Penske Accounts Payable vs Capital Surpluse Analysis
PAG Stock | USD 155.73 4.01 2.51% |
Penske Automotive financial indicator trend analysis is much more than just breaking down Penske Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Penske Automotive is a good investment. Please check the relationship between Penske Automotive Accounts Payable and its Capital Surpluse accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penske Automotive Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Accounts Payable vs Capital Surpluse
Accounts Payable vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Penske Automotive Accounts Payable account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Penske Automotive's Accounts Payable and Capital Surpluse is -0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Penske Automotive Group, assuming nothing else is changed. The correlation between historical values of Penske Automotive's Accounts Payable and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Penske Automotive Group are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accounts Payable i.e., Penske Automotive's Accounts Payable and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Penske Automotive obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Penske Automotive are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Surpluse
Most indicators from Penske Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Penske Automotive 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 Penske Automotive Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Penske Automotive's Discontinued Operations is most likely to increase significantly in the upcoming years. The Penske Automotive's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Selling General Administrative is projected to decrease to roughly 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 4.8B | 4.8B | 5.0B | Total Revenue | 25.6B | 27.8B | 29.5B | 31.0B |
Penske Automotive fundamental ratios Correlations
Click cells to compare fundamentals
Penske Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Penske Automotive fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9B | 13.2B | 13.5B | 14.1B | 16.4B | 17.2B | |
Short Long Term Debt Total | 8.7B | 7.2B | 6.4B | 7.0B | 4.1B | 3.5B | |
Total Current Liabilities | 5.5B | 4.7B | 4.3B | 4.7B | 5.7B | 5.9B | |
Total Stockholder Equity | 2.8B | 3.3B | 4.1B | 4.2B | 4.7B | 5.0B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 4.9B | 4.9B | 5.2B | 5.4B | |
Net Debt | 8.6B | 7.1B | 6.3B | 6.8B | 4.0B | 3.4B | |
Retained Earnings | 2.7B | 3.2B | 4.2B | 4.5B | 5.0B | 5.2B | |
Accounts Payable | 638.8M | 675.4M | 767.1M | 853.5M | 4.6B | 4.9B | |
Cash | 28.1M | 49.5M | 100.7M | 106.5M | 96.4M | 101.2M | |
Non Current Assets Total | 8.6B | 8.8B | 9.4B | 9.5B | 10.7B | 11.3B | |
Non Currrent Assets Other | 1.4B | 1.5B | 1.7B | (666.6M) | 63.1M | 59.9M | |
Cash And Short Term Investments | 28.1M | 49.5M | 100.7M | 106.5M | 96.4M | 101.2M | |
Net Receivables | 960.3M | 806.9M | 734M | 906.7M | 1.1B | 1.2B | |
Common Stock Shares Outstanding | 82.5M | 80.6M | 79.7M | 74.4M | 68.0M | 95.8M | |
Liabilities And Stockholders Equity | 13.9B | 13.2B | 13.5B | 14.1B | 16.4B | 17.2B | |
Non Current Liabilities Total | 5.7B | 5.2B | 5.1B | 5.2B | 6.0B | 6.3B | |
Inventory | 4.3B | 3.4B | 3.1B | 3.5B | 4.3B | 2.2B | |
Other Current Assets | 85M | 126.8M | 111.7M | 141.9M | 175.6M | 96.2M | |
Other Stockholder Equity | 338.6M | 335.4M | 67.2M | 26.8M | 30.8M | 29.3M | |
Total Liab | 11.1B | 9.9B | 9.4B | 9.9B | 11.6B | 12.2B | |
Total Current Assets | 5.3B | 4.4B | 4.1B | 4.7B | 5.7B | 2.9B | |
Short Term Debt | 4.1B | 3.2B | 2.6B | 3.1B | 297.6M | 282.7M | |
Intangible Assets | 2.5B | 2.5B | 2.8B | 690.9M | 748.2M | 1.3B | |
Property Plant And Equipment Gross | 4.7B | 4.8B | 4.9B | 4.9B | 6.2B | 6.5B | |
Accumulated Other Comprehensive Income | (202.8M) | (160.6M) | (168.8M) | (335.3M) | (264.1M) | (250.9M) | |
Common Stock | 2.8B | 3.3B | 4.1B | 7K | 8.1K | 7.6K | |
Other Liab | 1.1B | 1.3B | 1.3B | 1.3B | 1.5B | 1.6B | |
Other Assets | 19.5M | 1.5B | 1.7B | 1.7B | 1.0 | 0.95 | |
Long Term Debt | 2.3B | 1.6B | 1.4B | 1.5B | 1.4B | 1.3B | |
Property Plant Equipment | 2.4B | 2.4B | 4.9B | 2.5B | 2.9B | 3.0B | |
Good Will | 1.9B | 1.9B | 2.1B | 2.2B | 2.2B | 1.5B | |
Current Deferred Revenue | 701.9M | 767.2M | 870.3M | 291.7M | 280.2M | 409.2M | |
Net Tangible Assets | 330.2M | 810.7M | 1.3B | 1.3B | 1.5B | 1.6B | |
Noncontrolling Interest In Consolidated Entity | 18.2M | 23.6M | 25M | 26.8M | 30.8M | 24.7M | |
Retained Earnings Total Equity | 2.7B | 3.2B | 4.2B | 4.5B | 5.2B | 5.4B | |
Long Term Debt Total | 2.3B | 1.6B | 1.4B | 1.5B | 1.8B | 1.6B | |
Capital Surpluse | 532.3M | 477.8M | 320.4M | 311.8M | 42.2M | 0.0 | |
Deferred Long Term Liab | 677.9M | 873.1M | 1.1B | 1.1B | 1.3B | 1.4B |
Currently Active Assets on Macroaxis
When determining whether Penske Automotive is a strong investment it is important to analyze Penske Automotive'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 Penske Automotive's future performance. For an informed investment choice regarding Penske 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 Penske Automotive Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Penske Automotive information on this page should be used as a complementary analysis to other Penske Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Penske Stock analysis
When running Penske Automotive's price analysis, check to measure Penske Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Penske Automotive is operating at the current time. Most of Penske Automotive's value examination focuses on studying past and present price action to predict the probability of Penske Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penske Automotive's price. Additionally, you may evaluate how the addition of Penske Automotive to your portfolios can decrease your overall portfolio volatility.
CEOs Directory Screen CEOs from public companies around the world | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Is Penske Automotive's industry 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 Penske Automotive. If investors know Penske 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 Penske Automotive 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 (0.26) | Dividend Share 2.38 | Earnings Share 14.39 | Revenue Per Share 439.516 | Quarterly Revenue Growth 0.015 |
The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske Automotive'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 Penske Automotive's market value can be influenced by many factors that don't directly affect Penske Automotive'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 Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske Automotive'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.