Planet Depreciation And Amortization from 2010 to 2024

PLAG Stock  USD 3.50  0.22  6.71%   
Planet Green's Depreciation And Amortization is decreasing over the last several years with slightly volatile swings. Depreciation And Amortization is predicted to flatten to about 1.8 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2007-06-30
Previous Quarter
532.6 K
Current Value
493.5 K
Quarterly Volatility
1.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Green financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Green's main balance sheet or income statement drivers, such as Interest Expense of 471.3 K, Selling General Administrative of 9.8 M or Other Operating Expenses of 34.1 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0 or PTB Ratio of 1.9. Planet financial statements analysis is a perfect complement when working with Planet Green Valuation or Volatility modules.
  
Check out the analysis of Planet Green Correlation against competitors.

Latest Planet Green's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Planet Green Holdings over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Planet Green's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Green's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Planet Depreciation And Amortization Regression Statistics

Arithmetic Mean2,361,908
Geometric Mean1,898,456
Coefficient Of Variation64.10
Mean Deviation1,125,693
Median2,233,588
Standard Deviation1,513,986
Sample Variance2.3T
Range5M
R-Value(0.35)
Mean Square Error2.2T
R-Squared0.12
Significance0.20
Slope(117,907)
Total Sum of Squares32.1T

Planet Depreciation And Amortization History

20241.8 M
20232.2 M
20221.5 M
20212.7 M
2020474.3 K
2019779.3 K
2018793.2 K

About Planet Green Financial Statements

Planet Green stakeholders use historical fundamental indicators, such as Planet Green's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Planet Green investors may analyze each financial statement separately, they are all interrelated. For example, changes in Planet Green's assets and liabilities are reflected in the revenues and expenses on Planet Green'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 Planet Green Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization2.2 M1.8 M

Currently Active Assets on Macroaxis

When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green'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 Planet Green's future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:
Check out the analysis of Planet Green Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Packaged Foods & Meats 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 Planet Green. If investors know Planet 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 Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.45)
Revenue Per Share
2.426
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.49)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green'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 Planet Green's market value can be influenced by many factors that don't directly affect Planet Green'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 Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.