Packaging Non Current Liabilities Total vs Retained Earnings Analysis
PKG Stock | USD 178.54 0.61 0.34% |
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 Non Current Liabilities Total and its Retained Earnings 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.
Non Current Liabilities Total vs Retained Earnings
Non Current Liabilities Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Packaging Corp Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Packaging Corp's Non Current Liabilities Total and Retained Earnings is 0.47. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Packaging Corp of 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 Non Current Liabilities Total i.e., Packaging Corp's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
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 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
CEOs Directory Screen CEOs from public companies around the world | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
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.