Plug Net Debt vs Cash Analysis

PLUG Stock

USD 3.00 0.01 0.33%

Plug Power financial indicator trend analysis is much more than just breaking down Plug Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plug Power is a good investment. Please check the relationship between Plug Power Net Debt and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Plug Power's Net Debt and Cash is -0.81. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Plug Power, assuming nothing else is changed. The correlation between historical values of Plug Power's Net Debt and Cash 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 Debt of Plug Power are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Plug Power's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Plug Power, which is listed under current asset account on Plug Power balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Plug Power customers. The amounts must be unrestricted with restricted cash listed in a different Plug Power account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Plug Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plug Power 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 Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.At this time, Plug Power's Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	244.6M	463.5M	536.2M	563.0M
Cost Of Revenue	673.7M	895.8M	1.4B	1.5B

Total Operating Expenses Cost Of Revenue

Plug Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Currrent Assets Other	Common Stock Total Equity	Inventory	Other Current Assets	Short Term Debt	Common Stock	Other Liab
Total Assets		0.85	0.88	0.99	0.84	-0.16	-0.88	0.86	0.67	0.91	0.75	0.83	0.95	0.96	0.98	0.95	0.82	0.94	0.93	0.7	0.94	0.84	0.92	0.84	0.94	0.91
Other Current Liab	0.85		0.99	0.77	1.0	0.29	-0.97	0.98	0.25	0.98	0.3	0.99	0.87	0.87	0.91	0.94	0.99	0.62	0.86	0.27	0.88	0.99	0.87	0.87	0.84	0.95
Total Current Liabilities	0.88	0.99		0.8	0.99	0.27	-0.98	0.99	0.3	0.99	0.36	0.99	0.91	0.91	0.94	0.97	0.99	0.66	0.9	0.35	0.92	0.99	0.91	0.92	0.89	0.97
Total Stockholder Equity	0.99	0.77	0.8		0.75	-0.28	-0.81	0.78	0.74	0.85	0.83	0.75	0.91	0.92	0.95	0.89	0.74	0.97	0.87	0.76	0.89	0.76	0.88	0.76	0.9	0.85
Property Plant And Equipment Net	0.84	1.0	0.99	0.75		0.34	-0.97	0.99	0.22	0.99	0.28	0.99	0.87	0.88	0.9	0.95	1.0	0.6	0.87	0.28	0.89	1.0	0.89	0.89	0.85	0.96
Net Debt	-0.16	0.29	0.27	-0.28	0.34		-0.22	0.34	-0.81	0.22	-0.73	0.32	-0.03	0.0	-0.01	0.12	0.37	-0.47	0.02	-0.42	0.01	0.35	0.16	0.2	-0.05	0.22
Retained Earnings	-0.88	-0.97	-0.98	-0.81	-0.97	-0.22		-0.98	-0.35	-0.98	-0.39	-0.96	-0.94	-0.92	-0.94	-0.97	-0.97	-0.68	-0.91	-0.37	-0.95	-0.97	-0.9	-0.92	-0.92	-0.96
Accounts Payable	0.86	0.98	0.99	0.78	0.99	0.34	-0.98		0.23	0.99	0.31	0.98	0.9	0.89	0.92	0.96	0.99	0.63	0.87	0.34	0.91	0.99	0.92	0.9	0.88	0.98
Cash	0.67	0.25	0.3	0.74	0.22	-0.81	-0.35	0.23		0.35	0.95	0.22	0.57	0.58	0.54	0.47	0.19	0.86	0.57	0.71	0.56	0.2	0.39	0.39	0.61	0.35
Non Current Assets Total	0.91	0.98	0.99	0.85	0.99	0.22	-0.98	0.99	0.35		0.42	0.97	0.93	0.94	0.96	0.98	0.98	0.72	0.92	0.43	0.93	0.99	0.94	0.9	0.91	0.98
Cash And Short Term Investments	0.75	0.3	0.36	0.83	0.28	-0.73	-0.39	0.31	0.95	0.42		0.27	0.63	0.63	0.63	0.52	0.25	0.93	0.6	0.86	0.59	0.28	0.53	0.41	0.64	0.45
Net Receivables	0.83	0.99	0.99	0.75	0.99	0.32	-0.96	0.98	0.22	0.97	0.27		0.86	0.85	0.91	0.93	0.99	0.59	0.84	0.23	0.87	0.99	0.85	0.87	0.83	0.95
Common Stock Shares Outstanding	0.95	0.87	0.91	0.91	0.87	-0.03	-0.94	0.9	0.57	0.93	0.63	0.86		0.96	0.96	0.96	0.86	0.84	0.95	0.6	0.99	0.87	0.91	0.92	0.99	0.94
Non Current Liabilities Total	0.96	0.87	0.91	0.92	0.88	0.0	-0.92	0.89	0.58	0.94	0.63	0.85	0.96		0.94	0.98	0.86	0.85	0.99	0.64	0.98	0.87	0.93	0.93	0.98	0.93
Other Stockholder Equity	0.98	0.91	0.94	0.95	0.9	-0.01	-0.94	0.92	0.54	0.96	0.63	0.91	0.96	0.94		0.96	0.9	0.86	0.91	0.58	0.94	0.91	0.93	0.85	0.93	0.96
Total Liab	0.95	0.94	0.97	0.89	0.95	0.12	-0.97	0.96	0.47	0.98	0.52	0.93	0.96	0.98	0.96		0.94	0.79	0.97	0.52	0.97	0.94	0.94	0.95	0.96	0.97
Property Plant And Equipment Gross	0.82	0.99	0.99	0.74	1.0	0.37	-0.97	0.99	0.19	0.98	0.25	0.99	0.86	0.86	0.9	0.94		0.57	0.85	0.25	0.87	1.0	0.87	0.88	0.83	0.95
Total Current Assets	0.94	0.62	0.66	0.97	0.6	-0.47	-0.68	0.63	0.86	0.72	0.93	0.59	0.84	0.85	0.86	0.79	0.57		0.81	0.84	0.81	0.6	0.78	0.66	0.84	0.73
Short Long Term Debt Total	0.93	0.86	0.9	0.87	0.87	0.02	-0.91	0.87	0.57	0.92	0.6	0.84	0.95	0.99	0.91	0.97	0.85	0.81		0.6	0.97	0.85	0.9	0.95	0.97	0.91
Non Currrent Assets Other	0.7	0.27	0.35	0.76	0.28	-0.42	-0.37	0.34	0.71	0.43	0.86	0.23	0.6	0.64	0.58	0.52	0.25	0.84	0.6		0.56	0.29	0.66	0.44	0.62	0.47
Common Stock Total Equity	0.94	0.88	0.92	0.89	0.89	0.01	-0.95	0.91	0.56	0.93	0.59	0.87	0.99	0.98	0.94	0.97	0.87	0.81	0.97	0.56		0.88	0.9	0.94	1.0	0.93
Inventory	0.84	0.99	0.99	0.76	1.0	0.35	-0.97	0.99	0.2	0.99	0.28	0.99	0.87	0.87	0.91	0.94	1.0	0.6	0.85	0.29	0.88		0.9	0.87	0.84	0.96
Other Current Assets	0.92	0.87	0.91	0.88	0.89	0.16	-0.9	0.92	0.39	0.94	0.53	0.85	0.91	0.93	0.93	0.94	0.87	0.78	0.9	0.66	0.9	0.9		0.85	0.9	0.93
Short Term Debt	0.84	0.87	0.92	0.76	0.89	0.2	-0.92	0.9	0.39	0.9	0.41	0.87	0.92	0.93	0.85	0.95	0.88	0.66	0.95	0.44	0.94	0.87	0.85		0.93	0.9
Common Stock	0.94	0.84	0.89	0.9	0.85	-0.05	-0.92	0.88	0.61	0.91	0.64	0.83	0.99	0.98	0.93	0.96	0.83	0.84	0.97	0.62	1.0	0.84	0.9	0.93		0.91
Other Liab	0.91	0.95	0.97	0.85	0.96	0.22	-0.96	0.98	0.35	0.98	0.45	0.95	0.94	0.93	0.96	0.97	0.95	0.73	0.91	0.47	0.93	0.96	0.93	0.9	0.91

Click cells to compare fundamentals

Plug Power Account Relationship Matchups

Plug Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	771.2M	2.4B	6.0B	5.8B	4.9B	5.1B
Other Current Liab	15.5M	66.3M	119.0M	190.5M	343.0M	360.1M
Total Current Liabilities	150.8M	236.0M	420.6M	635.3M	964.8M	1.0B
Total Stockholder Equity	134.7M	1.5B	4.6B	4.1B	2.9B	3.0B
Property Plant And Equipment Net	259.7M	436.3M	573.6M	1.2B	2.0B	2.1B
Net Debt	397.7M	(597.3M)	(1.7B)	208.1M	617.3M	648.1M
Retained Earnings	(1.3B)	(1.9B)	(2.4B)	(3.1B)	(4.5B)	(4.3B)
Accounts Payable	47.6M	50.0M	92.3M	191.9M	257.8M	270.7M
Cash	139.5M	1.3B	2.5B	690.6M	351.6M	250.2M
Non Current Assets Total	457.8M	813.2M	1.5B	2.5B	3.1B	3.3B
Cash And Short Term Investments	139.5M	1.3B	3.9B	2.2B	351.6M	405.8M
Net Receivables	25.4M	42.8M	131.3M	191.9M	370.1M	388.6M
Common Stock Shares Outstanding	237.2M	354.8M	558.2M	579.7M	595.5M	625.2M
Liabilities And Stockholders Equity	771.2M	2.4B	6.0B	5.8B	4.9B	5.1B
Non Current Liabilities Total	485.7M	674.1M	923.8M	1.1B	1.0B	1.1B
Other Stockholder Equity	1.5B	2.1B	7.0B	7.2B	7.4B	7.8B
Total Liab	636.5M	910.1M	1.3B	1.7B	2.0B	2.1B
Property Plant And Equipment Gross	259.7M	273.1M	573.6M	1.2B	2.1B	2.2B
Total Current Assets	313.3M	1.6B	4.4B	3.3B	1.8B	1.9B
Accumulated Other Comprehensive Income	1.4M	2.6M	(1.5M)	(26.0M)	(6.8M)	(6.5M)
Short Long Term Debt Total	537.2M	715.1M	810.1M	898.7M	968.9M	1.0B
Non Currrent Assets Other	183.8M	265.7M	536.3M	748.3M	40.9M	38.8M
Common Stock Total Equity	3.2M	4.7M	5.9M	6.1M	7.0M	7.3M
Inventory	72.4M	139.4M	269.2M	645.6M	961.3M	1.0B
Other Current Assets	21.2M	45.6M	59.9M	150.4M	104.1M	109.3M
Short Term Debt	76.0M	96.4M	92.8M	121.1M	159.9M	167.9M
Common Stock	3.2M	4.7M	5.9M	6.1M	6.3M	6.6M
Other Liab	117.3M	55.3M	206.5M	291.1M	334.8M	351.5M
Other Assets	183.8M	265.7M	609.4M	837.6M	963.2M	1.0B
Long Term Debt	110.2M	85.6M	305.4M	193.9M	196.5M	206.3M
Intangible Assets	5.5M	38.9M	158.2M	207.7M	188.9M	353.4M
Property Plant Equipment	259.7M	436.3M	255.6M	719.8M	827.8M	869.2M
Current Deferred Revenue	11.7M	23.3M	116.4M	131.8M	204.1M	214.3M
Good Will	9.4M	9.0M	8.8M	72.4M	220.4M	248.6M
Treasury Stock	(30.6M)	(31.2M)	(40.4M)	(72.5M)	(65.3M)	(62.0M)
Net Tangible Assets	121.4M	1.4B	4.2B	3.6B	4.1B	4.4B
Retained Earnings Total Equity	(1.3B)	(1.9B)	(2.4B)	(3.1B)	(2.8B)	(2.7B)
Capital Surpluse	1.5B	3.4B	7.1B	7.3B	8.4B	8.8B

Currently Active Assets on Macroaxis

VTSNX	Vanguard Total International
VBTIX	Vanguard Total Bond
VMCIX	Vanguard Mid Cap Index
GOOGL	Alphabet Inc Class A
AMZN	Amazon Inc

Additional Information and Resources on Investing in Plug Stock

When determining whether Plug Power is a strong investment it is important to analyze Plug Power'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 Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:

How To Invest In Plug

Details

Is Plug Stock a good investment?

Details

What is Plug Power's Net Worth?

Details

Largest Electrical Equipment & Parts Companies

View

Largest Industrials Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Electrical Components & Equipment space 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 Plug Power. If investors know Plug 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 Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.41)

Revenue Per Share

1.317

Quarterly Revenue Growth

(0.43)

Return On Assets

(0.13)

Return On Equity

(0.43)

The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power'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 Plug Power's market value can be influenced by many factors that don't directly affect Plug Power'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 Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Plug Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Plug Power fundamental ratios Correlations

Plug Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plug Power fundamental ratios Accounts

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Plug Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Property Plant And Equipment Gross
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets

Non Current Assets Total	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Current Liabilities
Inventory	- 0.97	Retained Earnings
Property Plant And Equipment Gross	- 0.97	Retained Earnings
Total Liab	- 0.97	Retained Earnings