POET Short Term Investments vs Good Will Analysis
POET Stock | USD 1.97 0.16 7.51% |
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Short Term Investments and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.
Short Term Investments vs Good Will
Short Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Short Term Investments account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between POET Technologies' Short Term Investments and Good Will is -0.4. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of POET Technologies are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., POET Technologies' Short Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of POET Technologies balance sheet. It contains any investments POET Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that POET Technologies can easily liquidate in the marketplace.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET Technologies 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 POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.At this time, POET Technologies' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 63.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9 M in 2024.
2021 | 2023 | 2024 (projected) | Total Operating Expenses | 17.2M | 19.3M | 11.7M | Cost Of Revenue | 2.0M | 2.3M | 1.9M |
POET Technologies fundamental ratios Correlations
Click cells to compare fundamentals
POET Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
POET Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.1M | 11.6M | 27.2M | 15.4M | 8.7M | 17.0M | |
Other Current Liab | 218.1K | 127.1K | 803.7K | 638.9K | 956.1K | 532.0K | |
Total Current Liabilities | 4.9M | 5.4M | 1.9M | 3.8M | 2.5M | 1.9M | |
Total Stockholder Equity | 19.0M | 5.8M | 25.0M | 11.4M | 4.9M | 4.7M | |
Property Plant And Equipment Net | 3.4M | 3.7M | 3.4M | 5.3M | 5.1M | 3.3M | |
Net Debt | 1.9M | (2.8M) | (14.6M) | (8.9M) | (2.5M) | (2.6M) | |
Retained Earnings | (139.1M) | (157.3M) | (173.0M) | (194.0M) | (213.2M) | (202.5M) | |
Accounts Payable | 1.5M | 1.6M | 987.5K | 2.7M | 1.4M | 973.8K | |
Cash | 1.4M | 6.9M | 14.9M | 9.2M | 3.0M | 2.9M | |
Non Current Assets Total | 3.8M | 4.1M | 5.4M | 5.8M | 5.6M | 5.4M | |
Cash And Short Term Investments | 1.4M | 6.9M | 21.3M | 9.2M | 3.0M | 2.9M | |
Net Receivables | 18.1M | 122.4K | 141.6K | 191.2K | 57.2K | 54.3K | |
Common Stock Shares Outstanding | 28.8M | 29.2M | 34.5M | 36.7M | 40.1M | 42.1M | |
Liabilities And Stockholders Equity | 24.1M | 11.6M | 27.2M | 15.4M | 8.7M | 17.0M | |
Non Current Liabilities Total | 133.3K | 429.4K | 258.3K | 128.3K | 1.3M | 1.4M | |
Other Current Assets | 313.2K | 59.5K | 479.9K | 275.5K | 149.9K | 142.4K | |
Other Stockholder Equity | 48.0M | 50.5M | 52.3M | 56.9M | 55.2M | 40.7M | |
Total Liab | 5.0M | 5.8M | 2.2M | 3.9M | 3.8M | 2.4M | |
Total Current Assets | 20.3M | 7.5M | 21.8M | 9.6M | 3.2M | 3.0M | |
Accumulated Other Comprehensive Income | (1.9M) | (2.0M) | (2.1M) | (2.7M) | (1.9M) | (1.8M) | |
Intangible Assets | 452.4K | 438.7K | 528.5K | 510.7K | 502.1K | 512.9K | |
Common Stock | 112.1M | 114.6M | 147.7M | 151.2M | 164.9M | 104.5M | |
Net Tangible Assets | 12.1M | 18.6M | 5.4M | 24.4M | 28.1M | 16.4M | |
Property Plant Equipment | 9.3M | 3.4M | 3.7M | 3.4M | 3.1M | 4.5M | |
Net Invested Capital | 22.1M | 9.4M | 25.0M | 11.5M | 5.0M | 4.7M | |
Capital Stock | 112.1M | 114.6M | 147.7M | 151.2M | 165.7M | 147.3M | |
Net Working Capital | 15.4M | 2.1M | 19.9M | 5.8M | 633.1K | 601.5K |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.Note that the POET Technologies information on this page should be used as a complementary analysis to other POET Technologies' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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Is POET Technologies' 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 POET Technologies. If investors know POET 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 POET Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 0.007 | Quarterly Revenue Growth (0.95) | Return On Assets (0.98) | Return On Equity (2.17) |
The market value of POET Technologies is measured differently than its book value, which is the value of POET that is recorded on the company's balance sheet. Investors also form their own opinion of POET Technologies' value that differs from its market value or its book value, called intrinsic value, which is POET Technologies' 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 POET Technologies' market value can be influenced by many factors that don't directly affect POET Technologies' 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 POET Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if POET Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, POET Technologies' 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.