Power Other Stockholder Equity vs Non Currrent Assets Other Analysis

POW Stock  CAD 39.57  0.36  0.92%   
Power financial indicator trend analysis is much more than just breaking down Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power is a good investment. Please check the relationship between Power Other Stockholder Equity and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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 board of governors.

Other Stockholder Equity vs Non Currrent Assets Other

Other Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Other Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Power's Other Stockholder Equity and Non Currrent Assets Other is -0.76. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Power, assuming nothing else is changed. The correlation between historical values of Power's Other Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Power are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Stockholder Equity i.e., Power's Other Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Other Stockholder Equity

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 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 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 board of governors.
At this time, Power's Tax Provision is very stable compared to the past year. As of the 2nd of June 2024, Enterprise Value Over EBITDA is likely to grow to 1,122, while Selling General Administrative is likely to drop about 5.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit69.6B48.7B56.0B35.1B
Total Revenue69.6B48.7B23.7B34.7B

Power fundamental ratios Correlations

0.950.820.950.780.570.950.690.340.470.921.00.960.460.78-0.720.680.020.86-0.840.980.840.860.860.910.79
0.950.760.870.90.670.970.50.410.280.850.950.910.310.79-0.820.780.170.82-0.880.910.730.710.710.850.78
0.820.760.70.720.660.790.780.390.480.820.820.770.230.84-0.710.780.190.95-0.870.740.50.690.70.950.84
0.950.870.70.610.360.840.710.330.640.890.960.970.640.59-0.590.55-0.130.79-0.660.980.920.910.910.830.7
0.780.90.720.610.830.870.290.420.050.680.770.70.050.83-0.870.830.320.73-0.910.670.430.420.420.720.79
0.570.670.660.360.830.740.070.22-0.210.40.550.45-0.290.89-0.740.760.280.59-0.870.410.180.110.110.60.68
0.950.970.790.840.870.740.490.350.190.840.940.880.180.86-0.80.760.170.81-0.930.880.680.690.690.860.76
0.690.50.780.710.290.070.490.180.810.780.690.680.640.42-0.290.34-0.150.76-0.440.720.630.890.890.780.57
0.340.410.390.330.420.220.350.180.320.480.340.510.030.23-0.70.690.750.57-0.430.270.070.240.240.420.54
0.470.280.480.640.05-0.210.190.810.320.60.480.60.840.04-0.160.21-0.210.57-0.110.560.570.720.720.50.46
0.920.850.820.890.680.40.840.780.480.60.920.940.510.61-0.720.680.150.88-0.760.90.690.880.890.860.82
1.00.950.820.960.770.550.940.690.340.480.920.960.480.76-0.710.670.010.86-0.830.980.840.870.870.910.79
0.960.910.770.970.70.450.880.680.510.60.940.960.530.65-0.730.690.070.86-0.760.960.810.860.860.860.79
0.460.310.230.640.05-0.290.180.640.030.840.510.480.53-0.09-0.050.03-0.40.360.020.60.740.680.680.340.32
0.780.790.840.590.830.890.860.420.230.040.610.760.65-0.09-0.710.720.160.75-0.950.640.430.460.460.830.74
-0.72-0.82-0.71-0.59-0.87-0.74-0.8-0.29-0.7-0.16-0.72-0.71-0.73-0.05-0.71-0.96-0.6-0.80.87-0.61-0.35-0.4-0.4-0.72-0.86
0.680.780.780.550.830.760.760.340.690.210.680.670.690.030.72-0.960.590.85-0.850.570.320.380.380.770.83
0.020.170.19-0.130.320.280.17-0.150.75-0.210.150.010.07-0.40.16-0.60.590.29-0.34-0.1-0.32-0.15-0.150.170.28
0.860.820.950.790.730.590.810.760.570.570.880.860.860.360.75-0.80.850.29-0.840.80.60.740.740.960.88
-0.84-0.88-0.87-0.66-0.91-0.87-0.93-0.44-0.43-0.11-0.76-0.83-0.760.02-0.950.87-0.85-0.34-0.84-0.72-0.44-0.53-0.53-0.86-0.85
0.980.910.740.980.670.410.880.720.270.560.90.980.960.60.64-0.610.57-0.10.8-0.720.910.910.910.860.7
0.840.730.50.920.430.180.680.630.070.570.690.840.810.740.43-0.350.32-0.320.6-0.440.910.850.850.690.47
0.860.710.690.910.420.110.690.890.240.720.880.870.860.680.46-0.40.38-0.150.74-0.530.910.851.00.80.57
0.860.710.70.910.420.110.690.890.240.720.890.870.860.680.46-0.40.38-0.150.74-0.530.910.851.00.80.57
0.910.850.950.830.720.60.860.780.420.50.860.910.860.340.83-0.720.770.170.96-0.860.860.690.80.80.8
0.790.780.840.70.790.680.760.570.540.460.820.790.790.320.74-0.860.830.280.88-0.850.70.470.570.570.8
Click cells to compare fundamentals

Power Account Relationship Matchups

Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets477.3B629.1B661.6B733.7B749.5B787.0B
Short Long Term Debt Total18.3B21.5B19.5B21.2B24.4B25.6B
Total Stockholder Equity14.2B22.2B24.3B24.0B22.1B11.5B
Property Plant And Equipment Net3.1B3.2B3.7B4.4B5.1B5.3B
Net Debt11.4B12.1B11.4B12.3B11.1B11.6B
Retained Earnings10.8B8.7B10.8B11.1B10.0B8.0B
Non Current Assets Total153.0B181.4B189.7B178.2B204.9B215.2B
Common Stock Shares Outstanding466.1M437.9M647.6M681.6M652.2M540.5M
Liabilities And Stockholders Equity477.3B629.1B661.6B733.7B843.7B885.9B
Non Current Liabilities Total18.6B20.3B4.2B4.4B5.0B4.3B
Other Current Assets22.5B25.6B27.3B34.2B30.8B18.5B
Other Stockholder Equity1.7B3.0B3.0B2.3B2.6B2.8B
Total Liab440.7B590.4B617.9B689.5B708.2B743.6B
Property Plant And Equipment Gross1.7B1.9B3.1B3.2B3.7B3.9B
Total Current Assets13.8B16.8B15.7B30.7B27.6B29.0B
Accumulated Other Comprehensive Income1.7B3.0B3.0B2.5B2.9B3.0B
Intangible Assets5.8B6.3B7.6B8.3B6.7B5.7B
Other Current Liab(5.5B)(5.8B)(4.2B)(4.4B)(3.9B)(4.1B)
Total Current Liabilities5.5B5.8B4.2B4.4B5.0B2.9B
Short Term Debt1.5B2.6B407M274M315.1M299.3M
Cash6.8B9.5B8.2B8.9B9.1B5.6B
Non Currrent Assets Other(153.0B)(181.4B)(189.7B)(178.2B)(160.4B)(152.3B)
Other Assets310.4B430.9B456.2B524.8B603.5B633.7B
Cash And Short Term Investments6.8B9.5B8.2B22.2B25.6B26.9B
Common Stock Total Equity717M766M726M9.6B11.0B11.5B
Common Stock726M9.6B9.6B9.5B10.9B11.5B
Good Will10.3B14.0B13.0B14.6B14.6B11.1B
Net Receivables7.0B7.3B7.6B8.4B5.6B5.8B
Accounts Payable4.0B3.2B3.8B4.1B4.0B3.4B
Other Liab416.6B563.1B592.2B655.3B753.6B479.8B
Net Tangible Assets(3.0B)1.0B2.8B166M190.9M200.4M
Long Term Debt16.9B11.9B13.2B20.0B16.8B17.1B
Long Term Investments133.8B157.9B165.4B150.9B228.7B133.6B
Short Long Term Debt1.2B2.6B407M274M3.5B3.9B
Property Plant Equipment3.1B3.2B3.7B4.4B5.1B2.6B
Long Term Debt Total17.9B19.6B19.1B20.9B24.0B19.7B
Cash And Equivalents3.2B6.0B4.6B4.6B5.3B4.3B
Net Invested Capital23.5B35.8B37.0B43.3B32.1B34.6B

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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 board of governors.
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