Palo Net Receivables vs Non Current Liabilities Total Analysis

PANW Stock  USD 312.32  10.78  3.57%   
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 Net Receivables and its Non Current Liabilities Total 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.

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palo Alto Networks Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Palo Alto's Net Receivables and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total 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 Net Receivables and Non Current Liabilities Total 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 Receivables of Palo Alto Networks are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Palo Alto's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Non Current Liabilities Total

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Palo Alto Networks using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Palo Stock analysis

When running Palo Alto's price analysis, check to measure Palo Alto'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 Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Stocks Directory
Find actively traded stocks across global markets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
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
6.47
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.