Planet Net Invested Capital vs Net Working Capital 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 Net Invested Capital and its Net Working Capital 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.
Net Invested Capital vs Net Working Capital
Net Invested Capital vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Planet Green's Net Invested Capital and Net Working Capital is -0.73. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital 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 Net Invested Capital and Net Working Capital 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 Invested Capital of Planet Green Holdings are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Planet Green's Net Invested Capital and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Working Capital
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
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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) |
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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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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.