Packaging Net Debt vs Non Current Assets Total Analysis
PKG Stock | USD 179.15 3.00 1.70% |
Packaging Corp financial indicator trend analysis is much more than just breaking down Packaging Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Packaging Corp is a good investment. Please check the relationship between Packaging Corp Net Debt and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Net Debt vs Non Current Assets Total
Net Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Packaging Corp Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Packaging Corp's Net Debt and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Packaging Corp of, assuming nothing else is changed. The correlation between historical values of Packaging Corp's Net Debt and Non Current Assets Total 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 Packaging Corp of are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Packaging Corp's Net Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Packaging Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Packaging Corp 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 Packaging Corp of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. At this time, Packaging Corp's Tax Provision is most likely to increase significantly in the upcoming years. The Packaging Corp's current Sales General And Administrative To Revenue is estimated to increase to 0.1, while Selling General Administrative is projected to decrease to roughly 378.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.1B | 1.7B | 990.9M | Total Revenue | 7.7B | 8.5B | 7.8B | 4.4B |
Packaging Corp fundamental ratios Correlations
Click cells to compare fundamentals
Packaging Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Packaging Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.2B | 7.4B | 7.8B | 8.0B | 8.9B | 4.5B | |
Short Long Term Debt Total | 2.7B | 2.7B | 2.7B | 2.8B | 3.2B | 1.7B | |
Other Current Liab | 307.8M | 325.1M | 363.6M | 391M | 248.6M | 217.8M | |
Total Current Liabilities | 723.8M | 782.6M | 884.8M | 875.5M | 1.3B | 1.3B | |
Total Stockholder Equity | 3.1B | 3.2B | 3.6B | 3.7B | 4.0B | 4.2B | |
Property Plant And Equipment Net | 3.4B | 3.4B | 3.8B | 4.2B | 4.1B | 2.4B | |
Net Debt | 2.1B | 1.8B | 2.1B | 2.5B | 2.5B | 1.4B | |
Accounts Payable | 351.9M | 387M | 452.4M | 410.4M | 402.4M | 253.1M | |
Non Current Assets Total | 4.8B | 4.7B | 5.1B | 5.5B | 5.6B | 3.0B | |
Non Currrent Assets Other | (284.3M) | (326.2M) | (421M) | (501M) | 67.2M | 70.6M | |
Net Receivables | 872.1M | 837.5M | 1.1B | 1.1B | 1.0B | 559.4M | |
Common Stock Shares Outstanding | 94.1M | 94.4M | 94.5M | 92.7M | 89.5M | 79.7M | |
Liabilities And Stockholders Equity | 7.2B | 7.4B | 7.8B | 8.0B | 8.9B | 9.3B | |
Non Current Liabilities Total | 3.4B | 3.4B | 3.3B | 3.5B | 3.6B | 2.1B | |
Inventory | 794.1M | 787.9M | 902.5M | 977.3M | 1.0B | 1.1B | |
Other Current Assets | 44.8M | 44.7M | 47M | 58.3M | 62.3M | 44.5M | |
Total Liab | 4.2B | 4.2B | 4.2B | 4.3B | 4.9B | 2.7B | |
Total Current Assets | 2.5B | 2.8B | 2.7B | 2.5B | 3.3B | 3.4B | |
Accumulated Other Comprehensive Income | (159.5M) | (144.5M) | (75.2M) | (102.4M) | (70.9M) | (74.4M) | |
Short Term Debt | 64.1M | 70.5M | 68.8M | 74.1M | 480.2M | 504.2M | |
Intangible Assets | 338.8M | 295.9M | 308.4M | 267.9M | 229.6M | 167.8M | |
Retained Earnings | 2.7B | 2.8B | 3.1B | 3.2B | 3.4B | 3.6B | |
Cash | 679.5M | 974.6M | 618.7M | 320M | 648M | 680.4M | |
Cash And Short Term Investments | 767.4M | 1.1B | 704.8M | 405.2M | 1.1B | 1.2B | |
Good Will | 918.7M | 863.5M | 923.5M | 922.4M | 1.1B | 1.1B | |
Other Stockholder Equity | 524.8M | 554.4M | 579.4M | 581.8M | 620.1M | 506.5M | |
Property Plant And Equipment Gross | 3.4B | 3.4B | 8.1B | 8.8B | 9.1B | 9.5B | |
Other Liab | 770.6M | 736.9M | 681.3M | 742.2M | 853.5M | 896.2M | |
Other Assets | 54.4M | 227M | 41.6M | 42M | 48.3M | 59.9M | |
Long Term Debt | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 1.7B | |
Property Plant Equipment | 3.2B | 3.2B | 3.5B | 4.2B | 4.8B | 5.1B | |
Net Tangible Assets | 1.8B | 2.1B | 2.5B | 2.5B | 2.8B | 3.0B | |
Retained Earnings Total Equity | 2.7B | 2.8B | 3.1B | 3.2B | 3.7B | 1.9B | |
Long Term Debt Total | 2.5B | 2.5B | 2.5B | 2.5B | 2.9B | 2.3B | |
Capital Surpluse | 524.8M | 554.4M | 579.4M | 581.8M | 669.1M | 509.7M | |
Capital Lease Obligations | 257.7M | 258.5M | 260.8M | 319.5M | 301.4M | 316.5M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Packaging Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Packaging Stock analysis
When running Packaging Corp's price analysis, check to measure Packaging Corp'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 Packaging Corp is operating at the current time. Most of Packaging Corp's value examination focuses on studying past and present price action to predict the probability of Packaging Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Packaging Corp's price. Additionally, you may evaluate how the addition of Packaging Corp to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
Is Packaging Corp'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 Packaging Corp. If investors know Packaging 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 Packaging Corp 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 (0.23) | Dividend Share 5 | Earnings Share 8 | Revenue Per Share 87.593 | Quarterly Revenue Growth 0.002 |
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp'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 Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp'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 Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp'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.