Plantify Retained Earnings vs Common Stock Shares Outstanding 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 Retained Earnings and its Common Stock Shares Outstanding 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plantify Foods Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Plantify Foods' Retained Earnings and Common Stock Shares Outstanding is -0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding 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' Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Plantify Foods are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Plantify Foods' Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

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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.