Piedmont Property Plant And Equipment Net vs Total Liab Analysis

PLL Stock  USD 13.28  1.23  10.21%   
Piedmont Lithium financial indicator trend analysis is much more than just breaking down Piedmont Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piedmont Lithium is a good investment. Please check the relationship between Piedmont Lithium Property Plant And Equipment Net and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piedmont Lithium Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Piedmont Lithium's Property Plant And Equipment Net and Total Liab is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Piedmont Lithium Ltd, assuming nothing else is changed. The correlation between historical values of Piedmont Lithium's Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Piedmont Lithium Ltd are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Piedmont Lithium's Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Piedmont Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piedmont Lithium 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 Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Piedmont Lithium's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 108.1 M this year, although Enterprise Value Over EBITDA will most likely fall to (85.11).
 2021 2022 2023 2024 (projected)
Interest Expense193.3K115.0K39K37.1K
Depreciation And Amortization11.6K30.2M34.7M36.4M

Piedmont Lithium fundamental ratios Correlations

-0.330.950.921.00.98-0.84-0.950.940.790.970.440.910.18-0.720.880.92-0.50.930.810.37-0.760.12-0.920.47-0.79
-0.33-0.34-0.38-0.32-0.340.210.1-0.47-0.2-0.33-0.35-0.23-0.930.25-0.1-0.33-0.51-0.38-0.260.490.610.870.36-0.940.17
0.95-0.340.920.940.97-0.65-0.910.970.590.980.520.750.09-0.720.810.93-0.430.920.610.17-0.660.13-0.990.4-0.79
0.92-0.380.920.90.98-0.61-0.840.880.540.970.170.740.16-0.850.760.96-0.311.00.560.25-0.66-0.02-0.850.53-0.92
1.0-0.320.940.90.97-0.86-0.950.940.810.960.460.930.17-0.690.890.91-0.520.910.830.38-0.760.14-0.920.46-0.77
0.98-0.340.970.980.97-0.71-0.920.940.651.00.350.820.13-0.790.830.96-0.430.980.670.29-0.70.09-0.930.47-0.87
-0.840.21-0.65-0.61-0.86-0.710.8-0.71-0.99-0.69-0.44-0.98-0.260.39-0.81-0.610.54-0.62-0.99-0.550.76-0.180.66-0.390.45
-0.950.1-0.91-0.84-0.95-0.920.8-0.89-0.77-0.92-0.45-0.870.050.61-0.96-0.90.72-0.85-0.77-0.430.54-0.350.89-0.230.71
0.94-0.470.970.880.940.94-0.71-0.890.660.950.610.780.26-0.650.830.93-0.380.890.680.11-0.70.01-0.980.52-0.71
0.79-0.20.590.540.810.65-0.99-0.770.660.620.460.960.27-0.330.80.55-0.570.551.00.56-0.710.18-0.610.36-0.38
0.97-0.330.980.970.961.0-0.69-0.920.950.620.380.80.1-0.790.830.96-0.430.980.640.27-0.680.11-0.940.44-0.86
0.44-0.350.520.170.460.35-0.44-0.450.610.460.380.390.260.030.440.31-0.280.20.47-0.19-0.40.06-0.650.20.03
0.91-0.230.750.740.930.82-0.98-0.870.780.960.80.390.22-0.530.860.73-0.550.750.960.56-0.770.18-0.740.42-0.6
0.18-0.930.090.160.170.13-0.260.050.260.270.10.260.22-0.050.00.10.530.160.32-0.38-0.57-0.89-0.120.910.05
-0.720.25-0.72-0.85-0.69-0.790.390.61-0.65-0.33-0.790.03-0.53-0.05-0.55-0.780.19-0.84-0.35-0.430.480.020.61-0.460.98
0.88-0.10.810.760.890.83-0.81-0.960.830.80.830.440.860.0-0.550.84-0.770.770.790.48-0.460.33-0.80.24-0.64
0.92-0.330.930.960.910.96-0.61-0.90.930.550.960.310.730.1-0.780.84-0.420.960.580.23-0.540.07-0.890.45-0.86
-0.5-0.51-0.43-0.31-0.52-0.430.540.72-0.38-0.57-0.43-0.28-0.550.530.19-0.77-0.42-0.32-0.52-0.62-0.01-0.80.440.40.3
0.93-0.380.921.00.910.98-0.62-0.850.890.550.980.20.750.16-0.840.770.96-0.320.580.25-0.66-0.01-0.860.53-0.91
0.81-0.260.610.560.830.67-0.99-0.770.681.00.640.470.960.32-0.350.790.58-0.520.580.52-0.740.12-0.620.42-0.39
0.370.490.170.250.380.29-0.55-0.430.110.560.27-0.190.56-0.38-0.430.480.23-0.620.250.52-0.160.59-0.1-0.2-0.45
-0.760.61-0.66-0.66-0.76-0.70.760.54-0.7-0.71-0.68-0.4-0.77-0.570.48-0.46-0.54-0.01-0.66-0.74-0.160.280.66-0.720.49
0.120.870.13-0.020.140.09-0.18-0.350.010.180.110.060.18-0.890.020.330.07-0.8-0.010.120.590.28-0.13-0.8-0.1
-0.920.36-0.99-0.85-0.92-0.930.660.89-0.98-0.61-0.94-0.65-0.74-0.120.61-0.8-0.890.44-0.86-0.62-0.10.66-0.13-0.390.69
0.47-0.940.40.530.460.47-0.39-0.230.520.360.440.20.420.91-0.460.240.450.40.530.42-0.2-0.72-0.8-0.39-0.38
-0.790.17-0.79-0.92-0.77-0.870.450.71-0.71-0.38-0.860.03-0.60.050.98-0.64-0.860.3-0.91-0.39-0.450.49-0.10.69-0.38
Click cells to compare fundamentals

Piedmont Lithium Account Relationship Matchups

Piedmont Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.7M6.8M187.9M287.9M381.3M400.3M
Total Current Liabilities1.9M2.1M6.2M13.4M41.4M43.4M
Total Stockholder Equity23.8M4.6M180.4M270.3M332.3M348.9M
Property Plant And Equipment Net8.7M2.3M27.5M72.8M128.5M134.9M
Retained Earnings(51.6M)(46.2M)(71.3M)(105.7M)(126.8M)(120.5M)
Accounts Payable791.3K1.4M2.6M12.9M11.8M12.3M
Cash18.9M4.4M142.7M99.2M71.7M75.3M
Non Current Assets Total8.7M2.3M43.9M186.1M305.1M320.4M
Common Stock Shares Outstanding10.4M13.6M15.4M18.1M19.3M20.2M
Non Current Liabilities Total1.9M1.4M1.2M4.2M7.6M7.9M
Other Current Assets59.0K35K1.3M2.6M3.3M3.5M
Total Liab3.8M2.1M7.4M17.6M48.9M51.4M
Total Current Assets18.9M4.5M143.9M101.9M76.2M80.0M

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When determining whether Piedmont Lithium is a strong investment it is important to analyze Piedmont Lithium'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 Piedmont Lithium's future performance. For an informed investment choice regarding Piedmont 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 Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Diversified Metals & Mining 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 Piedmont Lithium. If investors know Piedmont 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 Piedmont Lithium 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
0.293
Earnings Share
(4.10)
Revenue Per Share
0.024
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.09)
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium'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 Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium'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 Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium'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.