Planet Net Invested Capital vs Total Assets 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 Net Invested Capital and its Total Assets 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.
Net Invested Capital vs Total Assets
Net Invested Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Planet Green's Net Invested Capital and Total Assets is 0.55. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets 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 Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Planet Green Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Planet Green's Net Invested Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Assets
Total assets refers to the total amount of Planet Green 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 Planet Green Holdings 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.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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.