PennyMac Interest Income vs Tax Provision Analysis
PFSI Stock | USD 104.02 1.27 1.21% |
PennyMac Finl financial indicator trend analysis is much more than just breaking down PennyMac Finl Svcs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennyMac Finl Svcs is a good investment. Please check the relationship between PennyMac Finl Interest Income and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Finl Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Interest Income vs Tax Provision
Interest Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennyMac Finl Svcs Interest Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PennyMac Finl's Interest Income and Tax Provision is 0.49. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of PennyMac Finl Svcs, assuming nothing else is changed. The correlation between historical values of PennyMac Finl's Interest Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of PennyMac Finl Svcs are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Income i.e., PennyMac Finl's Interest Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from PennyMac Finl's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennyMac Finl Svcs 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 PennyMac Finl Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, PennyMac Finl's Enterprise Value Multiple is increasing as compared to previous years. The PennyMac Finl's current Enterprise Value is estimated to increase to about 5.1 B, while Tax Provision is projected to decrease to under 82.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 90.5M | 50.2M | 637.8M | 669.7M | Depreciation And Amortization | 3.1B | 1.8B | 70.0M | 66.5M |
PennyMac Finl fundamental ratios Correlations
Click cells to compare fundamentals
PennyMac Finl Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PennyMac Finl fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 80.3M | 78.7M | 67.5M | 56.0M | 52.7M | 57.6M | |
Total Assets | 10.2B | 31.6B | 18.8B | 16.8B | 18.8B | 10.6B | |
Short Long Term Debt Total | 7.1B | 26.9B | 14.0B | 11.8B | 13.5B | 7.6B | |
Other Current Liab | 550.7M | (10.2B) | (107.6M) | (347.0M) | 26.1M | 27.4M | |
Total Current Liabilities | 5.1B | 10.9B | 8.6B | 4.5B | 5.5B | 3.9B | |
Total Stockholder Equity | 2.1B | 3.4B | 3.4B | 3.5B | 3.5B | 3.7B | |
Other Liab | 681.1M | 253.5M | 304.9M | 1.3B | 1.5B | 1.5B | |
Property Plant And Equipment Net | 103.6M | 74.9M | 89.0M | 65.9M | 68.9M | 45.8M | |
Net Debt | 6.9B | 26.4B | 13.6B | 10.5B | 12.6B | 7.3B | |
Retained Earnings | 726.4M | 2.3B | 3.3B | 3.5B | 3.5B | 3.7B | |
Accounts Payable | 427.1M | 580.5M | 587.4M | 552.9M | 658.1M | 489.7M | |
Cash | 188.3M | 532.7M | 340.1M | 1.3B | 938.4M | 985.3M | |
Non Current Assets Total | 3.6B | 4.1B | 4.9B | 6.5B | 17.9B | 18.8B | |
Non Currrent Assets Other | 313.9M | 773.0M | 616.6M | (16.3B) | 10.6B | 11.1B | |
Other Assets | 155.5M | 31.1B | 18.3B | 15.4B | 17.7B | 18.6B | |
Long Term Debt | 5.9B | 1.9B | 6.6B | 8.7B | 9.7B | 10.2B | |
Cash And Short Term Investments | 262.9M | 547.9M | 346.9M | 1.3B | 948.6M | 996.1M | |
Net Receivables | 1.1B | 26.4B | 13.0B | 8.3B | 132.3M | 125.6M | |
Short Term Investments | 74.6M | 15.2M | 6.9M | 12.2M | 10.3M | 9.8M | |
Liabilities And Stockholders Equity | 10.2B | 31.6B | 18.8B | 16.8B | 18.8B | 10.6B | |
Non Current Liabilities Total | 3.0B | 17.3B | 6.8B | 8.9B | 10.1B | 10.6B | |
Inventory | 5.7B | 1.3B | 7.5M | (107.0M) | (1.0B) | (972.7M) | |
Other Current Assets | (418.6M) | 903.4M | 904.2M | 803.8M | 151.3M | 143.7M | |
Other Stockholder Equity | 1.3B | 1.0B | 125.4M | (6.9B) | 24.3M | 25.5M | |
Total Liab | 8.1B | 28.2B | 15.4B | 13.4B | 15.3B | 8.6B | |
Property Plant And Equipment Gross | 103.6M | 74.9M | 89.0M | 65.9M | 132.6M | 139.2M | |
Total Current Assets | 6.6B | 27.5B | 13.9B | 10.3B | 938.4M | 891.5M | |
Short Term Debt | 4.1B | 9.7B | 7.3B | 3.3B | 3.8B | 3.1B | |
Intangible Assets | 3.0B | 2.6B | 3.9B | 6.0B | 7.2B | 7.6B | |
Property Plant Equipment | 103.6M | 74.9M | 89.0M | 94.2M | 108.4M | 113.8M | |
Retained Earnings Total Equity | 726.4M | 2.3B | 3.3B | 3.5B | 4.0B | 4.2B | |
Net Tangible Assets | 2.0B | 3.4B | 3.4B | 3.5B | 4.0B | 4.2B | |
Long Term Investments | 1.7M | 12.3B | 1.3M | 929K | 1.1M | 1.1M | |
Short Long Term Debt | 4.1B | 9.7B | 7.3B | 3.0B | 3.8B | 4.2B | |
Long Term Debt Total | 1.3B | 1.9B | 1.8B | 2.3B | 2.6B | 1.3B |
Currently Active Assets on Macroaxis
When determining whether PennyMac Finl Svcs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PennyMac Finl's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pennymac Finl Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pennymac Finl Svcs Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Finl Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Commercial & Residential Mortgage Finance 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 PennyMac Finl. If investors know PennyMac 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 PennyMac Finl 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 (0.27) | Dividend Share 1 | Earnings Share 3.18 | Revenue Per Share 54.823 | Quarterly Revenue Growth 4.826 |
The market value of PennyMac Finl Svcs is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Finl's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Finl'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 PennyMac Finl's market value can be influenced by many factors that don't directly affect PennyMac Finl'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 PennyMac Finl's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Finl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Finl'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.