0Y5X Stock | | | 108.99 0.13 0.12% |
Pentair PLC financial indicator trend analysis is much more than just breaking down Pentair PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pentair PLC is a good investment. Please check the relationship between Pentair PLC Non Current Liabilities Total and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pentair PLC. 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.
For more information on how to buy Pentair Stock please use our
How to Invest in Pentair PLC guide.
Non Current Liabilities Total vs Total Assets
Non Current Liabilities Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pentair PLC Non Current Liabilities Total account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pentair PLC's Non Current Liabilities Total and Total Assets is 0.7. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Pentair PLC, assuming nothing else is changed. The correlation between historical values of Pentair PLC's Non Current Liabilities Total 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 Non Current Liabilities Total of Pentair PLC 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 Non Current Liabilities Total i.e., Pentair PLC's Non Current Liabilities Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Total Assets
Total assets refers to the total amount of Pentair PLC 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 Pentair PLC 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 Pentair PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pentair PLC 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 Pentair PLC. 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.
For more information on how to buy Pentair Stock please use our
How to Invest in Pentair PLC guide.
Tax Provision is likely to drop to about 48.2
M in 2024.
Discontinued Operations is likely to gain to about (2
M) in 2024
Pentair PLC fundamental ratios Correlations
Click cells to compare fundamentals
Pentair PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pentair PLC fundamental ratios Accounts
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Additional Tools for Pentair Stock Analysis
When running Pentair PLC's price analysis, check to
measure Pentair PLC'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 Pentair PLC is operating at the current time. Most of Pentair PLC's value examination focuses on studying past and present price action to
predict the probability of Pentair PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pentair PLC's price. Additionally, you may evaluate how the addition of Pentair PLC to your portfolios can decrease your overall portfolio volatility.