PDD Other Current Liab vs Common Stock Shares Outstanding Analysis

PDD Stock  USD 99.31  1.38  1.37%   
PDD Holdings financial indicator trend analysis is much more than just breaking down PDD Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PDD Holdings is a good investment. Please check the relationship between PDD Holdings Other Current Liab and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PDD Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.

Other Current Liab vs Common Stock Shares Outstanding

Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PDD Holdings Other Current Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PDD Holdings' Other Current Liab and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of PDD Holdings, assuming nothing else is changed. The correlation between historical values of PDD Holdings' Other Current Liab and Common Stock Shares Outstanding 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 Liab of PDD Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., PDD Holdings' Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from PDD Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PDD Holdings 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 PDD Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.At present, PDD Holdings' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 25.74, whereas Selling General Administrative is forecasted to decline to about 2.6 B.
 2021 2022 2023 2024 (projected)
Interest Income3.1B4.0B10.2B10.7B
Net Interest Income1.8B3.9B10.2B10.7B

PDD Holdings fundamental ratios Correlations

0.770.831.00.990.990.970.86-0.830.730.990.950.960.831.00.950.790.871.00.87-0.580.840.880.990.941.0
0.770.970.820.70.80.640.37-0.350.170.830.610.580.860.740.760.830.90.780.85-0.280.920.940.840.520.8
0.830.970.880.770.850.730.45-0.450.250.890.670.660.90.810.840.920.930.840.93-0.230.920.980.890.610.86
1.00.820.880.980.990.950.81-0.780.661.00.920.930.860.990.960.830.90.990.91-0.530.870.911.00.911.0
0.990.70.770.980.980.970.9-0.880.80.970.970.980.791.00.930.730.830.990.82-0.640.80.820.970.960.99
0.990.80.850.990.980.950.81-0.80.710.980.930.940.870.990.920.780.890.990.86-0.60.870.890.980.910.99
0.970.640.730.950.970.950.89-0.820.790.950.90.980.80.970.940.680.840.970.78-0.650.790.790.940.980.96
0.860.370.450.810.90.810.89-0.940.930.80.920.950.490.880.810.490.570.840.61-0.650.520.540.80.960.83
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0.730.170.250.660.80.710.790.93-0.930.630.850.870.40.770.60.260.420.730.37-0.750.360.350.630.880.7
0.990.830.891.00.970.980.950.8-0.760.630.90.930.860.980.970.850.910.990.92-0.50.880.921.00.90.99
0.950.610.670.920.970.930.90.92-0.960.850.90.950.660.960.850.670.70.930.76-0.620.690.730.910.930.94
0.960.580.660.930.980.940.980.95-0.90.870.930.950.720.970.920.640.760.960.75-0.670.720.730.921.00.95
0.830.860.90.860.790.870.80.49-0.480.40.860.660.720.810.790.760.940.850.76-0.520.970.930.860.690.84
1.00.740.810.991.00.990.970.88-0.860.770.980.960.970.810.930.750.851.00.85-0.610.820.850.980.950.99
0.950.760.840.960.930.920.940.81-0.710.60.970.850.920.790.930.830.880.950.91-0.420.820.880.970.90.95
0.790.830.920.830.730.780.680.49-0.510.260.850.670.640.760.750.830.80.770.94-0.040.80.920.840.60.8
0.870.90.930.90.830.890.840.57-0.50.420.910.70.760.940.850.880.80.890.85-0.420.930.940.910.740.89
1.00.780.840.990.990.990.970.84-0.810.730.990.930.960.851.00.950.770.890.86-0.60.850.880.990.941.0
0.870.850.930.910.820.860.780.61-0.590.370.920.760.750.760.850.910.940.850.86-0.150.790.920.910.710.89
-0.58-0.28-0.23-0.53-0.64-0.6-0.65-0.650.62-0.75-0.5-0.62-0.67-0.52-0.61-0.42-0.04-0.42-0.6-0.15-0.52-0.34-0.51-0.67-0.56
0.840.920.920.870.80.870.790.52-0.490.360.880.690.720.970.820.820.80.930.850.79-0.520.960.880.680.86
0.880.940.980.910.820.890.790.54-0.530.350.920.730.730.930.850.880.920.940.880.92-0.340.960.920.690.89
0.990.840.891.00.970.980.940.8-0.760.631.00.910.920.860.980.970.840.910.990.91-0.510.880.920.91.0
0.940.520.610.910.960.910.980.96-0.890.880.90.931.00.690.950.90.60.740.940.71-0.670.680.690.90.92
1.00.80.861.00.990.990.960.83-0.810.70.990.940.950.840.990.950.80.891.00.89-0.560.860.891.00.92
Click cells to compare fundamentals

PDD Holdings Account Relationship Matchups

PDD Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets76.1B158.9B181.2B237.1B348.1B365.5B
Short Long Term Debt Total6.6B17.0B12.8B16.9B10.2B8.9B
Other Current Liab14.2B21.5B21.9B26.7B20.4B15.6B
Total Current Liabilities45.8B83.9B93.7B116.9B152.9B160.5B
Total Stockholder Equity24.6B60.2B75.1B117.8B187.2B196.6B
Other Liab7.4M2.9M32.3M13.0M15.0M8.7M
Net Tangible Assets22.7B58.9B74.4B117.6B135.3B142.0B
Property Plant And Equipment Net558.5M832.7M3.1B2.5B5.1B5.3B
Current Deferred Revenue606.0M2.4B1.2B1.4B20.1B21.1B
Net Debt881.6M(5.5B)6.3B(17.4B)(49.6B)(47.1B)
Retained Earnings(18.3B)(25.5B)(17.7B)15.2B75.1B78.9B
Accounts Payable29.9B55.0B64.5B67.3B93.1B97.8B
Cash5.8B22.4B6.4B34.3B59.8B62.8B
Non Current Assets Total3.1B9.4B20.3B20.5B53.3B56.0B
Non Currrent Assets Other503.1M7.3B16.4B16.9B15.1B7.8B
Other Assets69.5M7.3B16.5B3.6B4.1B4.4B
Long Term Debt5.2B14.4B11.8B1.6B5.2B5.3B
Cash And Short Term Investments41.1B87.0B92.9B149.4B217.2B228.1B
Net Receivables3.4B3.9B6.0B3.4B7.4B7.8B
Common Stock Total Equity104K142K148K159K182.9K134.0K
Common Stock Shares Outstanding1.2B1.2B1.4B1.4B1.5B1.3B
Short Term Investments35.3B64.6B86.5B115.1B157.4B165.3B
Liabilities And Stockholders Equity76.1B158.9B181.2B237.1B348.1B365.5B
Non Current Liabilities Total5.6B14.9B12.4B2.5B7.9B5.9B
Capital Lease Obligations544.3M668.0M971.4M1.5B4.3B4.5B
Inventory27.6B1.7B14.2M(6.9B)(17.2B)(16.3B)
Other Current Assets950.3M56.9B68.0B63.8B70.1B35.9B
Other Stockholder Equity41.5B86.7B95.3B99.3B107.3B63.5B
Total Liab51.4B98.7B106.1B119.3B160.8B168.9B
Property Plant And Equipment Gross558.5M832.7M3.1B2.5B8.3B8.7B
Total Current Assets73.0B149.5B160.9B216.6B294.8B309.5B
Accumulated Other Comprehensive Income1.4B(1.0B)(2.5B)3.3B4.8B5.1B
Short Term Debt1.0B2.1B8.1B14.5B2.3B4.0B
Intangible Assets2.0B1.3B701.2M134.0M21.1M20.1M
Common Stock148K159K161K170K177K153.6K
Property Plant Equipment558.5M832.7M3.1B2.5B2.8B3.0B
Net Invested Capital30.8B76.5B86.9B133.2B193.1B202.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PDD Holdings is a strong investment it is important to analyze PDD Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PDD Holdings' future performance. For an informed investment choice regarding PDD Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PDD Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Broadline Retail space 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 PDD Holdings. If investors know PDD 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 PDD Holdings 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
1.4
Earnings Share
10.16
Revenue Per Share
248.59
Quarterly Revenue Growth
0.857
Return On Assets
0.1725
The market value of PDD Holdings is measured differently than its book value, which is the value of PDD that is recorded on the company's balance sheet. Investors also form their own opinion of PDD Holdings' value that differs from its market value or its book value, called intrinsic value, which is PDD Holdings' 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 PDD Holdings' market value can be influenced by many factors that don't directly affect PDD Holdings' 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 PDD Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PDD Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PDD Holdings' 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.