Pact Retained Earnings vs Cash And Short Term Investments Analysis

PGH Stock

0.81 0.01 1.22%

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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pact Group Holdings Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Pact Group's Retained Earnings and Cash And Short Term Investments is -0.64. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Pact Group Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Pact Group's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Pact Group Holdings balance sheet. This account contains Pact Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pact Group Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Income	118.2M	129.1M	228.2M	161.0M
Total Revenue	1.8B	1.9B	1.8B	1.6B

Operating Income Total Revenue

Pact Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding
Total Assets		0.69	0.72	-0.02	-0.74	0.84	0.94	-0.33	-0.46	-0.04	0.97	0.65	0.59	0.43	0.74	0.93	0.69	0.9	0.76	0.96	0.88	0.98	-0.76	0.92	0.81	0.64
Other Current Liab	0.69		0.5	0.48	-0.59	0.7	0.74	-0.27	-0.64	-0.41	0.66	0.59	0.11	-0.06	0.72	0.58	0.82	0.42	0.76	0.55	0.38	0.62	-0.37	0.68	0.53	0.46
Total Current Liabilities	0.72	0.5		-0.06	-0.38	0.61	0.66	-0.4	-0.42	-0.17	0.74	0.44	0.67	0.35	0.36	0.74	0.44	0.73	0.57	0.77	0.72	0.78	-0.54	0.74	0.71	0.7
Other Liab	-0.02	0.48	-0.06		-0.06	0.38	0.08	-0.04	-0.27	-0.55	0.04	0.5	-0.45	-0.55	0.25	-0.2	0.62	-0.39	0.37	-0.27	-0.42	-0.14	0.31	-0.02	-0.09	0.04
Retained Earnings	-0.74	-0.59	-0.38	-0.06		-0.71	-0.75	0.16	0.29	0.04	-0.75	-0.53	-0.12	-0.21	-0.89	-0.65	-0.52	-0.63	-0.44	-0.63	-0.61	-0.64	0.52	-0.64	-0.64	-0.4
Accounts Payable	0.84	0.7	0.61	0.38	-0.71		0.85	-0.1	-0.34	-0.23	0.87	0.8	0.28	0.08	0.8	0.72	0.78	0.6	0.81	0.7	0.57	0.76	-0.4	0.79	0.72	0.61
Cash	0.94	0.74	0.66	0.08	-0.75	0.85		-0.34	-0.51	-0.14	0.95	0.67	0.43	0.31	0.79	0.86	0.69	0.79	0.77	0.86	0.75	0.88	-0.69	0.97	0.75	0.58
Other Assets	-0.33	-0.27	-0.4	-0.04	0.16	-0.1	-0.34		0.65	0.23	-0.39	-0.32	-0.32	-0.09	-0.11	-0.28	-0.36	-0.32	-0.31	-0.34	-0.31	-0.37	0.4	-0.4	-0.25	-0.16
Long Term Debt	-0.46	-0.64	-0.42	-0.27	0.29	-0.34	-0.51	0.65		0.64	-0.47	-0.62	-0.08	0.3	-0.45	-0.48	-0.56	-0.29	-0.65	-0.42	-0.26	-0.43	0.23	-0.49	-0.44	-0.09
Net Receivables	-0.04	-0.41	-0.17	-0.55	0.04	-0.23	-0.14	0.23	0.64		-0.07	-0.64	0.32	0.57	-0.25	-0.04	-0.38	0.2	-0.4	0.04	0.23	0.0	-0.23	-0.1	-0.05	-0.13
Inventory	0.97	0.66	0.74	0.04	-0.75	0.87	0.95	-0.39	-0.47	-0.07		0.7	0.58	0.35	0.74	0.92	0.65	0.87	0.75	0.92	0.84	0.94	-0.69	0.94	0.86	0.68
Other Current Assets	0.65	0.59	0.44	0.5	-0.53	0.8	0.67	-0.32	-0.62	-0.64	0.7		0.05	-0.18	0.71	0.58	0.72	0.36	0.79	0.51	0.33	0.56	-0.25	0.59	0.55	0.43
Total Liab	0.59	0.11	0.67	-0.45	-0.12	0.28	0.43	-0.32	-0.08	0.32	0.58	0.05		0.69	-0.07	0.6	0.12	0.81	0.2	0.74	0.82	0.72	-0.68	0.6	0.54	0.65
Intangible Assets	0.43	-0.06	0.35	-0.55	-0.21	0.08	0.31	-0.09	0.3	0.57	0.35	-0.18	0.69		-0.03	0.38	-0.05	0.65	-0.12	0.53	0.67	0.51	-0.84	0.37	0.15	0.39
Common Stock	0.74	0.72	0.36	0.25	-0.89	0.8	0.79	-0.11	-0.45	-0.25	0.74	0.71	-0.07	-0.03		0.69	0.65	0.49	0.7	0.6	0.47	0.61	-0.37	0.64	0.64	0.3
Property Plant Equipment	0.93	0.58	0.74	-0.2	-0.65	0.72	0.86	-0.28	-0.48	-0.04	0.92	0.58	0.6	0.38	0.69		0.45	0.9	0.7	0.96	0.89	0.93	-0.67	0.86	0.9	0.61
Good Will	0.69	0.82	0.44	0.62	-0.52	0.78	0.69	-0.36	-0.56	-0.38	0.65	0.72	0.12	-0.05	0.65	0.45		0.37	0.81	0.49	0.33	0.61	-0.37	0.61	0.38	0.35
Short Long Term Debt Total	0.9	0.42	0.73	-0.39	-0.63	0.6	0.79	-0.32	-0.29	0.2	0.87	0.36	0.81	0.65	0.49	0.9	0.37		0.47	0.97	1.0	0.95	-0.84	0.83	0.77	0.64
Total Stockholder Equity	0.76	0.76	0.57	0.37	-0.44	0.81	0.77	-0.31	-0.65	-0.4	0.75	0.79	0.2	-0.12	0.7	0.7	0.81	0.47		0.66	0.43	0.7	-0.29	0.74	0.66	0.41
Property Plant And Equipment Net	0.96	0.55	0.77	-0.27	-0.63	0.7	0.86	-0.34	-0.42	0.04	0.92	0.51	0.74	0.53	0.6	0.96	0.49	0.97	0.66		0.96	0.99	-0.79	0.89	0.83	0.66
Net Debt	0.88	0.38	0.72	-0.42	-0.61	0.57	0.75	-0.31	-0.26	0.23	0.84	0.33	0.82	0.67	0.47	0.89	0.33	1.0	0.43	0.96		0.93	-0.84	0.8	0.76	0.62
Non Current Assets Total	0.98	0.62	0.78	-0.14	-0.64	0.76	0.88	-0.37	-0.43	0.0	0.94	0.56	0.72	0.51	0.61	0.93	0.61	0.95	0.7	0.99	0.93		-0.8	0.91	0.79	0.67
Non Currrent Assets Other	-0.76	-0.37	-0.54	0.31	0.52	-0.4	-0.69	0.4	0.23	-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
Cash And Short Term Investments	0.92	0.68	0.74	-0.02	-0.64	0.79	0.97	-0.4	-0.49	-0.1	0.94	0.59	0.6	0.37	0.64	0.86	0.61	0.83	0.74	0.89	0.8	0.91	-0.71		0.77	0.66
Common Stock Total Equity	0.81	0.53	0.71	-0.09	-0.64	0.72	0.75	-0.25	-0.44	-0.05	0.86	0.55	0.54	0.15	0.64	0.9	0.38	0.77	0.66	0.83	0.76	0.79	-0.42	0.77		0.66
Common Stock Shares Outstanding	0.64	0.46	0.7	0.04	-0.4	0.61	0.58	-0.16	-0.09	-0.13	0.68	0.43	0.65	0.39	0.3	0.61	0.35	0.64	0.41	0.66	0.62	0.67	-0.47	0.66	0.66

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Pact Group Account Relationship Matchups

Pact Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.1B	2.2B	2.2B	2.0B	1.8B
Other Current Liab	159.7M	96.7M	117.1M	100.6M	114.0M	110.7M
Total Current Liabilities	511.5M	491.2M	537.2M	532.4M	537.6M	461.9M
Other Liab	27.9M	30.2M	28.2M	25.9M	29.7M	28.2M
Retained Earnings	(476.6M)	(416.2M)	(436.7M)	(448.3M)	(373.5M)	(392.1M)
Accounts Payable	261.4M	273.2M	319.5M	327.9M	309.4M	280.6M
Cash	76.0M	62.2M	101.5M	79.1M	68.2M	53.5M
Other Assets	22.9M	36.1M	1.0	48.2M	43.4M	26.3M
Long Term Debt	689.5M	647.2M	659.9M	663.6M	484.1M	640.1M
Net Receivables	162.0M	129.3M	138.5M	104.4M	99.9M	94.9M
Inventory	223.7M	242.7M	284.6M	252.2M	244.9M	197.3M
Other Current Assets	14.8M	68.7M	56.3M	73.0M	67.1M	49.0M
Total Liab	1.8B	1.7B	1.8B	1.8B	1.5B	1.5B
Intangible Assets	456.1M	459.4M	425.7M	428.5M	496K	471.2K
Property Plant Equipment	996.0M	1.0B	1.0B	1.0B	1.2B	776.0M
Good Will	442.5M	447.4M	425.2M	428.0M	314.1M	433.5M
Short Long Term Debt Total	1.1B	1.1B	1.1B	1.2B	996.4M	909.7M
Total Stockholder Equity	372.6M	431.9M	423.8M	408.7M	474.2M	424.7M
Property Plant And Equipment Net	996.0M	1.0B	1.0B	1.0B	969.4M	853.0M
Net Debt	1.1B	1.1B	1.0B	1.1B	928.2M	847.1M
Non Current Assets Total	1.6B	1.7B	1.7B	1.7B	1.5B	1.4B
Non Currrent Assets Other	(439.6M)	(445.4M)	(423.1M)	(426.8M)	413K	433.7K
Cash And Short Term Investments	76.0M	62.2M	101.5M	79.1M	69.4M	62.5M
Common Stock Shares Outstanding	345.3M	346.2M	346.9M	344.3M	346.2M	342.8M
Short Term Investments	784K	1.7M	4.2M	1.7M	1.1M	1.4M
Liabilities And Stockholders Equity	2.1B	2.1B	2.2B	2.2B	2.0B	1.9B
Non Current Liabilities Total	1.2B	1.2B	1.2B	1.3B	940.4M	953.6M
Other Stockholder Equity	(1.3B)	(1.0)	(1.3B)	(1.3B)	(1.5B)	(1.6B)
Property Plant And Equipment Gross	996.0M	1.9B	2.0B	2.2B	2.0B	1.2B
Total Current Assets	476.5M	465.0M	538.8M	510.4M	480.8M	447.9M
Accumulated Other Comprehensive Income	(901.3M)	(902.4M)	(891.3M)	(894.7M)	(904.1M)	(949.3M)
Short Term Debt	69.2M	45.7M	74.4M	81.8M	81.3M	55.5M
Net Tangible Assets	(83.4M)	(27.5M)	(1.9M)	(19.8M)	(22.8M)	(23.9M)
Current Deferred Revenue	21.2M	25.2M	13.1M	11.1M	32.8M	34.4M
Long Term Investments	31.0M	35.1M	54.2M	49.4M	143.4M	150.6M
Short Long Term Debt	667.3M	1.8M	2.4M	1.0M	3.1M	2.9M
Long Term Debt Total	1.1B	1.0B	1.1B	1.1B	1.3B	956.8M
Non Current Liabilities Other	616K	4.3M	8.5M	8.3M	9.6M	4.9M

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