Planet Common Stock vs Other Stockholder Equity Analysis
PLAG Stock | USD 2.62 0.03 1.13% |
Planet Green financial indicator trend analysis is much more than just breaking down Planet Green Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Planet Green Holdings is a good investment. Please check the relationship between Planet Green Common Stock and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Green Holdings. 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.
Common Stock vs Other Stockholder Equity
Common Stock vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Common Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Planet Green's Common Stock and Other Stockholder Equity is 0.72. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Planet Green Holdings, assuming nothing else is changed. The correlation between historical values of Planet Green's Common Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Planet Green Holdings are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., Planet Green's Common Stock and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Other Stockholder Equity
Most indicators from Planet Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Planet Green Holdings 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 Planet Green Holdings. 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. At this time, Planet Green's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8M | 4.4M | 1.4M | 1.4M | Total Revenue | 37.8M | 44.8M | 27.1M | 25.8M |
Planet Green fundamental ratios Correlations
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Planet Green Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Planet Green fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.9M | 22.0M | 86.0M | 60.7M | 42.6M | 40.5M | |
Total Current Liabilities | 4.8M | 3.6M | 34.4M | 19.6M | 19.2M | 31.9M | |
Total Stockholder Equity | 20.7M | 18.3M | 46.9M | 40.6M | 19.4M | 18.5M | |
Net Debt | (6.9M) | (3.4M) | 6.5M | 3.8M | 3.4M | 3.2M | |
Retained Earnings | (73.3M) | (84.3M) | (94.1M) | (119.9M) | (140.7M) | (133.7M) | |
Accounts Payable | 952.5K | 1.3M | 6.2M | 3.5M | 3.6M | 5.9M | |
Cash | 7.4M | 3.4M | 750.7K | 93.5K | 436.4K | 414.6K | |
Cash And Short Term Investments | 7.4M | 3.4M | 750.7K | 93.5K | 436.4K | 414.6K | |
Common Stock Shares Outstanding | 6.9M | 1.0M | 24.8M | 6.0M | 7.2M | 3.7M | |
Liabilities And Stockholders Equity | 25.9M | 22.0M | 86.0M | 60.7M | 42.6M | 40.5M | |
Non Current Liabilities Total | 373.7K | 31.4K | 380.3K | 560.9K | 4.0M | 6.7M | |
Other Stockholder Equity | 85.8M | 95.7M | 133.2M | 155.7M | 155.7M | 163.5M | |
Total Liab | 5.2M | 3.7M | 34.8M | 20.1M | 23.2M | 38.4M | |
Total Current Assets | 18.2M | 13.5M | 27.3M | 13.8M | 12.5M | 11.9M | |
Common Stock | 7.9K | 11.8K | 35.6K | 72.1K | 82.9K | 87.0K | |
Other Current Liab | 3.6M | 2.1M | 14.6M | 8.7M | 14.3M | 15.1M | |
Accumulated Other Comprehensive Income | 8.2M | 7.0M | 7.7M | 4.7M | 4.4M | 4.2M | |
Short Term Debt | 155.1K | 160.8K | 7.3M | 3.6M | 1.2B | 1.3B | |
Property Plant And Equipment Net | 5.9M | 4.6M | 23.5M | 22.6M | 20.3M | 39.4M | |
Current Deferred Revenue | 52.7K | 257.6K | 6.3M | 2.7M | 36.3K | 34.5K | |
Non Current Assets Total | 7.7M | 8.5M | 58.7M | 46.9M | 30.1M | 50.0M | |
Non Currrent Assets Other | 319.2K | (8.5M) | 7.8M | 33.3M | 7.6B | 8.0B | |
Net Receivables | 1.4M | 835.4K | 12.7M | 3.6M | 3.2M | 3.0M | |
Inventory | 1.9M | 2.3M | 7.8M | 4.2M | 7.3M | 7.6M | |
Other Current Assets | 7.4M | 7.0M | 6.1M | 6.0M | 1.6M | 1.6M | |
Property Plant Equipment | 2.2M | 5.8M | 4.6M | 23.5M | 21.2M | 41.2M | |
Net Tangible Assets | 8.3M | 19.2M | 14.5M | 24.5M | 22.1M | 21.0M | |
Retained Earnings Total Equity | (99.6M) | (79.0M) | (73.3M) | (84.3M) | (75.9M) | (72.1M) |
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When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green'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 Planet Green's future performance. For an informed investment choice regarding Planet 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 Planet Green Holdings. 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. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Packaged Foods & Meats 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 Planet Green. If investors know Planet 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 Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.45) | Revenue Per Share 2.426 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.49) |
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green'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 Planet Green's market value can be influenced by many factors that don't directly affect Planet Green'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 Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.