Planet Historical Income Statement
| YIBO Stock | 3.43 0.10 3.00% |
Historical analysis of Planet Image income statement accounts such as Tax Provision of 882 K, Depreciation And Amortization of 2.7 M, Interest Expense of 802.6 K or Selling General Administrative of 8.8 M can show how well Planet Image International performed in making a profits. Evaluating Planet Image income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Planet Image's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Planet Image Interna latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Planet Image Interna is a good buy for the upcoming year.
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About Planet Income Statement Analysis
Planet Image Interna Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Planet Image shareholders. The income statement also shows Planet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Planet Image Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Planet Image Interna generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Planet Image's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Planet Image Interna current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Planet Image International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Planet Image's Total Operating Expenses is very stable compared to the past year. As of the 29th of November 2024, Reconciled Depreciation is likely to grow to about 2.7 M, while Net Interest Income is likely to drop (567 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.2M | 1.2M | 540K | 802.6K | Depreciation And Amortization | 2.5M | 2.4M | 2.5M | 2.7M |
Planet Image income statement Correlations
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Planet Image Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Planet Image
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Planet Image position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Planet Image will appreciate offsetting losses from the drop in the long position's value.Moving against Planet Stock
| 0.67 | EFX | Equifax | PairCorr |
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| 0.64 | SMX | SMX Public Limited | PairCorr |
| 0.62 | WHLM | Wilhelmina | PairCorr |
| 0.59 | DLHC | DLH Holdings Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Planet Image could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Image when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Planet Image - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Planet Image International to buy it.
The correlation of Planet Image is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Planet Image moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Image Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Planet Image can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Planet Image International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Commercial Services & Supplies 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 Planet Image. If investors know Planet 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 Planet Image 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 (0.13) | Earnings Share 0.15 | Revenue Per Share 3.249 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0429 |
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image'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 Planet Image's market value can be influenced by many factors that don't directly affect Planet Image'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 Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image'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.