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 DirectionPositive 
Relationship StrengthVery 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 Expense98.8M244.6M104.4M81.8M
Depreciation And Amortization8.5M7.8M40.6M42.6M

Pinnacle Financial fundamental ratios Correlations

0.990.96-0.060.970.750.730.60.950.40.920.740.911.00.960.390.720.830.720.1-0.270.67-0.110.970.880.64
0.990.94-0.030.930.740.660.520.930.470.950.80.960.990.970.470.790.850.730.08-0.280.6-0.080.960.830.55
0.960.940.140.940.630.870.770.950.160.90.640.860.960.870.310.630.910.560.14-0.230.83-0.090.980.940.79
-0.06-0.030.14-0.05-0.630.210.260.12-0.580.1-0.030.06-0.06-0.14-0.080.00.37-0.620.14-0.010.28-0.050.10.080.24
0.970.930.94-0.050.690.80.680.940.250.820.610.80.980.920.250.570.770.630.18-0.260.75-0.170.960.930.73
0.750.740.63-0.630.690.460.340.570.660.630.570.650.750.730.390.540.490.970.03-0.190.370.040.610.620.34
0.730.660.870.210.80.460.980.76-0.250.610.240.520.740.560.030.220.780.310.27-0.140.99-0.060.780.950.98
0.60.520.770.260.680.340.980.65-0.40.470.080.370.610.41-0.070.070.70.180.31-0.110.99-0.050.670.890.99
0.950.930.950.120.940.570.760.650.210.870.670.860.950.890.460.640.820.520.14-0.250.730.050.970.870.7
0.40.470.16-0.580.250.66-0.25-0.40.210.450.680.550.380.540.580.670.150.78-0.2-0.23-0.350.080.220.0-0.4
0.920.950.90.10.820.630.610.470.870.450.870.970.910.890.520.870.870.65-0.15-0.250.55-0.050.90.740.48
0.740.80.64-0.030.610.570.240.080.670.680.870.880.730.790.640.990.650.66-0.22-0.220.170.020.680.430.1
0.910.960.860.060.80.650.520.370.860.550.970.880.90.910.590.880.850.680.01-0.30.450.00.880.680.38
1.00.990.96-0.060.980.750.740.610.950.380.910.730.90.960.380.710.830.710.1-0.270.68-0.120.980.890.65
0.960.970.87-0.140.920.730.560.410.890.540.890.790.910.960.450.770.720.720.01-0.240.5-0.120.920.770.46
0.390.470.31-0.080.250.390.03-0.070.460.580.520.640.590.380.450.610.370.45-0.06-0.21-0.030.720.320.14-0.09
0.720.790.630.00.570.540.220.070.640.670.870.990.880.710.770.610.640.63-0.25-0.230.16-0.010.670.410.08
0.830.850.910.370.770.490.780.70.820.150.870.650.850.830.720.370.640.470.19-0.240.76-0.010.840.820.68
0.720.730.56-0.620.630.970.310.180.520.780.650.660.680.710.720.450.630.47-0.06-0.20.220.010.560.50.18
0.10.080.140.140.180.030.270.310.14-0.2-0.15-0.220.010.10.01-0.06-0.250.19-0.06-0.160.290.10.120.230.29
-0.27-0.28-0.23-0.01-0.26-0.19-0.14-0.11-0.25-0.23-0.25-0.22-0.3-0.27-0.24-0.21-0.23-0.24-0.2-0.16-0.12-0.03-0.23-0.2-0.1
0.670.60.830.280.750.370.990.990.73-0.350.550.170.450.680.5-0.030.160.760.220.29-0.12-0.080.740.920.99
-0.11-0.08-0.09-0.05-0.170.04-0.06-0.050.050.08-0.050.020.0-0.12-0.120.72-0.01-0.010.010.1-0.03-0.08-0.14-0.13-0.08
0.970.960.980.10.960.610.780.670.970.220.90.680.880.980.920.320.670.840.560.12-0.230.74-0.140.90.71
0.880.830.940.080.930.620.950.890.870.00.740.430.680.890.770.140.410.820.50.23-0.20.92-0.130.90.9
0.640.550.790.240.730.340.980.990.7-0.40.480.10.380.650.46-0.090.080.680.180.29-0.10.99-0.080.710.9
Click cells to compare fundamentals

Pinnacle Financial Account Relationship Matchups

Pinnacle Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.8B34.9B38.5B42.0B48.1B50.6B
Total Stockholder Equity4.4B4.9B5.3B5.5B6.0B6.3B
Property Plant And Equipment Net273.9M290.0M288.2M327.9M554.2M582.0M
Net Debt2.4B(2.0B)(2.7B)(257.4M)936.2M983.0M
Retained Earnings1.2B1.4B1.9B2.3B2.8B2.9B
Cash368.7M3.7B4.0B1.1B2.1B2.3B
Non Current Assets Total6.2B7.1B8.6B2.2B45.1B47.4B
Non Currrent Assets Other(108.0M)(175.1M)(186.9M)(7.4B)39.8B41.8B
Other Assets17.7B20.4B20.9B35.8B41.1B43.2B
Cash And Short Term Investments3.9B7.3B8.9B4.7B(315.5M)(299.7M)
Common Stock Total Equity77.5M76.6M75.9M76.1M87.6M91.9M
Common Stock Shares Outstanding76.8M75.7M75.9M76.1M76.6M41.2M
Liabilities And Stockholders Equity27.8B34.9B38.5B42.0B48.1B50.6B
Other Stockholder Equity3.1B3.0B3.0B3.1B3.1B3.3B
Total Liab23.4B30.0B33.2B36.5B42.1B44.2B
Property Plant And Equipment Gross273.9M290.0M466.2M485.4M399.0M418.9M
Total Current Assets4.0B7.4B9.0B4.0B3.0B2.6B
Accumulated Other Comprehensive Income30.5M175.8M107.2M(190.8M)(152.5M)(144.9M)
Common Stock76.6M75.9M76.1M76.5M76.8M42.2M
Short Long Term Debt Total2.8B1.8B1.3B888.5M3.1B3.2B
Other Liab114.3M411.1M377.3M154.5M177.6M186.5M
Accounts Payable42.2M24.9M12.5M19.5M67.0M35.1M
Short Term Investments3.5B3.6B4.9B3.6B4.3B4.1B
Non Current Liabilities Total2.8B1.8B1.3B19.5M24.6B25.9B
Other Current Assets640.7M4.1B5.2B(877.3M)3.0B2.9B
Property Plant Equipment273.9M290.0M288.2M456.0M524.4M550.6M
Long Term Debt749.1M670.6M1.3B888.5M2.6B2.7B
Other Current Liab(42.2M)(24.9M)(12.5M)(19.5M)17.2B18.1B
Total Current Liabilities42.2M24.9M12.5M19.5M17.5B18.3B
Inventory(640.7M)(4.1B)(5.2B)8.0M98.0M102.9M
Short Term Debt748.9M342.2M167.6M214.4M246.8M370.1M
Net Receivables84.5M104.1M98.8M161.2M217.5M228.4M
Good Will1.8B1.8B1.8B1.8B1.7B1.6B
Intangible Assets51.1M42.3M33.8M34.6M27.5M26.1M
Net Tangible Assets2.5B2.8B3.2B3.4B3.9B4.1B
Retained Earnings Total Equity833.1M1.2B1.4B1.9B2.1B2.3B
Long Term Debt Total485.1M749.1M670.6M423.2M486.6M368.5M
Capital Surpluse3.1B3.1B3.0B3.0B3.5B1.9B
Long Term Investments20.2B22.6B6.4B7.1B7.8B10.9B

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When determining whether Pinnacle Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Pinnacle Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pinnacle Financial Partners Stock. Highlighted below are key reports to facilitate an investment decision about Pinnacle Financial Partners Stock:
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.
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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When running Pinnacle Financial's price analysis, check to measure Pinnacle Financial'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 Pinnacle Financial is operating at the current time. Most of Pinnacle Financial's value examination focuses on studying past and present price action to predict the probability of Pinnacle Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle Financial's price. Additionally, you may evaluate how the addition of Pinnacle Financial to your portfolios can decrease your overall portfolio volatility.
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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.