POET Common Stock vs Property Plant And Equipment Net Analysis
PTK Stock | CAD 6.06 0.13 2.10% |
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 Common Stock and its Property Plant And Equipment Net 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 board of governors. For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.
Common Stock vs Property Plant And Equipment Net
Common Stock vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between POET Technologies' Common Stock and Property Plant And Equipment Net is 0.61. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net 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' Common Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of POET Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock i.e., POET Technologies' Common Stock and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 board of governors. 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 fairly stable compared to the past year. Enterprise Value is likely to climb to about 63.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9 M in 2024.
POET Technologies fundamental ratios Correlations
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POET Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
POET Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.1M | 11.6M | 27.2M | 15.4M | 8.8M | 17.0M | |
Other Current Liab | 218.1K | 127.1K | 803.7K | 638.9K | 930.8K | 530.9K | |
Total Current Liabilities | 4.9M | 5.4M | 1.9M | 3.8M | 2.5M | 1.9M | |
Total Stockholder Equity | 19.0M | 5.8M | 25.0M | 11.4M | 4.9M | 4.7M | |
Property Plant And Equipment Net | 3.4M | 3.7M | 3.4M | 5.3M | 5.1M | 3.3M | |
Net Debt | 1.9M | (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 Payable | 1.5M | 1.6M | 987.5K | 2.7M | 1.4M | 974.3K | |
Cash | 1.4M | 6.9M | 14.9M | 9.2M | 3.0M | 2.9M | |
Non Current Assets Total | 3.8M | 4.1M | 5.4M | 5.8M | 5.6M | 5.4M | |
Cash And Short Term Investments | 1.4M | 6.9M | 21.3M | 9.2M | 3.0M | 2.9M | |
Net Receivables | 18.1M | 122.4K | 141.6K | 191.2K | 57.2K | 54.3K | |
Common Stock Shares Outstanding | 28.8M | 29.2M | 34.5M | 36.7M | 40.1M | 42.1M | |
Liabilities And Stockholders Equity | 24.1M | 11.6M | 27.2M | 15.4M | 8.8M | 17.0M | |
Other Current Assets | 18.8M | 618.7K | 480.5K | 275.5K | 150.7K | 143.1K | |
Other Stockholder Equity | 48.0M | 50.5M | 52.3M | 56.9M | 56.1M | 40.8M | |
Total Liab | 5.0M | 5.8M | 2.2M | 3.9M | 3.8M | 2.4M | |
Total Current Assets | 20.3M | 7.5M | 21.8M | 9.6M | 3.2M | 3.0M | |
Accumulated Other Comprehensive Income | (1.9M) | (2.0M) | (2.1M) | (2.7M) | (2.6M) | (2.5M) | |
Non Current Liabilities Total | 133.3K | 429.4K | 258.3K | 128.3K | 1.3M | 1.4M | |
Intangible Assets | 452.4K | 438.7K | 528.5K | 510.7K | 502.1K | 512.9K | |
Inventory | (18.1M) | (122.4K) | (141.6K) | (128.3K) | (57.2K) | (54.3K) | |
Common Stock | 112.1M | 114.6M | 147.7M | 151.2M | 165.7M | 104.6M | |
Net Tangible Assets | 12.1M | 18.6M | 5.4M | 24.4M | 28.1M | 15.8M | |
Property Plant Equipment | 9.3M | 3.4M | 3.7M | 3.4M | 3.9M | 4.9M | |
Net Invested Capital | 22.1M | 9.4M | 25.0M | 11.5M | 5.0M | 4.7M | |
Net Working Capital | 15.4M | 2.1M | 19.9M | 5.8M | 633.1K | 601.5K | |
Capital Stock | 112.1M | 114.6M | 147.7M | 151.2M | 165.7M | 147.3M |
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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.