Plymouth Total Current Liabilities vs Common Stock Total Equity Analysis

PLYM Stock  USD 20.86  0.42  2.05%   
Plymouth Industrial financial indicator trend analysis is much more than just breaking down Plymouth Industrial REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plymouth Industrial REIT is a good investment. Please check the relationship between Plymouth Industrial Total Current Liabilities and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plymouth Industrial REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plymouth Industrial REIT Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Plymouth Industrial's Total Current Liabilities and Common Stock Total Equity is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Plymouth Industrial REIT, assuming nothing else is changed. The correlation between historical values of Plymouth Industrial's Total Current Liabilities and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Plymouth Industrial REIT are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., Plymouth Industrial's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Plymouth Industrial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Plymouth Industrial REIT are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Plymouth Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plymouth Industrial 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 Plymouth Industrial REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Plymouth Industrial's Issuance Of Capital Stock is very stable compared to the past year. As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Selling General Administrative is likely to drop about 8.2 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses83.6M111.3M107.8M113.2M
Cost Of Revenue47.6M56.6M62.5M59.4M

Plymouth Industrial fundamental ratios Correlations

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0.990.95-0.890.570.570.970.89-0.161.00.80.970.210.910.980.990.960.940.910.57-0.870.95-0.80.890.840.99
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0.630.660.57-0.681.00.550.260.290.60.870.570.160.350.650.620.550.540.670.51-0.680.48-0.650.590.780.57
0.630.660.57-0.681.00.550.260.290.60.870.570.160.350.650.620.550.540.670.5-0.680.48-0.650.590.780.57
0.980.970.97-0.80.550.550.85-0.260.970.751.00.310.930.980.980.990.980.850.4-0.770.99-0.850.880.760.99
0.850.770.89-0.760.260.260.85-0.220.880.570.850.30.820.830.860.830.830.790.42-0.750.87-0.550.670.60.87
-0.11-0.06-0.16-0.060.290.29-0.26-0.22-0.140.3-0.210.01-0.41-0.12-0.12-0.16-0.190.140.12-0.09-0.3-0.1-0.130.3-0.25
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0.840.840.8-0.890.870.870.750.570.30.810.770.320.630.850.830.780.730.890.65-0.890.68-0.830.760.960.77
0.990.980.97-0.810.570.571.00.85-0.210.970.770.320.920.990.990.990.980.860.41-0.790.99-0.870.890.790.99
0.290.380.21-0.250.160.160.310.30.010.220.320.320.360.330.290.330.30.25-0.26-0.240.28-0.310.130.230.29
0.910.880.91-0.760.350.350.930.82-0.410.910.630.920.360.910.910.920.870.750.4-0.740.91-0.750.830.690.94
1.00.980.98-0.880.650.650.980.83-0.120.990.850.990.330.911.00.980.950.910.5-0.870.95-0.870.90.870.99
1.00.980.99-0.880.620.620.980.86-0.120.990.830.990.290.911.00.980.950.910.51-0.870.96-0.850.90.860.99
0.980.980.96-0.80.550.550.990.83-0.160.960.780.990.330.920.980.980.970.870.39-0.780.97-0.90.880.80.98
0.950.940.94-0.750.540.540.980.83-0.190.940.730.980.30.870.950.950.970.830.35-0.730.98-0.840.870.730.95
0.910.880.91-0.910.670.670.850.790.140.910.890.860.250.750.910.910.870.830.65-0.910.81-0.790.760.910.87
0.520.390.57-0.760.510.50.40.420.120.570.650.41-0.260.40.50.510.390.350.65-0.770.34-0.330.520.680.48
-0.87-0.79-0.871.0-0.68-0.68-0.77-0.75-0.09-0.89-0.89-0.79-0.24-0.74-0.87-0.87-0.78-0.73-0.91-0.77-0.710.67-0.73-0.9-0.83
0.950.940.95-0.740.480.480.990.87-0.30.950.680.990.280.910.950.960.970.980.810.34-0.71-0.810.850.690.97
-0.86-0.91-0.80.69-0.65-0.65-0.85-0.55-0.1-0.81-0.83-0.87-0.31-0.75-0.87-0.85-0.9-0.84-0.79-0.330.67-0.81-0.82-0.85-0.82
0.90.890.89-0.750.590.590.880.67-0.130.890.760.890.130.830.90.90.880.870.760.52-0.730.85-0.820.820.89
0.860.860.84-0.90.780.780.760.60.30.850.960.790.230.690.870.860.80.730.910.68-0.90.69-0.850.820.8
0.990.960.99-0.850.570.570.990.87-0.250.990.770.990.290.940.990.990.980.950.870.48-0.830.97-0.820.890.8
Click cells to compare fundamentals

Plymouth Industrial Account Relationship Matchups

Plymouth Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets685.5M920.3M1.3B1.5B1.4B1.5B
Total Stockholder Equity236.7M334.4M498.7M517.8M483.0M507.2M
Net Debt387.0M504.7M646.8M905.6M858.1M901.0M
Retained Earnings(148.4M)(162.3M)(177.3M)(194.2M)(182.6M)(173.5M)
Cash10.5M15.7M43.4M11.0M14.5M11.5M
Cash And Short Term Investments10.5M15.7M43.4M11.0M14.5M11.5M
Common Stock Total Equity141K253K361K428K492.2K516.8K
Liabilities And Stockholders Equity685.5M920.3M1.3B1.5B1.4B1.5B
Other Stockholder Equity256.3M360.8M532.7M635.1M(797.0M)(757.1M)
Total Liab442.1M581.1M767.3M998.1M953.7M1.0B
Total Current Assets22.4M32.1M43.4M31.2M26.2M17.5M
Common Stock141K253K361K428K452K474.6K
Other Current Liab453K49.3M(38M)1.5M1.4M1.5M
Total Current Liabilities115.2M139.3M66.9M150.1M229.3M240.8M
Noncontrolling Interest In Consolidated Entity6.8M4.8M4.8M5.4M6.2M4.8M
Accounts Payable36.3M49.3M66.9M72.6M73.9M77.6M
Non Current Assets Total663.1M888.2M1.2B1.5B1.4B1.5B
Non Currrent Assets Other603.9M815.4M1.1B1.4B1.4B1.4B
Other Assets12.0M838.5M1.2B1.4B1.4B1.4B
Long Term Debt397.5M428.2M649.9M836.9M714.9M360.5M
Retained Earnings Total Equity(148.4M)(162.3M)(177.3M)(194.2M)(174.8M)(166.1M)
Common Stock Shares Outstanding8.5M18.4M30.9M39.8M43.6M45.8M
Other Current Assets(22.4M)(32.1M)(43.4M)(31.2M)(26.2M)(24.9M)
Intangible Assets57.1M66.1M75.9M70.7M51.5M39.6M
Property Plant Equipment594.0M788.4M1.1B1.4B1.6B1.6B
Net Tangible Assets50.9M334.4M498.7M517.8M595.5M625.3M
Non Current Liabilities Total326.9M441.7M700.4M848.0M724.4M417.1M
Capital Surpluse256.3M360.8M532.7M635.1M730.3M766.8M
Short Long Term Debt Total397.5M520.4M690.1M916.6M872.5M492.3M
Other Liab8.8M12.1M16.3M9.5M11.0M8.2M
Property Plant And Equipment Net2.1M7.2M6.6M5.7M4.8M4.6M
Short Long Term Debt78.9M90M38M77.5M155.4M81.2M
Non Current Liabilities Other8.3M13.6M2.2M11.2M12.8M11.7M

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When determining whether Plymouth Industrial REIT is a strong investment it is important to analyze Plymouth Industrial'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 Plymouth Industrial's future performance. For an informed investment choice regarding Plymouth 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 Plymouth Industrial REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Plymouth Industrial'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 Plymouth Industrial. If investors know Plymouth 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 Plymouth Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.915
Earnings Share
0.44
Revenue Per Share
4.547
Quarterly Revenue Growth
0.017
Return On Assets
0.0132
The market value of Plymouth Industrial REIT is measured differently than its book value, which is the value of Plymouth that is recorded on the company's balance sheet. Investors also form their own opinion of Plymouth Industrial's value that differs from its market value or its book value, called intrinsic value, which is Plymouth Industrial'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 Plymouth Industrial's market value can be influenced by many factors that don't directly affect Plymouth Industrial'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 Plymouth Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plymouth Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plymouth Industrial'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.