Pinnacle Total Liab vs Long Term Investments 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 Total Liab and its Long Term Investments 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.
Total Liab vs Long Term Investments
Total Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinnacle West Capital Total Liab account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pinnacle West's Total Liab and Long Term Investments is 0.89. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Investments 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 Total Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Pinnacle West Capital are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Liab i.e., Pinnacle West's Total Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of Pinnacle West balance sheet that represents investments Pinnacle West Capital intends to hold for over a year. Pinnacle West Capital long term investments may include different instruments such as stocks, bonds, real estate and cash.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 |
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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.
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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 3.475 | 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.