Planet Long Term Debt vs Capital Stock Analysis
PLAG Stock | USD 0.21 0.01 5.00% |
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 Long Term Debt and its Capital Stock 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.
Long Term Debt vs Capital Stock
Long Term Debt vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Planet Green's Long Term Debt and Capital Stock is -0.34. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Stock 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 Long Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Planet Green Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Debt i.e., Planet Green's Long Term Debt and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Planet Green Holdings has held for over one year. Long-term debt appears on Planet Green Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Planet Green Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.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 Recurring | 2.1M | 1.9M | Reconciled Depreciation | 2.0M | 1.6M |
Planet Green fundamental ratios Correlations
Click cells to compare fundamentals
Planet Green Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Planet Green fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.9M | 22.0M | 86.0M | 60.7M | 42.6M | 40.5M | |
Total Current Liabilities | 4.8M | 3.6M | 34.4M | 19.6M | 19.2M | 31.9M | |
Total Stockholder Equity | 20.7M | 18.3M | 46.9M | 40.6M | 19.4M | 18.5M | |
Net Debt | (6.9M) | (3.4M) | 6.5M | 3.8M | 3.4M | 3.2M | |
Retained Earnings | (73.3M) | (84.3M) | (94.1M) | (119.9M) | (140.7M) | (133.7M) | |
Accounts Payable | 952.5K | 1.3M | 6.2M | 3.5M | 3.6M | 5.9M | |
Cash | 7.4M | 3.4M | 750.7K | 93.5K | 436.4K | 414.6K | |
Cash And Short Term Investments | 7.4M | 3.4M | 750.7K | 93.5K | 436.4K | 414.6K | |
Common Stock Shares Outstanding | 6.9M | 10.1M | 24.8M | 59.5M | 72.1M | 75.7M | |
Liabilities And Stockholders Equity | 25.9M | 22.0M | 86.0M | 60.7M | 42.6M | 40.5M | |
Non Current Liabilities Total | 373.7K | 31.4K | 380.3K | 560.9K | 4.0M | 6.7M | |
Other Stockholder Equity | 85.8M | 95.7M | 133.2M | 155.7M | 179.1M | 188.0M | |
Total Liab | 5.2M | 3.7M | 34.8M | 20.1M | 23.2M | 38.4M | |
Total Current Assets | 18.2M | 13.5M | 27.3M | 13.8M | 12.5M | 11.9M | |
Common Stock | 7.9K | 11.8K | 35.6K | 72.1K | 82.9K | 87.0K | |
Other Current Liab | 3.6M | 2.1M | 14.6M | 9.8M | (1.2B) | (1.2B) | |
Accumulated Other Comprehensive Income | 8.2M | 7.0M | 7.7M | 4.7M | 4.4M | 4.2M | |
Short Term Debt | 155.1K | 160.8K | 7.3M | 3.6M | 1.2B | 1.3B | |
Property Plant And Equipment Net | 5.9M | 4.6M | 23.5M | 22.6M | 20.3M | 39.4M | |
Current Deferred Revenue | 52.7K | 257.6K | 6.3M | 2.7M | 36.3K | 34.5K | |
Non Current Assets Total | 7.7M | 8.5M | 58.7M | 46.9M | 30.1M | 50.0M | |
Non Currrent Assets Other | 319.2K | (8.5M) | 7.8M | 33.3M | 7.6B | 8.0B | |
Net Receivables | 1.4M | 1.9M | 12.7M | 3.6M | 3.8M | 3.6M | |
Inventory | 1.9M | 2.3M | 7.8M | 4.2M | 7.3M | 7.6M | |
Other Current Assets | 7.4M | 5.9M | 6.1M | 6.2M | 978.8K | 929.9K | |
Property Plant Equipment | 2.2M | 5.8M | 4.6M | 23.5M | 21.2M | 41.2M | |
Net Tangible Assets | 8.3M | 19.2M | 14.5M | 24.5M | 22.1M | 21.0M | |
Retained Earnings Total Equity | (99.6M) | (79.0M) | (73.3M) | (84.3M) | (75.9M) | (72.1M) |
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
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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
CEOs Directory Screen CEOs from public companies around the world | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
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.