PulteGroup Net Working Capital vs Cash And Equivalents Analysis
PHM Stock | USD 115.49 1.83 1.56% |
PulteGroup financial indicator trend analysis is much more than just breaking down PulteGroup prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PulteGroup is a good investment. Please check the relationship between PulteGroup Net Working Capital and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PulteGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in PulteGroup Stock, please use our How to Invest in PulteGroup guide.
Net Working Capital vs Cash And Equivalents
Net Working Capital vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PulteGroup Net Working Capital account and Cash And Equivalents. At this time, the significance of the direction appears to have strong relationship.
The correlation between PulteGroup's Net Working Capital and Cash And Equivalents is 0.62. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of PulteGroup, assuming nothing else is changed. The correlation between historical values of PulteGroup's Net Working Capital and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of PulteGroup are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Net Working Capital i.e., PulteGroup's Net Working Capital and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Working Capital
Cash And Equivalents
Most indicators from PulteGroup's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PulteGroup 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 PulteGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in PulteGroup Stock, please use our How to Invest in PulteGroup guide.At this time, PulteGroup's Tax Provision is very stable compared to the past year. As of the 4th of June 2024, Enterprise Value is likely to grow to about 4.5 B, while Selling General Administrative is likely to drop about 745.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8B | 4.8B | 29.3K | 27.8K | Total Revenue | 13.9B | 16.2B | 15.7B | 16.5B |
PulteGroup fundamental ratios Correlations
Click cells to compare fundamentals
PulteGroup Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PulteGroup fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.7B | 12.2B | 13.4B | 14.8B | 14.5B | 7.7B | |
Short Long Term Debt Total | 3.1B | 3.2B | 2.7B | 2.6B | 2.0B | 2.4B | |
Other Current Liab | 1.4B | 1.4B | 1.6B | 1.7B | 1.2B | 697.1M | |
Total Current Liabilities | 2.2B | 2.4B | 3.0B | 3.0B | 4.8B | 5.0B | |
Total Stockholder Equity | 5.5B | 6.6B | 7.5B | 8.9B | 9.4B | 9.8B | |
Property Plant And Equipment Net | 181.7M | 203.0M | 223.5M | 273.7M | 298.9M | 313.8M | |
Net Debt | 1.9B | 581.9M | 876.1M | 1.6B | 490.9M | 466.4M | |
Retained Earnings | 2.2B | 3.3B | 4.2B | 5.6B | 7.0B | 7.4B | |
Cash | 1.2B | 2.6B | 1.8B | 1.1B | 1.5B | 906.9M | |
Non Current Assets Total | 1.3B | 1.3B | 1.5B | 1.7B | 717.2M | 681.4M | |
Non Currrent Assets Other | 713.9M | 720.3M | 887.5M | 1.0B | 61.4M | 58.3M | |
Cash And Short Term Investments | 1.2B | 2.6B | 1.8B | 1.1B | 1.5B | 906.9M | |
Net Receivables | 509.0M | 565.0M | 947.1M | 677.2M | 26.9M | 25.6M | |
Common Stock Shares Outstanding | 275.3M | 269.4M | 259.9M | 236.2M | 221.2M | 281.8M | |
Liabilities And Stockholders Equity | 10.7B | 12.2B | 13.4B | 14.8B | 14.5B | 7.7B | |
Non Current Liabilities Total | 3.1B | 3.3B | 2.8B | 2.8B | 3.1B | 2.8B | |
Inventory | 7.7B | 7.7B | 9.0B | 11.3B | 11.5B | 12.0B | |
Other Current Assets | 57.6M | 78.0M | 83.8M | 786.0M | 1.0B | 1.1B | |
Other Stockholder Equity | 3.2B | 3.3B | 3.3B | 3.3B | 9.4B | 9.8B | |
Total Liab | 5.3B | 5.6B | 5.9B | 5.9B | 5.1B | 4.4B | |
Total Current Assets | 9.5B | 10.9B | 11.9B | 13.1B | 12.9B | 6.6B | |
Short Term Debt | 25.2M | 12.0M | 2.0B | 2.0B | 2.0B | 2.1B | |
Accounts Payable | 435.9M | 511.3M | 621.2M | 566.0M | 619.0M | 381.2M | |
Common Stock Total Equity | 2.7M | 2.7M | 2.5M | 2.3M | 2.6M | 2.8M | |
Accumulated Other Comprehensive Income | (445K) | (345K) | (245K) | (145K) | (45K) | 0.0 | |
Common Stock | 2.7M | 2.7M | 2.5M | 2.3M | 2.1M | 2.7M | |
Other Liab | 579.4M | 553.0M | 1.0B | 1.4B | 1.3B | 856.3M | |
Other Assets | 201.4M | 1.7B | 3.1B | 1.2B | 1.5B | 1.0B | |
Long Term Debt | 2.8B | 2.8B | 2.7B | 2.6B | 2.5B | 3.0B | |
Intangible Assets | 84.6M | 94.5M | 78.0M | 66.9M | 56.3M | 53.5M | |
Current Deferred Revenue | 294.4M | 449.5M | 844.8M | 783.6M | 2.8B | 3.0B | |
Property Plant Equipment | 181.7M | 203.0M | 223.5M | 273.7M | 314.8M | 330.5M | |
Property Plant And Equipment Gross | 181.7M | 203.0M | 452.0M | 516.0M | 563.3M | 591.5M | |
Short Term Investments | 509.0M | 565.0M | 947.1M | 677.2M | 516.1M | 464.5M | |
Net Tangible Assets | 5.3B | 6.4B | 7.3B | 8.8B | 10.1B | 5.1B | |
Retained Earnings Total Equity | 2.2B | 3.3B | 4.2B | 5.6B | 6.4B | 6.7B | |
Long Term Debt Total | 2.8B | 2.8B | 2.0B | 2.0B | 1.8B | 2.1B | |
Capital Surpluse | 3.2B | 3.3B | 3.3B | 3.3B | 3.8B | 3.5B |
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Additional Information and Resources on Investing in PulteGroup Stock
When determining whether PulteGroup is a strong investment it is important to analyze PulteGroup'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 PulteGroup's future performance. For an informed investment choice regarding PulteGroup 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 PulteGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in PulteGroup Stock, please use our How to Invest in PulteGroup guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Household Durables 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 PulteGroup. If investors know PulteGroup 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 PulteGroup 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 0.322 | Dividend Share 0.72 | Earnings Share 12.47 | Revenue Per Share 75.865 | Quarterly Revenue Growth 0.104 |
The market value of PulteGroup is measured differently than its book value, which is the value of PulteGroup that is recorded on the company's balance sheet. Investors also form their own opinion of PulteGroup's value that differs from its market value or its book value, called intrinsic value, which is PulteGroup'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 PulteGroup's market value can be influenced by many factors that don't directly affect PulteGroup'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 PulteGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if PulteGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PulteGroup'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.