Photronics Historical Balance Sheet

PLAB Stock  USD 26.32  1.94  6.86%   
Trend analysis of Photronics balance sheet accounts such as Total Stockholder Equity of 1.2 B, Property Plant And Equipment Net of 856.4 M, Retained Earnings of 677.6 M or Cash of 602.9 M provides information on Photronics' total assets, liabilities, and equity, which is the actual value of Photronics to its prevalent stockholders. By breaking down trends over time using Photronics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Photronics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Photronics is a good buy for the upcoming year.

Photronics Inventory

60.33 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Photronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.

About Photronics Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Photronics at a specified time, usually calculated after every quarter, six months, or one year. Photronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Photronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Photronics currently owns. An asset can also be divided into two categories, current and non-current.

Photronics Balance Sheet Chart

Photronics Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Photronics uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Photronics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 215.7 M, whereas Short and Long Term Debt Total is forecasted to decline to about 26.9 M.

Total Assets

Total assets refers to the total amount of Photronics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Photronics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Photronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Photronics 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.

Accounts Payable

An accounting item on the balance sheet that represents Photronics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Photronics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most accounts from Photronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Photronics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Photronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.At present, Photronics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 215.7 M, whereas Short and Long Term Debt Total is forecasted to decline to about 26.9 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total42.3M24.6M28.3M26.9M
Total Assets1.3B1.5B1.8B1.8B

Photronics balance sheet Correlations

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0.95-0.380.830.870.930.94-0.830.940.870.630.30.880.26-0.020.940.640.360.50.810.960.010.66-0.640.40.2
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0.150.820.030.010.130.110.31-0.170.030.22-0.140.02-0.020.29-0.05-0.060.270.630.020.0-0.160.030.630.25-0.4
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0.620.560.360.670.580.63-0.130.270.370.830.070.370.50.670.630.450.440.720.290.440.270.760.210.68-0.33
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0.070.21-0.110.440.050.130.1-0.11-0.060.220.04-0.070.010.37-0.16-0.030.140.240.27-0.14-0.040.390.120.3-0.31
0.710.060.390.820.70.77-0.430.470.460.930.390.460.660.70.030.660.660.780.760.360.570.39-0.20.78-0.26
-0.430.85-0.53-0.42-0.41-0.440.67-0.74-0.46-0.08-0.38-0.48-0.640.360.63-0.7-0.420.230.21-0.51-0.570.12-0.20.22-0.52
0.570.30.10.520.620.64-0.310.190.40.860.280.380.40.950.250.340.340.970.680.160.410.30.780.22-0.56
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Photronics Account Relationship Matchups

Photronics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.3B1.5B1.8B1.8B
Short Long Term Debt Total70.8M111.7M42.3M24.6M28.3M26.9M
Other Current Liab43.7M57.6M85.3M178.6M205.4M215.7M
Total Current Liabilities142.9M176.1M193.8M185.2M213.0M223.7M
Total Stockholder Equity805.0M823.7M831.5M975.0M1.1B1.2B
Property Plant And Equipment Net631.5M696.6M643.9M709.2M815.6M856.4M
Net Debt(207.8M)(165.0M)(277.3M)(474.7M)(427.2M)(405.8M)
Retained Earnings279.0M317.8M435.6M561.1M645.3M677.6M
Cash278.7M276.7M319.7M499.3M574.2M602.9M
Non Current Assets Total688.0M743.6M671.2M740.8M851.9M446.0M
Non Currrent Assets Other28.2M46.3M7.5M10.2M11.8M19.7M
Cash And Short Term Investments278.7M276.7M358.5M512.2M589.0M618.5M
Net Receivables157.3M174.4M198.1M194.9M224.2M235.4M
Common Stock Shares Outstanding65.5M62.0M61.2M61.8M71.0M45.1M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.5B1.8B1.8B
Non Current Liabilities Total83.0M117.5M59.9M65.4M75.2M126.3M
Inventory57.3M55.2M50.8M50.0M57.5M60.3M
Other Current Assets608K44.3M37.3M28.4M32.6M34.2M
Other Stockholder Equity507.3M484.7M493.7M502.0M577.3M296.7M
Total Liab225.9M293.6M253.7M250.6M288.2M219.2M
Property Plant And Equipment Gross631.5M696.6M643.9M2.2B2.5B2.7B
Total Current Assets500.1M550.6M644.7M785.5M903.3M948.4M
Accumulated Other Comprehensive Income18.0M20.6M(98.5M)(88.7M)(102.0M)(96.9M)
Short Term Debt15.9M22.2M10.0M6.6M7.6M13.0M
Accounts Payable75.4M81.5M79.6M84.0M96.6M55.3M
Intangible Assets12.4M7.9M3.4M774K696.6K661.8K
Common Stock Total Equity697K656K631K608K699.2K528.5K
Common Stock631K600K608K613K705.0K538.1K
Other Liab13.7M28.0M28.0M27.6M31.8M33.4M
Other Assets50.8M53.1M46.3M27.3M24.6M22.4M
Long Term Debt55.0M89.4M32.3M18.0M16.2M15.4M
Property Plant Equipment632.4M631.5M696.6M643.9M740.5M528.7M
Current Deferred Revenue8.0M14.7M18.9M(84.0M)(75.6M)(71.8M)
Net Tangible Assets769.9M805.0M822.9M831.5M956.3M766.9M
Noncontrolling Interest In Consolidated Entity141.2M157.3M176.9M230.6M265.1M278.4M
Retained Earnings Total Equity253.9M279.0M317.8M435.6M501.0M526.0M

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When determining whether Photronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Photronics' 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 Photronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Photronics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Photronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.
Note that the Photronics information on this page should be used as a complementary analysis to other Photronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Photronics' 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 Photronics. If investors know Photronics 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 Photronics 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
0.829
Earnings Share
2.07
Revenue Per Share
14.643
Quarterly Revenue Growth
0.025
Return On Assets
0.1052
The market value of Photronics is measured differently than its book value, which is the value of Photronics that is recorded on the company's balance sheet. Investors also form their own opinion of Photronics' value that differs from its market value or its book value, called intrinsic value, which is Photronics' 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 Photronics' market value can be influenced by many factors that don't directly affect Photronics' 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 Photronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Photronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Photronics' 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.