Plug Operating Income vs Cost Of Revenue Analysis
PLUG Stock | USD 3.20 0.05 1.54% |
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 Operating Income and its Cost Of Revenue 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 tightly coupled 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.
Operating Income vs Cost Of Revenue
Operating Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Plug Power's Operating Income and Cost Of Revenue is -0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue 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 Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Plug Power are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Plug Power's Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Plug Power operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Plug Power is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Plug Power income statement and represents the costs associated with goods and services Plug Power provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 tightly coupled 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 |
Plug Power fundamental ratios Correlations
Click cells to compare fundamentals
Plug Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 tightly coupled 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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Is Plug Power'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 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.