Power Accounts Payable vs Cash And Equivalents Analysis
PW Stock | USD 1.05 0.02 1.87% |
Power REIT financial indicator trend analysis is much more than just breaking down Power REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power REIT is a good investment. Please check the relationship between Power REIT Accounts Payable and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Power Stock please use our How to Invest in Power REIT guide.
Accounts Payable vs Cash And Equivalents
Accounts Payable vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power REIT Accounts Payable account and Cash And Equivalents. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Power REIT's Accounts Payable and Cash And Equivalents is -0.08. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Power REIT, assuming nothing else is changed. The correlation between historical values of Power REIT's Accounts Payable and Cash And Equivalents 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 Power REIT are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Accounts Payable i.e., Power REIT's Accounts Payable and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Power REIT 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 Power REIT 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.Cash And Equivalents
Most indicators from Power REIT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power REIT 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 REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Power Stock please use our How to Invest in Power REIT guide.At this time, Power REIT's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.78 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Power REIT fundamental ratios Correlations
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Power REIT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Power REIT fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.7M | 40.5M | 85.3M | 86.2M | 70.2M | 73.7M | |
Total Stockholder Equity | 13.1M | 15.2M | 58.3M | 44.3M | 30.8M | 32.3M | |
Common Stock Shares Outstanding | 1.9M | 2.0M | 3.3M | 3.4M | 3.4M | 1.9M | |
Liabilities And Stockholders Equity | 37.7M | 40.5M | 85.3M | 86.2M | 70.2M | 73.7M | |
Retained Earnings | (2.3M) | (361.0K) | 4.1M | (10.8M) | (25.8M) | (24.5M) | |
Common Stock | 1.9K | 1.9K | 3.4K | 3.4K | 3.1K | 2.9K | |
Total Current Liabilities | 818.4K | 769.4K | 797.2K | 3.8M | 17.8M | 18.7M | |
Accounts Payable | 55.0K | 83.6K | 18.2K | 1.4M | 741.7K | 778.8K | |
Cash | 15.8M | 5.6M | 3.2M | 2.8M | 2.2M | 1.7M | |
Total Liab | 24.6M | 25.3M | 27.0M | 41.9M | 39.4M | 41.4M | |
Net Debt | 8.5M | 18.2M | 20.2M | 35.5M | 33.6M | 35.3M | |
Cash And Short Term Investments | 15.8M | 5.6M | 3.2M | 2.8M | 2.2M | 1.8M | |
Net Receivables | 546.2K | 1.6M | 2.1M | 9.6M | 439.0K | 417.0K | |
Common Stock Total Equity | 1.8K | 1.9K | 1.9K | 1.9K | 1.7K | 1.6K | |
Total Current Assets | 16.4M | 7.3M | 5.8M | 19.9M | 24.8M | 26.0M | |
Non Current Assets Total | 21.3M | 33.2M | 79.6M | 66.3M | 45.4M | 25.2M | |
Non Currrent Assets Other | 9.2M | 9.2M | 27.3M | 9.2M | 920.0K | 874.0K | |
Other Stockholder Equity | 11.8M | 12.1M | 45.7M | 46.4M | 47.3M | 49.6M | |
Other Current Assets | (16.4M) | 89.3K | 493.2K | 24.4M | 49.9M | 52.4M | |
Short Long Term Debt Total | 24.4M | 23.8M | 23.3M | 38.3M | 35.8M | 18.3M | |
Other Current Liab | 169.3K | 80.6K | (580.0K) | (2.7K) | 2.8M | 2.9M | |
Current Deferred Revenue | 42.8K | 32.9K | 29.3K | (43.0M) | (38.7M) | (36.8M) | |
Long Term Debt | 23.8M | 23.2M | 22.6M | 37.2M | 42.8M | 44.9M | |
Non Current Liabilities Total | 23.8M | 24.6M | 26.2M | 38.1M | 38.7M | 40.6M | |
Short Term Debt | 564.7K | 605.3K | 641.2K | (352.7K) | 15.0M | 15.8M | |
Other Liab | 32.9K | 143.7K | 1.4M | 3.5M | 4.0M | 4.2M | |
Net Tangible Assets | 8.4M | 9.5M | 8.4M | 46.1M | 53.0M | 55.6M | |
Retained Earnings Total Equity | (3.5M) | (2.9M) | (2.3M) | (361.0K) | (415.1K) | (435.9K) | |
Long Term Debt Total | 23.8M | 23.2M | 22.6M | 37.2M | 42.8M | 44.9M | |
Capital Surpluse | 11.8M | 12.1M | 45.7M | 46.4M | 53.3M | 56.0M | |
Intangible Assets | 3.6M | 3.4M | 3.8M | 2.7M | 2.5M | 2.7M | |
Property Plant Equipment | 8.5M | 20.7M | 75.5M | 63.6M | 73.1M | 76.7M |
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When running Power REIT's price analysis, check to measure Power REIT'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 REIT is operating at the current time. Most of Power REIT's value examination focuses on studying past and present price action to predict the probability of Power REIT'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 REIT's price. Additionally, you may evaluate how the addition of Power REIT to your portfolios can decrease your overall portfolio volatility.