POET Total Revenue vs Total Current Assets Analysis

POET Stock  USD 4.25  0.10  2.30%   
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Total Revenue and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between POET Technologies' Total Revenue and Total Current Assets is 0.03. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Total Revenue and Total Current 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 Total Revenue of POET Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., POET Technologies' Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts POET Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET Technologies 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 POET Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.At this time, POET Technologies' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 63.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9 M in 2024.
 2021 2023 2024 (projected)
Total Operating Expenses17.2M19.3M11.7M
Cost Of Revenue2.0M2.3M1.9M

POET Technologies fundamental ratios Correlations

0.380.280.950.77-0.5-0.420.30.540.78-0.350.550.260.50.510.460.30.420.760.360.130.350.120.83-0.270.59
0.380.160.330.5-0.31-0.560.410.260.420.170.3-0.220.540.380.160.350.270.160.27-0.35-0.01-0.360.37-0.590.63
0.280.160.120.350.26-0.620.8-0.080.160.01-0.070.480.590.040.150.750.950.28-0.060.070.160.030.17-0.530.62
0.950.330.120.71-0.59-0.220.160.620.74-0.480.630.220.290.380.460.160.260.80.420.20.470.210.79-0.10.47
0.770.50.350.71-0.17-0.460.520.180.97-0.050.150.00.520.740.730.450.580.26-0.030.090.160.080.95-0.320.61
-0.5-0.310.26-0.59-0.170.110.13-0.97-0.20.3-0.950.36-0.12-0.070.090.060.22-0.61-0.560.03-0.350.03-0.28-0.03-0.28
-0.42-0.56-0.62-0.22-0.460.11-0.62-0.19-0.28-0.3-0.22-0.07-0.99-0.39-0.07-0.73-0.66-0.24-0.210.40.190.44-0.320.89-0.93
0.30.410.80.160.520.13-0.62-0.060.340.19-0.050.180.60.180.350.850.810.13-0.06-0.140.13-0.160.32-0.530.65
0.540.26-0.080.620.18-0.97-0.19-0.060.18-0.360.97-0.240.20.03-0.120.03-0.060.710.570.030.410.020.27-0.020.36
0.780.420.160.740.97-0.2-0.280.340.18-0.150.15-0.060.350.750.790.240.40.23-0.010.170.190.170.98-0.170.43
-0.350.170.01-0.48-0.050.3-0.30.19-0.36-0.15-0.4-0.160.270.15-0.240.090.01-0.53-0.4-0.73-0.81-0.72-0.14-0.320.09
0.550.3-0.070.630.15-0.95-0.22-0.050.970.15-0.4-0.230.230.0-0.140.06-0.060.740.74-0.070.38-0.080.24-0.110.39
0.26-0.220.480.220.00.36-0.070.18-0.24-0.06-0.16-0.230.1-0.2-0.020.180.390.47-0.10.210.160.22-0.02-0.060.11
0.50.540.590.290.52-0.12-0.990.60.20.350.270.230.10.450.140.70.640.280.22-0.38-0.19-0.420.4-0.880.93
0.510.380.040.380.74-0.07-0.390.180.030.750.150.0-0.20.450.390.290.32-0.06-0.150.0-0.26-0.020.73-0.180.39
0.460.160.150.460.730.09-0.070.35-0.120.79-0.24-0.14-0.020.140.390.130.29-0.02-0.180.350.30.350.75-0.080.19
0.30.350.750.160.450.06-0.730.850.030.240.090.060.180.70.290.130.80.210.11-0.140.09-0.180.23-0.550.76
0.420.270.950.260.580.22-0.660.81-0.060.40.01-0.060.390.640.320.290.80.26-0.090.10.120.060.41-0.510.7
0.760.160.280.80.26-0.61-0.240.130.710.23-0.530.740.470.28-0.06-0.020.210.260.590.140.510.130.33-0.140.46
0.360.27-0.060.42-0.03-0.56-0.21-0.060.57-0.01-0.40.74-0.10.22-0.15-0.180.11-0.090.59-0.320.17-0.330.02-0.310.31
0.13-0.350.070.20.090.030.4-0.140.030.17-0.73-0.070.21-0.380.00.35-0.140.10.14-0.320.71.00.140.54-0.26
0.35-0.010.160.470.16-0.350.190.130.410.19-0.810.380.16-0.19-0.260.30.090.120.510.170.70.70.160.240.04
0.12-0.360.030.210.080.030.44-0.160.020.17-0.72-0.080.22-0.42-0.020.35-0.180.060.13-0.331.00.70.140.58-0.3
0.830.370.170.790.95-0.28-0.320.320.270.98-0.140.24-0.020.40.730.750.230.410.330.020.140.160.14-0.20.48
-0.27-0.59-0.53-0.1-0.32-0.030.89-0.53-0.02-0.17-0.32-0.11-0.06-0.88-0.18-0.08-0.55-0.51-0.14-0.310.540.240.58-0.2-0.81
0.590.630.620.470.61-0.28-0.930.650.360.430.090.390.110.930.390.190.760.70.460.31-0.260.04-0.30.48-0.81
Click cells to compare fundamentals

POET Technologies Account Relationship Matchups

POET Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1M11.6M27.2M15.4M8.8M17.0M
Other Current Liab218.1K127.1K803.7K913.1K930.8K543.1K
Total Current Liabilities4.9M5.4M1.9M3.8M2.5M1.9M
Total Stockholder Equity19.0M5.8M25.0M11.4M4.9M4.7M
Property Plant And Equipment Net3.4M3.7M3.4M5.3M5.1M3.3M
Net Debt1.9M(2.8M)(14.6M)(8.9M)(2.5M)(2.6M)
Retained Earnings(139.1M)(157.3M)(173.0M)(194.0M)(214.3M)(203.6M)
Accounts Payable1.5M1.6M987.5K2.7M1.4M974.3K
Cash1.4M6.9M14.9M9.2M3.0M2.9M
Non Current Assets Total3.8M4.1M5.4M5.8M5.6M5.4M
Cash And Short Term Investments1.4M6.9M21.3M9.2M3.0M2.9M
Net Receivables18.1M122.4K141.6K62.8K57.2K54.3K
Common Stock Shares Outstanding28.8M29.2M34.5M36.7M40.1M42.1M
Liabilities And Stockholders Equity24.1M11.6M27.2M15.4M8.8M17.0M
Non Current Liabilities Total133.3K429.4K258.3K128.3K1.3M1.4M
Other Current Assets313.2K496.4K50.6K422.6K93.0K88.3K
Other Stockholder Equity48.0M50.5M47.0M56.9M56.1M40.5M
Total Liab5.0M5.8M2.2M3.9M3.8M2.4M
Total Current Assets20.3M7.5M21.8M9.6M3.2M3.0M
Accumulated Other Comprehensive Income(1.9M)(2.0M)(2.1M)(2.7M)(2.6M)(2.5M)
Intangible Assets452.4K438.7K528.5K510.7K502.1K512.9K
Common Stock112.1M114.6M147.7M151.2M165.7M104.6M
Net Tangible Assets12.1M18.6M5.4M24.4M28.1M16.4M
Property Plant Equipment9.3M3.4M3.7M3.4M3.1M4.5M
Net Invested Capital22.1M9.4M25.0M11.5M5.0M4.7M
Capital Stock112.1M114.6M147.7M151.2M165.7M147.3M
Net Working Capital15.4M2.1M19.9M5.8M633.1K601.5K

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Additional Tools for POET Stock Analysis

When running POET Technologies' price analysis, check to measure POET Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.