Perma Net Tangible Assets vs Accumulated Depreciation Analysis

PESI Stock  USD 12.40  0.52  4.02%   
Perma Fix financial indicator trend analysis is much more than just breaking down Perma Fix Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perma Fix Environmental is a good investment. Please check the relationship between Perma Fix Net Tangible Assets and its Accumulated Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Fix Environmental Svcs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Net Tangible Assets vs Accumulated Depreciation

Net Tangible Assets vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perma Fix Environmental Net Tangible Assets account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Perma Fix's Net Tangible Assets and Accumulated Depreciation is -0.13. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Perma Fix Environmental Svcs, assuming nothing else is changed. The correlation between historical values of Perma Fix's Net Tangible Assets and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Perma Fix Environmental Svcs are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Tangible Assets i.e., Perma Fix's Net Tangible Assets and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Perma Fix Environmental Svcs fixed asset that has been charged to Perma Fix expense since that asset was acquired and made available for Perma Fix use. The accumulated depreciation account is Perma Fix Environmental asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Perma Fix Environmental.
Most indicators from Perma Fix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perma Fix Environmental 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 Perma Fix Environmental Svcs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
As of now, Perma Fix's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit6.8M9.6M16.3M16.2M
Total Revenue72.2M70.6M89.7M70.3M

Perma Fix fundamental ratios Correlations

0.740.820.990.970.360.260.570.640.970.640.80.480.320.960.840.20.4-0.390.920.480.640.140.580.470.7
0.740.480.710.70.780.270.220.380.770.380.490.250.430.740.510.71-0.18-0.120.890.210.76-0.10.120.040.38
0.820.480.740.820.05-0.110.860.720.690.720.960.680.320.920.950.010.53-0.420.610.610.390.230.440.50.41
0.990.710.740.950.360.370.50.590.980.590.720.390.240.90.780.160.39-0.380.90.450.630.120.640.480.78
0.970.70.820.950.280.180.560.650.950.650.790.460.30.940.810.120.44-0.380.890.430.540.280.490.540.61
0.360.780.050.360.280.16-0.19-0.270.47-0.270.040.180.530.330.020.73-0.390.110.58-0.040.59-0.54-0.13-0.330.12
0.260.27-0.110.370.180.16-0.150.210.320.21-0.08-0.65-0.590.060.080.020.07-0.220.27-0.040.31-0.20.36-0.040.78
0.570.220.860.50.56-0.19-0.150.690.390.690.890.570.070.660.88-0.080.4-0.410.290.710.090.290.460.580.26
0.640.380.720.590.65-0.270.210.690.51.00.740.17-0.130.670.830.020.34-0.410.490.470.340.590.440.570.47
0.970.770.690.980.950.470.320.390.50.50.650.410.350.90.70.230.34-0.310.950.350.660.080.550.380.72
0.640.380.720.590.65-0.270.210.691.00.50.740.17-0.130.670.830.020.34-0.410.490.470.340.590.440.570.47
0.80.490.960.720.790.04-0.080.890.740.650.740.620.250.880.960.060.44-0.380.60.630.380.20.490.510.42
0.480.250.680.390.460.18-0.650.570.170.410.170.620.770.60.540.130.22-0.120.350.480.20.140.180.4-0.12
0.320.430.320.240.30.53-0.590.07-0.130.35-0.130.250.770.440.180.4-0.070.090.440.180.44-0.09-0.17-0.01-0.29
0.960.740.920.90.940.330.060.660.670.90.670.880.60.440.890.220.41-0.370.880.510.630.160.460.420.53
0.840.510.950.780.810.020.080.880.830.70.830.960.540.180.890.060.46-0.50.630.690.470.270.530.580.52
0.20.710.010.160.120.730.02-0.080.020.230.020.060.130.40.220.06-0.780.10.40.110.52-0.19-0.16-0.2-0.1
0.4-0.180.530.390.44-0.390.070.40.340.340.340.440.22-0.070.410.46-0.78-0.310.180.16-0.030.140.370.310.45
-0.39-0.12-0.42-0.38-0.380.11-0.22-0.41-0.41-0.31-0.41-0.38-0.120.09-0.37-0.50.1-0.31-0.24-0.81-0.46-0.15-0.39-0.41-0.4
0.920.890.610.90.890.580.270.290.490.950.490.60.350.440.880.630.40.18-0.240.270.770.050.390.230.58
0.480.210.610.450.43-0.04-0.040.710.470.350.470.630.480.180.510.690.110.16-0.810.270.40.170.470.540.27
0.640.760.390.630.540.590.310.090.340.660.340.380.20.440.630.470.52-0.03-0.460.770.4-0.220.27-0.010.46
0.14-0.10.230.120.28-0.54-0.20.290.590.080.590.20.14-0.090.160.27-0.190.14-0.150.050.17-0.220.040.72-0.09
0.580.120.440.640.49-0.130.360.460.440.550.440.490.18-0.170.460.53-0.160.37-0.390.390.470.270.040.380.75
0.470.040.50.480.54-0.33-0.040.580.570.380.570.510.4-0.010.420.58-0.20.31-0.410.230.54-0.010.720.380.25
0.70.380.410.780.610.120.780.260.470.720.470.42-0.12-0.290.530.52-0.10.45-0.40.580.270.46-0.090.750.25
Click cells to compare fundamentals

Perma Fix Account Relationship Matchups

Perma Fix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets66.5M78.9M77.3M70.9M78.7M85.0M
Short Long Term Debt Total7.4M10.3M4.6M3.5M5.9M9.5M
Total Current Liabilities25.1M33.0M25.9M22.7M25.9M23.3M
Total Stockholder Equity30.9M34.2M40.6M37.5M39.4M42.7M
Property Plant And Equipment Net19.1M20.1M21.1M20.9M21.0M29.8M
Net Debt7.0M2.3M205K1.6M(1.6M)(1.6M)
Retained Earnings(77.3M)(74.5M)(73.6M)(77.4M)(77.0M)(73.1M)
Accounts Payable9.3M15.4M12.0M10.3M9.6M7.0M
Cash390K7.9M4.4M1.9M7.5M7.9M
Non Current Assets Total41.4M42.3M47.3M47.4M48.2M61.1M
Cash And Short Term Investments390K7.9M4.4M1.9M7.5M7.9M
Net Receivables21.2M24.1M20.4M15.4M18.2M17.7M
Common Stock Shares Outstanding12.1M12.3M12.7M13.3M13.7M8.9M
Liabilities And Stockholders Equity66.5M78.9M77.3M70.9M78.7M85.0M
Other Stockholder Equity108.4M108.8M114.2M115.1M116.4M97.8M
Total Liab37.3M46.5M36.7M33.4M39.4M42.5M
Total Current Assets25.1M36.6M30.0M23.5M30.6M24.0M
Short Term Debt2.0M4.4M1.1M1.0M1.4M1.4M
Other Current Liab8.4M8.6M7.2M6.5M8.1M7.7M
Non Currrent Assets Other117K81K890K(15.6M)451.0K428.4K
Non Current Liabilities Total12.2M13.5M10.8M10.7M13.4M19.8M
Other Current Assets3.5M4.6M4.5M6.2M3.8M2.9M
Intangible Assets9.9M9.8M10.4M10.2M10.4M9.8M
Inventory104K610K680K814K1.2M1.2M
Good Will17.0M12.3M12.3M16.1M14.5M11.4M
Property Plant And Equipment Gross19.1M20.1M50.0M47.8M51.7M37.2M
Accumulated Other Comprehensive Income(211K)(207K)(28K)(165K)(100K)(105K)
Other Liab7.4M6.8M7.6M7.3M6.6M8.2M
Other Assets12.4M12.4M15.9M1.01.151.09
Long Term Debt2.6M3.1M600K563K2.0M1.9M
Property Plant Equipment16.6M20.1M21.1M19.0M17.1M26.8M
Current Deferred Revenue5.5M4.6M5.6M4.8M6.8M4.8M
Net Tangible Assets21M24.4M30.2M27.3M24.6M23.1M
Noncontrolling Interest In Consolidated Entity(1.2M)(1.5M)(1.6M)(1.7M)(1.6M)(1.5M)
Retained Earnings Total Equity(79.6M)(77.3M)(74.5M)(77.4M)(69.7M)(73.2M)

Currently Active Assets on Macroaxis

When determining whether Perma Fix Environmental offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perma Fix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perma Fix Environmental Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perma Fix Environmental Svcs Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Fix Environmental Svcs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Perma Fix's price analysis, check to measure Perma Fix'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 Perma Fix is operating at the current time. Most of Perma Fix's value examination focuses on studying past and present price action to predict the probability of Perma Fix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perma Fix's price. Additionally, you may evaluate how the addition of Perma Fix to your portfolios can decrease your overall portfolio volatility.
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Is Perma Fix'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 Perma Fix. If investors know Perma 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 Perma Fix 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
(0.48)
Earnings Share
(0.16)
Revenue Per Share
6.127
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.03)
The market value of Perma Fix Environmental is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Fix's value that differs from its market value or its book value, called intrinsic value, which is Perma Fix'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 Perma Fix's market value can be influenced by many factors that don't directly affect Perma Fix'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 Perma Fix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Fix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Fix'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.