Principal Historical Balance Sheet

PFG Stock  USD 86.07  1.58  1.87%   
Trend analysis of Principal Financial Group balance sheet accounts such as Total Stockholder Equity of 10.5 B, Other Liab of 306.3 B, Retained Earnings of 17.5 B or Cash of 2.5 B provides information on Principal Financial's total assets, liabilities, and equity, which is the actual value of Principal Financial to its prevalent stockholders. By breaking down trends over time using Principal Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Principal Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Principal Financial is a good buy for the upcoming year.

Principal Financial Inventory

(54.82 Billion)

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

About Principal Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Principal Financial at a specified time, usually calculated after every quarter, six months, or one year. Principal Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Principal Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Principal currently owns. An asset can also be divided into two categories, current and non-current.

Principal Financial Balance Sheet Chart

Principal Financial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Principal Financial uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Principal Financial's Retained Earnings are most likely to increase significantly in the upcoming years. The Principal Financial's current Cash And Short Term Investments is estimated to increase to about 34.5 B, while Short and Long Term Debt Total is projected to decrease to roughly 2.9 B.

Total Assets

Total assets refers to the total amount of Principal Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Principal Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Principal Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Principal Financial Group 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Principal Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Principal Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At this time, Principal Financial's Retained Earnings are most likely to increase significantly in the upcoming years. The Principal Financial's current Cash And Short Term Investments is estimated to increase to about 34.5 B, while Short and Long Term Debt Total is projected to decrease to roughly 2.9 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.4B4.1B4.0B2.9B
Total Assets321.2B303.0B305B207.9B

Principal Financial balance sheet Correlations

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-0.47-0.440.91-0.54-0.17-0.170.12-0.26-0.220.08-0.60.220.36-0.59-0.31-0.33-0.47-0.280.71-0.11-0.14-0.28-0.120.26-0.44
0.790.76-0.5-0.540.610.610.370.08-0.050.00.740.52-0.470.74-0.340.070.780.830.010.690.750.840.61-0.110.43
0.780.81-0.37-0.170.610.310.830.320.30.310.50.59-0.770.49-0.32-0.470.780.480.090.830.850.480.170.490.67
0.420.420.04-0.170.610.31-0.03-0.56-0.21-0.210.560.560.090.59-0.20.340.410.630.510.360.460.660.66-0.48-0.07
0.660.65-0.230.120.370.83-0.030.470.370.540.240.6-0.840.22-0.37-0.720.670.270.130.780.770.27-0.050.840.66
0.440.48-0.52-0.260.080.32-0.560.470.590.580.20.07-0.610.150.16-0.310.45-0.06-0.440.430.34-0.1-0.320.60.69
0.460.4-0.46-0.22-0.050.3-0.210.370.590.50.160.13-0.530.130.59-0.290.48-0.43-0.280.350.26-0.44-0.680.540.64
0.420.42-0.160.080.00.31-0.210.540.580.50.30.37-0.420.280.34-0.030.430.00.060.420.46-0.06-0.220.590.26
0.750.8-0.56-0.60.740.50.560.240.20.160.30.43-0.441.00.10.320.750.63-0.040.520.630.620.43-0.130.34
0.690.670.130.220.520.590.560.60.070.130.370.43-0.350.43-0.41-0.210.690.590.720.840.850.580.450.260.35
-0.76-0.750.670.36-0.47-0.770.09-0.84-0.61-0.53-0.42-0.44-0.35-0.410.130.62-0.76-0.220.3-0.68-0.65-0.220.16-0.74-0.86
0.740.79-0.53-0.590.740.490.590.220.150.130.281.00.43-0.410.090.340.730.64-0.020.510.620.630.45-0.160.3
-0.11-0.13-0.28-0.31-0.34-0.32-0.2-0.370.160.590.340.1-0.410.130.090.45-0.1-0.59-0.41-0.36-0.34-0.62-0.61-0.09-0.1
-0.17-0.160.01-0.330.07-0.470.34-0.72-0.31-0.29-0.030.32-0.210.620.340.45-0.180.18-0.03-0.36-0.240.150.37-0.81-0.54
1.00.96-0.61-0.470.780.780.410.670.450.480.430.750.69-0.760.73-0.1-0.180.580.00.910.910.570.250.330.79
0.590.6-0.18-0.280.830.480.630.27-0.06-0.430.00.630.59-0.220.64-0.590.180.580.270.590.691.00.91-0.230.18
0.00.020.750.710.010.090.510.13-0.44-0.280.06-0.040.720.3-0.02-0.41-0.030.00.270.280.310.280.41-0.06-0.32
0.90.88-0.29-0.110.690.830.360.780.430.350.420.520.84-0.680.51-0.36-0.360.910.590.280.970.590.310.440.73
0.910.89-0.29-0.140.750.850.460.770.340.260.460.630.85-0.650.62-0.34-0.240.910.690.310.970.680.40.360.62
0.590.59-0.18-0.280.840.480.660.27-0.1-0.44-0.060.620.58-0.220.63-0.620.150.571.00.280.590.680.92-0.240.19
0.270.290.1-0.120.610.170.66-0.05-0.32-0.68-0.220.430.450.160.45-0.610.370.250.910.410.310.40.92-0.51-0.13
0.320.3-0.160.26-0.110.49-0.480.840.60.540.59-0.130.26-0.74-0.16-0.09-0.810.33-0.23-0.060.440.36-0.24-0.510.57
0.780.74-0.69-0.440.430.67-0.070.660.690.640.260.340.35-0.860.3-0.1-0.540.790.18-0.320.730.620.19-0.130.57
Click cells to compare fundamentals

Principal Financial Account Relationship Matchups

Principal Financial balance sheet Accounts

201920202021202220232024 (projected)
Total Assets291.1B313.5B321.2B303.0B305B207.9B
Short Long Term Debt Total3.8B4.4B4.4B4.1B4.0B2.9B
Other Current Liab(93.4M)(84.7M)(79.8M)19.2M11.9M11.3M
Total Current Liabilities93.4M84.7M79.8M20.5B19.7B20.7B
Total Stockholder Equity14.6B16.6B16.1B10.0B10.9B10.5B
Other Liab254.2B272.2B283.8B253.7B291.7B306.3B
Net Debt1.3B1.5B2.0B(770.3M)(715.7M)(679.9M)
Retained Earnings11.1B11.8B12.9B17.0B16.7B17.5B
Cash2.5B2.8B2.3B4.8B4.7B2.5B
Other Assets139.6B144.5B153.7B288.0B292.3B167.1B
Long Term Debt3.7B4.3B4.3B24.4B3.9B3.5B
Cash And Short Term Investments72.6B81.6B80.5B67.7B27.2B34.5B
Good Will1.7B1.7B1.6B1.6B1.6B954.5M
Common Stock Shares Outstanding281M276.6M272.9M255.3M244.6M238.2M
Short Term Investments70.1B78.7B78.2B62.9B22.5B32.1B
Liabilities And Stockholders Equity291.1B313.5B321.2B303.0B305.0B207.9B
Non Current Liabilities Total5.5B6.6B6.6B261.4B3.9B3.7B
Other Stockholder Equity2.5B2.3B1.6B153.5M(20.3B)(19.3B)
Total Liab276.1B296.6B304.7B292.7B293.8B197.2B
Total Current Assets74.4B83.3B82.3B10.9B4.7B4.5B
Accumulated Other Comprehensive Income1.0B2.4B1.6B(7.2B)14.6B15.3B
Intangible Assets1.8B1.7B1.6B1.5B1.5B1.2B
Property Plant Equipment967.7M1.0B1.0B996.1M1.1B672.2M
Property Plant And Equipment Net967.7M1.0B1.0B996.1M938.4M692.8M
Non Current Assets Total77.1B85.7B85.2B4.1B8.0B7.6B
Non Currrent Assets Other(1.8B)(2.3B)(2.3B)(66.6B)(65.7B)(68.9B)
Net Receivables1.7B1.7B1.8B26.3B24.6B25.8B
Other Current Assets7.3B7.7B6.5B11.5B10.6B10.1B
Property Plant And Equipment Gross759.5M767.3M967.7M1.0B1.2B633.3M
Treasury Stock(7.4B)(7.7B)(8.0B)(8.9B)(8.0B)(7.6B)
Short Term Debt93.4M84.7M79.8M80.7M61.1M58.0M
Noncontrolling Interest In Consolidated Entity67.8M58.4M56.4M41.1M47.3M51.5M
Accounts Payable16.2M22.3M15.5M20.4B19.6B20.6B
Retained Earnings Total Equity11.1B11.8B12.9B17.0B19.6B20.6B
Deferred Long Term Liab1.8B2.3B2.3B1.2B1.4B1.1B
Net Tangible Assets11.4B13.4B13.2B7.1B8.2B10.4B

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When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial'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 Principal Financial's future performance. For an informed investment choice regarding Principal 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 Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Principal Financial information on this page should be used as a complementary analysis to other Principal Financial'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Principal Financial's price analysis, check to measure Principal Financial'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 Principal Financial is operating at the current time. Most of Principal Financial's value examination focuses on studying past and present price action to predict the probability of Principal Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal Financial's price. Additionally, you may evaluate how the addition of Principal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Principal Financial'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 Principal Financial. If investors know Principal 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 Principal Financial 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
(0.02)
Dividend Share
2.6
Earnings Share
2.55
Revenue Per Share
56.634
Quarterly Revenue Growth
(0.15)
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial'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 Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial'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 Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial'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.