PPG Other Current Assets from 2010 to 2024

PPG Stock  USD 128.41  2.21  1.69%   
PPG Industries' Other Current Assets are decreasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 414.2 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1985-12-31
Previous Quarter
436 M
Current Value
524 M
Quarterly Volatility
2.2 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PPG Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PPG Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 457.7 M, Interest Expense of 259.4 M or Total Revenue of 11.6 B, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0283 or PTB Ratio of 2.45. PPG financial statements analysis is a perfect complement when working with PPG Industries Valuation or Volatility modules.
  
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

Latest PPG Industries' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of PPG Industries over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. PPG Industries' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PPG Industries' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

PPG Other Current Assets Regression Statistics

Arithmetic Mean3,447,786,667
Geometric Mean1,978,980,588
Coefficient Of Variation65.35
Mean Deviation2,017,217,778
Median4,735,000,000
Standard Deviation2,253,272,162
Sample Variance5077235.4T
Range6B
R-Value(0.13)
Mean Square Error5380710.9T
R-Squared0.02
Significance0.65
Slope(63,585,000)
Total Sum of Squares71081296.1T

PPG Other Current Assets History

2024414.2 M
2023436 M
20224.9 B
20214.6 B
20205.1 B
2019431 M
20184.2 B

About PPG Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include PPG Industries income statement, its balance sheet, and the statement of cash flows. PPG Industries investors use historical funamental indicators, such as PPG Industries's Other Current Assets, to determine how well the company is positioned to perform in the future. Although PPG Industries investors may use each financial statement separately, they are all related. The changes in PPG Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PPG Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on PPG Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in PPG Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets436 M414.2 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in PPG Stock

When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Specialty Chemicals 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 PPG Industries. If investors know PPG 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 PPG Industries 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
0.523
Dividend Share
2.57
Earnings Share
5.93
Revenue Per Share
77.038
Quarterly Revenue Growth
(0.02)
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.