common Stock165.0M172M173M182M183M173.9M
Property Plant Equipment1.1B893M478M419M481.9M457.8M
Short Term Investments2.6B34.7B226M6.3B5.9B6.2B
Common Stock Total Equity174.3M165.0M172M173M155.7M155.3M
Property Plant And Equipment Gross1.1B893M1.2B1.2B1.2B1.2B
Net Receivables2.3B2.7B1.8B836M961.4M1.9B
Accumulated Other Comprehensive Income3.1B3.6B1.7B962M703M365.4M
Net Tangible Assets15.3B15.8B12.2B12.2B14.0B14.1B
Long Term Investments386.4B410.9B163.4B137.2B151.6B278.6B
Short Long Term Debt598.9M520M501M500M699M1.1B
Long Term Debt Total7.7B8.6B6.5B4.6B4.1B8.2B
Capital Surpluse2.6B2.6B5.0B5.0B5.8B3.5B

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When determining whether Prudential Public is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Prudential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Prudential Public Limited Stock. Highlighted below are key reports to facilitate an investment decision about Prudential Public Limited Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Life & Health Insurance 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 Prudential Public. If investors know Prudential 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 Prudential Public 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
(0.87)
Dividend Share
0.211
Earnings Share
0.64
Revenue Per Share
1.9965
Quarterly Revenue Growth
(0.02)
The market value of Prudential Public is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Public's value that differs from its market value or its book value, called intrinsic value, which is Prudential Public'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 Prudential Public's market value can be influenced by many factors that don't directly affect Prudential Public'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 Prudential Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Public'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.