POET Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

POET Stock  USD 4.76  0.05  1.04%   
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.

Total Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between POET Technologies' Total Stockholder Equity and Common Stock Shares Outstanding is 0.29. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Total Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of POET Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., POET Technologies' Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET Technologies 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 POET Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.At this time, POET Technologies' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 63.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9 M in 2024.
 2021 2023 2024 (projected)
Total Operating Expenses17.2M19.3M11.7M
Cost Of Revenue2.0M2.3M1.9M

POET Technologies fundamental ratios Correlations

0.380.280.950.77-0.5-0.420.30.540.78-0.350.550.260.50.510.460.30.420.760.360.130.350.120.83-0.270.59
0.380.160.330.5-0.31-0.560.410.260.420.170.3-0.220.540.380.160.350.270.160.27-0.35-0.01-0.360.37-0.590.63
0.280.160.120.350.26-0.620.8-0.080.160.01-0.070.480.590.040.150.750.950.28-0.060.070.160.030.17-0.530.62
0.950.330.120.71-0.59-0.220.160.620.74-0.480.630.220.290.380.460.160.260.80.420.20.470.210.79-0.10.47
0.770.50.350.71-0.17-0.460.520.180.97-0.050.150.00.520.740.730.450.580.26-0.030.090.160.080.95-0.320.61
-0.5-0.310.26-0.59-0.170.110.13-0.97-0.20.3-0.950.36-0.12-0.070.090.060.22-0.61-0.560.03-0.350.03-0.28-0.03-0.28
-0.42-0.56-0.62-0.22-0.460.11-0.62-0.19-0.28-0.3-0.22-0.07-0.99-0.39-0.07-0.73-0.66-0.24-0.210.40.190.44-0.320.89-0.93
0.30.410.80.160.520.13-0.62-0.060.340.19-0.050.180.60.180.350.850.810.13-0.06-0.140.13-0.160.32-0.530.65
0.540.26-0.080.620.18-0.97-0.19-0.060.18-0.360.97-0.240.20.03-0.120.03-0.060.710.570.030.410.020.27-0.020.36
0.780.420.160.740.97-0.2-0.280.340.18-0.150.15-0.060.350.750.790.240.40.23-0.010.170.190.170.98-0.170.43
-0.350.170.01-0.48-0.050.3-0.30.19-0.36-0.15-0.4-0.160.270.15-0.240.090.01-0.53-0.4-0.73-0.81-0.72-0.14-0.320.09
0.550.3-0.070.630.15-0.95-0.22-0.050.970.15-0.4-0.230.230.0-0.140.06-0.060.740.74-0.070.38-0.080.24-0.110.39
0.26-0.220.480.220.00.36-0.070.18-0.24-0.06-0.16-0.230.1-0.2-0.020.180.390.47-0.10.210.160.22-0.02-0.060.11
0.50.540.590.290.52-0.12-0.990.60.20.350.270.230.10.450.140.70.640.280.22-0.38-0.19-0.420.4-0.880.93
0.510.380.040.380.74-0.07-0.390.180.030.750.150.0-0.20.450.390.290.32-0.06-0.150.0-0.26-0.020.73-0.180.39
0.460.160.150.460.730.09-0.070.35-0.120.79-0.24-0.14-0.020.140.390.130.29-0.02-0.180.350.30.350.75-0.080.19
0.30.350.750.160.450.06-0.730.850.030.240.090.060.180.70.290.130.80.210.11-0.140.09-0.180.23-0.550.76
0.420.270.950.260.580.22-0.660.81-0.060.40.01-0.060.390.640.320.290.80.26-0.090.10.120.060.41-0.510.7
0.760.160.280.80.26-0.61-0.240.130.710.23-0.530.740.470.28-0.06-0.020.210.260.590.140.510.130.33-0.140.46
0.360.27-0.060.42-0.03-0.56-0.21-0.060.57-0.01-0.40.74-0.10.22-0.15-0.180.11-0.090.59-0.320.17-0.330.02-0.310.31
0.13-0.350.070.20.090.030.4-0.140.030.17-0.73-0.070.21-0.380.00.35-0.140.10.14-0.320.71.00.140.54-0.26
0.35-0.010.160.470.16-0.350.190.130.410.19-0.810.380.16-0.19-0.260.30.090.120.510.170.70.70.160.240.04
0.12-0.360.030.210.080.030.44-0.160.020.17-0.72-0.080.22-0.42-0.020.35-0.180.060.13-0.331.00.70.140.58-0.3
0.830.370.170.790.95-0.28-0.320.320.270.98-0.140.24-0.020.40.730.750.230.410.330.020.140.160.14-0.20.48
-0.27-0.59-0.53-0.1-0.32-0.030.89-0.53-0.02-0.17-0.32-0.11-0.06-0.88-0.18-0.08-0.55-0.51-0.14-0.310.540.240.58-0.2-0.81
0.590.630.620.470.61-0.28-0.930.650.360.430.090.390.110.930.390.190.760.70.460.31-0.260.04-0.30.48-0.81
Click cells to compare fundamentals

POET Technologies Account Relationship Matchups

POET Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1M11.6M27.2M15.4M8.8M17.0M
Other Current Liab218.1K127.1K803.7K913.1K930.8K543.1K
Total Current Liabilities4.9M5.4M1.9M3.8M2.5M1.9M
Total Stockholder Equity19.0M5.8M25.0M11.4M4.9M4.7M
Property Plant And Equipment Net3.4M3.7M3.4M5.3M5.1M3.3M
Net Debt1.9M(2.8M)(14.6M)(8.9M)(2.5M)(2.6M)
Retained Earnings(139.1M)(157.3M)(173.0M)(194.0M)(214.3M)(203.6M)
Accounts Payable1.5M1.6M987.5K2.7M1.4M974.3K
Cash1.4M6.9M14.9M9.2M3.0M2.9M
Non Current Assets Total3.8M4.1M5.4M5.8M5.6M5.4M
Cash And Short Term Investments1.4M6.9M21.3M9.2M3.0M2.9M
Net Receivables18.1M122.4K141.6K62.8K57.2K54.3K
Common Stock Shares Outstanding28.8M29.2M34.5M36.7M40.1M42.1M
Liabilities And Stockholders Equity24.1M11.6M27.2M15.4M8.8M17.0M
Non Current Liabilities Total133.3K429.4K258.3K128.3K1.3M1.4M
Other Current Assets313.2K496.4K50.6K422.6K93.0K88.3K
Other Stockholder Equity48.0M50.5M47.0M56.9M56.1M40.5M
Total Liab5.0M5.8M2.2M3.9M3.8M2.4M
Total Current Assets20.3M7.5M21.8M9.6M3.2M3.0M
Accumulated Other Comprehensive Income(1.9M)(2.0M)(2.1M)(2.7M)(2.6M)(2.5M)
Intangible Assets452.4K438.7K528.5K510.7K502.1K512.9K
Common Stock112.1M114.6M147.7M151.2M165.7M104.6M
Net Tangible Assets12.1M18.6M5.4M24.4M28.1M16.4M
Property Plant Equipment9.3M3.4M3.7M3.4M3.1M4.5M
Net Invested Capital22.1M9.4M25.0M11.5M5.0M4.7M
Capital Stock112.1M114.6M147.7M151.2M165.7M147.3M
Net Working Capital15.4M2.1M19.9M5.8M633.1K601.5K

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Additional Tools for POET Stock Analysis

When running POET Technologies' price analysis, check to measure POET Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.