Phunware Property Plant Equipment vs Good Will Analysis
PHUN Stock | USD 4.41 0.03 0.68% |
Phunware financial indicator trend analysis is much more than just breaking down Phunware prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phunware is a good investment. Please check the relationship between Phunware Property Plant Equipment and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.
Property Plant Equipment vs Good Will
Property Plant Equipment vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phunware Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Phunware's Property Plant Equipment and Good Will is -0.7. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of Phunware, assuming nothing else is changed. The correlation between historical values of Phunware's Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Phunware are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Phunware's Property Plant Equipment and Good Will go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant Equipment
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Phunware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phunware 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 Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.At this time, Phunware's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 2.99, while Selling General Administrative is likely to drop about 13 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.6M | 5.1M | 1.7M | 1.6M | Total Revenue | 10.6M | 21.8M | 4.8M | 4.6M |
Phunware fundamental ratios Correlations
Click cells to compare fundamentals
Phunware Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phunware fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.1M | 31.8M | 99.3M | 56.8M | 6.7M | 6.4M | |
Total Current Liabilities | 19.8M | 26.5M | 30.3M | 25.6M | 16.5M | 15.7M | |
Total Stockholder Equity | 4.0M | (2.0M) | 65.3M | 24.9M | (11.5M) | (10.9M) | |
Retained Earnings | (123.6M) | (145.8M) | (199.3M) | (250.2M) | (303.0M) | (287.9M) | |
Cash | 276K | 3.9M | 23.1M | 2.0M | 3.9M | 3.5M | |
Cash And Short Term Investments | 276K | 3.9M | 23.1M | 2.0M | 3.9M | 3.5M | |
Common Stock Total Equity | 287.0 | 4K | 6K | 10K | 9K | 8.6K | |
Total Liab | 25.0M | 33.8M | 34.0M | 31.9M | 18.2M | 20.9M | |
Total Current Assets | 2.3M | 4.9M | 60.0M | 16.9M | 5.0M | 4.7M | |
Other Current Liab | 5.2M | 11.0M | 13.8M | 7.9M | 1.1M | 1.0M | |
Other Liab | 4.1M | 3.4M | 2.6M | 3.2M | 2.9M | 3.8M | |
Net Tangible Assets | (22.1M) | (28.0M) | 28.8M | (8.8M) | (10.1M) | (10.6M) | |
Net Debt | 829K | 4.5M | (16.7M) | 11.8M | 2.7M | 2.8M | |
Accounts Payable | 10.2M | 8.5M | 6.6M | 6.8M | 7.8M | 6.5M | |
Non Current Assets Total | 26.7M | 26.9M | 39.3M | 39.9M | 1.8M | 1.7M | |
Other Assets | 603K | 904K | 1.6M | 2.4M | 2.7M | 1.8M | |
Net Receivables | 1.7M | 664K | 967K | 835K | 550K | 522.5K | |
Good Will | 25.8M | 25.9M | 25.9M | 33.3M | 31.1M | 0.0 | |
Common Stock Shares Outstanding | 737.6K | 885.4K | 1.5M | 2.0M | 2.4M | 2.5M | |
Liabilities And Stockholders Equity | 29.1M | 31.8M | 99.3M | 56.8M | 6.7M | 6.4M | |
Non Current Liabilities Total | 5.2M | 7.4M | 3.7M | 6.3M | 1.7M | 1.6M | |
Other Current Assets | 368K | 398K | 33.3M | 11.3M | 477K | 453.2K | |
Other Stockholder Equity | 99.0M | 144.2M | 264.9M | 275.6M | 292.0M | 158.3M | |
Property Plant And Equipment Gross | 24K | 13K | 1.3M | 3.9M | 1.5M | 933.2K | |
Short Long Term Debt | 1.1M | 4.4M | 4.9M | 9.7M | 4.9M | 3.4M | |
Accumulated Other Comprehensive Income | (418K) | (382K) | (338K) | (352K) | (472K) | (438.9K) | |
Short Term Debt | 1.1M | 3.8M | 5.7M | 10.4M | 6.2M | 3.7M | |
Intangible Assets | 253K | 111K | 3.2M | 2.5M | 2.9M | 1.5M | |
Property Plant Equipment | 24K | 13K | 1.3M | 3.9M | 4.5M | 4.7M | |
Short Long Term Debt Total | 2.2M | 8.4M | 6.5M | 13.7M | 6.6M | 6.0M | |
Property Plant And Equipment Net | 24K | 13K | 1.3M | 3.9M | 1.5M | 1.1M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Systems Software 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 Phunware. If investors know Phunware 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 Phunware listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.52) | Revenue Per Share 0.484 | Quarterly Revenue Growth (0.76) | Return On Assets (0.22) | Return On Equity (1.56) |
The market value of Phunware is measured differently than its book value, which is the value of Phunware that is recorded on the company's balance sheet. Investors also form their own opinion of Phunware's value that differs from its market value or its book value, called intrinsic value, which is Phunware'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 Phunware's market value can be influenced by many factors that don't directly affect Phunware'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 Phunware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phunware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phunware'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.