Provident Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Financial Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Provident Financial's Total Assets and Retained Earnings is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Provident Financial Services are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Provident Financial's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Provident 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 Provident 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Gross Profit Total Revenue

Provident Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Short Term Investments	Inventory	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.98	0.67	0.95	0.82	0.65	0.48	0.42	0.85	0.76	-0.53	0.23	-0.16	0.61	0.49	0.48	0.22	0.32	-0.16	0.46	0.92	0.82	0.5	0.91	0.65	-0.16
Total Stockholder Equity	0.98		0.65	0.91	0.8	0.62	0.57	0.5	0.92	0.75	-0.5	0.19	-0.02	0.59	0.54	0.48	0.28	0.3	-0.06	0.47	0.84	0.74	0.4	0.96	0.56	-0.06
Other Liab	0.67	0.65		0.52	0.55	0.93	0.12	-0.04	0.46	0.43	-0.85	-0.44	-0.51	0.31	-0.03	0.31	-0.34	0.02	-0.32	0.54	0.57	0.57	-0.05	0.6	0.29	-0.23
Retained Earnings	0.95	0.91	0.52		0.81	0.53	0.3	0.34	0.73	0.73	-0.44	0.28	-0.17	0.45	0.45	0.27	0.22	0.39	-0.26	0.33	0.94	0.89	0.59	0.78	0.67	-0.32
Accounts Payable	0.82	0.8	0.55	0.81		0.57	0.29	0.18	0.67	0.83	-0.34	0.18	-0.19	0.51	0.32	0.39	0.1	0.72	-0.37	0.12	0.83	0.86	0.55	0.78	0.87	-0.46
Cash	0.65	0.62	0.93	0.53	0.57		0.01	-0.17	0.38	0.52	-0.91	-0.5	-0.57	0.23	-0.17	0.25	-0.48	0.02	-0.35	0.63	0.52	0.66	-0.05	0.53	0.4	-0.26
Other Assets	0.48	0.57	0.12	0.3	0.29	0.01		0.86	0.8	0.37	0.16	0.55	0.56	0.62	0.81	0.59	0.73	0.12	0.65	0.2	0.27	0.04	0.11	0.72	0.11	0.66
Long Term Debt	0.42	0.5	-0.04	0.34	0.18	-0.17	0.86		0.69	0.24	0.27	0.62	0.59	0.58	0.96	0.53	0.91	0.07	0.67	0.09	0.25	0.07	0.23	0.59	0.02	0.58
Good Will	0.85	0.92	0.46	0.73	0.67	0.38	0.8	0.69		0.66	-0.23	0.35	0.3	0.69	0.71	0.59	0.52	0.31	0.17	0.34	0.67	0.47	0.31	0.97	0.45	0.18
Short Term Investments	0.76	0.75	0.43	0.73	0.83	0.52	0.37	0.24	0.66		-0.34	0.23	-0.13	0.55	0.31	0.48	0.11	0.5	-0.05	0.44	0.67	0.73	0.5	0.74	0.8	-0.19
Inventory	-0.53	-0.5	-0.85	-0.44	-0.34	-0.91	0.16	0.27	-0.23	-0.34		0.6	0.7	-0.08	0.34	-0.17	0.6	0.29	0.42	-0.76	-0.4	-0.52	0.01	-0.38	-0.22	0.25
Total Liab	0.23	0.19	-0.44	0.28	0.18	-0.5	0.55	0.62	0.35	0.23	0.6		0.41	0.44	0.7	0.28	0.79	0.34	0.39	-0.25	0.33	0.1	0.6	0.24	0.31	0.29
Intangible Assets	-0.16	-0.02	-0.51	-0.17	-0.19	-0.57	0.56	0.59	0.3	-0.13	0.7	0.41		0.16	0.61	0.06	0.74	0.19	0.62	-0.41	-0.27	-0.44	-0.27	0.11	-0.28	0.51
Property Plant Equipment	0.61	0.59	0.31	0.45	0.51	0.23	0.62	0.58	0.69	0.55	-0.08	0.44	0.16		0.63	0.93	0.49	0.34	0.19	0.18	0.51	0.38	0.3	0.68	0.56	0.16
Short Long Term Debt Total	0.49	0.54	-0.03	0.45	0.32	-0.17	0.81	0.96	0.71	0.31	0.34	0.7	0.61	0.63		0.49	0.95	0.32	0.54	-0.09	0.4	0.19	0.29	0.61	0.18	0.39
Property Plant And Equipment Net	0.48	0.48	0.31	0.27	0.39	0.25	0.59	0.53	0.59	0.48	-0.17	0.28	0.06	0.93	0.49		0.36	0.13	0.27	0.33	0.3	0.25	0.25	0.61	0.46	0.28
Net Debt	0.22	0.28	-0.34	0.22	0.1	-0.48	0.73	0.91	0.52	0.11	0.6	0.79	0.74	0.49	0.95	0.36		0.28	0.59	-0.28	0.18	-0.05	0.27	0.37	0.02	0.44
Non Current Assets Total	0.32	0.3	0.02	0.39	0.72	0.02	0.12	0.07	0.31	0.5	0.29	0.34	0.19	0.34	0.32	0.13	0.28		-0.29	-0.54	0.48	0.47	0.36	0.32	0.7	-0.51
Non Currrent Assets Other	-0.16	-0.06	-0.32	-0.26	-0.37	-0.35	0.65	0.67	0.17	-0.05	0.42	0.39	0.62	0.19	0.54	0.27	0.59	-0.29		0.14	-0.37	-0.42	-0.28	0.06	-0.4	0.91
Cash And Short Term Investments	0.46	0.47	0.54	0.33	0.12	0.63	0.2	0.09	0.34	0.44	-0.76	-0.25	-0.41	0.18	-0.09	0.33	-0.28	-0.54	0.14		0.2	0.28	0.06	0.42	0.07	0.27
Net Receivables	0.92	0.84	0.57	0.94	0.83	0.52	0.27	0.25	0.67	0.67	-0.4	0.33	-0.27	0.51	0.4	0.3	0.18	0.48	-0.37	0.2		0.86	0.62	0.73	0.71	-0.41
Common Stock Shares Outstanding	0.82	0.74	0.57	0.89	0.86	0.66	0.04	0.07	0.47	0.73	-0.52	0.1	-0.44	0.38	0.19	0.25	-0.05	0.47	-0.42	0.28	0.86		0.56	0.59	0.8	-0.5
Non Current Liabilities Total	0.5	0.4	-0.05	0.59	0.55	-0.05	0.11	0.23	0.31	0.5	0.01	0.6	-0.27	0.3	0.29	0.25	0.27	0.36	-0.28	0.06	0.62	0.56		0.37	0.66	-0.32
Other Stockholder Equity	0.91	0.96	0.6	0.78	0.78	0.53	0.72	0.59	0.97	0.74	-0.38	0.24	0.11	0.68	0.61	0.61	0.37	0.32	0.06	0.42	0.73	0.59	0.37		0.54	0.07
Property Plant And Equipment Gross	0.65	0.56	0.29	0.67	0.87	0.4	0.11	0.02	0.45	0.8	-0.22	0.31	-0.28	0.56	0.18	0.46	0.02	0.7	-0.4	0.07	0.71	0.8	0.66	0.54		-0.47
Total Current Assets	-0.16	-0.06	-0.23	-0.32	-0.46	-0.26	0.66	0.58	0.18	-0.19	0.25	0.29	0.51	0.16	0.39	0.28	0.44	-0.51	0.91	0.27	-0.41	-0.5	-0.32	0.07	-0.47

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Provident Financial Account Relationship Matchups

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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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:

How To Invest In Provident

Details

Is Provident Stock a good investment?

Details

What is Provident Financial's Net Worth?

Details

Largest Thrifts & Mortgage Finance Companies

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Largest Banks - Regional Companies

View

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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Provident Stock analysis

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.

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Provident Total Assets vs Retained Earnings Analysis

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Assets

Retained Earnings

Provident Financial fundamental ratios Correlations

Provident Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Provident Financial fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Provident Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.97	Good Will
Other Stockholder Equity	+ 0.96	Total Stockholder Equity
Short Long Term Debt Total	+ 0.96	Long Term Debt
Retained Earnings	+ 0.95	Total Assets
Net Debt	+ 0.95	Short Long Term Debt Total

Inventory	- 0.91	Cash
Inventory	- 0.85	Other Liab
Cash And Short Term Investments	- 0.76	Inventory
Intangible Assets	- 0.57	Cash
Cash And Short Term Investments	- 0.54	Non Current Assets Total
Inventory	- 0.53	Total Assets