PulteGroup Short Term Investments vs Total Assets Analysis

PHM Stock  USD 114.20  3.70  3.14%   
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 Short Term Investments and its Total Assets 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.

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PulteGroup Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PulteGroup's Short Term Investments and Total Assets is 0.82. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of PulteGroup, assuming nothing else is changed. The correlation between historical values of PulteGroup's Short Term Investments and Total Assets 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 PulteGroup are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., PulteGroup's Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of PulteGroup balance sheet. It contains any investments PulteGroup undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that PulteGroup can easily liquidate in the marketplace.

Total Assets

Total assets refers to the total amount of PulteGroup assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PulteGroup books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 22nd of May 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 Profit3.8B4.8B29.3K27.8K
Total Revenue13.9B16.2B15.7B16.5B

PulteGroup fundamental ratios Correlations

0.550.720.610.780.640.20.610.540.310.480.540.58-0.240.70.790.350.40.850.980.420.720.20.150.280.45
0.550.480.220.230.190.76-0.030.290.310.640.290.510.30.940.42-0.190.10.890.54-0.030.10.560.57-0.1-0.13
0.720.480.210.440.10.250.250.40.550.480.40.760.070.470.39-0.10.030.630.65-0.130.370.310.30.110.41
0.610.220.210.90.86-0.160.870.3-0.14-0.240.3-0.06-0.290.490.910.840.950.510.630.740.540.120.040.350.28
0.780.230.440.90.87-0.170.950.390.080.010.390.24-0.410.450.940.760.760.560.770.640.720.0-0.060.260.48
0.640.190.10.860.87-0.170.870.34-0.3-0.010.340.07-0.570.430.910.830.730.50.710.80.74-0.18-0.230.220.23
0.20.760.25-0.16-0.17-0.17-0.34-0.350.270.59-0.350.380.270.640.09-0.41-0.210.540.18-0.24-0.080.320.35-0.29-0.42
0.61-0.030.250.870.950.87-0.340.26-0.1-0.20.260.06-0.590.230.870.850.780.310.630.680.74-0.24-0.30.210.46
0.540.290.40.30.390.34-0.350.260.140.21.00.280.050.340.280.10.180.470.540.140.260.330.30.310.47
0.310.310.55-0.140.08-0.30.27-0.10.140.470.140.440.550.18-0.07-0.38-0.210.30.14-0.28-0.150.560.580.090.48
0.480.640.48-0.240.01-0.010.59-0.20.20.470.20.820.120.470.11-0.42-0.490.620.45-0.070.210.190.25-0.040.12
0.540.290.40.30.390.34-0.350.261.00.140.20.280.050.340.280.10.180.470.540.140.260.330.30.310.47
0.580.510.76-0.060.240.070.380.060.280.440.820.28-0.070.40.25-0.34-0.330.60.56-0.070.460.050.1-0.140.43
-0.240.30.07-0.29-0.41-0.570.27-0.590.050.550.120.05-0.070.12-0.43-0.5-0.210.08-0.35-0.37-0.790.870.910.2-0.09
0.70.940.470.490.450.430.640.230.340.180.470.340.40.120.640.090.380.940.70.180.30.490.460.01-0.07
0.790.420.390.910.940.910.090.870.28-0.070.110.280.25-0.430.640.740.760.690.820.680.720.01-0.050.20.24
0.35-0.19-0.10.840.760.83-0.410.850.1-0.38-0.420.1-0.34-0.50.090.740.820.120.40.80.47-0.21-0.280.450.1
0.40.10.030.950.760.73-0.210.780.18-0.21-0.490.18-0.33-0.210.380.760.820.310.410.610.350.140.050.280.13
0.850.890.630.510.560.50.540.310.470.30.620.470.60.080.940.690.120.310.840.290.420.470.450.170.16
0.980.540.650.630.770.710.180.630.540.140.450.540.56-0.350.70.820.40.410.840.470.780.10.040.260.37
0.42-0.03-0.130.740.640.8-0.240.680.14-0.28-0.070.14-0.07-0.370.180.680.80.610.290.470.5-0.11-0.160.570.27
0.720.10.370.540.720.74-0.080.740.26-0.150.210.260.46-0.790.30.720.470.350.420.780.5-0.48-0.53-0.050.45
0.20.560.310.120.0-0.180.32-0.240.330.560.190.330.050.870.490.01-0.210.140.470.1-0.11-0.480.990.370.02
0.150.570.30.04-0.06-0.230.35-0.30.30.580.250.30.10.910.46-0.05-0.280.050.450.04-0.16-0.530.990.320.01
0.28-0.10.110.350.260.22-0.290.210.310.09-0.040.31-0.140.20.010.20.450.280.170.260.57-0.050.370.320.21
0.45-0.130.410.280.480.23-0.420.460.470.480.120.470.43-0.09-0.070.240.10.130.160.370.270.450.020.010.21
Click cells to compare fundamentals

PulteGroup Account Relationship Matchups

PulteGroup fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B12.2B13.4B14.8B14.5B7.7B
Short Long Term Debt Total3.1B3.2B2.7B2.6B2.0B2.4B
Other Current Liab1.4B1.4B1.6B1.7B1.2B697.1M
Total Current Liabilities2.2B2.4B3.0B3.0B4.8B5.0B
Total Stockholder Equity5.5B6.6B7.5B8.9B9.4B9.8B
Property Plant And Equipment Net181.7M203.0M223.5M273.7M298.9M313.8M
Net Debt1.9B581.9M876.1M1.6B490.9M466.4M
Retained Earnings2.2B3.3B4.2B5.6B7.0B7.4B
Cash1.2B2.6B1.8B1.1B1.5B906.9M
Non Current Assets Total1.3B1.3B1.5B1.7B717.2M681.4M
Non Currrent Assets Other713.9M720.3M887.5M1.0B61.4M58.3M
Cash And Short Term Investments1.2B2.6B1.8B1.1B1.5B906.9M
Net Receivables509.0M565.0M947.1M677.2M26.9M25.6M
Common Stock Shares Outstanding275.3M269.4M259.9M236.2M221.2M281.8M
Liabilities And Stockholders Equity10.7B12.2B13.4B14.8B14.5B7.7B
Non Current Liabilities Total3.1B3.3B2.8B2.8B3.1B2.8B
Inventory7.7B7.7B9.0B11.3B11.5B12.0B
Other Current Assets57.6M78.0M83.8M786.0M1.0B1.1B
Other Stockholder Equity3.2B3.3B3.3B3.3B9.4B9.8B
Total Liab5.3B5.6B5.9B5.9B5.1B4.4B
Total Current Assets9.5B10.9B11.9B13.1B12.9B6.6B
Short Term Debt25.2M12.0M2.0B2.0B2.0B2.1B
Accounts Payable435.9M511.3M621.2M566.0M619.0M381.2M
Common Stock Total Equity2.7M2.7M2.5M2.3M2.6M2.8M
Accumulated Other Comprehensive Income(445K)(345K)(245K)(145K)(45K)0.0
Common Stock2.7M2.7M2.5M2.3M2.1M2.7M
Other Liab579.4M553.0M1.0B1.4B1.3B856.3M
Other Assets201.4M1.7B3.1B1.2B1.5B1.0B
Long Term Debt2.8B2.8B2.7B2.6B2.5B3.0B
Intangible Assets84.6M94.5M78.0M66.9M56.3M53.5M
Current Deferred Revenue294.4M449.5M844.8M783.6M2.8B3.0B
Property Plant Equipment181.7M203.0M223.5M273.7M314.8M330.5M
Property Plant And Equipment Gross181.7M203.0M452.0M516.0M563.3M591.5M
Short Term Investments509.0M565.0M947.1M677.2M516.1M464.5M
Net Tangible Assets5.3B6.4B7.3B8.8B10.1B5.1B
Retained Earnings Total Equity2.2B3.3B4.2B5.6B6.4B6.7B
Long Term Debt Total2.8B2.8B2.0B2.0B1.8B2.1B
Capital Surpluse3.2B3.3B3.3B3.3B3.8B3.5B

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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.
Note that the PulteGroup information on this page should be used as a complementary analysis to other PulteGroup'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running PulteGroup's price analysis, check to measure PulteGroup'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 PulteGroup is operating at the current time. Most of PulteGroup's value examination focuses on studying past and present price action to predict the probability of PulteGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PulteGroup's price. Additionally, you may evaluate how the addition of PulteGroup to your portfolios can decrease your overall portfolio volatility.
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Is PulteGroup'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 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
12.33
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.