Plug Non Current Assets Total vs Non Current Liabilities Total Analysis
| PLUG Stock | USD 3.33 0.03 0.91% |
Plug Power financial indicator trend analysis is much more than just breaking down Plug Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plug Power is a good investment. Please check the relationship between Plug Power Non Current Assets Total and its Non Current Liabilities Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
Non Current Assets Total vs Non Current Liabilities Total
Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Plug Power's Non Current Assets Total and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Plug Power, assuming nothing else is changed. The correlation between historical values of Plug Power's Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Plug Power are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., Plug Power's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Non Current Liabilities Total
Most indicators from Plug Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plug Power 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 Plug Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.At this time, Plug Power's Enterprise Value is most likely to increase significantly in the upcoming years.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 244.6M | 463.5M | 536.2M | 563.0M | Cost Of Revenue | 673.7M | 895.8M | 1.4B | 1.5B |
Plug Power fundamental ratios Correlations
Click cells to compare fundamentals
Plug Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plug Power fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 771.2M | 2.4B | 6.0B | 5.8B | 4.9B | 5.1B | |
| Other Current Liab | 15.5M | 66.3M | 119.0M | 190.5M | 343.0M | 360.1M | |
| Total Current Liabilities | 150.8M | 236.0M | 420.6M | 635.3M | 964.8M | 1.0B | |
| Total Stockholder Equity | 134.7M | 1.5B | 4.6B | 4.1B | 2.9B | 3.0B | |
| Property Plant And Equipment Net | 259.7M | 436.3M | 573.6M | 1.2B | 2.0B | 2.1B | |
| Net Debt | 397.7M | (597.3M) | (1.7B) | 208.1M | 617.3M | 648.1M | |
| Retained Earnings | (1.3B) | (1.9B) | (2.4B) | (3.1B) | (4.5B) | (4.3B) | |
| Accounts Payable | 47.6M | 50.0M | 92.3M | 191.9M | 257.8M | 270.7M | |
| Cash | 139.5M | 1.3B | 2.5B | 690.6M | 351.6M | 250.2M | |
| Non Current Assets Total | 457.8M | 813.2M | 1.5B | 2.5B | 3.1B | 3.3B | |
| Cash And Short Term Investments | 139.5M | 1.3B | 3.9B | 2.2B | 351.6M | 405.8M | |
| Net Receivables | 25.4M | 42.8M | 131.3M | 191.9M | 370.1M | 388.6M | |
| Common Stock Shares Outstanding | 237.2M | 354.8M | 558.2M | 579.7M | 595.5M | 625.2M | |
| Liabilities And Stockholders Equity | 771.2M | 2.4B | 6.0B | 5.8B | 4.9B | 5.1B | |
| Non Current Liabilities Total | 485.7M | 674.1M | 923.8M | 1.1B | 1.0B | 1.1B | |
| Other Stockholder Equity | 1.5B | 2.1B | 7.0B | 7.2B | 7.4B | 7.8B | |
| Total Liab | 636.5M | 910.1M | 1.3B | 1.7B | 2.0B | 2.1B | |
| Property Plant And Equipment Gross | 259.7M | 273.1M | 573.6M | 1.2B | 2.1B | 2.2B | |
| Total Current Assets | 313.3M | 1.6B | 4.4B | 3.3B | 1.8B | 1.9B | |
| Accumulated Other Comprehensive Income | 1.4M | 2.6M | (1.5M) | (26.0M) | (6.8M) | (6.5M) | |
| Short Long Term Debt Total | 537.2M | 715.1M | 810.1M | 898.7M | 968.9M | 1.0B | |
| Non Currrent Assets Other | 183.8M | 265.7M | 536.3M | 748.3M | 40.9M | 38.8M | |
| Common Stock Total Equity | 3.2M | 4.7M | 5.9M | 6.1M | 7.0M | 7.3M | |
| Inventory | 72.4M | 139.4M | 269.2M | 645.6M | 961.3M | 1.0B | |
| Other Current Assets | 21.2M | 45.6M | 59.9M | 150.4M | 104.1M | 109.3M | |
| Short Term Debt | 76.0M | 96.4M | 92.8M | 121.1M | 159.9M | 167.9M | |
| Common Stock | 3.2M | 4.7M | 5.9M | 6.1M | 6.3M | 6.6M | |
| Other Liab | 117.3M | 55.3M | 206.5M | 291.1M | 334.8M | 351.5M | |
| Other Assets | 183.8M | 265.7M | 609.4M | 837.6M | 963.2M | 1.0B | |
| Long Term Debt | 110.2M | 85.6M | 305.4M | 193.9M | 196.5M | 206.3M | |
| Intangible Assets | 5.5M | 38.9M | 158.2M | 207.7M | 188.9M | 353.4M | |
| Property Plant Equipment | 259.7M | 436.3M | 255.6M | 719.8M | 827.8M | 869.2M | |
| Current Deferred Revenue | 11.7M | 23.3M | 116.4M | 131.8M | 204.1M | 214.3M | |
| Good Will | 9.4M | 9.0M | 8.8M | 72.4M | 220.4M | 248.6M | |
| Treasury Stock | (30.6M) | (31.2M) | (40.4M) | (72.5M) | (65.3M) | (62.0M) | |
| Net Tangible Assets | 121.4M | 1.4B | 4.2B | 3.6B | 4.1B | 4.4B | |
| Retained Earnings Total Equity | (1.3B) | (1.9B) | (2.4B) | (3.1B) | (2.8B) | (2.7B) | |
| Capital Surpluse | 1.5B | 3.4B | 7.1B | 7.3B | 8.4B | 8.8B |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Plug Power's price analysis, check to measure Plug Power'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 Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.
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Is Plug Power's industry 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.