PACCAR Cash vs Short Term Investments Analysis
PCAR Stock | USD 112.62 1.12 0.98% |
PACCAR financial indicator trend analysis is much more than just breaking down PACCAR Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PACCAR Inc is a good investment. Please check the relationship between PACCAR Cash and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACCAR Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Cash vs Short Term Investments
Cash vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PACCAR Inc Cash account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between PACCAR's Cash and Short Term Investments is 0.39. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of PACCAR Inc, assuming nothing else is changed. The correlation between historical values of PACCAR's Cash and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of PACCAR Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash i.e., PACCAR's Cash and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of PACCAR Inc, which is listed under current asset account on PACCAR Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from PACCAR customers. The amounts must be unrestricted with restricted cash listed in a different PACCAR account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Short Term Investments
Short Term Investments is an item under the current assets section of PACCAR balance sheet. It contains any investments PACCAR Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that PACCAR Inc can easily liquidate in the marketplace.Most indicators from PACCAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PACCAR Inc 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 PACCAR Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, PACCAR's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value Over EBITDA is likely to grow to 11.17, while Selling General Administrative is likely to drop slightly above 614.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1B | 109.1M | 520.4M | 293.0M | Depreciation And Amortization | 903.3M | 790.2M | 923.9M | 486.8M |
PACCAR fundamental ratios Correlations
Click cells to compare fundamentals
PACCAR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PACCAR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.4B | 28.3B | 29.3B | 33.3B | 40.8B | 42.9B | |
Short Long Term Debt Total | 11.8B | 11.3B | 10.8B | 16.2B | 14.4B | 15.1B | |
Other Current Liab | 843M | 1.2B | 1.4B | (10.5B) | (5.2B) | (5.0B) | |
Total Current Liabilities | 6.0B | 5.6B | 6.2B | 7.2B | 9.0B | 9.5B | |
Total Stockholder Equity | 9.7B | 10.4B | 11.4B | 13.2B | 15.9B | 16.7B | |
Property Plant And Equipment Net | 4.7B | 5.2B | 5.7B | 3.5B | 6.4B | 6.7B | |
Net Debt | 7.6B | 7.8B | 7.3B | 10.0B | 7.2B | 7.6B | |
Retained Earnings | 10.4B | 11.0B | 11.9B | 13.4B | 15.8B | 16.6B | |
Cash | 4.2B | 3.5B | 3.4B | 6.2B | 7.2B | 7.5B | |
Non Current Assets Total | 20.7B | 21.0B | 21.1B | 23.0B | 27.4B | 28.8B | |
Non Currrent Assets Other | 16.1B | 15.8B | 15.4B | 2.4B | 13.8B | 14.5B | |
Cash And Short Term Investments | 5.2B | 4.8B | 4.8B | 6.2B | 8.7B | 9.1B | |
Net Receivables | 1.3B | 1.2B | 1.6B | 1.9B | 2.2B | 3.1B | |
Common Stock Shares Outstanding | 521.2M | 521.1M | 522.6M | 523.3M | 525M | 455.8M | |
Liabilities And Stockholders Equity | 28.4B | 28.3B | 29.3B | 33.3B | 40.8B | 42.9B | |
Non Current Liabilities Total | 12.6B | 12.3B | 11.6B | 12.9B | 15.9B | 16.7B | |
Inventory | 1.2B | 1.2B | 1.8B | 2.2B | 2.6B | 2.7B | |
Other Current Assets | 388M | 515.6M | 732.9M | 682M | 680.6M | 495.4M | |
Other Stockholder Equity | 61.4M | 113.6M | 142M | 196.1M | (523.3M) | (497.1M) | |
Total Liab | 18.7B | 17.9B | 17.9B | 20.1B | 24.9B | 26.2B | |
Total Current Assets | 7.6B | 7.3B | 8.2B | 10.3B | 13.4B | 14.1B | |
Short Term Debt | 3.8B | 3.1B | 3.0B | 3.3B | 5.1B | 5.3B | |
Accounts Payable | 6.0B | 5.6B | 6.2B | 7.2B | 9.0B | 9.5B | |
Property Plant And Equipment Gross | 6.5B | 7.0B | 5.7B | 3.5B | 11.6B | 12.2B | |
Accumulated Other Comprehensive Income | (1.1B) | (1.1B) | (921.1M) | (953.4M) | (693.9M) | (659.2M) | |
Short Term Investments | 1.2B | 1.4B | 1.6B | 1.6B | 1.5B | 1.0B | |
Other Liab | 1.6B | 1.5B | 1.5B | 1.4B | 1.6B | 1.6B | |
Other Assets | 810.9M | 3.8B | 3.3K | 3.4B | 3.9B | 4.1B | |
Long Term Debt | 7.1B | 7.5B | 7.1B | 7.9B | 9.2B | 9.6B | |
Property Plant Equipment | 2.9B | 3.3B | 5.7B | 3.5B | 4.0B | 2.8B | |
Current Deferred Revenue | (4.6B) | (4.4B) | (4.4B) | 7.2B | 142.6M | 149.7M | |
Net Tangible Assets | 9.7B | 10.4B | 11.4B | 13.2B | 15.1B | 8.7B | |
Retained Earnings Total Equity | 10.4B | 11.0B | 11.9B | 13.4B | 15.4B | 8.8B | |
Long Term Debt Total | 7.1B | 7.5B | 7.1B | 7.9B | 9.0B | 5.2B | |
Capital Surpluse | 61.4M | 88.5M | 142M | 196.1M | 225.5M | 236.8M | |
Deferred Long Term Liab | 790.2M | 854.6M | 590.4M | 624.4M | 718.1M | 689.8M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACCAR Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the PACCAR Inc information on this page should be used as a complementary analysis to other PACCAR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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Is PACCAR'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 PACCAR. If investors know PACCAR 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 PACCAR 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 0.528 | Dividend Share 1.04 | Earnings Share 8.76 | Revenue Per Share 67.05 | Quarterly Revenue Growth 0.117 |
The market value of PACCAR Inc is measured differently than its book value, which is the value of PACCAR that is recorded on the company's balance sheet. Investors also form their own opinion of PACCAR's value that differs from its market value or its book value, called intrinsic value, which is PACCAR'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 PACCAR's market value can be influenced by many factors that don't directly affect PACCAR'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 PACCAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if PACCAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PACCAR'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.