Phoslock Cash vs Property Plant And Equipment Net Analysis

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Phoslock Environmental financial indicator trend analysis is much more than just breaking down Phoslock Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoslock Environmental is a good investment. Please check the relationship between Phoslock Environmental Cash and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoslock Environmental Technologies. 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.

Cash vs Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoslock Environmental Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Phoslock Environmental's Cash and Property Plant And Equipment Net is -0.18. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Phoslock Environmental Technologies, assuming nothing else is changed. The correlation between historical values of Phoslock Environmental's Cash and Property Plant And Equipment Net 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 Phoslock Environmental Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Phoslock Environmental's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Phoslock Environmental, which is listed under current asset account on Phoslock Environmental Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Phoslock Environmental customers. The amounts must be unrestricted with restricted cash listed in a different Phoslock Environmental 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Phoslock Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoslock 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 Phoslock Environmental Technologies. 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.

Selling General Administrative is likely to drop to about 3.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 18.4 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	61K	10K	25K	23.8K
Depreciation And Amortization	163K	70K	102K	96.9K

Interest Expense Depreciation And Amortization

Phoslock Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		-0.09	0.65	0.69	0.93	0.27	0.15	-0.39	-0.91	-0.34	0.75	0.83	0.13	-0.62	0.65	0.83	0.64	0.58	0.59	0.25	0.47	0.91	0.77	-0.14	0.69	0.2
Short Long Term Debt Total	-0.09		0.16	0.25	-0.08	0.08	-0.36	0.51	-0.01	0.05	-0.22	0.21	-0.32	0.2	-0.42	0.21	-0.35	-0.17	-0.15	-0.24	0.1	0.02	-0.24	0.22	0.21	-0.45
Other Current Liab	0.65	0.16		0.26	0.56	0.54	-0.2	-0.23	-0.79	-0.61	0.2	0.78	-0.18	-0.59	0.61	0.78	0.14	0.66	0.65	0.44	0.6	0.82	0.38	-0.03	0.49	-0.14
Total Current Liabilities	0.69	0.25	0.26		0.53	-0.12	-0.05	0.09	-0.47	-0.06	0.85	0.51	-0.06	-0.27	0.42	0.51	0.64	0.21	0.33	-0.09	0.43	0.51	0.72	-0.41	0.87	-0.09
Total Stockholder Equity	0.93	-0.08	0.56	0.53		0.34	0.18	-0.42	-0.92	-0.36	0.55	0.83	0.14	-0.59	0.41	0.83	0.52	0.59	0.56	0.32	0.16	0.87	0.65	0.19	0.42	0.24
Other Liab	0.27	0.08	0.54	-0.12	0.34		-0.41	-0.27	-0.59	-0.78	-0.2	0.62	-0.41	-0.67	0.2	0.62	-0.34	0.75	0.63	0.74	0.11	0.52	0.19	0.24	0.01	-0.27
Property Plant And Equipment Net	0.15	-0.36	-0.2	-0.05	0.18	-0.41		-0.67	0.1	0.61	0.2	-0.18	0.99	0.09	0.06	-0.18	0.22	-0.39	-0.45	-0.39	-0.05	-0.15	0.05	-0.07	-0.08	0.98
Current Deferred Revenue	-0.39	0.51	-0.23	0.09	-0.42	-0.27	-0.67		0.34	0.15	-0.15	-0.24	-0.65	0.49	-0.41	-0.25	-0.08	-0.34	-0.22	-0.28	-0.05	-0.26	-0.31	0.01	0.02	-0.79
Net Debt	-0.91	-0.01	-0.79	-0.47	-0.92	-0.59	0.1	0.34		0.62	-0.45	-0.94	0.12	0.71	-0.54	-0.94	-0.36	-0.79	-0.75	-0.5	-0.36	-0.97	-0.62	-0.12	-0.49	0.02
Retained Earnings	-0.34	0.05	-0.61	-0.06	-0.36	-0.78	0.61	0.15	0.62		0.03	-0.59	0.63	0.58	-0.41	-0.59	0.07	-0.94	-0.92	-0.83	-0.13	-0.61	-0.33	-0.16	-0.13	0.46
Accounts Payable	0.75	-0.22	0.2	0.85	0.55	-0.2	0.2	-0.15	-0.45	0.03		0.42	0.19	-0.34	0.64	0.42	0.8	0.17	0.27	-0.08	0.53	0.52	0.83	-0.62	0.82	0.17
Cash	0.83	0.21	0.78	0.51	0.83	0.62	-0.18	-0.24	-0.94	-0.59	0.42		-0.18	-0.64	0.41	1.0	0.16	0.7	0.65	0.49	0.41	0.93	0.68	0.03	0.55	-0.11
Non Current Assets Total	0.13	-0.32	-0.18	-0.06	0.14	-0.41	0.99	-0.65	0.12	0.63	0.19	-0.18		0.09	0.06	-0.18	0.18	-0.43	-0.49	-0.41	0.0	-0.16	0.04	-0.12	-0.05	0.97
Non Currrent Assets Other	-0.62	0.2	-0.59	-0.27	-0.59	-0.67	0.09	0.49	0.71	0.58	-0.34	-0.64	0.09		-0.6	-0.64	-0.24	-0.69	-0.62	-0.55	-0.33	-0.65	-0.5	0.09	-0.36	-0.03
Other Assets	0.65	-0.42	0.61	0.42	0.41	0.2	0.06	-0.41	-0.54	-0.41	0.64	0.41	0.06	-0.6		0.41	0.62	0.54	0.61	0.29	0.72	0.62	0.59	-0.55	0.66	0.12
Cash And Short Term Investments	0.83	0.21	0.78	0.51	0.83	0.62	-0.18	-0.25	-0.94	-0.59	0.42	1.0	-0.18	-0.64	0.41		0.16	0.71	0.65	0.49	0.41	0.93	0.68	0.03	0.55	-0.11
Net Receivables	0.64	-0.35	0.14	0.64	0.52	-0.34	0.22	-0.08	-0.36	0.07	0.8	0.16	0.18	-0.24	0.62	0.16		0.14	0.28	-0.18	0.31	0.42	0.46	-0.28	0.55	0.19
Common Stock Total Equity	0.58	-0.17	0.66	0.21	0.59	0.75	-0.39	-0.34	-0.79	-0.94	0.17	0.7	-0.43	-0.69	0.54	0.71	0.14		0.97	0.76	0.17	0.74	0.49	0.13	0.25	-0.23
Common Stock Shares Outstanding	0.59	-0.15	0.65	0.33	0.56	0.63	-0.45	-0.22	-0.75	-0.92	0.27	0.65	-0.49	-0.62	0.61	0.65	0.28	0.97		0.71	0.23	0.73	0.52	0.05	0.36	-0.31
Short Term Investments	0.25	-0.24	0.44	-0.09	0.32	0.74	-0.39	-0.28	-0.5	-0.83	-0.08	0.49	-0.41	-0.55	0.29	0.49	-0.18	0.76	0.71		-0.09	0.48	0.38	0.17	-0.09	-0.21
Non Current Liabilities Total	0.47	0.1	0.6	0.43	0.16	0.11	-0.05	-0.05	-0.36	-0.13	0.53	0.41	0.0	-0.33	0.72	0.41	0.31	0.17	0.23	-0.09		0.5	0.4	-0.7	0.81	-0.09
Inventory	0.91	0.02	0.82	0.51	0.87	0.52	-0.15	-0.26	-0.97	-0.61	0.52	0.93	-0.16	-0.65	0.62	0.93	0.42	0.74	0.73	0.48	0.5		0.66	-0.01	0.59	-0.08
Other Current Assets	0.77	-0.24	0.38	0.72	0.65	0.19	0.05	-0.31	-0.62	-0.33	0.83	0.68	0.04	-0.5	0.59	0.68	0.46	0.49	0.52	0.38	0.4	0.66		-0.5	0.69	0.11
Other Stockholder Equity	-0.14	0.22	-0.03	-0.41	0.19	0.24	-0.07	0.01	-0.12	-0.16	-0.62	0.03	-0.12	0.09	-0.55	0.03	-0.28	0.13	0.05	0.17	-0.7	-0.01	-0.5		-0.66	-0.03
Total Liab	0.69	0.21	0.49	0.87	0.42	0.01	-0.08	0.02	-0.49	-0.13	0.82	0.55	-0.05	-0.36	0.66	0.55	0.55	0.25	0.36	-0.09	0.81	0.59	0.69	-0.66		-0.11
Property Plant And Equipment Gross	0.2	-0.45	-0.14	-0.09	0.24	-0.27	0.98	-0.79	0.02	0.46	0.17	-0.11	0.97	-0.03	0.12	-0.11	0.19	-0.23	-0.31	-0.21	-0.09	-0.08	0.11	-0.03	-0.11

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Phoslock Environmental Account Relationship Matchups

Phoslock Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.1M	38.0M	30.4M	18.1M	14.4M	13.2M
Other Current Liab	274.6K	2.0M	1.6M	849K	1.3M	664.1K
Total Current Liabilities	7.7M	5.3M	3.8M	2.8M	2.2M	2.6M
Total Stockholder Equity	29.9M	29.5M	25.8M	14.6M	12.2M	9.5M
Other Liab	42.0K	40.8K	19K	207K	186.3K	195.6K
Retained Earnings	(33.7M)	(64.0M)	(67.7M)	(78.9M)	(80.9M)	(76.9M)
Accounts Payable	6.4M	2.3M	1.7M	1.5M	517K	491.2K
Cash	15.0M	30.4M	23.0M	14.5M	10.6M	5.5M
Cash And Short Term Investments	15.0M	30.5M	23.0M	14.6M	10.7M	5.5M
Net Receivables	17.1M	2.7M	2.8M	681K	1.5M	3.0M
Common Stock Shares Outstanding	531.3M	508.9M	604.5M	624.4M	718.0M	754.0M
Liabilities And Stockholders Equity	38.1M	38.0M	30.4M	18.1M	14.4M	13.2M
Inventory	2.3M	4.0M	3.3M	2.4M	1.8M	1.3M
Other Current Assets	972.6K	424K	629K	433K	419K	218.4K
Other Stockholder Equity	(4.5M)	985K	1.1M	1.1M	1.3M	1.4M
Total Liab	8.1M	8.6M	4.6M	3.5M	2.2M	3.2M
Total Current Assets	35.4M	37.6M	29.8M	18.1M	14.4M	10.1M
Short Term Debt	352.4K	544K	520K	491K	342K	324.9K
Common Stock	59.9M	63.4M	92.5M	92.4M	106.3M	111.6M
Property Plant Equipment	1.5M	1.5M	2.3M	238K	337K	0.0
Net Tangible Assets	25.6M	29.3M	25.6M	14.6M	16.8M	18.7M
Long Term Debt Total	325.0K	3.3M	772K	464K	533.6K	762.6K

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