Planet Common Stock Shares Outstanding vs Long Term Debt Analysis

PLAG Stock  USD 3.45  0.17  5.18%   
Planet Green financial indicator trend analysis is much more than just breaking down Planet Green Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Planet Green Holdings is a good investment. Please check the relationship between Planet Green Common Stock Shares Outstanding and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Green Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock Shares Outstanding vs Long Term Debt

Common Stock Shares Outstanding vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Green Holdings Common Stock Shares Outstanding account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Planet Green's Common Stock Shares Outstanding and Long Term Debt is -0.28. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Planet Green Holdings, assuming nothing else is changed. The correlation between historical values of Planet Green's Common Stock Shares Outstanding and Long Term Debt 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 Shares Outstanding of Planet Green Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Planet Green's Common Stock Shares Outstanding and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Long Term Debt

Long-term debt is a debt that Planet Green Holdings has held for over one year. Long-term debt appears on Planet Green Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Planet Green Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Planet Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Planet Green Holdings 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 Planet Green Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Planet Green's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit3.8M4.4M1.4M1.4M
Total Revenue37.8M44.8M27.1M25.8M

Planet Green fundamental ratios Correlations

0.940.80.980.840.880.590.870.880.88-0.280.78-0.410.940.990.040.09-0.270.97-0.120.95-0.320.80.840.630.28
0.940.790.890.960.90.520.80.810.85-0.420.77-0.60.930.93-0.080.08-0.310.95-0.120.93-0.360.790.820.480.28
0.80.790.690.860.570.830.430.440.89-0.20.34-0.310.930.730.180.55-0.130.75-0.110.86-0.180.350.490.460.26
0.980.890.690.750.90.520.930.930.81-0.270.81-0.380.860.990.01-0.05-0.280.95-0.10.91-0.330.830.880.680.27
0.840.960.860.750.790.590.590.60.84-0.40.59-0.610.910.81-0.050.24-0.290.86-0.050.89-0.340.610.690.390.28
0.880.90.570.90.790.390.870.880.71-0.440.74-0.720.740.92-0.34-0.27-0.480.87-0.020.79-0.520.770.930.650.18
0.590.520.830.520.590.390.240.250.63-0.070.09-0.150.70.540.220.45-0.030.51-0.130.65-0.060.10.420.510.24
0.870.80.430.930.590.870.241.00.62-0.320.91-0.40.690.92-0.12-0.26-0.260.85-0.240.74-0.30.920.850.520.2
0.880.810.440.930.60.880.251.00.63-0.320.91-0.40.70.92-0.12-0.26-0.270.86-0.240.74-0.310.920.850.520.2
0.880.850.890.810.840.710.630.620.63-0.360.53-0.40.920.830.130.31-0.20.85-0.120.88-0.260.550.550.540.33
-0.28-0.42-0.2-0.27-0.4-0.44-0.07-0.32-0.32-0.36-0.290.48-0.27-0.340.150.250.06-0.350.48-0.20.08-0.28-0.31-0.240.05
0.780.770.340.810.590.740.090.910.910.53-0.29-0.280.660.810.02-0.18-0.10.83-0.220.71-0.130.990.740.280.19
-0.41-0.6-0.31-0.38-0.61-0.72-0.15-0.4-0.4-0.40.48-0.28-0.35-0.450.760.320.71-0.4-0.07-0.330.73-0.34-0.53-0.240.05
0.940.930.930.860.910.740.70.690.70.92-0.270.66-0.350.90.160.37-0.140.92-0.180.96-0.20.670.680.480.28
0.990.930.730.990.810.920.540.920.920.83-0.340.81-0.450.9-0.04-0.01-0.290.95-0.180.91-0.340.830.880.650.22
0.04-0.080.180.01-0.05-0.340.22-0.12-0.120.130.150.020.760.16-0.040.520.760.12-0.10.20.74-0.05-0.17-0.020.33
0.090.080.55-0.050.24-0.270.45-0.26-0.260.310.25-0.180.320.37-0.010.520.350.05-0.210.250.34-0.2-0.28-0.250.01
-0.27-0.31-0.13-0.28-0.29-0.48-0.03-0.26-0.27-0.20.06-0.10.71-0.14-0.290.760.35-0.15-0.28-0.171.0-0.2-0.3-0.180.12
0.970.950.750.950.860.870.510.850.860.85-0.350.83-0.40.920.950.120.05-0.15-0.070.96-0.20.830.850.60.35
-0.12-0.12-0.11-0.1-0.05-0.02-0.13-0.24-0.24-0.120.48-0.22-0.07-0.18-0.18-0.1-0.21-0.28-0.070.0-0.27-0.20.020.230.19
0.950.930.860.910.890.790.650.740.740.88-0.20.71-0.330.960.910.20.25-0.170.960.0-0.220.710.760.550.4
-0.32-0.36-0.18-0.33-0.34-0.52-0.06-0.3-0.31-0.260.08-0.130.73-0.2-0.340.740.341.0-0.2-0.27-0.22-0.24-0.33-0.220.1
0.80.790.350.830.610.770.10.920.920.55-0.280.99-0.340.670.83-0.05-0.2-0.20.83-0.20.71-0.240.750.30.16
0.840.820.490.880.690.930.420.850.850.55-0.310.74-0.530.680.88-0.17-0.28-0.30.850.020.76-0.330.750.680.2
0.630.480.460.680.390.650.510.520.520.54-0.240.28-0.240.480.65-0.02-0.25-0.180.60.230.55-0.220.30.680.14
0.280.280.260.270.280.180.240.20.20.330.050.190.050.280.220.330.010.120.350.190.40.10.160.20.14
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Planet Green Account Relationship Matchups

Planet Green fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.9M22.0M86.0M60.7M42.6M40.5M
Total Current Liabilities4.8M3.6M34.4M19.6M19.2M31.9M
Total Stockholder Equity20.7M18.3M46.9M40.6M19.4M18.5M
Net Debt(6.9M)(3.4M)6.5M3.8M3.4M3.2M
Retained Earnings(73.3M)(84.3M)(94.1M)(119.9M)(140.7M)(133.7M)
Accounts Payable952.5K1.3M6.2M3.5M3.6M5.9M
Cash7.4M3.4M750.7K93.5K436.4K414.6K
Cash And Short Term Investments7.4M3.4M750.7K93.5K436.4K414.6K
Common Stock Shares Outstanding6.9M1.0M24.8M6.0M7.2M3.7M
Liabilities And Stockholders Equity25.9M22.0M86.0M60.7M42.6M40.5M
Non Current Liabilities Total373.7K31.4K380.3K560.9K4.0M6.7M
Other Stockholder Equity85.8M95.7M133.2M155.7M179.1M188.0M
Total Liab5.2M3.7M34.8M20.1M23.2M38.4M
Total Current Assets18.2M13.5M27.3M13.8M12.5M11.9M
Common Stock7.9K11.8K35.6K72.1K82.9K87.0K
Other Current Liab3.6M2.1M14.6M8.7M14.3M15.0M
Accumulated Other Comprehensive Income8.2M7.0M7.7M4.7M4.4M4.2M
Short Term Debt155.1K160.8K7.3M3.6M1.2B1.3B
Property Plant And Equipment Net5.9M4.6M23.5M22.6M20.3M39.4M
Current Deferred Revenue52.7K257.6K6.3M2.7M36.3K34.5K
Non Current Assets Total7.7M8.5M58.7M46.9M30.1M50.0M
Non Currrent Assets Other319.2K(8.5M)7.8M33.3M7.6B8.0B
Net Receivables1.4M835.4K12.7M3.6M3.2M3.0M
Inventory1.9M2.3M7.8M4.2M7.3M7.6M
Other Current Assets7.4M7.0M6.1M6.0M1.6M1.6M
Property Plant Equipment2.2M5.8M4.6M23.5M21.2M41.2M
Net Tangible Assets8.3M19.2M14.5M24.5M22.1M21.0M
Retained Earnings Total Equity(99.6M)(79.0M)(73.3M)(84.3M)(75.9M)(72.1M)

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When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green'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 Planet Green's future performance. For an informed investment choice regarding Planet 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 Planet Green Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Packaged Foods & Meats 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 Planet Green. If investors know Planet 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 Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.45)
Revenue Per Share
2.426
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.49)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green'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 Planet Green's market value can be influenced by many factors that don't directly affect Planet Green'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 Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.