Prudent Retained Earnings vs Property Plant And Equipment Net Analysis

PRUDENT Stock   2,847  133.30  4.47%   
Prudent Corporate financial indicator trend analysis is much more than just breaking down Prudent Corporate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudent Corporate is a good investment. Please check the relationship between Prudent Corporate Retained Earnings and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudent Corporate Advisory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudent Corporate Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Prudent Corporate's Retained Earnings and Property Plant And Equipment Net is 0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Prudent Corporate Advisory, assuming nothing else is changed. The correlation between historical values of Prudent Corporate's Retained Earnings and Property Plant And Equipment Net 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 Prudent Corporate Advisory are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Prudent Corporate's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Prudent Corporate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudent Corporate 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 Prudent Corporate Advisory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Selling General Administrative is likely to gain to about 981.3 M in 2024, whereas Tax Provision is likely to drop slightly above 305.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B2.0B2.5B1.6B
Total Revenue4.4B6.0B8.0B4.4B

Prudent Corporate fundamental ratios Correlations

0.540.890.890.890.750.89-0.640.80.61-0.710.70.78-0.490.490.960.80.860.880.84-0.660.970.870.740.880.92
0.540.810.590.80.560.59-0.210.360.23-0.570.550.43-0.920.660.410.680.470.520.58-0.30.480.280.450.520.36
0.890.810.840.960.660.83-0.410.660.5-0.710.750.72-0.820.670.810.870.760.80.88-0.510.870.660.70.790.74
0.890.590.840.890.81.0-0.680.930.77-0.850.860.83-0.560.540.830.940.780.950.9-0.770.870.740.890.940.8
0.890.80.960.890.680.88-0.440.690.5-0.730.750.69-0.810.710.760.870.790.840.9-0.520.820.590.70.840.68
0.750.560.660.80.680.8-0.930.790.57-0.610.530.65-0.370.160.730.670.80.880.59-0.840.720.780.660.880.76
0.890.590.831.00.880.8-0.670.930.78-0.860.870.84-0.550.540.830.940.760.940.9-0.770.870.740.90.940.8
-0.64-0.21-0.41-0.68-0.44-0.93-0.67-0.76-0.560.45-0.37-0.570.020.11-0.68-0.48-0.73-0.8-0.430.85-0.64-0.8-0.56-0.81-0.74
0.80.360.660.930.690.790.93-0.760.93-0.880.860.92-0.270.230.830.870.620.860.72-0.920.830.790.960.860.82
0.610.230.50.770.50.570.78-0.560.93-0.920.890.94-0.150.10.70.810.30.610.53-0.870.690.640.960.610.69
-0.71-0.57-0.71-0.85-0.73-0.61-0.860.45-0.88-0.92-0.97-0.940.48-0.39-0.71-0.93-0.38-0.66-0.660.79-0.73-0.58-0.97-0.66-0.68
0.70.550.750.860.750.530.87-0.370.860.89-0.970.92-0.550.480.70.960.40.680.75-0.710.740.540.970.670.64
0.780.430.720.830.690.650.84-0.570.920.94-0.940.92-0.350.210.840.890.470.710.65-0.870.840.740.970.70.8
-0.49-0.92-0.82-0.56-0.81-0.37-0.550.02-0.27-0.150.48-0.55-0.35-0.78-0.33-0.68-0.47-0.5-0.70.14-0.44-0.14-0.4-0.5-0.23
0.490.660.670.540.710.160.540.110.230.1-0.390.480.21-0.780.310.580.420.440.750.090.410.170.320.430.27
0.960.410.810.830.760.730.83-0.680.830.7-0.710.70.84-0.330.310.760.770.820.75-0.730.990.950.770.820.98
0.80.680.870.940.870.670.94-0.480.870.81-0.930.960.89-0.680.580.760.590.810.87-0.720.820.620.940.810.7
0.860.470.760.780.790.80.76-0.730.620.3-0.380.40.47-0.470.420.770.590.920.8-0.520.80.750.470.920.75
0.880.520.80.950.840.880.94-0.80.860.61-0.660.680.71-0.50.440.820.810.920.87-0.750.850.780.751.00.8
0.840.580.880.90.90.590.9-0.430.720.53-0.660.750.65-0.70.750.750.870.80.87-0.460.820.620.720.870.69
-0.66-0.3-0.51-0.77-0.52-0.84-0.770.85-0.92-0.870.79-0.71-0.870.140.09-0.73-0.72-0.52-0.75-0.46-0.7-0.73-0.85-0.75-0.74
0.970.480.870.870.820.720.87-0.640.830.69-0.730.740.84-0.440.410.990.820.80.850.82-0.70.910.790.850.96
0.870.280.660.740.590.780.74-0.80.790.64-0.580.540.74-0.140.170.950.620.750.780.62-0.730.910.670.780.98
0.740.450.70.890.70.660.9-0.560.960.96-0.970.970.97-0.40.320.770.940.470.750.72-0.850.790.670.750.74
0.880.520.790.940.840.880.94-0.810.860.61-0.660.670.7-0.50.430.820.810.921.00.87-0.750.850.780.750.8
0.920.360.740.80.680.760.8-0.740.820.69-0.680.640.8-0.230.270.980.70.750.80.69-0.740.960.980.740.8
Click cells to compare fundamentals

Prudent Corporate Account Relationship Matchups

Prudent Corporate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.8B4.0B5.2B7.6B4.0B
Short Long Term Debt Total171.9M126.0M131.7M170.2M203.2M174.0M
Total Current Liabilities784.4M1.2B1.5B1.2B2.5B1.3B
Total Stockholder Equity1.1B1.6B2.4B3.5B4.8B5.1B
Property Plant And Equipment Net270.7M259.8M283.0M310.6M359.0M299.2M
Net Debt(634.5M)(867.3M)(158.5M)(46.8M)21.1M22.2M
Retained Earnings1.1B1.5B2.1B3.3B4.6B4.8B
Cash806.4M993.3M290.2M217.0M182.0M172.9M
Non Current Assets Total399.7M557.6M2.1B3.4B7.4B7.8B
Non Currrent Assets Other331.6M691.4M(175.0M)683.1M5.8B6.0B
Cash And Short Term Investments1.1B1.6B574.0M774.7M3.1B3.3B
Liabilities And Stockholders Equity2.0B2.8B4.0B5.2B7.6B4.0B
Non Current Liabilities Total51.2M105.5M132.9M496.6M276.5M247.3M
Total Liab835.6M1.3B1.6B1.7B2.8B1.6B
Total Current Assets1.6B2.3B1.9B1.8B4.8B5.0B
Accumulated Other Comprehensive Income841.0M1.1B1.6B31.5M31.0M29.4M
Intangible Assets4M4.3M1.5B1.3B1.2B626.2M
Other Current Liab(777.6M)91.3M190.7M(25K)365.5M383.7M
Current Deferred Revenue17.8M51.4M2.0M18K(57.1M)(54.3M)
Accounts Payable520.2M939.4M1.2B1.2B2.0B1.2B
Net Receivables411.5M728.0M992.1M1.1B1.4B988.5M
Short Term Investments326.3M584.7M283.8M557.7M2.9B3.1B
Other Current Assets428.4M809.1M999.3M1.2B1.7B1.1B
Short Term Debt254.7M124.2M93.3M25K57.1M54.3M

Also Currently Popular

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.

Additional Tools for Prudent Stock Analysis

When running Prudent Corporate's price analysis, check to measure Prudent Corporate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prudent Corporate is operating at the current time. Most of Prudent Corporate's value examination focuses on studying past and present price action to predict the probability of Prudent Corporate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prudent Corporate's price. Additionally, you may evaluate how the addition of Prudent Corporate to your portfolios can decrease your overall portfolio volatility.