Poly Non Current Assets Total vs Property Plant Equipment Analysis

600048 Stock   10.24  0.21  2.09%   
Poly Real financial indicator trend analysis is much more than just breaking down Poly Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Poly Real Estate is a good investment. Please check the relationship between Poly Real Non Current Assets Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Poly Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Poly Real Estate Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Poly Real's Non Current Assets Total and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Poly Real Estate, assuming nothing else is changed. The correlation between historical values of Poly Real's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Poly Real Estate are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Poly Real's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

Most indicators from Poly Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Poly Real Estate 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Poly Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 10.3 B, whereas Selling General Administrative is forecasted to decline to about 8.1 B.
 2021 2022 2023 2024 (projected)
Operating Income46.6B35.5B31.3B21.0B
Total Revenue285.0B281.1B346.9B364.2B

Poly Real fundamental ratios Correlations

1.0-0.541.00.820.980.850.991.01.00.610.930.940.950.160.960.94-0.230.850.970.920.92-0.80.96-0.810.95
1.0-0.561.00.790.980.840.980.990.990.660.910.930.930.190.940.93-0.190.850.950.910.92-0.820.95-0.840.92
-0.54-0.56-0.56-0.31-0.54-0.05-0.53-0.51-0.54-0.29-0.42-0.5-0.54-0.23-0.55-0.56-0.1-0.62-0.54-0.58-0.650.71-0.560.72-0.51
1.01.0-0.560.830.970.840.981.00.990.630.930.920.930.130.940.93-0.230.850.950.90.91-0.80.94-0.820.93
0.820.79-0.310.830.750.830.790.840.810.280.940.740.78-0.390.770.78-0.540.720.820.640.65-0.470.77-0.50.84
0.980.98-0.540.970.750.810.980.970.990.610.890.950.960.260.960.94-0.130.820.950.950.91-0.80.97-0.810.94
0.850.84-0.050.840.830.810.850.870.850.530.880.770.78-0.040.770.76-0.350.670.810.70.7-0.50.77-0.530.79
0.990.98-0.530.980.790.980.850.980.990.650.910.890.920.160.930.92-0.140.890.930.90.94-0.820.94-0.830.92
1.00.99-0.511.00.840.970.870.981.00.620.940.920.930.110.940.93-0.270.850.960.90.9-0.770.95-0.790.94
1.00.99-0.540.990.810.990.850.991.00.610.930.940.950.170.960.94-0.230.850.970.920.92-0.790.97-0.810.95
0.610.66-0.290.630.280.610.530.650.620.610.430.470.440.30.540.580.140.610.460.590.57-0.660.55-0.660.51
0.930.91-0.420.930.940.890.880.910.940.930.430.860.88-0.090.880.89-0.410.790.910.790.79-0.630.89-0.650.92
0.940.93-0.50.920.740.950.770.890.920.940.470.860.960.280.950.93-0.230.70.980.940.83-0.690.95-0.710.92
0.950.93-0.540.930.780.960.780.920.930.950.440.880.960.210.960.93-0.240.780.970.940.86-0.70.96-0.720.95
0.160.19-0.230.13-0.390.26-0.040.160.110.170.3-0.090.280.210.240.180.330.00.180.360.26-0.320.23-0.320.1
0.960.94-0.550.940.770.960.770.930.940.960.540.880.950.960.240.99-0.270.820.960.960.87-0.741.0-0.750.98
0.940.93-0.560.930.780.940.760.920.930.940.580.890.930.930.180.99-0.260.860.950.960.87-0.750.99-0.770.98
-0.23-0.19-0.1-0.23-0.54-0.13-0.35-0.14-0.27-0.230.14-0.41-0.23-0.240.33-0.27-0.26-0.03-0.27-0.040.07-0.16-0.24-0.14-0.32
0.850.85-0.620.850.720.820.670.890.850.850.610.790.70.780.00.820.86-0.030.790.820.92-0.850.84-0.860.83
0.970.95-0.540.950.820.950.810.930.960.970.460.910.980.970.180.960.95-0.270.790.940.89-0.720.96-0.740.94
0.920.91-0.580.90.640.950.70.90.90.920.590.790.940.940.360.960.96-0.040.820.940.91-0.780.96-0.80.92
0.920.92-0.650.910.650.910.70.940.90.920.570.790.830.860.260.870.870.070.920.890.91-0.880.89-0.90.83
-0.8-0.820.71-0.8-0.47-0.8-0.5-0.82-0.77-0.79-0.66-0.63-0.69-0.7-0.32-0.74-0.75-0.16-0.85-0.72-0.78-0.88-0.761.0-0.69
0.960.95-0.560.940.770.970.770.940.950.970.550.890.950.960.231.00.99-0.240.840.960.960.89-0.76-0.770.98
-0.81-0.840.72-0.82-0.5-0.81-0.53-0.83-0.79-0.81-0.66-0.65-0.71-0.72-0.32-0.75-0.77-0.14-0.86-0.74-0.8-0.91.0-0.77-0.7
0.950.92-0.510.930.840.940.790.920.940.950.510.920.920.950.10.980.98-0.320.830.940.920.83-0.690.98-0.7
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Poly Real Account Relationship Matchups

Poly Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0T1.3T1.4T1.5T1.4T1.5T
Total Stockholder Equity156.0B180.2B195.6B196.3B198.5B208.5B
Other Liab163.5M368.8M724.0M591.9M532.7M506.1M
Retained Earnings110.1B129.5B147.1B151.5B157.9B165.8B
Accounts Payable23.3B54.9B73.5B162.7B173.7B182.4B
Cash139.4B146.0B171.4B176.5B148.0B155.4B
Other Assets24.3B25.7B31.2B37.8B43.5B45.7B
Long Term Debt203.6B232.2B273.5B300.2B280.5B294.5B
Inventory584.0B741.5B809.7B877.9B869.5B913.0B
Total Liab803.7B984.7B1.1T1.1T1.1T1.2T
Common Stock11.9B11.9B12.0B12.0B13.8B7.3B
Property Plant Equipment5.5B8.0B8.2B16.0B18.4B19.4B
Intangible Assets389.2M429.8M404.2M371.0M373.5M392.2M
Good Will9.8M48.1M49.0M66.8M65.9M69.2M
Other Current Liab417.1B494.6B551.0B37.5B34.1B32.4B
Total Current Liabilities599.7B751.8B818.8B842.3B813.7B624.3B
Net Tangible Assets155.6B179.8B195.1B200.9B231.0B154.1B
Net Receivables135.0B2.5B3.2B4.0B3.8B3.6B
Other Current Assets43.0B47.0B48.2B61.3B74.6B55.1B
Other Stockholder Equity6.7B15.7B20.4B18.6B21.4B22.5B
Deferred Long Term Liab356.1M531.8M559.1M498.2M573.0M357.6M
Short Long Term Debt3.1B4.8B4.1B1.2B5.2B5.1B
Total Current Assets936.9B1.1T1.2T1.3T1.3T992.8B
Non Current Assets Total96.3B115.1B152.6B170.1B168.4B119.0B
Non Currrent Assets Other2.8B2.2M1.9M9.0M9.8M9.3M
Non Current Liabilities Total204.0B233.0B278.2B306.0B286.2B247.1B
Net Debt67.3B91.0B106.2B124.9B137.7B116.6B
Common Stock Shares Outstanding11.9B12.0B12.0B12.0B13.8B13.1B
Net Invested Capital362.7B417.2B473.2B497.7B484.3B449.4B
Net Working Capital337.2B384.5B428.5B458.1B454.8B419.2B
Capital Stock11.9B12.0B12.0B12.0B13.8B13.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Poly Stock

Balance Sheet is a snapshot of the financial position of Poly Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Poly Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Poly Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Poly currently owns. An asset can also be divided into two categories, current and non-current.