Park Common Stock vs Total Assets Analysis
PKE Stock | USD 15.25 0.18 1.19% |
Park Electrochemical financial indicator trend analysis is much more than just breaking down Park Electrochemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Electrochemical is a good investment. Please check the relationship between Park Electrochemical Common Stock and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.
Common Stock vs Total Assets
Common Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Electrochemical Common Stock account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Park Electrochemical's Common Stock and Total Assets is 0.36. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Park Electrochemical, assuming nothing else is changed. The correlation between historical values of Park Electrochemical's Common Stock 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 Common Stock of Park Electrochemical 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 Common Stock i.e., Park Electrochemical's Common Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Total Assets
Total assets refers to the total amount of Park Electrochemical 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 Park Electrochemical 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 Park Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Electrochemical 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 Park Electrochemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.At present, Park Electrochemical's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 153.7 M, whereas Discontinued Operations is projected to grow to (358.3 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.9M | 16.5M | 16.5M | 15.7M | Total Revenue | 53.6M | 54.1M | 56.0M | 53.2M |
Park Electrochemical fundamental ratios Correlations
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Park Electrochemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Park Electrochemical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 171.8M | 163.5M | 160.9M | 159.3M | 132.3M | 125.7M | |
Other Current Liab | 3.8M | 1.7M | 1.4M | 21.8M | 1.9M | 1.8M | |
Total Current Liabilities | 8.7M | 8.0M | 6.3M | 28.6M | 9.7M | 9.2M | |
Total Stockholder Equity | 141.7M | 135.9M | 135.6M | 115.9M | 112.9M | 190.1M | |
Property Plant And Equipment Net | 16.5M | 21.2M | 24.5M | 24.4M | 23.6M | 41.9M | |
Net Debt | (121.9M) | (116.4M) | (110.1M) | (105.3M) | (6.4M) | (6.8M) | |
Retained Earnings | (21.8M) | (25.1M) | (24.8M) | (42.7M) | (45.4M) | (43.1M) | |
Cash | 122.4M | 116.5M | 110.4M | 105.4M | 6.6M | 6.2M | |
Non Current Assets Total | 26.6M | 31.2M | 34.4M | 34.3M | 33.5M | 48.1M | |
Non Currrent Assets Other | 268K | 141K | 122K | (1.9M) | 94K | 89.3K | |
Cash And Short Term Investments | 122.4M | 116.5M | 110.4M | 105.4M | 77.2M | 146.5M | |
Net Receivables | 10.9M | 7.6M | 8.3M | 10.0M | 12.4M | 24.6M | |
Common Stock Shares Outstanding | 20.6M | 20.5M | 20.6M | 20.5M | 20.4M | 20.4M | |
Liabilities And Stockholders Equity | 171.8M | 163.5M | 160.9M | 159.3M | 132.3M | 125.7M | |
Non Current Liabilities Total | 21.4M | 19.6M | 19.0M | 14.8M | 9.7M | 9.3M | |
Inventory | 6.4M | 4.8M | 4.7M | 6.8M | 6.4M | 11.3M | |
Other Current Assets | 5.5M | 6.7M | 6.2M | 2.8M | 2.8M | 2.7M | |
Other Stockholder Equity | 160.7M | 159.2M | 160.3M | 160.8M | 158.5M | 122.4M | |
Total Liab | 30.1M | 27.6M | 25.3M | 43.4M | 19.4M | 18.4M | |
Property Plant And Equipment Gross | 16.5M | 21.2M | 24.5M | 24.4M | 49.4M | 42.4M | |
Total Current Assets | 145.2M | 132.3M | 126.4M | 125.0M | 98.8M | 93.9M | |
Accumulated Other Comprehensive Income | 668K | (336K) | (2.0M) | (4.2M) | (2.3M) | (2.4M) | |
Accounts Payable | 4.7M | 3.3M | 2.5M | 4.5M | 3.5M | 3.3M | |
Short Term Investments | 116.9M | 74.9M | 97.6M | 101.2M | 70.6M | 103.6M | |
Other Liab | 18.7M | 21.1M | 19.5M | 18.8M | 21.6M | 16.7M | |
Other Assets | 268K | 141K | 122K | 108K | 124.2K | 118.0K | |
Treasury Stock | (14.9M) | (9.9M) | (9.2M) | (10.8M) | (12.4M) | (13.0M) | |
Property Plant Equipment | 16.1M | 21.2M | 24.5M | 24.4M | 22.0M | 40.9M | |
Intangible Assets | 28K | 21K | 14K | 7K | 6.3K | 6.0K | |
Net Tangible Assets | 149.2M | 141.7M | 126.1M | 125.8M | 113.3M | 146.9M | |
Capital Surpluse | 169.9M | 170.0M | 169.7M | 169.9M | 195.4M | 183.3M | |
Non Current Liabilities Other | 20.6M | 4.4M | 4.5M | 1.8M | 1.2M | 1.1M |
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 Park Electrochemical is a strong investment it is important to analyze Park Electrochemical'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 Park Electrochemical's future performance. For an informed investment choice regarding Park 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 Park Electrochemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Aerospace & Defense 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 Park Electrochemical. If investors know Park 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 Park Electrochemical 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 0.16 | Dividend Share 0.5 | Earnings Share 0.34 | Revenue Per Share 2.898 | Quarterly Revenue Growth 0.339 |
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.