Planet Financial Statements From 2010 to 2024

YIBO Stock   3.43  0.10  3.00%   
Planet Image financial statements provide useful quarterly and yearly information to potential Planet Image International investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Planet Image financial statements helps investors assess Planet Image's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Planet Image's valuation are summarized below:
Profit Margin
0.0527
Market Capitalization
184.8 M
Enterprise Value Revenue
1.156
Revenue
153.3 M
Earnings Share
0.15
We have found one hundred twenty available trending fundamental ratios for Planet Image Interna, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Planet Image's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Planet Image Total Revenue

155.83 Million

Check Planet Image financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Image's main balance sheet or income statement drivers, such as Tax Provision of 882 K, Depreciation And Amortization of 2.7 M or Interest Expense of 802.6 K, as well as many indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0 or PTB Ratio of 4.31. Planet financial statements analysis is a perfect complement when working with Planet Image Valuation or Volatility modules.
  
Check out the analysis of Planet Image Correlation against competitors.

Planet Image Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Intangible Assets3.6 M4.1 M3.1 M
Slightly volatile
Total Assets130.1 M130.3 M115.1 M
Slightly volatile
Short and Long Term Debt Total42.4 M41.4 M35.8 M
Slightly volatile
Other Current Liabilities14.1 M16.7 M9.1 M
Slightly volatile
Total Current Liabilities64.1 M82.4 M80.4 M
Slightly volatile
Total Stockholder Equity23.9 M33.1 M15.6 M
Slightly volatile
Property Plant And Equipment Net11.8 M10.4 M10.7 M
Slightly volatile
Current Deferred Revenue605.4 K484 K782.2 K
Slightly volatile
Retained Earnings18.5 M26 M11.9 M
Slightly volatile
Accounts Payable23.3 M22.5 M38 M
Slightly volatile
Cash38.5 M45.1 M30.5 M
Slightly volatile
Non Current Assets Total10.9 M11.7 M14.4 M
Slightly volatile
Non Currrent Assets Other389.6 K259 K881.8 K
Slightly volatile
Cash And Short Term Investments38.5 M45.1 M30.5 M
Slightly volatile
Net Receivables33.1 M34.8 M28.2 M
Slightly volatile
Common Stock Shares Outstanding44.8 M53.9 M55.7 M
Slightly volatile
Liabilities And Stockholders Equity130.1 M130.3 M115.1 M
Slightly volatile
Non Current Liabilities Total13.1 M14.8 M17.2 M
Slightly volatile
Capital Lease Obligations2.7 M1.9 M4.3 M
Slightly volatile
Inventory18.4 M17.5 M26.8 M
Slightly volatile
Other Current Assets18.1 M21.2 M14.4 M
Slightly volatile
Other Stockholder Equity666.4 K749.7 K816.3 K
Slightly volatile
Total Liabilities77.2 M97.2 M97.6 M
Slightly volatile
Net Invested Capital59.3 M72.6 M45.9 M
Slightly volatile
Property Plant And Equipment Gross19.6 M19.6 M17.2 M
Slightly volatile
Short and Long Term Debt35.4 M39.5 M30.4 M
Slightly volatile
Total Current Assets115 M118.6 M100.4 M
Slightly volatile
Accumulated Other Comprehensive Income4.5 M6.3 M2.8 M
Slightly volatile
Capital Stock800900980
Slightly volatile
Net Working Capital26.8 M36.2 M18.4 M
Slightly volatile
Short Term Debt40 M40.8 M32.7 M
Slightly volatile
Common Stock800900980
Slightly volatile

Planet Image Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision882 K840 K398.8 K
Pretty Stable
Depreciation And Amortization2.7 M2.5 M2.5 M
Slightly volatile
Interest Expense802.6 K540 K1.1 M
Slightly volatile
Selling General Administrative8.8 MMM
Slightly volatile
Selling And Marketing Expenses24.8 M30.6 M31 M
Slightly volatile
Total Revenue155.8 M150.2 M136.7 M
Slightly volatile
Gross Profit58.1 M59 M50.2 M
Slightly volatile
Other Operating Expenses146.3 M137.5 M130.2 M
Slightly volatile
Operating Income8.6 M12.7 M5.4 M
Slightly volatile
Net Income From Continuing Ops6.6 M7.8 M4.9 M
Slightly volatile
EBIT8.1 M9.2 M6.3 M
Slightly volatile
Research Development6.5 M6.6 M5.3 M
Slightly volatile
EBITDA10.9 M11.7 M8.8 M
Slightly volatile
Cost Of Revenue97.7 M91.3 M86.5 M
Slightly volatile
Total Operating Expenses48.6 M46.2 M43.7 M
Slightly volatile
Reconciled Depreciation2.7 M2.5 M2.5 M
Slightly volatile
Income Before TaxM8.6 M5.2 M
Slightly volatile
Net Income6.6 M7.8 M4.9 M
Slightly volatile
Income Tax Expense882 K840 K398.8 K
Pretty Stable

Planet Image Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow51.1 M64.2 M40.3 M
Slightly volatile
Change In Cash7.8 M11.5 M4.2 M
Slightly volatile
Free Cash Flow9.1 M16.9 M6.4 M
Slightly volatile
Begin Period Cash Flow46.2 M52.7 M38 M
Slightly volatile
Depreciation2.7 M2.5 M2.5 M
Slightly volatile
Total Cash From Operating Activities10.5 M17.9 M7.4 M
Slightly volatile
Net Income6.6 M7.8 M4.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.471.00071.7007
Slightly volatile
PTB Ratio4.314.540224.986
Slightly volatile
Days Sales Outstanding93.3484.5597102
Slightly volatile
Book Value Per Share0.650.61450.2104
Slightly volatile
Free Cash Flow Yield0.120.11240.0395
Slightly volatile
Operating Cash Flow Per Share0.350.33210.129
Slightly volatile
Capex To Depreciation0.350.39270.4239
Pretty Stable
PB Ratio4.314.540224.986
Slightly volatile
EV To Sales1.60.97621.9363
Slightly volatile
Free Cash Flow Per Share0.330.31370.1099
Slightly volatile
ROIC0.110.15820.1212
Slightly volatile
Inventory Turnover2.995.2293.5232
Slightly volatile
Net Income Per Share0.0960.14430.1007
Slightly volatile
Days Of Inventory On Hand11169.8032105
Slightly volatile
Payables Turnover2.654.05333.2395
Very volatile
Sales General And Administrative To Revenue0.04460.06020.0533
Very volatile
Research And Ddevelopement To Revenue0.02880.04420.0311
Slightly volatile
Capex To Revenue0.01010.00660.0115
Slightly volatile
Cash Per Share0.440.83750.4679
Slightly volatile
POCF Ratio7.988.400729.4709
Pretty Stable
Interest Coverage24.7523.56855.9892
Slightly volatile
Capex To Operating Cash Flow0.05280.05560.1998
Pretty Stable
PFCF Ratio8.458.895242.3419
Very volatile
Days Payables Outstanding13190.051117
Very volatile
Income Quality2.422.30191.2165
Slightly volatile
ROE0.220.23480.8345
Slightly volatile
EV To Operating Cash Flow7.788.194733.0076
Slightly volatile
PE Ratio28.4619.337529.2527
Slightly volatile
Return On Tangible Assets0.07080.05970.0627
Very volatile
EV To Free Cash Flow8.248.677246.9617
Pretty Stable
Earnings Yield0.03350.05170.036
Slightly volatile
Intangibles To Total Assets0.02420.0270.0295
Slightly volatile
Current Ratio0.941.43971.0186
Slightly volatile
Tangible Book Value Per Share0.650.61450.1949
Slightly volatile
Receivables Turnover3.624.31653.7619
Slightly volatile
Graham Number1.481.41240.6598
Slightly volatile
Shareholders Equity Per Share0.650.61450.2104
Slightly volatile
Debt To Equity1.131.1937.4335
Slightly volatile
Capex Per Share0.01560.01850.0188
Pretty Stable
Revenue Per Share1.762.7881.7644
Slightly volatile
Interest Debt Per Share0.790.74310.8214
Slightly volatile
Debt To Assets0.420.30320.4929
Slightly volatile
Enterprise Value Over EBITDA18.2512.546618.4411
Slightly volatile
Short Term Coverage Ratios0.480.4530.1728
Slightly volatile
Price Earnings Ratio28.4619.337529.2527
Slightly volatile
Operating Cycle204154207
Slightly volatile
Price Book Value Ratio4.314.540224.986
Slightly volatile
Days Of Payables Outstanding13190.051117
Very volatile
Price To Operating Cash Flows Ratio7.988.400729.4709
Pretty Stable
Price To Free Cash Flows Ratio8.458.895242.3419
Very volatile
Pretax Profit Margin0.06610.05730.0675
Slightly volatile
Ebt Per Ebit1.060.67680.9175
Pretty Stable
Operating Profit Margin0.07650.08470.0786
Slightly volatile
Effective Tax Rate0.08240.09750.1093
Slightly volatile
Company Equity Multiplier3.743.934313.5297
Slightly volatile
Total Debt To Capitalization0.790.5440.8195
Slightly volatile
Return On Capital Employed0.480.26570.796
Slightly volatile
Debt Equity Ratio1.131.1937.4335
Slightly volatile
Ebit Per Revenue0.07650.08470.0786
Slightly volatile
Quick Ratio0.721.22790.7681
Slightly volatile
Dividend Paid And Capex Coverage Ratio18.8817.98497.0922
Slightly volatile
Net Income Per E B T0.740.90250.8789
Slightly volatile
Cash Ratio0.320.54790.3441
Slightly volatile
Cash Conversion Cycle72.9764.311990.0843
Slightly volatile
Operating Cash Flow Sales Ratio0.130.11910.0685
Pretty Stable
Days Of Inventory Outstanding11169.8032105
Slightly volatile
Days Of Sales Outstanding93.3484.5597102
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.630.94440.7791
Very volatile
Cash Flow Coverage Ratios0.480.4530.1728
Slightly volatile
Price To Book Ratio4.314.540224.986
Slightly volatile
Fixed Asset Turnover9.1814.46818.8785
Slightly volatile
Capital Expenditure Coverage Ratio18.8817.98497.0922
Slightly volatile
Price Cash Flow Ratio7.988.400729.4709
Pretty Stable
Enterprise Value Multiple18.2512.546618.4411
Slightly volatile
Debt Ratio0.420.30320.4929
Slightly volatile
Cash Flow To Debt Ratio0.480.4530.1728
Slightly volatile
Price Sales Ratio1.471.00071.7007
Slightly volatile
Return On Assets0.06960.05970.0621
Very volatile
Asset Turnover0.931.15321.0395
Slightly volatile
Net Profit Margin0.06060.05180.0596
Slightly volatile
Gross Profit Margin0.270.39260.293
Slightly volatile
Price Fair Value4.314.540224.986
Slightly volatile
Return On Equity0.220.23480.8345
Slightly volatile

Planet Fundamental Market Drivers

Cash And Short Term Investments45.1 M

About Planet Image Financial Statements

Planet Image investors utilize fundamental indicators, such as revenue or net income, to predict how Planet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue484 K605.4 K
Total Revenue150.2 M155.8 M
Cost Of Revenue91.3 M97.7 M
Sales General And Administrative To Revenue 0.06  0.04 
Research And Ddevelopement To Revenue 0.04  0.03 
Capex To Revenue 0.01  0.01 
Revenue Per Share 2.79  1.76 
Ebit Per Revenue 0.08  0.08 

Pair Trading with Planet Image

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Planet Image position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Planet Image will appreciate offsetting losses from the drop in the long position's value.

Moving against Planet Stock

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The ability to find closely correlated positions to Planet Image could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Image when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Planet Image - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Planet Image International to buy it.
The correlation of Planet Image is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Planet Image moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Image Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Planet Image can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Planet Image Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Planet Image's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Planet Image International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Planet Image International Stock:
Check out the analysis of Planet Image Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Commercial Services & Supplies 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 Image. 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 Image 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
(0.13)
Earnings Share
0.15
Revenue Per Share
3.249
Quarterly Revenue Growth
0.041
Return On Assets
0.0429
The market value of Planet Image Interna 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 Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image'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 Image's market value can be influenced by many factors that don't directly affect Planet Image'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 Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image'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.