Profire Common Stock vs Intangible Assets Analysis
PFIE Stock | USD 2.52 0.01 0.40% |
Profire Ene financial indicator trend analysis is much more than just breaking down Profire Ene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Profire Ene is a good investment. Please check the relationship between Profire Ene Common Stock and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Profire Ene Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Profire Ene's Common Stock and Intangible Assets is 0.51. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Profire Ene, assuming nothing else is changed. The correlation between historical values of Profire Ene's Common Stock and Intangible 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 Common Stock of Profire Ene are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Profire Ene's Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Profire Ene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Profire Ene 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 Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.At present, Profire Ene's Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.4M | 21.7M | 30.5M | 32.1M | Total Revenue | 26.4M | 45.9M | 58.2M | 61.1M |
Profire Ene fundamental ratios Correlations
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Profire Ene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Profire Ene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 52.2M | 48.3M | 48.0M | 53.9M | 66.3M | 69.6M | |
Other Current Liab | 2.5M | 1.2M | 1.8M | 3.1M | 3.8M | 3.9M | |
Total Current Liabilities | 5.2M | 2.4M | 3.7M | 6.8M | 9.1M | 9.6M | |
Total Stockholder Equity | 46.6M | 45.4M | 44.1M | 46.6M | 56.8M | 30.9M | |
Property Plant And Equipment Net | 12.2M | 12.1M | 11.3M | 10.5M | 11.2M | 6.5M | |
Net Debt | (7.2M) | (9.1M) | (8.1M) | (7.3M) | (10.3M) | (9.8M) | |
Retained Earnings | 24.7M | 22.5M | 21.5M | 25.4M | 36.2M | 38.0M | |
Accounts Payable | 2.6M | 1.2M | 1.8M | 3.0M | 2.7M | 1.4M | |
Cash | 7.4M | 9.1M | 8.2M | 7.4M | 10.8M | 6.4M | |
Non Current Assets Total | 24.1M | 22.5M | 23.8M | 21.9M | 21.8M | 11.4M | |
Non Currrent Assets Other | (439.3K) | (522.9K) | (17.0M) | (418.2K) | (44.5M) | (42.2M) | |
Cash And Short Term Investments | 11.2M | 11.5M | 9.2M | 8.5M | 13.6M | 8.7M | |
Net Receivables | 5.8M | 4.3M | 6.3M | 12.0M | 14.2M | 14.9M | |
Common Stock Total Equity | 49.7K | 50.8K | 51.4K | 52.1K | 60.0K | 49.3K | |
Common Stock Shares Outstanding | 48.1M | 47.8M | 48.1M | 48.4M | 49.1M | 49.3M | |
Liabilities And Stockholders Equity | 52.2M | 48.3M | 48.0M | 53.9M | 66.3M | 69.6M | |
Non Current Liabilities Total | 491.4K | 535.5K | 172.0K | 556.7K | 360.1K | 502.7K | |
Inventory | 9.6M | 8.4M | 7.2M | 10.3M | 14.1M | 14.8M | |
Other Current Assets | 166.6K | 1.6M | 1.6M | 1.2M | 2.6M | 2.8M | |
Other Stockholder Equity | 24.2M | 24.9M | 24.7M | 24.4M | 23.4M | 13.7M | |
Total Liab | 5.7M | 3.0M | 3.9M | 7.3M | 9.5M | 9.9M | |
Property Plant And Equipment Gross | 12.2M | 12.1M | 15.9M | 10.5M | 16.0M | 16.8M | |
Total Current Assets | 28.1M | 25.8M | 24.2M | 32.0M | 44.5M | 46.7M | |
Accumulated Other Comprehensive Income | (2.4M) | (2.1M) | (2.1M) | (3.3M) | (2.8M) | (2.7M) | |
Intangible Assets | 2.0M | 1.8M | 1.5M | 1.3M | 1.1M | 704.3K | |
Common Stock | 50.8K | 51.4K | 51.7K | 52.1K | 53.0K | 52.7K | |
Short Term Investments | 3.8M | 2.4M | 1.0M | 1.2M | 2.8M | 1.8M | |
Net Tangible Assets | 42.0M | 41.0M | 40.0M | 42.7M | 49.1M | 38.5M | |
Retained Earnings Total Equity | 22.7M | 24.7M | 22.5M | 25.4M | 29.2M | 21.5M | |
Capital Surpluse | 28.0M | 29.6M | 30.3M | 31.7M | 36.5M | 23.3M | |
Property Plant Equipment | 12.1M | 12.0M | 11.3M | 10.4M | 12.0M | 8.7M | |
Treasury Stock | (6.9M) | (2.6M) | (5.4M) | (7.3M) | (6.6M) | (6.3M) | |
Long Term Investments | 7.4M | 6.1M | 8.3M | 7.5M | 6.4M | 5.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Profire Ene is a strong investment it is important to analyze Profire Ene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Profire Ene's future performance. For an informed investment choice regarding Profire Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Oil & Gas Equipment & Services space 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 Profire Ene. If investors know Profire 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 Profire Ene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.19 | Revenue Per Share 1.276 | Quarterly Revenue Growth 0.151 | Return On Assets 0.0941 | Return On Equity 0.1541 |
The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene'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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene'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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene'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.