Principal Total Assets vs Intangible Assets 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 Total Assets and its Intangible Assets 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.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Principal Financial Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Principal Financial's Total Assets and Intangible Assets is 0.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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 Total Assets and Intangible Assets 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 Assets of Principal Financial Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Principal Financial's Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Principal Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Principal Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Profit | 14.3B | 17.5B | 13.7B | 12.3B | Total Revenue | 14.3B | 17.5B | 13.7B | 12.3B |
Principal Financial fundamental ratios Correlations
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Principal Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Principal Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 291.1B | 313.5B | 321.2B | 303.0B | 305B | 207.9B | |
Short Long Term Debt Total | 3.8B | 4.4B | 4.4B | 24.5B | 4.0B | 3.9B | |
Other Current Liab | (93.4M) | (84.7M) | (79.8M) | 19.2M | (19.7B) | (18.7B) | |
Total Current Liabilities | 93.4M | 84.7M | 79.8M | 20.5B | 19.7B | 20.7B | |
Total Stockholder Equity | 14.6B | 16.6B | 16.1B | 10.0B | 10.9B | 10.5B | |
Other Liab | 254.2B | 272.2B | 283.8B | 253.7B | 291.7B | 306.3B | |
Net Debt | 1.3B | 1.5B | 2.0B | (770.3M) | (715.7M) | (679.9M) | |
Retained Earnings | 11.1B | 11.8B | 12.9B | 17.0B | 16.7B | 17.5B | |
Cash | 2.5B | 2.8B | 2.3B | 4.8B | 4.7B | 2.5B | |
Other Assets | 139.6B | 144.5B | 153.7B | 288.0B | 292.3B | 167.1B | |
Long Term Debt | 3.7B | 4.3B | 4.3B | 24.4B | 3.9B | 3.5B | |
Cash And Short Term Investments | 72.6B | 81.6B | 80.5B | 67.7B | 27.2B | 34.5B | |
Good Will | 1.7B | 1.7B | 1.6B | 1.6B | 1.6B | 954.5M | |
Common Stock Shares Outstanding | 281M | 276.6M | 272.9M | 255.3M | 244.6M | 238.2M | |
Short Term Investments | 70.1B | 78.7B | 78.2B | 62.9B | 22.5B | 32.1B | |
Liabilities And Stockholders Equity | 291.1B | 313.5B | 321.2B | 303.0B | 305.0B | 207.9B | |
Non Current Liabilities Total | 5.5B | 6.6B | 6.6B | 261.4B | 3.9B | 3.7B | |
Other Stockholder Equity | 2.5B | 2.3B | 1.6B | 153.5M | (20.8B) | (19.7B) | |
Total Liab | 276.1B | 296.6B | 304.7B | 292.7B | 293.8B | 197.2B | |
Total Current Assets | 74.4B | 83.3B | 82.3B | 10.9B | 4.7B | 4.5B | |
Accumulated Other Comprehensive Income | 1.0B | 2.4B | 1.6B | (7.2B) | 14.6B | 15.3B | |
Intangible Assets | 1.8B | 1.7B | 1.6B | 1.5B | 1.5B | 1.2B | |
Property Plant Equipment | 967.7M | 1.0B | 1.0B | 996.1M | 1.1B | 672.2M | |
Property Plant And Equipment Net | 967.7M | 1.0B | 1.0B | 996.1M | 938.4M | 692.8M | |
Non Current Assets Total | 77.1B | 85.7B | 85.2B | 4.1B | 8.0B | 7.6B | |
Non Currrent Assets Other | (1.8B) | (2.3B) | (2.3B) | (66.6B) | (65.7B) | (68.9B) | |
Net Receivables | 1.7B | 1.7B | 1.8B | 26.3B | 24.6B | 25.8B | |
Other Current Assets | 7.3B | 7.7B | 6.5B | 11.5B | 10.6B | 10.1B | |
Property Plant And Equipment Gross | 759.5M | 767.3M | 967.7M | 1.0B | 1.2B | 633.3M | |
Treasury Stock | (7.4B) | (7.7B) | (8.0B) | (8.9B) | (8.0B) | (7.6B) | |
Short Term Debt | 93.4M | 84.7M | 79.8M | 80.7M | 61.1M | 58.0M | |
Noncontrolling Interest In Consolidated Entity | 67.8M | 58.4M | 56.4M | 41.1M | 47.3M | 51.5M | |
Accounts Payable | 16.2M | 22.3M | 15.5M | 20.4B | 19.6B | 20.6B | |
Retained Earnings Total Equity | 11.1B | 11.8B | 12.9B | 17.0B | 19.6B | 20.6B | |
Inventory | (7.3B) | (7.7B) | (6.5B) | (94.6B) | (57.7B) | (54.8B) | |
Deferred Long Term Liab | 1.8B | 2.3B | 2.3B | 1.2B | 1.4B | 1.1B | |
Net Tangible Assets | 11.4B | 13.4B | 13.2B | 7.1B | 8.2B | 10.4B |
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.