Principal Other Assets vs Non Current Assets Total Analysis

PFG Stock  USD 82.18  0.22  0.27%   
Principal Financial financial indicator trend analysis is much more than just breaking down Principal Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Principal Financial is a good investment. Please check the relationship between Principal Financial Other Assets and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Other Assets vs Non Current Assets Total

Other Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Principal Financial Other Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Principal Financial's Other Assets and Non Current Assets Total is -0.44. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Principal Financial Group, assuming nothing else is changed. The correlation between historical values of Principal Financial's Other Assets and Non Current Assets Total 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 Assets of Principal Financial Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Assets i.e., Principal Financial's Other Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Assets

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Principal Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Principal 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 Principal Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The current Selling General Administrative is estimated to decrease to about 3.7 B. The current Tax Provision is estimated to decrease to about 65.3 M
 2021 2022 2023 2024 (projected)
Gross Profit14.3B17.5B13.7B12.3B
Total Revenue14.3B17.5B13.7B12.3B

Principal Financial fundamental ratios Correlations

0.42-0.61-0.470.790.780.420.660.440.460.420.750.69-0.760.74-0.11-0.171.00.590.00.90.910.590.270.320.78
0.42-0.130.080.00.32-0.210.540.580.51.00.30.37-0.420.280.34-0.040.430.00.060.420.46-0.06-0.220.60.26
-0.61-0.130.77-0.43-0.470.15-0.41-0.57-0.51-0.13-0.410.080.82-0.38-0.130.32-0.61-0.10.72-0.36-0.31-0.110.22-0.38-0.81
-0.470.080.77-0.54-0.17-0.170.12-0.26-0.220.08-0.60.220.36-0.59-0.31-0.33-0.47-0.280.71-0.11-0.14-0.28-0.120.26-0.44
0.790.0-0.43-0.540.610.610.370.08-0.050.00.740.52-0.470.74-0.340.070.780.830.010.690.750.840.61-0.110.43
0.780.32-0.47-0.170.610.310.830.320.30.310.50.59-0.770.49-0.32-0.470.780.480.090.830.850.480.170.490.67
0.42-0.210.15-0.170.610.31-0.03-0.56-0.21-0.210.560.560.090.59-0.20.340.410.630.510.360.460.660.66-0.48-0.07
0.660.54-0.410.120.370.83-0.030.470.370.540.240.6-0.840.22-0.37-0.720.670.270.130.780.770.27-0.050.840.66
0.440.58-0.57-0.260.080.32-0.560.470.590.580.20.07-0.610.150.16-0.310.45-0.06-0.440.430.34-0.1-0.320.60.69
0.460.5-0.51-0.22-0.050.3-0.210.370.590.50.160.13-0.530.130.59-0.290.48-0.43-0.280.350.26-0.44-0.680.540.64
0.421.0-0.130.080.00.31-0.210.540.580.50.30.37-0.420.280.34-0.030.430.00.060.420.46-0.06-0.220.590.26
0.750.3-0.41-0.60.740.50.560.240.20.160.30.43-0.441.00.10.320.750.63-0.040.520.630.620.43-0.130.34
0.690.370.080.220.520.590.560.60.070.130.370.43-0.350.43-0.41-0.210.690.590.720.840.850.580.450.260.35
-0.76-0.420.820.36-0.47-0.770.09-0.84-0.61-0.53-0.42-0.44-0.35-0.410.130.62-0.76-0.220.3-0.68-0.65-0.220.16-0.74-0.86
0.740.28-0.38-0.590.740.490.590.220.150.130.281.00.43-0.410.090.340.730.64-0.020.510.620.630.45-0.160.3
-0.110.34-0.13-0.31-0.34-0.32-0.2-0.370.160.590.340.1-0.410.130.090.45-0.1-0.59-0.41-0.36-0.34-0.62-0.61-0.09-0.1
-0.17-0.040.32-0.330.07-0.470.34-0.72-0.31-0.29-0.030.32-0.210.620.340.45-0.180.18-0.02-0.36-0.240.150.37-0.81-0.54
1.00.43-0.61-0.470.780.780.410.670.450.480.430.750.69-0.760.73-0.1-0.180.580.00.910.910.570.250.330.79
0.590.0-0.1-0.280.830.480.630.27-0.06-0.430.00.630.59-0.220.64-0.590.180.580.270.590.691.00.91-0.230.18
0.00.060.720.710.010.090.510.13-0.44-0.280.06-0.040.720.3-0.02-0.41-0.020.00.270.280.310.280.41-0.06-0.32
0.90.42-0.36-0.110.690.830.360.780.430.350.420.520.84-0.680.51-0.36-0.360.910.590.280.970.590.310.440.73
0.910.46-0.31-0.140.750.850.460.770.340.260.460.630.85-0.650.62-0.34-0.240.910.690.310.970.680.40.360.62
0.59-0.06-0.11-0.280.840.480.660.27-0.1-0.44-0.060.620.58-0.220.63-0.620.150.571.00.280.590.680.92-0.240.19
0.27-0.220.22-0.120.610.170.66-0.05-0.32-0.68-0.220.430.450.160.45-0.610.370.250.910.410.310.40.92-0.51-0.13
0.320.6-0.380.26-0.110.49-0.480.840.60.540.59-0.130.26-0.74-0.16-0.09-0.810.33-0.23-0.060.440.36-0.24-0.510.57
0.780.26-0.81-0.440.430.67-0.070.660.690.640.260.340.35-0.860.3-0.1-0.540.790.18-0.320.730.620.19-0.130.57
Click cells to compare fundamentals

Principal Financial Account Relationship Matchups

Principal Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.1B313.5B321.2B303.0B305B207.9B
Short Long Term Debt Total3.8B4.4B4.4B24.5B4.0B3.9B
Other Current Liab(93.4M)(84.7M)(79.8M)19.2M(19.7B)(18.7B)
Total Current Liabilities93.4M84.7M79.8M20.5B19.7B20.7B
Total Stockholder Equity14.6B16.6B16.1B10.0B10.9B10.5B
Other Liab254.2B272.2B283.8B253.7B291.7B306.3B
Net Debt1.3B1.5B2.0B(770.3M)(715.7M)(679.9M)
Retained Earnings11.1B11.8B12.9B17.0B16.7B17.5B
Cash2.5B2.8B2.3B4.8B4.7B2.5B
Other Assets139.6B144.5B153.7B288.0B292.3B167.1B
Long Term Debt3.7B4.3B4.3B24.4B3.9B3.5B
Cash And Short Term Investments72.6B81.6B80.5B67.7B27.2B34.5B
Good Will1.7B1.7B1.6B1.6B1.6B954.5M
Common Stock Shares Outstanding281M276.6M272.9M255.3M244.6M238.2M
Short Term Investments70.1B78.7B78.2B62.9B22.5B32.1B
Liabilities And Stockholders Equity291.1B313.5B321.2B303.0B305.0B207.9B
Non Current Liabilities Total5.5B6.6B6.6B261.4B3.9B3.7B
Other Stockholder Equity2.5B2.3B1.6B153.5M(20.8B)(19.7B)
Total Liab276.1B296.6B304.7B292.7B293.8B197.2B
Total Current Assets74.4B83.3B82.3B10.9B4.7B4.5B
Accumulated Other Comprehensive Income1.0B2.4B1.6B(7.2B)14.6B15.3B
Intangible Assets1.8B1.7B1.6B1.5B1.5B1.2B
Property Plant Equipment967.7M1.0B1.0B996.1M1.1B672.2M
Property Plant And Equipment Net967.7M1.0B1.0B996.1M938.4M692.8M
Non Current Assets Total77.1B85.7B85.2B4.1B8.0B7.6B
Non Currrent Assets Other(1.8B)(2.3B)(2.3B)(66.6B)(65.7B)(68.9B)
Net Receivables1.7B1.7B1.8B26.3B24.6B25.8B
Other Current Assets7.3B7.7B6.5B11.5B10.6B10.1B
Property Plant And Equipment Gross759.5M767.3M967.7M1.0B1.2B633.3M
Treasury Stock(7.4B)(7.7B)(8.0B)(8.9B)(8.0B)(7.6B)
Short Term Debt93.4M84.7M79.8M80.7M61.1M58.0M
Noncontrolling Interest In Consolidated Entity67.8M58.4M56.4M41.1M47.3M51.5M
Accounts Payable16.2M22.3M15.5M20.4B19.6B20.6B
Retained Earnings Total Equity11.1B11.8B12.9B17.0B19.6B20.6B
Inventory(7.3B)(7.7B)(6.5B)(94.6B)(57.7B)(54.8B)
Deferred Long Term Liab1.8B2.3B2.3B1.2B1.4B1.1B
Net Tangible Assets11.4B13.4B13.2B7.1B8.2B10.4B

Currently Active Assets on Macroaxis

When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial's 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 Principal Financial's future performance. For an informed investment choice regarding Principal 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 Principal Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Life & Health Insurance 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 Principal Financial. If investors know Principal 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 Principal 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
(0.06)
Dividend Share
2.79
Earnings Share
(0.74)
Revenue Per Share
59.953
Quarterly Revenue Growth
(0.34)
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal 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 Principal Financial's market value can be influenced by many factors that don't directly affect Principal 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 Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal 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.