Premier Property Plant And Equipment Net vs Total Current Liabilities Analysis

PINC Stock

USD 21.16 0.20 0.95%

Premier financial indicator trend analysis is much more than just breaking down Premier prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier is a good investment. Please check the relationship between Premier Property Plant And Equipment Net and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Premier's Property Plant And Equipment Net and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Premier, assuming nothing else is changed. The correlation between historical values of Premier's Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Premier are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Premier's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Premier balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Premier 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.

Most indicators from Premier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier 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 Premier. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.The current year's Discontinued Operations is expected to grow to about 525.4 K, whereas Selling General Administrative is forecasted to decline to about 503.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	885.0M	896.3M	1.0B	818.7M
Total Revenue	1.4B	1.3B	1.5B	1.3B

Gross Profit Total Revenue

Premier fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.77	0.54	0.74	0.72	0.42	0.18	0.82	0.5	0.51	0.28	0.76	-0.19	0.78	0.63	0.75	0.12	-0.65	0.69	0.79	0.68	-0.14	-0.1	0.65	0.33	0.51
Total Assets	0.77		0.79	0.98	0.97	0.55	0.13	0.98	0.34	0.79	0.33	0.88	-0.57	1.0	0.83	0.97	0.31	-0.8	0.94	0.96	0.88	0.2	-0.14	0.85	0.45	0.68
Short Long Term Debt Total	0.54	0.79		0.81	0.85	0.85	-0.3	0.76	0.03	0.99	0.59	0.62	-0.63	0.78	0.89	0.82	0.45	-0.71	0.73	0.7	0.93	0.12	-0.57	0.8	0.52	0.96
Other Current Liab	0.74	0.98	0.81		0.97	0.62	0.04	0.96	0.24	0.81	0.39	0.83	-0.62	0.98	0.86	0.97	0.34	-0.8	0.97	0.92	0.9	0.28	-0.23	0.84	0.49	0.73
Total Current Liabilities	0.72	0.97	0.85	0.97		0.64	0.0	0.92	0.21	0.85	0.41	0.78	-0.61	0.97	0.83	0.96	0.32	-0.81	0.91	0.92	0.89	0.16	-0.28	0.81	0.46	0.76
Total Stockholder Equity	0.42	0.55	0.85	0.62	0.64		-0.6	0.58	-0.27	0.85	0.92	0.36	-0.61	0.54	0.79	0.54	0.31	-0.73	0.66	0.5	0.75	0.11	-0.89	0.6	0.48	0.86
Other Liab	0.18	0.13	-0.3	0.04	0.0	-0.6		0.1	0.79	-0.32	-0.64	0.21	0.32	0.15	-0.23	0.11	-0.49	0.17	-0.03	0.22	-0.14	-0.08	0.79	0.01	0.05	-0.41
Property Plant And Equipment Net	0.82	0.98	0.76	0.96	0.92	0.58	0.1		0.34	0.77	0.38	0.89	-0.56	0.97	0.85	0.94	0.31	-0.81	0.93	0.95	0.87	0.19	-0.17	0.86	0.46	0.66
Current Deferred Revenue	0.5	0.34	0.03	0.24	0.21	-0.27	0.79	0.34		-0.04	-0.38	0.49	0.39	0.36	0.08	0.33	-0.27	-0.05	0.17	0.44	0.19	-0.33	0.55	0.22	-0.06	-0.06
Net Debt	0.51	0.79	0.99	0.81	0.85	0.85	-0.32	0.77	-0.04		0.61	0.59	-0.73	0.78	0.9	0.81	0.44	-0.73	0.75	0.7	0.93	0.2	-0.57	0.79	0.55	0.95
Retained Earnings	0.28	0.33	0.59	0.39	0.41	0.92	-0.64	0.38	-0.38	0.61		0.15	-0.49	0.32	0.57	0.26	0.1	-0.71	0.5	0.34	0.48	-0.03	-0.92	0.38	0.37	0.59
Accounts Payable	0.76	0.88	0.62	0.83	0.78	0.36	0.21	0.89	0.49	0.59	0.15		-0.29	0.87	0.64	0.85	0.45	-0.61	0.8	0.86	0.75	0.1	0.04	0.85	0.15	0.53
Cash	-0.19	-0.57	-0.63	-0.62	-0.61	-0.61	0.32	-0.56	0.39	-0.73	-0.49	-0.29		-0.56	-0.7	-0.54	-0.25	0.61	-0.62	-0.48	-0.62	-0.55	0.43	-0.49	-0.51	-0.58
Non Current Assets Total	0.78	1.0	0.78	0.98	0.97	0.54	0.15	0.97	0.36	0.78	0.32	0.87	-0.56		0.81	0.97	0.28	-0.82	0.92	0.97	0.87	0.14	-0.12	0.83	0.44	0.66
Non Currrent Assets Other	0.63	0.83	0.89	0.86	0.83	0.79	-0.23	0.85	0.08	0.9	0.57	0.64	-0.7	0.81		0.83	0.31	-0.72	0.83	0.73	0.96	0.31	-0.46	0.71	0.53	0.87
Other Assets	0.75	0.97	0.82	0.97	0.96	0.54	0.11	0.94	0.33	0.81	0.26	0.85	-0.54	0.97	0.83		0.41	-0.7	0.89	0.89	0.89	0.26	-0.14	0.87	0.5	0.75
Long Term Debt	0.12	0.31	0.45	0.34	0.32	0.31	-0.49	0.31	-0.27	0.44	0.1	0.45	-0.25	0.28	0.31	0.41		-0.12	0.29	0.14	0.37	0.31	-0.22	0.55	-0.06	0.49
Cash And Short Term Investments	-0.65	-0.8	-0.71	-0.8	-0.81	-0.73	0.17	-0.81	-0.05	-0.73	-0.71	-0.61	0.61	-0.82	-0.72	-0.7	-0.12		-0.84	-0.86	-0.72	0.09	0.46	-0.67	-0.46	-0.58
Net Receivables	0.69	0.94	0.73	0.97	0.91	0.66	-0.03	0.93	0.17	0.75	0.5	0.8	-0.62	0.92	0.83	0.89	0.29	-0.84		0.9	0.84	0.32	-0.3	0.79	0.42	0.66
Good Will	0.79	0.96	0.7	0.92	0.92	0.5	0.22	0.95	0.44	0.7	0.34	0.86	-0.48	0.97	0.73	0.89	0.14	-0.86	0.9		0.8	-0.02	-0.09	0.78	0.38	0.56
Common Stock Total Equity	0.68	0.88	0.93	0.9	0.89	0.75	-0.14	0.87	0.19	0.93	0.48	0.75	-0.62	0.87	0.96	0.89	0.37	-0.72	0.84	0.8		0.2	-0.38	0.79	0.48	0.91
Short Term Investments	-0.14	0.2	0.12	0.28	0.16	0.11	-0.08	0.19	-0.33	0.2	-0.03	0.1	-0.55	0.14	0.31	0.26	0.31	0.09	0.32	-0.02	0.2		-0.05	0.23	0.26	0.2
Non Current Liabilities Total	-0.1	-0.14	-0.57	-0.23	-0.28	-0.89	0.79	-0.17	0.55	-0.57	-0.92	0.04	0.43	-0.12	-0.46	-0.14	-0.22	0.46	-0.3	-0.09	-0.38	-0.05		-0.27	-0.35	-0.64
Inventory	0.65	0.85	0.8	0.84	0.81	0.6	0.01	0.86	0.22	0.79	0.38	0.85	-0.49	0.83	0.71	0.87	0.55	-0.67	0.79	0.78	0.79	0.23	-0.27		0.51	0.71
Other Current Assets	0.33	0.45	0.52	0.49	0.46	0.48	0.05	0.46	-0.06	0.55	0.37	0.15	-0.51	0.44	0.53	0.5	-0.06	-0.46	0.42	0.38	0.48	0.26	-0.35	0.51		0.48
Other Stockholder Equity	0.51	0.68	0.96	0.73	0.76	0.86	-0.41	0.66	-0.06	0.95	0.59	0.53	-0.58	0.66	0.87	0.75	0.49	-0.58	0.66	0.56	0.91	0.2	-0.64	0.71	0.48

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Premier Account Relationship Matchups

Premier fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	123.6M	117.5M	121.7M	119.9M	137.9M	86.4M
Total Assets	2.9B	3.5B	3.4B	3.4B	3.9B	2.4B
Short Long Term Debt Total	137.2M	521.7M	487.3M	440.3M	506.4M	531.7M
Other Current Liab	326.2M	423.1M	427.2M	420.6M	483.7M	293.7M
Total Current Liabilities	496.1M	716.8M	753.1M	815.5M	937.8M	491.3M
Total Stockholder Equity	139.3M	2.2B	2.2B	2.3B	2.7B	2.8B
Other Liab	2.3B	527.8M	2.6B	97.5M	112.2M	106.6M
Property Plant And Equipment Net	264.6M	272.5M	252.9M	241.6M	277.8M	211.2M
Current Deferred Revenue	35.4M	34.1M	30.5M	24.3M	28.0M	36.0M
Net Debt	37.9M	392.5M	401.1M	350.5M	403.1M	423.3M
Retained Earnings	0.0	169.5M	331.7M	405.1M	465.9M	489.2M
Accounts Payable	54.8M	85.4M	44.6M	54.4M	62.5M	49.6M
Cash	99.3M	129.1M	86.1M	89.8M	80.8M	114.7M
Non Current Assets Total	2.3B	2.7B	2.7B	2.7B	3.1B	1.8B
Non Currrent Assets Other	142.9M	136.5M	161.6M	160.5M	184.5M	193.8M
Other Assets	572.9M	918.4M	886.6M	814.1M	936.2M	545.4M
Long Term Debt	4.6M	304.3M	2.3M	102.3M	117.6M	64.2M
Cash And Short Term Investments	99.3M	129.1M	86.1M	89.8M	80.8M	153.1M
Net Receivables	350.7M	408.7M	374.2M	414.5M	476.7M	250.8M
Good Will	880.7M	942.0M	999.9M	1.0B	1.2B	698.4M
Common Stock Total Equity	716K	1.2M	1.2M	1.3M	1.4M	1.5M
Liabilities And Stockholders Equity	2.9B	3.5B	3.4B	3.4B	3.9B	2.4B
Non Current Liabilities Total	2.3B	576.2M	355.1M	221.7M	199.5M	189.5M
Inventory	71.0M	176.4M	119.7M	76.9M	88.5M	65.4M
Other Current Assets	97.3M	68.0M	325.6M	60.4M	69.4M	72.6M
Other Stockholder Equity	138.5M	2.1B	1.9B	1.9B	2.2B	2.3B
Total Liab	2.8B	1.3B	1.1B	1.0B	933.4M	886.7M
Property Plant And Equipment Gross	264.6M	272.5M	213.4M	212.3M	244.2M	204.9M
Total Current Assets	618.4M	782.3M	645.6M	641.6M	737.9M	575.6M
Short Term Debt	79.6M	174.2M	250.9M	316.2M	363.6M	381.8M
Intangible Assets	417.4M	396.6M	356.6M	430.0M	494.5M	255.7M
Common Stock	716K	1.2M	1.2M	1.3M	1.4M	1.5M
Property Plant Equipment	105.0M	272.5M	252.9M	212.3M	244.2M	136.6M
Net Tangible Assets	(1.4B)	833.3M	(1.4B)	2.3B	2.7B	2.8B
Long Term Debt Total	6.0M	284.6M	2.3M	102.3M	117.6M	77.6M

Premier Investors Sentiment

The influence of Premier's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Premier. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Premier's public news can be used to forecast risks associated with an investment in Premier. The trend in average sentiment can be used to explain how an investor holding Premier can time the market purely based on public headlines and social activities around Premier. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Premier's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Premier's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Premier's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Premier.

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 Premier 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, Premier's short interest history, or implied volatility extrapolated from Premier options trading.

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When determining whether Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier'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 Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:

How To Invest In Premier

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Is Premier Stock a good investment?

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What is Premier's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Premier Stock analysis

When running Premier's price analysis, check to measure Premier'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 Premier is operating at the current time. Most of Premier's value examination focuses on studying past and present price action to predict the probability of Premier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier's price. Additionally, you may evaluate how the addition of Premier to your portfolios can decrease your overall portfolio volatility.

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Is Premier'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 Premier. If investors know Premier 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 Premier 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

(0.17)

Dividend Share

0.84

Earnings Share

1.39

Revenue Per Share

11.037

Quarterly Revenue Growth

(0.07)

The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier'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 Premier's market value can be influenced by many factors that don't directly affect Premier'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 Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier'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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Premier Property Plant And Equipment Net vs Total Current Liabilities Analysis

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Total Current Liabilities

Premier fundamental ratios Correlations

Premier Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Premier fundamental ratios Accounts

Premier Investors Sentiment

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Premier Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Other Current Liab	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Other Current Liab
Total Current Liabilities	+ 0.97	Total Assets

Non Current Liabilities Total	- 0.92	Retained Earnings
Non Current Liabilities Total	- 0.89	Total Stockholder Equity
Good Will	- 0.86	Cash And Short Term Investments
Net Receivables	- 0.84	Cash And Short Term Investments
Cash And Short Term Investments	- 0.82	Non Current Assets Total
Cash And Short Term Investments	- 0.81	Property Plant And Equipment Net