Prudential Good Will vs Long Term Debt Analysis

PRU Stock   634.60  1.60  0.25%   
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 Good Will and its Long Term Debt 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.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential plc Good Will account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Prudential Plc's Good Will and Long Term Debt is 0.19. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt 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 Good Will and Long Term Debt 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 Prudential plc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Prudential Plc's Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Long Term Debt

Long-term debt is a debt that Prudential plc has held for over one year. Long-term debt appears on Prudential plc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Prudential plc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 19, 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.