Pinterest Short Long Term Debt Total vs Cash And Short Term Investments Analysis
PINS Stock | USD 42.64 0.14 0.33% |
Pinterest financial indicator trend analysis is much more than just breaking down Pinterest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinterest is a good investment. Please check the relationship between Pinterest Short Long Term Debt Total and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinterest. 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 more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.
Short Long Term Debt Total vs Cash And Short Term Investments
Short Long Term Debt Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinterest Short Long Term Debt Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pinterest's Short Long Term Debt Total and Cash And Short Term Investments is 0.6. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Pinterest, assuming nothing else is changed. The correlation between historical values of Pinterest's Short Long Term Debt Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Pinterest are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Long Term Debt Total i.e., Pinterest's Short Long Term Debt Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pinterest balance sheet. This account contains Pinterest investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pinterest fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Pinterest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinterest 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 Pinterest. 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 more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.At this time, Pinterest's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 295.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.2M | 30.9M | 35.6M | 37.4M | Tax Provision | 4.5M | 10.1M | 19.2M | 20.1M |
Pinterest fundamental ratios Correlations
Click cells to compare fundamentals
Pinterest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinterest fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 2.6B | 3.5B | 3.9B | 3.6B | 2.9B | |
Short Long Term Debt Total | 173.4M | 139.3M | 209.2M | 229.0M | 196.3M | 200.6M | |
Other Current Liab | 95.3M | 111.7M | 200.4M | 242.3M | 238.0M | 208.8M | |
Total Current Liabilities | 176.2M | 204.8M | 259.8M | 380.5M | 317.1M | 285.5M | |
Total Stockholder Equity | 2.0B | 2.2B | 3.0B | 3.3B | 3.1B | 2.2B | |
Other Liab | 20.1M | 22.9M | 29.5M | 21.9M | 25.1M | 22.6M | |
Net Tangible Assets | 2.0B | 2.2B | 3.0B | 3.2B | 3.6B | 3.8B | |
Property Plant And Equipment Net | 280.2M | 225.3M | 281.3M | 265.8M | 124.3M | 187.8M | |
Net Debt | (476.3M) | (529.9M) | (1.2B) | (1.4B) | (1.2B) | (1.1B) | |
Retained Earnings | (2.2B) | (2.3B) | (2.0B) | (2.1B) | (2.2B) | (2.3B) | |
Accounts Payable | 34.3M | 49.5M | 17.7M | 87.9M | 79.1M | 48.1M | |
Cash | 649.7M | 669.2M | 1.4B | 1.6B | 1.4B | 928.0M | |
Non Current Assets Total | 326.1M | 251.9M | 355.7M | 408.1M | 255.8M | 337.4M | |
Non Currrent Assets Other | 31.3M | 13.1M | 13.2M | 17.4M | 14.0M | 17.0M | |
Other Assets | 31.3M | 13.1M | 13.2M | 17.4M | 15.7M | 18.0M | |
Cash And Short Term Investments | 1.7B | 1.8B | 2.5B | 2.7B | 2.5B | 2.0B | |
Net Receivables | 316.4M | 563.7M | 653.4M | 681.5M | 763.2M | 524.3M | |
Common Stock Shares Outstanding | 420.5M | 596.3M | 776.1M | 665.7M | 674.6M | 646.0M | |
Short Term Investments | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | |
Liabilities And Stockholders Equity | 2.4B | 2.6B | 3.5B | 3.9B | 3.6B | 2.9B | |
Non Current Liabilities Total | 193.5M | 162.3M | 238.7M | 200.5M | 186.6M | 318.8M | |
Capital Surpluse | 4.2B | 4.6B | 5.1B | 5.4B | 6.2B | 3.6B | |
Capital Lease Obligations | 219.9M | 139.3M | 250.9M | 229.0M | 196.3M | 214.5M | |
Other Current Assets | 37.5M | 33.5M | 48.1M | 74.9M | 64.3M | 52.9M | |
Other Stockholder Equity | 1.8B | 4.6B | 5.1B | 5.4B | 5.2B | 3.9B | |
Total Liab | 369.6M | 367.1M | 498.5M | 581.1M | 503.7M | 526.5M | |
Net Invested Capital | 2.0B | 2.2B | 3.0B | 3.3B | 3.1B | 2.2B | |
Property Plant And Equipment Gross | 280.2M | 225.3M | 281.3M | 265.8M | 214.5M | 272.4M | |
Total Current Assets | 2.1B | 2.4B | 3.2B | 3.5B | 3.3B | 2.5B | |
Accumulated Other Comprehensive Income | 647K | 2.5M | (2.2M) | (11.4M) | (1.0M) | (1.1M) | |
Non Current Liabilities Other | 20.1M | 162.3M | 238.7M | 200.5M | 26.0M | 24.7M | |
Net Working Capital | 1.9B | 2.2B | 2.9B | 3.1B | 3.0B | 2.3B | |
Short Term Debt | 46.5M | 43.6M | 41.7M | 50.3M | 35.7M | 39.9M | |
Intangible Assets | 7.7M | 6.7M | 20.9M | 24.6M | 17.2M | 13.6M | |
Property Plant Equipment | 280.2M | 69.4M | 53.4M | 59.6M | 53.6M | 50.9M |
Pair Trading with Pinterest
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pinterest position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pinterest will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinterest Stock
0.68 | OB | Outbrain | PairCorr |
0.62 | TC | TuanChe ADR | PairCorr |
0.83 | WB | Weibo Corp Earnings Call This Week | PairCorr |
Moving against Pinterest Stock
0.42 | CCG | Cheche Group Report 25th of September 2024 | PairCorr |
The ability to find closely correlated positions to Pinterest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinterest when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pinterest - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pinterest to buy it.
The correlation of Pinterest is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pinterest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinterest moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pinterest can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinterest. 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 more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Pinterest Stock analysis
When running Pinterest's price analysis, check to measure Pinterest'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 Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.
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Is Pinterest'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 Pinterest. If investors know Pinterest 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 Pinterest 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 10.232 | Earnings Share 0.22 | Revenue Per Share 4.736 | Quarterly Revenue Growth 0.228 | Return On Assets 0.0329 |
The market value of Pinterest is measured differently than its book value, which is the value of Pinterest that is recorded on the company's balance sheet. Investors also form their own opinion of Pinterest's value that differs from its market value or its book value, called intrinsic value, which is Pinterest'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 Pinterest's market value can be influenced by many factors that don't directly affect Pinterest'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 Pinterest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinterest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinterest'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.