POET Current Deferred Revenue vs Non Currrent Assets Other 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 Current Deferred Revenue and its Non Currrent Assets Other 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.
Current Deferred Revenue vs Non Currrent Assets Other
Current Deferred Revenue vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Current Deferred Revenue account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between POET Technologies' Current Deferred Revenue and Non Currrent Assets Other is 0.2. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Currrent Assets Other 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' Current Deferred Revenue and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of POET Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Current Deferred Revenue i.e., POET Technologies' Current Deferred Revenue and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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.