Prudential Other Current Assets vs Other Current Liab Analysis

PRU Stock  USD 110.50  0.68  0.61%   
Prudential Financial financial indicator trend analysis is much more than just breaking down Prudential Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential Financial is a good investment. Please check the relationship between Prudential Financial Other Current Assets and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Financial Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Prudential Financial's Other Current Assets and Other Current Liab is -0.94. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Prudential Financial, assuming nothing else is changed. The correlation between historical values of Prudential Financial's Other Current Assets and Other Current 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 Other Current Assets of Prudential Financial are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Prudential Financial's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

Most indicators from Prudential Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential Financial 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 Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit61.4B60.1B54.3B48.6B
Total Revenue61.4B60.1B54.3B49.9B

Prudential Financial fundamental ratios Correlations

0.790.670.510.280.45-0.030.520.91.00.290.060.050.40.5-0.250.91-0.19-0.7-0.07-0.630.57-0.730.120.12-0.1
0.790.50.350.210.02-0.290.190.610.750.060.050.050.250.43-0.380.6-0.3-0.28-0.49-0.240.74-0.350.20.2-0.03
0.670.50.770.570.390.12-0.040.630.67-0.27-0.38-0.38-0.310.1-0.440.630.24-0.730.11-0.780.46-0.68-0.27-0.270.28
0.510.350.770.160.27-0.25-0.110.50.51-0.53-0.55-0.55-0.410.23-0.370.50.03-0.580.31-0.650.58-0.410.050.050.48
0.280.210.570.160.280.27-0.120.320.28-0.040.070.07-0.1-0.11-0.20.330.08-0.19-0.13-0.180.04-0.38-0.05-0.05-0.14
0.450.020.390.270.280.440.570.50.480.430.050.040.170.04-0.020.520.25-0.650.26-0.59-0.09-0.63-0.2-0.2-0.08
-0.03-0.290.12-0.250.270.440.3-0.050.00.350.090.090.06-0.65-0.16-0.020.71-0.38-0.02-0.37-0.51-0.47-0.71-0.71-0.07
0.520.19-0.04-0.11-0.120.570.30.340.540.820.340.330.810.220.080.35-0.09-0.460.08-0.34-0.01-0.570.030.03-0.18
0.90.610.630.50.320.5-0.050.340.910.190.040.040.260.5-0.161.0-0.17-0.650.05-0.560.45-0.60.160.16-0.22
1.00.750.670.510.280.480.00.540.910.30.060.050.410.49-0.240.92-0.17-0.72-0.02-0.650.54-0.750.110.11-0.1
0.290.06-0.27-0.53-0.040.430.350.820.190.30.540.530.880.150.240.2-0.1-0.15-0.07-0.04-0.24-0.34-0.01-0.01-0.44
0.060.05-0.38-0.550.070.050.090.340.040.060.541.00.630.420.730.04-0.450.34-0.290.44-0.540.10.390.39-0.94
0.050.05-0.38-0.550.070.040.090.330.040.050.531.00.630.420.730.03-0.450.34-0.290.44-0.540.10.390.39-0.94
0.40.25-0.31-0.41-0.10.170.060.810.260.410.880.630.630.40.290.26-0.43-0.03-0.130.09-0.06-0.270.340.34-0.5
0.50.430.10.23-0.110.04-0.650.220.50.490.150.420.420.40.540.49-0.73-0.040.10.020.22-0.020.650.65-0.46
-0.25-0.38-0.44-0.37-0.2-0.02-0.160.08-0.16-0.240.240.730.730.290.54-0.16-0.40.350.20.38-0.680.310.370.37-0.73
0.910.60.630.50.330.52-0.020.351.00.920.20.040.030.260.49-0.16-0.15-0.670.05-0.580.44-0.620.140.14-0.21
-0.19-0.30.240.030.080.250.71-0.09-0.17-0.17-0.1-0.45-0.45-0.43-0.73-0.4-0.15-0.4-0.08-0.47-0.22-0.23-0.95-0.950.42
-0.7-0.28-0.73-0.58-0.19-0.65-0.38-0.46-0.65-0.72-0.150.340.34-0.03-0.040.35-0.67-0.4-0.330.98-0.290.890.450.45-0.28
-0.07-0.490.110.31-0.130.26-0.020.080.05-0.02-0.07-0.29-0.29-0.130.10.20.05-0.08-0.33-0.35-0.14-0.260.050.050.21
-0.63-0.24-0.78-0.65-0.18-0.59-0.37-0.34-0.56-0.65-0.040.440.440.090.020.38-0.58-0.470.98-0.35-0.290.850.510.51-0.38
0.570.740.460.580.04-0.09-0.51-0.010.450.54-0.24-0.54-0.54-0.060.22-0.680.44-0.22-0.29-0.14-0.29-0.220.20.20.53
-0.73-0.35-0.68-0.41-0.38-0.63-0.47-0.57-0.6-0.75-0.340.10.1-0.27-0.020.31-0.62-0.230.89-0.260.85-0.220.30.3-0.11
0.120.2-0.270.05-0.05-0.2-0.710.030.160.11-0.010.390.390.340.650.370.14-0.950.450.050.510.20.31.0-0.37
0.120.2-0.270.05-0.05-0.2-0.710.030.160.11-0.010.390.390.340.650.370.14-0.950.450.050.510.20.31.0-0.37
-0.1-0.030.280.48-0.14-0.08-0.07-0.18-0.22-0.1-0.44-0.94-0.94-0.5-0.46-0.73-0.210.42-0.280.21-0.380.53-0.11-0.37-0.37
Click cells to compare fundamentals

Prudential Financial Account Relationship Matchups

Prudential Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets896.6B940.7B937.6B689.9B721.1B663.2B
Total Stockholder Equity63.1B67.4B61.9B16.3B27.8B37.7B
Other Liab752.8B825.1B831.4B613.6B705.6B740.9B
Retained Earnings33.0B30.7B36.7B33.4B32.4B19.4B
Accounts Payable11.4B12.0B9.5B5.7B15.7B9.1B
Cash16.3B13.7B12.9B17.3B19.4B14.6B
Other Assets72.7B70.5B146.9B270.4B719.7B755.7B
Long Term Debt18.6B19.7B18.9B19.9B20.0B17.7B
Short Term Investments396.6B420.7B379.0B307.7B321.3B190.9B
Total Liab832.8B872.5B875.0B672.7B691.3B625.0B
Short Long Term Debt Total21.9B20.9B19.6B21.1B20.9B24.0B
Other Current Liab(1.9B)(925M)(722M)4.2B100M95M
Total Current Liabilities1.9B925M722M5.0B125M118.8M
Net Debt5.5B7.2B6.7B3.8B1.5B1.4B
Non Current Assets Total411.0B435.8B398.7B413.4B404M383.8M
Non Currrent Assets Other(411.0B)(435.8B)(398.7B)86.2B(341.5B)(324.4B)
Cash And Short Term Investments412.9B434.4B391.9B325.0B340.7B213.0B
Common Stock Shares Outstanding410.9M395.8M390.1M372.3M364.6M369.7M
Liabilities And Stockholders Equity896.6B940.7B937.6B689.9B721.1B679.0B
Non Current Liabilities Total19.9B20.0B18.9B667.7B26.4B49.9B
Other Stockholder Equity6.1B5.9B3.9B2.7B2.0B1.9B
Total Current Assets412.9B434.4B391.9B6.1B971M922.5M
Accumulated Other Comprehensive Income24.0B30.7B21.3B(19.8B)(6.5B)(6.2B)
Short Term Debt1.9B925M722M775M873M829.4M
Other Current Assets38.1B37.1B30.9B(15.7B)28.7B30.1B
Treasury Stock(19.5B)(19.7B)(21.8B)(23.1B)(20.8B)(19.7B)
Intangible Assets1.1B1.1B771M595M1.0B1.6B
Noncontrolling Interest In Consolidated Entity604M785M732M958M862.2M819.1M
Retained Earnings Total Equity33.0B30.7B36.7B33.4B38.4B25.2B
Deferred Long Term Liab1.0B935M820M366M420.9M689.0M
Net Tangible Assets63.1B67.4B61.9B16.3B18.7B17.8B
Long Term Debt Total18.6B19.7B18.6B19.9B17.9B16.1B
Capital Surpluse25.5B25.6B25.7B25.7B29.6B27.4B
Long Term Investments526.1B556.8B398.0B420.5B339.4B472.5B
Non Current Liabilities Other800.9B839.5B846.8B652.8B750.7B783.4B

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Prudential Financial 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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Prudential Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Prudential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Prudential Financial Stock. Highlighted below are key reports to facilitate an investment decision about Prudential Financial Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Prudential Stock analysis

When running Prudential Financial's price analysis, check to measure Prudential Financial'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 Prudential Financial is operating at the current time. Most of Prudential Financial's value examination focuses on studying past and present price action to predict the probability of Prudential Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prudential Financial's price. Additionally, you may evaluate how the addition of Prudential Financial to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is Prudential Financial'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 Prudential Financial. If investors know Prudential 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 Prudential Financial 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
0.527
Dividend Share
5
Earnings Share
6.74
Revenue Per Share
148.498
Quarterly Revenue Growth
0.561
The market value of Prudential Financial is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Financial's value that differs from its market value or its book value, called intrinsic value, which is Prudential Financial'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 Prudential Financial's market value can be influenced by many factors that don't directly affect Prudential Financial'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 Prudential Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Financial'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.