PennyMac Total Current Liabilities vs Other Current Assets Analysis
PFSI Stock | USD 90.65 0.12 0.13% |
PennyMac Finl financial indicator trend analysis is much more than just breaking down PennyMac Finl Svcs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennyMac Finl Svcs is a good investment. Please check the relationship between PennyMac Finl Total Current Liabilities and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Finl Svcs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Total Current Liabilities vs Other Current Assets
Total Current Liabilities vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennyMac Finl Svcs Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PennyMac Finl's Total Current Liabilities and Other Current Assets is -0.4. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of PennyMac Finl Svcs, assuming nothing else is changed. The correlation between historical values of PennyMac Finl's Total Current Liabilities and Other Current Assets 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 Current Liabilities of PennyMac Finl Svcs are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., PennyMac Finl's Total Current Liabilities and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on PennyMac Finl balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PennyMac Finl Svcs 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from PennyMac Finl's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennyMac Finl Svcs 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 PennyMac Finl Svcs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of now, PennyMac Finl's Enterprise Value Multiple is increasing as compared to previous years. The PennyMac Finl's current Enterprise Value is estimated to increase to about 5.1 B, while Tax Provision is projected to decrease to under 82.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 90.5M | 50.2M | 637.8M | 669.7M | Depreciation And Amortization | 42.9M | 50.2M | 70.0M | 66.5M |
PennyMac Finl fundamental ratios Correlations
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PennyMac Finl Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PennyMac Finl fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 80.3M | 78.7M | 67.5M | 56.0M | 52.7M | 57.6M | |
Total Assets | 10.2B | 31.6B | 18.8B | 16.8B | 18.8B | 10.6B | |
Short Long Term Debt Total | 7.1B | 26.9B | 14.0B | 11.8B | 13.5B | 7.6B | |
Other Current Liab | 550.7M | 657.9M | 715.8M | 1.0B | (3.8B) | (3.6B) | |
Total Current Liabilities | 5.1B | 10.9B | 8.6B | 4.5B | 5.5B | 3.9B | |
Total Stockholder Equity | 2.1B | 3.4B | 3.4B | 3.5B | 3.5B | 3.7B | |
Other Liab | 681.1M | 253.5M | 304.9M | 1.3B | 1.5B | 1.5B | |
Property Plant And Equipment Net | 103.6M | 74.9M | 89.0M | 65.9M | 68.9M | 45.8M | |
Net Debt | 6.9B | 26.4B | 13.6B | 10.5B | 12.6B | 7.3B | |
Retained Earnings | 726.4M | 2.3B | 3.3B | 3.5B | 3.5B | 3.7B | |
Accounts Payable | 427.1M | 580.5M | 587.4M | 467.4M | 658.1M | 482.4M | |
Cash | 188.3M | 532.7M | 340.1M | 1.3B | 938.4M | 985.3M | |
Non Current Assets Total | 3.6B | 4.1B | 4.9B | 6.5B | 7.6B | 8.0B | |
Non Currrent Assets Other | 313.9M | 773.0M | 616.6M | 516.9M | 5.0B | 5.3B | |
Other Assets | 155.5M | 31.1B | 18.3B | 15.4B | 17.7B | 18.6B | |
Long Term Debt | 5.9B | 1.9B | 6.6B | 8.7B | 9.7B | 10.2B | |
Cash And Short Term Investments | 262.9M | 547.9M | 346.9M | 1.3B | 948.6M | 996.1M | |
Net Receivables | 1.1B | 26.3B | 12.8B | 8.2B | 29.3M | 27.8M | |
Short Term Investments | 74.6M | 15.2M | 6.9M | 12.2M | 10.3M | 9.8M | |
Liabilities And Stockholders Equity | 10.2B | 31.6B | 18.8B | 16.8B | 18.8B | 10.6B | |
Non Current Liabilities Total | 3.0B | 17.3B | 6.8B | 8.9B | 9.8B | 10.3B | |
Inventory | 5.7B | 1.3B | 7.5M | (107.0M) | 15.0M | 14.2M | |
Other Current Assets | (418.6M) | (715.8M) | (418.2M) | 803.8M | (977.9M) | (929.0M) | |
Other Stockholder Equity | 1.3B | 1.0B | 125.4M | 24.3M | 27.9M | 26.5M | |
Total Liab | 8.1B | 28.2B | 15.4B | 13.4B | 15.3B | 8.6B | |
Property Plant And Equipment Gross | 103.6M | 74.9M | 89.0M | 65.9M | 132.6M | 139.2M | |
Total Current Assets | 6.6B | 27.5B | 13.9B | 10.3B | 11.3B | 7.4B | |
Short Term Debt | 4.1B | 9.7B | 7.3B | 3.0B | 8.7B | 9.1B | |
Intangible Assets | 3.0B | 2.6B | 3.9B | 6.0B | 7.1B | 7.5B | |
Property Plant Equipment | 103.6M | 74.9M | 89.0M | 94.2M | 108.4M | 113.8M | |
Retained Earnings Total Equity | 726.4M | 2.3B | 3.3B | 3.5B | 4.0B | 4.2B | |
Net Tangible Assets | 2.0B | 3.4B | 3.4B | 3.5B | 4.0B | 4.2B | |
Long Term Investments | 1.7M | 12.3B | 1.3M | 929K | 1.1M | 1.1M | |
Short Long Term Debt | 4.1B | 9.7B | 7.3B | 3.0B | 3.8B | 4.2B | |
Long Term Debt Total | 1.3B | 1.9B | 1.8B | 2.3B | 2.6B | 1.3B |
Currently Active Assets on Macroaxis
When determining whether PennyMac Finl Svcs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PennyMac Finl's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pennymac Finl Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pennymac Finl Svcs Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Finl Svcs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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When running PennyMac Finl's price analysis, check to measure PennyMac Finl'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 PennyMac Finl is operating at the current time. Most of PennyMac Finl's value examination focuses on studying past and present price action to predict the probability of PennyMac Finl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Finl's price. Additionally, you may evaluate how the addition of PennyMac Finl to your portfolios can decrease your overall portfolio volatility.
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Is PennyMac Finl'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 PennyMac Finl. If investors know PennyMac 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 PennyMac Finl 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 0.298 | Dividend Share 0.8 | Earnings Share 2.91 | Revenue Per Share 35.952 | Quarterly Revenue Growth (0.38) |
The market value of PennyMac Finl Svcs is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Finl's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Finl'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 PennyMac Finl's market value can be influenced by many factors that don't directly affect PennyMac Finl'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 PennyMac Finl's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Finl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Finl'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.