Pinnacle Property Plant And Equipment Net vs Total Liab Analysis
PNW Stock | USD 76.63 0.22 0.29% |
Pinnacle West financial indicator trend analysis is much more than just breaking down Pinnacle West Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinnacle West Capital is a good investment. Please check the relationship between Pinnacle West Property Plant And Equipment Net and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. 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.
Property Plant And Equipment Net vs Total Liab
Property Plant And Equipment Net vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinnacle West Capital Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Pinnacle West's Property Plant And Equipment Net and Total Liab is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Pinnacle West Capital, assuming nothing else is changed. The correlation between historical values of Pinnacle West's Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Pinnacle West Capital are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Pinnacle West's Property Plant And Equipment Net and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Pinnacle West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinnacle West Capital 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 Pinnacle West Capital. 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. Tax Provision is likely to climb to about 111.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 151.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 1.7B | 1.8B | 1.8B | Total Revenue | 3.8B | 4.3B | 4.7B | 3.1B |
Pinnacle West fundamental ratios Correlations
Click cells to compare fundamentals
Pinnacle West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinnacle West fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 112.8M | 112.9M | 113.2M | 113.4M | 113.8M | 105.8M | |
Total Assets | 18.5B | 20.0B | 22.0B | 22.7B | 24.7B | 14.0B | |
Short Long Term Debt Total | 5.8B | 6.9B | 8.2B | 8.9B | 10.3B | 10.8B | |
Other Current Liab | 739.6M | 749.7M | 779.1M | 793.3M | 852.5M | 548.6M | |
Total Current Liabilities | 2.1B | 1.4B | 1.8B | 1.8B | 2.9B | 1.4B | |
Total Stockholder Equity | 5.4B | 5.6B | 5.9B | 6.0B | 6.2B | 4.1B | |
Property Plant And Equipment Net | 14.4B | 15.4B | 16.6B | 17.4B | 19.0B | 10.5B | |
Net Debt | 5.8B | 6.9B | 8.2B | 8.9B | 10.3B | 10.8B | |
Retained Earnings | 2.8B | 3.0B | 3.3B | 3.4B | 3.5B | 1.8B | |
Accounts Payable | 346.4M | 318.6M | 393.1M | 430.4M | 442.5M | 311.4M | |
Cash | 10.3M | 60.0M | 10.0M | 4.8M | 5.0M | 4.7M | |
Non Current Assets Total | 17.4B | 18.8B | 20.5B | 21.0B | 22.7B | 12.9B | |
Non Currrent Assets Other | 97.0M | 92.9M | 97.9M | 1.9B | 1.9B | 1.1B | |
Cash And Short Term Investments | 10.3M | 60.0M | 10.0M | 4.8M | 5.0M | 4.7M | |
Net Receivables | 408.1M | 432.8M | 508.1M | 608.3M | 659.3M | 448.5M | |
Common Stock Total Equity | 2.6B | 2.7B | 2.7B | 2.7B | 3.1B | 2.1B | |
Liabilities And Stockholders Equity | 18.5B | 20.0B | 22.0B | 22.7B | 24.7B | 14.0B | |
Non Current Liabilities Total | 10.8B | 12.9B | 14.2B | 14.8B | 15.5B | 8.4B | |
Inventory | 345.9M | 334.3M | 367.2M | 450.6M | 493.5M | 518.2M | |
Other Current Assets | 195.0M | 192.5M | 214.3M | 138.4M | 264.0M | 227.7M | |
Other Stockholder Equity | (9.4M) | (6.3M) | (6.4M) | (5.0M) | (8.2M) | (7.8M) | |
Total Liab | 12.9B | 14.3B | 16.0B | 16.6B | 18.4B | 9.8B | |
Property Plant And Equipment Gross | 14.4B | 15.4B | 24.5B | 25.7B | 27.8B | 29.2B | |
Total Current Assets | 1.0B | 1.2B | 1.6B | 1.8B | 1.9B | 1.1B | |
Accumulated Other Comprehensive Income | (57.1M) | (62.8M) | (54.9M) | (31.4M) | (33.1M) | (34.8M) | |
Short Term Debt | 927.4M | 243.8M | 542.4M | 496.6M | 1.6B | 1.6B | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.8B | 2.4B | |
Current Deferred Revenue | 64.9M | 48.3M | 42.3M | 41.8M | 42.0M | 73.5M | |
Other Liab | 6.0B | 6.2B | 6.6B | 6.4B | 7.4B | 7.8B | |
Other Assets | 2.9B | 3.3B | 3.7B | 3.3B | 3.8B | 4.0B | |
Long Term Debt | 4.8B | 6.3B | 6.9B | 7.7B | 7.5B | 4.3B | |
Property Plant Equipment | 14.5B | 15.2B | 16.0B | 2.7B | 3.1B | 2.9B | |
Treasury Stock | (4.8M) | (9.4M) | (6.3M) | (6.4M) | (5.8M) | (6.0M) | |
Intangible Assets | 290.6M | 282.6M | 273.7M | 258.9M | 267.1M | 190.7M | |
Short Term Investments | 515K | 2.9M | 63.5M | 5.7B | 38.6M | 36.7M | |
Noncontrolling Interest In Consolidated Entity | 125.8M | 122.5M | 119.3M | 115.3M | 132.5M | 95.8M | |
Retained Earnings Total Equity | 2.6B | 2.8B | 3.0B | 3.3B | 3.8B | 2.0B | |
Deferred Long Term Liab | 1.3B | 1.1B | 1.2B | 1.3B | 1.5B | 934.3M |
Pinnacle West Investors Sentiment
The influence of Pinnacle West's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Pinnacle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Pinnacle West's public news can be used to forecast risks associated with an investment in Pinnacle. The trend in average sentiment can be used to explain how an investor holding Pinnacle can time the market purely based on public headlines and social activities around Pinnacle West Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pinnacle West's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pinnacle West's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pinnacle West's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pinnacle West.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pinnacle West in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pinnacle West's short interest history, or implied volatility extrapolated from Pinnacle West options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. 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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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Is Pinnacle West'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 Pinnacle West. If investors know Pinnacle 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 Pinnacle West 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 0.215 | Dividend Share 3.49 | Earnings Share 4.59 | Revenue Per Share 41.431 | Quarterly Revenue Growth 0.007 |
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West'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 Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West'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 Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West'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.