PNC Net Tangible Assets vs Good Will Analysis

PNC Stock  USD 160.35  0.54  0.34%   
PNC Financial financial indicator trend analysis is much more than just breaking down PNC Financial Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Financial Services is a good investment. Please check the relationship between PNC Financial Net Tangible Assets and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. 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.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PNC Financial Services Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between PNC Financial's Net Tangible Assets and Good Will is 0.73. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of PNC Financial Services, assuming nothing else is changed. The correlation between historical values of PNC Financial's Net Tangible Assets and Good Will 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 Tangible Assets of PNC Financial Services are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., PNC Financial's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from PNC Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Financial Services 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 PNC Financial Services. 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.
At present, PNC Financial's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 5.76, whereas Discontinued Operations is forecasted to decline to about 4.1 B.
 2021 2022 2023 2024 (projected)
EBIT6.9B9.5B18.5B19.5B
Operating Income6.9B9.5B18.7B19.7B

PNC Financial fundamental ratios Correlations

0.260.380.56-0.160.610.240.250.110.01-0.04-0.140.240.21-0.010.560.50.16-0.260.90.750.34-0.060.240.70.41
0.260.70.310.620.880.57-0.250.970.720.44-0.370.680.550.39-0.63-0.030.540.450.60.69-0.310.180.580.80.28
0.380.70.09-0.050.70.860.410.710.2-0.05-0.530.88-0.050.28-0.320.33-0.120.290.550.67-0.13-0.40.850.6-0.19
0.560.310.090.380.42-0.1-0.090.180.170.30.160.040.450.340.230.390.38-0.320.560.37-0.070.31-0.080.560.54
-0.160.62-0.050.380.350.01-0.630.590.650.750.17-0.020.770.57-0.63-0.160.810.220.160.17-0.330.57-0.170.440.45
0.610.880.70.420.350.44-0.190.820.670.36-0.340.590.560.14-0.270.10.520.150.850.83-0.240.10.640.880.51
0.240.570.86-0.10.010.440.570.58-0.07-0.01-0.370.73-0.160.49-0.340.42-0.160.370.390.510.12-0.370.610.47-0.38
0.25-0.250.41-0.09-0.63-0.190.57-0.24-0.81-0.42-0.010.26-0.730.160.350.66-0.75-0.160.080.090.37-0.560.23-0.05-0.55
0.110.970.710.180.590.820.58-0.240.720.48-0.360.670.480.39-0.75-0.070.480.440.490.61-0.440.110.640.70.22
0.010.720.20.170.650.67-0.07-0.810.720.44-0.30.260.770.02-0.56-0.470.750.310.310.36-0.490.340.290.460.5
-0.040.44-0.050.30.750.36-0.01-0.420.480.440.58-0.30.670.48-0.490.130.75-0.210.240.14-0.40.42-0.120.410.65
-0.14-0.37-0.530.160.17-0.34-0.37-0.01-0.36-0.30.58-0.780.130.160.150.310.2-0.64-0.19-0.39-0.020.36-0.54-0.190.42
0.240.680.880.04-0.020.590.730.260.670.26-0.3-0.78-0.140.1-0.34-0.04-0.190.630.390.59-0.03-0.250.790.47-0.34
0.210.55-0.050.450.770.56-0.16-0.730.480.770.670.13-0.140.3-0.28-0.050.98-0.130.440.33-0.350.5-0.10.560.79
-0.010.390.280.340.570.140.490.160.390.020.480.160.10.3-0.380.570.29-0.050.190.17-0.1-0.13-0.090.37-0.06
0.56-0.63-0.320.23-0.63-0.27-0.340.35-0.75-0.56-0.490.15-0.34-0.28-0.380.34-0.33-0.510.16-0.030.58-0.14-0.33-0.140.07
0.5-0.030.330.39-0.160.10.420.66-0.07-0.470.130.31-0.04-0.050.570.34-0.11-0.620.420.250.14-0.40.010.320.03
0.160.54-0.120.380.810.52-0.16-0.750.480.750.750.2-0.190.980.29-0.33-0.11-0.060.410.31-0.310.56-0.160.540.79
-0.260.450.29-0.320.220.150.37-0.160.440.31-0.21-0.640.63-0.13-0.05-0.51-0.62-0.06-0.110.160.160.110.330.06-0.44
0.90.60.550.560.160.850.390.080.490.310.24-0.190.390.440.190.160.420.41-0.110.920.060.030.410.930.52
0.750.690.670.370.170.830.510.090.610.360.14-0.390.590.330.17-0.030.250.310.160.920.01-0.010.540.930.31
0.34-0.31-0.13-0.07-0.33-0.240.120.37-0.44-0.49-0.4-0.02-0.03-0.35-0.10.580.14-0.310.160.060.01-0.11-0.22-0.08-0.31
-0.060.18-0.40.310.570.1-0.37-0.560.110.340.420.36-0.250.5-0.13-0.14-0.40.560.110.03-0.01-0.11-0.210.160.6
0.240.580.85-0.08-0.170.640.610.230.640.29-0.12-0.540.79-0.1-0.09-0.330.01-0.160.330.410.54-0.22-0.210.41-0.11
0.70.80.60.560.440.880.47-0.050.70.460.41-0.190.470.560.37-0.140.320.540.060.930.93-0.080.160.410.5
0.410.28-0.190.540.450.51-0.38-0.550.220.50.650.42-0.340.79-0.060.070.030.79-0.440.520.31-0.310.6-0.110.5
Click cells to compare fundamentals

PNC Financial Account Relationship Matchups

PNC Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding448M427M426M412M401M377.5M
Total Assets410.3B466.7B558.4B557.3B561.6B589.7B
Short Long Term Debt Total60.3B37.2B30.8B58.7B72.7B76.4B
Other Current Liab(318M)172.4B347.7B330.7B75.0B135.9B
Total Current Liabilities318M182.0B356.7B336.8B101.3B63.3B
Total Stockholder Equity49.3B54.0B55.7B45.8B51.1B53.7B
Property Plant And Equipment Net9.7B1.9B1.9B10.6B10.3B10.8B
Net Debt31.8B(55.0B)(51.5B)24.4B22.0B14.5B
Retained Earnings42.2B46.8B50.2B53.6B56.3B59.1B
Cash28.5B92.2B82.3B34.4B50.7B53.3B
Non Current Assets Total111.4B105.3B155.8B150.3B10.9B10.4B
Non Currrent Assets Other(11.9B)(105.3B)(2.8B)(28.2B)(159.9B)(151.9B)
Other Assets194.1B175.4B182.8B260.6B501.9B527.0B
Cash And Short Term Investments97.6B179.5B213.8B146.4B48.7B48.4B
Liabilities And Stockholders Equity410.3B466.7B558.4B557.3B561.6B589.7B
Non Current Liabilities Total60.3B37.2B30.8B511.5B72.7B43.1B
Other Stockholder Equity(405M)(1.8B)(2.7B)(6.1B)(6.4B)(6.1B)
Total Liab361.0B37.2B30.8B511.5B72.7B69.1B
Total Current Assets104.8B186.0B219.8B146.4B48.7B43.7B
Short Term Debt318M9.6B9.0B6.1B26.3B27.6B
Accumulated Other Comprehensive Income799M2.8B409M(10.2B)(7.7B)(7.3B)
Common Stock2.7B2.7B2.7B2.7B2.7B2.1B
Common Stock Total Equity2.7B2.7B2.7B2.7B3.1B2.6B
Other Liab2.9B584M662M3.2B2.9B4.6B
Accounts Payable11.8B9.5B457.3B15.8B18.1B17.2B
Long Term Debt60.3B37.2B30.8B26.6B72.7B76.4B
Short Term Investments69.2B87.4B131.5B44.2B10.7B10.2B
Inventory(31.8B)(94.7B)(85.2B)(44.4B)(57.2B)(54.3B)
Treasury Stock(12.8B)(14.2B)(15.1B)(18.7B)(16.8B)(16.0B)
Intangible Assets1.6B1.2B1.8B3.4B3.7B2.1B
Property Plant Equipment2B1.9B1.9B10.6B12.2B12.8B
Net Receivables7.2B6.4B6.0B6.4B6.5B7.0B
Noncontrolling Interest In Consolidated Entity42M29M31M38M34.2M32.5M
Retained Earnings Total Equity42.2B46.8B50.2B53.6B61.6B35.1B
Net Tangible Assets40.1B44.8B44.8B34.8B40.0B37.9B
Long Term Debt Total43.9B33.7B30.8B26.6B30.6B33.3B
Capital Surpluse16.4B15.9B17.5B18.4B21.1B17.9B

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When determining whether PNC Financial Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PNC Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pnc Financial Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pnc Financial Services Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. 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.
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Is PNC Financial'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 PNC Financial. If investors know PNC 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 PNC Financial 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
(0.22)
Dividend Share
6.15
Earnings Share
11.91
Revenue Per Share
50.83
Quarterly Revenue Growth
(0.07)
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial'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 PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial'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 PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial'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.