Greenland Current Ratio from 2010 to 2024

GTEC Stock  USD 2.18  0.14  6.86%   
Greenland Acquisition's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.07. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.37595873
Current Value
1.07
Quarterly Volatility
0.41009897
 
Credit Downgrade
 
Yuan Drop
 
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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Greenland Acquisition Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Greenland Acquisition's Current Ratio 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.
ViewLast Reported 1.80 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Greenland Current Ratio Regression Statistics

Arithmetic Mean1.10
Geometric Mean1.03
Coefficient Of Variation37.44
Mean Deviation0.36
Median0.78
Standard Deviation0.41
Sample Variance0.17
Range1.2361
R-Value0.75
Mean Square Error0.08
R-Squared0.56
Significance0
Slope0.07
Total Sum of Squares2.35

Greenland Current Ratio History

2024 1.07
2023 1.38
2022 2.0
2021 1.63
2020 1.37
2018 1.43
2017 0.78

About Greenland Acquisition Financial Statements

Greenland Acquisition stakeholders use historical fundamental indicators, such as Greenland Acquisition's Current Ratio, 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
Current Ratio 1.38  1.07 

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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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.