Plug Net Invested Capital vs Long Term Debt Analysis

PLUG Stock

USD 1.89 0.03 1.56%

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

For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Net Invested Capital account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Plug Power's Net Invested Capital and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Plug Power, assuming nothing else is changed. The correlation between historical values of Plug Power's Net Invested Capital 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 Net Invested Capital of Plug Power 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 Net Invested Capital i.e., Plug Power's Net Invested Capital and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt

Long-term debt is a debt that Plug Power has held for over one year. Long-term debt appears on Plug Power 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 Plug Power 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 Plug Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plug Power 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 Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.At this time, Plug Power's Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	244.6M	463.5M	536.2M	563.0M
Cost Of Revenue	673.7M	895.8M	1.4B	1.5B

Total Operating Expenses Cost Of Revenue

Plug Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Currrent Assets Other	Common Stock Total Equity	Inventory	Other Current Assets	Short Term Debt	Common Stock	Other Liab
Total Assets		0.85	0.88	0.99	0.84	-0.16	-0.88	0.86	0.67	0.91	0.75	0.83	0.95	0.96	0.98	0.95	0.82	0.94	0.93	0.7	0.94	0.84	0.94	0.73	0.94	0.91
Other Current Liab	0.85		0.84	0.82	0.83	0.23	-0.82	0.87	0.27	0.88	0.47	0.8	0.82	0.84	0.87	0.86	0.82	0.71	0.79	0.65	0.79	0.86	0.93	0.59	0.79	0.88
Total Current Liabilities	0.88	0.84		0.8	0.99	0.27	-0.98	0.99	0.3	0.99	0.36	0.99	0.91	0.91	0.94	0.97	0.99	0.66	0.9	0.35	0.92	0.99	0.97	0.91	0.89	0.97
Total Stockholder Equity	0.99	0.82	0.8		0.75	-0.28	-0.81	0.78	0.74	0.85	0.83	0.75	0.91	0.92	0.95	0.89	0.74	0.97	0.87	0.76	0.89	0.76	0.89	0.63	0.9	0.85
Property Plant And Equipment Net	0.84	0.83	0.99	0.75		0.34	-0.97	0.99	0.22	0.99	0.28	0.99	0.87	0.88	0.9	0.95	1.0	0.6	0.87	0.28	0.89	1.0	0.96	0.91	0.85	0.96
Net Debt	-0.16	0.23	0.27	-0.28	0.34		-0.22	0.33	-0.81	0.22	-0.73	0.32	-0.03	0.0	-0.03	0.12	0.37	-0.47	0.02	-0.42	0.01	0.35	0.17	0.27	-0.05	0.22
Retained Earnings	-0.88	-0.82	-0.98	-0.81	-0.97	-0.22		-0.98	-0.35	-0.98	-0.39	-0.96	-0.94	-0.92	-0.94	-0.97	-0.97	-0.68	-0.91	-0.37	-0.95	-0.97	-0.96	-0.91	-0.92	-0.96
Accounts Payable	0.86	0.87	0.99	0.78	0.99	0.33	-0.98		0.24	0.99	0.32	0.98	0.91	0.9	0.92	0.96	0.99	0.63	0.88	0.35	0.91	0.99	0.97	0.89	0.88	0.98
Cash	0.67	0.27	0.3	0.74	0.22	-0.81	-0.35	0.24		0.35	0.95	0.22	0.57	0.58	0.55	0.47	0.19	0.86	0.57	0.71	0.56	0.2	0.38	0.28	0.61	0.35
Non Current Assets Total	0.91	0.88	0.99	0.85	0.99	0.22	-0.98	0.99	0.35		0.42	0.97	0.93	0.94	0.96	0.98	0.98	0.72	0.92	0.43	0.93	0.99	0.99	0.87	0.91	0.98
Cash And Short Term Investments	0.75	0.47	0.36	0.83	0.28	-0.73	-0.39	0.32	0.95	0.42		0.27	0.63	0.63	0.64	0.52	0.25	0.93	0.6	0.86	0.59	0.28	0.48	0.22	0.64	0.45
Net Receivables	0.83	0.8	0.99	0.75	0.99	0.32	-0.96	0.98	0.22	0.97	0.27		0.86	0.85	0.9	0.93	0.99	0.59	0.84	0.23	0.87	0.99	0.95	0.9	0.83	0.95
Common Stock Shares Outstanding	0.95	0.82	0.91	0.91	0.87	-0.03	-0.94	0.91	0.57	0.93	0.63	0.86		0.96	0.96	0.96	0.86	0.84	0.95	0.6	0.99	0.87	0.93	0.83	0.99	0.94
Non Current Liabilities Total	0.96	0.84	0.91	0.92	0.88	0.0	-0.92	0.9	0.58	0.94	0.63	0.85	0.96		0.95	0.98	0.86	0.85	0.99	0.64	0.98	0.87	0.93	0.83	0.98	0.93
Other Stockholder Equity	0.98	0.87	0.94	0.95	0.9	-0.03	-0.94	0.92	0.55	0.96	0.64	0.9	0.96	0.95		0.97	0.9	0.87	0.92	0.59	0.95	0.91	0.97	0.79	0.94	0.96
Total Liab	0.95	0.86	0.97	0.89	0.95	0.12	-0.97	0.96	0.47	0.98	0.52	0.93	0.96	0.98	0.97		0.94	0.79	0.97	0.52	0.97	0.94	0.97	0.89	0.96	0.97
Property Plant And Equipment Gross	0.82	0.82	0.99	0.74	1.0	0.37	-0.97	0.99	0.19	0.98	0.25	0.99	0.86	0.86	0.9	0.94		0.57	0.85	0.25	0.87	1.0	0.96	0.9	0.83	0.95
Total Current Assets	0.94	0.71	0.66	0.97	0.6	-0.47	-0.68	0.63	0.86	0.72	0.93	0.59	0.84	0.85	0.87	0.79	0.57		0.81	0.84	0.81	0.6	0.76	0.51	0.84	0.73
Short Long Term Debt Total	0.93	0.79	0.9	0.87	0.87	0.02	-0.91	0.88	0.57	0.92	0.6	0.84	0.95	0.99	0.92	0.97	0.85	0.81		0.6	0.97	0.85	0.9	0.86	0.97	0.91
Non Currrent Assets Other	0.7	0.65	0.35	0.76	0.28	-0.42	-0.37	0.35	0.71	0.43	0.86	0.23	0.6	0.64	0.59	0.52	0.25	0.84	0.6		0.56	0.29	0.5	0.14	0.62	0.47
Common Stock Total Equity	0.94	0.79	0.92	0.89	0.89	0.01	-0.95	0.91	0.56	0.93	0.59	0.87	0.99	0.98	0.95	0.97	0.87	0.81	0.97	0.56		0.88	0.92	0.87	1.0	0.93
Inventory	0.84	0.86	0.99	0.76	1.0	0.35	-0.97	0.99	0.2	0.99	0.28	0.99	0.87	0.87	0.91	0.94	1.0	0.6	0.85	0.29	0.88		0.97	0.87	0.84	0.96
Other Current Assets	0.94	0.93	0.97	0.89	0.96	0.17	-0.96	0.97	0.38	0.99	0.48	0.95	0.93	0.93	0.97	0.97	0.96	0.76	0.9	0.5	0.92	0.97		0.81	0.9	0.97
Short Term Debt	0.73	0.59	0.91	0.63	0.91	0.27	-0.91	0.89	0.28	0.87	0.22	0.9	0.83	0.83	0.79	0.89	0.9	0.51	0.86	0.14	0.87	0.87	0.81		0.84	0.84
Common Stock	0.94	0.79	0.89	0.9	0.85	-0.05	-0.92	0.88	0.61	0.91	0.64	0.83	0.99	0.98	0.94	0.96	0.83	0.84	0.97	0.62	1.0	0.84	0.9	0.84		0.91
Other Liab	0.91	0.88	0.97	0.85	0.96	0.22	-0.96	0.98	0.35	0.98	0.45	0.95	0.94	0.93	0.96	0.97	0.95	0.73	0.91	0.47	0.93	0.96	0.97	0.84	0.91

Click cells to compare fundamentals

Plug Power Account Relationship Matchups

Plug Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	771.2M	2.4B	6.0B	5.8B	4.9B	5.1B
Other Current Liab	15.5M	39.2M	108.4M	458.4M	251.7M	264.3M
Total Current Liabilities	150.8M	236.0M	420.6M	635.3M	964.8M	1.0B
Total Stockholder Equity	134.7M	1.5B	4.6B	4.1B	2.9B	3.0B
Property Plant And Equipment Net	259.7M	436.3M	573.6M	1.2B	2.0B	2.1B
Net Debt	397.7M	(597.3M)	(1.7B)	208.1M	617.3M	648.1M
Retained Earnings	(1.3B)	(1.9B)	(2.4B)	(3.1B)	(4.5B)	(4.3B)
Accounts Payable	47.6M	58.8M	92.3M	191.9M	257.8M	270.7M
Cash	139.5M	1.3B	2.5B	690.6M	351.6M	250.2M
Non Current Assets Total	457.8M	813.2M	1.5B	2.5B	3.1B	3.3B
Cash And Short Term Investments	139.5M	1.3B	3.9B	2.2B	351.6M	405.8M
Net Receivables	25.4M	42.8M	131.3M	191.9M	370.1M	388.6M
Common Stock Shares Outstanding	237.2M	354.8M	558.2M	579.7M	595.5M	625.2M
Liabilities And Stockholders Equity	771.2M	2.4B	6.0B	5.8B	4.9B	5.1B
Non Current Liabilities Total	485.7M	674.1M	923.8M	1.1B	1.0B	1.1B
Other Stockholder Equity	1.5B	2.5B	7.0B	7.2B	7.4B	7.8B
Total Liab	636.5M	910.1M	1.3B	1.7B	2.0B	2.1B
Property Plant And Equipment Gross	259.7M	273.1M	573.6M	1.2B	2.1B	2.2B
Total Current Assets	313.3M	1.6B	4.4B	3.3B	1.8B	1.9B
Accumulated Other Comprehensive Income	1.4M	2.6M	(1.5M)	(26.0M)	(6.8M)	(6.5M)
Short Long Term Debt Total	537.2M	715.1M	810.1M	898.7M	968.9M	1.0B
Non Currrent Assets Other	183.8M	265.7M	536.3M	748.3M	40.9M	38.8M
Common Stock Total Equity	3.2M	4.7M	5.9M	6.1M	7.0M	7.3M
Inventory	72.4M	139.4M	269.2M	645.6M	961.3M	1.0B
Other Current Assets	21.2M	72.3M	178.5M	309.3M	320.6M	336.7M
Short Term Debt	76.0M	117.2M	92.8M	65.7M	233.9M	245.6M
Common Stock	3.2M	4.7M	5.9M	6.1M	6.3M	6.6M
Other Liab	117.3M	55.3M	206.5M	291.1M	334.8M	351.5M
Other Assets	183.8M	265.7M	609.4M	837.6M	963.2M	1.0B
Long Term Debt	110.2M	85.6M	305.4M	193.9M	196.5M	206.3M
Intangible Assets	5.5M	38.9M	158.2M	207.7M	188.9M	353.4M
Property Plant Equipment	259.7M	436.3M	255.6M	719.8M	827.8M	869.2M
Current Deferred Revenue	11.7M	23.3M	116.4M	131.8M	204.1M	214.3M
Good Will	9.4M	9.0M	8.8M	72.4M	220.4M	248.6M
Treasury Stock	(30.6M)	(31.2M)	(40.4M)	(72.5M)	(65.3M)	(62.0M)
Net Tangible Assets	121.4M	1.4B	4.2B	3.6B	4.1B	4.4B
Retained Earnings Total Equity	(1.3B)	(1.9B)	(2.4B)	(3.1B)	(2.8B)	(2.7B)
Capital Surpluse	1.5B	3.4B	7.1B	7.3B	8.4B	8.8B

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

When determining whether Plug Power is a strong investment it is important to analyze Plug Power'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 Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:

How To Invest In Plug

Details

Is Plug Stock a good investment?

Details

What is Plug Power's Net Worth?

Details

Largest Electrical Components & Equipment Companies

View

Largest Electrical Equipment & Parts Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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 Plug Power. If investors know Plug 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 Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.11)

Revenue Per Share

0.929

Quarterly Revenue Growth

(0.13)

Return On Assets

(0.13)

Return On Equity

(0.43)

The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power'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 Plug Power's market value can be influenced by many factors that don't directly affect Plug Power'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 Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Plug Net Invested Capital vs Long Term Debt Analysis

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Long Term Debt

Plug Power fundamental ratios Correlations

Plug Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plug Power fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Property Plant And Equipment Gross
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities

Non Current Assets Total	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Current Liabilities
Inventory	- 0.97	Retained Earnings
Property Plant And Equipment Gross	- 0.97	Retained Earnings
Total Liab	- 0.97	Retained Earnings