Planet Discontinued Operations vs Non Recurring Analysis

PLAG Stock  USD 0.20  0.01  5.26%   
Planet Green financial indicator trend analysis is much more than just breaking down Planet Green Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Planet Green Holdings is a good investment. Please check the relationship between Planet Green Discontinued Operations and its Non Recurring accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Green Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Discontinued Operations vs Non Recurring

Discontinued Operations vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Discontinued Operations account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Planet Green's Discontinued Operations and Non Recurring is -0.22. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Planet Green Holdings, assuming nothing else is changed. The correlation between historical values of Planet Green's Discontinued Operations and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Planet Green Holdings are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Discontinued Operations i.e., Planet Green's Discontinued Operations and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Discontinued Operations

Non Recurring

Most indicators from Planet Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Planet Green Holdings 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 Planet Green Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Planet Green's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Planet Green's current Enterprise Value is estimated to increase to about 60 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2023 2024 (projected)
Non Recurring2.1M1.9M
Reconciled Depreciation2.0M1.6M

Planet Green fundamental ratios Correlations

0.940.80.980.840.880.590.870.880.88-0.440.78-0.410.940.990.040.31-0.270.97-0.120.95-0.320.80.830.630.28
0.940.790.890.960.90.520.80.810.85-0.550.77-0.60.930.93-0.080.36-0.310.95-0.120.93-0.360.790.820.480.28
0.80.790.690.860.570.830.430.440.89-0.320.34-0.310.930.730.180.2-0.130.75-0.110.86-0.180.350.490.460.26
0.980.890.690.750.90.520.930.930.81-0.430.81-0.380.860.990.010.32-0.280.95-0.10.91-0.330.830.880.680.27
0.840.960.860.750.790.590.590.60.84-0.520.59-0.610.910.81-0.050.34-0.290.86-0.050.89-0.340.610.690.390.28
0.880.90.570.90.790.390.870.880.71-0.70.74-0.720.740.92-0.340.51-0.480.87-0.020.79-0.520.770.930.650.18
0.590.520.830.520.590.390.240.250.63-0.140.09-0.150.70.540.220.08-0.030.51-0.130.65-0.060.10.420.510.24
0.870.80.430.930.590.870.241.00.62-0.440.91-0.40.690.92-0.120.29-0.260.85-0.240.74-0.30.920.850.520.2
0.880.810.440.930.60.880.251.00.63-0.450.91-0.40.70.92-0.120.29-0.270.86-0.240.74-0.310.920.850.520.2
0.880.850.890.810.840.710.630.620.63-0.420.53-0.40.920.830.130.26-0.20.85-0.120.88-0.260.550.550.540.33
-0.44-0.55-0.32-0.43-0.52-0.7-0.14-0.44-0.45-0.42-0.270.92-0.36-0.490.84-0.830.82-0.36-0.07-0.310.83-0.35-0.48-0.310.14
0.780.770.340.810.590.740.090.910.910.53-0.27-0.280.660.810.020.13-0.10.83-0.220.71-0.130.990.740.280.19
-0.41-0.6-0.31-0.38-0.61-0.72-0.15-0.4-0.4-0.40.92-0.28-0.35-0.450.76-0.730.71-0.4-0.07-0.330.73-0.34-0.53-0.240.05
0.940.930.930.860.910.740.70.690.70.92-0.360.66-0.350.90.160.2-0.140.92-0.180.96-0.20.670.680.480.28
0.990.930.730.990.810.920.540.920.920.83-0.490.81-0.450.9-0.040.33-0.290.95-0.180.91-0.340.830.880.650.22
0.04-0.080.180.01-0.05-0.340.22-0.12-0.120.130.840.020.760.16-0.04-0.740.760.12-0.10.20.74-0.05-0.17-0.020.33
0.310.360.20.320.340.510.080.290.290.26-0.830.13-0.730.20.33-0.74-1.00.20.270.22-1.00.230.320.2-0.1
-0.27-0.31-0.13-0.28-0.29-0.48-0.03-0.26-0.27-0.20.82-0.10.71-0.14-0.290.76-1.0-0.15-0.28-0.171.0-0.2-0.29-0.180.12
0.970.950.750.950.860.870.510.850.860.85-0.360.83-0.40.920.950.120.2-0.15-0.070.96-0.20.830.840.60.35
-0.12-0.12-0.11-0.1-0.05-0.02-0.13-0.24-0.24-0.12-0.07-0.22-0.07-0.18-0.18-0.10.27-0.28-0.070.0-0.27-0.20.010.230.19
0.950.930.860.910.890.790.650.740.740.88-0.310.71-0.330.960.910.20.22-0.170.960.0-0.220.710.760.550.4
-0.32-0.36-0.18-0.33-0.34-0.52-0.06-0.3-0.31-0.260.83-0.130.73-0.2-0.340.74-1.01.0-0.2-0.27-0.22-0.24-0.33-0.220.1
0.80.790.350.830.610.770.10.920.920.55-0.350.99-0.340.670.83-0.050.23-0.20.83-0.20.71-0.240.750.30.16
0.830.820.490.880.690.930.420.850.850.55-0.480.74-0.530.680.88-0.170.32-0.290.840.010.76-0.330.750.680.2
0.630.480.460.680.390.650.510.520.520.54-0.310.28-0.240.480.65-0.020.2-0.180.60.230.55-0.220.30.680.14
0.280.280.260.270.280.180.240.20.20.330.140.190.050.280.220.33-0.10.120.350.190.40.10.160.20.14
Click cells to compare fundamentals

Planet Green Account Relationship Matchups

Planet Green fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.9M22.0M86.0M60.7M42.6M40.5M
Total Current Liabilities4.8M3.6M34.4M19.6M19.2M31.9M
Total Stockholder Equity20.7M18.3M46.9M40.6M19.4M18.5M
Net Debt(6.9M)(3.4M)6.5M3.8M3.4M3.2M
Retained Earnings(73.3M)(84.3M)(94.1M)(119.9M)(140.7M)(133.7M)
Accounts Payable952.5K1.3M6.2M3.5M3.6M5.9M
Cash7.4M3.4M750.7K93.5K436.4K414.6K
Cash And Short Term Investments7.4M3.4M750.7K93.5K436.4K414.6K
Common Stock Shares Outstanding6.9M10.1M24.8M59.5M72.1M75.7M
Liabilities And Stockholders Equity25.9M22.0M86.0M60.7M42.6M40.5M
Non Current Liabilities Total373.7K31.4K380.3K560.9K4.0M6.7M
Other Stockholder Equity85.8M95.7M133.2M155.7M179.1M188.0M
Total Liab5.2M3.7M34.8M20.1M23.2M38.4M
Total Current Assets18.2M13.5M27.3M13.8M12.5M11.9M
Common Stock7.9K11.8K35.6K72.1K82.9K87.0K
Other Current Liab3.6M2.1M14.6M9.8M(1.2B)(1.2B)
Accumulated Other Comprehensive Income8.2M7.0M7.7M4.7M4.4M4.2M
Short Term Debt155.1K160.8K7.3M3.6M1.2B1.3B
Property Plant And Equipment Net5.9M4.6M23.5M22.6M20.3M39.4M
Current Deferred Revenue52.7K257.6K6.3M2.7M36.3K34.5K
Non Current Assets Total7.7M8.5M58.7M46.9M30.1M50.0M
Non Currrent Assets Other319.2K(8.5M)7.8M33.3M7.6B8.0B
Net Receivables1.4M1.9M12.7M3.6M3.8M3.6M
Inventory1.9M2.3M7.8M4.2M7.3M7.6M
Other Current Assets7.4M5.9M6.1M6.2M978.8K929.9K
Property Plant Equipment2.2M5.8M4.6M23.5M21.2M41.2M
Net Tangible Assets8.3M19.2M14.5M24.5M22.1M21.0M
Retained Earnings Total Equity(99.6M)(79.0M)(73.3M)(84.3M)(75.9M)(72.1M)
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 Planet Green 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, Planet Green's short interest history, or implied volatility extrapolated from Planet Green options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Planet Green Holdings using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green'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 Planet Green's future performance. For an informed investment choice regarding Planet 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 Planet Green Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Planet Green Holdings information on this page should be used as a complementary analysis to other Planet Green'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 the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Planet Stock analysis

When running Planet Green's price analysis, check to measure Planet Green'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 Planet Green is operating at the current time. Most of Planet Green's value examination focuses on studying past and present price action to predict the probability of Planet Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Green's price. Additionally, you may evaluate how the addition of Planet Green to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is Planet Green'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 Planet Green. If investors know Planet 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 Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Revenue Per Share
0.376
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.11)
Return On Equity
(0.69)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green'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 Planet Green's market value can be influenced by many factors that don't directly affect Planet Green'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 Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.