PPG Common Stock Shares Outstanding vs Net Debt Analysis
PPG Stock | USD 134.71 0.07 0.05% |
PPG Industries financial indicator trend analysis is much more than just breaking down PPG Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PPG Industries is a good investment. Please check the relationship between PPG Industries Common Stock Shares Outstanding and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
Common Stock Shares Outstanding vs Net Debt
Common Stock Shares Outstanding vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PPG Industries Common Stock Shares Outstanding account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PPG Industries' Common Stock Shares Outstanding and Net Debt is -0.21. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt in the same time period over historical financial statements of PPG Industries, assuming nothing else is changed. The correlation between historical values of PPG Industries' Common Stock Shares Outstanding and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of PPG Industries are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., PPG Industries' Common Stock Shares Outstanding and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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.Most indicators from PPG Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PPG Industries 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 PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.At this time, PPG Industries' Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.5B | 6.6B | 7.5B | 4.6B | Total Revenue | 16.8B | 17.7B | 18.2B | 11.6B |
PPG Industries fundamental ratios Correlations
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PPG Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PPG Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.3B | 19.6B | 21.4B | 20.7B | 21.6B | 11.7B | |
Short Long Term Debt Total | 5.2B | 180M | 192M | 7.6B | 6.9B | 7.2B | |
Other Current Liab | 196M | 1.0B | 374M | 1.3B | 1.8B | 1.9B | |
Total Current Liabilities | 4.4B | 4.8B | 4.7B | 4.7B | 5.1B | 3.2B | |
Total Stockholder Equity | 5.3B | 5.7B | 6.3B | 6.6B | 7.8B | 8.2B | |
Property Plant And Equipment Net | 3.8B | 4.0B | 4.3B | 4.2B | 4.5B | 3.3B | |
Net Debt | 4.0B | (1.6B) | (813M) | 6.5B | 5.4B | 5.6B | |
Retained Earnings | 18.9B | 19.5B | 20.4B | 20.8B | 21.5B | 22.6B | |
Cash | 1.2B | 1.8B | 1.0B | 1.1B | 1.5B | 1.6B | |
Non Current Assets Total | 11.5B | 12.8B | 14.6B | 13.6B | 14.2B | 7.5B | |
Non Currrent Assets Other | (10.8B) | 685M | 742M | 583M | 584M | 295.5M | |
Cash And Short Term Investments | 1.3B | 1.9B | 1.1B | 1.2B | 1.6B | 834.9M | |
Net Receivables | 2.8B | 2.7B | 3.2B | 3.3B | 3.3B | 2.2B | |
Common Stock Shares Outstanding | 238.2M | 237.9M | 239.4M | 237.3M | 237.2M | 277.3M | |
Liabilities And Stockholders Equity | 14.3B | 19.6B | 21.4B | 20.7B | 21.6B | 11.5B | |
Non Current Liabilities Total | 4.5B | 8.9B | 10.2B | 9.3B | 8.6B | 4.3B | |
Inventory | 1.7B | 1.7B | 2.2B | 2.3B | 2.1B | 1.4B | |
Other Current Assets | 431M | 5.1B | 4.6B | 4.9B | 436M | 414.2M | |
Other Stockholder Equity | (12.2B) | (12.2B) | (12.3B) | (12.4B) | (12.4B) | (11.8B) | |
Total Liab | 8.9B | 13.7B | 14.9B | 14.0B | 13.6B | 7.5B | |
Total Current Assets | 6.2B | 6.8B | 6.7B | 7.2B | 7.4B | 4.8B | |
Short Term Debt | 683M | 758M | 201M | 496M | 500M | 523.9M | |
Accounts Payable | 2.4B | 2.6B | 3.1B | 2.9B | 2.6B | 1.7B | |
Current Deferred Revenue | 1.1B | 440M | 1.1B | 128M | 147.2M | 139.8M | |
Property Plant And Equipment Gross | 3.8B | 4.0B | 8.9B | 8.8B | 9.4B | 9.9B | |
Accumulated Other Comprehensive Income | (2.4B) | (2.6B) | (2.8B) | (2.8B) | (2.2B) | (2.1B) | |
Good Will | 4.5B | 5.1B | 6.2B | 6.1B | 6.2B | 3.2B | |
Intangible Assets | 2.1B | 2.4B | 2.8B | 2.4B | 2.4B | 1.8B | |
Other Liab | 2.5B | 2.8B | 3.1B | 2.2B | 2.5B | 2.9B | |
Other Assets | (3.4B) | 997M | 34M | 544M | 489.6M | 514.1M | |
Long Term Debt | 4.5B | 5.2B | 6.6B | 6.5B | 5.7B | 3.7B | |
Treasury Stock | (13.2B) | (13.2B) | (13.4B) | (13.5B) | (12.2B) | (11.6B) | |
Property Plant Equipment | 3.0B | 3.1B | 3.4B | 3.3B | 3.8B | 3.1B | |
Short Term Investments | 61M | 57M | 96M | 67M | 75M | 71.3M | |
Net Tangible Assets | (1.3B) | (1.8B) | (2.8B) | (1.9B) | (1.7B) | (1.6B) | |
Noncontrolling Interest In Consolidated Entity | 119M | 126M | 125M | 117M | 105.3M | 117.0M | |
Retained Earnings Total Equity | 18.9B | 19.5B | 20.4B | 20.8B | 24.0B | 16.5B |
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When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running PPG Industries' price analysis, check to measure PPG Industries' 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 PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.
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Is PPG Industries' 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 PPG Industries. If investors know PPG 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 PPG Industries 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 0.523 | Dividend Share 2.57 | Earnings Share 5.93 | Revenue Per Share 77.038 | Quarterly Revenue Growth (0.02) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.