Provident Total Liab vs Accounts Payable Analysis

PFS Stock  USD 20.96  0.30  1.45%   
Provident Financial financial indicator trend analysis is much more than just breaking down Provident Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Financial is a good investment. Please check the relationship between Provident Financial Total Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Financial Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Provident Financial's Total Liab and Accounts Payable is 0.18. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Provident Financial Services, assuming nothing else is changed. The correlation between historical values of Provident Financial's Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Provident Financial Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Provident Financial's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Provident Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Provident Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Provident Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Provident Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Provident Financial's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 104.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit414.2M462.3M404.0M265.5M
Total Revenue452.8M505.3M451.4M296.6M

Provident Financial fundamental ratios Correlations

0.980.670.950.820.650.510.420.850.46-0.530.23-0.360.610.340.480.130.86-0.30.540.920.820.460.910.65-0.16
0.980.650.910.80.620.60.50.920.47-0.50.19-0.20.590.430.480.210.86-0.240.550.840.740.380.960.56-0.06
0.670.650.520.550.930.12-0.040.460.42-0.85-0.44-0.440.310.050.31-0.370.5-0.180.580.570.57-0.050.60.29-0.23
0.950.910.520.810.530.340.340.730.35-0.440.28-0.430.450.260.270.10.74-0.440.420.940.890.570.780.67-0.32
0.820.80.550.810.570.330.180.670.12-0.340.18-0.610.510.110.39-0.010.78-0.520.240.830.860.740.780.87-0.46
0.650.620.930.530.570.0-0.170.380.52-0.91-0.5-0.480.23-0.050.25-0.510.55-0.250.680.520.66-0.060.530.4-0.26
0.510.60.120.340.330.00.860.820.230.180.590.410.640.640.580.750.580.190.190.320.070.160.740.160.61
0.420.5-0.040.340.18-0.170.860.690.180.270.620.480.580.870.530.930.320.230.110.250.070.170.590.020.58
0.850.920.460.730.670.380.820.690.38-0.230.350.090.690.540.590.470.85-0.030.410.670.470.330.970.450.18
0.460.470.420.350.120.520.230.180.38-0.64-0.10.110.230.30.38-0.060.480.370.980.20.26-0.250.450.110.33
-0.53-0.5-0.85-0.44-0.34-0.910.180.27-0.23-0.640.60.39-0.080.07-0.170.58-0.420.11-0.77-0.4-0.520.22-0.38-0.220.25
0.230.19-0.440.280.18-0.50.590.620.35-0.10.60.10.440.350.280.720.270.0-0.210.330.10.570.240.310.29
-0.36-0.2-0.44-0.43-0.61-0.480.410.480.090.110.390.1-0.080.440.020.57-0.230.57-0.03-0.59-0.7-0.58-0.08-0.680.81
0.610.590.310.450.510.230.640.580.690.23-0.080.44-0.080.510.930.430.660.230.240.510.380.360.680.560.15
0.340.430.050.260.11-0.050.640.870.540.30.070.350.440.510.580.780.20.350.240.130.10.030.5-0.020.52
0.480.480.310.270.390.250.580.530.590.38-0.170.280.020.930.580.380.580.380.370.30.250.20.610.460.28
0.130.21-0.370.1-0.01-0.510.750.930.47-0.060.580.720.570.430.780.380.090.26-0.190.03-0.170.210.33-0.090.57
0.860.860.50.740.780.550.580.320.850.48-0.420.27-0.230.660.20.580.09-0.140.540.730.630.430.880.73-0.02
-0.3-0.24-0.18-0.44-0.52-0.250.190.23-0.030.370.110.00.570.230.350.380.26-0.140.25-0.47-0.57-0.51-0.12-0.40.58
0.540.550.580.420.240.680.190.110.410.98-0.77-0.21-0.030.240.240.37-0.190.540.250.30.38-0.230.50.190.21
0.920.840.570.940.830.520.320.250.670.2-0.40.33-0.590.510.130.30.030.73-0.470.30.860.640.730.71-0.41
0.820.740.570.890.860.660.070.070.470.26-0.520.1-0.70.380.10.25-0.170.63-0.570.380.860.610.590.8-0.5
0.460.38-0.050.570.74-0.060.160.170.33-0.250.220.57-0.580.360.030.20.210.43-0.51-0.230.640.610.370.8-0.52
0.910.960.60.780.780.530.740.590.970.45-0.380.24-0.080.680.50.610.330.88-0.120.50.730.590.370.540.07
0.650.560.290.670.870.40.160.020.450.11-0.220.31-0.680.56-0.020.46-0.090.73-0.40.190.710.80.80.54-0.47
-0.16-0.06-0.23-0.32-0.46-0.260.610.580.180.330.250.290.810.150.520.280.57-0.020.580.21-0.41-0.5-0.520.07-0.47
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Provident Financial Account Relationship Matchups

Provident Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B12.9B13.8B13.8B14.2B8.8B
Total Stockholder Equity1.4B1.6B1.7B1.6B1.7B1.2B
Other Liab84.8M261.0M213.0M89.1M102.4M82.2M
Retained Earnings695.3M718.1M814.5M918.2M974.5M548.3M
Accounts Payable7.1B9.8B11.2B10.6B12.1B12.8B
Cash186.7M532.4M712.5M186.5M180.2M172.6M
Other Assets6.7B9.1B7.9B9.0B11.4B8.8B
Long Term Debt1.1B1.2B637.1M1.3B1.5B1.0B
Good Will420.6M443.0M444.4M443.6M510.2M380.1M
Short Term Investments976.9M1.1B2.1B1.8B14K13.3K
Inventory(235.4M)(602.7M)(789.1M)(263.9M)121.3M127.3M
Total Liab1.1B1.2B637.1M12.2B12.5B6.3B
Intangible Assets437.0M23.2M19.8M17.3M14.3M13.6M
Property Plant Equipment55.2M75.9M80.6M79.8M91.8M73.7M
Short Long Term Debt Total2.0B2.1B1.1B2.2B1.5B1.6B
Property Plant And Equipment Net55.2M75.9M80.6M79.8M71.0M75.2M
Net Debt938.4M668.8M(75.4M)1.2B1.3B995.8M
Non Current Assets Total1.9B2.1B3.0B2.7B2.6B2.2B
Non Currrent Assets Other(35.6M)(51.7M)(55.6M)(126.7M)(2.6B)(2.5B)
Cash And Short Term Investments1.2B1.6B2.8B2.0B180.3M171.2M
Net Receivables29.0M46.5M42.0M51.9M59.0M31.3M
Common Stock Shares Outstanding64.7M69.6M76.6M74.8M74.9M69.3M
Liabilities And Stockholders Equity9.8B12.9B13.8B13.8B14.2B9.0B
Non Current Liabilities Total1.1B1.2B637.1M12.2B12.5B13.1B
Other Stockholder Equity713.9M883.2M874.9M843.8M861.2M740.4M
Property Plant And Equipment Gross55.2M75.9M196.6M196.1M192.9M202.5M
Total Current Assets1.2B1.7B2.8B2.0B239.2M227.3M
Accumulated Other Comprehensive Income3.8M17.7M6.9M(165.0M)(146.0M)(138.7M)
Other Current Assets235.4M602.7M789.1M263.9M250.9M238.3M
Total Current Liabilities6.2B8.3B9.5B9.8B8.0B6.6B
Treasury Stock(268.5M)(59.0M)(79.6M)(127.2M)(146.2M)(153.5M)
Short Term Debt856.2M886.6M443.0M881.9M1.1B740.4M
Other Current Liab5.4B7.4B9.1B9.0B6.9B6.7B
Net Tangible Assets976.8M1.2B1.2B1.1B1.3B938.8M
Retained Earnings Total Equity695.3M718.1M814.5M918.2M1.1B627.8M
Long Term Debt Total1.1B1.2B637.1M1.3B1.6B1.4B
Capital Surpluse1.0B962.5M969.8M981.1M883.0M802.5M
Long Term Investments8.7B11.3B2.5B2.2B2.1B2.0B

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