Plug Cash vs Short Term Debt Analysis

0R1J Stock

2.47 0.14 5.36%

Plug Power financial indicator trend analysis is much more than just breaking down Plug Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plug Power is a good investment. Please check the relationship between Plug Power Cash and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Plug Stock please use our How to Invest in Plug Power guide.

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Cash account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Plug Power's Cash and Short Term Debt is 0.54. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Plug Power, assuming nothing else is changed. The correlation between historical values of Plug Power's Cash and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Plug Power are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Plug Power's Cash and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Plug Power, which is listed under current asset account on Plug Power balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Plug Power customers. The amounts must be unrestricted with restricted cash listed in a different Plug Power account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Term Debt

Most indicators from Plug Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plug Power current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Plug Stock please use our How to Invest in Plug Power guide.Selling General Administrative is likely to gain to about 95.8 M in 2024, despite the fact that Tax Provision is likely to grow to (26.4 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	244.6M	463.5M	835.7M	877.5M
Cost Of Revenue	673.7M	895.8M	1.4B	1.5B

Total Operating Expenses Cost Of Revenue

Plug Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets	Current Deferred Revenue
Total Assets		0.85	0.88	0.99	0.84	-0.08	-0.88	0.86	0.64	0.91	0.7	0.83	0.95	0.23	0.95	0.94	0.93	0.7	0.96	0.84	0.93	0.66	0.94	-0.43	0.89	0.9
Other Current Liab	0.85		0.94	0.79	0.94	0.42	-0.92	0.96	0.15	0.96	0.28	0.92	0.85	0.19	0.92	0.65	0.83	0.46	0.87	0.96	0.97	0.46	0.82	-0.61	0.91	0.93
Total Current Liabilities	0.88	0.94		0.8	0.99	0.36	-0.98	0.99	0.25	0.99	0.29	0.99	0.91	0.23	0.97	0.66	0.9	0.34	0.91	0.99	0.98	0.62	0.89	-0.72	0.94	0.99
Total Stockholder Equity	0.99	0.79	0.8		0.75	-0.2	-0.81	0.78	0.71	0.85	0.79	0.75	0.91	0.21	0.89	0.97	0.87	0.75	0.92	0.76	0.87	0.6	0.9	-0.33	0.84	0.85
Property Plant And Equipment Net	0.84	0.94	0.99	0.75		0.44	-0.97	0.99	0.17	0.99	0.2	0.99	0.87	0.22	0.95	0.6	0.87	0.27	0.88	1.0	0.96	0.58	0.85	-0.76	0.93	0.97
Net Debt	-0.08	0.42	0.36	-0.2	0.44		-0.32	0.41	-0.79	0.31	-0.72	0.42	0.06	0.08	0.21	-0.4	0.1	-0.42	0.08	0.44	0.29	-0.03	0.03	-0.54	0.25	0.28
Retained Earnings	-0.88	-0.92	-0.98	-0.81	-0.97	-0.32		-0.98	-0.3	-0.98	-0.32	-0.97	-0.94	-0.2	-0.97	-0.68	-0.91	-0.37	-0.92	-0.97	-0.96	-0.67	-0.92	0.62	-0.9	-0.96
Accounts Payable	0.86	0.96	0.99	0.78	0.99	0.41	-0.98		0.19	0.99	0.25	0.98	0.91	0.23	0.96	0.63	0.88	0.34	0.9	0.99	0.98	0.59	0.88	-0.7	0.93	0.97
Cash	0.64	0.15	0.25	0.71	0.17	-0.79	-0.3	0.19		0.3	0.95	0.16	0.54	0.11	0.43	0.84	0.53	0.71	0.55	0.15	0.32	0.54	0.57	0.16	0.32	0.31
Non Current Assets Total	0.91	0.96	0.99	0.85	0.99	0.31	-0.98	0.99	0.3		0.35	0.98	0.93	0.24	0.98	0.72	0.92	0.42	0.94	0.99	0.99	0.61	0.91	-0.68	0.95	0.99
Cash And Short Term Investments	0.7	0.28	0.29	0.79	0.2	-0.72	-0.32	0.25	0.95	0.35		0.19	0.57	0.13	0.46	0.91	0.54	0.87	0.58	0.2	0.41	0.46	0.58	0.21	0.37	0.35
Net Receivables	0.83	0.92	0.99	0.75	0.99	0.42	-0.97	0.98	0.16	0.98	0.19		0.86	0.19	0.93	0.59	0.84	0.23	0.86	0.99	0.95	0.54	0.83	-0.78	0.93	0.98
Common Stock Shares Outstanding	0.95	0.85	0.91	0.91	0.87	0.06	-0.94	0.91	0.54	0.93	0.57	0.86		0.19	0.96	0.84	0.95	0.6	0.96	0.87	0.94	0.77	0.99	-0.44	0.87	0.9
Other Stockholder Equity	0.23	0.19	0.23	0.21	0.22	0.08	-0.2	0.23	0.11	0.24	0.13	0.19	0.19		0.26	0.19	0.29	0.19	0.27	0.2	0.24	0.34	0.2	-0.15	0.21	0.22
Total Liab	0.95	0.92	0.97	0.89	0.95	0.21	-0.97	0.96	0.43	0.98	0.46	0.93	0.96	0.26		0.79	0.97	0.52	0.98	0.94	0.98	0.73	0.96	-0.59	0.92	0.96
Total Current Assets	0.94	0.65	0.66	0.97	0.6	-0.4	-0.68	0.63	0.84	0.72	0.91	0.59	0.84	0.19	0.79		0.81	0.83	0.85	0.6	0.75	0.61	0.84	-0.15	0.71	0.71
Short Long Term Debt Total	0.93	0.83	0.9	0.87	0.87	0.1	-0.91	0.88	0.53	0.92	0.54	0.84	0.95	0.29	0.97	0.81		0.6	0.99	0.85	0.93	0.83	0.97	-0.48	0.84	0.87
Non Currrent Assets Other	0.7	0.46	0.34	0.75	0.27	-0.42	-0.37	0.34	0.71	0.42	0.87	0.23	0.6	0.19	0.52	0.83	0.6		0.64	0.29	0.51	0.47	0.62	0.25	0.4	0.36
Non Current Liabilities Total	0.96	0.87	0.91	0.92	0.88	0.08	-0.92	0.9	0.55	0.94	0.58	0.86	0.96	0.27	0.98	0.85	0.99	0.64		0.87	0.95	0.78	0.98	-0.47	0.87	0.9
Inventory	0.84	0.96	0.99	0.76	1.0	0.44	-0.97	0.99	0.15	0.99	0.2	0.99	0.87	0.2	0.94	0.6	0.85	0.29	0.87		0.97	0.52	0.84	-0.75	0.94	0.98
Other Current Assets	0.93	0.97	0.98	0.87	0.96	0.29	-0.96	0.98	0.32	0.99	0.41	0.95	0.94	0.24	0.98	0.75	0.93	0.51	0.95	0.97		0.61	0.92	-0.61	0.94	0.97
Short Term Debt	0.66	0.46	0.62	0.6	0.58	-0.03	-0.67	0.59	0.54	0.61	0.46	0.54	0.77	0.34	0.73	0.61	0.83	0.47	0.78	0.52	0.61		0.82	-0.21	0.52	0.55
Common Stock	0.94	0.82	0.89	0.9	0.85	0.03	-0.92	0.88	0.57	0.91	0.58	0.83	0.99	0.2	0.96	0.84	0.97	0.62	0.98	0.84	0.92	0.82		-0.42	0.84	0.87
Short Term Investments	-0.43	-0.61	-0.72	-0.33	-0.76	-0.54	0.62	-0.7	0.16	-0.68	0.21	-0.78	-0.44	-0.15	-0.59	-0.15	-0.48	0.25	-0.47	-0.75	-0.61	-0.21	-0.42		-0.65	-0.72
Intangible Assets	0.89	0.91	0.94	0.84	0.93	0.25	-0.9	0.93	0.32	0.95	0.37	0.93	0.87	0.21	0.92	0.71	0.84	0.4	0.87	0.94	0.94	0.52	0.84	-0.65		0.96
Current Deferred Revenue	0.9	0.93	0.99	0.85	0.97	0.28	-0.96	0.97	0.31	0.99	0.35	0.98	0.9	0.22	0.96	0.71	0.87	0.36	0.9	0.98	0.97	0.55	0.87	-0.72	0.96

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Plug Power Account Relationship Matchups

Plug Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	771.2M	2.4B	6.0B	5.8B	4.9B	5.1B
Other Current Liab	53.3M	39.2M	108.4M	458.4M	399.7M	419.7M
Total Current Liabilities	150.8M	236.0M	420.6M	635.3M	964.8M	1.0B
Total Stockholder Equity	134.7M	1.5B	4.6B	4.1B	2.9B	3.0B
Property Plant And Equipment Net	259.7M	436.3M	573.6M	1.2B	2.0B	2.1B
Net Debt	397.7M	(597.3M)	(1.7B)	208.1M	833.8M	875.5M
Retained Earnings	(1.3B)	(1.9B)	(2.4B)	(3.1B)	(4.5B)	(4.3B)
Accounts Payable	39.8M	58.8M	92.3M	191.9M	257.8M	270.7M
Cash	139.5M	1.3B	2.5B	690.6M	135.0M	241.0M
Non Current Assets Total	457.8M	813.2M	1.5B	2.5B	3.1B	3.3B
Cash And Short Term Investments	139.5M	1.3B	3.9B	2.2B	135.0M	128.3M
Net Receivables	45.8M	42.8M	131.3M	191.9M	370.1M	388.6M
Common Stock Shares Outstanding	237.2M	354.8M	558.2M	579.7M	595.5M	625.2M
Liabilities And Stockholders Equity	771.2M	2.4B	6.0B	5.8B	4.9B	5.1B
Other Stockholder Equity	1.8B	2.5B	7.0B	7.2B	7.4B	7.8B
Total Liab	636.5M	910.1M	1.3B	1.7B	2.0B	2.1B
Total Current Assets	313.3M	1.6B	4.4B	3.3B	1.8B	1.9B
Short Long Term Debt Total	537.2M	715.1M	810.1M	898.7M	968.9M	1.0B
Non Currrent Assets Other	183.8M	265.7M	536.3M	748.3M	40.9M	38.8M
Non Current Liabilities Total	485.7M	674.1M	923.8M	1.1B	1.0B	1.1B
Inventory	72.4M	139.4M	269.2M	645.6M	961.3M	1.0B
Other Current Assets	82.1M	72.3M	178.5M	309.3M	320.6M	336.7M
Short Term Debt	81.9M	117.2M	92.8M	65.7M	85.9M	90.2M
Common Stock	3.2M	4.7M	5.9M	6.1M	6.3M	6.6M
Intangible Assets	5.5M	38.9M	158.2M	207.7M	188.9M	368.4M
Current Deferred Revenue	11.7M	23.3M	116.4M	131.8M	204.1M	214.3M
Good Will	8.8M	72.4M	220.4M	248.6M	223.7M	212.6M
Accumulated Other Comprehensive Income	1.4M	2.6M	(1.5M)	(26.0M)	(6.8M)	(6.5M)
Other Assets	251.5M	338.2M	609.4M	837.6M	963.2M	1.0B
Long Term Debt	13.4M	63.4M	196.1M	235.7M	271.0M	284.6M
Capital Surpluse	1.3B	1.3B	1.5B	3.4B	4.0B	4.2B
Treasury Stock	(3.1M)	(30.6M)	(31.2M)	(40.4M)	(36.4M)	(34.6M)
Property Plant Equipment	79.9M	197.3M	500.7M	1.1B	1.3B	1.4B
Other Liab	26.0M	73.4M	206.5M	291.1M	334.8M	351.5M
Net Tangible Assets	115.5M	1.4B	4.2B	3.6B	4.1B	4.4B

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Plug Cash vs Short Term Debt Analysis

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

Correlation Coefficient

Cash

Short Term Debt

Plug Power fundamental ratios Correlations

Plug Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plug Power fundamental ratios Accounts

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COMMON DESTINATIONS

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Inventory	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.99	Total Current Liabilities

Non Current Assets Total	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Current Liabilities
Inventory	- 0.97	Retained Earnings
Total Liab	- 0.97	Retained Earnings
Net Receivables	- 0.97	Retained Earnings