PPG Interest Expense vs Other Operating Expenses Analysis

PPG Stock

USD 130.94 0.78 0.60%

PPG Industries financial indicator trend analysis is much more than just breaking down PPG Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PPG Industries is a good investment. Please check the relationship between PPG Industries Interest Expense and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

Interest Expense vs Other Operating Expenses

Interest Expense vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PPG Industries Interest Expense account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between PPG Industries' Interest Expense and Other Operating Expenses is 0.5. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of PPG Industries, assuming nothing else is changed. The correlation between historical values of PPG Industries' Interest Expense and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of PPG Industries are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Expense i.e., PPG Industries' Interest Expense and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PPG Industries. It is also known as PPG Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from PPG Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PPG Industries 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 PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.At this time, PPG Industries' Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	6.5B	6.6B	7.5B	4.6B
Total Revenue	16.8B	17.7B	18.2B	11.6B

Gross Profit Total Revenue

PPG Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.12	0.18	0.83	0.63	0.79	0.03	0.73	0.44	0.94	0.09	0.39	0.85	-0.81	0.85	0.91	0.31	-0.74	0.93	0.74	0.11	0.88	-0.1	0.63	0.49	0.63
Short Long Term Debt Total	0.12		0.51	0.2	0.5	0.11	0.98	0.42	0.23	0.13	-0.14	0.02	0.31	-0.34	-0.02	0.28	-0.23	-0.34	0.05	0.23	0.22	0.1	-0.4	0.2	0.38	0.2
Other Current Liab	0.18	0.51		0.19	0.53	0.27	0.48	0.29	0.22	0.11	0.36	0.12	0.1	-0.13	0.1	0.16	-0.07	-0.13	0.14	0.17	0.39	-0.06	-0.71	-0.07	0.53	-0.07
Total Current Liabilities	0.83	0.2	0.19		0.54	0.55	0.1	0.66	0.54	0.86	-0.03	0.67	0.94	-0.9	0.54	0.91	0.52	-0.67	0.74	0.93	0.31	0.81	0.05	0.48	0.19	0.48
Total Stockholder Equity	0.63	0.5	0.53	0.54		0.7	0.41	0.92	0.51	0.67	0.01	0.15	0.56	-0.72	0.48	0.62	-0.01	-0.82	0.55	0.44	0.24	0.62	-0.44	0.54	0.8	0.55
Property Plant And Equipment Net	0.79	0.11	0.27	0.55	0.7		0.06	0.71	0.24	0.85	-0.18	0.09	0.54	-0.57	0.78	0.67	-0.06	-0.69	0.79	0.4	0.29	0.72	-0.38	0.6	0.76	0.6
Net Debt	0.03	0.98	0.48	0.1	0.41	0.06		0.31	0.03	0.05	-0.15	-0.13	0.21	-0.21	-0.08	0.2	-0.27	-0.25	-0.04	0.1	0.17	0.03	-0.41	0.12	0.36	0.12
Retained Earnings	0.73	0.42	0.29	0.66	0.92	0.71	0.31		0.54	0.79	-0.12	0.16	0.65	-0.87	0.6	0.7	0.09	-0.98	0.69	0.48	0.36	0.79	-0.34	0.73	0.66	0.74
Cash	0.44	0.23	0.22	0.54	0.51	0.24	0.03	0.54		0.39	0.03	0.74	0.55	-0.66	0.3	0.4	0.17	-0.5	0.41	0.61	0.28	0.36	-0.04	0.41	0.16	0.41
Non Current Assets Total	0.94	0.13	0.11	0.86	0.67	0.85	0.05	0.79	0.39		-0.09	0.35	0.84	-0.85	0.77	0.9	0.31	-0.82	0.89	0.71	0.25	0.95	-0.11	0.71	0.49	0.71
Non Currrent Assets Other	0.09	-0.14	0.36	-0.03	0.01	-0.18	-0.15	-0.12	0.03	-0.09		0.07	0.01	0.13	0.13	0.03	0.41	0.19	0.1	0.05	-0.28	-0.04	-0.23	-0.16	0.09	-0.16
Cash And Short Term Investments	0.39	0.02	0.12	0.67	0.15	0.09	-0.13	0.16	0.74	0.35	0.07		0.61	-0.53	0.11	0.48	0.55	-0.16	0.29	0.82	0.21	0.31	0.2	0.09	-0.21	0.09
Net Receivables	0.85	0.31	0.1	0.94	0.56	0.54	0.21	0.65	0.55	0.84	0.01	0.61		-0.9	0.62	0.96	0.44	-0.66	0.79	0.94	0.11	0.83	0.11	0.48	0.27	0.48
Common Stock Shares Outstanding	-0.81	-0.34	-0.13	-0.9	-0.72	-0.57	-0.21	-0.87	-0.66	-0.85	0.13	-0.53	-0.9		-0.57	-0.87	-0.37	0.88	-0.74	-0.82	-0.31	-0.85	0.01	-0.63	-0.33	-0.63
Non Current Liabilities Total	0.85	-0.02	0.1	0.54	0.48	0.78	-0.08	0.6	0.3	0.77	0.13	0.11	0.62	-0.57		0.69	0.05	-0.63	0.97	0.44	0.15	0.73	-0.25	0.56	0.58	0.55
Inventory	0.91	0.28	0.16	0.91	0.62	0.67	0.2	0.7	0.4	0.9	0.03	0.48	0.96	-0.87	0.69		0.44	-0.7	0.84	0.88	0.09	0.89	0.01	0.49	0.42	0.49
Other Current Assets	0.31	-0.23	-0.07	0.52	-0.01	-0.06	-0.27	0.09	0.17	0.31	0.41	0.55	0.44	-0.37	0.05	0.44		-0.12	0.2	0.55	0.02	0.44	0.18	0.06	-0.28	0.05
Other Stockholder Equity	-0.74	-0.34	-0.13	-0.67	-0.82	-0.69	-0.25	-0.98	-0.5	-0.82	0.19	-0.16	-0.66	0.88	-0.63	-0.7	-0.12		-0.71	-0.47	-0.38	-0.84	0.28	-0.81	-0.55	-0.82
Total Liab	0.93	0.05	0.14	0.74	0.55	0.79	-0.04	0.69	0.41	0.89	0.1	0.29	0.79	-0.74	0.97	0.84	0.2	-0.71		0.64	0.22	0.83	-0.19	0.59	0.52	0.59
Total Current Assets	0.74	0.23	0.17	0.93	0.44	0.4	0.1	0.48	0.61	0.71	0.05	0.82	0.94	-0.82	0.44	0.88	0.55	-0.47	0.64		0.12	0.67	0.18	0.26	0.1	0.26
Short Term Debt	0.11	0.22	0.39	0.31	0.24	0.29	0.17	0.36	0.28	0.25	-0.28	0.21	0.11	-0.31	0.15	0.09	0.02	-0.38	0.22	0.12		0.17	-0.6	0.3	0.12	0.31
Accounts Payable	0.88	0.1	-0.06	0.81	0.62	0.72	0.03	0.79	0.36	0.95	-0.04	0.31	0.83	-0.85	0.73	0.89	0.44	-0.84	0.83	0.67	0.17		-0.05	0.75	0.41	0.75
Current Deferred Revenue	-0.1	-0.4	-0.71	0.05	-0.44	-0.38	-0.41	-0.34	-0.04	-0.11	-0.23	0.2	0.11	0.01	-0.25	0.01	0.18	0.28	-0.19	0.18	-0.6	-0.05		-0.26	-0.58	-0.27
Common Stock Total Equity	0.63	0.2	-0.07	0.48	0.54	0.6	0.12	0.73	0.41	0.71	-0.16	0.09	0.48	-0.63	0.56	0.49	0.06	-0.81	0.59	0.26	0.3	0.75	-0.26		0.37	1.0
Property Plant And Equipment Gross	0.49	0.38	0.53	0.19	0.8	0.76	0.36	0.66	0.16	0.49	0.09	-0.21	0.27	-0.33	0.58	0.42	-0.28	-0.55	0.52	0.1	0.12	0.41	-0.58	0.37		0.38
Common Stock	0.63	0.2	-0.07	0.48	0.55	0.6	0.12	0.74	0.41	0.71	-0.16	0.09	0.48	-0.63	0.55	0.49	0.05	-0.82	0.59	0.26	0.31	0.75	-0.27	1.0	0.38

Click cells to compare fundamentals

PPG Industries Account Relationship Matchups

PPG Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.3B	19.6B	21.4B	20.7B	21.6B	11.7B
Short Long Term Debt Total	5.2B	180M	192M	7.6B	6.9B	7.2B
Other Current Liab	196M	1.0B	374M	1.3B	1.8B	1.9B
Total Current Liabilities	4.4B	4.8B	4.7B	4.7B	5.1B	3.2B
Total Stockholder Equity	5.3B	5.7B	6.3B	6.6B	7.8B	8.2B
Property Plant And Equipment Net	3.8B	4.0B	4.3B	4.2B	4.5B	3.3B
Net Debt	4.0B	(1.6B)	(813M)	6.5B	5.4B	5.6B
Retained Earnings	18.9B	19.5B	20.4B	20.8B	21.5B	22.6B
Cash	1.2B	1.8B	1.0B	1.1B	1.5B	1.6B
Non Current Assets Total	11.5B	12.8B	14.6B	13.6B	14.2B	7.5B
Non Currrent Assets Other	(10.8B)	685M	742M	583M	584M	295.5M
Cash And Short Term Investments	1.3B	1.9B	1.1B	1.2B	1.6B	834.9M
Net Receivables	2.8B	2.7B	3.2B	3.3B	3.3B	2.2B
Common Stock Shares Outstanding	238.2M	237.9M	239.4M	237.3M	237.2M	277.3M
Liabilities And Stockholders Equity	14.3B	19.6B	21.4B	20.7B	21.6B	11.5B
Non Current Liabilities Total	4.5B	8.9B	10.2B	9.3B	8.6B	4.3B
Inventory	1.7B	1.7B	2.2B	2.3B	2.1B	1.4B
Other Current Assets	431M	5.1B	4.6B	4.9B	436M	414.2M
Other Stockholder Equity	(12.2B)	(12.2B)	(12.3B)	(12.4B)	(12.4B)	(11.8B)
Total Liab	8.9B	13.7B	14.9B	14.0B	13.6B	7.5B
Total Current Assets	6.2B	6.8B	6.7B	7.2B	7.4B	4.8B
Short Term Debt	683M	758M	201M	496M	500M	523.9M
Accounts Payable	2.4B	2.6B	3.1B	2.9B	2.6B	1.7B
Current Deferred Revenue	1.1B	440M	1.1B	128M	147.2M	139.8M
Property Plant And Equipment Gross	3.8B	4.0B	8.9B	8.8B	9.4B	9.9B
Accumulated Other Comprehensive Income	(2.4B)	(2.6B)	(2.8B)	(2.8B)	(2.2B)	(2.1B)
Good Will	4.5B	5.1B	6.2B	6.1B	6.2B	3.2B
Intangible Assets	2.1B	2.4B	2.8B	2.4B	2.4B	1.8B
Other Liab	2.5B	2.8B	3.1B	2.2B	2.5B	2.9B
Other Assets	(3.4B)	997M	34M	544M	489.6M	514.1M
Long Term Debt	4.5B	5.2B	6.6B	6.5B	5.7B	3.7B
Treasury Stock	(13.2B)	(13.2B)	(13.4B)	(13.5B)	(12.2B)	(11.6B)
Property Plant Equipment	3.0B	3.1B	3.4B	3.3B	3.8B	3.1B
Short Term Investments	61M	57M	96M	67M	75M	71.3M
Net Tangible Assets	(1.3B)	(1.8B)	(2.8B)	(1.9B)	(1.7B)	(1.6B)
Noncontrolling Interest In Consolidated Entity	119M	126M	125M	117M	105.3M	117.0M
Retained Earnings Total Equity	18.9B	19.5B	20.4B	20.8B	24.0B	16.5B

PPG Industries Investors Sentiment

The influence of PPG Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in PPG. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to PPG Industries' public news can be used to forecast risks associated with an investment in PPG. The trend in average sentiment can be used to explain how an investor holding PPG can time the market purely based on public headlines and social activities around PPG Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

PPG Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PPG Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average PPG Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on PPG Industries.

PPG Industries Implied Volatility

20.21

PPG Industries' implied volatility exposes the market's sentiment of PPG Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if PPG Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that PPG Industries stock will not fluctuate a lot when PPG Industries' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PPG Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PPG Industries' short interest history, or implied volatility extrapolated from PPG Industries options trading.

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When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' 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 PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:

How To Invest In PPG

Details

Is PPG Stock a good investment?

Details

What is PPG Industries' Net Worth?

Details

Largest Specialty Chemicals Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for PPG Stock analysis

When running PPG Industries' price analysis, check to measure PPG Industries' 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 PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.

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Is PPG Industries' 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 PPG Industries. If investors know PPG 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 PPG Industries 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

0.523

Dividend Share

2.57

Earnings Share

5.94

Revenue Per Share

77.038

Quarterly Revenue Growth

(0.02)

The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.

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PPG Interest Expense vs Other Operating Expenses Analysis

Interest Expense vs Other Operating Expenses

Interest Expense vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Interest Expense

Other Operating Expenses

PPG Industries fundamental ratios Correlations

PPG Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PPG Industries fundamental ratios Accounts

PPG Industries Investors Sentiment

PPG Industries Implied Volatility

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.97	Non Current Liabilities Total
Inventory	+ 0.96	Net Receivables
Accounts Payable	+ 0.95	Non Current Assets Total
Non Current Assets Total	+ 0.94	Total Assets

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Net Receivables
Common Stock Shares Outstanding	- 0.9	Total Current Liabilities
Inventory	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.87	Retained Earnings
Accounts Payable	- 0.85	Common Stock Shares Outstanding