Palo Total Current Liabilities vs Cash And Short Term Investments Analysis
PANW Stock | USD 294.91 1.73 0.59% |
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 Total Current Liabilities 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 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.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities 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 Palo Alto Networks Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Palo Alto's Total Current Liabilities and Cash And Short Term Investments is 0.6. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments 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 Total Current Liabilities 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 Liabilities of Palo Alto Networks 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 Liabilities i.e., Palo Alto's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Palo Alto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Palo Alto Networks are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Palo Alto Networks balance sheet. This account contains Palo Alto investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Palo Alto Networks 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 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.When determining whether Palo Alto Networks is a strong investment it is important to analyze Palo Alto's 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 Palo Alto's future performance. For an informed investment choice regarding Palo Stock, refer to the following important reports: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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
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 1.548 | Earnings Share 6.93 | Revenue Per Share 24.748 | Quarterly Revenue Growth 0.153 | Return On Assets 0.0343 |
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.