GRG Non Current Liabilities Total vs Net Receivables Analysis

002152 Stock   12.24  0.02  0.16%   
GRG Banking financial indicator trend analysis is much more than just examining GRG Banking Equipment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GRG Banking Equipment is a good investment. Please check the relationship between GRG Banking Non Current Liabilities Total and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GRG Banking Equipment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GRG Banking Equipment Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GRG Banking's Non Current Liabilities Total and Net Receivables is 0.86. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of GRG Banking Equipment, assuming nothing else is changed. The correlation between historical values of GRG Banking's Non Current Liabilities Total and Net Receivables 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 Current Liabilities Total of GRG Banking Equipment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., GRG Banking's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Net Receivables

Most indicators from GRG Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GRG Banking Equipment 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in GRG Banking Equipment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 29, 2024, Selling General Administrative is expected to decline to about 672.3 M. In addition to that, Tax Provision is expected to decline to about 145.4 M
 2021 2022 2023 2024 (projected)
Operating Income1.1B1.1B1.2B714.6M
Total Revenue6.8B7.5B9.0B9.5B

GRG Banking fundamental ratios Correlations

0.810.740.960.960.480.970.8-0.990.970.850.970.980.330.890.810.970.950.870.650.150.820.961.00.780.95
0.810.830.930.620.030.720.66-0.850.70.590.910.75-0.030.80.680.90.810.870.26-0.180.470.930.840.990.71
0.740.830.850.570.180.560.31-0.720.630.420.770.66-0.250.630.370.750.660.760.450.170.50.850.770.820.66
0.960.930.850.840.290.890.75-0.970.90.770.990.910.170.890.770.980.930.910.540.020.681.00.970.90.89
0.960.620.570.840.660.970.79-0.920.970.850.880.970.450.810.780.880.890.740.720.290.90.840.940.590.94
0.480.030.180.290.660.510.28-0.40.530.30.330.540.120.20.220.310.340.150.710.620.720.280.450.050.59
0.970.720.560.890.970.510.88-0.970.980.90.930.970.470.890.860.940.950.80.640.110.80.890.960.680.93
0.80.660.310.750.790.280.88-0.850.840.790.820.780.520.80.90.840.830.640.43-0.190.550.740.790.640.77
-0.99-0.85-0.72-0.97-0.92-0.4-0.97-0.85-0.96-0.85-0.99-0.96-0.32-0.9-0.84-0.99-0.97-0.87-0.61-0.03-0.74-0.97-0.99-0.82-0.93
0.970.70.630.90.970.530.980.84-0.960.890.930.950.450.850.820.930.950.790.720.140.780.90.970.660.94
0.850.590.420.770.850.30.90.79-0.850.890.810.860.720.830.850.830.90.820.56-0.010.660.770.840.50.77
0.970.910.770.990.880.330.930.82-0.990.930.810.940.250.90.821.00.960.90.53-0.010.70.990.980.880.91
0.980.750.660.910.970.540.970.78-0.960.950.860.940.40.860.820.940.930.840.620.180.870.910.970.710.95
0.33-0.03-0.250.170.450.120.470.52-0.320.450.720.250.40.330.640.30.440.270.28-0.180.290.180.29-0.120.34
0.890.80.630.890.810.20.890.8-0.90.850.830.90.860.330.710.90.860.880.480.10.690.890.90.740.74
0.810.680.370.770.780.220.860.9-0.840.820.850.820.820.640.710.860.880.680.38-0.330.530.770.790.650.82
0.970.90.750.980.880.310.940.84-0.990.930.831.00.940.30.90.860.970.890.52-0.050.70.980.980.870.92
0.950.810.660.930.890.340.950.83-0.970.950.90.960.930.440.860.880.970.860.54-0.080.680.930.950.770.9
0.870.870.760.910.740.150.80.64-0.870.790.820.90.840.270.880.680.890.860.440.050.640.920.880.790.73
0.650.260.450.540.720.710.640.43-0.610.720.560.530.620.280.480.380.520.540.440.480.650.540.650.230.68
0.15-0.180.170.020.290.620.11-0.19-0.030.14-0.01-0.010.18-0.180.1-0.33-0.05-0.080.050.480.550.020.14-0.210.11
0.820.470.50.680.90.720.80.55-0.740.780.660.70.870.290.690.530.70.680.640.650.550.680.790.440.78
0.960.930.851.00.840.280.890.74-0.970.90.770.990.910.180.890.770.980.930.920.540.020.680.970.90.89
1.00.840.770.970.940.450.960.79-0.990.970.840.980.970.290.90.790.980.950.880.650.140.790.970.80.94
0.780.990.820.90.590.050.680.64-0.820.660.50.880.71-0.120.740.650.870.770.790.23-0.210.440.90.80.71
0.950.710.660.890.940.590.930.77-0.930.940.770.910.950.340.740.820.920.90.730.680.110.780.890.940.71
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GRG Banking Account Relationship Matchups

GRG Banking fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.2B15.7B17.0B20.2B26.2B27.5B
Short Long Term Debt Total80.0M496.7M238.5M484.0M1.7B1.8B
Other Current Liab1.6B70.3M52.8M1.4B5.7B6.0B
Total Current Liabilities4.2B4.7B4.9B6.3B11.2B11.8B
Total Stockholder Equity9.1B10.0B11.0B11.6B12.0B12.6B
Other Liab108.0M86.3M113.0M69.0M79.3M54.9M
Property Plant And Equipment Net1.1B1.7B1.8B1.9B2.0B2.1B
Current Deferred Revenue1.3B2.9B3.1B2.3B2.5B2.7B
Net Debt(4.4B)(6.1B)(6.2B)(7.0B)(10.0B)(9.5B)
Retained Earnings4.2B4.7B5.1B5.6B6.0B6.3B
Accounts Payable1.2B1.2B1.6B2.5B1.6B1.7B
Cash4.5B6.6B6.4B7.5B11.7B12.3B
Non Current Assets Total4.5B4.8B5.2B6.2B7.3B7.7B
Non Currrent Assets Other1.5B669.6M1.6B2.3B72.2M68.5M
Other Assets252.9M1.0249.5M674.1M775.3M814.0M
Cash And Short Term Investments5.9B7.2B7.5B8.4B12.9B13.5B
Net Receivables1.8B2.0B2.0B2.5B2.9B3.0B
Liabilities And Stockholders Equity14.2B15.7B17.0B20.2B26.2B27.5B
Non Current Liabilities Total86.3M113.0M107.4M455.5M460.7M483.7M
Inventory1.9B1.7B1.7B2.1B2.6B1.3B
Other Current Assets73.6M108.4M567.7M962.0M453.6M587.5M
Other Stockholder Equity2.0B2.0B2.6B2.9B3.0B3.1B
Total Liab4.3B4.8B5.0B6.8B11.7B12.3B
Total Current Assets9.7B10.9B11.8B14.0B18.8B19.7B
Short Term Debt80.0M496.7M200.1M130.6M1.4B1.5B
Intangible Assets214.5M214.2M177.7M175.6M264.5M277.7M
Property Plant Equipment1.1B1.1B1.7B1.8B2.0B2.1B
Good Will978.7M947.4M878.2M827.2M1.6B1.6B
Short Term Investments1.4B562.9M1.1B920.3M1.2B633.6M
Net Tangible Assets7.9B8.8B9.9B10.3B11.9B8.9B
Deferred Long Term Liab18.6M52.6M46.7M62.3M71.6M36.0M
Short Long Term Debt80.0M496.7M187.4M104.2M239.6M161.0M
Net Invested Capital9.1B10.5B11.2B12.0B12.6B11.5B
Net Working Capital5.5B6.3B6.9B7.7B7.6B7.1B

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Other Information on Investing in GRG Stock

Balance Sheet is a snapshot of the financial position of GRG Banking Equipment at a specified time, usually calculated after every quarter, six months, or one year. GRG Banking Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GRG Banking and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GRG currently owns. An asset can also be divided into two categories, current and non-current.