Pact Good Will vs Common Stock Total Equity Analysis

PGH Stock   0.82  0.01  1.23%   
Pact Group financial indicator trend analysis is much more than just breaking down Pact Group Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pact Group Holdings is a good investment. Please check the relationship between Pact Group Good Will and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pact Group Holdings. 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.

Good Will vs Common Stock Total Equity

Good Will vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pact Group Holdings Good Will account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pact Group's Good Will and Common Stock Total Equity is 0.38. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Pact Group Holdings, assuming nothing else is changed. The correlation between historical values of Pact Group's Good Will and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Pact Group Holdings are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Good Will i.e., Pact Group's Good Will and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Pact Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pact Group Holdings 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 Pact Group Holdings. 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.
Selling General Administrative is likely to drop to about 685.2 M in 2024. Tax Provision is likely to drop to about 4.4 M in 2024
 2021 2022 2023 2024 (projected)
Operating Income118.2M129.1M228.2M161.0M
Total Revenue1.8B1.9B1.8B1.6B

Pact Group fundamental ratios Correlations

0.690.72-0.02-0.740.840.94-0.33-0.46-0.040.970.650.590.430.740.930.690.90.760.960.880.98-0.760.920.810.64
0.690.50.48-0.590.70.74-0.27-0.64-0.410.660.590.11-0.060.720.580.820.420.760.550.380.62-0.370.680.530.46
0.720.5-0.06-0.380.610.66-0.4-0.42-0.170.740.440.670.350.360.740.440.730.570.770.720.78-0.540.740.710.7
-0.020.48-0.06-0.060.380.08-0.04-0.27-0.550.040.5-0.45-0.550.25-0.20.62-0.390.37-0.27-0.42-0.140.31-0.02-0.090.04
-0.74-0.59-0.38-0.06-0.71-0.750.160.290.04-0.75-0.53-0.12-0.21-0.89-0.65-0.52-0.63-0.44-0.63-0.61-0.640.52-0.64-0.64-0.4
0.840.70.610.38-0.710.85-0.1-0.34-0.230.870.80.280.080.80.720.780.60.810.70.570.76-0.40.790.720.61
0.940.740.660.08-0.750.85-0.34-0.51-0.140.950.670.430.310.790.860.690.790.770.860.750.88-0.690.970.750.58
-0.33-0.27-0.4-0.040.16-0.1-0.340.650.23-0.39-0.32-0.32-0.09-0.11-0.28-0.36-0.32-0.31-0.34-0.31-0.370.4-0.4-0.25-0.16
-0.46-0.64-0.42-0.270.29-0.34-0.510.650.64-0.47-0.62-0.080.3-0.45-0.48-0.56-0.29-0.65-0.42-0.26-0.430.23-0.49-0.44-0.09
-0.04-0.41-0.17-0.550.04-0.23-0.140.230.64-0.07-0.640.320.57-0.25-0.04-0.380.2-0.40.040.230.0-0.23-0.1-0.05-0.13
0.970.660.740.04-0.750.870.95-0.39-0.47-0.070.70.580.350.740.920.650.870.750.920.840.94-0.690.940.860.68
0.650.590.440.5-0.530.80.67-0.32-0.62-0.640.70.05-0.180.710.580.720.360.790.510.330.56-0.250.590.550.43
0.590.110.67-0.45-0.120.280.43-0.32-0.080.320.580.050.69-0.070.60.120.810.20.740.820.72-0.680.60.540.65
0.43-0.060.35-0.55-0.210.080.31-0.090.30.570.35-0.180.69-0.030.38-0.050.65-0.120.530.670.51-0.840.370.150.39
0.740.720.360.25-0.890.80.79-0.11-0.45-0.250.740.71-0.07-0.030.690.650.490.70.60.470.61-0.370.640.640.3
0.930.580.74-0.2-0.650.720.86-0.28-0.48-0.040.920.580.60.380.690.450.90.70.960.890.93-0.670.860.90.61
0.690.820.440.62-0.520.780.69-0.36-0.56-0.380.650.720.12-0.050.650.450.370.810.490.330.61-0.370.610.380.35
0.90.420.73-0.39-0.630.60.79-0.32-0.290.20.870.360.810.650.490.90.370.470.971.00.95-0.840.830.770.64
0.760.760.570.37-0.440.810.77-0.31-0.65-0.40.750.790.2-0.120.70.70.810.470.660.430.7-0.290.740.660.41
0.960.550.77-0.27-0.630.70.86-0.34-0.420.040.920.510.740.530.60.960.490.970.660.960.99-0.790.890.830.66
0.880.380.72-0.42-0.610.570.75-0.31-0.260.230.840.330.820.670.470.890.331.00.430.960.93-0.840.80.760.62
0.980.620.78-0.14-0.640.760.88-0.37-0.430.00.940.560.720.510.610.930.610.950.70.990.93-0.80.910.790.67
-0.76-0.37-0.540.310.52-0.4-0.690.40.23-0.23-0.69-0.25-0.68-0.84-0.37-0.67-0.37-0.84-0.29-0.79-0.84-0.8-0.71-0.42-0.47
0.920.680.74-0.02-0.640.790.97-0.4-0.49-0.10.940.590.60.370.640.860.610.830.740.890.80.91-0.710.770.66
0.810.530.71-0.09-0.640.720.75-0.25-0.44-0.050.860.550.540.150.640.90.380.770.660.830.760.79-0.420.770.66
0.640.460.70.04-0.40.610.58-0.16-0.09-0.130.680.430.650.390.30.610.350.640.410.660.620.67-0.470.660.66
Click cells to compare fundamentals

Pact Group Account Relationship Matchups

Pact Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.1B2.2B2.2B2.0B1.8B
Other Current Liab159.7M96.7M117.1M100.6M114.0M110.7M
Total Current Liabilities511.5M491.2M537.2M532.4M537.6M461.9M
Other Liab27.9M30.2M28.2M25.9M29.7M28.2M
Retained Earnings(476.6M)(416.2M)(436.7M)(448.3M)(373.5M)(392.1M)
Accounts Payable261.4M273.2M319.5M327.9M309.4M280.6M
Cash76.0M62.2M101.5M79.1M68.2M53.5M
Other Assets22.9M36.1M1.048.2M43.4M26.3M
Long Term Debt689.5M647.2M659.9M663.6M484.1M640.1M
Net Receivables162.0M129.3M138.5M104.4M99.9M94.9M
Inventory223.7M242.7M284.6M252.2M244.9M197.3M
Other Current Assets14.8M68.7M56.3M73.0M67.1M49.0M
Total Liab1.8B1.7B1.8B1.8B1.5B1.5B
Intangible Assets456.1M459.4M425.7M428.5M496K471.2K
Property Plant Equipment996.0M1.0B1.0B1.0B1.2B776.0M
Good Will442.5M447.4M425.2M428.0M314.1M433.5M
Short Long Term Debt Total1.1B1.1B1.1B1.2B996.4M909.7M
Total Stockholder Equity372.6M431.9M423.8M408.7M474.2M424.7M
Property Plant And Equipment Net996.0M1.0B1.0B1.0B969.4M853.0M
Net Debt1.1B1.1B1.0B1.1B928.2M847.1M
Non Current Assets Total1.6B1.7B1.7B1.7B1.5B1.4B
Non Currrent Assets Other(439.6M)(445.4M)(423.1M)(426.8M)413K433.7K
Cash And Short Term Investments76.0M62.2M101.5M79.1M69.4M62.5M
Common Stock Shares Outstanding345.3M346.2M346.9M344.3M346.2M342.8M
Short Term Investments784K1.7M4.2M1.7M1.1M1.4M
Liabilities And Stockholders Equity2.1B2.1B2.2B2.2B2.0B1.9B
Non Current Liabilities Total1.2B1.2B1.2B1.3B940.4M953.6M
Other Stockholder Equity(1.3B)(1.0)(1.3B)(1.3B)(1.5B)(1.6B)
Property Plant And Equipment Gross996.0M1.9B2.0B2.2B2.0B1.2B
Total Current Assets476.5M465.0M538.8M510.4M480.8M447.9M
Accumulated Other Comprehensive Income(901.3M)(902.4M)(891.3M)(894.7M)(904.1M)(949.3M)
Short Term Debt69.2M45.7M74.4M81.8M81.3M55.5M
Net Tangible Assets(83.4M)(27.5M)(1.9M)(19.8M)(22.8M)(23.9M)
Current Deferred Revenue21.2M25.2M13.1M11.1M32.8M34.4M
Long Term Investments31.0M35.1M54.2M49.4M143.4M150.6M
Short Long Term Debt667.3M1.8M2.4M1.0M3.1M2.9M
Long Term Debt Total1.1B1.0B1.1B1.1B1.3B956.8M
Non Current Liabilities Other616K4.3M8.5M8.3M9.6M4.9M

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