Planet Fitness Cl Stock Working Capital

0KJD Stock   100.73  0.20  0.20%   
Planet Fitness Cl fundamentals help investors to digest information that contributes to Planet Fitness' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Fitness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Fitness stock.
Change In Working Capital is likely to gain to about (26.5 M) in 2024.
  
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Planet Fitness Cl Company Working Capital Analysis

Planet Fitness' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Planet Capital Surpluse

Capital Surpluse

31.2 Million

At this time, Planet Fitness' Capital Surpluse is comparatively stable compared to the past year.
In accordance with the company's disclosures, Planet Fitness Cl has a Working Capital of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The working capital for all United Kingdom stocks is 100.0% higher than that of the company.

Planet Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Fitness' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Fitness could also be used in its relative valuation, which is a method of valuing Planet Fitness by comparing valuation metrics of similar companies.
Planet Fitness is currently under evaluation in working capital category among its peers.

Planet Fundamentals

About Planet Fitness Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Planet Fitness Cl's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Fitness Cl based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' 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 Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.