Plug Power Stock Current Ratio
PLUN Stock | 2.44 0.25 11.42% |
Plug Power fundamentals help investors to digest information that contributes to Plug Power's financial success or failures. It also enables traders to predict the movement of Plug Stock. The fundamental analysis module provides a way to measure Plug Power's 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 Plug Power stock.
Plug |
Plug Power Company Current Ratio Analysis
Plug Power's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Plug Power has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Industrials sector and about the same as Electrical Equipment & Parts (which currently averages 0.0) industry. The current ratio for all Germany stocks is 100.0% higher than that of the company.
Plug Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plug Power's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Plug Power could also be used in its relative valuation, which is a method of valuing Plug Power by comparing valuation metrics of similar companies.Plug Power is currently under evaluation in current ratio category among its peers.
Plug Fundamentals
Return On Equity | -0.16 | |||
Return On Asset | -0.0686 | |||
Profit Margin | (1.08) % | |||
Operating Margin | (0.99) % | |||
Current Valuation | 6.7 B | |||
Shares Outstanding | 582.9 M | |||
Shares Owned By Insiders | 10.18 % | |||
Shares Owned By Institutions | 58.04 % | |||
Price To Book | 2.08 X | |||
Price To Sales | 12.73 X | |||
Revenue | 502.34 M | |||
Gross Profit | (99.32 M) | |||
EBITDA | (409.57 M) | |||
Net Income | (459.96 M) | |||
Total Debt | 541.68 M | |||
Book Value Per Share | 7.27 X | |||
Cash Flow From Operations | (358.18 M) | |||
Earnings Per Share | (1.21) X | |||
Number Of Employees | 2.25 K | |||
Beta | 1.79 | |||
Market Capitalization | 8.03 B | |||
Total Asset | 5.95 B | |||
Z Score | 8.4 | |||
Net Asset | 5.95 B |
About Plug Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plug Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plug Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plug Power 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 board of governors. For information on how to trade Plug Stock refer to our How to Trade Plug Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.