Power Accounts Payable vs Total Assets 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 Total Assets 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 Total Assets

Accounts Payable vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Power REIT's Accounts Payable and Total Assets is 0.47. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets 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 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 Accounts Payable of Power REIT 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 Accounts Payable i.e., Power REIT's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Assets

Total assets refers to the total amount of Power REIT 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 Power REIT 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 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

0.940.86-0.53-0.480.60.470.240.930.92-0.080.24-0.02-0.480.750.890.550.940.630.870.430.99-0.90.9-0.480.93
0.940.87-0.3-0.330.410.350.090.750.750.010.090.02-0.330.540.940.640.90.480.710.210.93-0.830.69-0.330.74
0.860.87-0.4-0.390.420.430.10.750.760.040.10.07-0.390.540.920.540.830.510.840.240.87-0.780.7-0.390.74
-0.53-0.3-0.40.3-0.96-0.550.06-0.7-0.760.60.050.110.3-0.8-0.170.23-0.68-0.94-0.52-0.95-0.570.46-0.780.3-0.71
-0.48-0.33-0.390.3-0.25-0.25-0.26-0.57-0.550.07-0.26-0.071.0-0.24-0.45-0.43-0.33-0.2-0.58-0.2-0.430.35-0.521.0-0.56
0.60.410.42-0.96-0.250.46-0.040.710.76-0.71-0.03-0.24-0.250.820.23-0.120.750.950.50.980.62-0.560.8-0.250.73
0.470.350.43-0.55-0.250.46-0.150.520.590.08-0.14-0.08-0.250.470.33-0.10.510.570.450.360.51-0.380.49-0.250.49
0.240.090.10.06-0.26-0.04-0.150.360.110.081.0-0.17-0.260.370.150.370.01-0.250.46-0.030.11-0.120.33-0.260.36
0.930.750.75-0.7-0.570.710.520.360.97-0.170.36-0.06-0.570.860.720.380.860.70.930.590.91-0.850.99-0.571.0
0.920.750.76-0.76-0.550.760.590.110.97-0.190.120.01-0.550.810.710.30.90.810.870.640.93-0.870.96-0.550.96
-0.080.010.040.60.07-0.710.080.08-0.17-0.190.080.440.07-0.330.190.2-0.27-0.530.04-0.78-0.070.04-0.290.08-0.21
0.240.090.10.05-0.26-0.03-0.141.00.360.120.08-0.18-0.260.370.150.370.02-0.240.46-0.020.11-0.120.34-0.270.37
-0.020.020.070.11-0.07-0.24-0.08-0.17-0.060.010.44-0.18-0.07-0.060.090.02-0.05-0.090.03-0.270.020.08-0.08-0.04-0.08
-0.48-0.33-0.390.31.0-0.25-0.25-0.26-0.57-0.550.07-0.26-0.07-0.24-0.45-0.43-0.33-0.2-0.58-0.2-0.430.35-0.521.0-0.56
0.750.540.54-0.8-0.240.820.470.370.860.81-0.330.37-0.06-0.240.420.030.770.770.740.760.74-0.670.9-0.230.87
0.890.940.92-0.17-0.450.230.330.150.720.710.190.150.09-0.450.420.710.780.320.790.030.88-0.810.64-0.450.71
0.550.640.540.23-0.43-0.12-0.10.370.380.30.20.370.02-0.430.030.710.37-0.130.46-0.260.49-0.460.29-0.440.37
0.940.90.83-0.68-0.330.750.510.010.860.9-0.270.02-0.05-0.330.770.780.370.80.740.590.96-0.840.86-0.330.87
0.630.480.51-0.94-0.20.950.57-0.250.70.81-0.53-0.24-0.09-0.20.770.32-0.130.80.50.890.7-0.630.77-0.20.71
0.870.710.84-0.52-0.580.50.450.460.930.870.040.460.03-0.580.740.790.460.740.50.380.84-0.80.89-0.580.92
0.430.210.24-0.95-0.20.980.36-0.030.590.64-0.78-0.02-0.27-0.20.760.03-0.260.590.890.380.45-0.410.7-0.20.62
0.990.930.87-0.57-0.430.620.510.110.910.93-0.070.110.02-0.430.740.880.490.960.70.840.45-0.920.88-0.430.91
-0.9-0.83-0.780.460.35-0.56-0.38-0.12-0.85-0.870.04-0.120.080.35-0.67-0.81-0.46-0.84-0.63-0.8-0.41-0.92-0.820.35-0.86
0.90.690.7-0.78-0.520.80.490.330.990.96-0.290.34-0.08-0.520.90.640.290.860.770.890.70.88-0.82-0.520.99
-0.48-0.33-0.390.31.0-0.25-0.25-0.26-0.57-0.550.08-0.27-0.041.0-0.23-0.45-0.44-0.33-0.2-0.58-0.2-0.430.35-0.52-0.56
0.930.740.74-0.71-0.560.730.490.361.00.96-0.210.37-0.08-0.560.870.710.370.870.710.920.620.91-0.860.99-0.56
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Power REIT Account Relationship Matchups

Power REIT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.7M40.5M85.3M86.2M70.2M73.7M
Total Stockholder Equity13.1M15.2M58.3M44.3M30.8M32.3M
Common Stock Shares Outstanding1.9M2.0M3.3M3.4M3.4M1.9M
Liabilities And Stockholders Equity37.7M40.5M85.3M86.2M70.2M73.7M
Retained Earnings(2.3M)(361.0K)4.1M(10.8M)(25.8M)(24.5M)
Common Stock1.9K1.9K3.4K3.4K3.1K2.9K
Total Current Liabilities818.4K769.4K797.2K3.8M17.8M18.7M
Accounts Payable55.0K83.6K18.2K1.4M741.7K778.8K
Cash15.8M5.6M3.2M2.8M2.2M1.7M
Total Liab24.6M25.3M27.0M41.9M39.4M41.4M
Net Debt8.5M18.2M20.2M35.5M33.6M35.3M
Cash And Short Term Investments15.8M5.6M3.2M2.8M2.2M1.8M
Net Receivables546.2K1.6M2.1M9.6M439.0K417.0K
Common Stock Total Equity1.8K1.9K1.9K1.9K1.7K1.6K
Total Current Assets16.4M7.3M5.8M19.9M24.8M26.0M
Non Current Assets Total21.3M33.2M79.6M66.3M45.4M25.2M
Non Currrent Assets Other9.2M9.2M27.3M9.2M920.0K874.0K
Other Stockholder Equity11.8M12.1M45.7M46.4M47.3M49.6M
Other Current Assets(16.4M)89.3K493.2K24.4M49.9M52.4M
Short Long Term Debt Total24.4M23.8M23.3M38.3M35.8M18.3M
Other Current Liab169.3K80.6K(580.0K)(2.7K)2.8M2.9M
Current Deferred Revenue42.8K32.9K29.3K(43.0M)(38.7M)(36.8M)
Long Term Debt23.8M23.2M22.6M37.2M42.8M44.9M
Non Current Liabilities Total23.8M24.6M26.2M38.1M38.7M40.6M
Short Term Debt564.7K605.3K641.2K(352.7K)15.0M15.8M
Other Liab32.9K143.7K1.4M3.5M4.0M4.2M
Net Tangible Assets8.4M9.5M8.4M46.1M53.0M55.6M
Retained Earnings Total Equity(3.5M)(2.9M)(2.3M)(361.0K)(415.1K)(435.9K)
Long Term Debt Total23.8M23.2M22.6M37.2M42.8M44.9M
Capital Surpluse11.8M12.1M45.7M46.4M53.3M56.0M
Intangible Assets3.6M3.4M3.8M2.7M2.5M2.7M
Property Plant Equipment8.5M20.7M75.5M63.6M73.1M76.7M

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