Pinterest Total Current Assets vs Short Term Investments Analysis

PINS Stock  USD 33.76  1.04  3.18%   
Pinterest financial indicator trend analysis is much more than just breaking down Pinterest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinterest is a good investment. Please check the relationship between Pinterest Total Current Assets and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinterest. 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.
For more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinterest Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pinterest's Total Current Assets and Short Term Investments is 0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Pinterest, assuming nothing else is changed. The correlation between historical values of Pinterest's Total Current Assets and Short Term Investments 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 Pinterest are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Pinterest's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Pinterest balance sheet. It contains any investments Pinterest undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Pinterest can easily liquidate in the marketplace.
Most indicators from Pinterest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinterest 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 Pinterest. 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.
For more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.At this time, Pinterest's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 295.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income4.2M30.9M35.6M37.4M
Tax Provision4.5M10.1M19.2M20.1M

Pinterest fundamental ratios Correlations

0.60.530.720.970.920.96-0.18-0.8-0.99-0.860.820.990.57-0.87-0.87-0.711.00.980.790.910.880.94-0.810.970.67
0.60.20.30.440.360.510.03-0.16-0.65-0.190.440.660.81-0.25-0.25-0.310.60.480.70.320.520.42-0.160.430.85
0.530.20.960.630.620.5-0.29-0.77-0.58-0.660.530.560.22-0.74-0.73-0.630.50.60.550.730.660.32-0.780.470.2
0.720.30.960.80.760.69-0.25-0.88-0.75-0.820.720.740.37-0.85-0.85-0.720.70.760.670.870.750.56-0.890.680.32
0.970.440.630.80.960.96-0.17-0.91-0.96-0.950.810.960.5-0.93-0.92-0.750.970.970.720.980.860.93-0.920.980.58
0.920.360.620.760.960.92-0.17-0.89-0.92-0.920.640.910.4-0.94-0.94-0.750.920.940.640.950.910.88-0.90.930.56
0.960.510.50.690.960.92-0.29-0.81-0.97-0.90.80.940.5-0.87-0.87-0.850.960.950.830.910.840.96-0.830.960.62
-0.180.03-0.29-0.25-0.17-0.17-0.290.080.20.19-0.43-0.150.480.310.270.57-0.16-0.32-0.55-0.24-0.24-0.190.16-0.210.25
-0.8-0.16-0.77-0.88-0.91-0.89-0.810.080.80.97-0.66-0.78-0.380.90.910.73-0.79-0.82-0.53-0.96-0.73-0.771.0-0.83-0.39
-0.99-0.65-0.58-0.75-0.96-0.92-0.970.20.80.85-0.81-0.99-0.610.880.870.78-0.98-0.96-0.85-0.9-0.9-0.910.81-0.94-0.7
-0.86-0.19-0.66-0.82-0.95-0.92-0.90.190.970.85-0.74-0.82-0.350.910.910.81-0.85-0.87-0.62-0.97-0.74-0.870.98-0.9-0.4
0.820.440.530.720.810.640.8-0.43-0.66-0.81-0.740.810.36-0.72-0.71-0.670.820.830.810.780.620.78-0.70.820.31
0.990.660.560.740.960.910.94-0.15-0.78-0.99-0.820.810.62-0.86-0.85-0.680.990.960.80.90.890.9-0.790.950.71
0.570.810.220.370.50.40.50.48-0.38-0.61-0.350.360.62-0.29-0.3-0.230.580.410.470.380.440.44-0.330.440.84
-0.87-0.25-0.74-0.85-0.93-0.94-0.870.310.90.880.91-0.72-0.86-0.291.00.78-0.86-0.94-0.68-0.94-0.92-0.80.91-0.87-0.34
-0.87-0.25-0.73-0.85-0.92-0.94-0.870.270.910.870.91-0.71-0.85-0.31.00.76-0.85-0.93-0.66-0.93-0.92-0.80.91-0.86-0.34
-0.71-0.31-0.63-0.72-0.75-0.75-0.850.570.730.780.81-0.67-0.68-0.230.780.76-0.7-0.75-0.84-0.79-0.69-0.710.76-0.71-0.38
1.00.60.50.70.970.920.96-0.16-0.79-0.98-0.850.820.990.58-0.86-0.85-0.70.970.780.910.870.95-0.80.980.68
0.980.480.60.760.970.940.95-0.32-0.82-0.96-0.870.830.960.41-0.94-0.93-0.750.970.790.930.920.91-0.840.960.52
0.790.70.550.670.720.640.83-0.55-0.53-0.85-0.620.810.80.47-0.68-0.66-0.840.780.790.680.730.68-0.570.710.55
0.910.320.730.870.980.950.91-0.24-0.96-0.9-0.970.780.90.38-0.94-0.93-0.790.910.930.680.820.87-0.970.930.48
0.880.520.660.750.860.910.84-0.24-0.73-0.9-0.740.620.890.44-0.92-0.92-0.690.870.920.730.820.74-0.740.810.54
0.940.420.320.560.930.880.96-0.19-0.77-0.91-0.870.780.90.44-0.8-0.8-0.710.950.910.680.870.74-0.780.980.57
-0.81-0.16-0.78-0.89-0.92-0.9-0.830.161.00.810.98-0.7-0.79-0.330.910.910.76-0.8-0.84-0.57-0.97-0.74-0.78-0.85-0.37
0.970.430.470.680.980.930.96-0.21-0.83-0.94-0.90.820.950.44-0.87-0.86-0.710.980.960.710.930.810.98-0.850.57
0.670.850.20.320.580.560.620.25-0.39-0.7-0.40.310.710.84-0.34-0.34-0.380.680.520.550.480.540.57-0.370.57
Click cells to compare fundamentals

Pinterest Account Relationship Matchups

Pinterest fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.6B3.5B3.9B3.6B2.9B
Short Long Term Debt Total173.4M139.3M209.2M229.0M196.3M200.6M
Other Current Liab95.3M111.7M200.4M242.3M238.0M208.8M
Total Current Liabilities176.2M204.8M259.8M380.5M317.1M285.5M
Total Stockholder Equity2.0B2.2B3.0B3.3B3.1B2.2B
Other Liab20.1M22.9M29.5M21.9M25.1M22.6M
Net Tangible Assets2.0B2.2B3.0B3.2B3.6B3.8B
Property Plant And Equipment Net280.2M225.3M281.3M265.8M124.3M187.8M
Net Debt(476.3M)(529.9M)(1.2B)(1.4B)(1.2B)(1.1B)
Retained Earnings(2.2B)(2.3B)(2.0B)(2.1B)(2.2B)(2.3B)
Accounts Payable34.3M49.5M17.7M87.9M79.1M48.1M
Cash649.7M669.2M1.4B1.6B1.4B928.0M
Non Current Assets Total326.1M251.9M355.7M408.1M255.8M337.4M
Non Currrent Assets Other31.3M13.1M13.2M17.4M14.0M17.0M
Other Assets31.3M13.1M13.2M17.4M15.7M18.0M
Cash And Short Term Investments1.7B1.8B2.5B2.7B2.5B2.0B
Net Receivables316.4M563.7M653.4M681.5M763.2M524.3M
Common Stock Shares Outstanding420.5M596.3M776.1M665.7M674.6M646.0M
Short Term Investments1.1B1.1B1.1B1.1B1.1B1.0B
Liabilities And Stockholders Equity2.4B2.6B3.5B3.9B3.6B2.9B
Non Current Liabilities Total193.5M162.3M238.7M200.5M186.6M318.8M
Capital Surpluse4.2B4.6B5.1B5.4B6.2B3.6B
Capital Lease Obligations219.9M139.3M250.9M229.0M196.3M214.5M
Other Current Assets37.5M33.5M48.1M74.9M64.3M52.9M
Other Stockholder Equity1.8B4.6B5.1B5.4B5.2B3.9B
Total Liab369.6M367.1M498.5M581.1M503.7M526.5M
Net Invested Capital2.0B2.2B3.0B3.3B3.1B2.2B
Property Plant And Equipment Gross280.2M225.3M281.3M265.8M214.5M272.4M
Total Current Assets2.1B2.4B3.2B3.5B3.3B2.5B
Accumulated Other Comprehensive Income647K2.5M(2.2M)(11.4M)(1.0M)(1.1M)
Non Current Liabilities Other20.1M162.3M238.7M200.5M26.0M24.7M
Net Working Capital1.9B2.2B2.9B3.1B3.0B2.3B
Short Term Debt46.5M43.6M41.7M50.3M35.7M39.9M
Intangible Assets7.7M6.7M20.9M24.6M17.2M13.6M
Property Plant Equipment280.2M69.4M53.4M59.6M53.6M50.9M

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Additional Tools for Pinterest Stock Analysis

When running Pinterest's price analysis, check to measure Pinterest'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 Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.