Plug Capital Stock vs Common Stock Analysis

PLUG Stock  USD 2.13  0.06  2.90%   
Plug Power financial indicator trend analysis is much more than just breaking down Plug Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plug Power is a good investment. Please check the relationship between Plug Power Capital Stock and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug 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 employment.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

Capital Stock vs Common Stock

Capital Stock vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plug Power Capital Stock account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Plug Power's Capital Stock and Common Stock is 0.94. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Common Stock in the same time period over historical financial statements of Plug Power, assuming nothing else is changed. The correlation between historical values of Plug Power's Capital Stock and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Plug Power are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Stock i.e., Plug Power's Capital Stock and Common Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Common Stock

Most indicators from Plug Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plug 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 Plug 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 employment.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.At this time, Plug Power's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses244.6M463.5M536.2M563.0M
Cost Of Revenue673.7M895.8M1.4B1.5B

Plug Power fundamental ratios Correlations

0.860.880.990.84-0.16-0.880.860.670.910.750.830.950.960.980.950.820.940.930.70.940.840.940.670.940.91
0.860.940.80.940.34-0.920.960.20.960.350.920.850.860.910.920.940.650.830.460.840.960.980.470.820.94
0.880.940.80.990.27-0.980.990.30.990.360.990.910.910.940.970.990.660.90.350.920.990.970.640.890.97
0.990.80.80.75-0.28-0.810.780.740.850.830.750.910.920.950.890.740.970.870.760.890.760.890.620.90.85
0.840.940.990.750.34-0.970.990.220.990.280.990.870.880.90.951.00.60.870.280.891.00.960.590.850.96
-0.160.340.27-0.280.34-0.220.33-0.810.22-0.730.32-0.030.0-0.030.120.37-0.470.02-0.420.010.350.17-0.1-0.050.22
-0.88-0.92-0.98-0.81-0.97-0.22-0.98-0.35-0.98-0.39-0.96-0.94-0.92-0.94-0.97-0.97-0.68-0.91-0.37-0.95-0.97-0.96-0.68-0.92-0.96
0.860.960.990.780.990.33-0.980.240.990.320.980.910.90.920.960.990.630.880.350.910.990.970.60.880.98
0.670.20.30.740.22-0.81-0.350.240.350.950.220.570.580.550.470.190.860.570.710.560.20.380.570.610.35
0.910.960.990.850.990.22-0.980.990.350.420.970.930.940.960.980.980.720.920.430.930.990.990.620.910.98
0.750.350.360.830.28-0.73-0.390.320.950.420.270.630.630.640.520.250.930.60.860.590.280.480.50.640.45
0.830.920.990.750.990.32-0.960.980.220.970.270.860.850.90.930.990.590.840.230.870.990.950.550.830.95
0.950.850.910.910.87-0.03-0.940.910.570.930.630.860.960.960.960.860.840.950.60.990.870.930.770.990.94
0.960.860.910.920.880.0-0.920.90.580.940.630.850.960.950.980.860.850.990.640.980.870.930.790.980.93
0.980.910.940.950.9-0.03-0.940.920.550.960.640.90.960.950.970.90.870.920.590.950.910.970.640.940.96
0.950.920.970.890.950.12-0.970.960.470.980.520.930.960.980.970.940.790.970.520.970.940.970.740.960.97
0.820.940.990.741.00.37-0.970.990.190.980.250.990.860.860.90.940.570.850.250.871.00.960.560.830.95
0.940.650.660.970.6-0.47-0.680.630.860.720.930.590.840.850.870.790.570.810.840.810.60.760.620.840.73
0.930.830.90.870.870.02-0.910.880.570.920.60.840.950.990.920.970.850.810.60.970.850.90.840.970.91
0.70.460.350.760.28-0.42-0.370.350.710.430.860.230.60.640.590.520.250.840.60.560.290.50.480.620.47
0.940.840.920.890.890.01-0.950.910.560.930.590.870.990.980.950.970.870.810.970.560.880.920.811.00.93
0.840.960.990.761.00.35-0.970.990.20.990.280.990.870.870.910.941.00.60.850.290.880.970.540.840.96
0.940.980.970.890.960.17-0.960.970.380.990.480.950.930.930.970.970.960.760.90.50.920.970.580.90.97
0.670.470.640.620.59-0.1-0.680.60.570.620.50.550.770.790.640.740.560.620.840.480.810.540.580.820.63
0.940.820.890.90.85-0.05-0.920.880.610.910.640.830.990.980.940.960.830.840.970.621.00.840.90.820.91
0.910.940.970.850.960.22-0.960.980.350.980.450.950.940.930.960.970.950.730.910.470.930.960.970.630.91
Click cells to compare fundamentals

Plug Power Account Relationship Matchups

Plug Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets771.2M2.4B6.0B5.8B4.9B5.1B
Other Current Liab15.5M39.2M108.4M458.4M399.7M419.7M
Total Current Liabilities150.8M236.0M420.6M635.3M964.8M1.0B
Total Stockholder Equity134.7M1.5B4.6B4.1B2.9B3.0B
Property Plant And Equipment Net259.7M436.3M573.6M1.2B2.0B2.1B
Net Debt397.7M(597.3M)(1.7B)208.1M617.3M648.1M
Retained Earnings(1.3B)(1.9B)(2.4B)(3.1B)(4.5B)(4.3B)
Accounts Payable47.6M58.8M92.3M191.9M257.8M270.7M
Cash139.5M1.3B2.5B690.6M351.6M250.2M
Non Current Assets Total457.8M813.2M1.5B2.5B3.1B3.3B
Cash And Short Term Investments139.5M1.3B3.9B2.2B351.6M405.8M
Net Receivables25.4M42.8M131.3M191.9M370.1M388.6M
Common Stock Shares Outstanding237.2M354.8M558.2M579.7M595.5M625.2M
Liabilities And Stockholders Equity771.2M2.4B6.0B5.8B4.9B5.1B
Non Current Liabilities Total485.7M674.1M923.8M1.1B1.0B1.1B
Other Stockholder Equity1.5B2.5B7.0B7.2B7.4B7.8B
Total Liab636.5M910.1M1.3B1.7B2.0B2.1B
Property Plant And Equipment Gross259.7M273.1M573.6M1.2B2.1B2.2B
Total Current Assets313.3M1.6B4.4B3.3B1.8B1.9B
Accumulated Other Comprehensive Income1.4M2.6M(1.5M)(26.0M)(6.8M)(6.5M)
Short Long Term Debt Total537.2M715.1M810.1M898.7M968.9M1.0B
Non Currrent Assets Other183.8M265.7M536.3M748.3M40.9M38.8M
Common Stock Total Equity3.2M4.7M5.9M6.1M7.0M7.3M
Inventory72.4M139.4M269.2M645.6M961.3M1.0B
Other Current Assets21.2M72.3M178.5M309.3M320.6M336.7M
Short Term Debt76.0M117.2M92.8M65.7M85.9M90.2M
Common Stock3.2M4.7M5.9M6.1M6.3M6.6M
Other Liab117.3M55.3M206.5M291.1M334.8M351.5M
Other Assets183.8M265.7M609.4M837.6M963.2M1.0B
Long Term Debt110.2M85.6M305.4M193.9M196.5M206.3M
Intangible Assets5.5M38.9M158.2M207.7M188.9M353.4M
Property Plant Equipment259.7M436.3M255.6M719.8M827.8M869.2M
Current Deferred Revenue11.7M23.3M116.4M131.8M204.1M214.3M
Good Will9.4M9.0M8.8M72.4M220.4M248.6M
Treasury Stock(30.6M)(31.2M)(40.4M)(72.5M)(65.3M)(62.0M)
Net Tangible Assets121.4M1.4B4.2B3.6B4.1B4.4B
Retained Earnings Total Equity(1.3B)(1.9B)(2.4B)(3.1B)(2.8B)(2.7B)
Capital Surpluse1.5B3.4B7.1B7.3B8.4B8.8B

Currently Active Assets on Macroaxis

When determining whether Plug Power is a strong investment it is important to analyze Plug Power'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 Plug Power's future performance. For an informed investment choice regarding Plug 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 Plug 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 employment.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 Plug Power. If investors know Plug 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 Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.11)
Revenue Per Share
0.929
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.13)
Return On Equity
(0.43)
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power'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 Plug Power's market value can be influenced by many factors that don't directly affect Plug Power'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 Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power'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.