Planet Total Liab vs Capital Surpluse 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 Total Liab and its Capital Surpluse 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.
Total Liab vs Capital Surpluse
Total Liab vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Total Liab account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Planet Green's Total Liab and Capital Surpluse is -0.64. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Surpluse 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 Total Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Planet Green Holdings are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Liab i.e., Planet Green's Total Liab and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Capital Surpluse
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
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.