Power Property Plant And Equipment Gross vs Total Assets Analysis

POW Stock   14.63  0.50  3.54%   
Power Metal financial indicator trend analysis is much more than just breaking down Power Metal Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Metal Resources is a good investment. Please check the relationship between Power Metal Property Plant And Equipment Gross and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Metal Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Metal Resources Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Power Metal's Property Plant And Equipment Gross and Total Assets is 0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of Power Metal Resources, assuming nothing else is changed. The correlation between historical values of Power Metal's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Power Metal Resources 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 Property Plant And Equipment Gross i.e., Power Metal's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of Power Metal 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 Power Metal Resources 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 Power Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Metal Resources 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 Power Metal Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 1, 2024, Selling General Administrative is expected to decline to about 30.8 K. In addition to that, Discontinued Operations is expected to decline to about (5.2 M)

Power Metal fundamental ratios Correlations

0.890.99-0.72-0.570.840.730.840.890.860.62-0.230.00.57-0.410.570.240.150.470.140.35-0.230.120.530.35-0.2
0.890.87-0.58-0.570.850.60.721.00.750.62-0.220.160.49-0.40.480.280.140.390.110.26-0.220.140.490.45-0.15
0.990.87-0.72-0.580.80.730.830.870.850.63-0.23-0.030.51-0.440.530.230.110.40.110.29-0.230.090.490.31-0.17
-0.72-0.58-0.720.8-0.7-1.0-0.71-0.58-0.75-0.750.440.1-0.630.27-0.3-0.55-0.34-0.52-0.34-0.410.44-0.210.02-0.660.16
-0.57-0.57-0.580.8-0.52-0.8-0.62-0.57-0.63-0.970.580.15-0.390.420.11-0.7-0.24-0.22-0.23-0.130.58-0.190.26-0.510.0
0.840.850.8-0.7-0.520.710.630.850.70.51-0.190.00.84-0.260.650.280.260.660.210.49-0.190.160.530.57-0.16
0.730.60.73-1.0-0.80.710.710.60.750.74-0.41-0.110.64-0.280.30.530.320.510.320.4-0.410.19-0.010.66-0.15
0.840.720.83-0.71-0.620.630.710.720.990.57-0.280.240.34-0.180.390.390.440.520.440.52-0.280.410.240.24-0.54
0.891.00.87-0.58-0.570.850.60.720.750.62-0.220.160.49-0.40.480.280.140.390.110.26-0.220.140.490.45-0.15
0.860.750.85-0.75-0.630.70.750.990.750.58-0.290.220.44-0.180.440.40.450.590.450.56-0.290.40.280.3-0.52
0.620.620.63-0.75-0.970.510.740.570.620.58-0.61-0.170.34-0.5-0.070.660.130.120.120.01-0.610.11-0.160.510.1
-0.23-0.22-0.230.440.58-0.19-0.41-0.28-0.22-0.29-0.61-0.4-0.15-0.25-0.15-0.9-0.6-0.4-0.65-0.41.0-0.640.09-0.50.37
0.00.16-0.030.10.150.0-0.110.240.160.22-0.17-0.4-0.190.690.390.380.720.480.760.62-0.40.810.210.21-0.82
0.570.490.51-0.63-0.390.840.640.340.490.440.34-0.15-0.19-0.140.550.220.190.70.170.49-0.150.050.420.56-0.03
-0.41-0.4-0.440.270.42-0.26-0.28-0.18-0.4-0.18-0.5-0.250.69-0.140.310.310.660.450.690.6-0.250.670.030.01-0.69
0.570.480.53-0.30.110.650.30.390.480.44-0.07-0.150.390.550.310.120.370.730.390.67-0.150.370.840.32-0.49
0.240.280.23-0.55-0.70.280.530.390.280.40.66-0.90.380.220.310.120.670.460.70.47-0.90.68-0.210.58-0.42
0.150.140.11-0.34-0.240.260.320.440.140.450.13-0.60.720.190.660.370.670.770.970.87-0.60.9-0.020.41-0.87
0.470.390.4-0.52-0.220.660.510.520.390.590.12-0.40.480.70.450.730.460.770.780.96-0.40.680.410.51-0.72
0.140.110.11-0.34-0.230.210.320.440.110.450.12-0.650.760.170.690.390.70.970.780.89-0.650.94-0.020.4-0.9
0.350.260.29-0.41-0.130.490.40.520.260.560.01-0.40.620.490.60.670.470.870.960.89-0.40.80.30.4-0.87
-0.23-0.22-0.230.440.58-0.19-0.41-0.28-0.22-0.29-0.611.0-0.4-0.15-0.25-0.15-0.9-0.6-0.4-0.65-0.4-0.640.09-0.50.37
0.120.140.09-0.21-0.190.160.190.410.140.40.11-0.640.810.050.670.370.680.90.680.940.8-0.640.050.3-0.88
0.530.490.490.020.260.53-0.010.240.490.28-0.160.090.210.420.030.84-0.21-0.020.41-0.020.30.090.050.01-0.19
0.350.450.31-0.66-0.510.570.660.240.450.30.51-0.50.210.560.010.320.580.410.510.40.4-0.50.30.01-0.11
-0.2-0.15-0.170.160.0-0.16-0.15-0.54-0.15-0.520.10.37-0.82-0.03-0.69-0.49-0.42-0.87-0.72-0.9-0.870.37-0.88-0.19-0.11
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Power Metal Account Relationship Matchups

Power Metal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6M2.7M6.3M14.6M15.4M137.8K
Total Current Liabilities66K277K317K850K885K49.4K
Total Stockholder Equity1.8M2.7M6.3M11.7M13.6M88.4K
Net Debt(171K)(913K)(1.3M)(1.6M)(1.1M)(27.3K)
Retained Earnings(19.5M)(20.9M)(21.5M)(23.7M)(24.3M)(7.4K)
Accounts Payable20K24K250K686K343K49.4K
Cash171K913K1.3M1.6M1.1M24.7K
Cash And Short Term Investments171K913K1.5M3.9M8.3M24.7K
Liabilities And Stockholders Equity1.6M2.7M6.3M14.6M15.4M137.8K
Total Liab66K277K317K850K885K49.4K
Total Current Assets203K1.0M1.8M5.4M9.0M137.8K
Common Stock6.8M7.3M7.7M8.1M8.5M95K
Other Current Liab253K67K164K488K561.2K589.3K
Non Current Assets Total1.6M4.5M9.2M6.4M7.4M5.2M
Common Stock Shares Outstanding27.9M54.0M72.9M92.1M105.9M111.2M
Other Current Assets35K224K1.3M641K737.2K774.0K
Other Stockholder Equity14.9M18.4M23.3M29.3M33.7M35.4M
Accumulated Other Comprehensive Income1.4M1.6M4.1M1.8M2.1M2.2M
Non Currrent Assets Other(156K)179K2.4M7.2M8.3M8.7M
Intangible Assets156K800K7.1M4.9M4.5M3.1M
Net Receivables75K104K123K31K35.7K62.5K
Net Tangible Assets654K2.5M5.5M4.6M5.2M5.5M
Net Invested Capital2.7M6.3M11.7M13.6M15.6M16.4M
Net Working Capital746K1.5M4.6M8.1M9.3M9.7M
Capital Stock7.3M7.7M8.1M8.5M9.8M8.3M

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Other Information on Investing in Power Stock

Balance Sheet is a snapshot of the financial position of Power Metal Resources at a specified time, usually calculated after every quarter, six months, or one year. Power Metal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power Metal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Power currently owns. An asset can also be divided into two categories, current and non-current.