Prudential Historical Balance Sheet

PRU Stock  USD 117.21  0.52  0.44%   
Trend analysis of Prudential Financial balance sheet accounts such as Accounts Payable of 9.1 B, Cash of 14.6 B, Other Assets of 755.7 B or Long Term Debt of 17.7 B provides information on Prudential Financial's total assets, liabilities, and equity, which is the actual value of Prudential Financial to its prevalent stockholders. By breaking down trends over time using Prudential Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Prudential Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Prudential Financial is a good buy for the upcoming year.

Prudential Financial Inventory

(376.84 Billion)

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

About Prudential Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Prudential Financial at a specified time, usually calculated after every quarter, six months, or one year. Prudential Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prudential Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Prudential currently owns. An asset can also be divided into two categories, current and non-current.

Prudential Financial Balance Sheet Chart

At this time, Prudential Financial's Good Will is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 1.6 B in 2024, whereas Accounts Payable is likely to drop slightly above 9.1 B in 2024.

Total Assets

Total assets refers to the total amount of Prudential Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Prudential Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most accounts from Prudential Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Prudential Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Prudential Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.At this time, Prudential Financial's Good Will is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 1.6 B in 2024, whereas Accounts Payable is likely to drop slightly above 9.1 B in 2024.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity61.9B16.3B27.8B37.7B
Total Assets937.6B689.9B721.1B663.2B

Prudential Financial balance sheet Correlations

0.790.670.510.280.45-0.030.520.91.00.290.060.050.40.5-0.250.91-0.19-0.7-0.07-0.630.57-0.730.120.12-0.1
0.790.50.350.210.02-0.290.190.610.750.060.050.050.250.43-0.380.6-0.3-0.28-0.49-0.240.74-0.350.20.2-0.03
0.670.50.770.570.390.12-0.040.630.67-0.27-0.38-0.38-0.310.1-0.440.630.24-0.730.11-0.780.46-0.68-0.27-0.270.28
0.510.350.770.160.27-0.25-0.110.50.51-0.53-0.55-0.55-0.410.23-0.370.50.03-0.580.31-0.650.58-0.410.050.050.48
0.280.210.570.160.280.27-0.120.320.28-0.040.070.07-0.1-0.11-0.20.330.08-0.19-0.13-0.180.04-0.38-0.05-0.05-0.14
0.450.020.390.270.280.440.570.50.480.430.050.040.170.04-0.020.520.25-0.650.26-0.59-0.09-0.63-0.2-0.2-0.08
-0.03-0.290.12-0.250.270.440.3-0.050.00.350.090.090.06-0.65-0.16-0.020.71-0.38-0.02-0.37-0.51-0.47-0.71-0.71-0.07
0.520.19-0.04-0.11-0.120.570.30.340.540.820.340.330.810.220.080.35-0.09-0.460.08-0.34-0.01-0.570.030.03-0.18
0.90.610.630.50.320.5-0.050.340.910.190.040.040.260.5-0.161.0-0.17-0.650.05-0.560.45-0.60.160.16-0.22
1.00.750.670.510.280.480.00.540.910.30.060.050.410.49-0.240.92-0.17-0.72-0.02-0.650.54-0.750.110.11-0.1
0.290.06-0.27-0.53-0.040.430.350.820.190.30.540.530.880.150.240.2-0.1-0.15-0.07-0.04-0.24-0.34-0.01-0.01-0.44
0.060.05-0.38-0.550.070.050.090.340.040.060.541.00.630.420.730.04-0.450.34-0.290.44-0.540.10.390.39-0.94
0.050.05-0.38-0.550.070.040.090.330.040.050.531.00.630.420.730.03-0.450.34-0.290.44-0.540.10.390.39-0.94
0.40.25-0.31-0.41-0.10.170.060.810.260.410.880.630.630.40.290.26-0.43-0.03-0.130.09-0.06-0.270.340.34-0.5
0.50.430.10.23-0.110.04-0.650.220.50.490.150.420.420.40.540.49-0.73-0.040.10.020.22-0.020.650.65-0.46
-0.25-0.38-0.44-0.37-0.2-0.02-0.160.08-0.16-0.240.240.730.730.290.54-0.16-0.40.350.20.38-0.680.310.370.37-0.73
0.910.60.630.50.330.52-0.020.351.00.920.20.040.030.260.49-0.16-0.15-0.670.05-0.580.44-0.620.140.14-0.21
-0.19-0.30.240.030.080.250.71-0.09-0.17-0.17-0.1-0.45-0.45-0.43-0.73-0.4-0.15-0.4-0.08-0.47-0.22-0.23-0.95-0.950.42
-0.7-0.28-0.73-0.58-0.19-0.65-0.38-0.46-0.65-0.72-0.150.340.34-0.03-0.040.35-0.67-0.4-0.330.98-0.290.890.450.45-0.28
-0.07-0.490.110.31-0.130.26-0.020.080.05-0.02-0.07-0.29-0.29-0.130.10.20.05-0.08-0.33-0.35-0.14-0.260.050.050.21
-0.63-0.24-0.78-0.65-0.18-0.59-0.37-0.34-0.56-0.65-0.040.440.440.090.020.38-0.58-0.470.98-0.35-0.290.850.510.51-0.38
0.570.740.460.580.04-0.09-0.51-0.010.450.54-0.24-0.54-0.54-0.060.22-0.680.44-0.22-0.29-0.14-0.29-0.220.20.20.53
-0.73-0.35-0.68-0.41-0.38-0.63-0.47-0.57-0.6-0.75-0.340.10.1-0.27-0.020.31-0.62-0.230.89-0.260.85-0.220.30.3-0.11
0.120.2-0.270.05-0.05-0.2-0.710.030.160.11-0.010.390.390.340.650.370.14-0.950.450.050.510.20.31.0-0.37
0.120.2-0.270.05-0.05-0.2-0.710.030.160.11-0.010.390.390.340.650.370.14-0.950.450.050.510.20.31.0-0.37
-0.1-0.030.280.48-0.14-0.08-0.07-0.18-0.22-0.1-0.44-0.94-0.94-0.5-0.46-0.73-0.210.42-0.280.21-0.380.53-0.11-0.37-0.37
Click cells to compare fundamentals

Prudential Financial Account Relationship Matchups

Prudential Financial balance sheet Accounts

201920202021202220232024 (projected)
Total Assets896.6B940.7B937.6B689.9B721.1B663.2B
Total Stockholder Equity63.1B67.4B61.9B16.3B27.8B37.7B
Other Liab752.8B825.1B831.4B613.6B705.6B740.9B
Retained Earnings33.0B30.7B36.7B33.4B32.4B19.4B
Accounts Payable11.4B12.0B9.5B5.7B15.7B9.1B
Cash16.3B13.7B12.9B17.3B19.4B14.6B
Other Assets72.7B70.5B146.9B270.4B719.7B755.7B
Long Term Debt18.6B19.7B18.9B19.9B20.0B17.7B
Short Term Investments396.6B420.7B379.0B307.7B321.3B190.9B
Total Liab832.8B872.5B875.0B672.7B691.3B625.0B
Short Long Term Debt Total21.9B20.9B19.6B21.1B20.9B24.0B
Other Current Liab(1.9B)(925M)(722M)4.2B100M95M
Total Current Liabilities1.9B925M722M5.0B125M118.8M
Net Debt5.5B7.2B6.7B3.8B1.5B1.4B
Non Current Assets Total411.0B435.8B398.7B413.4B404M383.8M
Non Currrent Assets Other(411.0B)(435.8B)(398.7B)86.2B(341.5B)(324.4B)
Cash And Short Term Investments412.9B434.4B391.9B325.0B340.7B213.0B
Common Stock Shares Outstanding410.9M395.8M390.1M372.3M364.6M369.7M
Liabilities And Stockholders Equity896.6B940.7B937.6B689.9B721.1B679.0B
Non Current Liabilities Total19.9B20.0B18.9B667.7B26.4B49.9B
Other Stockholder Equity6.1B5.9B3.9B2.7B2.0B1.9B
Total Current Assets412.9B434.4B391.9B6.1B971M922.5M
Accumulated Other Comprehensive Income24.0B30.7B21.3B(19.8B)(6.5B)(6.2B)
Short Term Debt1.9B925M722M775M873M829.4M
Other Current Assets38.1B37.1B30.9B(15.7B)28.7B30.1B
Treasury Stock(19.5B)(19.7B)(21.8B)(23.1B)(20.8B)(19.7B)
Intangible Assets1.1B1.1B771M595M1.0B1.6B
Noncontrolling Interest In Consolidated Entity604M785M732M958M862.2M819.1M
Retained Earnings Total Equity33.0B30.7B36.7B33.4B38.4B25.2B
Deferred Long Term Liab1.0B935M820M366M420.9M689.0M
Net Tangible Assets63.1B67.4B61.9B16.3B18.7B17.8B
Long Term Debt Total18.6B19.7B18.6B19.9B17.9B16.1B
Capital Surpluse25.5B25.6B25.7B25.7B29.6B27.4B
Long Term Investments526.1B556.8B398.0B420.5B339.4B472.5B
Non Current Liabilities Other800.9B839.5B846.8B652.8B750.7B783.4B

Pair Trading with Prudential Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prudential Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prudential Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Prudential Stock

  0.81FG FG Annuities LifePairCorr
  0.77MET-PA MetLife Preferred StockPairCorr

Moving against Prudential Stock

  0.68FLFG Federal Life GroupPairCorr
  0.49GWLIF Great West LifecoPairCorr
  0.49ABLLW Abacus Life Symbol ChangePairCorr
The ability to find closely correlated positions to Prudential Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prudential Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prudential Financial to buy it.
The correlation of Prudential Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prudential Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prudential Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Prudential Stock Analysis

When running Prudential Financial's price analysis, check to measure Prudential 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 Prudential Financial is operating at the current time. Most of Prudential Financial's value examination focuses on studying past and present price action to predict the probability of Prudential 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 Prudential Financial's price. Additionally, you may evaluate how the addition of Prudential Financial to your portfolios can decrease your overall portfolio volatility.