PLNT Stock | | | USD 101.53 1.51 1.51% |
Planet Fitness financial indicator trend analysis is much more than just breaking down Planet Fitness prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Planet Fitness is a good investment. Please check the relationship between Planet Fitness Net Interest Income and its Interest Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. 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.
For more information on how to buy Planet Stock please use our
How to Invest in Planet Fitness guide.
Net Interest Income vs Interest Income
Net Interest Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Planet Fitness Net Interest Income account and
Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Planet Fitness' Net Interest Income and Interest Income is 0.83. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Planet Fitness, assuming nothing else is changed. The correlation between historical values of Planet Fitness' Net Interest Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Planet Fitness are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Interest Income i.e., Planet Fitness' Net Interest Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Planet Fitness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Planet Fitness 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 Fitness. 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.
For more information on how to buy Planet Stock please use our
How to Invest in Planet Fitness guide.At this time, Planet Fitness'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 18.77 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 4.5
M in 2024.
Planet Fitness fundamental ratios Correlations
Click cells to compare fundamentals
Planet Fitness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Planet Fitness fundamental ratios Accounts
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Additional Tools for Planet Stock Analysis
When running Planet Fitness' price analysis, check to
measure Planet Fitness' 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 Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to
predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.