PGE Accumulated Depreciation vs Long Term Debt Analysis

PCG Stock  USD 18.92  0.27  1.45%   
PGE Corp financial indicator trend analysis is much more than just breaking down PGE Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGE Corp is a good investment. Please check the relationship between PGE Corp Accumulated Depreciation and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGE Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.

Accumulated Depreciation vs Long Term Debt

Accumulated Depreciation vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Corp Accumulated Depreciation account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between PGE Corp's Accumulated Depreciation and Long Term Debt is -0.52. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of PGE Corp, assuming nothing else is changed. The correlation between historical values of PGE Corp's Accumulated Depreciation and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of PGE Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accumulated Depreciation i.e., PGE Corp's Accumulated Depreciation and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for PGE Corp fixed asset that has been charged to PGE Corp expense since that asset was acquired and made available for PGE Corp use. The accumulated depreciation account is PGE Corp asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by PGE Corp.

Long Term Debt

Long-term debt is a debt that PGE Corp has held for over one year. Long-term debt appears on PGE Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PGE Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from PGE Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGE Corp 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 PGE Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.At this time, PGE Corp's Enterprise Value Multiple is most likely to slightly grow in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit6.1B7.0B8.3B5.7B
Total Revenue20.6B21.7B24.4B15.8B

PGE Corp fundamental ratios Correlations

0.920.960.30.260.630.860.96-0.720.67-0.010.920.71-0.010.910.840.730.670.170.870.770.150.680.960.960.37
0.920.90.390.380.530.990.89-0.780.680.171.00.630.170.980.930.730.65-0.020.990.840.250.790.940.980.61
0.960.90.380.320.680.841.0-0.650.61-0.060.90.62-0.060.860.770.670.680.020.840.70.210.790.940.910.26
0.30.390.380.980.260.410.36-0.360.430.540.380.290.540.410.070.420.15-0.010.40.520.950.30.320.370.21
0.260.380.320.980.210.420.31-0.350.430.570.370.210.570.410.050.350.150.080.40.520.990.210.30.350.24
0.630.530.680.260.210.510.69-0.230.52-0.50.550.54-0.50.450.410.460.560.290.420.560.090.360.640.560.21
0.860.990.840.410.420.510.84-0.770.660.220.990.590.220.970.910.690.59-0.030.980.840.30.770.910.960.67
0.960.891.00.360.310.690.84-0.630.61-0.080.890.62-0.080.850.770.660.680.020.830.690.190.780.940.910.25
-0.72-0.78-0.65-0.36-0.35-0.23-0.77-0.63-0.65-0.45-0.78-0.8-0.45-0.77-0.78-0.79-0.55-0.05-0.83-0.79-0.26-0.65-0.77-0.73-0.61
0.670.680.610.430.430.520.660.61-0.650.150.670.710.150.60.590.560.880.380.670.790.320.430.580.660.47
-0.010.17-0.060.540.57-0.50.22-0.08-0.450.150.150.071.00.250.10.34-0.11-0.250.30.310.60.180.010.130.39
0.921.00.90.380.370.550.990.89-0.780.670.150.630.150.970.930.720.65-0.020.980.840.240.80.940.980.61
0.710.630.620.290.210.540.590.62-0.80.710.070.630.070.560.620.740.580.270.620.70.10.480.70.620.43
-0.010.17-0.060.540.57-0.50.22-0.08-0.450.151.00.150.070.250.10.34-0.11-0.250.30.310.60.180.010.130.39
0.910.980.860.410.410.450.970.85-0.770.60.250.970.560.250.90.730.540.020.970.830.310.710.920.980.6
0.840.930.770.070.050.410.910.77-0.780.590.10.930.620.10.90.710.63-0.090.930.77-0.070.770.850.90.69
0.730.730.670.420.350.460.690.66-0.790.560.340.720.740.340.730.710.49-0.10.750.880.230.660.720.730.62
0.670.650.680.150.150.560.590.68-0.550.88-0.110.650.58-0.110.540.630.490.180.620.670.020.580.580.610.28
0.17-0.020.02-0.010.080.29-0.030.02-0.050.38-0.25-0.020.27-0.250.02-0.09-0.10.18-0.060.090.1-0.540.120.08-0.09
0.870.990.840.40.40.420.980.83-0.830.670.30.980.620.30.970.930.750.62-0.060.860.280.790.90.960.68
0.770.840.70.520.520.560.840.69-0.790.790.310.840.70.310.830.770.880.670.090.860.390.620.760.820.74
0.150.250.210.950.990.090.30.19-0.260.320.60.240.10.60.31-0.070.230.020.10.280.390.090.190.240.15
0.680.790.790.30.210.360.770.78-0.650.430.180.80.480.180.710.770.660.58-0.540.790.620.090.710.720.42
0.960.940.940.320.30.640.910.94-0.770.580.010.940.70.010.920.850.720.580.120.90.760.190.710.950.44
0.960.980.910.370.350.560.960.91-0.730.660.130.980.620.130.980.90.730.610.080.960.820.240.720.950.54
0.370.610.260.210.240.210.670.25-0.610.470.390.610.430.390.60.690.620.28-0.090.680.740.150.420.440.54
Click cells to compare fundamentals

PGE Corp Account Relationship Matchups

PGE Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding528M1.3B2.0B2.1B2.1B2.2B
Total Assets85.2B97.9B103.2B118.6B125.7B132.0B
Short Long Term Debt Total3.8B42.6B41.5B53.5B57.7B60.6B
Other Current Liab1.3B4.7B5.2B7.9B6.1B3.2B
Total Current Liabilities7.6B13.6B17.3B15.8B17.3B10.3B
Total Stockholder Equity5.1B21.0B25.6B22.8B25.0B13.1B
Property Plant And Equipment Net63.9B67.9B71.1B77.5B82.9B87.1B
Net Debt2.2B42.1B41.4B52.8B57.1B60.0B
Retained Earnings(7.9B)(9.2B)(4.2B)(7.5B)(5.3B)(5.1B)
Accounts Payable2.0B2.4B2.9B2.9B2.3B1.9B
Cash1.6B484M165M734M635M729.5M
Non Current Assets Total75.0B88.3B92.1B105.8B111.3B116.9B
Non Currrent Assets Other7.9B16.8B17.2B24.6B7.6B5.2B
Cash And Short Term Investments1.6B484M165M734M635M729.5M
Net Receivables7.0B6.1B8.5B8.8B10.5B11.0B
Liabilities And Stockholders Equity85.2B97.9B103.2B118.6B125.7B132.0B
Non Current Liabilities Total72.2B63.0B60.3B79.8B83.1B87.2B
Inventory647M628M596M842M870M546.4M
Other Current Assets961M2.2B1.8B2.2B2.1B1.6B
Other Stockholder Equity(10M)(258M)28.3B(2.5B)(2.3B)(2.2B)
Total Liab79.8B76.6B77.6B95.6B100.4B105.4B
Total Current Assets10.2B9.6B11.1B12.8B14.4B7.9B
Short Term Debt2.1B4.1B7.1B4.6B5.7B3.3B
Common Stock13.0B30.2B1.3B32.9B30.4B31.9B
Common Stock Total Equity13.0B30.2B35.1B32.9B37.8B39.7B
Property Plant And Equipment Gross63.9B67.9B100.2B108.5B116.0B121.8B
Other Liab46.1B24.5B25.6B30.8B35.4B18.5B
Other Assets11.1B20.4B21.2B28.3B32.5B34.2B
Long Term Debt23.1B37.3B38.2B47.7B51.0B53.5B
Property Plant Equipment63.9B66.1B69.5B1.3B1.5B1.4B
Current Deferred Revenue2.4B2.3B2.2B423M3.2B2.0B
Deferred Long Term Liab6.1B1.4B3.2B2.7B3.1B5.0B

Currently Active Assets on Macroaxis

When determining whether PGE Corp is a strong investment it is important to analyze PGE Corp'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 PGE Corp's future performance. For an informed investment choice regarding PGE 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 PGE Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.
Note that the PGE Corp information on this page should be used as a complementary analysis to other PGE Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for PGE Stock analysis

When running PGE Corp's price analysis, check to measure PGE 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 PGE Corp is operating at the current time. Most of PGE Corp's value examination focuses on studying past and present price action to predict the probability of PGE 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 PGE Corp's price. Additionally, you may evaluate how the addition of PGE Corp to your portfolios can decrease your overall portfolio volatility.
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Is PGE 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 PGE Corp. If investors know PGE 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 PGE 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
0.259
Dividend Share
0.02
Earnings Share
1.12
Revenue Per Share
11.468
Quarterly Revenue Growth
(0.06)
The market value of PGE Corp is measured differently than its book value, which is the value of PGE that is recorded on the company's balance sheet. Investors also form their own opinion of PGE Corp's value that differs from its market value or its book value, called intrinsic value, which is PGE 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 PGE Corp's market value can be influenced by many factors that don't directly affect PGE 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 PGE Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGE Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGE 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.