Planet Green Holdings Stock Cash And Equivalents
| PLAG Stock | USD 3.50 0.22 6.71% |
Planet Green Holdings fundamentals help investors to digest information that contributes to Planet Green's financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Green's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Green stock.
Planet | Cash And Equivalents |
Planet Green Holdings Company Cash And Equivalents Analysis
Planet Green's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Planet Green Cash And Equivalents | 299.65 K |
Most of Planet Green's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Green Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Planet Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Planet Green is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Planet Green's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Planet Green's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Planet Green's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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Planet Cash And Cash Equivalents Changes
Cash And Cash Equivalents Changes |
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In accordance with the recently published financial statements, Planet Green Holdings has 299.65 K in Cash And Equivalents. This is 99.98% lower than that of the Food Products sector and 99.95% lower than that of the Consumer Staples industry. The cash and equivalents for all United States stocks is 99.99% higher than that of the company.
Planet Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Green's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Green could also be used in its relative valuation, which is a method of valuing Planet Green by comparing valuation metrics of similar companies.Planet Green is currently under evaluation in cash and equivalents category among its peers.
Planet Green Current Valuation Drivers
We derive many important indicators used in calculating different scores of Planet Green from analyzing Planet Green's financial statements. These drivers represent accounts that assess Planet Green's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Planet Green's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 18.9M | 22.6M | 25.3M | 36.9M | 35.2M | 33.5M | |
| Enterprise Value | 12.0M | 19.2M | 31.8M | 40.7M | 38.6M | 36.7M |
Planet Green ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Planet Green's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Planet Green's managers, analysts, and investors.Environmental | Governance | Social |
Planet Fundamentals
| Return On Equity | -0.49 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.63) % | ||||
| Current Valuation | 31.25 M | ||||
| Shares Outstanding | 7.28 M | ||||
| Shares Owned By Insiders | 42.48 % | ||||
| Shares Owned By Institutions | 0.48 % | ||||
| Number Of Shares Shorted | 7.94 K | ||||
| Price To Earning | 5.99 X | ||||
| Price To Book | 1.64 X | ||||
| Price To Sales | 1.46 X | ||||
| Revenue | 27.12 M | ||||
| Gross Profit | 3.85 M | ||||
| EBITDA | (6.56 M) | ||||
| Net Income | (20.84 M) | ||||
| Cash And Equivalents | 299.65 K | ||||
| Total Debt | 3.81 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 0.77 X | ||||
| Book Value Per Share | 2.70 X | ||||
| Cash Flow From Operations | (5.28 M) | ||||
| Short Ratio | 0.33 X | ||||
| Earnings Per Share | (1.45) X | ||||
| Number Of Employees | 143 | ||||
| Beta | -0.56 | ||||
| Market Capitalization | 25.49 M | ||||
| Total Asset | 42.63 M | ||||
| Retained Earnings | (140.72 M) | ||||
| Working Capital | (5.74 M) | ||||
| Current Asset | 82.76 M | ||||
| Current Liabilities | 50.68 M | ||||
| Net Asset | 42.63 M |
About Planet Green Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Planet Green Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Green Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Planet Green Piotroski F Score and Planet Green Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.