Parsons Corp Stock Cash And Equivalents
| PSN Stock | USD 76.15 0.53 0.69% |
Parsons Corp fundamentals help investors to digest information that contributes to Parsons Corp's financial success or failures. It also enables traders to predict the movement of Parsons Stock. The fundamental analysis module provides a way to measure Parsons Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parsons Corp stock.
| Last Reported | Projected for Next Year | ||
| Cash And Equivalents | 236.3 M | 266.2 M |
Parsons | Cash And Equivalents |
Parsons Corp Company Cash And Equivalents Analysis
Parsons Corp's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Parsons Corp Cash And Equivalents | 262.54 M |
Most of Parsons Corp's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parsons Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Parsons Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Parsons Corp is extremely important. It helps to project a fair market value of Parsons Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Parsons Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parsons Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parsons Corp's interrelated accounts and indicators.
| 0.87 | 0.95 | 0.79 | 0.83 | -0.82 | 0.29 | ||
| 0.87 | 0.87 | 0.91 | 0.97 | -0.77 | 0.35 | ||
| 0.95 | 0.87 | 0.87 | 0.89 | -0.7 | 0.55 | ||
| 0.79 | 0.91 | 0.87 | 0.93 | -0.56 | 0.64 | ||
| 0.83 | 0.97 | 0.89 | 0.93 | -0.66 | 0.53 | ||
| -0.82 | -0.77 | -0.7 | -0.56 | -0.66 | 0.14 | ||
| 0.29 | 0.35 | 0.55 | 0.64 | 0.53 | 0.14 |
Click cells to compare fundamentals
Parsons Cash And Equivalents Historical Pattern
Today, most investors in Parsons Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Parsons Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Parsons Corp cash and equivalents as a starting point in their analysis.
Parsons Corp Cash And Equivalents |
| Timeline |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Parsons Corp has 262.54 M in Cash And Equivalents. This is 33.2% lower than that of the Aerospace & Defense sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 90.28% higher than that of the company.
Parsons Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parsons Corp's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parsons Corp could also be used in its relative valuation, which is a method of valuing Parsons Corp by comparing valuation metrics of similar companies.Parsons Corp is currently under evaluation in cash and equivalents category among related companies.
Parsons Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Parsons Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Parsons Corp's managers, analysts, and investors.Environmental | Governance | Social |
Parsons Fundamentals
| Return On Equity | 0.0369 | ||||
| Return On Asset | 0.0524 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 9.18 B | ||||
| Shares Outstanding | 106.25 M | ||||
| Shares Owned By Insiders | 0.88 % | ||||
| Shares Owned By Institutions | 99.84 % | ||||
| Number Of Shares Shorted | 3.91 M | ||||
| Price To Earning | 50.46 X | ||||
| Price To Book | 3.72 X | ||||
| Price To Sales | 1.56 X | ||||
| Revenue | 5.44 B | ||||
| Gross Profit | 946.72 M | ||||
| EBITDA | 415.52 M | ||||
| Net Income | 207.91 M | ||||
| Cash And Equivalents | 262.54 M | ||||
| Cash Per Share | 1.22 X | ||||
| Total Debt | 927.15 M | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 1.44 X | ||||
| Book Value Per Share | 20.24 X | ||||
| Cash Flow From Operations | 407.7 M | ||||
| Short Ratio | 5.22 X | ||||
| Earnings Per Share | 0.18 X | ||||
| Price To Earnings To Growth | 1.92 X | ||||
| Target Price | 89.1 | ||||
| Number Of Employees | 18 K | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 8.09 B | ||||
| Total Asset | 4.8 B | ||||
| Retained Earnings | 203.72 M | ||||
| Working Capital | 726.64 M | ||||
| Net Asset | 4.8 B |
About Parsons Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parsons Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parsons Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parsons Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Parsons Corp's price analysis, check to measure Parsons Corp'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 Parsons Corp is operating at the current time. Most of Parsons Corp's value examination focuses on studying past and present price action to predict the probability of Parsons Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parsons Corp's price. Additionally, you may evaluate how the addition of Parsons Corp to your portfolios can decrease your overall portfolio volatility.
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Is Parsons Corp's industry 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 Parsons Corp. If investors know Parsons 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 Parsons Corp 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 0.565 | Earnings Share 0.18 | Revenue Per Share 55.128 | Quarterly Revenue Growth 0.309 | Return On Assets 0.0524 |
The market value of Parsons Corp is measured differently than its book value, which is the value of Parsons that is recorded on the company's balance sheet. Investors also form their own opinion of Parsons Corp's value that differs from its market value or its book value, called intrinsic value, which is Parsons Corp'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 Parsons Corp's market value can be influenced by many factors that don't directly affect Parsons Corp'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 Parsons Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parsons Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parsons Corp'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.