Profire Total Assets vs Non Currrent Assets Other Analysis
PFIE Stock | USD 2.52 0.01 0.40% |
Profire Ene financial indicator trend analysis is much more than just breaking down Profire Ene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Profire Ene is a good investment. Please check the relationship between Profire Ene Total Assets and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.
Total Assets vs Non Currrent Assets Other
Total Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Profire Ene Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Profire Ene's Total Assets and Non Currrent Assets Other is -0.49. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Profire Ene, assuming nothing else is changed. The correlation between historical values of Profire Ene's Total Assets and Non Currrent Assets Other 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 Assets of Profire Ene are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Profire Ene's Total Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Profire Ene assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Profire Ene books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Profire Ene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Profire Ene 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 Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.At present, Profire Ene's Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.4M | 21.7M | 30.5M | 32.1M | Total Revenue | 26.4M | 45.9M | 58.2M | 61.1M |
Profire Ene fundamental ratios Correlations
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Profire Ene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Profire Ene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 52.2M | 48.3M | 48.0M | 53.9M | 66.3M | 69.6M | |
Other Current Liab | 2.5M | 1.2M | 1.8M | 3.1M | 3.8M | 3.9M | |
Total Current Liabilities | 5.2M | 2.4M | 3.7M | 6.8M | 9.1M | 9.6M | |
Total Stockholder Equity | 46.6M | 45.4M | 44.1M | 46.6M | 56.8M | 30.9M | |
Property Plant And Equipment Net | 12.2M | 12.1M | 11.3M | 10.5M | 11.2M | 6.5M | |
Net Debt | (7.2M) | (9.1M) | (8.1M) | (7.3M) | (10.3M) | (9.8M) | |
Retained Earnings | 24.7M | 22.5M | 21.5M | 25.4M | 36.2M | 38.0M | |
Accounts Payable | 2.6M | 1.2M | 1.8M | 3.0M | 2.7M | 1.4M | |
Cash | 7.4M | 9.1M | 8.2M | 7.4M | 10.8M | 6.4M | |
Non Current Assets Total | 24.1M | 22.5M | 23.8M | 21.9M | 21.8M | 11.4M | |
Non Currrent Assets Other | (439.3K) | (522.9K) | (17.0M) | (418.2K) | (44.5M) | (42.2M) | |
Cash And Short Term Investments | 11.2M | 11.5M | 9.2M | 8.5M | 13.6M | 8.7M | |
Net Receivables | 5.8M | 4.3M | 6.3M | 12.0M | 14.2M | 14.9M | |
Common Stock Total Equity | 49.7K | 50.8K | 51.4K | 52.1K | 60.0K | 49.3K | |
Common Stock Shares Outstanding | 48.1M | 47.8M | 48.1M | 48.4M | 49.1M | 49.3M | |
Liabilities And Stockholders Equity | 52.2M | 48.3M | 48.0M | 53.9M | 66.3M | 69.6M | |
Non Current Liabilities Total | 491.4K | 535.5K | 172.0K | 556.7K | 360.1K | 502.7K | |
Inventory | 9.6M | 8.4M | 7.2M | 10.3M | 14.1M | 14.8M | |
Other Current Assets | 166.6K | 1.6M | 1.6M | 1.2M | 2.6M | 2.8M | |
Other Stockholder Equity | 24.2M | 24.9M | 24.7M | 24.4M | 23.4M | 13.7M | |
Total Liab | 5.7M | 3.0M | 3.9M | 7.3M | 9.5M | 9.9M | |
Property Plant And Equipment Gross | 12.2M | 12.1M | 15.9M | 10.5M | 16.0M | 16.8M | |
Total Current Assets | 28.1M | 25.8M | 24.2M | 32.0M | 44.5M | 46.7M | |
Accumulated Other Comprehensive Income | (2.4M) | (2.1M) | (2.1M) | (3.3M) | (2.8M) | (2.7M) | |
Intangible Assets | 2.0M | 1.8M | 1.5M | 1.3M | 1.1M | 704.3K | |
Common Stock | 50.8K | 51.4K | 51.7K | 52.1K | 53.0K | 52.7K | |
Short Term Investments | 3.8M | 2.4M | 1.0M | 1.2M | 2.8M | 1.8M | |
Net Tangible Assets | 42.0M | 41.0M | 40.0M | 42.7M | 49.1M | 38.5M | |
Retained Earnings Total Equity | 22.7M | 24.7M | 22.5M | 25.4M | 29.2M | 21.5M | |
Capital Surpluse | 28.0M | 29.6M | 30.3M | 31.7M | 36.5M | 23.3M | |
Property Plant Equipment | 12.1M | 12.0M | 11.3M | 10.4M | 12.0M | 8.7M | |
Treasury Stock | (6.9M) | (2.6M) | (5.4M) | (7.3M) | (6.6M) | (6.3M) | |
Long Term Investments | 7.4M | 6.1M | 8.3M | 7.5M | 6.4M | 5.9M |
Also Currently Popular
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.When determining whether Profire Ene is a strong investment it is important to analyze Profire Ene'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 Profire Ene's future performance. For an informed investment choice regarding Profire 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 Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Oil & Gas Equipment & Services space 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 Profire Ene. If investors know Profire 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 Profire Ene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.19 | Revenue Per Share 1.276 | Quarterly Revenue Growth 0.151 | Return On Assets 0.0941 | Return On Equity 0.1541 |
The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene's 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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene's 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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene's 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.