Power Short Term Debt vs Property Plant And Equipment Gross Analysis

POW Stock  CAD 39.99  0.76  1.94%   
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 Short Term Debt and its Property Plant And Equipment Gross 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Property Plant And Equipment Gross

Short Term Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Short Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have no relationship.
The correlation between Power's Short Term Debt and Property Plant And Equipment Gross is 0.07. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Power, assuming nothing else is changed. The correlation between historical values of Power's Short Term Debt and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Power are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Debt i.e., Power's Short Term Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Property Plant And Equipment Gross

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 closely tied 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 9th 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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Other Information on Investing in Power Stock

Balance Sheet is a snapshot of the financial position of Power at a specified time, usually calculated after every quarter, six months, or one year. Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power 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 Power currently owns. An asset can also be divided into two categories, current and non-current.