Principal Financial Average Equity vs Earnings before Tax Analysis

PFG -- USA Stock  

Quarterly Earning Report: October 24, 2019  

Principal Financial financial indicator trend analysis is much more than just breaking down Principal Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Principal Financial is a good investment. Please check the relationship between Principal Financial Average Equity and its Earnings before Tax accounts. Additionally take a look at Your Equity Center.

Average Equity vs Earnings before Tax

Accounts Relationship

Average Equity vs Earnings before Tax

Significance: Almost Identical Trend

Average Equity diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Principal Financial Average Equity account and Earnings before Tax

Correlation Coefficient

Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].