Plug Other Current Assets from 2010 to 2024

PLUG Stock  USD 2.90  0.10  3.33%   
Plug Power's Other Current Assets are increasing over the last several years with slightly volatile swings. Other Current Assets are estimated to finish at about 109.3 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1999-09-30
Previous Quarter
104.1 M
Current Value
119.4 M
Quarterly Volatility
41.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plug Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plug Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.6 M, Interest Expense of 56.1 M or Total Revenue of 935.9 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 0.88. Plug financial statements analysis is a perfect complement when working with Plug Power Valuation or Volatility modules.
  
Check out the analysis of Plug Power Correlation against competitors.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

Latest Plug Power's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Plug Power over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Plug Power's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plug Power's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Plug Other Current Assets Regression Statistics

Arithmetic Mean36,568,900
Geometric Mean12,365,383
Coefficient Of Variation130.87
Mean Deviation38,176,254
Median11,837,000
Standard Deviation47,855,972
Sample Variance2290.2T
Range150M
R-Value0.83
Mean Square Error758.2T
R-Squared0.69
Significance0.0001
Slope8,905,452
Total Sum of Squares32062.7T

Plug Other Current Assets History

2024109.3 M
2023104.1 M
2022150.4 M
202159.9 M
202045.5 M
201921.2 M
20189.9 M

About Plug Power Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Plug Power income statement, its balance sheet, and the statement of cash flows. Plug Power investors use historical funamental indicators, such as Plug Power's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Plug Power investors may use each financial statement separately, they are all related. The changes in Plug Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Plug Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Plug Power Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Plug Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets104.1 M109.3 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Plug Stock

When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:
Check out the analysis of Plug Power Correlation against competitors.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Electrical Components & 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 Plug Power. If investors know Plug 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 Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.41)
Revenue Per Share
1.317
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.13)
Return On Equity
(0.43)
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug 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 Plug Power's market value can be influenced by many factors that don't directly affect Plug 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 Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug 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.