POET Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between POET Technologies' Total Current Liabilities and Other Stockholder Equity is 0.73. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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' Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of POET Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., POET Technologies' Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on POET Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of POET Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Short Term Debt	Intangible Assets	Inventory	Common Stock
Total Assets		0.4	0.28	0.95	0.77	-0.5	-0.42	0.3	0.54	0.78	0.45	0.55	0.26	0.5	0.31	0.33	0.42	0.76	0.36	0.13	0.37	0.02	0.12	0.83	-0.26	0.59
Other Current Liab	0.4		0.1	0.36	0.5	-0.3	-0.51	0.3	0.24	0.44	0.21	0.29	-0.2	0.5	-0.18	0.31	0.24	0.17	0.31	-0.28	0.45	0.24	-0.29	0.4	0.16	0.58
Total Current Liabilities	0.28	0.1		0.12	0.35	0.26	-0.62	0.8	-0.08	0.16	0.23	-0.07	0.49	0.59	0.51	0.73	0.95	0.28	-0.06	0.07	0.32	-0.54	0.03	0.17	-0.55	0.62
Total Stockholder Equity	0.95	0.36	0.12		0.71	-0.59	-0.22	0.16	0.62	0.74	0.38	0.63	0.22	0.29	0.27	0.19	0.26	0.8	0.42	0.2	0.26	0.06	0.21	0.79	-0.19	0.47
Property Plant And Equipment Net	0.77	0.5	0.35	0.71		-0.17	-0.46	0.52	0.18	0.97	0.7	0.15	0.01	0.52	0.09	0.44	0.58	0.26	-0.03	0.09	0.31	0.04	0.08	0.95	0.0	0.61
Net Debt	-0.5	-0.3	0.26	-0.59	-0.17		0.11	0.13	-0.97	-0.2	0.19	-0.95	0.37	-0.12	0.37	0.01	0.22	-0.61	-0.56	0.03	-0.21	-0.27	0.03	-0.28	-0.37	-0.28
Retained Earnings	-0.42	-0.51	-0.62	-0.22	-0.46	0.11		-0.62	-0.19	-0.28	-0.36	-0.22	-0.09	-0.99	-0.11	-0.74	-0.66	-0.24	-0.21	0.4	-0.58	0.15	0.44	-0.32	0.19	-0.93
Accounts Payable	0.3	0.3	0.8	0.16	0.52	0.13	-0.62		-0.06	0.34	0.39	-0.05	0.2	0.6	0.23	0.84	0.81	0.13	-0.06	-0.14	0.32	-0.5	-0.16	0.32	-0.23	0.65
Cash	0.54	0.24	-0.08	0.62	0.18	-0.97	-0.19	-0.06		0.18	-0.2	0.97	-0.25	0.2	-0.26	0.08	-0.06	0.71	0.57	0.03	0.25	0.17	0.02	0.27	0.24	0.36
Non Current Assets Total	0.78	0.44	0.16	0.74	0.97	-0.2	-0.28	0.34	0.18		0.73	0.15	-0.04	0.35	0.04	0.24	0.4	0.23	-0.01	0.17	0.23	0.15	0.17	0.98	0.07	0.43
Non Currrent Assets Other	0.45	0.21	0.23	0.38	0.7	0.19	-0.36	0.39	-0.2	0.73		-0.18	0.03	0.43	0.13	0.28	0.36	-0.04	-0.07	0.07	0.2	-0.03	0.06	0.72	-0.03	0.4
Cash And Short Term Investments	0.55	0.29	-0.07	0.63	0.15	-0.95	-0.22	-0.05	0.97	0.15	-0.18		-0.23	0.23	-0.24	0.13	-0.06	0.74	0.74	-0.07	0.22	0.07	-0.08	0.24	0.21	0.39
Net Receivables	0.26	-0.2	0.49	0.22	0.01	0.37	-0.09	0.2	-0.25	-0.04	0.03	-0.23		0.12	0.99	0.18	0.41	0.46	-0.1	0.2	0.05	-0.36	0.2	-0.01	-0.99	0.13
Common Stock Shares Outstanding	0.5	0.5	0.59	0.29	0.52	-0.12	-0.99	0.6	0.2	0.35	0.43	0.23	0.12		0.15	0.71	0.64	0.28	0.22	-0.38	0.58	-0.13	-0.42	0.4	-0.22	0.93
Other Current Assets	0.31	-0.18	0.51	0.27	0.09	0.37	-0.11	0.23	-0.26	0.04	0.13	-0.24	0.99	0.15		0.19	0.44	0.47	-0.1	0.22	0.07	-0.36	0.23	0.07	-0.98	0.16
Other Stockholder Equity	0.33	0.31	0.73	0.19	0.44	0.01	-0.74	0.84	0.08	0.24	0.28	0.13	0.18	0.71	0.19		0.78	0.26	0.21	-0.18	0.52	-0.42	-0.22	0.23	-0.24	0.78
Total Liab	0.42	0.24	0.95	0.26	0.58	0.22	-0.66	0.81	-0.06	0.4	0.36	-0.06	0.41	0.64	0.44	0.78		0.26	-0.09	0.1	0.38	-0.42	0.06	0.41	-0.45	0.7
Total Current Assets	0.76	0.17	0.28	0.8	0.26	-0.61	-0.24	0.13	0.71	0.23	-0.04	0.74	0.46	0.28	0.47	0.26	0.26		0.59	0.14	0.26	-0.16	0.13	0.33	-0.47	0.46
Short Term Investments	0.36	0.31	-0.06	0.42	-0.03	-0.56	-0.21	-0.06	0.57	-0.01	-0.07	0.74	-0.1	0.22	-0.1	0.21	-0.09	0.59		-0.32	0.06	-0.24	-0.33	0.02	0.06	0.31
Short Long Term Debt Total	0.13	-0.28	0.07	0.2	0.09	0.03	0.4	-0.14	0.03	0.17	0.07	-0.07	0.2	-0.38	0.22	-0.18	0.1	0.14	-0.32		0.3	0.41	1.0	0.14	-0.12	-0.26
Current Deferred Revenue	0.37	0.45	0.32	0.26	0.31	-0.21	-0.58	0.32	0.25	0.23	0.2	0.22	0.05	0.58	0.07	0.52	0.38	0.26	0.06	0.3		0.45	0.27	0.21	-0.09	0.59
Non Current Liabilities Total	0.02	0.24	-0.54	0.06	0.04	-0.27	0.15	-0.5	0.17	0.15	-0.03	0.07	-0.36	-0.13	-0.36	-0.42	-0.42	-0.16	-0.24	0.41	0.45		0.41	0.12	0.4	-0.16
Short Term Debt	0.12	-0.29	0.03	0.21	0.08	0.03	0.44	-0.16	0.02	0.17	0.06	-0.08	0.2	-0.42	0.23	-0.22	0.06	0.13	-0.33	1.0	0.27	0.41		0.14	-0.12	-0.3
Intangible Assets	0.83	0.4	0.17	0.79	0.95	-0.28	-0.32	0.32	0.27	0.98	0.72	0.24	-0.01	0.4	0.07	0.23	0.41	0.33	0.02	0.14	0.21	0.12	0.14		0.03	0.48
Inventory	-0.26	0.16	-0.55	-0.19	0.0	-0.37	0.19	-0.23	0.24	0.07	-0.03	0.21	-0.99	-0.22	-0.98	-0.24	-0.45	-0.47	0.06	-0.12	-0.09	0.4	-0.12	0.03		-0.21
Common Stock	0.59	0.58	0.62	0.47	0.61	-0.28	-0.93	0.65	0.36	0.43	0.4	0.39	0.13	0.93	0.16	0.78	0.7	0.46	0.31	-0.26	0.59	-0.16	-0.3	0.48	-0.21

Click cells to compare fundamentals

POET Technologies Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for POET Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC