Pioneer Total Current Liabilities vs Asset Turnover Analysis

PPSI Stock  USD 3.61  0.07  1.98%   
Pioneer Power financial indicator trend analysis is much more than just breaking down Pioneer Power Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Power Solutions is a good investment. Please check the relationship between Pioneer Power Total Current Liabilities and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Power Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pioneer Power Solutions Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Pioneer Power's Total Current Liabilities and Asset Turnover is 0.04. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Pioneer Power Solutions, assuming nothing else is changed. The correlation between historical values of Pioneer Power's Total Current Liabilities and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Pioneer Power Solutions are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., Pioneer Power's Total Current Liabilities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Pioneer Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pioneer Power Solutions are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Pioneer Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Power Solutions 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 Pioneer Power Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Pioneer Power's Selling General Administrative is decreasing as compared to previous years. The Pioneer Power's current Discontinued Operations is estimated to increase to about 12.8 M, while Tax Provision is projected to decrease to 0.00.
 2022 2024 2025 (projected)
Other Operating Expenses31.0M44.1M47.3M
Interest Expense398K457.7K434.8K

Pioneer Power fundamental ratios Correlations

-0.120.870.680.830.51-0.47-0.480.020.290.950.890.020.870.570.66-0.250.850.850.080.570.90.590.870.040.0
-0.12-0.05-0.01-0.33-0.610.130.120.30.43-0.140.110.4-0.38-0.2-0.170.34-0.36-0.47-0.32-0.43-0.18-0.44-0.260.90.56
0.87-0.050.30.820.22-0.51-0.510.210.340.950.910.210.840.80.32-0.120.90.620.120.690.90.270.920.150.13
0.68-0.010.30.310.51-0.05-0.050.070.320.410.50.080.36-0.060.64-0.150.320.67-0.010.090.480.440.3-0.020.14
0.83-0.330.820.310.67-0.79-0.79-0.27-0.130.90.66-0.30.980.720.6-0.490.850.840.010.610.840.630.95-0.21-0.37
0.51-0.610.220.510.67-0.59-0.58-0.63-0.530.410.12-0.680.640.110.74-0.620.440.850.020.210.440.770.49-0.61-0.7
-0.470.13-0.51-0.05-0.79-0.591.00.550.48-0.57-0.250.55-0.64-0.42-0.530.52-0.56-0.580.11-0.28-0.52-0.41-0.680.020.56
-0.480.12-0.51-0.05-0.79-0.581.00.540.47-0.57-0.260.54-0.64-0.42-0.540.5-0.55-0.580.16-0.27-0.52-0.41-0.680.010.55
0.020.30.210.07-0.27-0.630.550.540.84-0.010.380.98-0.150.23-0.510.480.01-0.310.10.190.12-0.59-0.060.290.91
0.290.430.340.32-0.13-0.530.480.470.840.220.580.85-0.010.2-0.150.420.11-0.10.120.20.19-0.260.040.50.88
0.95-0.140.950.410.90.41-0.57-0.57-0.010.220.89-0.010.920.730.54-0.240.920.770.110.670.910.540.950.06-0.06
0.890.110.910.50.660.12-0.25-0.260.380.580.890.380.730.670.380.070.750.550.070.550.860.290.80.250.36
0.020.40.210.08-0.3-0.680.550.540.980.85-0.010.38-0.190.2-0.520.49-0.01-0.360.080.160.1-0.63-0.070.40.91
0.87-0.380.840.360.980.64-0.64-0.64-0.15-0.010.920.73-0.190.760.56-0.450.870.850.060.660.860.640.94-0.28-0.28
0.57-0.20.8-0.060.720.11-0.42-0.420.230.20.730.670.20.760.0-0.280.730.380.210.80.640.160.79-0.120.04
0.66-0.170.320.640.60.74-0.53-0.54-0.51-0.150.540.38-0.520.560.0-0.280.40.79-0.210.020.480.830.47-0.09-0.39
-0.250.34-0.12-0.15-0.49-0.620.520.50.480.42-0.240.070.49-0.45-0.28-0.28-0.36-0.51-0.21-0.36-0.12-0.45-0.290.460.61
0.85-0.360.90.320.850.44-0.56-0.550.010.110.920.75-0.010.870.730.4-0.360.760.310.80.870.440.91-0.14-0.13
0.85-0.470.620.670.840.85-0.58-0.58-0.31-0.10.770.55-0.360.850.380.79-0.510.760.10.510.750.790.75-0.34-0.37
0.08-0.320.12-0.010.010.020.110.160.10.120.110.070.080.060.21-0.21-0.210.310.10.470.040.040.09-0.230.0
0.57-0.430.690.090.610.21-0.28-0.270.190.20.670.550.160.660.80.02-0.360.80.510.470.610.290.69-0.240.02
0.9-0.180.90.480.840.44-0.52-0.520.120.190.910.860.10.860.640.48-0.120.870.750.040.610.430.93-0.030.04
0.59-0.440.270.440.630.77-0.41-0.41-0.59-0.260.540.29-0.630.640.160.83-0.450.440.790.040.290.430.48-0.38-0.54
0.87-0.260.920.30.950.49-0.68-0.68-0.060.040.950.8-0.070.940.790.47-0.290.910.750.090.690.930.48-0.1-0.18
0.040.90.15-0.02-0.21-0.610.020.010.290.50.060.250.4-0.28-0.12-0.090.46-0.14-0.34-0.23-0.24-0.03-0.38-0.10.56
0.00.560.130.14-0.37-0.70.560.550.910.88-0.060.360.91-0.280.04-0.390.61-0.13-0.370.00.020.04-0.54-0.180.56
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Pioneer Power Account Relationship Matchups

Pioneer Power fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.3M27.9M37.2M33.0M38.0M48.0M
Other Current Liab17K4.2M566K7.2M8.3M8.7M
Total Current Liabilities5.5M6.6M19.0M18.3M21.0M22.9M
Total Stockholder Equity13.9M19.6M16.9M14.2M16.4M19.3M
Net Debt(6.2M)(8.5M)(8.0M)(2.4M)(2.1M)(2.0M)
Retained Earnings(10.1M)(12.3M)(16.0M)(19.6M)(17.7M)(16.8M)
Cash7.6M9.9M10.3M3.6M4.1M3.4M
Cash And Short Term Investments7.6M9.9M10.3M3.6M4.1M3.4M
Liabilities And Stockholders Equity21.3M27.9M37.2M33.0M38.0M48.7M
Total Liab7.4M8.4M20.2M18.8M21.6M28.7M
Total Current Assets14.0M25.1M33.0M27.7M31.8M30.1M
Short Long Term Debt Total1.4M1.4M2.3M1.2M1.1M1.0M
Other Liab5.5M772K1.3M274K315.1K299.3K
Property Plant And Equipment Net1.9M2.8M4.0M5.1M4.6M4.8M
Current Deferred Revenue714K2.4M10.7M4.9M5.7M2.9M
Accounts Payable4.0M4.2M5.6M5.4M4.9M8.5M
Non Current Assets Total7.3M2.8M4.1M5.3M4.8M4.6M
Non Currrent Assets Other43K39K70K82K277K263.2K
Other Assets19.4M5.1M6.9M39K44.9K42.6K
Net Receivables3.1M8.2M10.0M9.0M8.1M8.2M
Inventory2.4M4.2M8.7M7.6M6.8M10.0M
Other Current Assets897K1.1M2.9M7.5M8.6M9.1M
Other Stockholder Equity24.0M31.8M32.9M33.8M38.9M22.3M
Property Plant And Equipment Gross433K2.8M4.0M7.6M6.9M4.9M
Short Term Debt780K4.2M2.1M721K648.9K616.5K
Property Plant Equipment640K433K2.8M1.8M1.6M1.5M
Net Tangible Assets16.4M13.9M19.6M16.9M19.5M11.3M
Retained Earnings Total Equity(6.1M)(7.6M)(10.1M)(16.0M)(14.4M)(13.6M)
Capital Surpluse24.0M24.0M24.0M32.9M37.8M22.5M

Currently Active Assets on Macroaxis

When determining whether Pioneer Power Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Power'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 Pioneer Power Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Power Solutions Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Power Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Heavy Electrical 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 Pioneer Power. If investors know Pioneer 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 Pioneer Power 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
(0.81)
Earnings Share
(0.87)
Revenue Per Share
3.251
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.16)
The market value of Pioneer Power Solutions is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Power's value that differs from its market value or its book value, called intrinsic value, which is Pioneer 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 Pioneer Power's market value can be influenced by many factors that don't directly affect Pioneer 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 Pioneer Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer 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.