State Inventory vs Net Receivables Analysis
GAS Stock | 0.05 0 2.08% |
State Gas financial indicator trend analysis is much more than just breaking down State Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Gas is a good investment. Please check the relationship between State Gas Inventory and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in State Gas. 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.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Gas Inventory account and Net Receivables. At this time, the significance of the direction appears to have totally related.
The correlation between State Gas' Inventory and Net Receivables is 1.0. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of State Gas, assuming nothing else is changed. The correlation between historical values of State Gas' Inventory 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 Inventory of State Gas 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 Inventory i.e., State Gas' Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
Net Receivables
Most indicators from State Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Gas 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in State Gas. 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. Selling General Administrative is likely to gain to about 3.6 M in 2024. Issuance Of Capital Stock is likely to gain to about 8.2 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 181.9K | 1.7K | 197.8K | 99.9K | Interest Income | 368.0 | 21.2K | 69.5K | 73.0K |
State Gas fundamental ratios Correlations
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State Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
State Gas fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.9M | 29.5M | 33.9M | 40.9M | 48.3M | 45.9M | |
Other Current Liab | 171.2K | 207.3K | 168.5K | (1K) | 101.8K | 96.7K | |
Total Current Liabilities | 258.4K | 2.6M | 262.0K | 1.4M | 4.9M | 4.7M | |
Total Stockholder Equity | 11.7M | 25.2M | 31.3M | 36.6M | 40.3M | 77.2M | |
Other Liab | 915.4K | 1.8M | 2.3M | 2.9M | 2.6M | 2.5M | |
Net Tangible Assets | 11.7M | 25.2M | 31.3M | 36.6M | 32.9M | 31.3M | |
Retained Earnings | (6.2M) | (9.2M) | (7.9M) | (9.0M) | (12.7M) | (12.0M) | |
Accounts Payable | 87.1K | 2.4M | 93.5K | 603.3K | 2.6M | 2.7M | |
Cash | 875.0K | 3.2M | 3.2M | 453.3K | 31.8K | 30.2K | |
Net Receivables | 49.8K | 162.2K | 128.1K | 65.2K | 52.4K | 49.8K | |
Common Stock Shares Outstanding | 145.0M | 165.5M | 207.1M | 217.5M | 314.4M | 330.1M | |
Other Current Assets | 65.6K | 93.6K | 428.0 | 61.7K | 111.9K | 106.3K | |
Total Liab | 1.2M | 4.4M | 2.6M | 4.3M | 8.0M | 7.6M | |
Total Current Assets | 990.4K | 3.4M | 3.4M | 580.3K | 196.1K | 186.3K | |
Common Stock | 14.8M | 29.2M | 36.3M | 42.9M | 50.0M | 78.9M | |
Property Plant Equipment | 11.8M | 25.7M | 30.1M | 39.9M | 35.9M | 34.1M | |
Other Stockholder Equity | (8.6K) | 1.0 | (28.4K) | (33.9K) | (30.5K) | (29.0K) | |
Property Plant And Equipment Net | 617.0 | 919.4K | 741.7K | 39.9M | 47.7M | 50.1M | |
Net Debt | (875.0K) | (3.2M) | (3.2M) | (253.3K) | 2.1M | 2.2M | |
Non Current Assets Total | 11.9M | 26.1M | 30.5M | 40.3M | 48.1M | 50.5M | |
Non Currrent Assets Other | 11.8M | 24.8M | 29.4M | 36.1M | 37.7M | 20.7M | |
Cash And Short Term Investments | 875.0K | 3.2M | 3.2M | 453.3K | 31.8K | 30.2K | |
Liabilities And Stockholders Equity | 12.9M | 29.5M | 33.9M | 40.9M | 48.3M | 26.5M | |
Non Current Liabilities Total | 915.4K | 1.8M | 2.3M | 2.9M | 3.1M | 1.7M | |
Net Invested Capital | 11.7M | 25.2M | 31.3M | 36.8M | 42.5M | 23.6M | |
Property Plant And Equipment Gross | 11.8M | 25.8M | 30.4M | 40.4M | 48.4M | 50.9M | |
Accumulated Other Comprehensive Income | 3.1M | 5.2M | 2.9M | 2.7M | 3.0M | 2.5M | |
Net Working Capital | 732.0K | 832.3K | 3.1M | (787.6K) | (4.7M) | (4.5M) | |
Capital Stock | 14.8M | 29.2M | 36.3M | 42.9M | 50.0M | 34.2M |
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When running State Gas' price analysis, check to measure State Gas' 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 State Gas is operating at the current time. Most of State Gas' value examination focuses on studying past and present price action to predict the probability of State Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Gas' price. Additionally, you may evaluate how the addition of State Gas to your portfolios can decrease your overall portfolio volatility.