Planet Gross Profit vs Ebitda Analysis

PLAG Stock  USD 0.20  0  1.30%   
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 Gross Profit and its Ebitda 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.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Gross Profit account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Planet Green's Gross Profit and Ebitda is 0.77. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda 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 Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Planet Green Holdings are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Planet Green's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Planet Green Holdings minus its cost of goods sold. It is profit before Planet Green operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebitda

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.

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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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.
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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.