Penske Net Invested Capital vs Total Assets 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 Net Invested Capital and its Total Assets 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.
Net Invested Capital vs Total Assets
Net Invested Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Penske Automotive Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Penske Automotive's Net Invested Capital and Total Assets is 0.29. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets 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 Net Invested Capital 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 Net Invested Capital of Penske Automotive Group 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 Net Invested Capital i.e., Penske Automotive's Net Invested Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Assets
Total assets refers to the total amount of Penske Automotive 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 Penske Automotive 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 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 |
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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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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.
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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.