Palo Short Term Investments vs Net Working Capital Analysis
PANW Stock | USD 316.78 4.46 1.43% |
Palo Alto financial indicator trend analysis is much more than just breaking down Palo Alto Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palo Alto Networks is a good investment. Please check the relationship between Palo Alto Short Term Investments and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Short Term Investments vs Net Working Capital
Short Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palo Alto Networks Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Palo Alto's Short Term Investments and Net Working Capital is -0.39. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Palo Alto Networks, assuming nothing else is changed. The correlation between historical values of Palo Alto's Short Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Palo Alto Networks are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Investments i.e., Palo Alto's Short Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Palo Alto balance sheet. It contains any investments Palo Alto Networks undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Palo Alto Networks can easily liquidate in the marketplace.Net Working Capital
Most indicators from Palo Alto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palo Alto Networks 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 Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 540.6 M in 2024. Tax Provision is likely to climb to about 152.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.4M | 27.2M | 31.3M | 36.4M | Depreciation And Amortization | 9M | 206.2M | 237.1M | 249.0M |
Palo Alto fundamental ratios Correlations
Click cells to compare fundamentals
Palo Alto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Palo Alto fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 290.7M | 289.2M | 295.5M | 342.3M | 393.6M | 261.5M | |
Total Assets | 9.1B | 10.2B | 12.3B | 14.5B | 16.7B | 17.5B | |
Other Current Liab | 521.1M | 760M | 860.3M | 939.1M | 1.1B | 1.1B | |
Total Current Liabilities | 2.7B | 5.1B | 8.3B | 7.7B | 8.9B | 9.3B | |
Total Stockholder Equity | 1.1B | 763.6M | 210M | 1.7B | 2.0B | 2.1B | |
Other Liab | 1.9B | 2.5B | 3.5B | 4.7B | 5.4B | 5.7B | |
Property Plant And Equipment Net | 606.8M | 581.3M | 599.8M | 617.8M | 710.5M | 746.0M | |
Current Deferred Revenue | 2.0B | 2.7B | 3.6B | 4.7B | 5.4B | 5.6B | |
Net Debt | 462.7M | 1.7B | 1.8B | 1.1B | 1.3B | 1.4B | |
Retained Earnings | (1.2B) | (1.7B) | (1.7B) | (1.2B) | (1.1B) | (1.2B) | |
Accounts Payable | 63.6M | 56.9M | 128M | 132.3M | 152.1M | 159.8M | |
Cash | 3.0B | 1.9B | 2.1B | 1.1B | 1.3B | 1.2B | |
Non Current Assets Total | 3.9B | 5.6B | 5.8B | 8.5B | 9.7B | 10.2B | |
Non Currrent Assets Other | 603.9M | 421.4M | 1.1B | 344.8M | 396.5M | 270.5M | |
Other Assets | 513.8M | 916M | 1.1B | 1.4B | 1.6B | 1.7B | |
Cash And Short Term Investments | 3.7B | 2.9B | 3.6B | 2.4B | 2.7B | 1.9B | |
Net Receivables | 1.0B | 1.2B | 2.1B | 2.9B | 3.3B | 3.4B | |
Common Stock Total Equity | 2.3B | 2.3B | 1.9B | 3.0B | 3.5B | 3.6B | |
Liabilities And Stockholders Equity | 9.1B | 10.2B | 12.3B | 14.5B | 16.7B | 17.5B | |
Non Current Liabilities Total | 5.3B | 4.4B | 3.7B | 5.0B | 5.8B | 6.1B | |
Other Current Assets | 344.3M | 505.8M | 637.9M | 466.8M | 536.8M | 563.7M | |
Other Stockholder Equity | (500K) | 129.1M | (55.6M) | (43.2M) | (38.9M) | (36.9M) | |
Total Liab | 8.0B | 9.5B | 12.0B | 12.8B | 14.7B | 15.4B | |
Property Plant And Equipment Gross | 606.8M | 581.3M | 599.8M | 354.5M | 407.7M | 252.9M | |
Total Current Assets | 5.1B | 4.6B | 6.4B | 6.0B | 7.0B | 7.3B | |
Accumulated Other Comprehensive Income | 10.5M | (9.9M) | (55.6M) | (43.2M) | (38.9M) | (36.9M) | |
Common Stock | 2.3B | 2.3B | 1.9B | 3.0B | 3.5B | 3.6B | |
Property Plant Equipment | 606.8M | 581.3M | 599.8M | 354.5M | 407.7M | 252.9M | |
Intangible Assets | 358.2M | 498.6M | 384.5M | 315.4M | 362.7M | 199.7M | |
Net Tangible Assets | (1.2B) | (2.6B) | (2.9B) | 1.7B | 1.6B | 1.7B | |
Long Term Debt | 1.4B | 1.4B | 3.1B | 1.7B | 1.9B | 1.1B | |
Good Will | 1.8B | 2.7B | 2.7B | 2.9B | 3.4B | 3.5B | |
Retained Earnings Total Equity | (1.2B) | (1.7B) | (1.7B) | (1.2B) | (1.1B) | (1.2B) | |
Short Term Investments | 789.8M | 1.0B | 1.5B | 1.3B | 1.4B | 914.8M |
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.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Palo Stock analysis
When running Palo Alto's price analysis, check to measure Palo Alto'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 Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
Is Palo Alto'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 Palo Alto. If investors know Palo 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 Palo Alto 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 18.56 | Earnings Share 6.46 | Revenue Per Share 24.27 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0309 |
The market value of Palo Alto Networks is measured differently than its book value, which is the value of Palo that is recorded on the company's balance sheet. Investors also form their own opinion of Palo Alto's value that differs from its market value or its book value, called intrinsic value, which is Palo Alto'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 Palo Alto's market value can be influenced by many factors that don't directly affect Palo Alto'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 Palo Alto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palo Alto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palo Alto'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.