Public Other Operating Expenses vs Cost Of Revenue Analysis

0KS2 Stock   84.35  0.46  0.55%   
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Other Operating Expenses and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. 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.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Public Service's Other Operating Expenses and Cost Of Revenue is 0.62. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Other Operating Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Public Service Enterprise are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Other Operating Expenses i.e., Public Service's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Public Service Enterprise. It is also known as Public Service overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Public Service Enterprise income statement and represents the costs associated with goods and services Public Service provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise 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 Public Service Enterprise. 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 307.2 M in 2024. Selling General Administrative is likely to drop to about 28 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue8.7B11.5B11.2B10.9B
Depreciation And Amortization1.4B1.3B1.3B1.2B

Public Service fundamental ratios Correlations

-0.50.810.960.990.950.980.03-0.120.970.680.75-0.140.76-0.35-0.260.030.92-0.60.17-0.431.00.170.20.670.97
-0.5-0.06-0.63-0.56-0.67-0.56-0.220.17-0.68-0.910.060.04-0.330.210.19-0.39-0.780.410.07-0.25-0.450.21-0.42-0.42-0.34
0.81-0.060.650.750.720.7-0.110.230.690.320.720.10.87-0.17-0.19-0.240.61-0.570.49-0.530.850.6-0.120.550.89
0.96-0.630.650.970.910.990.05-0.220.970.760.65-0.190.61-0.39-0.30.150.93-0.60.08-0.280.930.010.370.680.86
0.99-0.560.750.970.950.990.1-0.180.980.710.69-0.170.73-0.31-0.220.080.94-0.570.08-0.370.980.060.290.640.94
0.95-0.670.720.910.950.930.03-0.050.980.850.59-0.060.79-0.26-0.170.080.98-0.510.17-0.270.940.160.190.60.91
0.98-0.560.70.990.990.930.05-0.210.980.720.71-0.180.65-0.35-0.240.120.93-0.540.06-0.330.960.020.340.640.9
0.03-0.22-0.110.050.10.030.050.10.08-0.06-0.290.2-0.090.540.50.260.08-0.13-0.190.460.02-0.310.57-0.34-0.05
-0.120.170.23-0.22-0.18-0.05-0.210.1-0.15-0.12-0.170.940.170.590.430.0-0.1-0.120.580.37-0.090.64-0.12-0.32-0.05
0.97-0.680.690.970.980.980.980.08-0.150.820.61-0.130.72-0.31-0.220.130.98-0.550.09-0.280.950.050.310.640.9
0.68-0.910.320.760.710.850.72-0.06-0.120.820.22-0.070.56-0.33-0.260.220.9-0.390.080.010.650.00.240.550.58
0.750.060.720.650.690.590.71-0.29-0.170.610.22-0.260.47-0.46-0.26-0.210.5-0.260.12-0.740.770.21-0.220.50.82
-0.140.040.1-0.19-0.17-0.06-0.180.20.94-0.13-0.07-0.260.060.630.480.33-0.07-0.110.490.5-0.120.480.05-0.36-0.12
0.76-0.330.870.610.730.790.65-0.090.170.720.560.470.06-0.22-0.27-0.190.71-0.530.39-0.460.80.52-0.150.610.83
-0.350.21-0.17-0.39-0.31-0.26-0.350.540.59-0.31-0.33-0.460.63-0.220.910.15-0.270.370.020.69-0.33-0.040.39-0.82-0.33
-0.260.19-0.19-0.3-0.22-0.17-0.240.50.43-0.22-0.26-0.260.48-0.270.910.14-0.190.54-0.060.59-0.24-0.160.33-0.88-0.23
0.03-0.39-0.240.150.080.080.120.260.00.130.22-0.210.33-0.190.150.140.18-0.04-0.130.36-0.01-0.330.42-0.06-0.12
0.92-0.780.610.930.940.980.930.08-0.10.980.90.5-0.070.71-0.27-0.190.18-0.520.11-0.170.90.050.310.60.84
-0.60.41-0.57-0.6-0.57-0.51-0.54-0.13-0.12-0.55-0.39-0.26-0.11-0.530.370.54-0.04-0.52-0.490.16-0.59-0.46-0.13-0.73-0.53
0.170.070.490.080.080.170.06-0.190.580.090.080.120.490.390.02-0.06-0.130.11-0.490.050.190.93-0.280.150.23
-0.43-0.25-0.53-0.28-0.37-0.27-0.330.460.37-0.280.01-0.740.5-0.460.690.590.36-0.170.160.05-0.47-0.180.59-0.61-0.56
1.0-0.450.850.930.980.940.960.02-0.090.950.650.77-0.120.8-0.33-0.24-0.010.9-0.590.19-0.470.220.150.660.98
0.170.210.60.010.060.160.02-0.310.640.050.00.210.480.52-0.04-0.16-0.330.05-0.460.93-0.180.22-0.490.230.29
0.2-0.42-0.120.370.290.190.340.57-0.120.310.24-0.220.05-0.150.390.330.420.31-0.13-0.280.590.15-0.49-0.13-0.01
0.67-0.420.550.680.640.60.64-0.34-0.320.640.550.5-0.360.61-0.82-0.88-0.060.6-0.730.15-0.610.660.23-0.130.63
0.97-0.340.890.860.940.910.9-0.05-0.050.90.580.82-0.120.83-0.33-0.23-0.120.84-0.530.23-0.560.980.29-0.010.63
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Public Service Account Relationship Matchups

Public Service fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.7B50.1B49.0B48.7B50.7B46.9B
Other Current Liab1.2B1.4B1.5B1.6B1.4B1.1B
Total Current Liabilities5.0B5.5B7.1B6.7B5.1B5.1B
Total Stockholder Equity15.1B16.0B14.4B13.7B15.5B15.0B
Property Plant And Equipment Net36.1B37.8B34.6B36.1B38.2B33.9B
Net Debt16.3B17.0B18.8B20.0B20.4B14.5B
Retained Earnings11.4B12.3B10.6B10.6B12.0B10.8B
Accounts Payable1.4B1.3B1.3B1.3B1.2B1.1B
Cash147M543M846M492M54M51.3M
Non Current Assets Total44.5B46.4B42.7B44.4B47.4B42.0B
Non Currrent Assets Other4.0B4.2B3.9B4.7B8.9B9.4B
Other Assets7.5B8.0B7.7B7.7B8.9B7.6B
Cash And Short Term Investments260M603M846M492M54M51.3M
Net Receivables1.6B1.7B2.1B2.3B1.7B1.9B
Short Term Investments11M113M60M23M26.5M25.1M
Non Current Liabilities Total27.6B28.5B27.5B28.3B30.2B25.8B
Inventory897M878M744M960M1.0B745.6M
Other Current Assets753M635M570M2.6B612M923.4M
Other Stockholder Equity(831M)(861M)(896M)(1.4B)(1.4B)(1.4B)
Total Liab32.6B34.1B34.6B35.0B35.3B31.9B
Total Current Assets3.2B3.6B6.3B4.3B3.4B4.2B
Intangible Assets149M158M20M14M16.1M15.3M
Common Stock5.0B5.0B5.0B5.1B5.0B5.5B
Short Long Term Debt Total16.5B17.5B19.7B20.5B20.4B16.3B
Liabilities And Stockholders Equity47.7B50.1B49.0B48.7B50.7B48.0B
Accumulated Other Comprehensive Income(489M)(504M)(350M)(550M)(179M)(188.0M)
Short Term Debt2.5B2.8B4.3B3.8B2.5B2.3B
Long Term Debt12.1B13.2B13.7B14.5B16.7B14.2B
Treasury Stock(763M)(808M)(831M)(861M)(774.9M)(813.6M)
Property Plant Equipment36.1B37.8B34.6B36.1B41.5B37.7B
Other Liab13.6B13.8B12.1B11.6B10.5B10.2B
Net Tangible Assets14.9B15.8B14.4B13.7B15.8B15.9B
Deferred Long Term Liab3.7B3.9B3.6B4.4B5.1B4.1B

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