PNC Depreciation And Amortization vs Operating Income Analysis
PNC Stock | USD 156.11 0.19 0.12% |
PNC Financial financial indicator trend analysis is much more than just breaking down PNC Financial Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Financial Services is a good investment. Please check the relationship between PNC Financial Depreciation And Amortization and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. 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.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PNC Financial Services Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PNC Financial's Depreciation And Amortization and Operating Income is -0.19. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of PNC Financial Services, assuming nothing else is changed. The correlation between historical values of PNC Financial's Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of PNC Financial Services are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., PNC Financial's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Operating Income
Operating Income is the amount of profit realized from PNC Financial Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PNC Financial Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from PNC Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Financial Services 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 PNC Financial Services. 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. At present, PNC Financial's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 5.76, whereas Discontinued Operations is forecasted to decline to about 4.1 B.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 6.9B | 9.5B | 18.5B | 19.5B | Operating Income | 6.9B | 9.5B | 18.7B | 19.7B |
PNC Financial fundamental ratios Correlations
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PNC Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PNC Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 448M | 427M | 426M | 412M | 401M | 377.5M | |
Total Assets | 410.3B | 466.7B | 558.4B | 557.3B | 561.6B | 589.7B | |
Short Long Term Debt Total | 60.3B | 37.2B | 30.8B | 58.7B | 72.7B | 76.4B | |
Other Current Liab | (318M) | 172.4B | 347.7B | 330.7B | 75.0B | 135.9B | |
Total Current Liabilities | 318M | 182.0B | 356.7B | 336.8B | 101.3B | 63.3B | |
Total Stockholder Equity | 49.3B | 54.0B | 55.7B | 45.8B | 51.1B | 53.7B | |
Net Debt | 31.8B | (55.0B) | (51.5B) | 24.4B | 22.0B | 14.5B | |
Retained Earnings | 42.2B | 46.8B | 50.2B | 53.6B | 56.3B | 59.1B | |
Cash | 28.5B | 92.2B | 82.3B | 34.4B | 50.7B | 53.3B | |
Non Current Assets Total | 111.4B | 105.3B | 155.8B | 150.3B | 10.9B | 10.4B | |
Non Currrent Assets Other | (11.9B) | (105.3B) | (2.8B) | (28.2B) | (159.9B) | (151.9B) | |
Other Assets | 194.1B | 175.4B | 182.8B | 260.6B | 501.9B | 527.0B | |
Cash And Short Term Investments | 97.6B | 179.5B | 213.8B | 146.4B | 48.7B | 48.4B | |
Liabilities And Stockholders Equity | 410.3B | 466.7B | 558.4B | 557.3B | 561.6B | 589.7B | |
Non Current Liabilities Total | 60.3B | 37.2B | 30.8B | 511.5B | 72.7B | 43.1B | |
Other Stockholder Equity | (405M) | (1.8B) | (2.7B) | (6.1B) | (6.4B) | (6.1B) | |
Total Liab | 361.0B | 37.2B | 30.8B | 511.5B | 72.7B | 69.1B | |
Total Current Assets | 104.8B | 186.0B | 219.8B | 146.4B | 48.7B | 43.7B | |
Short Term Debt | 318M | 9.6B | 9.0B | 6.1B | 26.3B | 27.6B | |
Accumulated Other Comprehensive Income | 799M | 2.8B | 409M | (10.2B) | (7.7B) | (7.3B) | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.1B | |
Common Stock Total Equity | 2.7B | 2.7B | 2.7B | 2.7B | 3.1B | 2.6B | |
Other Liab | 2.9B | 584M | 662M | 3.2B | 2.9B | 4.6B | |
Accounts Payable | 11.8B | 9.5B | 457.3B | 15.8B | 18.1B | 17.2B | |
Long Term Debt | 60.3B | 37.2B | 30.8B | 26.6B | 72.7B | 76.4B | |
Short Term Investments | 69.2B | 87.4B | 131.5B | 44.2B | 10.7B | 10.2B | |
Inventory | (31.8B) | (94.7B) | (85.2B) | (44.4B) | (57.2B) | (54.3B) | |
Treasury Stock | (12.8B) | (14.2B) | (15.1B) | (18.7B) | (16.8B) | (16.0B) | |
Intangible Assets | 1.6B | 1.2B | 1.8B | 3.4B | 3.7B | 2.1B | |
Property Plant Equipment | 2B | 1.9B | 1.9B | 10.6B | 12.2B | 12.8B | |
Net Receivables | 7.2B | 6.4B | 6.0B | 6.4B | 6.5B | 7.0B | |
Noncontrolling Interest In Consolidated Entity | 42M | 29M | 31M | 38M | 34.2M | 32.5M | |
Retained Earnings Total Equity | 42.2B | 46.8B | 50.2B | 53.6B | 61.6B | 35.1B | |
Net Tangible Assets | 40.1B | 44.8B | 44.8B | 34.8B | 40.0B | 37.9B | |
Long Term Debt Total | 43.9B | 33.7B | 30.8B | 26.6B | 30.6B | 33.3B | |
Capital Surpluse | 16.4B | 15.9B | 17.5B | 18.4B | 21.1B | 17.9B |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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When running PNC Financial's price analysis, check to measure PNC 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 PNC Financial is operating at the current time. Most of PNC Financial's value examination focuses on studying past and present price action to predict the probability of PNC 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 PNC Financial's price. Additionally, you may evaluate how the addition of PNC Financial to your portfolios can decrease your overall portfolio volatility.
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Is PNC 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 PNC Financial. If investors know PNC 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 PNC 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 (0.22) | Dividend Share 6.15 | Earnings Share 11.92 | Revenue Per Share 50.83 | Quarterly Revenue Growth (0.07) |
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC 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 PNC Financial's market value can be influenced by many factors that don't directly affect PNC 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 PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC 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.