Plug Other Current Liab vs Other Stockholder Equity 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 Other Current Liab and its Other Stockholder Equity 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.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Plug Power's Other Current Liab and Other Stockholder Equity is 0.19. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity 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 Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Plug Power are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Plug Power's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Other Stockholder Equity

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 Expenses244.6M463.5M835.7M877.5M
Cost Of Revenue673.7M895.8M1.4B1.5B

Plug Power fundamental ratios Correlations

0.850.880.990.84-0.08-0.880.860.640.910.70.830.950.230.950.940.930.70.960.840.930.660.94-0.430.890.9
0.850.940.790.940.42-0.920.960.150.960.280.920.850.190.920.650.830.460.870.960.970.460.82-0.610.910.93
0.880.940.80.990.36-0.980.990.250.990.290.990.910.230.970.660.90.340.910.990.980.620.89-0.720.940.99
0.990.790.80.75-0.2-0.810.780.710.850.790.750.910.210.890.970.870.750.920.760.870.60.9-0.330.840.85
0.840.940.990.750.44-0.970.990.170.990.20.990.870.220.950.60.870.270.881.00.960.580.85-0.760.930.97
-0.080.420.36-0.20.44-0.320.41-0.790.31-0.720.420.060.080.21-0.40.1-0.420.080.440.29-0.030.03-0.540.250.28
-0.88-0.92-0.98-0.81-0.97-0.32-0.98-0.3-0.98-0.32-0.97-0.94-0.2-0.97-0.68-0.91-0.37-0.92-0.97-0.96-0.67-0.920.62-0.9-0.96
0.860.960.990.780.990.41-0.980.190.990.250.980.910.230.960.630.880.340.90.990.980.590.88-0.70.930.97
0.640.150.250.710.17-0.79-0.30.190.30.950.160.540.110.430.840.530.710.550.150.320.540.570.160.320.31
0.910.960.990.850.990.31-0.980.990.30.350.980.930.240.980.720.920.420.940.990.990.610.91-0.680.950.99
0.70.280.290.790.2-0.72-0.320.250.950.350.190.570.130.460.910.540.870.580.20.410.460.580.210.370.35
0.830.920.990.750.990.42-0.970.980.160.980.190.860.190.930.590.840.230.860.990.950.540.83-0.780.930.98
0.950.850.910.910.870.06-0.940.910.540.930.570.860.190.960.840.950.60.960.870.940.770.99-0.440.870.9
0.230.190.230.210.220.08-0.20.230.110.240.130.190.190.260.190.290.190.270.20.240.340.2-0.150.210.22
0.950.920.970.890.950.21-0.970.960.430.980.460.930.960.260.790.970.520.980.940.980.730.96-0.590.920.96
0.940.650.660.970.6-0.4-0.680.630.840.720.910.590.840.190.790.810.830.850.60.750.610.84-0.150.710.71
0.930.830.90.870.870.1-0.910.880.530.920.540.840.950.290.970.810.60.990.850.930.830.97-0.480.840.87
0.70.460.340.750.27-0.42-0.370.340.710.420.870.230.60.190.520.830.60.640.290.510.470.620.250.40.36
0.960.870.910.920.880.08-0.920.90.550.940.580.860.960.270.980.850.990.640.870.950.780.98-0.470.870.9
0.840.960.990.761.00.44-0.970.990.150.990.20.990.870.20.940.60.850.290.870.970.520.84-0.750.940.98
0.930.970.980.870.960.29-0.960.980.320.990.410.950.940.240.980.750.930.510.950.970.610.92-0.610.940.97
0.660.460.620.60.58-0.03-0.670.590.540.610.460.540.770.340.730.610.830.470.780.520.610.82-0.210.520.55
0.940.820.890.90.850.03-0.920.880.570.910.580.830.990.20.960.840.970.620.980.840.920.82-0.420.840.87
-0.43-0.61-0.72-0.33-0.76-0.540.62-0.70.16-0.680.21-0.78-0.44-0.15-0.59-0.15-0.480.25-0.47-0.75-0.61-0.21-0.42-0.65-0.72
0.890.910.940.840.930.25-0.90.930.320.950.370.930.870.210.920.710.840.40.870.940.940.520.84-0.650.96
0.90.930.990.850.970.28-0.960.970.310.990.350.980.90.220.960.710.870.360.90.980.970.550.87-0.720.96
Click cells to compare fundamentals

Plug Power Account Relationship Matchups

Plug Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets771.2M2.4B6.0B5.8B4.9B5.1B
Other Current Liab53.3M39.2M108.4M458.4M399.7M419.7M
Total Current Liabilities150.8M236.0M420.6M635.3M964.8M1.0B
Total Stockholder Equity134.7M1.5B4.6B4.1B2.9B3.0B
Property Plant And Equipment Net259.7M436.3M573.6M1.2B2.0B2.1B
Net Debt397.7M(597.3M)(1.7B)208.1M833.8M875.5M
Retained Earnings(1.3B)(1.9B)(2.4B)(3.1B)(4.5B)(4.3B)
Accounts Payable39.8M58.8M92.3M191.9M257.8M270.7M
Cash139.5M1.3B2.5B690.6M135.0M241.0M
Non Current Assets Total457.8M813.2M1.5B2.5B3.1B3.3B
Cash And Short Term Investments139.5M1.3B3.9B2.2B135.0M128.3M
Net Receivables45.8M42.8M131.3M191.9M370.1M388.6M
Common Stock Shares Outstanding237.2M354.8M558.2M579.7M595.5M625.2M
Liabilities And Stockholders Equity771.2M2.4B6.0B5.8B4.9B5.1B
Other Stockholder Equity1.8B2.5B7.0B7.2B7.4B7.8B
Total Liab636.5M910.1M1.3B1.7B2.0B2.1B
Total Current Assets313.3M1.6B4.4B3.3B1.8B1.9B
Short Long Term Debt Total537.2M715.1M810.1M898.7M968.9M1.0B
Non Currrent Assets Other183.8M265.7M536.3M748.3M40.9M38.8M
Non Current Liabilities Total485.7M674.1M923.8M1.1B1.0B1.1B
Inventory72.4M139.4M269.2M645.6M961.3M1.0B
Other Current Assets82.1M72.3M178.5M309.3M320.6M336.7M
Short Term Debt81.9M117.2M92.8M65.7M85.9M90.2M
Common Stock3.2M4.7M5.9M6.1M6.3M6.6M
Intangible Assets5.5M38.9M158.2M207.7M188.9M368.4M
Current Deferred Revenue11.7M23.3M116.4M131.8M204.1M214.3M
Good Will8.8M72.4M220.4M248.6M223.7M212.6M
Accumulated Other Comprehensive Income1.4M2.6M(1.5M)(26.0M)(6.8M)(6.5M)
Other Assets251.5M338.2M609.4M837.6M963.2M1.0B
Long Term Debt13.4M63.4M196.1M235.7M271.0M284.6M
Capital Surpluse1.3B1.3B1.5B3.4B4.0B4.2B
Treasury Stock(3.1M)(30.6M)(31.2M)(40.4M)(36.4M)(34.6M)
Property Plant Equipment79.9M197.3M500.7M1.1B1.3B1.4B
Other Liab26.0M73.4M206.5M291.1M334.8M351.5M
Net Tangible Assets115.5M1.4B4.2B3.6B4.1B4.4B

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