Provident Net Debt vs Property Plant Equipment 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 Net Debt and its Property Plant Equipment 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.
Net Debt vs Property Plant Equipment
Net Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Financial Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Provident Financial's Net Debt and Property Plant Equipment is 0.49. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment 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 Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Provident Financial Services are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Provident Financial's Net Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant Equipment
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 Profit | 414.2M | 462.3M | 648.3M | 680.7M | Total Revenue | 452.8M | 505.3M | 695.6M | 730.4M |
Provident Financial fundamental ratios Correlations
Click cells to compare fundamentals
Provident Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Provident Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.8B | 12.9B | 13.8B | 13.8B | 14.2B | 8.8B | |
Total Stockholder Equity | 1.4B | 1.6B | 1.7B | 1.6B | 1.7B | 1.2B | |
Other Liab | 84.8M | 261.0M | 213.0M | 89.1M | 102.4M | 82.2M | |
Retained Earnings | 695.3M | 718.1M | 814.5M | 918.2M | 974.5M | 548.3M | |
Accounts Payable | 7.1B | 9.8B | 11.2B | 10.6B | 12.1B | 12.8B | |
Cash | 186.7M | 532.4M | 712.5M | 186.5M | 180.3M | 172.6M | |
Other Assets | 6.7B | 9.1B | 7.9B | 9.0B | 10.4B | 8.7B | |
Long Term Debt | 1.1B | 1.2B | 637.1M | 1.3B | 1.5B | 1.0B | |
Good Will | 420.6M | 443.0M | 444.4M | 443.6M | 510.2M | 380.1M | |
Short Term Investments | 976.9M | 1.1B | 2.1B | 1.8B | 1.7B | 1.8B | |
Inventory | (235.4M) | (602.7M) | (789.1M) | (263.9M) | 121.3M | 127.3M | |
Total Liab | 1.1B | 1.2B | 637.1M | 12.2B | 12.5B | 6.3B | |
Intangible Assets | 437.0M | 23.2M | 19.8M | 17.3M | 457.9M | 318.1M | |
Property Plant Equipment | 55.2M | 75.9M | 80.6M | 79.8M | 91.8M | 73.7M | |
Short Long Term Debt Total | 1.1B | 1.2B | 637.1M | 1.3B | 2.0B | 1.2B | |
Property Plant And Equipment Net | 55.2M | 75.9M | 80.6M | 79.8M | 71.0M | 75.2M | |
Net Debt | 938.4M | 668.8M | (75.4M) | 1.2B | 1.8B | 1.0B | |
Non Current Assets Total | 1.9B | 2.1B | 3.0B | 2.7B | 14.0B | 14.7B | |
Non Currrent Assets Other | (35.6M) | (51.7M) | (55.6M) | (126.7M) | 530.8M | 504.3M | |
Cash And Short Term Investments | 1.2B | 1.6B | 2.8B | 2.0B | (180.2M) | (171.2M) | |
Net Receivables | 29.0M | 46.5M | 42.0M | 51.9M | 59.0M | 31.3M | |
Common Stock Shares Outstanding | 64.7M | 69.6M | 76.6M | 74.8M | 74.9M | 69.3M | |
Liabilities And Stockholders Equity | 9.8B | 12.9B | 13.8B | 13.8B | 14.2B | 9.0B | |
Non Current Liabilities Total | 1.1B | 1.2B | 637.1M | 12.2B | 4.5B | 4.7B | |
Other Stockholder Equity | 713.9M | 883.2M | 874.9M | 843.8M | 861.2M | 740.4M | |
Property Plant And Equipment Gross | 55.2M | 75.9M | 196.6M | 196.1M | 192.9M | 202.5M | |
Total Current Assets | 1.2B | 1.7B | 2.8B | 2.0B | 250.9M | 238.3M | |
Accumulated Other Comprehensive Income | 3.8M | 17.7M | 6.9M | (165.0M) | (146.0M) | (138.7M) | |
Other Current Assets | 235.4M | 602.7M | 789.1M | 263.9M | 250.9M | 238.3M | |
Total Current Liabilities | 6.2B | 8.3B | 9.5B | 9.8B | 8.0B | 7.0B | |
Treasury Stock | (268.5M) | (59.0M) | (79.6M) | (127.2M) | (146.2M) | (153.5M) | |
Short Term Debt | 856.2M | 886.6M | 443.0M | 881.9M | 1.1B | 717.5M | |
Other Current Liab | 5.4B | 7.4B | 9.1B | 9.0B | 6.9B | 7.3B | |
Net Tangible Assets | 976.8M | 1.2B | 1.2B | 1.1B | 1.3B | 938.8M | |
Retained Earnings Total Equity | 695.3M | 718.1M | 814.5M | 918.2M | 1.1B | 627.8M | |
Long Term Debt Total | 1.1B | 1.2B | 637.1M | 1.3B | 1.6B | 1.4B | |
Capital Surpluse | 1.0B | 962.5M | 969.8M | 981.1M | 883.0M | 802.5M | |
Long Term Investments | 8.7B | 11.3B | 2.5B | 2.2B | 2.1B | 2.0B |
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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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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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.