Park Cash vs Property Plant And Equipment Net Analysis
PKE Stock | USD 15.11 0.08 0.53% |
Park Electrochemical financial indicator trend analysis is much more than just breaking down Park Electrochemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Electrochemical is a good investment. Please check the relationship between Park Electrochemical 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 Park Electrochemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.
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 Park Electrochemical 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 Park Electrochemical's Cash and Property Plant And Equipment Net is -0.07. 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 Park Electrochemical, assuming nothing else is changed. The correlation between historical values of Park Electrochemical'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 Park Electrochemical 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., Park Electrochemical's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Park Electrochemical, which is listed under current asset account on Park Electrochemical balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Park Electrochemical customers. The amounts must be unrestricted with restricted cash listed in a different Park Electrochemical 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 Park Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Electrochemical 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 Park Electrochemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.At present, Park Electrochemical's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 153.7 M, whereas Discontinued Operations is projected to grow to (358.3 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.9M | 16.5M | 16.5M | 15.7M | Total Revenue | 53.6M | 54.1M | 56.0M | 53.2M |
Park Electrochemical fundamental ratios Correlations
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Park Electrochemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Park Electrochemical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 171.8M | 163.5M | 160.9M | 159.3M | 132.3M | 125.7M | |
Other Current Liab | 3.8M | 1.7M | 1.4M | 21.8M | 1.9M | 1.8M | |
Total Current Liabilities | 8.7M | 8.0M | 6.3M | 28.6M | 9.7M | 9.2M | |
Total Stockholder Equity | 141.7M | 135.9M | 135.6M | 115.9M | 112.9M | 190.1M | |
Property Plant And Equipment Net | 16.5M | 21.2M | 24.5M | 24.4M | 23.6M | 41.9M | |
Net Debt | (121.9M) | (116.4M) | (110.1M) | (105.3M) | (6.4M) | (6.8M) | |
Retained Earnings | (21.8M) | (25.1M) | (24.8M) | (42.7M) | (45.4M) | (43.1M) | |
Cash | 122.4M | 116.5M | 110.4M | 105.4M | 6.6M | 6.2M | |
Non Current Assets Total | 26.6M | 31.2M | 34.4M | 34.3M | 33.5M | 48.1M | |
Non Currrent Assets Other | 268K | 141K | 122K | (1.9M) | 94K | 89.3K | |
Cash And Short Term Investments | 122.4M | 116.5M | 110.4M | 105.4M | 77.2M | 146.5M | |
Net Receivables | 10.9M | 7.6M | 8.3M | 10.0M | 12.4M | 24.6M | |
Common Stock Shares Outstanding | 20.6M | 20.5M | 20.6M | 20.5M | 20.4M | 20.4M | |
Liabilities And Stockholders Equity | 171.8M | 163.5M | 160.9M | 159.3M | 132.3M | 125.7M | |
Non Current Liabilities Total | 21.4M | 19.6M | 19.0M | 14.8M | 9.7M | 9.3M | |
Inventory | 6.4M | 4.8M | 4.7M | 6.8M | 6.4M | 11.3M | |
Other Current Assets | 5.5M | 6.7M | 6.2M | 2.8M | 2.8M | 2.7M | |
Other Stockholder Equity | 160.7M | 159.2M | 160.3M | 160.8M | 158.5M | 122.4M | |
Total Liab | 30.1M | 27.6M | 25.3M | 43.4M | 19.4M | 18.4M | |
Property Plant And Equipment Gross | 16.5M | 21.2M | 24.5M | 24.4M | 49.4M | 42.4M | |
Total Current Assets | 145.2M | 132.3M | 126.4M | 125.0M | 98.8M | 93.9M | |
Accumulated Other Comprehensive Income | 668K | (336K) | (2.0M) | (4.2M) | (2.3M) | (2.4M) | |
Accounts Payable | 4.7M | 3.3M | 2.5M | 4.5M | 3.5M | 3.3M | |
Short Term Investments | 116.9M | 74.9M | 97.6M | 101.2M | 70.6M | 103.6M | |
Other Liab | 18.7M | 21.1M | 19.5M | 18.8M | 21.6M | 16.7M | |
Other Assets | 268K | 141K | 122K | 108K | 124.2K | 118.0K | |
Treasury Stock | (14.9M) | (9.9M) | (9.2M) | (10.8M) | (12.4M) | (13.0M) | |
Property Plant Equipment | 16.1M | 21.2M | 24.5M | 24.4M | 22.0M | 40.9M | |
Intangible Assets | 28K | 21K | 14K | 7K | 6.3K | 6.0K | |
Net Tangible Assets | 149.2M | 141.7M | 126.1M | 125.8M | 113.3M | 146.9M | |
Capital Surpluse | 169.9M | 170.0M | 169.7M | 169.9M | 195.4M | 183.3M | |
Non Current Liabilities Other | 20.6M | 4.4M | 4.5M | 1.8M | 1.2M | 1.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Park Electrochemical is a strong investment it is important to analyze Park Electrochemical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Park Electrochemical's future performance. For an informed investment choice regarding Park Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Aerospace & Defense 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 Park Electrochemical. If investors know Park 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 Park Electrochemical 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 0.16 | Dividend Share 0.5 | Earnings Share 0.34 | Revenue Per Share 2.898 | Quarterly Revenue Growth 0.339 |
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.