Provident Accounts Payable vs Other Stockholder Equity Analysis

PFS Stock  USD 15.09  0.13  0.87%   
Provident Financial financial indicator trend analysis is much more than just breaking down Provident Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Financial is a good investment. Please check the relationship between Provident Financial Accounts Payable and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Services. 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.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Financial Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Provident Financial's Accounts Payable and Other Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Provident Financial Services, assuming nothing else is changed. The correlation between historical values of Provident Financial's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Provident Financial Services are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Provident Financial's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Provident Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Provident Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Provident Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Provident Financial 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 Provident Financial Services. 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, Provident Financial's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 1,120 in 2024, whereas Tax Provision is likely to drop slightly above 47.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit414.2M462.3M648.3M680.7M
Total Revenue452.8M505.3M695.6M730.4M

Provident Financial fundamental ratios Correlations

0.980.670.950.820.650.480.420.850.76-0.530.23-0.160.610.490.480.220.32-0.160.460.920.820.50.910.65-0.16
0.980.650.910.80.620.570.50.920.75-0.50.19-0.020.590.540.480.280.3-0.060.470.840.740.40.960.56-0.06
0.670.650.520.550.930.12-0.040.460.43-0.85-0.44-0.510.31-0.030.31-0.340.02-0.320.540.570.57-0.050.60.29-0.23
0.950.910.520.810.530.30.340.730.73-0.440.28-0.170.450.450.270.220.39-0.260.330.940.890.590.780.67-0.32
0.820.80.550.810.570.290.180.670.83-0.340.18-0.190.510.320.390.10.72-0.370.120.830.860.550.780.87-0.46
0.650.620.930.530.570.01-0.170.380.52-0.91-0.5-0.570.23-0.170.25-0.480.02-0.350.630.520.66-0.050.530.4-0.26
0.480.570.120.30.290.010.860.80.370.160.550.560.620.810.590.730.120.650.20.270.040.110.720.110.66
0.420.5-0.040.340.18-0.170.860.690.240.270.620.590.580.960.530.910.070.670.090.250.070.230.590.020.58
0.850.920.460.730.670.380.80.690.66-0.230.350.30.690.710.590.520.310.170.340.670.470.310.970.450.18
0.760.750.430.730.830.520.370.240.66-0.340.23-0.130.550.310.480.110.5-0.050.440.670.730.50.740.8-0.19
-0.53-0.5-0.85-0.44-0.34-0.910.160.27-0.23-0.340.60.7-0.080.34-0.170.60.290.42-0.76-0.4-0.520.01-0.38-0.220.25
0.230.19-0.440.280.18-0.50.550.620.350.230.60.410.440.70.280.790.340.39-0.250.330.10.60.240.310.29
-0.16-0.02-0.51-0.17-0.19-0.570.560.590.3-0.130.70.410.160.610.060.740.190.62-0.41-0.27-0.44-0.270.11-0.280.51
0.610.590.310.450.510.230.620.580.690.55-0.080.440.160.630.930.490.340.190.180.510.380.30.680.560.16
0.490.54-0.030.450.32-0.170.810.960.710.310.340.70.610.630.490.950.320.54-0.090.40.190.290.610.180.39
0.480.480.310.270.390.250.590.530.590.48-0.170.280.060.930.490.360.130.270.330.30.250.250.610.460.28
0.220.28-0.340.220.1-0.480.730.910.520.110.60.790.740.490.950.360.280.59-0.280.18-0.050.270.370.020.44
0.320.30.020.390.720.020.120.070.310.50.290.340.190.340.320.130.28-0.29-0.540.480.470.360.320.7-0.51
-0.16-0.06-0.32-0.26-0.37-0.350.650.670.17-0.050.420.390.620.190.540.270.59-0.290.14-0.37-0.42-0.280.06-0.40.91
0.460.470.540.330.120.630.20.090.340.44-0.76-0.25-0.410.18-0.090.33-0.28-0.540.140.20.280.060.420.070.27
0.920.840.570.940.830.520.270.250.670.67-0.40.33-0.270.510.40.30.180.48-0.370.20.860.620.730.71-0.41
0.820.740.570.890.860.660.040.070.470.73-0.520.1-0.440.380.190.25-0.050.47-0.420.280.860.560.590.8-0.5
0.50.4-0.050.590.55-0.050.110.230.310.50.010.6-0.270.30.290.250.270.36-0.280.060.620.560.370.66-0.32
0.910.960.60.780.780.530.720.590.970.74-0.380.240.110.680.610.610.370.320.060.420.730.590.370.540.07
0.650.560.290.670.870.40.110.020.450.8-0.220.31-0.280.560.180.460.020.7-0.40.070.710.80.660.54-0.47
-0.16-0.06-0.23-0.32-0.46-0.260.660.580.18-0.190.250.290.510.160.390.280.44-0.510.910.27-0.41-0.5-0.320.07-0.47
Click cells to compare fundamentals

Provident Financial Account Relationship Matchups

Provident Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B12.9B13.8B13.8B14.2B8.8B
Total Stockholder Equity1.4B1.6B1.7B1.6B1.7B1.2B
Other Liab84.8M261.0M213.0M89.1M102.4M82.2M
Retained Earnings695.3M718.1M814.5M918.2M974.5M548.3M
Accounts Payable7.1B9.8B11.2B10.6B12.1B12.8B
Cash186.7M532.4M712.5M186.5M180.3M172.6M
Other Assets6.7B9.1B7.9B9.0B10.4B8.7B
Long Term Debt1.1B1.2B637.1M1.3B1.5B1.0B
Good Will420.6M443.0M444.4M443.6M510.2M380.1M
Short Term Investments976.9M1.1B2.1B1.8B1.7B1.8B
Inventory(235.4M)(602.7M)(789.1M)(263.9M)121.3M127.3M
Total Liab1.1B1.2B637.1M12.2B12.5B6.3B
Intangible Assets437.0M23.2M19.8M17.3M457.9M318.1M
Property Plant Equipment55.2M75.9M80.6M79.8M91.8M73.7M
Short Long Term Debt Total1.1B1.2B637.1M1.3B2.0B1.2B
Property Plant And Equipment Net55.2M75.9M80.6M79.8M71.0M75.2M
Net Debt938.4M668.8M(75.4M)1.2B1.8B1.0B
Non Current Assets Total1.9B2.1B3.0B2.7B14.0B14.7B
Non Currrent Assets Other(35.6M)(51.7M)(55.6M)(126.7M)530.8M504.3M
Cash And Short Term Investments1.2B1.6B2.8B2.0B(180.2M)(171.2M)
Net Receivables29.0M46.5M42.0M51.9M59.0M31.3M
Common Stock Shares Outstanding64.7M69.6M76.6M74.8M74.9M69.3M
Liabilities And Stockholders Equity9.8B12.9B13.8B13.8B14.2B9.0B
Non Current Liabilities Total1.1B1.2B637.1M12.2B4.5B4.7B
Other Stockholder Equity713.9M883.2M874.9M843.8M861.2M740.4M
Property Plant And Equipment Gross55.2M75.9M196.6M196.1M192.9M202.5M
Total Current Assets1.2B1.7B2.8B2.0B250.9M238.3M
Accumulated Other Comprehensive Income3.8M17.7M6.9M(165.0M)(146.0M)(138.7M)
Other Current Assets235.4M602.7M789.1M263.9M250.9M238.3M
Total Current Liabilities6.2B8.3B9.5B9.8B8.0B7.0B
Treasury Stock(268.5M)(59.0M)(79.6M)(127.2M)(146.2M)(153.5M)
Short Term Debt856.2M886.6M443.0M881.9M1.1B717.5M
Other Current Liab5.4B7.4B9.1B9.0B6.9B7.3B
Net Tangible Assets976.8M1.2B1.2B1.1B1.3B938.8M
Retained Earnings Total Equity695.3M718.1M814.5M918.2M1.1B627.8M
Long Term Debt Total1.1B1.2B637.1M1.3B1.6B1.4B
Capital Surpluse1.0B962.5M969.8M981.1M883.0M802.5M
Long Term Investments8.7B11.3B2.5B2.2B2.1B2.0B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Provident Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Provident Financial's short interest history, or implied volatility extrapolated from Provident Financial options trading.

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When determining whether Provident Financial is a strong investment it is important to analyze Provident 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 Provident Financial's future performance. For an informed investment choice regarding Provident 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 Provident Financial Services. 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 Provident Financial information on this page should be used as a complementary analysis to other Provident 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Provident Financial's price analysis, check to measure Provident 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 Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident 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 Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.
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Is Provident 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 Provident Financial. If investors know Provident 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 Provident 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
(0.21)
Dividend Share
0.96
Earnings Share
1.6
Revenue Per Share
5.883
Quarterly Revenue Growth
(0.08)
The market value of Provident Financial is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Financial's value that differs from its market value or its book value, called intrinsic value, which is Provident 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 Provident Financial's market value can be influenced by many factors that don't directly affect Provident 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 Provident Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident 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.