Plantify Change In Working Capital vs Issuance Of Capital Stock Analysis

PTFY Stock   0.23  0.02  8.00%   
Plantify Foods financial indicator trend analysis is much more than just breaking down Plantify Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plantify Foods is a good investment. Please check the relationship between Plantify Foods Change In Working Capital and its Issuance Of Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plantify Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Change In Working Capital vs Issuance Of Capital Stock

Change In Working Capital vs Issuance Of Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plantify Foods Change In Working Capital account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Plantify Foods' Change In Working Capital and Issuance Of Capital Stock is 0.21. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Plantify Foods, assuming nothing else is changed. The correlation between historical values of Plantify Foods' Change In Working Capital and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Plantify Foods are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Change In Working Capital i.e., Plantify Foods' Change In Working Capital and Issuance Of Capital Stock go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Issuance Of Capital Stock

Most indicators from Plantify Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plantify Foods 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 Plantify Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Issuance Of Capital Stock is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue452K477K675K535.7K
Research Development53K41K36K37.6K

Plantify Foods fundamental ratios Correlations

0.420.99-0.880.970.8-0.960.890.781.00.740.590.560.820.990.970.951.00.580.990.840.84-0.92-0.95
0.420.51-0.710.59-0.16-0.30.71-0.190.46-0.23-0.450.22-0.180.370.560.470.47-0.450.53-0.090.08-0.4-0.49
0.990.51-0.930.990.72-0.960.940.710.990.690.490.580.740.980.970.951.00.511.00.770.81-0.93-0.97
-0.88-0.71-0.93-0.96-0.470.88-0.96-0.41-0.91-0.52-0.16-0.44-0.49-0.86-0.94-0.93-0.92-0.31-0.94-0.53-0.590.920.96
0.970.590.99-0.960.67-0.930.940.620.990.620.390.470.680.970.990.980.990.431.00.730.72-0.94-0.97
0.8-0.160.72-0.470.67-0.780.440.930.780.850.910.290.990.840.70.740.760.830.721.00.76-0.72-0.66
-0.96-0.3-0.960.88-0.93-0.78-0.86-0.76-0.95-0.86-0.6-0.57-0.82-0.95-0.92-0.93-0.96-0.71-0.95-0.82-0.840.960.98
0.890.710.94-0.960.940.44-0.860.480.890.50.220.650.490.850.90.860.920.280.930.510.71-0.84-0.93
0.78-0.190.71-0.410.620.93-0.760.480.730.850.960.580.970.780.620.620.730.820.680.930.91-0.6-0.62
1.00.460.99-0.910.990.78-0.950.890.730.710.530.480.790.990.990.981.00.541.00.830.78-0.94-0.96
0.74-0.230.69-0.520.620.85-0.860.50.850.710.820.470.910.760.630.690.720.970.670.850.8-0.76-0.74
0.59-0.450.49-0.160.390.91-0.60.220.960.530.820.420.930.610.410.440.530.860.460.880.78-0.43-0.42
0.560.220.58-0.440.470.29-0.570.650.580.480.470.420.420.460.390.320.550.350.510.320.85-0.33-0.52
0.82-0.180.74-0.490.680.99-0.820.490.970.790.910.930.420.840.70.730.780.880.730.980.83-0.73-0.7
0.990.370.98-0.860.970.84-0.950.850.780.990.760.610.460.840.970.970.990.610.980.880.8-0.94-0.94
0.970.560.97-0.940.990.7-0.920.90.620.990.630.410.390.70.970.990.980.440.990.760.68-0.95-0.96
0.950.470.95-0.930.980.74-0.930.860.620.980.690.440.320.730.970.990.960.520.970.790.65-0.98-0.96
1.00.471.0-0.920.990.76-0.960.920.731.00.720.530.550.780.990.980.960.541.00.810.81-0.94-0.97
0.58-0.450.51-0.310.430.83-0.710.280.820.540.970.860.350.880.610.440.520.540.480.80.7-0.6-0.56
0.990.531.0-0.941.00.72-0.950.930.681.00.670.460.510.730.980.990.971.00.480.770.76-0.94-0.97
0.84-0.090.77-0.530.731.0-0.820.510.930.830.850.880.320.980.880.760.790.810.80.770.77-0.76-0.71
0.840.080.81-0.590.720.76-0.840.710.910.780.80.780.850.830.80.680.650.810.70.760.77-0.64-0.74
-0.92-0.4-0.930.92-0.94-0.720.96-0.84-0.6-0.94-0.76-0.43-0.33-0.73-0.94-0.95-0.98-0.94-0.6-0.94-0.76-0.640.97
-0.95-0.49-0.970.96-0.97-0.660.98-0.93-0.62-0.96-0.74-0.42-0.52-0.7-0.94-0.96-0.96-0.97-0.56-0.97-0.71-0.740.97
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Plantify Foods Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Plantify Stock Analysis

When running Plantify Foods' price analysis, check to measure Plantify Foods' 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 Plantify Foods is operating at the current time. Most of Plantify Foods' value examination focuses on studying past and present price action to predict the probability of Plantify Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plantify Foods' price. Additionally, you may evaluate how the addition of Plantify Foods to your portfolios can decrease your overall portfolio volatility.