Pinnacle Short Long Term Debt vs Cash And Equivalents Analysis
PNW Stock | USD 73.69 0.51 0.69% |
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 Short Long Term Debt and its Cash And Equivalents 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.
Short Long Term Debt vs Cash And Equivalents
Short Long Term Debt vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinnacle West Capital Short Long Term Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pinnacle West's Short Long Term Debt and Cash And Equivalents is -0.34. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Cash And Equivalents 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 Short Long Term Debt 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 Short Long Term Debt of Pinnacle West Capital 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 Short Long Term Debt i.e., Pinnacle West's Short Long Term Debt and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Cash And Equivalents
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 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pinnacle West Capital using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Pinnacle Stock analysis
When running Pinnacle West's price analysis, check to measure Pinnacle West'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 Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
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 3.475 | Earnings Share 4.41 | Revenue Per Share 41.396 | Quarterly Revenue Growth (0.02) |
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.