Packaging Other Current Assets from 2010 to 2024

PKG Stock  USD 248.85  1.82  0.74%   
Packaging Corp's Other Current Assets are increasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 44.5 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1999-12-31
Previous Quarter
204.5 M
Current Value
191.8 M
Quarterly Volatility
32.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Packaging Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Packaging Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 276.8 M, Interest Expense of 64.8 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0354 or PTB Ratio of 2.62. Packaging financial statements analysis is a perfect complement when working with Packaging Corp Valuation or Volatility modules.
  
Check out the analysis of Packaging Corp Correlation against competitors.

Latest Packaging Corp's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Packaging Corp of over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Packaging Corp's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Packaging Corp's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Packaging Other Current Assets Regression Statistics

Arithmetic Mean44,844,333
Geometric Mean42,395,841
Coefficient Of Variation34.90
Mean Deviation11,515,378
Median44,462,000
Standard Deviation15,652,337
Sample Variance245T
Range60.2M
R-Value0.15
Mean Square Error257.9T
R-Squared0.02
Significance0.59
Slope524,404
Total Sum of Squares3429.9T

Packaging Other Current Assets History

202444.5 M
202362.3 M
202258.3 M
202147 M
202044.7 M
201944.8 M
201839.4 M

About Packaging Corp Financial Statements

Packaging Corp stakeholders use historical fundamental indicators, such as Packaging Corp's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Packaging Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Packaging Corp's assets and liabilities are reflected in the revenues and expenses on Packaging Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Packaging Corp of. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets62.3 M44.5 M

Currently Active Assets on Macroaxis

When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's 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 Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:
Check out the analysis of Packaging Corp Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Paper & Plastic Packaging Products & Materials space 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
0.3
Dividend Share
5
Earnings Share
8.59
Revenue Per Share
91.752
Quarterly Revenue Growth
0.127
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.