Prudential Total Current Assets vs Cash And Short Term Investments Analysis

PUK Stock  USD 16.35  0.02  0.12%   
Prudential Public financial indicator trend analysis is much more than just breaking down Prudential Public prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential Public is a good investment. Please check the relationship between Prudential Public Total Current Assets 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 Prudential Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets 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 Prudential Public Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Prudential Public's Total Current Assets and Cash And Short Term Investments is -0.04. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Prudential Public Limited, assuming nothing else is changed. The correlation between historical values of Prudential Public's Total Current Assets 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 Total Current Assets of Prudential Public Limited 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 Total Current Assets i.e., Prudential Public's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Prudential Public balance sheet. This account contains Prudential Public investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Prudential Public Limited 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 Prudential Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential Public 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 Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
The value of Selling General Administrative is expected to slide to about 2.7 B. The value of Tax Provision is estimated to slide to about 319.4 M

Prudential Public fundamental ratios Correlations

0.920.66-0.17-0.160.890.98-0.44-0.020.520.29-0.11.00.390.82-0.410.210.90.78-0.340.850.470.73-0.130.050.52
0.920.68-0.2-0.180.980.9-0.47-0.150.410.36-0.240.930.340.73-0.47-0.070.810.75-0.440.910.440.82-0.030.030.51
0.660.68-0.680.340.580.72-0.160.320.430.840.090.670.460.61-0.080.260.450.92-0.150.58-0.240.30.41-0.460.57
-0.17-0.2-0.68-0.7-0.03-0.250.1-0.42-0.09-0.91-0.24-0.17-0.46-0.21-0.2-0.260.18-0.48-0.360.00.540.13-0.670.52-0.57
-0.16-0.180.34-0.7-0.37-0.070.050.25-0.240.70.23-0.170.26-0.110.130.22-0.410.220.58-0.29-0.48-0.220.43-0.440.29
0.890.980.58-0.03-0.370.85-0.46-0.180.450.19-0.30.910.230.71-0.5-0.130.860.66-0.560.910.530.81-0.10.140.44
0.980.90.72-0.25-0.070.85-0.39-0.010.480.380.020.980.480.8-0.310.30.860.82-0.240.830.370.7-0.11-0.020.56
-0.44-0.47-0.160.10.05-0.46-0.390.02-0.27-0.110.69-0.45-0.04-0.470.720.22-0.33-0.170.12-0.39-0.53-0.5-0.28-0.32-0.43
-0.02-0.150.32-0.420.25-0.18-0.010.020.720.35-0.11-0.03-0.040.420.090.44-0.10.220.17-0.14-0.55-0.590.63-0.430.08
0.520.410.43-0.09-0.240.450.48-0.270.720.15-0.350.52-0.040.83-0.250.320.540.43-0.340.41-0.01-0.040.32-0.090.18
0.290.360.84-0.910.70.190.38-0.110.350.150.150.310.380.270.010.270.030.640.170.16-0.450.050.6-0.460.63
-0.1-0.240.09-0.240.23-0.30.020.69-0.11-0.350.15-0.110.35-0.320.810.57-0.160.060.36-0.26-0.44-0.28-0.32-0.260.02
1.00.930.67-0.17-0.170.910.98-0.45-0.030.520.31-0.110.360.82-0.410.190.910.78-0.380.860.460.74-0.120.070.53
0.390.340.46-0.460.260.230.48-0.04-0.04-0.040.380.350.360.360.180.170.080.550.460.35-0.120.250.07-0.570.17
0.820.730.61-0.21-0.110.710.8-0.470.420.830.27-0.320.820.36-0.420.230.690.72-0.240.740.20.380.17-0.190.3
-0.41-0.47-0.08-0.20.13-0.5-0.310.720.09-0.250.010.81-0.410.18-0.420.25-0.45-0.210.25-0.46-0.67-0.60.01-0.31-0.24
0.21-0.070.26-0.260.22-0.130.30.220.440.320.270.570.190.170.230.250.20.280.33-0.11-0.28-0.3-0.14-0.150.28
0.90.810.450.18-0.410.860.86-0.33-0.10.540.03-0.160.910.080.69-0.450.20.58-0.550.750.60.7-0.320.340.41
0.780.750.92-0.480.220.660.82-0.170.220.430.640.060.780.550.72-0.210.280.58-0.090.75-0.040.460.14-0.490.45
-0.34-0.44-0.15-0.360.58-0.56-0.240.120.17-0.340.170.36-0.380.46-0.240.250.33-0.55-0.09-0.44-0.3-0.340.13-0.380.05
0.850.910.580.0-0.290.910.83-0.39-0.140.410.16-0.260.860.350.74-0.46-0.110.750.75-0.440.40.78-0.17-0.140.17
0.470.44-0.240.54-0.480.530.37-0.53-0.55-0.01-0.45-0.440.46-0.120.2-0.67-0.280.6-0.04-0.30.40.76-0.50.70.2
0.730.820.30.13-0.220.810.7-0.5-0.59-0.040.05-0.280.740.250.38-0.6-0.30.70.46-0.340.780.76-0.350.290.35
-0.13-0.030.41-0.670.43-0.1-0.11-0.280.630.320.6-0.32-0.120.070.170.01-0.14-0.320.140.13-0.17-0.5-0.35-0.350.31
0.050.03-0.460.52-0.440.14-0.02-0.32-0.43-0.09-0.46-0.260.07-0.57-0.19-0.31-0.150.34-0.49-0.38-0.140.70.29-0.350.22
0.520.510.57-0.570.290.440.56-0.430.080.180.630.020.530.170.3-0.240.280.410.450.050.170.20.350.310.22
Click cells to compare fundamentals

Prudential Public Account Relationship Matchups

Prudential Public fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets440.4B516.1B188.2B160.2B174.1B314.9B
Short Long Term Debt Total8.9B9.1B8.2B5.1B4.9B4.6B
Total Stockholder Equity19.5B20.9B18.9B16.7B17.8B12.0B
Property Plant And Equipment Net1.1B893M495M437M374M355.3M
Net Debt1.3B1.1B1.1B3.3B3.3B2.4B
Cash7.0B8.0B7.2B1.8B1.6B1.5B
Non Current Assets Total426.6B437.9B171.9B145.9B265.9B272.6B
Non Currrent Assets Other409.2B(218.6B)(169.5B)(142.6B)(157.0B)(164.9B)
Other Assets37.3B516.1B188.2B160.2B174.1B182.8B
Cash And Short Term Investments1.9B44.1B7.2B1.8B1.6B1.5B
Common Stock Shares Outstanding1.3B1.3B1.3B1.4B1.4B1.2B
Liabilities And Stockholders Equity440.4B516.1B188.2B160.2B174.1B314.9B
Non Current Liabilities Total410.0B14.7B9.4B3.5B150.5B158.0B
Total Liab420.7B494.0B169.1B143.4B156.1B248.0B
Total Current Assets13.8B8.0B7.2B5.5B16.4B18.4B
Intangible Assets4.2B20.3B4.0B3.9B4.0B7.5B
Other Current Liab6.3B(2.5B)(1.1B)(3.9B)(974M)(1.0B)
Total Current Liabilities10.7B11.3B1.6B3.5B8.8B7.8B
Other Liab406.2B463.0B160.5B129.0B148.3B140.9B
Retained Earnings13.6B14.4B12.1B10.7B11.9B11.2B
Accounts Payable2.8B1.3B1.1B2.9B143.9B151.1B
Long Term Debt7.0B8.1B6.1B4.3B3.9B3.7B
Good Will969M961M907M890M896M1.7B
Other Current Assets13.8B(44.1B)(7.2B)(1.8B)(1.6B)(1.5B)
Other Stockholder Equity2.6B6.3B6.7B5.9B5.7B4.4B
Short Term Debt1.2B907M904M862M699M664.1M
Common Stock172M173M182M151.3M183M173.9M
Property Plant Equipment1.1B893M478M419M481.9M457.8M
Short Term Investments2.6B36.0B226M6.3B5.9B6.2B
Common Stock Total Equity174.3M165.0M172M173M155.7M155.3M
Property Plant And Equipment Gross1.1B893M1.2B1.2B1.2B1.2B
Net Receivables2.3B2.7B1.8B836M961.4M1.9B
Accumulated Other Comprehensive Income3.1B3.6B1.7B962M703M365.4M
Net Tangible Assets15.3B15.8B12.2B12.2B14.0B14.1B
Long Term Investments386.4B410.9B163.4B137.2B151.6B278.6B
Short Long Term Debt598.9M520M501M500M699M1.1B
Long Term Debt Total7.7B8.6B6.5B4.6B4.1B8.2B
Capital Surpluse2.6B2.6B5.0B5.0B5.8B3.5B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Prudential Public is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Prudential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Prudential Public Limited Stock. Highlighted below are key reports to facilitate an investment decision about Prudential Public Limited Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prudential Public. If investors know Prudential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prudential Public listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Dividend Share
0.211
Earnings Share
0.64
Revenue Per Share
1.9965
Quarterly Revenue Growth
(0.02)
The market value of Prudential Public is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Public's value that differs from its market value or its book value, called intrinsic value, which is Prudential Public's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prudential Public's market value can be influenced by many factors that don't directly affect Prudential Public's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prudential Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Public's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.