Prudential Total Current Liabilities vs Other Assets 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 Total Current Liabilities and its Other Assets 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.
Total Current Liabilities vs Other Assets
Total Current Liabilities vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential plc Total Current Liabilities account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Prudential Plc's Total Current Liabilities and Other Assets is 0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Assets 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 Total Current Liabilities and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Prudential plc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Liabilities i.e., Prudential Plc's Total Current Liabilities and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Prudential Plc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Prudential plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Assets
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
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Prudential Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prudential Plc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 342.9B | 516.1B | 188.2B | 160.2B | 174.1B | 226.5B | |
Short Long Term Debt Total | 5.4B | 9.1B | 8.2B | 5.1B | 4.9B | 7.0B | |
Total Stockholder Equity | 14.7B | 20.9B | 18.9B | 16.7B | 17.8B | 18.7B | |
Property Plant And Equipment Net | 804.0M | 893M | 495M | 437M | 374M | 355.3M | |
Net Debt | 3.5B | 1.1B | 1.1B | 3.3B | 3.3B | 2.3B | |
Cash | 1.9B | 8.0B | 7.2B | 1.8B | 1.6B | 1.5B | |
Non Current Assets Total | 341.0B | 437.9B | 171.9B | 145.7B | 157.0B | 213.2B | |
Non Currrent Assets Other | 326.3B | (218.6B) | (169.5B) | (142.6B) | (157.0B) | (149.2B) | |
Other Assets | 37.3B | 516.1B | 188.2B | 160.2B | 174.1B | 107.5B | |
Cash And Short Term Investments | 1.9B | 44.1B | 7.2B | 1.8B | 1.6B | 1.5B | |
Common Stock Shares Outstanding | 2.6B | 2.6B | 2.6B | 2.7B | 2.7B | 2.5B | |
Liabilities And Stockholders Equity | 342.9B | 516.1B | 188.2B | 160.2B | 174.1B | 226.5B | |
Non Current Liabilities Total | 327.5B | 14.7B | 9.4B | 3.5B | 5.4B | 5.2B | |
Other Stockholder Equity | 1.8B | 6.3B | 6.7B | 5.9B | 5.7B | 6.0B | |
Total Liab | 328.0B | 494.0B | 169.1B | 143.4B | 156.1B | 216.0B | |
Property Plant And Equipment Gross | 1.1B | 893M | 1.2B | 1.2B | 1.2B | 1.2B | |
Total Current Assets | 1.9B | 8.0B | 7.2B | 1.8B | 14.5B | 22.8B | |
Other Current Assets | 10.4B | (44.1B) | (7.2B) | (1.8B) | (1.6B) | (1.5B) | |
Intangible Assets | 13.2B | 20.3B | 4.0B | 3.9B | 4.0B | 4.5B | |
Other Current Liab | 490.7M | (2.5B) | (1.1B) | (3.9B) | (974M) | (925.3M) | |
Total Current Liabilities | 490.7M | 11.3B | 1.6B | 3.5B | 699M | 664.1M | |
Other Liab | 406.2B | 463.0B | 160.5B | 129.0B | 148.3B | 170.0B | |
Retained Earnings | 10.4B | 14.4B | 12.1B | 10.7B | 11.9B | 8.2B | |
Accounts Payable | 2.8B | 1.3B | 1.1B | 2.9B | 3.3B | 2.2B | |
Long Term Debt | 7.1B | 8.1B | 6.1B | 4.3B | 3.9B | 7.1B | |
Good Will | 731.5M | 961M | 907M | 890M | 896M | 1.1B | |
Common Stock Total Equity | 174.3M | 165.0M | 172M | 173M | 199.0M | 206.0M | |
Short Term Debt | 520M | 907M | 904M | 862M | 699M | 664.1M | |
Common Stock | 129.8M | 173M | 182M | 151.3M | 183M | 142.9M | |
Property Plant Equipment | 1.1B | 893M | 478M | 419M | 481.9M | 790.2M | |
Short Term Investments | 57.1B | 36.0B | 226M | (268M) | 4.6B | 4.8B | |
Accumulated Other Comprehensive Income | 2.3B | 2.7B | 1.2B | 736.2M | 551.5M | 496.4M | |
Net Receivables | 2.3B | 2.7B | 1.8B | 836M | 961.4M | 1.9B | |
Net Tangible Assets | 15.3B | 15.8B | 12.2B | 12.2B | 14.0B | 13.6B | |
Long Term Investments | 386.4B | 410.9B | 163.4B | 136.9B | 151.6B | 267.5B | |
Short Long Term Debt | 598.9M | 520M | 501M | 500M | 699M | 1.1B | |
Long Term Debt Total | 15.3B | 7.7B | 8.6B | 6.5B | 5.8B | 8.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.