Perma Good Will vs Retained Earnings Analysis

PESI Stock  USD 14.42  0.39  2.63%   
Perma Fix financial indicator trend analysis is much more than just breaking down Perma Fix Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perma Fix Environmental is a good investment. Please check the relationship between Perma Fix Good Will and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Fix Environmental Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perma Fix Environmental Good Will account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Perma Fix's Good Will and Retained Earnings is 0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Perma Fix Environmental Svcs, assuming nothing else is changed. The correlation between historical values of Perma Fix's Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Perma Fix Environmental Svcs are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Perma Fix's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Perma Fix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perma Fix Environmental 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Fix Environmental Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Perma Fix's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit6.8M9.6M16.4M16.2M
Total Revenue72.2M70.6M89.7M70.3M

Perma Fix fundamental ratios Correlations

0.630.820.990.970.340.260.570.640.970.640.80.480.520.960.840.20.4-0.370.920.560.640.140.580.470.7
0.630.30.610.570.830.270.030.230.690.230.320.170.220.610.350.76-0.3-0.490.840.210.77-0.170.13-0.080.31
0.820.30.740.82-0.01-0.110.860.720.690.720.960.680.710.920.950.010.53-0.130.610.640.390.230.440.50.41
0.990.610.740.950.350.370.50.590.980.590.720.390.430.90.780.160.4-0.390.90.530.630.120.640.480.78
0.970.570.820.950.270.180.560.650.950.650.790.460.520.940.810.120.44-0.260.890.490.540.280.490.540.61
0.340.83-0.010.350.270.21-0.3-0.280.47-0.28-0.030.10.140.3-0.040.7-0.36-0.530.59-0.070.61-0.53-0.13-0.370.14
0.260.27-0.110.370.180.21-0.150.210.320.21-0.08-0.65-0.640.060.080.020.08-0.560.270.010.31-0.20.36-0.040.78
0.570.030.860.50.56-0.3-0.150.690.390.690.890.570.570.660.88-0.080.380.170.290.690.090.290.460.580.26
0.640.230.720.590.65-0.280.210.690.51.00.740.170.190.670.830.020.33-0.050.490.510.340.590.440.570.47
0.970.690.690.980.950.470.320.390.50.50.650.410.460.90.70.230.35-0.410.950.430.660.080.550.380.72
0.640.230.720.590.65-0.280.210.691.00.50.740.170.190.670.830.020.33-0.050.490.510.340.590.440.570.47
0.80.320.960.720.79-0.03-0.080.890.740.650.740.620.640.880.960.060.43-0.090.60.660.380.20.490.510.42
0.480.170.680.390.460.1-0.650.570.170.410.170.620.990.60.540.130.220.190.350.490.20.140.180.4-0.12
0.520.220.710.430.520.14-0.640.570.190.460.190.640.990.650.560.140.230.150.410.470.240.140.190.38-0.1
0.960.610.920.90.940.30.060.660.670.90.670.880.60.650.890.220.41-0.30.880.570.630.160.460.420.53
0.840.350.950.780.81-0.040.080.880.830.70.830.960.540.560.890.060.45-0.180.630.730.470.270.530.580.52
0.20.760.010.160.120.70.02-0.080.020.230.020.060.130.140.220.06-0.78-0.180.40.150.52-0.19-0.16-0.2-0.1
0.4-0.30.530.40.44-0.360.080.380.330.350.330.430.220.230.410.45-0.78-0.170.190.16-0.020.130.370.30.46
-0.37-0.49-0.13-0.39-0.26-0.53-0.560.17-0.05-0.41-0.05-0.090.190.15-0.3-0.18-0.18-0.17-0.45-0.22-0.760.56-0.240.32-0.55
0.920.840.610.90.890.590.270.290.490.950.490.60.350.410.880.630.40.19-0.450.360.770.050.390.230.58
0.560.210.640.530.49-0.070.010.690.510.430.510.660.490.470.570.730.150.16-0.220.360.510.140.520.550.33
0.640.770.390.630.540.610.310.090.340.660.340.380.20.240.630.470.52-0.02-0.760.770.51-0.220.27-0.010.46
0.14-0.170.230.120.28-0.53-0.20.290.590.080.590.20.140.140.160.27-0.190.130.560.050.14-0.220.040.72-0.09
0.580.130.440.640.49-0.130.360.460.440.550.440.490.180.190.460.53-0.160.37-0.240.390.520.270.040.380.75
0.47-0.080.50.480.54-0.37-0.040.580.570.380.570.510.40.380.420.58-0.20.30.320.230.55-0.010.720.380.25
0.70.310.410.780.610.140.780.260.470.720.470.42-0.12-0.10.530.52-0.10.46-0.550.580.330.46-0.090.750.25
Click cells to compare fundamentals

Perma Fix Account Relationship Matchups

Perma Fix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets66.5M78.9M77.3M70.9M78.7M85.0M
Short Long Term Debt Total7.4M6.7M993K1.0M5.9M9.5M
Total Current Liabilities25.1M33.0M25.9M22.7M25.9M23.3M
Total Stockholder Equity30.9M34.2M40.6M37.5M39.4M42.7M
Property Plant And Equipment Net19.1M20.1M21.1M20.9M21.0M29.8M
Net Debt7.0M(1.2M)(3.4M)(827K)(1.6M)(1.6M)
Retained Earnings(77.3M)(74.5M)(73.6M)(77.4M)(77.0M)(73.1M)
Accounts Payable9.3M15.4M12.0M10.3M9.6M7.0M
Cash390K7.9M4.4M1.9M7.5M7.9M
Non Current Assets Total41.4M42.3M47.3M47.4M48.2M61.1M
Cash And Short Term Investments390K7.9M4.4M1.9M7.5M7.9M
Net Receivables21.2M24.1M20.4M15.4M18.2M17.7M
Common Stock Shares Outstanding12.1M12.3M12.7M13.3M13.7M8.9M
Liabilities And Stockholders Equity66.5M78.9M77.3M70.9M78.7M85.0M
Other Stockholder Equity108.4M108.8M114.2M115.1M116.4M87.7M
Total Liab37.3M46.5M36.7M33.4M39.4M42.5M
Total Current Assets25.1M36.6M30.0M23.5M30.6M24.0M
Short Term Debt2.0M4.4M1.1M1.0M1.4M1.4M
Other Current Liab8.4M8.0M7.0M6.3M7.6M7.7M
Non Currrent Assets Other117K12.4M12.4M12.1M12.5M13.2M
Non Current Liabilities Total12.2M13.5M10.8M10.7M13.4M19.8M
Other Current Assets3.5M4.0M4.5M5.4M3.8M2.8M
Intangible Assets9.9M9.8M10.4M10.2M10.4M9.8M
Inventory104K610K680K814K1.2M1.2M
Good Will17.0M12.3M12.3M16.1M14.5M11.4M
Property Plant And Equipment Gross19.1M20.1M50.0M47.8M51.7M37.2M
Accumulated Other Comprehensive Income(211K)(207K)(28K)(165K)(100K)(105K)
Other Liab7.4M6.8M7.6M7.3M6.6M8.2M
Other Assets12.4M12.4M15.9M1.01.151.09
Long Term Debt2.6M3.1M600K563K2.0M1.9M
Property Plant Equipment16.6M20.1M21.1M19.0M17.1M26.8M
Current Deferred Revenue5.5M4.6M5.6M4.8M6.8M4.8M
Net Tangible Assets21M24.4M30.2M27.3M24.6M23.1M
Noncontrolling Interest In Consolidated Entity(1.2M)(1.5M)(1.6M)(1.7M)(1.6M)(1.5M)
Retained Earnings Total Equity(79.6M)(77.3M)(74.5M)(77.4M)(69.7M)(73.2M)

Currently Active Assets on Macroaxis

When determining whether Perma Fix Environmental offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perma Fix'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 Perma Fix Environmental Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perma Fix Environmental Svcs Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Fix Environmental Svcs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Environmental & Facilities Services 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 Perma Fix. If investors know Perma 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 Perma Fix 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
(0.48)
Earnings Share
(1.05)
Revenue Per Share
5.207
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.07)
The market value of Perma Fix Environmental is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Fix's value that differs from its market value or its book value, called intrinsic value, which is Perma Fix'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 Perma Fix's market value can be influenced by many factors that don't directly affect Perma Fix'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 Perma Fix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Fix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Fix'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.