POET Total Current Assets vs Long Term Debt Analysis

POET Stock  USD 1.74  0.23  11.68%   
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 Total Current Assets and its Long Term Debt 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.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between POET Technologies' Total Current Assets and Long Term Debt is 0.32. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt 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' Total Current Assets and Long Term Debt 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 Current Assets of POET Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., POET Technologies' Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that POET Technologies has held for over one year. Long-term debt appears on POET Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on POET Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Expenses17.2M19.3M11.7M
Cost Of Revenue2.0M2.3M1.9M

POET Technologies fundamental ratios Correlations

0.390.280.950.77-0.5-0.420.30.540.78-0.350.550.260.50.510.510.330.430.760.360.130.350.120.83-0.270.59
0.390.10.350.5-0.29-0.520.30.230.440.080.29-0.210.510.450.260.310.240.160.31-0.28-0.05-0.30.4-0.540.59
0.280.10.120.350.26-0.620.8-0.080.160.0-0.070.480.590.040.060.730.950.28-0.060.070.160.030.17-0.530.62
0.950.350.120.71-0.59-0.220.160.620.74-0.480.630.220.290.380.530.20.260.80.420.20.480.210.79-0.10.47
0.770.50.350.71-0.17-0.460.520.180.97-0.050.160.00.510.740.720.440.580.26-0.030.090.160.080.95-0.320.61
-0.5-0.290.26-0.59-0.170.110.13-0.97-0.20.3-0.950.36-0.12-0.070.020.010.22-0.61-0.560.03-0.350.03-0.28-0.03-0.28
-0.42-0.52-0.62-0.22-0.460.11-0.62-0.19-0.28-0.3-0.22-0.08-0.99-0.39-0.08-0.74-0.66-0.25-0.210.40.190.44-0.320.89-0.93
0.30.30.80.160.520.13-0.62-0.060.340.19-0.050.180.60.180.30.840.810.13-0.06-0.140.14-0.160.32-0.530.65
0.540.23-0.080.620.18-0.97-0.19-0.060.18-0.360.97-0.240.190.03-0.070.08-0.060.710.570.030.410.020.27-0.020.36
0.780.440.160.740.97-0.2-0.280.340.18-0.150.16-0.060.350.750.80.240.40.23-0.010.170.190.170.98-0.170.43
-0.350.080.0-0.48-0.050.3-0.30.19-0.36-0.15-0.4-0.160.270.15-0.270.040.01-0.53-0.4-0.73-0.81-0.72-0.14-0.320.09
0.550.29-0.070.630.16-0.95-0.22-0.050.970.16-0.4-0.230.230.0-0.060.13-0.060.740.74-0.060.38-0.080.24-0.110.4
0.26-0.210.480.220.00.36-0.080.18-0.24-0.06-0.16-0.230.11-0.21-0.020.170.390.47-0.10.210.170.22-0.02-0.070.12
0.50.510.590.290.51-0.12-0.990.60.190.350.270.230.110.440.160.710.640.280.22-0.38-0.19-0.430.4-0.880.93
0.510.450.040.380.74-0.07-0.390.180.030.750.150.0-0.210.440.410.270.32-0.06-0.150.0-0.26-0.020.73-0.180.39
0.510.260.060.530.720.02-0.080.3-0.070.8-0.27-0.06-0.020.160.410.10.210.06-0.030.260.280.270.76-0.110.21
0.330.310.730.20.440.01-0.740.840.080.240.040.130.170.710.270.10.780.270.21-0.170.11-0.210.23-0.580.78
0.430.240.950.260.580.22-0.660.81-0.060.40.01-0.060.390.640.320.210.780.26-0.090.10.120.060.41-0.510.7
0.760.160.280.80.26-0.61-0.250.130.710.23-0.530.740.470.28-0.060.060.270.260.590.140.510.140.33-0.140.46
0.360.31-0.060.42-0.03-0.56-0.21-0.060.57-0.01-0.40.74-0.10.22-0.15-0.030.21-0.090.59-0.320.17-0.330.02-0.310.31
0.13-0.280.070.20.090.030.4-0.140.030.17-0.73-0.060.21-0.380.00.26-0.170.10.14-0.320.71.00.140.55-0.26
0.35-0.050.160.480.16-0.350.190.140.410.19-0.810.380.17-0.19-0.260.280.110.120.510.170.70.710.160.240.04
0.12-0.30.030.210.080.030.44-0.160.020.17-0.72-0.080.22-0.43-0.020.27-0.210.060.14-0.331.00.710.140.58-0.3
0.830.40.170.790.95-0.28-0.320.320.270.98-0.140.24-0.020.40.730.760.230.410.330.020.140.160.14-0.20.48
-0.27-0.54-0.53-0.1-0.32-0.030.89-0.53-0.02-0.17-0.32-0.11-0.07-0.88-0.18-0.11-0.58-0.51-0.14-0.310.550.240.58-0.2-0.81
0.590.590.620.470.61-0.28-0.930.650.360.430.090.40.120.930.390.210.780.70.460.31-0.260.04-0.30.48-0.81
Click cells to compare fundamentals

POET Technologies Account Relationship Matchups

POET Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1M11.6M27.2M15.4M8.7M17.0M
Other Current Liab218.1K127.1K803.7K638.9K956.1K532.0K
Total Current Liabilities4.9M5.4M1.9M3.8M2.5M1.9M
Total Stockholder Equity19.0M5.8M25.0M11.4M4.9M4.7M
Property Plant And Equipment Net3.4M3.7M3.4M5.3M5.1M3.3M
Net Debt1.9M(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 Payable1.5M1.6M987.5K2.7M1.4M973.8K
Cash1.4M6.9M14.9M9.2M3.0M2.9M
Non Current Assets Total3.8M4.1M5.4M5.8M5.6M5.4M
Cash And Short Term Investments1.4M6.9M21.3M9.2M3.0M2.9M
Net Receivables18.1M122.4K141.6K191.2K57.2K54.3K
Common Stock Shares Outstanding28.8M29.2M34.5M36.7M40.1M42.1M
Liabilities And Stockholders Equity24.1M11.6M27.2M15.4M8.7M17.0M
Non Current Liabilities Total133.3K429.4K258.3K128.3K1.3M1.4M
Other Current Assets313.2K59.5K479.9K275.5K149.9K142.4K
Other Stockholder Equity48.0M50.5M52.3M56.9M55.2M40.7M
Total Liab5.0M5.8M2.2M3.9M3.8M2.4M
Total Current Assets20.3M7.5M21.8M9.6M3.2M3.0M
Accumulated Other Comprehensive Income(1.9M)(2.0M)(2.1M)(2.7M)(1.9M)(1.8M)
Intangible Assets452.4K438.7K528.5K510.7K502.1K512.9K
Common Stock112.1M114.6M147.7M151.2M164.9M104.5M
Net Tangible Assets12.1M18.6M5.4M24.4M28.1M16.4M
Property Plant Equipment9.3M3.4M3.7M3.4M3.1M4.5M
Net Invested Capital22.1M9.4M25.0M11.5M5.0M4.7M
Capital Stock112.1M114.6M147.7M151.2M165.7M147.3M
Net Working Capital15.4M2.1M19.9M5.8M633.1K601.5K
When determining whether POET Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if POET Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Poet Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Poet Technologies Stock:
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for POET Stock analysis

When running POET Technologies' price analysis, check to measure POET Technologies' 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Commodity Directory
Find actively traded commodities issued by global exchanges
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
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.