Palo Total Current Assets vs Total Permanent Equity Analysis

PANW Stock

USD 396.40 10.02 2.59%

Palo Alto financial indicator trend analysis is much more than just breaking down Palo Alto Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palo Alto Networks is a good investment. Please check the relationship between Palo Alto Total Current Assets and its Total Permanent Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Total Permanent Equity

Total Current Assets vs Total Permanent Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palo Alto Networks Total Current Assets account and Total Permanent Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Palo Alto's Total Current Assets and Total Permanent Equity is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of Palo Alto Networks, assuming nothing else is changed. The correlation between historical values of Palo Alto's Total Current Assets and Total Permanent Equity 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 Current Assets of Palo Alto Networks are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Total Current Assets i.e., Palo Alto's Total Current Assets and Total Permanent Equity go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Permanent Equity

Most indicators from Palo Alto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palo Alto Networks 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 Palo Alto Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Palo Alto's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.12 in 2024, despite the fact that Tax Provision is likely to grow to (1.5 B).

	2021	2022	2023	2024 (projected)
Interest Expense	27.4M	27.2M	8.3M	7.9M
Depreciation And Amortization	337M	332.1M	283.3M	150.3M

Interest Expense Depreciation And Amortization

Palo Alto fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets
Common Stock Shares Outstanding		0.69	0.7	0.67	0.48	0.68	0.72	0.68	0.41	-0.15	0.72	0.57	0.62	0.49	0.66	0.72	0.64	0.77	0.71	0.33	0.69	-0.13	0.71	0.57	0.1	0.76
Total Assets	0.69		0.98	0.94	0.84	0.99	0.96	0.99	0.37	0.31	0.93	0.51	0.99	0.91	0.99	0.62	0.98	0.91	0.97	0.28	0.99	-0.41	0.99	0.94	0.18	0.95
Other Current Liab	0.7	0.98		0.98	0.73	0.98	0.97	0.98	0.53	0.15	0.95	0.54	0.95	0.84	0.98	0.66	0.96	0.89	0.95	0.34	0.99	-0.43	1.0	0.89	0.22	0.96
Total Current Liabilities	0.67	0.94	0.98		0.65	0.96	0.92	0.96	0.58	0.1	0.96	0.5	0.91	0.8	0.97	0.62	0.96	0.82	0.87	0.39	0.97	-0.39	0.97	0.82	0.2	0.93
Total Stockholder Equity	0.48	0.84	0.73	0.65		0.82	0.7	0.82	-0.13	0.71	0.65	0.2	0.9	0.91	0.8	0.27	0.82	0.76	0.82	0.07	0.8	-0.26	0.75	0.89	0.03	0.69
Other Liab	0.68	0.99	0.98	0.96	0.82		0.93	1.0	0.38	0.3	0.94	0.44	0.98	0.87	0.99	0.56	0.99	0.89	0.94	0.39	1.0	-0.41	0.98	0.9	0.18	0.93
Property Plant And Equipment Net	0.72	0.96	0.97	0.92	0.7	0.93		0.94	0.51	0.09	0.91	0.68	0.91	0.82	0.94	0.76	0.91	0.91	0.98	0.27	0.95	-0.45	0.98	0.9	0.21	0.98
Current Deferred Revenue	0.68	0.99	0.98	0.96	0.82	1.0	0.94		0.4	0.29	0.94	0.45	0.98	0.88	1.0	0.57	0.99	0.89	0.94	0.36	1.0	-0.41	0.99	0.91	0.18	0.94
Net Debt	0.41	0.37	0.53	0.58	-0.13	0.38	0.51	0.4		-0.6	0.52	0.39	0.28	0.12	0.44	0.53	0.36	0.33	0.35	0.33	0.43	-0.16	0.49	0.2	0.27	0.49
Retained Earnings	-0.15	0.31	0.15	0.1	0.71	0.3	0.09	0.29	-0.6		0.06	-0.35	0.44	0.58	0.28	-0.39	0.35	0.11	0.24	-0.22	0.26	0.01	0.17	0.47	-0.04	0.05
Accounts Payable	0.72	0.93	0.95	0.96	0.65	0.94	0.91	0.94	0.52	0.06		0.53	0.87	0.77	0.93	0.7	0.93	0.88	0.88	0.44	0.95	-0.47	0.95	0.78	0.18	0.95
Cash	0.57	0.51	0.54	0.5	0.2	0.44	0.68	0.45	0.39	-0.35	0.53		0.38	0.37	0.44	0.93	0.39	0.6	0.64	-0.01	0.48	-0.35	0.58	0.49	0.16	0.71
Non Current Assets Total	0.62	0.99	0.95	0.91	0.9	0.98	0.91	0.98	0.28	0.44	0.87	0.38		0.93	0.98	0.48	0.98	0.86	0.94	0.27	0.98	-0.36	0.95	0.95	0.16	0.89
Non Currrent Assets Other	0.49	0.91	0.84	0.8	0.91	0.87	0.82	0.88	0.12	0.58	0.77	0.37	0.93		0.86	0.43	0.88	0.75	0.86	-0.07	0.87	-0.33	0.85	0.97	0.13	0.81
Other Assets	0.66	0.99	0.98	0.97	0.8	0.99	0.94	1.0	0.44	0.28	0.93	0.44	0.98	0.86		0.55	0.99	0.86	0.93	0.38	1.0	-0.39	0.98	0.89	0.2	0.93
Cash And Short Term Investments	0.72	0.62	0.66	0.62	0.27	0.56	0.76	0.57	0.53	-0.39	0.7	0.93	0.48	0.43	0.55		0.5	0.74	0.71	0.11	0.6	-0.41	0.68	0.54	0.19	0.82
Net Receivables	0.64	0.98	0.96	0.96	0.82	0.99	0.91	0.99	0.36	0.35	0.93	0.39	0.98	0.88	0.99	0.5		0.84	0.91	0.39	0.99	-0.39	0.97	0.89	0.16	0.9
Common Stock Total Equity	0.77	0.91	0.89	0.82	0.76	0.89	0.91	0.89	0.33	0.11	0.88	0.6	0.86	0.75	0.86	0.74	0.84		0.94	0.29	0.89	-0.57	0.9	0.83	0.18	0.93
Non Current Liabilities Total	0.71	0.97	0.95	0.87	0.82	0.94	0.98	0.94	0.35	0.24	0.88	0.64	0.94	0.86	0.93	0.71	0.91	0.94		0.23	0.94	-0.44	0.96	0.94	0.21	0.96
Inventory	0.33	0.28	0.34	0.39	0.07	0.39	0.27	0.36	0.33	-0.22	0.44	-0.01	0.27	-0.07	0.38	0.11	0.39	0.29	0.23		0.37	-0.15	0.33	-0.03	0.11	0.28
Other Current Assets	0.69	0.99	0.99	0.97	0.8	1.0	0.95	1.0	0.43	0.26	0.95	0.48	0.98	0.87	1.0	0.6	0.99	0.89	0.94	0.37		-0.41	0.99	0.9	0.19	0.95
Other Stockholder Equity	-0.13	-0.41	-0.43	-0.39	-0.26	-0.41	-0.45	-0.41	-0.16	0.01	-0.47	-0.35	-0.36	-0.33	-0.39	-0.41	-0.39	-0.57	-0.44	-0.15	-0.41		-0.43	-0.38	-0.4	-0.46
Total Liab	0.71	0.99	1.0	0.97	0.75	0.98	0.98	0.99	0.49	0.17	0.95	0.58	0.95	0.85	0.98	0.68	0.97	0.9	0.96	0.33	0.99	-0.43		0.9	0.21	0.98
Property Plant And Equipment Gross	0.57	0.94	0.89	0.82	0.89	0.9	0.9	0.91	0.2	0.47	0.78	0.49	0.95	0.97	0.89	0.54	0.89	0.83	0.94	-0.03	0.9	-0.38	0.9		0.15	0.87
Preferred Stock Total Equity	0.1	0.18	0.22	0.2	0.03	0.18	0.21	0.18	0.27	-0.04	0.18	0.16	0.16	0.13	0.2	0.19	0.16	0.18	0.21	0.11	0.19	-0.4	0.21	0.15		0.2
Total Current Assets	0.76	0.95	0.96	0.93	0.69	0.93	0.98	0.94	0.49	0.05	0.95	0.71	0.89	0.81	0.93	0.82	0.9	0.93	0.96	0.28	0.95	-0.46	0.98	0.87	0.2

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Palo Alto Account Relationship Matchups

Palo Alto fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	290.7M	289.2M	295.5M	342.3M	354M	269.5M
Total Assets	9.1B	10.2B	12.3B	14.5B	20.0B	21.0B
Other Current Liab	521.1M	760M	860.3M	939.1M	1.1B	1.1B
Total Current Liabilities	2.7B	5.1B	8.3B	7.7B	7.7B	8.1B
Total Stockholder Equity	1.1B	763.6M	210M	1.7B	5.2B	5.4B
Other Liab	1.9B	2.5B	3.5B	4.7B	5.4B	5.7B
Property Plant And Equipment Net	606.8M	581.3M	599.8M	617.8M	747M	784.4M
Current Deferred Revenue	2.0B	2.7B	3.6B	4.7B	5.5B	5.8B
Net Debt	462.7M	1.7B	1.8B	1.1B	(136.5M)	(129.7M)
Retained Earnings	(1.2B)	(1.7B)	(1.7B)	(1.2B)	1.4B	1.4B
Accounts Payable	63.6M	56.9M	128M	132.3M	116.3M	122.1M
Cash	3.0B	1.9B	2.1B	1.1B	1.5B	1.2B
Non Current Assets Total	3.9B	5.6B	5.8B	8.5B	13.1B	13.8B
Non Currrent Assets Other	603.9M	421.4M	1.1B	344.8M	2.1B	2.2B
Other Assets	513.8M	916M	1.1B	1.4B	1.6B	1.7B
Cash And Short Term Investments	3.7B	2.9B	3.6B	2.4B	2.6B	1.9B
Net Receivables	1.0B	1.2B	2.1B	2.9B	3.3B	3.5B
Common Stock Total Equity	2.3B	2.3B	1.9B	3.0B	3.5B	3.6B
Liabilities And Stockholders Equity	9.1B	10.2B	12.3B	14.5B	20.0B	21.0B
Non Current Liabilities Total	5.3B	4.4B	3.7B	5.0B	7.1B	7.5B
Other Current Assets	344.3M	505.8M	637.9M	806M	926.4M	972.7M
Other Stockholder Equity	(500K)	129.1M	(55.6M)	(43.2M)	(38.9M)	(36.9M)
Total Liab	8.0B	9.5B	12.0B	12.8B	14.8B	15.6B
Property Plant And Equipment Gross	606.8M	581.3M	599.8M	354.5M	1.3B	1.4B
Total Current Assets	5.1B	4.6B	6.4B	6.0B	6.8B	7.2B
Accumulated Other Comprehensive Income	10.5M	(9.9M)	(55.6M)	(43.2M)	(1.6M)	(1.7M)
Common Stock	2.3B	2.3B	1.9B	3.0B	3.8B	4.0B
Property Plant Equipment	606.8M	581.3M	599.8M	354.5M	407.7M	252.9M
Intangible Assets	358.2M	498.6M	384.5M	315.4M	374.9M	216.0M
Net Tangible Assets	(1.2B)	(2.6B)	(2.9B)	1.7B	1.6B	1.7B
Long Term Debt	1.4B	1.4B	3.1B	1.7B	1.9B	1.1B
Good Will	1.8B	2.7B	2.7B	2.9B	3.4B	3.5B
Retained Earnings Total Equity	(1.2B)	(1.7B)	(1.7B)	(1.2B)	(1.1B)	(1.2B)
Short Term Investments	789.8M	1.0B	1.5B	1.3B	1.0B	934.3M

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Palo Total Current Assets vs Total Permanent Equity Analysis

Total Current Assets vs Total Permanent Equity

Total Current Assets vs Total Permanent Equity Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Permanent Equity

Palo Alto fundamental ratios Correlations

Palo Alto Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Palo Alto fundamental ratios Accounts

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Additional Tools for Palo Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Other Liab
Other Current Assets	+ 1.0	Other Liab
Other Assets	+ 1.0	Current Deferred Revenue
Other Current Assets	+ 1.0	Current Deferred Revenue
Other Current Assets	+ 1.0	Other Assets

Retained Earnings	- 0.6	Net Debt
Other Stockholder Equity	- 0.57	Common Stock Total Equity
Other Stockholder Equity	- 0.47	Accounts Payable
Total Current Assets	- 0.46	Other Stockholder Equity
Other Stockholder Equity	- 0.45	Property Plant And Equipment Net
Other Stockholder Equity	- 0.44	Non Current Liabilities Total