Paccar Current Deferred Revenue vs Total Assets Analysis

0KET Stock   113.04  0.10  0.09%   
Paccar financial indicator trend analysis is much more than just breaking down Paccar Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paccar Inc is a good investment. Please check the relationship between Paccar Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Paccar Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paccar Inc Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Paccar's Current Deferred Revenue and Total Assets is 0.2. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Paccar Inc, assuming nothing else is changed. The correlation between historical values of Paccar's Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Paccar Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Paccar's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Paccar 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 Paccar Inc 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.
Most indicators from Paccar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paccar Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Paccar Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 461.4 M in 2024. Selling General Administrative is likely to drop to about 712.3 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue23.5B28.8B35.1B24.2B
Depreciation And Amortization867.8M807.1M435.3M796.2M

Paccar fundamental ratios Correlations

0.330.910.990.470.030.990.770.880.540.590.680.990.94-0.280.770.570.94-0.190.770.81-0.080.770.20.210.2
0.330.330.3-0.42-0.90.24-0.160.54-0.410.440.850.320.13-0.580.54-0.040.34-0.920.460.070.460.51-0.69-0.61-0.22
0.910.330.890.29-0.070.880.610.810.370.430.640.930.82-0.210.590.280.85-0.240.570.790.030.760.070.160.03
0.990.30.890.470.060.990.790.850.550.560.640.980.95-0.250.810.560.97-0.140.760.81-0.070.780.220.230.17
0.47-0.420.290.470.760.550.830.450.980.250.090.440.59-0.280.120.70.350.40.440.6-0.850.050.690.580.44
0.03-0.9-0.070.060.760.130.53-0.170.75-0.19-0.560.020.230.32-0.270.37-0.010.85-0.10.26-0.7-0.280.830.720.33
0.990.240.880.990.550.130.830.850.620.580.610.980.95-0.270.770.620.94-0.090.770.81-0.160.730.320.310.2
0.77-0.160.610.790.830.530.830.680.90.450.30.750.91-0.280.460.710.750.290.680.71-0.490.510.610.530.37
0.880.540.810.850.45-0.170.850.680.490.660.880.870.8-0.680.650.530.78-0.440.820.71-0.180.690.020.050.17
0.54-0.410.370.550.980.750.620.90.490.350.080.520.67-0.250.190.740.430.460.520.58-0.750.150.760.670.38
0.590.440.430.560.25-0.190.580.450.660.350.590.590.47-0.430.570.780.47-0.30.910.090.010.40.210.210.09
0.680.850.640.640.09-0.560.610.30.880.080.590.660.51-0.730.630.290.6-0.810.710.50.030.63-0.38-0.350.05
0.990.320.930.980.440.020.980.750.870.520.590.660.91-0.240.740.560.92-0.190.750.8-0.070.770.210.220.21
0.940.130.820.950.590.230.950.910.80.670.470.510.91-0.250.680.570.940.030.720.81-0.190.740.330.290.27
-0.28-0.58-0.21-0.25-0.280.32-0.27-0.28-0.68-0.25-0.43-0.73-0.24-0.25-0.26-0.25-0.20.54-0.54-0.220.28-0.230.220.190.03
0.770.540.590.810.12-0.270.770.460.650.190.570.630.740.68-0.260.440.81-0.320.710.450.260.75-0.020.03-0.08
0.57-0.040.280.560.70.370.620.710.530.740.780.290.560.57-0.250.440.440.110.810.29-0.450.20.60.470.45
0.940.340.850.970.35-0.010.940.750.780.430.470.60.920.94-0.20.810.44-0.150.690.760.060.820.130.120.11
-0.19-0.92-0.24-0.140.40.85-0.090.29-0.440.46-0.3-0.81-0.190.030.54-0.320.11-0.15-0.32-0.08-0.26-0.340.750.720.07
0.770.460.570.760.44-0.10.770.680.820.520.910.710.750.72-0.540.710.810.69-0.320.39-0.150.610.210.170.21
0.810.070.790.810.60.260.810.710.710.580.090.50.80.81-0.220.450.290.76-0.080.39-0.40.570.160.130.32
-0.080.460.03-0.07-0.85-0.7-0.16-0.49-0.18-0.750.010.03-0.07-0.190.280.26-0.450.06-0.26-0.15-0.40.24-0.5-0.35-0.46
0.770.510.760.780.05-0.280.730.510.690.150.40.630.770.74-0.230.750.20.82-0.340.610.570.24-0.13-0.040.0
0.2-0.690.070.220.690.830.320.610.020.760.21-0.380.210.330.22-0.020.60.130.750.210.16-0.5-0.130.920.28
0.21-0.610.160.230.580.720.310.530.050.670.21-0.350.220.290.190.030.470.120.720.170.13-0.35-0.040.92-0.05
0.2-0.220.030.170.440.330.20.370.170.380.090.050.210.270.03-0.080.450.110.070.210.32-0.460.00.28-0.05
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Paccar Account Relationship Matchups

Paccar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4B28.3B29.5B33.3B40.8B28.5B
Other Current Liab990.9M443.2M2.8B2.1B14.8B15.6B
Total Current Liabilities10.3B9.6B8.1B11.8B16.5B9.0B
Total Stockholder Equity9.7B10.4B11.6B13.2B15.9B10.1B
Property Plant And Equipment Net6.6B6.9B6.6B6.3B4.0B5.7B
Net Debt7.1B7.4B7.0B6.8B(6.8B)(6.4B)
Retained Earnings10.4B11.0B12.0B13.4B15.8B10.4B
Cash4.2B3.5B3.4B4.7B6.8B7.2B
Non Current Assets Total20.2B20.3B20.2B22.1B8.4B15.1B
Non Currrent Assets Other1.3B1.5B1.6B1.8B4.5B4.7B
Other Assets4.2B4.4B4.5B4.5B17.8B18.7B
Cash And Short Term Investments5.3B5.0B5.0B6.3B8.7B4.9B
Net Receivables1.3B1.2B1.6B2.0B1.8B1.3B
Common Stock Shares Outstanding521.2M521.1M522.6M523.3M525M422.1M
Short Term Investments1.2B1.4B1.6B1.6B1.8B1.5B
Non Current Liabilities Total8.4B8.3B9.8B8.3B8.4B8.5B
Inventory1.2B1.2B2.0B2.2B2.6B1.4B
Other Current Assets13.1B12.8B12.9B14.8B1.5B1.4B
Other Stockholder Equity61.4M88.5M142M196.1M269.1M282.6M
Total Liab18.7B17.9B17.9B20.1B24.9B16.1B
Total Current Assets8.2B7.9B9.3B11.1B14.5B8.4B
Short Long Term Debt Total11.3B10.9B10.5B11.5B73.9M70.2M
Liabilities And Stockholders Equity28.4B28.3B29.5B33.3B40.8B26.7B
Accumulated Other Comprehensive Income(1.1B)(1.1B)(921.1M)(953.4M)(693.9M)(728.6M)
Short Term Debt5.7B5.4B3.1B5.6B16.8M16.0M
Current Deferred Revenue237.5M274.7M264.1M268.6M359.5M264.0M
Other Liab1.8B1.8B1.5B1.4B1.3B1.4B
Net Tangible Assets9.7B10.4B11.4B13.2B15.1B11.2B
Property Plant Equipment3.5B3.7B3.7B3.7B4.3B4.0B

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