Public Cash and Equivalents vs Inventory Analysis

PEG Stock

USD 65.10 0.07 0.11%

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

Cash And Equivalents vs Inventory

Cash and Equivalents vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Cash and Equivalents account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Public Service's Cash and Equivalents and Inventory is -0.13. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Inventory in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Cash and Equivalents and Inventory 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 and Equivalents of Public Service Enterprise are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash and Equivalents i.e., Public Service's Cash and Equivalents and Inventory go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Equivalents

Inventory

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

At this time, Public Service's Tax Provision is most likely to decrease significantly in the upcoming years. The Public Service's current Sales General And Administrative To Revenue is estimated to increase to 0.02, while Selling General Administrative is projected to decrease to roughly 207.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	2.6B	4.8B	3.6B
Total Revenue	9.7B	9.8B	11.2B	9.4B

Gross Profit Total Revenue

Public Service fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.58	0.31	0.17	0.23	0.66	0.48	-0.1	0.29	0.64	0.85	0.3	0.55	-0.35	0.3	0.64	0.14	0.46	0.84	0.58	-0.59	0.43	0.45	0.62	0.15	0.52
Total Assets	0.58		0.92	-0.06	0.58	0.76	0.99	0.12	0.92	0.97	0.67	0.09	1.0	-0.43	0.09	0.77	0.5	0.93	0.34	0.42	-0.86	0.92	0.81	0.52	0.74	0.68
Short Long Term Debt Total	0.31	0.92		-0.25	0.69	0.54	0.92	0.31	1.0	0.82	0.4	-0.01	0.92	-0.3	-0.01	0.73	0.48	0.89	0.09	0.33	-0.76	0.9	0.87	0.46	0.89	0.46
Other Current Liab	0.17	-0.06	-0.25		-0.25	0.16	-0.08	-0.76	-0.25	0.04	0.15	-0.01	-0.06	0.01	-0.01	-0.36	-0.02	-0.09	0.04	0.0	0.05	-0.12	-0.15	0.0	-0.34	0.01
Total Current Liabilities	0.23	0.58	0.69	-0.25		0.13	0.53	0.7	0.68	0.49	0.03	0.17	0.55	0.08	0.17	0.62	0.24	0.51	0.14	0.58	-0.61	0.56	0.61	0.59	0.83	0.27
Total Stockholder Equity	0.66	0.76	0.54	0.16	0.13		0.76	-0.2	0.54	0.84	0.78	-0.01	0.77	-0.53	-0.01	0.56	0.44	0.68	0.6	0.23	-0.53	0.62	0.45	0.27	0.2	0.74
Property Plant And Equipment Net	0.48	0.99	0.92	-0.08	0.53	0.76		0.1	0.92	0.96	0.63	0.01	0.99	-0.46	0.01	0.7	0.54	0.93	0.24	0.32	-0.82	0.91	0.77	0.39	0.72	0.67
Current Deferred Revenue	-0.1	0.12	0.31	-0.76	0.7	-0.2	0.1		0.3	0.04	-0.32	0.09	0.1	0.2	0.09	0.38	-0.01	0.09	0.09	0.32	-0.16	0.14	0.23	0.21	0.48	0.02
Net Debt	0.29	0.92	1.0	-0.25	0.68	0.54	0.92	0.3		0.81	0.38	-0.05	0.92	-0.3	-0.05	0.72	0.5	0.89	0.08	0.32	-0.75	0.9	0.87	0.42	0.88	0.45
Retained Earnings	0.64	0.97	0.82	0.04	0.49	0.84	0.96	0.04	0.81		0.73	0.14	0.97	-0.45	0.14	0.7	0.47	0.88	0.44	0.39	-0.82	0.85	0.68	0.47	0.6	0.79
Accounts Payable	0.85	0.67	0.4	0.15	0.03	0.78	0.63	-0.32	0.38	0.73		0.22	0.66	-0.51	0.22	0.62	0.27	0.59	0.6	0.3	-0.6	0.55	0.4	0.46	0.2	0.65
Cash	0.3	0.09	-0.01	-0.01	0.17	-0.01	0.01	0.09	-0.05	0.14	0.22		0.03	0.05	1.0	0.19	-0.47	-0.01	0.23	0.13	-0.07	0.02	-0.12	0.66	0.12	0.47
Non Current Assets Total	0.55	1.0	0.92	-0.06	0.55	0.77	0.99	0.1	0.92	0.97	0.66	0.03		-0.44	0.03	0.73	0.52	0.94	0.31	0.37	-0.84	0.92	0.81	0.44	0.71	0.66
Non Currrent Assets Other	-0.35	-0.43	-0.3	0.01	0.08	-0.53	-0.46	0.2	-0.3	-0.45	-0.51	0.05	-0.44		0.05	-0.33	-0.48	-0.26	-0.15	0.26	0.42	-0.21	-0.32	-0.06	-0.1	-0.3
Cash And Short Term Investments	0.3	0.09	-0.01	-0.01	0.17	-0.01	0.01	0.09	-0.05	0.14	0.22	1.0	0.03	0.05		0.19	-0.47	-0.01	0.23	0.13	-0.07	0.02	-0.12	0.66	0.12	0.47
Net Receivables	0.64	0.77	0.73	-0.36	0.62	0.56	0.7	0.38	0.72	0.7	0.62	0.19	0.73	-0.33	0.19		0.49	0.66	0.43	0.63	-0.77	0.68	0.71	0.73	0.72	0.49
Common Stock Total Equity	0.14	0.5	0.48	-0.02	0.24	0.44	0.54	-0.01	0.5	0.47	0.27	-0.47	0.52	-0.48	-0.47	0.49		0.42	-0.04	0.2	-0.68	0.4	0.49	0.08	0.42	0.17
Non Current Liabilities Total	0.46	0.93	0.89	-0.09	0.51	0.68	0.93	0.09	0.89	0.88	0.59	-0.01	0.94	-0.26	-0.01	0.66	0.42		0.21	0.38	-0.73	1.0	0.79	0.41	0.71	0.55
Inventory	0.84	0.34	0.09	0.04	0.14	0.6	0.24	0.09	0.08	0.44	0.6	0.23	0.31	-0.15	0.23	0.43	-0.04	0.21		0.48	-0.28	0.17	0.18	0.38	-0.12	0.5
Other Current Assets	0.58	0.42	0.33	0.0	0.58	0.23	0.32	0.32	0.32	0.39	0.3	0.13	0.37	0.26	0.13	0.63	0.2	0.38	0.48		-0.55	0.4	0.43	0.61	0.39	0.23
Other Stockholder Equity	-0.59	-0.86	-0.76	0.05	-0.61	-0.53	-0.82	-0.16	-0.75	-0.82	-0.6	-0.07	-0.84	0.42	-0.07	-0.77	-0.68	-0.73	-0.28	-0.55		-0.73	-0.76	-0.57	-0.72	-0.51
Total Liab	0.43	0.92	0.9	-0.12	0.56	0.62	0.91	0.14	0.9	0.85	0.55	0.02	0.92	-0.21	0.02	0.68	0.4	1.0	0.17	0.4	-0.73		0.8	0.45	0.76	0.52
Property Plant And Equipment Gross	0.45	0.81	0.87	-0.15	0.61	0.45	0.77	0.23	0.87	0.68	0.4	-0.12	0.81	-0.32	-0.12	0.71	0.49	0.79	0.18	0.43	-0.76	0.8		0.43	0.76	0.15
Total Current Assets	0.62	0.52	0.46	0.0	0.59	0.27	0.39	0.21	0.42	0.47	0.46	0.66	0.44	-0.06	0.66	0.73	0.08	0.41	0.38	0.61	-0.57	0.45	0.43		0.58	0.46
Short Term Debt	0.15	0.74	0.89	-0.34	0.83	0.2	0.72	0.48	0.88	0.6	0.2	0.12	0.71	-0.1	0.12	0.72	0.42	0.71	-0.12	0.39	-0.72	0.76	0.76	0.58		0.3
Common Stock	0.52	0.68	0.46	0.01	0.27	0.74	0.67	0.02	0.45	0.79	0.65	0.47	0.66	-0.3	0.47	0.49	0.17	0.55	0.5	0.23	-0.51	0.52	0.15	0.46	0.3

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Public Service Account Relationship Matchups

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

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

Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service'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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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

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Is Public Service'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 Public Service. If investors know Public 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 Public Service 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

(0.31)

Dividend Share

2.28

Earnings Share

5.13

Revenue Per Share

22.564

Quarterly Revenue Growth

(0.17)

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

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Public Cash and Equivalents vs Inventory Analysis

Cash And Equivalents vs Inventory

Cash and Equivalents vs Inventory Correlation Analysis

Correlation Coefficient

Cash And Equivalents

Inventory

Public Service fundamental ratios Correlations

Public Service Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Other Stockholder Equity	- 0.86	Total Assets
Other Stockholder Equity	- 0.84	Non Current Assets Total
Other Stockholder Equity	- 0.82	Retained Earnings
Other Stockholder Equity	- 0.82	Property Plant And Equipment Net
Other Stockholder Equity	- 0.77	Net Receivables
Property Plant And Equipment Gross	- 0.76	Other Stockholder Equity