Genie Property Plant Equipment from 2010 to 2024

GNE Stock  USD 16.04  0.14  0.88%   
Genie Energy's Property Plant Equipment is decreasing over the years with very volatile fluctuation. Property Plant Equipment is expected to dwindle to about 761.8 K. During the period from 2010 to 2024 Genie Energy Property Plant Equipment annual values regression line had geometric mean of  1,364,026 and mean square error of 52.9 T. View All Fundamentals
 
Property Plant Equipment  
First Reported
2010-06-30
Previous Quarter
1.4 M
Current Value
6.1 M
Quarterly Volatility
8.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Genie Energy over the last few years. It is Genie Energy's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genie Energy's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Very volatile
   Property Plant Equipment   
       Timeline  

Genie Property Plant Equipment Regression Statistics

Arithmetic Mean3,516,914
Geometric Mean1,364,026
Coefficient Of Variation199.74
Mean Deviation3,634,458
Median891,000
Standard Deviation7,024,786
Sample Variance49.3T
Range27.9M
R-Value(0.07)
Mean Square Error52.9T
R-Squared0.01
Significance0.80
Slope(111,268)
Total Sum of Squares690.9T

Genie Property Plant Equipment History

2024761.8 K
2023801.9 K
2022891 K
2021297 K
20204.7 M
20193.6 M
20184.3 M

About Genie Energy Financial Statements

Genie Energy stakeholders use historical fundamental indicators, such as Genie Energy's Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genie Energy's assets and liabilities are reflected in the revenues and expenses on Genie Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Property Plant Equipment801.9 K761.8 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genie Energy. If investors know Genie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genie Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.