PPG Long Term Debt vs Cash And Equivalents Analysis

PPG Stock

USD 122.68 1.39 1.15%

PPG Industries financial indicator trend analysis is much more than just breaking down PPG Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PPG Industries is a good investment. Please check the relationship between PPG Industries Long Term Debt and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

Long Term Debt vs Cash And Equivalents

Long Term Debt vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PPG Industries Long Term Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between PPG Industries' Long Term Debt and Cash And Equivalents is -0.63. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of PPG Industries, assuming nothing else is changed. The correlation between historical values of PPG Industries' Long Term Debt and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of PPG Industries are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Long Term Debt i.e., PPG Industries' Long Term Debt and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that PPG Industries has held for over one year. Long-term debt appears on PPG Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PPG Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash And Equivalents

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

For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.At this time, PPG Industries' Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	6.5B	6.6B	7.5B	4.6B
Total Revenue	16.8B	17.7B	18.2B	11.6B

Gross Profit Total Revenue

PPG Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.74	0.2	0.83	0.63	0.79	0.03	0.73	0.44	0.94	0.09	0.39	0.85	-0.81	0.85	0.91	0.14	-0.74	0.93	0.74	0.23	0.86	-0.1	0.63	0.49	0.63
Short Long Term Debt Total	0.74		0.44	0.59	0.89	0.82	0.34	0.92	0.48	0.77	-0.03	0.13	0.62	-0.75	0.74	0.7	-0.2	-0.86	0.77	0.46	0.5	0.67	-0.5	0.62	0.84	0.62
Other Current Liab	0.2	0.44		0.22	0.49	0.27	0.48	0.27	0.19	0.13	0.38	0.13	0.13	-0.13	0.12	0.19	-0.13	-0.12	0.16	0.2	0.51	-0.09	-0.71	-0.09	0.5	-0.08
Total Current Liabilities	0.83	0.59	0.22		0.54	0.55	0.1	0.66	0.54	0.86	-0.03	0.67	0.94	-0.9	0.54	0.91	0.43	-0.67	0.74	0.93	0.36	0.82	0.05	0.48	0.19	0.48
Total Stockholder Equity	0.63	0.89	0.49	0.54		0.7	0.41	0.92	0.51	0.67	0.01	0.15	0.56	-0.72	0.48	0.62	-0.12	-0.82	0.55	0.44	0.35	0.61	-0.44	0.54	0.8	0.55
Property Plant And Equipment Net	0.79	0.82	0.27	0.55	0.7		0.06	0.71	0.24	0.85	-0.18	0.09	0.54	-0.57	0.78	0.67	-0.24	-0.69	0.79	0.4	0.43	0.69	-0.38	0.6	0.76	0.6
Net Debt	0.03	0.34	0.48	0.1	0.41	0.06		0.31	0.03	0.05	-0.15	-0.13	0.21	-0.21	-0.08	0.2	-0.48	-0.25	-0.04	0.1	0.3	-0.05	-0.41	0.12	0.36	0.12
Retained Earnings	0.73	0.92	0.27	0.66	0.92	0.71	0.31		0.54	0.79	-0.12	0.16	0.65	-0.87	0.6	0.7	-0.03	-0.98	0.69	0.48	0.44	0.78	-0.34	0.73	0.66	0.74
Cash	0.44	0.48	0.19	0.54	0.51	0.24	0.03	0.54		0.39	0.03	0.74	0.55	-0.66	0.3	0.4	0.2	-0.5	0.41	0.61	0.28	0.39	-0.04	0.41	0.16	0.41
Non Current Assets Total	0.94	0.77	0.13	0.86	0.67	0.85	0.05	0.79	0.39		-0.09	0.35	0.84	-0.85	0.77	0.9	0.14	-0.82	0.89	0.71	0.35	0.94	-0.11	0.71	0.49	0.71
Non Currrent Assets Other	0.09	-0.03	0.38	-0.03	0.01	-0.18	-0.15	-0.12	0.03	-0.09		0.07	0.01	0.13	0.13	0.03	0.35	0.19	0.1	0.05	-0.24	-0.05	-0.23	-0.16	0.09	-0.16
Cash And Short Term Investments	0.39	0.13	0.13	0.67	0.15	0.09	-0.13	0.16	0.74	0.35	0.07		0.61	-0.53	0.11	0.48	0.58	-0.16	0.29	0.82	0.19	0.35	0.2	0.09	-0.21	0.09
Net Receivables	0.85	0.62	0.13	0.94	0.56	0.54	0.21	0.65	0.55	0.84	0.01	0.61		-0.9	0.62	0.96	0.29	-0.66	0.79	0.94	0.2	0.82	0.11	0.48	0.27	0.48
Common Stock Shares Outstanding	-0.81	-0.75	-0.13	-0.9	-0.72	-0.57	-0.21	-0.87	-0.66	-0.85	0.13	-0.53	-0.9		-0.57	-0.87	-0.27	0.88	-0.74	-0.82	-0.35	-0.86	0.01	-0.63	-0.33	-0.63
Non Current Liabilities Total	0.85	0.74	0.12	0.54	0.48	0.78	-0.08	0.6	0.3	0.77	0.13	0.11	0.62	-0.57		0.69	-0.14	-0.63	0.97	0.44	0.27	0.69	-0.25	0.56	0.58	0.55
Inventory	0.91	0.7	0.19	0.91	0.62	0.67	0.2	0.7	0.4	0.9	0.03	0.48	0.96	-0.87	0.69		0.23	-0.7	0.84	0.88	0.21	0.86	0.01	0.49	0.42	0.49
Other Current Assets	0.14	-0.2	-0.13	0.43	-0.12	-0.24	-0.48	-0.03	0.2	0.14	0.35	0.58	0.29	-0.27	-0.14	0.23		0.0	0.02	0.45	-0.14	0.33	0.37	-0.04	-0.47	-0.05
Other Stockholder Equity	-0.74	-0.86	-0.12	-0.67	-0.82	-0.69	-0.25	-0.98	-0.5	-0.82	0.19	-0.16	-0.66	0.88	-0.63	-0.7	0.0		-0.71	-0.47	-0.45	-0.84	0.28	-0.81	-0.55	-0.82
Total Liab	0.93	0.77	0.16	0.74	0.55	0.79	-0.04	0.69	0.41	0.89	0.1	0.29	0.79	-0.74	0.97	0.84	0.02	-0.71		0.64	0.33	0.81	-0.19	0.59	0.52	0.59
Total Current Assets	0.74	0.46	0.2	0.93	0.44	0.4	0.1	0.48	0.61	0.71	0.05	0.82	0.94	-0.82	0.44	0.88	0.45	-0.47	0.64		0.18	0.67	0.18	0.26	0.1	0.26
Short Term Debt	0.23	0.5	0.51	0.36	0.35	0.43	0.3	0.44	0.28	0.35	-0.24	0.19	0.2	-0.35	0.27	0.21	-0.14	-0.45	0.33	0.18		0.22	-0.71	0.39	0.27	0.39
Accounts Payable	0.86	0.67	-0.09	0.82	0.61	0.69	-0.05	0.78	0.39	0.94	-0.05	0.35	0.82	-0.86	0.69	0.86	0.33	-0.84	0.81	0.67	0.22		0.02	0.75	0.35	0.75
Current Deferred Revenue	-0.1	-0.5	-0.71	0.05	-0.44	-0.38	-0.41	-0.34	-0.04	-0.11	-0.23	0.2	0.11	0.01	-0.25	0.01	0.37	0.28	-0.19	0.18	-0.71	0.02		-0.26	-0.58	-0.27
Common Stock Total Equity	0.63	0.62	-0.09	0.48	0.54	0.6	0.12	0.73	0.41	0.71	-0.16	0.09	0.48	-0.63	0.56	0.49	-0.04	-0.81	0.59	0.26	0.39	0.75	-0.26		0.37	1.0
Property Plant And Equipment Gross	0.49	0.84	0.5	0.19	0.8	0.76	0.36	0.66	0.16	0.49	0.09	-0.21	0.27	-0.33	0.58	0.42	-0.47	-0.55	0.52	0.1	0.27	0.35	-0.58	0.37		0.38
Common Stock	0.63	0.62	-0.08	0.48	0.55	0.6	0.12	0.74	0.41	0.71	-0.16	0.09	0.48	-0.63	0.55	0.49	-0.05	-0.82	0.59	0.26	0.39	0.75	-0.27	1.0	0.38

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PPG Industries Account Relationship Matchups

PPG Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.3B	19.6B	21.4B	20.7B	21.6B	11.7B
Short Long Term Debt Total	5.2B	5.9B	6.8B	7.6B	6.9B	7.2B
Other Current Liab	196M	1.0B	374M	1.5B	1.6B	1.7B
Total Current Liabilities	4.4B	4.8B	4.7B	4.7B	5.1B	3.2B
Total Stockholder Equity	5.3B	5.7B	6.3B	6.6B	7.8B	8.2B
Property Plant And Equipment Net	3.8B	4.0B	4.3B	4.2B	4.5B	3.3B
Net Debt	4.0B	(1.6B)	(813M)	6.5B	5.4B	5.6B
Retained Earnings	18.9B	19.5B	20.4B	20.8B	21.5B	22.6B
Cash	1.2B	1.8B	1.0B	1.1B	1.5B	1.6B
Non Current Assets Total	11.5B	12.8B	14.6B	13.6B	14.2B	7.5B
Non Currrent Assets Other	(10.8B)	685M	742M	583M	584M	295.5M
Cash And Short Term Investments	1.3B	1.9B	1.1B	1.2B	1.6B	834.9M
Net Receivables	2.8B	2.7B	3.2B	3.3B	3.3B	2.2B
Common Stock Shares Outstanding	238.2M	237.9M	239.4M	237.3M	237.2M	277.3M
Liabilities And Stockholders Equity	14.3B	19.6B	21.4B	20.7B	21.6B	11.5B
Non Current Liabilities Total	4.5B	8.9B	10.2B	9.3B	8.6B	4.3B
Inventory	1.7B	1.7B	2.2B	2.3B	2.1B	1.4B
Other Current Assets	431M	5.1B	4.6B	444M	436M	414.2M
Other Stockholder Equity	(12.2B)	(12.2B)	(12.3B)	(12.4B)	(12.4B)	(11.8B)
Total Liab	8.9B	13.7B	14.9B	14.0B	13.6B	7.5B
Total Current Assets	6.2B	6.8B	6.7B	7.2B	7.4B	4.8B
Short Term Debt	683M	758M	201M	679M	694M	534.6M
Accounts Payable	2.4B	2.6B	3.1B	2.5B	2.6B	1.7B
Current Deferred Revenue	1.1B	440M	1.1B	128M	147.2M	139.8M
Property Plant And Equipment Gross	3.8B	4.0B	8.9B	8.8B	9.4B	9.9B
Accumulated Other Comprehensive Income	(2.4B)	(2.6B)	(2.8B)	(2.8B)	(2.2B)	(2.1B)
Good Will	4.5B	5.1B	6.2B	6.1B	6.2B	3.2B
Intangible Assets	2.1B	2.4B	2.8B	2.4B	2.4B	1.8B
Other Liab	2.5B	2.8B	3.1B	2.2B	2.5B	2.9B
Other Assets	(3.4B)	997M	34M	544M	489.6M	514.1M
Long Term Debt	4.5B	5.2B	6.6B	6.5B	5.7B	3.7B
Treasury Stock	(13.2B)	(13.2B)	(13.4B)	(13.5B)	(12.2B)	(11.6B)
Property Plant Equipment	3.0B	3.1B	3.4B	3.3B	3.8B	3.1B
Short Term Investments	61M	57M	96M	67M	75M	71.3M
Net Tangible Assets	(1.3B)	(1.8B)	(2.8B)	(1.9B)	(1.7B)	(1.6B)
Noncontrolling Interest In Consolidated Entity	119M	126M	125M	117M	105.3M	117.0M
Retained Earnings Total Equity	18.9B	19.5B	20.4B	20.8B	24.0B	16.5B

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When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' 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 PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:

How To Invest In PPG

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Is PPG Stock a good investment?

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What is PPG Industries' Net Worth?

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Largest Specialty Chemicals Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Is Specialty Chemicals 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 PPG Industries. If investors know PPG 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 PPG Industries 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

0.117

Dividend Share

2.63

Earnings Share

6.31

Revenue Per Share

76.764

Quarterly Revenue Growth

(0.01)

The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.

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PPG Long Term Debt vs Cash And Equivalents Analysis

Long Term Debt vs Cash And Equivalents

Long Term Debt vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Long Term Debt

Cash And Equivalents

PPG Industries fundamental ratios Correlations

PPG Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PPG Industries fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.97	Non Current Liabilities Total
Inventory	+ 0.96	Net Receivables
Non Current Assets Total	+ 0.94	Total Assets
Net Receivables	+ 0.94	Total Current Liabilities
Accounts Payable	+ 0.94	Non Current Assets Total

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Net Receivables
Common Stock Shares Outstanding	- 0.9	Total Current Liabilities
Inventory	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.87	Retained Earnings
Accounts Payable	- 0.86	Common Stock Shares Outstanding