Power Free Cash Flow Per Share vs Book Value Per Share Analysis

PNPN Stock   0.75  0.03  3.85%   
Power Nickel financial indicator trend analysis is much more than just breaking down Power Nickel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Nickel is a good investment. Please check the relationship between Power Nickel Free Cash Flow Per Share and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Nickel. 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.

Free Cash Flow Per Share vs Book Value Per Share

Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Nickel Free Cash Flow Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Power Nickel's Free Cash Flow Per Share and Book Value Per Share is -0.86. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Power Nickel, assuming nothing else is changed. The correlation between historical values of Power Nickel's Free Cash Flow Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Power Nickel are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Power Nickel's Free Cash Flow Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Power Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Nickel 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 Power Nickel. 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.
At this time, Power Nickel's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 31.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation5.5K3.9K2.7K3.4K
Total Operating Expenses10.5M4.6M14.2M14.9M

Power Nickel fundamental ratios Correlations

0.950.95-0.52-0.880.090.58-0.970.90.35-0.56-0.880.960.96-0.16-0.680.630.94-0.630.641.0-0.95-0.520.910.840.93
0.950.98-0.7-0.93-0.010.56-0.910.860.1-0.49-0.930.990.87-0.11-0.620.50.98-0.780.540.95-0.83-0.690.90.750.82
0.950.98-0.77-0.92-0.160.67-0.930.90.14-0.63-0.920.980.89-0.14-0.690.561.0-0.840.590.95-0.85-0.760.920.740.83
-0.52-0.7-0.770.660.59-0.650.51-0.60.310.580.66-0.66-0.440.040.49-0.25-0.770.97-0.33-0.520.380.97-0.63-0.28-0.37
-0.88-0.93-0.920.66-0.04-0.420.83-0.840.030.431.0-0.94-0.760.140.49-0.31-0.920.74-0.33-0.880.720.66-0.75-0.63-0.66
0.09-0.01-0.160.59-0.04-0.640.050.01-0.020.6-0.040.05-0.02-0.040.44-0.17-0.160.45-0.250.07-0.010.55-0.060.050.01
0.580.560.67-0.65-0.42-0.64-0.710.530.43-0.96-0.420.570.720.21-0.940.840.67-0.580.870.59-0.66-0.550.730.70.69
-0.97-0.91-0.930.510.830.05-0.71-0.85-0.470.690.83-0.92-0.990.10.8-0.73-0.930.59-0.74-0.980.970.5-0.9-0.9-0.95
0.90.860.9-0.6-0.840.010.53-0.850.15-0.59-0.840.90.83-0.27-0.510.490.9-0.740.470.9-0.8-0.630.820.620.79
0.350.10.140.310.03-0.020.43-0.470.15-0.450.030.110.55-0.07-0.580.650.140.280.640.36-0.610.310.260.60.61
-0.56-0.49-0.630.580.430.6-0.960.69-0.59-0.450.43-0.53-0.7-0.150.88-0.81-0.630.52-0.8-0.570.640.49-0.67-0.65-0.65
-0.88-0.93-0.920.661.0-0.04-0.420.83-0.840.030.43-0.94-0.760.140.49-0.31-0.920.74-0.33-0.880.720.66-0.75-0.63-0.66
0.960.990.98-0.66-0.940.050.57-0.920.90.11-0.53-0.940.89-0.06-0.630.550.98-0.760.570.96-0.84-0.640.920.770.83
0.960.870.89-0.44-0.76-0.020.72-0.990.830.55-0.7-0.760.89-0.05-0.830.790.89-0.530.80.96-0.98-0.420.90.930.97
-0.16-0.11-0.140.040.14-0.040.210.1-0.27-0.07-0.150.14-0.06-0.05-0.290.34-0.140.150.33-0.160.210.280.040.27-0.14
-0.68-0.62-0.690.490.490.44-0.940.8-0.51-0.580.880.49-0.63-0.83-0.29-0.89-0.690.46-0.93-0.690.770.38-0.75-0.87-0.79
0.630.50.56-0.25-0.31-0.170.84-0.730.490.65-0.81-0.310.550.790.34-0.890.55-0.240.980.64-0.74-0.130.770.870.81
0.940.981.0-0.77-0.92-0.160.67-0.930.90.14-0.63-0.920.980.89-0.14-0.690.55-0.840.590.95-0.85-0.760.920.740.83
-0.63-0.78-0.840.970.740.45-0.580.59-0.740.280.520.74-0.76-0.530.150.46-0.24-0.84-0.3-0.630.460.96-0.68-0.32-0.46
0.640.540.59-0.33-0.33-0.250.87-0.740.470.64-0.8-0.330.570.80.33-0.930.980.59-0.30.65-0.76-0.210.790.880.82
1.00.950.95-0.52-0.880.070.59-0.980.90.36-0.57-0.880.960.96-0.16-0.690.640.95-0.630.65-0.95-0.530.920.850.93
-0.95-0.83-0.850.380.72-0.01-0.660.97-0.8-0.610.640.72-0.84-0.980.210.77-0.74-0.850.46-0.76-0.950.39-0.87-0.88-0.99
-0.52-0.69-0.760.970.660.55-0.550.5-0.630.310.490.66-0.64-0.420.280.38-0.13-0.760.96-0.21-0.530.39-0.58-0.19-0.37
0.910.90.92-0.63-0.75-0.060.73-0.90.820.26-0.67-0.750.920.90.04-0.750.770.92-0.680.790.92-0.87-0.580.830.9
0.840.750.74-0.28-0.630.050.7-0.90.620.6-0.65-0.630.770.930.27-0.870.870.74-0.320.880.85-0.88-0.190.830.89
0.930.820.83-0.37-0.660.010.69-0.950.790.61-0.65-0.660.830.97-0.14-0.790.810.83-0.460.820.93-0.99-0.370.90.89
Click cells to compare fundamentals

Power Nickel Account Relationship Matchups

Power Nickel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.8K502.7K1.4M2.0M3.7M3.9M
Other Current Liab954K849.2K897.1K1.2M4.0M4.2M
Total Current Liabilities2.7M1.8M2.0M2.7M6.2M6.5M
Total Stockholder Equity(2.7M)(1.3M)(686.9K)(812.5K)(2.5M)(2.4M)
Retained Earnings(63.3M)(65.4M)(75.6M)(76.0M)(85.9M)(90.2M)
Accounts Payable385.2K187.8K301.2K1.3M2.1M2.3M
Cash7.4K179.3K1.2M1.3M216.4K205.5K
Non Current Assets Total4.6K18.4K12.9K9.0K6.3K6.0K
Net Receivables2.9K194.3K102.7K268.9K1.2M1.3M
Total Liab2.8M1.8M2.1M2.8M6.3M6.6M
Net Invested Capital(2.2M)(731.5K)16.4K(812.5K)(2.5M)(2.4M)
Total Current Assets89.1K484.3K1.4M2.0M3.7M3.9M
Net Working Capital(2.6M)(680.4K)(644.4K)(766.0K)(2.5M)(2.4M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Power Stock Analysis

When running Power Nickel's price analysis, check to measure Power Nickel's 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 Power Nickel is operating at the current time. Most of Power Nickel's value examination focuses on studying past and present price action to predict the probability of Power Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Nickel's price. Additionally, you may evaluate how the addition of Power Nickel to your portfolios can decrease your overall portfolio volatility.