Progressive Historical Balance Sheet

PGR
 Stock
  

USD 120.89  1.23  1.03%   

Trend analysis of Progressive Corp balance sheet accounts such as Deferred Revenue of 10.1 B, Shareholders Equity of 19.7 B, Goodwill and Intangible Assets of 846.5 M or Investments of 32.2 B provides information on Progressive Corp's total assets, liabilities, and equity, which is the actual value of Progressive Corp to its prevalent stockholders. By breaking down trends over time using Progressive Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Progressive Corp prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Progressive Corp is a good buy for the upcoming year.
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About Progressive Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Progressive Corp at a specified time, usually calculated after every quarter, six months, or one year. Progressive Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Progressive Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Progressive currently owns. An asset can also be divided into two categories, current and non-current.

Progressive Corp Balance Sheet Chart

Progressive Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Progressive Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
Progressive Corp Total Assets are relatively stable at the moment as compared to the past year. Progressive Corp reported last year Total Assets of 71.13 Billion. As of 08/10/2022, Cash and Equivalents is likely to grow to about 202.1 M, while Accumulated Other Comprehensive Income is likely to drop (111.7 M).

Total Assets

Total assets refers to the total amount of Progressive Corp 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 Progressive Corp 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Progressive Corp 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 Progressive Corp 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; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Progressive Corp balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Progressive Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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.Progressive Corp Total Assets are relatively stable at the moment as compared to the past year. Progressive Corp reported last year Total Assets of 71.13 Billion. As of 08/10/2022, Cash and Equivalents is likely to grow to about 202.1 M, while Accumulated Other Comprehensive Income is likely to drop (111.7 M).
 2019 2020 2021 2022 (projected)
Cash and Equivalents227.4 M76.5 M202.1 M202.1 M
Total Assets54.9 B64.1 B71.13 B76.75 B

Progressive Corp balance sheet Correlations

Progressive Corp Account Relationship Matchups

Progressive Corp balance sheet Accounts

201720182019202020212022 (projected)
Long Term Debt3.31 B4.4 B4.41 B5.4 B4.9 B3.94 B
Accumulated Other Comprehensive Income800.4 M933.4 M1.28 B(120.9 M)(108.81 M)(111.67 M)
Total Assets38.7 B46.58 B54.9 B64.1 B71.13 B76.75 B
Cash and Equivalents275.3 M75 M227.4 M76.5 M202.1 M202.1 M
Cash and Equivalents USD224.4 M226.4 M275.3 M75 M86.25 M88.52 M
Total Debt2.71 B3.15 B3.31 B4.4 B5.07 B4.18 B
Total Debt USD2.71 B3.15 B3.31 B4.4 B5.07 B4.18 B
Deferred Revenue6.62 B7.47 B8.9 B10.69 B12.29 B10.08 B
Shareholders Equity9.28 B10.82 B13.67 B17.04 B18.23 B19.67 B
Shareholders Equity USD7.29 B7.96 B9.28 B10.82 B12.45 B10.72 B
Goodwill and Intangible Assets942.5 M882.2 M819.3 M747.3 M859.39 M846.48 M
Investments20.94 B23.48 B27.27 B33.57 B38.6 B32.19 B
Total Liabilities29.42 B35.75 B41.22 B47.06 B52.9 B57.08 B
Trade and Non Trade Payables2.07 B2.5 B3.48 B5.05 B5.8 B6.26 B
Property Plant and Equipment Net1.04 B1.18 B1.12 B1.13 B1.3 B1.27 B
Trade and Non Trade Receivables4.19 B4.68 B7.9 B9.5 B10.93 B11.79 B
Accumulated Retained Earnings Deficit4.69 B5.14 B6.03 B8.39 B9.64 B7.75 B

Progressive Corp Investors Sentiment

The influence of Progressive Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Progressive. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Progressive Corp's public news can be used to forecast risks associated with investment in Progressive. The trend in average sentiment can be used to explain how an investor holding Progressive can time the market purely based on public headlines and social activities around Progressive Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Progressive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progressive Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Progressive Corp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Progressive Corp.

Progressive Corp Implied Volatility

    
  17.32  
Progressive Corp's implied volatility exposes the market's sentiment of Progressive Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progressive Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progressive Corp stock will not fluctuate a lot when Progressive Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progressive Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progressive Corp's short interest history, or implied volatility extrapolated from Progressive Corp options trading.

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Please check Your Equity Center. Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Progressive Corp price analysis, check to measure Progressive Corp'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 Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp'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 Progressive Corp. If investors know Progressive 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 Progressive Corp 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
-0.79
Market Capitalization
70 B
Quarterly Revenue Growth YOY
-0.032
Return On Assets
0.0135
Return On Equity
0.0496
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp'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 Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp'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 Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Progressive Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp'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.