Planet Non Currrent Assets Other vs Short Long Term Debt Total Analysis

PLNT Stock  USD 95.27  0.94  0.98%   
Planet Fitness financial indicator trend analysis is much more than just breaking down Planet Fitness prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Planet Fitness is a good investment. Please check the relationship between Planet Fitness Non Currrent Assets Other and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Non Currrent Assets Other vs Short Long Term Debt Total

Non Currrent Assets Other vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planet Fitness Non Currrent Assets Other account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Planet Fitness' Non Currrent Assets Other and Short Long Term Debt Total is -0.73. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Planet Fitness, assuming nothing else is changed. The correlation between historical values of Planet Fitness' Non Currrent Assets Other and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Planet Fitness are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Currrent Assets Other i.e., Planet Fitness' Non Currrent Assets Other and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Long Term Debt Total

Most indicators from Planet Fitness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Planet Fitness 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 Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.At this time, Planet Fitness' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 18.77 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit315.9M474.0M408.2M267.8M
Total Revenue587.0M936.8M1.1B554.8M

Planet Fitness fundamental ratios Correlations

0.970.030.98-0.620.850.880.860.98-0.430.830.98-0.620.80.950.840.810.780.840.460.960.270.880.350.960.85
0.97-0.080.92-0.780.890.830.80.99-0.470.920.92-0.730.871.00.930.80.670.880.370.990.120.950.190.990.78
0.03-0.080.220.25-0.070.070.13-0.060.39-0.130.080.12-0.25-0.09-0.120.220.19-0.010.1-0.080.46-0.310.2-0.060.12
0.980.920.22-0.540.810.860.860.94-0.320.780.97-0.570.730.90.790.840.790.830.470.910.380.790.390.920.85
-0.62-0.780.25-0.54-0.84-0.4-0.37-0.730.24-0.88-0.490.77-0.87-0.82-0.87-0.67-0.15-0.810.02-0.820.24-0.810.41-0.8-0.33
0.850.89-0.070.81-0.840.650.670.88-0.180.810.79-0.690.980.910.820.90.50.910.30.930.080.81-0.080.930.61
0.880.830.070.86-0.40.650.990.85-0.610.670.88-0.510.610.80.680.650.960.670.750.80.30.730.640.810.99
0.860.80.130.86-0.370.670.990.83-0.530.610.88-0.490.610.770.630.70.970.680.780.780.40.670.630.790.99
0.980.99-0.060.94-0.730.880.850.83-0.480.870.95-0.70.850.990.880.810.720.850.420.990.180.920.240.990.81
-0.43-0.470.39-0.320.24-0.18-0.61-0.53-0.48-0.39-0.420.38-0.24-0.45-0.39-0.12-0.55-0.22-0.35-0.420.09-0.53-0.44-0.41-0.56
0.830.92-0.130.78-0.880.810.670.610.87-0.390.71-0.740.820.941.00.70.450.880.170.92-0.090.950.010.920.62
0.980.920.080.97-0.490.790.880.880.95-0.420.71-0.540.730.890.730.780.830.760.520.90.370.790.450.910.86
-0.62-0.730.12-0.570.77-0.69-0.51-0.49-0.70.38-0.74-0.54-0.68-0.75-0.74-0.54-0.35-0.65-0.19-0.74-0.16-0.740.14-0.73-0.47
0.80.87-0.250.73-0.870.980.610.610.85-0.240.820.73-0.680.890.830.830.430.890.250.91-0.050.84-0.120.910.56
0.951.0-0.090.9-0.820.910.80.770.99-0.450.940.89-0.750.890.940.820.640.90.341.00.10.950.131.00.75
0.840.93-0.120.79-0.870.820.680.630.88-0.391.00.73-0.740.830.940.70.460.890.190.93-0.080.950.030.930.63
0.810.80.220.84-0.670.90.650.70.81-0.120.70.78-0.540.830.820.70.580.910.290.840.340.650.040.840.62
0.780.670.190.79-0.150.50.960.970.72-0.550.450.83-0.350.430.640.460.580.520.790.640.490.540.770.650.97
0.840.88-0.010.83-0.810.910.670.680.85-0.220.880.76-0.650.890.90.890.910.520.280.910.140.820.010.910.63
0.460.370.10.470.020.30.750.780.42-0.350.170.52-0.190.250.340.190.290.790.280.350.30.230.690.360.79
0.960.99-0.080.91-0.820.930.80.780.99-0.420.920.9-0.740.911.00.930.840.640.910.350.110.940.131.00.76
0.270.120.460.380.240.080.30.40.180.09-0.090.37-0.16-0.050.1-0.080.340.490.140.30.11-0.030.360.120.33
0.880.95-0.310.79-0.810.810.730.670.92-0.530.950.79-0.740.840.950.950.650.540.820.230.94-0.030.120.930.68
0.350.190.20.390.41-0.080.640.630.24-0.440.010.450.14-0.120.130.030.040.770.010.690.130.360.120.140.68
0.960.99-0.060.92-0.80.930.810.790.99-0.410.920.91-0.730.911.00.930.840.650.910.361.00.120.930.140.77
0.850.780.120.85-0.330.610.990.990.81-0.560.620.86-0.470.560.750.630.620.970.630.790.760.330.680.680.77
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Planet Fitness Account Relationship Matchups

Planet Fitness fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.0B2.9B3.0B1.7B
Short Long Term Debt Total1.9B1.9B2.0B2.3B2.4B1.4B
Other Current Liab79.1M(439.9M)82.6M117.5M38.0M39.9M
Total Current Liabilities145.5M111.9M176.6M244.5M251.3M144.0M
Total Stockholder Equity(706.5M)(705.9M)(645.4M)(199.0M)(115.6M)(121.4M)
Other Liab438.7M524.2M544.3M501.3M576.5M382.9M
Property Plant And Equipment Net301.1M324.9M364.0M695.8M771.4M810.0M
Current Deferred Revenue27.6M26.7M28.4M53.8M59.6M62.6M
Net Debt1.4B1.5B1.4B1.9B2.1B1.1B
Accounts Payable21.3M19.4M27.9M20.6M23.8M20.1M
Cash436.3M439.5M545.9M409.8M322.1M270.2M
Non Current Assets Total1.2B1.3B1.4B2.3B2.5B1.3B
Non Currrent Assets Other1.9M1.9M2.0M3.9M3.9M4.2M
Other Assets414.2M677.3M541.3M458.4M527.2M382.9M
Long Term Debt1.7B1.8B1.7B2.0B2.0B1.3B
Cash And Short Term Investments436.3M439.5M545.9M409.8M350.7M273.1M
Net Receivables52.4M38.7M44.4M66.7M56.3M47.9M
Common Stock Shares Outstanding83.6M80.3M83.9M84.5M85.2M73.5M
Liabilities And Stockholders Equity1.7B1.8B2.0B2.9B3.0B1.7B
Non Current Liabilities Total2.3B2.4B2.5B2.8B2.8B1.8B
Inventory877K473K1.2M5.3M4.7M3.2M
Other Current Assets50.6M88.2M70.9M73.7M60.1M40.1M
Other Stockholder Equity29.8M45.7M63.4M505.1M575.6M604.4M
Total Liab2.4B2.6B2.7B3.1B3.1B1.9B
Property Plant And Equipment Gross301.1M324.9M516.3M923.6M1.1B1.1B
Total Current Assets540.1M566.8M662.4M555.5M471.8M365.9M
Accumulated Other Comprehensive Income303K27K12K(448K)172K180.6K
Intangible Assets233.9M217.1M200.9M417.1M372.5M303.7M
Property Plant Equipment301.1M160.7M364.0M695.8M800.1M840.1M
Net Tangible Assets(1.2B)(1.2B)(1.1B)(1.3B)(1.2B)(1.2B)
Retained Earnings(736.6M)(751.6M)(708.8M)(703.7M)(691.5M)(656.9M)
Deferred Long Term Liab16.2M12.4M1.1M881K792.9K753.3K
Noncontrolling Interest In Consolidated Entity(8.2M)(1.3M)196K2.5M2.9M3.0M
Retained Earnings Total Equity(394.4M)(736.6M)(751.6M)(708.8M)(637.9M)(669.8M)

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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.