Phoslock Common Stock Total Equity vs Cash And Short Term Investments Analysis

PET Stock

0.03 0.00 0.00%

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 Common Stock Total Equity and its Cash And Short Term Investments 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.

Common Stock Total Equity vs Cash And Short Term Investments

Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoslock Environmental Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Phoslock Environmental's Common Stock Total Equity and Cash And Short Term Investments is 0.71. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments 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 Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Phoslock Environmental Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Phoslock Environmental's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Phoslock Environmental balance sheet. This account contains Phoslock Environmental investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Phoslock Environmental Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Phoslock Stock Analysis

When running Phoslock Environmental's price analysis, check to measure Phoslock Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phoslock Environmental is operating at the current time. Most of Phoslock Environmental's value examination focuses on studying past and present price action to predict the probability of Phoslock Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoslock Environmental's price. Additionally, you may evaluate how the addition of Phoslock Environmental to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC