Preformed Long Term Debt Total vs Total Assets 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 Long Term Debt Total and its Total Assets 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.
Long Term Debt Total vs Total Assets
Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Preformed Line Products Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Preformed Line's Long Term Debt Total and Total Assets is 0.77. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Assets 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 Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Preformed Line Products are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt Total i.e., Preformed Line's Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt Total
Total Assets
Total assets refers to the total amount of Preformed Line assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Preformed Line Products books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.