Power Intangible Assets vs Net Tangible Assets Analysis
PW Stock | USD 1.07 0.04 3.88% |
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 Intangible Assets and its Net Tangible 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.
Intangible Assets vs Net Tangible Assets
Intangible Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power REIT Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Power REIT's Intangible Assets and Net Tangible Assets is -0.02. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible 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 Intangible Assets and Net Tangible 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 Intangible Assets of Power REIT are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Power REIT's Intangible Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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
Click cells to compare fundamentals
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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