Geo Free Cash Flow vs Cash And Equivalents Analysis
GEO Stock | USD 27.77 0.03 0.11% |
Geo financial indicator trend analysis is much more than just examining Geo Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geo Group is a good investment. Please check the relationship between Geo Free Cash Flow and its Cash And Equivalents accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Free Cash Flow vs Cash And Equivalents
Free Cash Flow vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Geo Group Free Cash Flow account and Cash And Equivalents. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Geo's Free Cash Flow and Cash And Equivalents is 0.46. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Geo Group, assuming nothing else is changed. The correlation between historical values of Geo's Free Cash Flow and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Geo Group are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Free Cash Flow i.e., Geo's Free Cash Flow and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Cash And Equivalents
Most indicators from Geo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geo Group 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 Geo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Geo's Issuance Of Capital Stock is very stable compared to the past year. As of the 13th of December 2024, Enterprise Value is likely to grow to about 4.7 B, while Selling General Administrative is likely to drop about 104.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 627.6M | 713.0M | 668.9M | 702.4M | Total Revenue | 2.3B | 2.4B | 2.4B | 1.3B |
Geo fundamental ratios Correlations
Click cells to compare fundamentals
Geo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Geo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3B | 4.5B | 4.5B | 3.8B | 3.7B | 2.1B | |
Other Current Liab | 246.3M | 232.6M | 225.8M | 244.3M | 230.1M | 126.6M | |
Total Current Liabilities | 395.9M | 411.3M | 378.8M | 437.2M | 437.5M | 236.6M | |
Total Stockholder Equity | 996.0M | 912.1M | 975.0M | 1.2B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 2.3B | 2.2B | 2.2B | 2.1B | 2.0B | 1.1B | |
Retained Earnings | (119.8M) | (222.9M) | (176.0M) | (4.2M) | 103.1M | 89.9M | |
Accounts Payable | 99.2M | 86.9M | 64.3M | 80.2M | 64.4M | 49.5M | |
Non Current Assets Total | 3.8B | 3.7B | 3.6B | 3.2B | 3.2B | 1.7B | |
Non Currrent Assets Other | 120.2M | 125.6M | 522.1M | 66.3M | 61.7M | 93.7M | |
Net Receivables | 442.2M | 6.3M | 6.5M | 416.4M | 390.0M | 209.3M | |
Common Stock Shares Outstanding | 119.3M | 120.0M | 120.7M | 122.3M | 123.7M | 102.8M | |
Liabilities And Stockholders Equity | 4.3B | 4.5B | 4.5B | 3.8B | 3.7B | 2.1B | |
Non Current Liabilities Total | 2.9B | 3.1B | 3.2B | 2.2B | 2.0B | 1.2B | |
Other Current Assets | 9.3M | 421.5M | 430.9M | 43.5M | 44.5M | 66.8M | |
Other Stockholder Equity | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | |
Total Liab | 3.3B | 3.5B | 3.6B | 2.6B | 2.4B | 1.4B | |
Property Plant And Equipment Gross | 2.3B | 2.2B | 2.2B | 2.1B | 3.2B | 3.3B | |
Total Current Assets | 547.8M | 711.3M | 943.9M | 555.0M | 528.5M | 362.0M | |
Accumulated Other Comprehensive Income | (20.3M) | (22.6M) | (20.2M) | (16.9M) | (16.6M) | (15.8M) | |
Short Long Term Debt Total | 2.9B | 3.0B | 3.1B | 2.1B | 1.9B | 1.2B | |
Net Debt | 2.8B | 2.8B | 2.6B | 2.0B | 1.8B | 1.1B | |
Cash | 32.5M | 283.5M | 506.5M | 95.1M | 94.0M | 78.9M | |
Cash And Short Term Investments | 32.5M | 283.5M | 506.5M | 95.1M | 94.0M | 80.1M | |
Good Will | 776.4M | 755.3M | 755.2M | 755.2M | 868.5M | 911.9M | |
Common Stock Total Equity | 1.2M | 1.3M | 1.3M | 1.3M | 1.5M | 1.5M | |
Common Stock | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 706.4K | |
Intangible Assets | 986.4M | 943.0M | 166.1M | 147.7M | 135.9M | 129.1M | |
Short Term Debt | 50.4M | 53.2M | 45.0M | 66.6M | 79.8M | 57.1M | |
Other Liab | 105.9M | 146.3M | 167.8M | 149.9M | 172.3M | 181.0M | |
Other Assets | 499.1M | 558.9M | 522.1M | 199.3M | 3.7B | 3.9B | |
Long Term Debt | 2.4B | 2.9B | 2.9B | 1.9B | 1.7B | 1.5B | |
Property Plant Equipment | 2.1B | 2.1B | 2.2B | 2.1B | 2.4B | 1.4B | |
Short Term Investments | 44.9M | 48.8M | 32.4M | 26.7M | 24.1M | 46.7M | |
Net Tangible Assets | 419.9M | 74.5M | 53.7M | 263.5M | 237.2M | 302.6M | |
Noncontrolling Interest In Consolidated Entity | (599K) | (782K) | (1.0M) | (1.2M) | (1.1M) | (1.0M) | |
Retained Earnings Total Equity | (52.9M) | (119.8M) | (222.9M) | (176.0M) | (158.4M) | (150.4M) |
Pair Trading with Geo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Geo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Geo will appreciate offsetting losses from the drop in the long position's value.Moving together with Geo Stock
0.96 | G | Genpact Limited | PairCorr |
0.92 | BR | Broadridge Financial | PairCorr |
0.86 | KC | Kingsoft Cloud Holdings Buyout Trend | PairCorr |
Moving against Geo Stock
0.85 | VCIG | VCI Global Limited | PairCorr |
0.85 | DSS | DSS Inc | PairCorr |
0.79 | FC | Franklin Covey | PairCorr |
0.79 | MG | Mistras Group | PairCorr |
0.72 | EXPO | Exponent | PairCorr |
The ability to find closely correlated positions to Geo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Geo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Geo Group to buy it.
The correlation of Geo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Geo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Geo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Commercial Services & Supplies 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 Geo. If investors know Geo 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 Geo 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 0.188 | Earnings Share 0.28 | Revenue Per Share 18.972 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0555 |
The market value of Geo Group is measured differently than its book value, which is the value of Geo that is recorded on the company's balance sheet. Investors also form their own opinion of Geo's value that differs from its market value or its book value, called intrinsic value, which is Geo'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 Geo's market value can be influenced by many factors that don't directly affect Geo'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 Geo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geo'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.