Palo Other Current Assets vs Total Stockholder Equity Analysis

PANW Stock  USD 301.20  3.73  1.25%   
Palo Alto financial indicator trend analysis is much more than just breaking down Palo Alto Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palo Alto Networks is a good investment. Please check the relationship between Palo Alto Other Current Assets and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palo Alto Networks Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Palo Alto's Other Current Assets and Total Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Palo Alto Networks, assuming nothing else is changed. The correlation between historical values of Palo Alto's Other Current Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Palo Alto Networks are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Palo Alto's Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Palo Alto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palo Alto Networks 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 Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 540.6 M in 2024. Tax Provision is likely to climb to about 152.9 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense27.4M27.2M31.3M36.4M
Depreciation And Amortization9M206.2M237.1M249.0M

Palo Alto fundamental ratios Correlations

0.730.70.670.670.690.730.70.57-0.750.70.530.690.550.670.710.660.770.740.490.71-0.140.720.670.10.75
0.730.990.970.790.990.970.990.85-0.80.970.540.990.640.980.690.970.920.960.790.95-0.421.00.720.20.98
0.70.990.980.740.980.970.990.9-0.820.960.510.990.660.990.660.970.890.940.770.96-0.431.00.730.220.96
0.670.970.980.660.980.920.980.89-0.770.970.440.970.650.980.60.980.830.870.790.94-0.380.980.660.190.93
0.670.790.740.660.790.720.780.44-0.490.770.30.790.220.750.480.750.870.80.80.61-0.30.740.38-0.010.75
0.690.990.980.980.790.931.00.82-0.710.980.40.990.550.990.570.990.890.910.870.9-0.410.980.610.180.94
0.730.970.970.920.720.930.940.85-0.870.910.670.940.730.930.780.90.910.980.670.96-0.460.980.840.220.98
0.70.990.990.980.781.00.940.84-0.740.980.431.00.581.00.590.990.890.920.860.92-0.410.990.640.180.94
0.570.850.90.890.440.820.850.84-0.80.80.390.850.750.860.560.810.680.780.530.9-0.280.870.750.280.81
-0.75-0.8-0.82-0.77-0.49-0.71-0.87-0.74-0.8-0.73-0.76-0.74-0.82-0.73-0.88-0.67-0.8-0.83-0.32-0.920.37-0.82-0.92-0.14-0.87
0.70.970.960.970.770.980.910.980.8-0.730.440.960.640.960.630.970.890.890.810.91-0.450.970.630.170.95
0.530.540.510.440.30.40.670.430.39-0.760.440.420.720.40.920.350.570.680.030.65-0.340.550.860.160.68
0.690.990.990.970.790.990.941.00.85-0.740.960.420.561.00.580.990.890.930.860.91-0.390.980.640.190.93
0.550.640.660.650.220.550.730.580.75-0.820.640.720.560.560.830.530.560.660.110.81-0.360.680.890.230.74
0.670.980.990.980.750.990.931.00.86-0.730.960.41.00.560.560.990.860.910.860.91-0.390.980.620.20.93
0.710.690.660.60.480.570.780.590.56-0.880.630.920.580.830.560.510.750.790.170.8-0.410.690.920.190.81
0.660.970.970.980.750.990.90.990.81-0.670.970.350.990.530.990.510.840.880.890.88-0.390.970.570.170.91
0.770.920.890.830.870.890.910.890.68-0.80.890.570.890.560.860.750.840.940.690.87-0.570.90.710.180.93
0.740.960.940.870.80.910.980.920.78-0.830.890.680.930.660.910.790.880.940.690.92-0.460.950.810.230.97
0.490.790.770.790.80.870.670.860.53-0.320.810.030.860.110.860.170.890.690.690.58-0.270.770.190.10.68
0.710.950.960.940.610.90.960.920.9-0.920.910.650.910.810.910.80.880.870.920.58-0.430.960.850.220.97
-0.14-0.42-0.43-0.38-0.3-0.41-0.46-0.41-0.280.37-0.45-0.34-0.39-0.36-0.39-0.41-0.39-0.57-0.46-0.27-0.43-0.43-0.41-0.4-0.45
0.721.01.00.980.740.980.980.990.87-0.820.970.550.980.680.980.690.970.90.950.770.96-0.430.740.210.98
0.670.720.730.660.380.610.840.640.75-0.920.630.860.640.890.620.920.570.710.810.190.85-0.410.740.230.81
0.10.20.220.19-0.010.180.220.180.28-0.140.170.160.190.230.20.190.170.180.230.10.22-0.40.210.230.2
0.750.980.960.930.750.940.980.940.81-0.870.950.680.930.740.930.810.910.930.970.680.97-0.450.980.810.2
Click cells to compare fundamentals

Palo Alto Account Relationship Matchups

Palo Alto fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding290.7M289.2M295.5M342.3M393.6M261.5M
Total Assets9.1B10.2B12.3B14.5B16.7B17.5B
Other Current Liab521.1M760M860.3M939.1M1.1B1.1B
Total Current Liabilities2.7B5.1B8.3B7.7B8.9B9.3B
Total Stockholder Equity1.1B763.6M210M1.7B2.0B2.1B
Other Liab1.9B2.5B3.5B4.7B5.4B5.7B
Property Plant And Equipment Net606.8M581.3M599.8M617.8M710.5M746.0M
Current Deferred Revenue2.0B2.7B3.6B4.7B5.4B5.6B
Net Debt462.7M1.7B1.8B1.1B1.3B1.4B
Retained Earnings(1.2B)(1.7B)(1.7B)(1.2B)(1.1B)(1.2B)
Accounts Payable63.6M56.9M128M132.3M152.1M159.8M
Cash3.0B1.9B2.1B1.1B1.3B1.2B
Non Current Assets Total3.9B5.6B5.8B8.5B9.7B10.2B
Non Currrent Assets Other603.9M421.4M1.1B344.8M396.5M270.5M
Other Assets513.8M916M1.1B1.4B1.6B1.7B
Cash And Short Term Investments3.7B2.9B3.6B2.4B2.7B1.9B
Net Receivables1.0B1.2B2.1B2.9B3.3B3.4B
Common Stock Total Equity2.3B2.3B1.9B3.0B3.5B3.6B
Liabilities And Stockholders Equity9.1B10.2B12.3B14.5B16.7B17.5B
Non Current Liabilities Total5.3B4.4B3.7B5.0B5.8B6.1B
Other Current Assets344.3M505.8M637.9M466.8M536.8M563.7M
Other Stockholder Equity(500K)129.1M(55.6M)(43.2M)(38.9M)(36.9M)
Total Liab8.0B9.5B12.0B12.8B14.7B15.4B
Property Plant And Equipment Gross606.8M581.3M599.8M354.5M407.7M252.9M
Total Current Assets5.1B4.6B6.4B6.0B7.0B7.3B
Accumulated Other Comprehensive Income10.5M(9.9M)(55.6M)(43.2M)(38.9M)(36.9M)
Common Stock2.3B2.3B1.9B3.0B3.5B3.6B
Property Plant Equipment606.8M581.3M599.8M354.5M407.7M252.9M
Intangible Assets358.2M498.6M384.5M315.4M362.7M199.7M
Net Tangible Assets(1.2B)(2.6B)(2.9B)1.7B1.6B1.7B
Long Term Debt1.4B1.4B3.1B1.7B1.9B1.1B
Good Will1.8B2.7B2.7B2.9B3.4B3.5B
Retained Earnings Total Equity(1.2B)(1.7B)(1.7B)(1.2B)(1.1B)(1.2B)
Short Term Investments789.8M1.0B1.5B1.3B1.4B914.8M

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When determining whether Palo Alto Networks is a strong investment it is important to analyze Palo Alto'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 Palo Alto's future performance. For an informed investment choice regarding Palo 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 Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Palo Alto'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 Palo Alto. If investors know Palo 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 Palo Alto 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
18.56
Earnings Share
6.46
Revenue Per Share
24.27
Quarterly Revenue Growth
0.193
Return On Assets
0.0309
The market value of Palo Alto Networks is measured differently than its book value, which is the value of Palo that is recorded on the company's balance sheet. Investors also form their own opinion of Palo Alto's value that differs from its market value or its book value, called intrinsic value, which is Palo Alto'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 Palo Alto's market value can be influenced by many factors that don't directly affect Palo Alto'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 Palo Alto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palo Alto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palo Alto'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.