PPG Total Current Liabilities vs Other Stockholder Equity Analysis

PPG Stock  USD 135.04  0.34  0.25%   
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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PPG Industries Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between PPG Industries' Total Current Liabilities and Other Stockholder Equity is -0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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' Total Current Liabilities and Other 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 Total Current Liabilities of PPG Industries are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., PPG Industries' Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on PPG Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PPG Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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 Profit6.5B6.6B7.5B4.6B
Total Revenue16.8B17.7B18.2B11.6B

PPG Industries fundamental ratios Correlations

0.120.180.830.630.790.030.730.440.940.090.390.85-0.810.850.910.31-0.740.930.740.110.88-0.10.630.490.63
0.120.510.20.50.110.980.420.230.13-0.140.020.31-0.34-0.020.28-0.23-0.340.050.230.220.1-0.40.20.380.2
0.180.510.190.530.270.480.290.220.110.360.120.1-0.130.10.16-0.07-0.130.140.170.39-0.06-0.71-0.070.53-0.07
0.830.20.190.540.550.10.660.540.86-0.030.670.94-0.90.540.910.52-0.670.740.930.310.810.050.480.190.48
0.630.50.530.540.70.410.920.510.670.010.150.56-0.720.480.62-0.01-0.820.550.440.240.62-0.440.540.80.55
0.790.110.270.550.70.060.710.240.85-0.180.090.54-0.570.780.67-0.06-0.690.790.40.290.72-0.380.60.760.6
0.030.980.480.10.410.060.310.030.05-0.15-0.130.21-0.21-0.080.2-0.27-0.25-0.040.10.170.03-0.410.120.360.12
0.730.420.290.660.920.710.310.540.79-0.120.160.65-0.870.60.70.09-0.980.690.480.360.79-0.340.730.660.74
0.440.230.220.540.510.240.030.540.390.030.740.55-0.660.30.40.17-0.50.410.610.280.36-0.040.410.160.41
0.940.130.110.860.670.850.050.790.39-0.090.350.84-0.850.770.90.31-0.820.890.710.250.95-0.110.710.490.71
0.09-0.140.36-0.030.01-0.18-0.15-0.120.03-0.090.070.010.130.130.030.410.190.10.05-0.28-0.04-0.23-0.160.09-0.16
0.390.020.120.670.150.09-0.130.160.740.350.070.61-0.530.110.480.55-0.160.290.820.210.310.20.09-0.210.09
0.850.310.10.940.560.540.210.650.550.840.010.61-0.90.620.960.44-0.660.790.940.110.830.110.480.270.48
-0.81-0.34-0.13-0.9-0.72-0.57-0.21-0.87-0.66-0.850.13-0.53-0.9-0.57-0.87-0.370.88-0.74-0.82-0.31-0.850.01-0.63-0.33-0.63
0.85-0.020.10.540.480.78-0.080.60.30.770.130.110.62-0.570.690.05-0.630.970.440.150.73-0.250.560.580.55
0.910.280.160.910.620.670.20.70.40.90.030.480.96-0.870.690.44-0.70.840.880.090.890.010.490.420.49
0.31-0.23-0.070.52-0.01-0.06-0.270.090.170.310.410.550.44-0.370.050.44-0.120.20.550.020.440.180.06-0.280.05
-0.74-0.34-0.13-0.67-0.82-0.69-0.25-0.98-0.5-0.820.19-0.16-0.660.88-0.63-0.7-0.12-0.71-0.47-0.38-0.840.28-0.81-0.55-0.82
0.930.050.140.740.550.79-0.040.690.410.890.10.290.79-0.740.970.840.2-0.710.640.220.83-0.190.590.520.59
0.740.230.170.930.440.40.10.480.610.710.050.820.94-0.820.440.880.55-0.470.640.120.670.180.260.10.26
0.110.220.390.310.240.290.170.360.280.25-0.280.210.11-0.310.150.090.02-0.380.220.120.17-0.60.30.120.31
0.880.1-0.060.810.620.720.030.790.360.95-0.040.310.83-0.850.730.890.44-0.840.830.670.17-0.050.750.410.75
-0.1-0.4-0.710.05-0.44-0.38-0.41-0.34-0.04-0.11-0.230.20.110.01-0.250.010.180.28-0.190.18-0.6-0.05-0.26-0.58-0.27
0.630.2-0.070.480.540.60.120.730.410.71-0.160.090.48-0.630.560.490.06-0.810.590.260.30.75-0.260.371.0
0.490.380.530.190.80.760.360.660.160.490.09-0.210.27-0.330.580.42-0.28-0.550.520.10.120.41-0.580.370.38
0.630.2-0.070.480.550.60.120.740.410.71-0.160.090.48-0.630.550.490.05-0.820.590.260.310.75-0.271.00.38
Click cells to compare fundamentals

PPG Industries Account Relationship Matchups

PPG Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B19.6B21.4B20.7B21.6B11.7B
Short Long Term Debt Total5.2B180M192M7.6B6.9B7.2B
Other Current Liab196M1.0B374M1.3B1.8B1.9B
Total Current Liabilities4.4B4.8B4.7B4.7B5.1B3.2B
Total Stockholder Equity5.3B5.7B6.3B6.6B7.8B8.2B
Property Plant And Equipment Net3.8B4.0B4.3B4.2B4.5B3.3B
Net Debt4.0B(1.6B)(813M)6.5B5.4B5.6B
Retained Earnings18.9B19.5B20.4B20.8B21.5B22.6B
Cash1.2B1.8B1.0B1.1B1.5B1.6B
Non Current Assets Total11.5B12.8B14.6B13.6B14.2B7.5B
Non Currrent Assets Other(10.8B)685M742M583M584M295.5M
Cash And Short Term Investments1.3B1.9B1.1B1.2B1.6B834.9M
Net Receivables2.8B2.7B3.2B3.3B3.3B2.2B
Common Stock Shares Outstanding238.2M237.9M239.4M237.3M237.2M277.3M
Liabilities And Stockholders Equity14.3B19.6B21.4B20.7B21.6B11.5B
Non Current Liabilities Total4.5B8.9B10.2B9.3B8.6B4.3B
Inventory1.7B1.7B2.2B2.3B2.1B1.4B
Other Current Assets431M5.1B4.6B4.9B436M414.2M
Other Stockholder Equity(12.2B)(12.2B)(12.3B)(12.4B)(12.4B)(11.8B)
Total Liab8.9B13.7B14.9B14.0B13.6B7.5B
Total Current Assets6.2B6.8B6.7B7.2B7.4B4.8B
Short Term Debt683M758M201M496M500M523.9M
Accounts Payable2.4B2.6B3.1B2.9B2.6B1.7B
Current Deferred Revenue1.1B440M1.1B128M147.2M139.8M
Property Plant And Equipment Gross3.8B4.0B8.9B8.8B9.4B9.9B
Accumulated Other Comprehensive Income(2.4B)(2.6B)(2.8B)(2.8B)(2.2B)(2.1B)
Good Will4.5B5.1B6.2B6.1B6.2B3.2B
Intangible Assets2.1B2.4B2.8B2.4B2.4B1.8B
Other Liab2.5B2.8B3.1B2.2B2.5B2.9B
Other Assets(3.4B)997M34M544M489.6M514.1M
Long Term Debt4.5B5.2B6.6B6.5B5.7B3.7B
Treasury Stock(13.2B)(13.2B)(13.4B)(13.5B)(12.2B)(11.6B)
Property Plant Equipment3.0B3.1B3.4B3.3B3.8B3.1B
Short Term Investments61M57M96M67M75M71.3M
Net Tangible Assets(1.3B)(1.8B)(2.8B)(1.9B)(1.7B)(1.6B)
Noncontrolling Interest In Consolidated Entity119M126M125M117M105.3M117.0M
Retained Earnings Total Equity18.9B19.5B20.4B20.8B24.0B16.5B

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

    
  230.47  
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:
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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
5.93
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.