Preformed Accounts Payable vs Current Deferred Revenue Analysis
PLPC Stock | USD 143.56 5.04 3.64% |
Preformed Line financial indicator trend analysis is much more than just breaking down Preformed Line Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Preformed Line Products is a good investment. Please check the relationship between Preformed Line Accounts Payable and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Accounts Payable vs Current Deferred Revenue
Accounts Payable vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Preformed Line Products Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Preformed Line's Accounts Payable and Current Deferred Revenue is 0.17. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Preformed Line Products, assuming nothing else is changed. The correlation between historical values of Preformed Line's Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Preformed Line Products are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Preformed Line's Accounts Payable and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Preformed Line obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Preformed Line Products are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Preformed Line's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Preformed Line Products 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 Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, Preformed Line'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 Over EBITDA is expected to grow to 8.04, whereas Selling General Administrative is forecasted to decline to about 51.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 3.2M | 3.9M | 4.1M | Depreciation And Amortization | 15.6M | 16.4M | 18.9M | 12.3M |
Preformed Line fundamental ratios Correlations
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Preformed Line Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Preformed Line fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 433.6M | 461.1M | 489.0M | 568.5M | 603.2M | 335.6M | |
Short Long Term Debt Total | 65.8M | 56.0M | 59.6M | 89.5M | 71.8M | 75.4M | |
Other Current Liab | 40.7M | 41.8M | 40.5M | 43.3M | 56.6M | 59.4M | |
Total Current Liabilities | 81.1M | 103.8M | 105.5M | 115.3M | 111.3M | 63.0M | |
Total Stockholder Equity | 268.5M | 292.1M | 316.1M | 358.6M | 416.2M | 231.8M | |
Property Plant And Equipment Net | 124.0M | 126.0M | 149.8M | 175.0M | 219.6M | 230.5M | |
Net Debt | 26.8M | 10.8M | 23.2M | 52.3M | 18.2M | 19.1M | |
Retained Earnings | 353.3M | 379.0M | 410.7M | 460.9M | 520.2M | 266.7M | |
Accounts Payable | 28.3M | 31.6M | 42.4M | 46.8M | 37.8M | 23.7M | |
Cash | 38.9M | 45.2M | 36.4M | 37.2M | 53.6M | 33.1M | |
Non Current Assets Total | 201.6M | 204.8M | 216.9M | 240.3M | 278.3M | 143.4M | |
Non Currrent Assets Other | 26.8M | 23.4M | 22.9M | 17.9M | 9.2M | 12.2M | |
Other Assets | 22.2M | 34.9M | 26.9M | 12.5M | 14.3M | 15.9M | |
Long Term Debt | 53.7M | 33.3M | 40.0M | 68.4M | 48.8M | 51.2M | |
Cash And Short Term Investments | 38.9M | 45.2M | 36.4M | 37.2M | 53.6M | 33.1M | |
Net Receivables | 83.5M | 92.7M | 98.2M | 125.3M | 106.9M | 65.3M | |
Good Will | 27.8M | 29.5M | 28.2M | 28.0M | 29.5M | 16.0M | |
Common Stock Total Equity | 12.8M | 13.0M | 13.2M | 13.4M | 15.4M | 12.8M | |
Common Stock Shares Outstanding | 5.1M | 5.0M | 5.0M | 5.0M | 5.0M | 4.3M | |
Liabilities And Stockholders Equity | 433.6M | 461.1M | 489.0M | 568.5M | 603.2M | 335.6M | |
Non Current Liabilities Total | 83.9M | 65.2M | 67.4M | 94.5M | 75.7M | 40.8M | |
Inventory | 95.7M | 97.5M | 114.5M | 147.5M | 148.8M | 79.2M | |
Other Current Assets | 4.3M | 20.9M | 23.0M | 18.2M | 15.5M | 8.0M | |
Other Stockholder Equity | (29.3M) | (45.4M) | (46.0M) | (45.7M) | (57.3M) | (54.4M) | |
Total Liab | 165.0M | 169.0M | 172.9M | 209.9M | 187.0M | 103.8M | |
Property Plant And Equipment Gross | 136.5M | 139.1M | 149.8M | 175.0M | 423.9M | 445.1M | |
Total Current Assets | 232.0M | 256.3M | 272.1M | 328.2M | 324.8M | 192.2M | |
Accumulated Other Comprehensive Income | (57.4M) | (54.6M) | (61.7M) | (70.0M) | (60.3M) | (57.3M) | |
Short Term Debt | 12.1M | 24.9M | 21.5M | 22.7M | 15.3M | 7.9M | |
Intangible Assets | 15.1M | 14.4M | 12.0M | 14.1M | 13.0M | 10.5M | |
Common Stock | 1.9M | 2.1M | 3.1M | 3.1M | 13.6M | 14.3M | |
Property Plant Equipment | 124.0M | 126.0M | 149.8M | 175.0M | 201.3M | 211.3M | |
Other Liab | 21.9M | 31.9M | 27.3M | 18.7M | 21.6M | 17.8M | |
Net Tangible Assets | 233.8M | 256.9M | 275.9M | 323.6M | 372.1M | 254.4M | |
Retained Earnings Total Equity | 353.3M | 379.0M | 410.7M | 460.9M | 530.1M | 324.0M | |
Long Term Debt Total | 53.7M | 33.3M | 40.0M | 68.4M | 78.7M | 40.3M | |
Capital Surpluse | 38.9M | 43.1M | 47.8M | 53.6M | 61.7M | 35.2M | |
Deferred Long Term Liab | 3.1M | 2.9M | 2.8M | 4.2M | 4.8M | 3.0M |
Also Currently Popular
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 Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Electrical Components & Equipment 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 Preformed Line. If investors know Preformed 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 Preformed Line 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 (0.49) | Dividend Share 0.8 | Earnings Share 6.66 | Revenue Per Share 116.621 | Quarterly Revenue Growth (0.08) |
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line'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 Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line'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 Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line'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.