Profire Total Stockholder Equity vs Property Plant Equipment 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 Total Stockholder Equity and its Property Plant Equipment 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.

Total Stockholder Equity vs Property Plant Equipment

Total Stockholder Equity vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Profire Ene Total Stockholder Equity account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Profire Ene's Total Stockholder Equity and Property Plant Equipment is 0.91. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant Equipment 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 Total Stockholder Equity and Property Plant Equipment 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 Profire Ene are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Stockholder Equity i.e., Profire Ene's Total Stockholder Equity and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant Equipment

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 Profit11.4M21.7M30.0M31.5M
Total Revenue26.4M45.9M58.2M61.1M

Profire Ene fundamental ratios Correlations

-0.210.730.740.890.830.58-0.680.970.560.620.79-0.490.720.720.820.7-0.130.930.620.730.740.910.95-0.330.65
-0.210.190.19-0.43-0.420.420.33-0.17-0.19-0.35-0.35-0.41-0.36-0.03-0.42-0.59-0.15-0.130.42-0.310.22-0.11-0.170.98-0.26
0.730.190.980.450.410.88-0.220.820.60.130.45-0.750.20.840.460.18-0.260.710.850.430.970.720.710.040.35
0.740.190.980.460.440.9-0.170.830.70.080.49-0.750.170.860.470.19-0.220.710.830.391.00.740.70.030.41
0.89-0.430.450.460.930.25-0.740.80.570.750.88-0.190.850.480.920.76-0.060.790.30.810.460.770.82-0.490.69
0.83-0.420.410.440.930.21-0.590.720.620.60.94-0.220.670.390.790.58-0.250.710.210.830.460.830.69-0.490.89
0.580.420.880.90.250.21-0.110.690.460.020.22-0.860.040.820.350.09-0.240.640.920.160.90.60.610.270.18
-0.680.33-0.22-0.17-0.74-0.59-0.11-0.59-0.07-0.99-0.410.06-0.94-0.29-0.71-0.820.16-0.72-0.23-0.71-0.18-0.5-0.780.37-0.29
0.97-0.170.820.830.80.720.69-0.590.590.510.7-0.580.620.820.810.65-0.090.920.740.610.820.880.95-0.310.55
0.56-0.190.60.70.570.620.46-0.070.590.070.69-0.290.160.590.560.19-0.10.460.290.450.70.560.44-0.250.62
0.62-0.350.130.080.750.60.02-0.990.510.070.420.030.940.20.710.79-0.150.650.130.720.090.430.71-0.370.29
0.79-0.350.450.490.880.940.22-0.410.70.690.42-0.20.570.360.730.46-0.070.580.220.740.50.790.6-0.420.89
-0.49-0.41-0.75-0.75-0.19-0.22-0.860.06-0.58-0.290.03-0.20.02-0.65-0.29-0.040.4-0.56-0.89-0.11-0.75-0.66-0.49-0.25-0.23
0.72-0.360.20.170.850.670.04-0.940.620.160.940.570.020.230.790.850.060.680.20.690.160.50.76-0.390.36
0.72-0.030.840.860.480.390.82-0.290.820.590.20.36-0.650.230.590.41-0.130.770.740.340.850.650.76-0.180.2
0.82-0.420.460.470.920.790.35-0.710.810.560.710.73-0.290.790.590.810.00.760.420.630.460.710.82-0.50.51
0.7-0.590.180.190.760.580.09-0.820.650.190.790.46-0.040.850.410.810.140.70.20.450.160.490.77-0.650.25
-0.13-0.15-0.26-0.22-0.06-0.25-0.240.16-0.09-0.1-0.15-0.070.40.06-0.130.00.14-0.26-0.13-0.36-0.26-0.34-0.13-0.1-0.32
0.93-0.130.710.710.790.710.64-0.720.920.460.650.58-0.560.680.770.760.7-0.260.670.660.720.820.97-0.260.48
0.620.420.850.830.30.210.92-0.230.740.290.130.22-0.890.20.740.420.2-0.130.670.160.820.630.670.260.14
0.73-0.310.430.390.810.830.16-0.710.610.450.720.74-0.110.690.340.630.45-0.360.660.160.410.680.66-0.360.68
0.740.220.971.00.460.460.9-0.180.820.70.090.5-0.750.160.850.460.16-0.260.720.820.410.750.70.070.44
0.91-0.110.720.740.770.830.6-0.50.880.560.430.79-0.660.50.650.710.49-0.340.820.630.680.750.81-0.260.77
0.95-0.170.710.70.820.690.61-0.780.950.440.710.6-0.490.760.760.820.77-0.130.970.670.660.70.81-0.290.43
-0.330.980.040.03-0.49-0.490.270.37-0.31-0.25-0.37-0.42-0.25-0.39-0.18-0.5-0.65-0.1-0.260.26-0.360.07-0.26-0.29-0.32
0.65-0.260.350.410.690.890.18-0.290.550.620.290.89-0.230.360.20.510.25-0.320.480.140.680.440.770.43-0.32
Click cells to compare fundamentals

Profire Ene Account Relationship Matchups

Profire Ene fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.2M48.3M48.0M53.9M66.3M69.6M
Other Current Liab2.5M1.2M1.9M3.4M5.5M5.8M
Total Current Liabilities5.2M2.4M3.7M6.8M9.1M9.6M
Total Stockholder Equity46.6M45.4M44.1M46.6M56.8M30.9M
Property Plant And Equipment Net12.2M12.1M11.3M10.5M11.2M6.5M
Net Debt(7.2M)(9.1M)(8.1M)(7.3M)(10.3M)(9.8M)
Retained Earnings24.7M22.5M21.5M25.4M36.2M38.0M
Accounts Payable2.6M1.2M1.8M3.0M2.7M1.4M
Cash7.4M9.1M8.2M7.4M10.8M6.4M
Non Current Assets Total24.1M22.5M23.8M21.9M21.9M11.4M
Non Currrent Assets Other(439.3K)(522.9K)(17.0M)(418.2K)(44.5M)(42.2M)
Cash And Short Term Investments11.2M11.5M9.2M8.5M13.6M8.7M
Net Receivables5.8M4.3M6.9M12.0M14.2M14.9M
Common Stock Total Equity49.7K50.8K51.4K52.1K60.0K49.3K
Common Stock Shares Outstanding48.1M47.8M48.1M48.4M49.1M49.3M
Liabilities And Stockholders Equity52.2M48.3M48.0M53.9M66.3M69.6M
Non Current Liabilities Total491.4K535.5K172.0K556.7K397.1K504.3K
Inventory9.6M8.4M7.2M10.3M14.1M14.8M
Other Current Assets166.6K228.9K200.5K217.5K2.6M2.8M
Other Stockholder Equity24.2M24.9M24.7M24.4M23.4M13.7M
Total Liab5.7M3.0M3.9M7.3M9.5M10.0M
Property Plant And Equipment Gross12.2M12.1M15.9M10.5M16.0M16.8M
Total Current Assets28.1M25.8M24.2M32.0M44.5M46.7M
Accumulated Other Comprehensive Income(2.4M)(2.1M)(2.1M)(3.3M)(2.8M)(2.7M)
Intangible Assets2.0M1.8M1.5M1.3M1.1M704.3K
Common Stock50.8K51.4K51.7K52.1K53.0K52.7K
Short Term Investments3.8M2.4M1.0M1.2M2.8M1.8M
Net Tangible Assets42.0M41.0M40.0M42.7M49.1M38.5M
Retained Earnings Total Equity22.7M24.7M22.5M25.4M29.2M21.5M
Capital Surpluse28.0M29.6M30.3M31.7M36.5M23.3M
Property Plant Equipment12.1M12.0M11.3M10.4M12.0M8.7M
Treasury Stock(6.9M)(2.6M)(5.4M)(7.3M)(6.6M)(6.3M)
Long Term Investments7.4M6.1M8.3M7.5M6.4M5.9M

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 Profire Ene is a strong investment it is important to analyze Profire Ene'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 Profire Ene's future performance. For an informed investment choice regarding Profire 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 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.