Profire Intangible Assets vs Cash Analysis
PFIE Stock | USD 2.50 0.79 46.20% |
Profire Ene financial indicator trend analysis is much more than just breaking down Profire Ene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Profire Ene is a good investment. Please check the relationship between Profire Ene Intangible Assets and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.
Intangible Assets vs Cash
Intangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Profire Ene Intangible Assets account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Profire Ene's Intangible Assets and Cash is 0.29. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Profire Ene, assuming nothing else is changed. The correlation between historical values of Profire Ene's Intangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Profire Ene are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Intangible Assets i.e., Profire Ene's Intangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Cash
Cash refers to the most liquid asset of Profire Ene, which is listed under current asset account on Profire Ene balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Profire Ene customers. The amounts must be unrestricted with restricted cash listed in a different Profire Ene account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Profire Ene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Profire Ene 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 Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.At present, Profire Ene's Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.4M | 21.7M | 30.0M | 31.5M | Total Revenue | 26.4M | 45.9M | 58.2M | 61.1M |
Profire Ene fundamental ratios Correlations
Click cells to compare fundamentals
Profire Ene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Profire Ene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 52.2M | 48.3M | 48.0M | 53.9M | 66.3M | 69.6M | |
Other Current Liab | 2.5M | 1.2M | 1.9M | 3.4M | 5.5M | 5.8M | |
Total Current Liabilities | 5.2M | 2.4M | 3.7M | 6.8M | 9.1M | 9.6M | |
Total Stockholder Equity | 46.6M | 45.4M | 44.1M | 46.6M | 56.8M | 30.9M | |
Property Plant And Equipment Net | 12.2M | 12.1M | 11.3M | 10.5M | 11.2M | 6.5M | |
Net Debt | (7.2M) | (9.1M) | (8.1M) | (7.3M) | (10.3M) | (9.8M) | |
Retained Earnings | 24.7M | 22.5M | 21.5M | 25.4M | 36.2M | 38.0M | |
Accounts Payable | 2.6M | 1.2M | 1.8M | 3.0M | 2.7M | 1.4M | |
Cash | 7.4M | 9.1M | 8.2M | 7.4M | 10.8M | 6.4M | |
Non Current Assets Total | 24.1M | 22.5M | 23.8M | 21.9M | 21.9M | 11.4M | |
Non Currrent Assets Other | (439.3K) | (522.9K) | (17.0M) | (418.2K) | (44.5M) | (42.2M) | |
Cash And Short Term Investments | 11.2M | 11.5M | 9.2M | 8.5M | 13.6M | 8.7M | |
Net Receivables | 5.8M | 4.3M | 6.9M | 12.0M | 14.2M | 14.9M | |
Common Stock Total Equity | 49.7K | 50.8K | 51.4K | 52.1K | 60.0K | 49.3K | |
Common Stock Shares Outstanding | 48.1M | 47.8M | 48.1M | 48.4M | 49.1M | 49.3M | |
Liabilities And Stockholders Equity | 52.2M | 48.3M | 48.0M | 53.9M | 66.3M | 69.6M | |
Non Current Liabilities Total | 491.4K | 535.5K | 172.0K | 556.7K | 397.1K | 504.3K | |
Inventory | 9.6M | 8.4M | 7.2M | 10.3M | 14.1M | 14.8M | |
Other Current Assets | 166.6K | 228.9K | 200.5K | 217.5K | 2.6M | 2.8M | |
Other Stockholder Equity | 24.2M | 24.9M | 24.7M | 24.4M | 23.4M | 13.7M | |
Total Liab | 5.7M | 3.0M | 3.9M | 7.3M | 9.5M | 10.0M | |
Property Plant And Equipment Gross | 12.2M | 12.1M | 15.9M | 10.5M | 16.0M | 16.8M | |
Total Current Assets | 28.1M | 25.8M | 24.2M | 32.0M | 44.5M | 46.7M | |
Accumulated Other Comprehensive Income | (2.4M) | (2.1M) | (2.1M) | (3.3M) | (2.8M) | (2.7M) | |
Intangible Assets | 2.0M | 1.8M | 1.5M | 1.3M | 1.1M | 704.3K | |
Common Stock | 50.8K | 51.4K | 51.7K | 52.1K | 53.0K | 52.7K | |
Short Term Investments | 3.8M | 2.4M | 1.0M | 1.2M | 2.8M | 1.8M | |
Net Tangible Assets | 42.0M | 41.0M | 40.0M | 42.7M | 49.1M | 38.5M | |
Retained Earnings Total Equity | 22.7M | 24.7M | 22.5M | 25.4M | 29.2M | 21.5M | |
Capital Surpluse | 28.0M | 29.6M | 30.3M | 31.7M | 36.5M | 23.3M | |
Property Plant Equipment | 12.1M | 12.0M | 11.3M | 10.4M | 12.0M | 8.7M | |
Treasury Stock | (6.9M) | (2.6M) | (5.4M) | (7.3M) | (6.6M) | (6.3M) | |
Long Term Investments | 7.4M | 6.1M | 8.3M | 7.5M | 6.4M | 5.9M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Oil & Gas Equipment & Services 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 Profire Ene. If investors know Profire 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 Profire Ene 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 (0.33) | Earnings Share 0.18 | Revenue Per Share 1.223 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0938 |
The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene'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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene'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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene'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.