Platinum Total Current Assets from 2010 to 2026

PLG Stock  USD 3.48  0.04  1.16%   
Platinum Group's Total Current Assets are decreasing over the last several years with slightly volatile swings. Total Current Assets are estimated to finish at about 26.6 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2001-11-30
Previous Quarter
12.1 M
Current Value
19.7 M
Quarterly Volatility
42.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 75.4 K, Interest Expense of 0.0 or Other Operating Expenses of 6.7 M, as well as many indicators such as Price To Sales Ratio of 654, Dividend Yield of 0.0 or PTB Ratio of 5.1. Platinum financial statements analysis is a perfect complement when working with Platinum Group Valuation or Volatility modules.
  
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Check out the analysis of Platinum Group Correlation against competitors.

Latest Platinum Group's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Platinum Group Metals over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Platinum Group's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Platinum Total Current Assets Regression Statistics

Arithmetic Mean29,479,025
Geometric Mean14,312,124
Coefficient Of Variation124.31
Mean Deviation27,433,533
Median12,764,000
Standard Deviation36,646,620
Sample Variance1343T
Range112M
R-Value(0.46)
Mean Square Error1133.3T
R-Squared0.21
Significance0.07
Slope(3,316,407)
Total Sum of Squares21487.6T

Platinum Total Current Assets History

202626.6 M
202513.9 M
202412.1 M
20234.2 M
20227.6 M
202112.8 M
20206.6 M

About Platinum Group Financial Statements

Platinum Group stakeholders use historical fundamental indicators, such as Platinum Group's Total Current Assets, 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
Total Current Assets13.9 M26.6 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Can Precious Metals & Minerals industry sustain growth momentum? Does Platinum have expansion opportunities? Factors like these will boost the valuation of Platinum Group. Anticipated expansion of Platinum directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Platinum Group demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(0.04)
Return On Assets
(0.05)
Return On Equity
(0.08)
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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.
It's important to distinguish between Platinum Group's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Platinum Group should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Platinum Group's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.