PNC Bank Cash and Equivalents vs Total Liabilities Analysis

PNC
 Stock
  

USD 166.04  1.00  0.60%   

PNC Bank financial indicator trend analysis is much more than just breaking down PNC Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Bank is a good investment. Please check the relationship between PNC Bank Cash and Equivalents and its Total Liabilities accounts. Please check Your Equity Center.

Cash and Equivalents vs Total Liabilities

Cash and Equivalents vs Total Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PNC Bank Cash and Equivalents account and Total Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PNC Bank's Cash and Equivalents and Total Liabilities is 0.88. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Total Liabilities in the same time period over historical financial statements of PNC Bank, assuming nothing else is changed. The correlation between historical values of PNC Bank's Cash and Equivalents and Total Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash and Equivalents of PNC Bank are associated (or correlated) with its Total Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liabilities has no effect on the direction of Cash and Equivalents i.e., PNC Bank's Cash and Equivalents and Total Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

Total Liabilities

Deferred Income Tax is recorded on PNC Bank balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on PNC Bank books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; [Payables]; Deposit Liabilities; and Tax Liabilities.
Most indicators from PNC Bank fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Bank 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. Please check Your Equity Center.PNC Bank Enterprise Value over EBIT is projected to drop based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 16.10. The current year Enterprise Value over EBITDA is expected to grow to 15.62, whereas Net Loss Income from Discontinued Operations is forecasted to decline to (440.2 M).
 2021 2022 (projected)
Net Income5.67 B4.92 B
Gross Profit13.65 B11.66 B

PNC Bank fundamental ratios Correlations

PNC Bank Account Relationship Matchups

PNC Bank fundamental ratios Accounts

201720182019202020212022 (projected)
Long Term Debt38.05 B35.92 B43.92 B33.7 B30.78 B29.47 B
Total Assets380.77 B382.31 B410.3 B466.68 B557.19 B448.63 B
Cash and Equivalents33.84 B16.5 B28.47 B92.19 B82.25 B88.75 B
Shareholders Equity47.51 B47.73 B49.31 B54.01 B55.7 B48.08 B
Total Liabilities333.25 B334.59 B360.98 B412.67 B501.5 B400.55 B

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Please check Your Equity Center. Note that the PNC Bank information on this page should be used as a complementary analysis to other PNC Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try 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.

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When running PNC Bank price analysis, check to measure PNC Bank'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 PNC Bank is operating at the current time. Most of PNC Bank's value examination focuses on studying past and present price action to predict the probability of PNC Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PNC Bank's price. Additionally, you may evaluate how the addition of PNC Bank to your portfolios can decrease your overall portfolio volatility.
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Is PNC Bank's industry 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 PNC Bank. If investors know PNC Bank 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 PNC Bank 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 YOY
0.39
Market Capitalization
68.5 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0105
Return On Equity
0.11
The market value of PNC Bank is measured differently than its book value, which is the value of PNC Bank that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Bank's value that differs from its market value or its book value, called intrinsic value, which is PNC Bank'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 PNC Bank's market value can be influenced by many factors that don't directly affect PNC Bank'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 PNC Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine PNC Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Bank'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.