Park Net Income From Continuing Ops vs Total Operating Expenses Analysis
PKE Stock | USD 13.94 0.15 1.06% |
Park Electrochemical financial indicator trend analysis is much more than just breaking down Park Electrochemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Electrochemical is a good investment. Please check the relationship between Park Electrochemical Net Income From Continuing Ops and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.
Net Income From Continuing Ops vs Total Operating Expenses
Net Income From Continuing Ops vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Electrochemical Net Income From Continuing Ops account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Park Electrochemical's Net Income From Continuing Ops and Total Operating Expenses is -0.02. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Park Electrochemical, assuming nothing else is changed. The correlation between historical values of Park Electrochemical's Net Income From Continuing Ops and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Park Electrochemical are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Park Electrochemical's Net Income From Continuing Ops and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Park Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Electrochemical 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 Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.At present, Park Electrochemical's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 41.47, whereas Selling General Administrative is forecasted to decline to about 5.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.9M | 16.5M | 16.5M | 15.7M | Total Revenue | 53.6M | 54.1M | 56.0M | 53.2M |
Park Electrochemical fundamental ratios Correlations
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Park Electrochemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Park Electrochemical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 171.8M | 163.5M | 160.9M | 159.3M | 132.3M | 125.7M | |
Other Current Liab | 3.8M | 4.7M | 3.7M | 24.0M | 2.0M | 1.9M | |
Total Current Liabilities | 8.7M | 8.0M | 6.3M | 28.6M | 9.7M | 9.2M | |
Total Stockholder Equity | 141.7M | 135.9M | 135.6M | 115.9M | 112.9M | 190.1M | |
Property Plant And Equipment Net | 16.5M | 21.2M | 24.5M | 24.4M | 23.6M | 41.9M | |
Net Debt | (121.9M) | (116.4M) | (110.1M) | (105.3M) | 77.3M | 81.2M | |
Retained Earnings | (21.8M) | (25.1M) | (24.8M) | (42.7M) | (38.4M) | (36.5M) | |
Cash | 122.4M | 116.5M | 110.4M | 105.4M | (77.2M) | (73.4M) | |
Non Current Assets Total | 26.6M | 31.2M | 34.4M | 34.3M | 33.5M | 48.1M | |
Non Currrent Assets Other | 268K | 141K | 122K | (1.9M) | 9.9M | 5.2M | |
Cash And Short Term Investments | 122.4M | 116.5M | 110.4M | 105.4M | 77.2M | 146.5M | |
Net Receivables | 10.9M | 7.6M | 8.3M | 10.0M | 12.4M | 24.6M | |
Common Stock Shares Outstanding | 20.6M | 20.5M | 20.6M | 20.5M | 20.4M | 20.4M | |
Liabilities And Stockholders Equity | 171.8M | 163.5M | 160.9M | 159.3M | 132.3M | 125.7M | |
Non Current Liabilities Total | 21.4M | 19.6M | 19.0M | 14.8M | 9.7M | 9.3M | |
Inventory | 6.4M | 4.8M | 4.7M | 6.8M | 6.4M | 11.3M | |
Other Current Assets | 5.5M | 3.4M | 3.1M | 2.8M | 2.8M | 2.7M | |
Other Stockholder Equity | 160.7M | 159.2M | 160.3M | 160.8M | 184.9M | 121.1M | |
Total Liab | 30.1M | 27.6M | 25.3M | 43.4M | 19.4M | 18.4M | |
Property Plant And Equipment Gross | 16.5M | 21.2M | 24.5M | 24.4M | 22.0M | 42.5M | |
Total Current Assets | 145.2M | 132.3M | 126.4M | 125.0M | 98.8M | 93.9M | |
Accumulated Other Comprehensive Income | 668K | (336K) | (2.0M) | (4.2M) | (4.9M) | (5.1M) | |
Accounts Payable | 4.7M | 3.3M | 2.5M | 4.5M | 3.5M | 3.3M | |
Short Term Investments | 116.9M | 74.9M | 97.6M | 101.2M | 154.4M | 106.6M | |
Other Liab | 18.7M | 21.1M | 19.5M | 18.8M | 21.6M | 16.7M | |
Other Assets | 268K | 141K | 122K | 108K | 124.2K | 118.0K | |
Treasury Stock | (14.9M) | (9.9M) | (9.2M) | (10.8M) | (12.4M) | (13.0M) | |
Property Plant Equipment | 16.1M | 21.2M | 24.5M | 24.4M | 22.0M | 40.9M | |
Intangible Assets | 28K | 21K | 14K | 7K | 6.3K | 6.0K | |
Net Tangible Assets | 149.2M | 141.7M | 126.1M | 125.8M | 113.3M | 146.9M | |
Capital Surpluse | 169.9M | 170.0M | 169.7M | 169.9M | 195.4M | 183.3M | |
Non Current Liabilities Other | 20.6M | 4.4M | 4.5M | 1.8M | 2.0M | 1.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Park Electrochemical is a strong investment it is important to analyze Park Electrochemical'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 Park Electrochemical's future performance. For an informed investment choice regarding Park 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 Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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When running Park Electrochemical's price analysis, check to measure Park Electrochemical'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 Park Electrochemical is operating at the current time. Most of Park Electrochemical's value examination focuses on studying past and present price action to predict the probability of Park Electrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Electrochemical's price. Additionally, you may evaluate how the addition of Park Electrochemical to your portfolios can decrease your overall portfolio volatility.
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Is Park Electrochemical'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 Park Electrochemical. If investors know Park 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 Park Electrochemical 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 (0.46) | Dividend Share 0.475 | Earnings Share 0.37 | Revenue Per Share 2.613 | Quarterly Revenue Growth (0.16) |
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.