Pinnacle Property Plant Equipment vs Cash And Short Term Investments Analysis
PNFP Stock | USD 83.74 0.19 0.23% |
Pinnacle Financial financial indicator trend analysis is much more than just breaking down Pinnacle Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinnacle Financial is a good investment. Please check the relationship between Pinnacle Financial Property Plant Equipment 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 Pinnacle Financial Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Property Plant Equipment vs Cash And Short Term Investments
Property Plant Equipment 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 Pinnacle Financial Property Plant Equipment account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pinnacle Financial's Property Plant Equipment and Cash And Short Term Investments is 0.22. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Pinnacle Financial Partners, assuming nothing else is changed. The correlation between historical values of Pinnacle Financial's Property Plant Equipment 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 Property Plant Equipment of Pinnacle Financial Partners 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 Property Plant Equipment i.e., Pinnacle Financial's Property Plant Equipment and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pinnacle Financial balance sheet. This account contains Pinnacle Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pinnacle Financial Partners 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 Pinnacle Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinnacle Financial 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 Pinnacle Financial Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At this time, Pinnacle Financial's Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Enterprise Value Over EBITDA is likely to grow to 1,121, while Tax Provision is likely to drop slightly above 109.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 98.8M | 244.6M | 104.4M | 81.8M | Depreciation And Amortization | 8.5M | 7.8M | 40.6M | 42.6M |
Pinnacle Financial fundamental ratios Correlations
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Pinnacle Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinnacle Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.8B | 34.9B | 38.5B | 42.0B | 48.1B | 50.6B | |
Total Stockholder Equity | 4.4B | 4.9B | 5.3B | 5.5B | 6.0B | 6.3B | |
Property Plant And Equipment Net | 273.9M | 290.0M | 288.2M | 327.9M | 554.2M | 582.0M | |
Net Debt | 2.4B | (2.0B) | (2.7B) | (257.4M) | 936.2M | 983.0M | |
Retained Earnings | 1.2B | 1.4B | 1.9B | 2.3B | 2.8B | 2.9B | |
Cash | 368.7M | 3.7B | 4.0B | 1.1B | 2.1B | 2.3B | |
Non Current Assets Total | 6.2B | 7.1B | 8.6B | 2.2B | 45.1B | 47.4B | |
Non Currrent Assets Other | (108.0M) | (175.1M) | (186.9M) | (7.4B) | 39.8B | 41.8B | |
Other Assets | 17.7B | 20.4B | 20.9B | 35.8B | 41.1B | 43.2B | |
Cash And Short Term Investments | 3.9B | 7.3B | 8.9B | 4.7B | (315.5M) | (299.7M) | |
Common Stock Total Equity | 77.5M | 76.6M | 75.9M | 76.1M | 87.6M | 91.9M | |
Common Stock Shares Outstanding | 76.8M | 75.7M | 75.9M | 76.1M | 76.6M | 41.2M | |
Liabilities And Stockholders Equity | 27.8B | 34.9B | 38.5B | 42.0B | 48.1B | 50.6B | |
Other Stockholder Equity | 3.1B | 3.0B | 3.0B | 3.1B | 3.1B | 3.3B | |
Total Liab | 23.4B | 30.0B | 33.2B | 36.5B | 42.1B | 44.2B | |
Property Plant And Equipment Gross | 273.9M | 290.0M | 466.2M | 485.4M | 399.0M | 418.9M | |
Total Current Assets | 4.0B | 7.4B | 9.0B | 4.0B | 3.0B | 2.6B | |
Accumulated Other Comprehensive Income | 30.5M | 175.8M | 107.2M | (190.8M) | (152.5M) | (144.9M) | |
Common Stock | 76.6M | 75.9M | 76.1M | 76.5M | 76.8M | 42.2M | |
Short Long Term Debt Total | 2.8B | 1.8B | 1.3B | 888.5M | 3.1B | 3.2B | |
Other Liab | 114.3M | 411.1M | 377.3M | 154.5M | 177.6M | 186.5M | |
Accounts Payable | 42.2M | 24.9M | 12.5M | 19.5M | 67.0M | 35.1M | |
Short Term Investments | 3.5B | 3.6B | 4.9B | 3.6B | 4.3B | 4.1B | |
Non Current Liabilities Total | 2.8B | 1.8B | 1.3B | 19.5M | 24.6B | 25.9B | |
Other Current Assets | 640.7M | 4.1B | 5.2B | (877.3M) | 3.0B | 2.9B | |
Property Plant Equipment | 273.9M | 290.0M | 288.2M | 456.0M | 524.4M | 550.6M | |
Long Term Debt | 749.1M | 670.6M | 1.3B | 888.5M | 2.6B | 2.7B | |
Other Current Liab | (42.2M) | (24.9M) | (12.5M) | (19.5M) | 17.2B | 18.1B | |
Total Current Liabilities | 42.2M | 24.9M | 12.5M | 19.5M | 17.5B | 18.3B | |
Inventory | (640.7M) | (4.1B) | (5.2B) | 8.0M | 98.0M | 102.9M | |
Short Term Debt | 748.9M | 342.2M | 167.6M | 214.4M | 246.8M | 370.1M | |
Net Receivables | 84.5M | 104.1M | 98.8M | 161.2M | 217.5M | 228.4M | |
Good Will | 1.8B | 1.8B | 1.8B | 1.8B | 1.7B | 1.6B | |
Intangible Assets | 51.1M | 42.3M | 33.8M | 34.6M | 27.5M | 26.1M | |
Net Tangible Assets | 2.5B | 2.8B | 3.2B | 3.4B | 3.9B | 4.1B | |
Retained Earnings Total Equity | 833.1M | 1.2B | 1.4B | 1.9B | 2.1B | 2.3B | |
Long Term Debt Total | 485.1M | 749.1M | 670.6M | 423.2M | 486.6M | 368.5M | |
Capital Surpluse | 3.1B | 3.1B | 3.0B | 3.0B | 3.5B | 1.9B | |
Long Term Investments | 20.2B | 22.6B | 6.4B | 7.1B | 7.8B | 10.9B |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle Financial Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Pinnacle Financial information on this page should be used as a complementary analysis to other Pinnacle Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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Is Pinnacle Financial'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 Pinnacle Financial. If investors know Pinnacle 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 Pinnacle Financial 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 (0.11) | Dividend Share 0.88 | Earnings Share 6.95 | Revenue Per Share 21.187 | Quarterly Revenue Growth 0.028 |
The market value of Pinnacle Financial is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle Financial's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle Financial'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 Pinnacle Financial's market value can be influenced by many factors that don't directly affect Pinnacle Financial'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 Pinnacle Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle Financial'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.