Greenland Accounts Payable from 2010 to 2024

GTEC Stock  USD 2.18  0.14  6.86%   
Greenland Acquisition's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 22.7 M. Accounts Payable is the amount Greenland Acquisition Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Greenland Acquisition's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2018-06-30
Previous Quarter
24.8 M
Current Value
26.3 M
Quarterly Volatility
11.1 M
 
Covid
Check Greenland Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenland Acquisition's main balance sheet or income statement drivers, such as Interest Expense of 237.9 K, Selling General Administrative of 3.7 M or Total Revenue of 79.9 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0032 or PTB Ratio of 1.19. Greenland financial statements analysis is a perfect complement when working with Greenland Acquisition Valuation or Volatility modules.
  
Check out the analysis of Greenland Acquisition Correlation against competitors.

Latest Greenland Acquisition's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Greenland Acquisition Corp over the last few years. An accounting item on the balance sheet that represents Greenland Acquisition obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Greenland Acquisition are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Greenland Acquisition's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenland Acquisition's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Greenland Accounts Payable Regression Statistics

Arithmetic Mean12,529,987
Geometric Mean1,047,577
Coefficient Of Variation103.47
Mean Deviation11,665,461
Median14,713,008
Standard Deviation12,965,077
Sample Variance168.1T
Range34.2M
R-Value0.81
Mean Square Error61.2T
R-Squared0.66
Significance0.0002
Slope2,358,538
Total Sum of Squares2353.3T

Greenland Accounts Payable History

202422.7 M
202325.3 M
202224.8 M
202129.1 M
202022 M
201914.7 M
201815 M

About Greenland Acquisition Financial Statements

Greenland Acquisition stakeholders use historical fundamental indicators, such as Greenland Acquisition's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Greenland Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in Greenland Acquisition's assets and liabilities are reflected in the revenues and expenses on Greenland Acquisition's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Greenland Acquisition Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable25.3 M22.7 M

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 Greenland Acquisition offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenland Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenland Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenland Acquisition Corp Stock:
Check out the analysis of Greenland Acquisition Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Industrial Machinery & Supplies & Components 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 Greenland Acquisition. If investors know Greenland 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 Greenland Acquisition 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
0.889
Earnings Share
(0.94)
Revenue Per Share
6.674
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.10)
The market value of Greenland Acquisition is measured differently than its book value, which is the value of Greenland that is recorded on the company's balance sheet. Investors also form their own opinion of Greenland Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Greenland Acquisition'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 Greenland Acquisition's market value can be influenced by many factors that don't directly affect Greenland Acquisition'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 Greenland Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenland Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenland Acquisition'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.