Plymouth Retained Earnings vs Total Assets Analysis
PLYM Stock | USD 21.41 0.15 0.71% |
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 Retained Earnings and its Total Assets 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.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plymouth Industrial REIT Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Plymouth Industrial's Retained Earnings and Total Assets is -0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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 Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Plymouth Industrial REIT are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Plymouth Industrial's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of Plymouth Industrial 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 Plymouth Industrial REIT 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.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 19th of May 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 Expenses | 83.6M | 111.3M | 107.8M | 113.2M | Cost Of Revenue | 47.6M | 56.6M | 62.5M | 59.4M |
Plymouth Industrial fundamental ratios Correlations
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Plymouth Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plymouth Industrial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 685.5M | 920.3M | 1.3B | 1.5B | 1.4B | 1.5B | |
Total Stockholder Equity | 236.7M | 334.4M | 498.7M | 517.8M | 483.0M | 507.2M | |
Net Debt | 387.0M | 504.7M | 646.8M | 905.6M | 858.1M | 901.0M | |
Retained Earnings | (148.4M) | (162.3M) | (177.3M) | (194.2M) | (182.6M) | (173.5M) | |
Cash | 10.5M | 15.7M | 43.4M | 11.0M | 14.5M | 11.5M | |
Cash And Short Term Investments | 10.5M | 15.7M | 43.4M | 11.0M | 14.5M | 11.5M | |
Common Stock Total Equity | 141K | 253K | 361K | 428K | 492.2K | 516.8K | |
Liabilities And Stockholders Equity | 685.5M | 920.3M | 1.3B | 1.5B | 1.4B | 1.5B | |
Other Stockholder Equity | 256.3M | 360.8M | 532.7M | 635.1M | (797.0M) | (757.1M) | |
Total Liab | 442.1M | 581.1M | 767.3M | 998.1M | 953.7M | 1.0B | |
Total Current Assets | 22.4M | 32.1M | 43.4M | 31.2M | 26.2M | 17.5M | |
Common Stock | 141K | 253K | 361K | 428K | 452K | 474.6K | |
Other Current Liab | 453K | 49.3M | (38M) | 1.5M | 1.4M | 1.5M | |
Total Current Liabilities | 115.2M | 139.3M | 66.9M | 150.1M | 229.3M | 240.8M | |
Noncontrolling Interest In Consolidated Entity | 6.8M | 4.8M | 4.8M | 5.4M | 6.2M | 4.8M | |
Accounts Payable | 36.3M | 49.3M | 66.9M | 72.6M | 73.9M | 77.6M | |
Non Current Assets Total | 663.1M | 888.2M | 1.2B | 1.5B | 1.4B | 1.5B | |
Non Currrent Assets Other | 603.9M | 815.4M | 1.1B | 1.4B | 1.4B | 1.4B | |
Other Assets | 12.0M | 838.5M | 1.2B | 1.4B | 1.4B | 1.4B | |
Long Term Debt | 397.5M | 428.2M | 649.9M | 836.9M | 714.9M | 360.5M | |
Retained Earnings Total Equity | (148.4M) | (162.3M) | (177.3M) | (194.2M) | (174.8M) | (166.1M) | |
Common Stock Shares Outstanding | 8.5M | 18.4M | 30.9M | 39.8M | 43.6M | 45.8M | |
Other Current Assets | (22.4M) | (32.1M) | (43.4M) | (31.2M) | (26.2M) | (24.9M) | |
Intangible Assets | 57.1M | 66.1M | 75.9M | 70.7M | 51.5M | 39.6M | |
Property Plant Equipment | 594.0M | 788.4M | 1.1B | 1.4B | 1.6B | 1.6B | |
Net Tangible Assets | 50.9M | 334.4M | 498.7M | 517.8M | 595.5M | 625.3M | |
Non Current Liabilities Total | 326.9M | 441.7M | 700.4M | 848.0M | 724.4M | 417.1M | |
Capital Surpluse | 256.3M | 360.8M | 532.7M | 635.1M | 730.3M | 766.8M | |
Short Long Term Debt Total | 397.5M | 520.4M | 690.1M | 916.6M | 872.5M | 492.3M | |
Other Liab | 8.8M | 12.1M | 16.3M | 9.5M | 11.0M | 8.2M | |
Property Plant And Equipment Net | 2.1M | 7.2M | 6.6M | 5.7M | 4.8M | 4.6M | |
Short Long Term Debt | 78.9M | 90M | 38M | 77.5M | 155.4M | 81.2M | |
Non Current Liabilities Other | 8.3M | 13.6M | 2.2M | 11.2M | 12.8M | 11.7M |
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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Plymouth Industrial's price analysis, check to measure Plymouth Industrial'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 Plymouth Industrial is operating at the current time. Most of Plymouth Industrial's value examination focuses on studying past and present price action to predict the probability of Plymouth Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plymouth Industrial's price. Additionally, you may evaluate how the addition of Plymouth Industrial to your portfolios can decrease your overall portfolio volatility.
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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.