Photronics Net Income Common Stock vs Cash and Equivalents Analysis
PLAB Stock | USD 26.52 0.62 2.28% |
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.
Photronics |
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. Add Fundamental
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.Most indicators from Photronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Photronics 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 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' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 666.2 M, whereas Selling General Administrative is forecasted to decline to about 52.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 294.2M | 336.2M | 386.6M | 405.9M | Total Revenue | 824.5M | 892.1M | 1.0B | 1.1B |
Photronics fundamental ratios Correlations
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Photronics Account Relationship Matchups
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Photronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.3B | 1.3B | 1.5B | 1.8B | 1.8B | |
Short Long Term Debt Total | 70.8M | 111.7M | 42.3M | 24.6M | 28.3M | 26.9M | |
Other Current Liab | 43.7M | 57.6M | 85.3M | 178.6M | 205.4M | 215.7M | |
Total Current Liabilities | 142.9M | 176.1M | 193.8M | 185.2M | 213.0M | 223.7M | |
Total Stockholder Equity | 805.0M | 823.7M | 831.5M | 975.0M | 1.1B | 1.2B | |
Property Plant And Equipment Net | 631.5M | 696.6M | 643.9M | 709.2M | 815.6M | 856.4M | |
Net Debt | (207.8M) | (165.0M) | (277.3M) | (474.7M) | (427.2M) | (405.8M) | |
Retained Earnings | 279.0M | 317.8M | 435.6M | 561.1M | 645.3M | 677.6M | |
Cash | 278.7M | 276.7M | 319.7M | 499.3M | 574.2M | 602.9M | |
Non Current Assets Total | 688.0M | 743.6M | 671.2M | 740.8M | 851.9M | 446.0M | |
Non Currrent Assets Other | 28.2M | 46.3M | 7.5M | 10.2M | 11.8M | 19.7M | |
Cash And Short Term Investments | 278.7M | 276.7M | 358.5M | 512.2M | 589.0M | 618.5M | |
Net Receivables | 157.3M | 174.4M | 198.1M | 194.9M | 224.2M | 235.4M | |
Common Stock Shares Outstanding | 65.5M | 62.0M | 61.2M | 61.8M | 71.0M | 45.1M | |
Liabilities And Stockholders Equity | 1.2B | 1.3B | 1.3B | 1.5B | 1.8B | 1.8B | |
Non Current Liabilities Total | 83.0M | 117.5M | 59.9M | 65.4M | 75.2M | 126.3M | |
Inventory | 57.3M | 55.2M | 50.8M | 50.0M | 57.5M | 60.3M | |
Other Current Assets | 608K | 44.3M | 37.3M | 28.4M | 32.6M | 34.2M | |
Other Stockholder Equity | 507.3M | 484.7M | 493.7M | 502.0M | 577.3M | 296.7M | |
Total Liab | 225.9M | 293.6M | 253.7M | 250.6M | 288.2M | 219.2M | |
Property Plant And Equipment Gross | 631.5M | 696.6M | 643.9M | 2.2B | 2.5B | 2.7B | |
Total Current Assets | 500.1M | 550.6M | 644.7M | 785.5M | 903.3M | 948.4M | |
Accumulated Other Comprehensive Income | 18.0M | 20.6M | (98.5M) | (88.7M) | (102.0M) | (96.9M) | |
Short Term Debt | 15.9M | 22.2M | 10.0M | 6.6M | 7.6M | 13.0M | |
Accounts Payable | 75.4M | 81.5M | 79.6M | 84.0M | 96.6M | 55.3M | |
Intangible Assets | 12.4M | 7.9M | 3.4M | 774K | 696.6K | 661.8K | |
Common Stock Total Equity | 697K | 656K | 631K | 608K | 699.2K | 528.5K | |
Common Stock | 631K | 600K | 608K | 613K | 705.0K | 538.1K | |
Other Liab | 13.7M | 28.0M | 28.0M | 27.6M | 31.8M | 33.4M | |
Other Assets | 50.8M | 53.1M | 46.3M | 27.3M | 24.6M | 22.4M | |
Long Term Debt | 55.0M | 89.4M | 32.3M | 18.0M | 16.2M | 15.4M | |
Property Plant Equipment | 632.4M | 631.5M | 696.6M | 643.9M | 740.5M | 528.7M | |
Current Deferred Revenue | 8.0M | 14.7M | 18.9M | (84.0M) | (75.6M) | (71.8M) | |
Net Tangible Assets | 769.9M | 805.0M | 822.9M | 831.5M | 956.3M | 766.9M | |
Noncontrolling Interest In Consolidated Entity | 141.2M | 157.3M | 176.9M | 230.6M | 265.1M | 278.4M | |
Retained Earnings Total Equity | 253.9M | 279.0M | 317.8M | 435.6M | 501.0M | 526.0M |
Photronics Investors Sentiment
The influence of Photronics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Photronics. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Photronics' public news can be used to forecast risks associated with an investment in Photronics. The trend in average sentiment can be used to explain how an investor holding Photronics can time the market purely based on public headlines and social activities around Photronics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Photronics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Photronics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Photronics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Photronics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Photronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Photronics' short interest history, or implied volatility extrapolated from Photronics options trading.
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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Photronics Stock analysis
When running Photronics' price analysis, check to measure Photronics' 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 Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
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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 2.22 | 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.