Planet Fitness Stock Working Capital

PLNT Stock

USD 95.27 0.94 0.98%

Planet Fitness fundamentals help investors to digest information that contributes to Planet Fitness' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Fitness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Fitness stock.

	Last Reported	Projected for Next Year
Net Working Capital	220.5 M	344 M
Change In Working Capital	-27.9 M	-26.5 M

Net Working Capital is likely to gain to about 344 M in 2024, despite the fact that Change In Working Capital is likely to grow to (26.5 M).

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Planet Fitness Company Working Capital Analysis

Planet Fitness' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Planet Fitness Working Capital

220.49 M

Most of Planet Fitness' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Fitness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Planet Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Planet Fitness is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Working Capital. Since Planet Fitness' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Planet Fitness' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Planet Fitness' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Retained Earnings	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.62	0.86	0.98	-0.43	0.95	0.81	0.78	0.46	0.96	0.87	0.59	0.3	-0.66	0.84	-0.92	-0.9	-0.84	0.57	0.98	0.94	0.89	0.96	0.71	-0.73
Total Stockholder Equity	-0.62		-0.37	-0.73	0.24	-0.82	-0.67	-0.15	0.02	-0.8	-0.87	-0.11	0.51	0.79	-0.32	0.77	0.82	0.66	-0.04	-0.73	-0.79	-0.59	-0.42	-0.87	0.42
Current Deferred Revenue	0.86	-0.37		0.83	-0.53	0.77	0.7	0.97	0.78	0.79	0.66	0.86	0.46	-0.57	0.99	-0.85	-0.78	-0.78	0.86	0.82	0.76	0.91	0.92	0.57	-0.91
Net Debt	0.98	-0.73	0.83		-0.48	0.99	0.81	0.72	0.42	0.99	0.91	0.55	0.19	-0.73	0.8	-0.95	-0.94	-0.87	0.52	0.99	0.97	0.89	0.92	0.78	-0.74
Accounts Payable	-0.43	0.24	-0.53	-0.48		-0.45	-0.12	-0.55	-0.35	-0.41	-0.4	-0.44	-0.35	0.16	-0.54	0.57	0.53	0.71	-0.39	-0.47	-0.47	-0.44	-0.54	-0.47	0.64
Long Term Debt	0.95	-0.82	0.77	0.99	-0.45		0.82	0.64	0.34	1.0	0.96	0.49	0.04	-0.76	0.75	-0.97	-0.97	-0.88	0.44	0.99	0.99	0.87	0.86	0.86	-0.72
Net Receivables	0.81	-0.67	0.7	0.81	-0.12	0.82		0.58	0.29	0.84	0.74	0.38	0.05	-0.82	0.64	-0.79	-0.75	-0.52	0.37	0.79	0.75	0.72	0.69	0.57	-0.51
Good Will	0.78	-0.15	0.97	0.72	-0.55	0.64	0.58		0.79	0.65	0.5	0.85	0.64	-0.42	0.97	-0.73	-0.63	-0.69	0.87	0.7	0.62	0.82	0.89	0.4	-0.85
Short Term Investments	0.46	0.02	0.78	0.42	-0.35	0.34	0.29	0.79		0.36	0.21	0.98	0.38	-0.25	0.78	-0.46	-0.39	-0.46	0.98	0.44	0.38	0.63	0.59	0.19	-0.82
Total Liab	0.96	-0.8	0.79	0.99	-0.41	1.0	0.84	0.65	0.36		0.95	0.5	0.06	-0.77	0.76	-0.96	-0.96	-0.86	0.46	0.98	0.98	0.89	0.87	0.83	-0.71
Total Current Assets	0.87	-0.87	0.66	0.91	-0.4	0.96	0.74	0.5	0.21	0.95		0.38	-0.11	-0.67	0.65	-0.93	-0.97	-0.88	0.33	0.93	0.96	0.8	0.77	0.95	-0.66
Short Term Debt	0.59	-0.11	0.86	0.55	-0.44	0.49	0.38	0.85	0.98	0.5	0.38		0.38	-0.3	0.86	-0.6	-0.54	-0.61	0.99	0.58	0.53	0.74	0.71	0.35	-0.9
Intangible Assets	0.3	0.51	0.46	0.19	-0.35	0.04	0.05	0.64	0.38	0.06	-0.11	0.38		0.23	0.49	-0.09	0.02	-0.14	0.44	0.15	0.05	0.18	0.51	-0.26	-0.23
Common Stock	-0.66	0.79	-0.57	-0.73	0.16	-0.76	-0.82	-0.42	-0.25	-0.77	-0.67	-0.3	0.23		-0.5	0.73	0.68	0.5	-0.3	-0.68	-0.66	-0.66	-0.51	-0.58	0.48
Property Plant Equipment	0.84	-0.32	0.99	0.8	-0.54	0.75	0.64	0.97	0.78	0.76	0.65	0.86	0.49	-0.5		-0.83	-0.76	-0.8	0.87	0.8	0.75	0.9	0.92	0.56	-0.92
Net Tangible Assets	-0.92	0.77	-0.85	-0.95	0.57	-0.97	-0.79	-0.73	-0.46	-0.96	-0.93	-0.6	-0.09	0.73	-0.83		0.98	0.92	-0.55	-0.96	-0.95	-0.91	-0.87	-0.88	0.83
Retained Earnings	-0.9	0.82	-0.78	-0.94	0.53	-0.97	-0.75	-0.63	-0.39	-0.96	-0.97	-0.54	0.02	0.68	-0.76	0.98		0.94	-0.49	-0.96	-0.98	-0.89	-0.83	-0.93	0.8
Deferred Long Term Liab	-0.84	0.66	-0.78	-0.87	0.71	-0.88	-0.52	-0.69	-0.46	-0.86	-0.88	-0.61	-0.14	0.5	-0.8	0.92	0.94		-0.56	-0.9	-0.91	-0.85	-0.85	-0.88	0.86
Long Term Investments	0.57	-0.04	0.86	0.52	-0.39	0.44	0.37	0.87	0.98	0.46	0.33	0.99	0.44	-0.3	0.87	-0.55	-0.49	-0.56		0.54	0.48	0.72	0.7	0.28	-0.87
Short Long Term Debt	0.98	-0.73	0.82	0.99	-0.47	0.99	0.79	0.7	0.44	0.98	0.93	0.58	0.15	-0.68	0.8	-0.96	-0.96	-0.9	0.54		0.99	0.89	0.92	0.82	-0.76
Long Term Debt Total	0.94	-0.79	0.76	0.97	-0.47	0.99	0.75	0.62	0.38	0.98	0.96	0.53	0.05	-0.66	0.75	-0.95	-0.98	-0.91	0.48	0.99		0.87	0.87	0.88	-0.74
Capital Surpluse	0.89	-0.59	0.91	0.89	-0.44	0.87	0.72	0.82	0.63	0.89	0.8	0.74	0.18	-0.66	0.9	-0.91	-0.89	-0.85	0.72	0.89	0.87		0.88	0.75	-0.88
Net Invested Capital	0.96	-0.42	0.92	0.92	-0.54	0.86	0.69	0.89	0.59	0.87	0.77	0.71	0.51	-0.51	0.92	-0.87	-0.83	-0.85	0.7	0.92	0.87	0.88		0.63	-0.8
Net Working Capital	0.71	-0.87	0.57	0.78	-0.47	0.86	0.57	0.4	0.19	0.83	0.95	0.35	-0.26	-0.58	0.56	-0.88	-0.93	-0.88	0.28	0.82	0.88	0.75	0.63		-0.67
Capital Stock	-0.73	0.42	-0.91	-0.74	0.64	-0.72	-0.51	-0.85	-0.82	-0.71	-0.66	-0.9	-0.23	0.48	-0.92	0.83	0.8	0.86	-0.87	-0.76	-0.74	-0.88	-0.8	-0.67

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

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Predict Planet Fitness

Working Capital Over Time

Planet Capital Surpluse

Capital Surpluse

76.59 Million

At this time, Planet Fitness' Capital Surpluse is comparatively stable compared to the past year.

Based on the company's disclosures, Planet Fitness has a Working Capital of 220.49 M. This is 96.31% lower than that of the Hotels, Restaurants & Leisure sector and 25.71% lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is 85.08% higher than that of the company.

Planet Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Fitness' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Fitness could also be used in its relative valuation, which is a method of valuing Planet Fitness by comparing valuation metrics of similar companies.

Planet Fitness is currently under evaluation in working capital category among its peers.

Planet Fitness Current Valuation Drivers

We derive many important indicators used in calculating different scores of Planet Fitness from analyzing Planet Fitness' financial statements. These drivers represent accounts that assess Planet Fitness' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Planet Fitness' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	6.2B	6.2B	7.5B	6.6B	6.0B	3.7B
Enterprise Value	7.6B	7.7B	9.0B	8.6B	7.7B	5.3B

Planet Fitness ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Planet Fitness' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Planet Fitness' managers, analysts, and investors.

Environmental

Governance

Social

Planet Fundamentals

	Return On Asset	0.0655
	Profit Margin	0.15 %
	Operating Margin	0.30 %
	Current Valuation	10.2 B
	Shares Outstanding	84.18 M
	Shares Owned By Insiders	0.48 %
	Shares Owned By Institutions	99.52 %
	Number Of Shares Shorted	3.8 M
	Price To Earning	85.60 X
	Price To Sales	7.68 X
	Revenue	1.07 B
	Gross Profit	482.07 M
	EBITDA	443.53 M
	Net Income	138.31 M
	Cash And Equivalents	383.51 M
	Cash Per Share	4.55 X
	Total Debt	2.4 B
	Debt To Equity	(45.53) %
	Current Ratio	1.99 X
	Book Value Per Share	(3.16) X
	Cash Flow From Operations	330.25 M
	Short Ratio	3.60 X
	Earnings Per Share	1.86 X
	Price To Earnings To Growth	1.69 X
	Target Price	103.59
	Number Of Employees	3.8 K
	Beta	1.49
	Market Capitalization	8.06 B
	Total Asset	2.97 B
	Retained Earnings	(691.46 M)
	Working Capital	220.49 M
	Current Asset	72.94 M
	Current Liabilities	66.25 M
	Net Asset	2.97 B

About Planet Fitness Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Planet Fitness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Fitness based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' 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 Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.

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