Plantify Long Term Debt vs Capital Lease Obligations 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 Long Term Debt and its Capital Lease Obligations 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.
Long Term Debt vs Capital Lease Obligations
Long Term Debt vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plantify Foods Long Term Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Plantify Foods' Long Term Debt and Capital Lease Obligations is 0.41. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Lease Obligations 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' Long Term Debt and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Plantify Foods are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Long Term Debt i.e., Plantify Foods' Long Term Debt and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Plantify Foods has held for over one year. Long-term debt appears on Plantify Foods balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Plantify Foods balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Capital Lease Obligations
Plantify Foods capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Plantify Foods asset purchases. For example, Plantify Foods can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Plantify Foods control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Revenue | 452K | 477K | 675K | 535.7K | Research Development | 53K | 41K | 36K | 37.6K |
Plantify Foods fundamental ratios Correlations
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Plantify Foods Account Relationship Matchups
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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.