Platinum Other Stockholder Equity from 2010 to 2024

PLG Stock  USD 1.79  0.10  5.92%   
Platinum Group's Other Stockholder Equity is increasing over the last several years with slightly volatile swings. Other Stockholder Equity is estimated to finish at about 45.2 M this year. During the period from 2010 to 2024 Platinum Group Metals Other Stockholder Equity regressed destribution of quarterly values had coefficient of variationof  39.59 and r-value of  0.94. View All Fundamentals
 
Other Stockholder Equity  
First Reported
2001-11-30
Previous Quarter
35.4 M
Current Value
34.4 M
Quarterly Volatility
66.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Platinum Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Platinum Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 90.7 K, Interest Expense of 0.0 or Other Operating Expenses of 6.1 M, as well as many indicators such as Price To Sales Ratio of 19.81, Dividend Yield of 0.0 or PTB Ratio of 4.34. Platinum financial statements analysis is a perfect complement when working with Platinum Group Valuation or Volatility modules.
  
Check out the analysis of Platinum Group Correlation against competitors.

Latest Platinum Group's Other Stockholder Equity Growth Pattern

Below is the plot of the Other Stockholder Equity of Platinum Group Metals over the last few years. It is Platinum Group's Other Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Platinum Group's overall financial position and show how it may be relating to other accounts over time.
Other Stockholder Equity10 Years Trend
Slightly volatile
   Other Stockholder Equity   
       Timeline  

Platinum Other Stockholder Equity Regression Statistics

Arithmetic Mean25,803,101
Geometric Mean22,276,912
Coefficient Of Variation39.59
Mean Deviation7,282,623
Median25,950,000
Standard Deviation10,216,563
Sample Variance104.4T
Range43.2M
R-Value0.94
Mean Square Error12.6T
R-Squared0.89
Slope2,152,133
Total Sum of Squares1461.3T

Platinum Other Stockholder Equity History

202445.2 M
202338.8 M
202233.8 M
202132.1 M
202030.1 M
201928.3 M
201826.8 M

About Platinum Group Financial Statements

Platinum Group stakeholders use historical fundamental indicators, such as Platinum Group's Other Stockholder Equity, to determine how well the company is positioned to perform in the future. Although Platinum Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Platinum Group's assets and liabilities are reflected in the revenues and expenses on Platinum Group'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 Platinum Group Metals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Stockholder Equity38.8 M45.2 M

Currently Active Assets on Macroaxis

When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group'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 Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:
Check out the analysis of Platinum Group Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Precious Metals & Minerals 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 Platinum Group. If investors know Platinum 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 Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Return On Assets
(0.11)
Return On Equity
(0.12)
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group'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 Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group'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 Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group'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.