Prudential Cash vs Accounts Payable Analysis

PRU Stock   628.40  1.40  0.22%   
Prudential Plc financial indicator trend analysis is much more than just breaking down Prudential plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential plc is a good investment. Please check the relationship between Prudential Plc Cash and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential 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 bureau of economic analysis.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential plc Cash account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Prudential Plc's Cash and Accounts Payable is -0.03. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Prudential plc, assuming nothing else is changed. The correlation between historical values of Prudential Plc's Cash 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 Cash of Prudential plc 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 Cash i.e., Prudential Plc's Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Prudential plc, which is listed under current asset account on Prudential plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Prudential Plc customers. The amounts must be unrestricted with restricted cash listed in a different Prudential Plc account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Accounts Payable

An accounting item on the balance sheet that represents Prudential Plc 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 Prudential plc 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 Prudential Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential 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 bureau of economic analysis.
As of December 23, 2024, Selling General Administrative is expected to decline to about 2.7 B. In addition to that, Tax Provision is expected to decline to about 368.3 M

Prudential Plc fundamental ratios Correlations

0.750.49-0.360.070.630.93-0.160.390.590.360.190.121.0-0.58-0.03-0.420.80.070.430.770.630.310.70.270.09
0.750.54-0.430.110.80.79-0.50.470.430.38-0.280.40.74-0.630.4-0.430.35-0.010.550.340.50.330.470.480.21
0.490.54-0.590.050.380.34-0.510.480.450.66-0.260.850.46-0.70.23-0.740.57-0.290.110.450.870.230.24-0.290.21
-0.36-0.43-0.59-0.42-0.1-0.39-0.02-0.29-0.04-0.93-0.15-0.43-0.340.95-0.250.91-0.2-0.130.02-0.21-0.4-0.55-0.30.39-0.84
0.070.110.05-0.42-0.470.210.39-0.01-0.310.380.35-0.130.06-0.40.04-0.27-0.070.15-0.110.14-0.040.540.26-0.230.36
0.630.80.38-0.1-0.470.6-0.60.460.590.14-0.40.360.62-0.310.24-0.210.36-0.050.610.230.47-0.030.260.54-0.06
0.930.790.34-0.390.210.6-0.020.420.480.350.21-0.010.93-0.60.17-0.40.590.290.570.640.450.350.670.370.23
-0.16-0.5-0.51-0.020.39-0.6-0.02-0.38-0.42-0.050.89-0.75-0.140.12-0.340.15-0.110.66-0.230.19-0.360.160.3-0.330.12
0.390.470.48-0.29-0.010.460.42-0.380.830.34-0.430.560.37-0.420.44-0.570.35-0.020.740.110.41-0.13-0.01-0.050.25
0.590.430.45-0.04-0.310.590.48-0.420.830.11-0.30.430.58-0.250.09-0.390.7-0.20.630.370.51-0.250.120.02-0.08
0.360.380.66-0.930.380.140.35-0.050.340.110.110.50.33-0.90.12-0.890.280.070.030.290.580.580.26-0.440.68
0.19-0.28-0.26-0.150.35-0.40.210.89-0.43-0.30.11-0.660.21-0.07-0.540.020.240.54-0.310.55-0.020.310.58-0.30.05
0.120.40.85-0.43-0.130.36-0.01-0.750.560.430.5-0.660.09-0.490.4-0.620.21-0.470.14-0.030.61-0.04-0.18-0.240.22
1.00.740.46-0.340.060.620.93-0.140.370.580.330.210.09-0.56-0.04-0.40.80.080.420.770.610.30.70.280.08
-0.58-0.63-0.70.95-0.4-0.31-0.60.12-0.42-0.25-0.9-0.07-0.49-0.56-0.260.92-0.4-0.03-0.14-0.34-0.54-0.53-0.380.27-0.72
-0.030.40.23-0.250.040.240.17-0.340.440.090.12-0.540.4-0.04-0.26-0.25-0.320.220.44-0.34-0.060.04-0.170.260.48
-0.42-0.43-0.740.91-0.27-0.21-0.40.15-0.57-0.39-0.890.02-0.62-0.40.92-0.25-0.420.04-0.13-0.27-0.54-0.35-0.180.5-0.73
0.80.350.57-0.2-0.070.360.59-0.110.350.70.280.240.210.8-0.4-0.32-0.42-0.190.180.820.720.110.48-0.18-0.14
0.07-0.01-0.29-0.130.15-0.050.290.66-0.02-0.20.070.54-0.470.08-0.030.220.04-0.190.330.2-0.120.250.460.130.25
0.430.550.110.02-0.110.610.57-0.230.740.630.03-0.310.140.42-0.140.44-0.130.180.330.140.210.020.190.46-0.01
0.770.340.45-0.210.140.230.640.190.110.370.290.55-0.030.77-0.34-0.34-0.270.820.20.140.710.330.8-0.06-0.16
0.630.50.87-0.4-0.040.470.45-0.360.410.510.58-0.020.610.61-0.54-0.06-0.540.72-0.120.210.710.250.45-0.17-0.06
0.310.330.23-0.550.54-0.030.350.16-0.13-0.250.580.31-0.040.3-0.530.04-0.350.110.250.020.330.250.49-0.010.37
0.70.470.24-0.30.260.260.670.3-0.010.120.260.58-0.180.7-0.38-0.17-0.180.480.460.190.80.450.490.190.01
0.270.48-0.290.39-0.230.540.37-0.33-0.050.02-0.44-0.3-0.240.280.270.260.5-0.180.130.46-0.06-0.17-0.010.19-0.28
0.090.210.21-0.840.36-0.060.230.120.25-0.080.680.050.220.08-0.720.48-0.73-0.140.25-0.01-0.16-0.060.370.01-0.28
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Prudential Plc Account Relationship Matchups

Prudential Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets342.9B516.1B188.2B160.2B174.1B226.5B
Short Long Term Debt Total5.4B9.1B8.2B5.1B4.9B7.0B
Total Stockholder Equity14.7B20.9B18.9B16.7B17.8B18.7B
Property Plant And Equipment Net804.0M893M495M437M374M355.3M
Net Debt3.5B1.1B1.1B3.3B3.3B2.3B
Cash1.9B8.0B7.2B1.8B1.6B1.5B
Non Current Assets Total341.0B437.9B171.9B145.7B157.0B213.2B
Non Currrent Assets Other326.3B(218.6B)(169.5B)(142.6B)(157.0B)(149.2B)
Other Assets37.3B516.1B188.2B160.2B174.1B107.5B
Cash And Short Term Investments1.9B44.1B7.2B1.8B1.6B1.5B
Common Stock Shares Outstanding2.6B2.6B2.6B2.7B2.7B2.5B
Liabilities And Stockholders Equity342.9B516.1B188.2B160.2B174.1B226.5B
Non Current Liabilities Total327.5B14.7B9.4B3.5B5.4B5.2B
Other Stockholder Equity1.8B6.3B6.7B5.9B5.7B6.0B
Total Liab328.0B494.0B169.1B143.4B156.1B216.0B
Property Plant And Equipment Gross1.1B893M1.2B1.2B1.2B1.2B
Total Current Assets1.9B8.0B7.2B1.8B14.5B22.8B
Other Current Assets10.4B(44.1B)(7.2B)(1.8B)(1.6B)(1.5B)
Intangible Assets13.2B20.3B4.0B3.9B4.0B4.5B
Other Current Liab490.7M(2.5B)(1.1B)(3.9B)(974M)(925.3M)
Total Current Liabilities490.7M11.3B1.6B3.5B699M664.1M
Other Liab406.2B463.0B160.5B129.0B148.3B170.0B
Retained Earnings10.4B14.4B12.1B10.7B11.9B8.2B
Accounts Payable2.8B1.3B1.1B2.9B3.3B2.2B
Long Term Debt7.1B8.1B6.1B4.3B3.9B7.1B
Good Will731.5M961M907M890M896M1.1B
Common Stock Total Equity174.3M165.0M172M173M199.0M206.0M
Short Term Debt520M907M904M862M699M664.1M
Common Stock129.8M173M182M151.3M183M142.9M
Property Plant Equipment1.1B893M478M419M481.9M790.2M
Short Term Investments57.1B36.0B226M(268M)4.6B4.8B
Accumulated Other Comprehensive Income2.3B2.7B1.2B736.2M551.5M496.4M
Net Receivables2.3B2.7B1.8B836M961.4M1.9B
Net Tangible Assets15.3B15.8B12.2B12.2B14.0B13.6B
Long Term Investments386.4B410.9B163.4B136.9B151.6B267.5B
Short Long Term Debt598.9M520M501M500M699M1.1B
Long Term Debt Total15.3B7.7B8.6B6.5B5.8B8.7B

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Other Information on Investing in Prudential Stock

Balance Sheet is a snapshot of the financial position of Prudential plc at a specified time, usually calculated after every quarter, six months, or one year. Prudential Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prudential Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Prudential currently owns. An asset can also be divided into two categories, current and non-current.