Preformed Accounts Payable vs Property Plant And Equipment Net Analysis

PLPC Stock  USD 140.73  2.21  1.55%   
Preformed Line financial indicator trend analysis is much more than just breaking down Preformed Line Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Preformed Line Products is a good investment. Please check the relationship between Preformed Line Accounts Payable and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Accounts Payable vs Property Plant And Equipment Net

Accounts Payable vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Preformed Line Products Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Preformed Line's Accounts Payable and Property Plant And Equipment Net is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Preformed Line Products, assuming nothing else is changed. The correlation between historical values of Preformed Line's Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Preformed Line Products are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Preformed Line's Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Preformed Line obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Preformed Line Products are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Preformed Line's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Preformed Line Products 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 Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Preformed Line's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.17, whereas Selling General Administrative is forecasted to decline to about 51.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense3.2M3.9M4.5M4.7M
Depreciation And Amortization16.4M18.9M21.8M12.3M

Preformed Line fundamental ratios Correlations

0.890.960.970.990.98-0.880.580.980.720.690.990.240.040.780.690.740.940.72-0.940.850.980.78-0.620.960.91
0.890.780.90.830.86-0.650.850.90.740.610.890.330.00.960.610.740.880.81-0.830.950.870.79-0.770.950.75
0.960.780.910.960.93-0.940.380.940.640.750.950.20.110.680.750.670.910.64-0.930.80.940.66-0.530.90.89
0.970.90.910.940.92-0.780.620.950.80.70.950.360.140.770.70.790.960.74-0.920.850.950.86-0.670.970.82
0.990.830.960.940.99-0.920.490.970.660.660.990.15-0.020.710.660.680.90.68-0.920.780.980.73-0.560.910.94
0.980.860.930.920.99-0.910.550.970.630.640.990.09-0.10.750.640.650.880.72-0.910.790.970.73-0.620.90.97
-0.88-0.65-0.94-0.78-0.92-0.91-0.23-0.87-0.49-0.71-0.880.050.04-0.56-0.71-0.55-0.77-0.560.83-0.65-0.87-0.520.45-0.76-0.93
0.580.850.380.620.490.55-0.230.570.620.220.590.38-0.10.880.220.590.60.6-0.460.770.580.67-0.590.710.41
0.980.90.940.950.970.97-0.870.570.690.720.980.20.050.80.720.710.930.81-0.950.840.950.77-0.740.940.9
0.720.740.640.80.660.63-0.490.620.690.730.680.430.160.660.730.980.750.71-0.60.720.720.73-0.550.790.47
0.690.610.750.70.660.64-0.710.220.720.730.660.180.210.521.00.80.70.76-0.690.630.640.47-0.610.70.59
0.990.890.950.950.990.99-0.880.590.980.680.660.240.020.780.660.70.940.73-0.930.840.970.78-0.630.940.93
0.240.330.20.360.150.090.050.380.20.430.180.240.710.290.180.420.50.2-0.230.40.140.41-0.150.39-0.09
0.040.00.110.14-0.02-0.10.04-0.10.050.160.210.020.71-0.060.210.160.30.09-0.160.13-0.10.31-0.110.14-0.21
0.780.960.680.770.710.75-0.560.880.80.660.520.780.29-0.060.520.670.770.74-0.730.960.760.65-0.710.880.64
0.690.610.750.70.660.64-0.710.220.720.731.00.660.180.210.520.80.70.76-0.690.630.640.47-0.610.70.59
0.740.740.670.790.680.65-0.550.590.710.980.80.70.420.160.670.80.760.73-0.610.740.720.69-0.540.80.5
0.940.880.910.960.90.88-0.770.60.930.750.70.940.50.30.770.70.760.73-0.90.880.890.83-0.640.960.77
0.720.810.640.740.680.72-0.560.60.810.710.760.730.20.090.740.760.730.73-0.730.710.670.68-0.890.760.64
-0.94-0.83-0.93-0.92-0.92-0.910.83-0.46-0.95-0.6-0.69-0.93-0.23-0.16-0.73-0.69-0.61-0.9-0.73-0.82-0.9-0.710.66-0.91-0.84
0.850.950.80.850.780.79-0.650.770.840.720.630.840.40.130.960.630.740.880.71-0.820.820.7-0.650.950.66
0.980.870.940.950.980.97-0.870.580.950.720.640.970.14-0.10.760.640.720.890.67-0.90.820.74-0.560.930.91
0.780.790.660.860.730.73-0.520.670.770.730.470.780.410.310.650.470.690.830.68-0.710.70.74-0.660.820.61
-0.62-0.77-0.53-0.67-0.56-0.620.45-0.59-0.74-0.55-0.61-0.63-0.15-0.11-0.71-0.61-0.54-0.64-0.890.66-0.65-0.56-0.66-0.69-0.55
0.960.950.90.970.910.9-0.760.710.940.790.70.940.390.140.880.70.80.960.76-0.910.950.930.82-0.690.78
0.910.750.890.820.940.97-0.930.410.90.470.590.93-0.09-0.210.640.590.50.770.64-0.840.660.910.61-0.550.78
Click cells to compare fundamentals

Preformed Line Account Relationship Matchups

Preformed Line fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets461.1M489.0M568.5M603.2M693.6M728.3M
Short Long Term Debt Total56.0M59.6M89.5M71.8M82.6M86.7M
Other Current Liab41.8M40.5M43.3M56.7M65.2M68.5M
Total Current Liabilities103.8M105.5M115.3M111.3M128.0M134.4M
Total Stockholder Equity292.1M316.1M358.6M416.2M478.6M502.5M
Property Plant And Equipment Net126.0M149.8M175.0M219.6M252.5M265.1M
Net Debt10.8M23.2M52.3M18.2M20.9M22.0M
Retained Earnings379.0M410.7M460.9M520.2M598.2M628.1M
Accounts Payable31.6M42.4M46.8M37.8M43.5M23.7M
Cash45.2M36.4M37.2M53.6M61.6M33.1M
Non Current Assets Total204.8M216.9M240.3M278.3M320.1M336.1M
Non Currrent Assets Other23.4M22.9M17.9M9.2M10.6M12.2M
Other Assets22.2M34.9M26.9M12.5M14.3M15.9M
Long Term Debt33.3M40.0M68.4M48.8M56.1M58.9M
Cash And Short Term Investments45.2M36.4M37.2M53.6M61.6M33.1M
Net Receivables92.7M98.2M125.3M106.9M122.9M65.3M
Good Will29.5M28.2M28.0M29.5M33.9M35.6M
Common Stock Total Equity12.8M13.0M13.2M13.4M15.4M12.8M
Common Stock Shares Outstanding5.0M5.0M5.0M5.0M4.5M4.3M
Liabilities And Stockholders Equity461.1M489.0M568.5M603.2M693.6M728.3M
Non Current Liabilities Total65.2M67.4M94.5M75.7M87.0M91.4M
Inventory97.5M114.5M147.5M148.8M171.1M179.7M
Other Current Assets20.9M23.0M18.2M15.5M17.8M18.7M
Other Stockholder Equity(45.4M)(46.0M)(45.7M)(57.3M)(51.6M)(49.0M)
Total Liab169.0M172.9M209.9M187.0M215.0M225.8M
Property Plant And Equipment Gross139.1M149.8M175.0M423.9M487.5M511.9M
Total Current Assets256.3M272.1M328.2M324.8M373.5M192.2M
Accumulated Other Comprehensive Income(54.6M)(61.7M)(70.0M)(60.3M)(54.3M)(51.6M)
Short Term Debt24.9M21.5M22.7M15.1M17.4M18.3M
Intangible Assets14.4M12.0M14.1M13.0M14.9M10.5M
Common Stock2.1M3.1M3.1M13.6M12.2M12.9M
Property Plant Equipment124.0M126.0M149.8M175.0M201.3M211.3M
Other Liab21.9M31.9M27.3M18.7M21.6M17.8M
Net Tangible Assets233.8M256.9M275.9M323.6M372.1M254.4M
Retained Earnings Total Equity353.3M379.0M410.7M460.9M530.1M324.0M
Long Term Debt Total53.7M33.3M40.0M68.4M78.7M40.3M
Capital Surpluse38.9M43.1M47.8M53.6M61.7M35.2M
Deferred Long Term Liab3.1M2.9M2.8M4.2M4.8M3.0M

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 Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Electrical Components & Equipment 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 Preformed Line. If investors know Preformed 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 Preformed Line 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
(0.49)
Dividend Share
0.8
Earnings Share
6.66
Revenue Per Share
116.621
Quarterly Revenue Growth
(0.08)
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line'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 Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line'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 Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line'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.