Geo Total Assets vs Net Working Capital Analysis

GEO Stock  USD 27.80  0.13  0.47%   
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 Total Assets and its Net Working Capital 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.

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Geo Group Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Geo's Total Assets and Net Working Capital is 0.12. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Geo Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Geo's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Geo assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Geo Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Working Capital

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 11th 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 Profit627.6M713.0M668.9M702.4M
Total Revenue2.3B2.4B2.4B1.3B

Geo fundamental ratios Correlations

0.950.80.620.98-0.350.911.00.430.370.920.970.460.780.980.560.890.970.970.450.450.750.630.890.590.33
0.950.840.650.94-0.410.890.950.30.410.950.890.340.850.920.640.80.90.910.360.360.820.760.960.510.35
0.80.840.510.77-0.330.810.80.120.580.780.720.190.660.790.520.720.780.810.170.170.690.580.750.540.8
0.620.650.510.680.150.60.630.140.470.750.480.040.810.50.890.470.480.490.080.080.850.780.610.160.16
0.980.940.770.68-0.220.890.990.350.430.920.910.360.760.930.580.810.910.920.340.340.730.610.870.540.29
-0.35-0.41-0.330.15-0.22-0.27-0.32-0.270.24-0.37-0.49-0.46-0.46-0.49-0.14-0.45-0.51-0.46-0.54-0.54-0.33-0.36-0.44-0.35-0.14
0.910.890.810.60.89-0.270.930.140.570.840.870.20.730.90.530.710.890.930.140.140.730.580.780.750.4
1.00.950.80.630.99-0.320.930.370.40.920.960.40.780.970.560.840.950.970.380.380.740.620.890.620.32
0.430.30.120.140.35-0.270.140.37-0.390.310.520.730.280.480.160.670.490.380.860.860.250.250.34-0.08-0.11
0.370.410.580.470.430.240.570.4-0.390.430.21-0.60.320.280.30.150.260.37-0.53-0.530.360.180.260.410.55
0.920.950.780.750.92-0.370.840.920.310.430.860.320.90.890.740.810.870.870.380.380.870.760.880.490.3
0.970.890.720.480.91-0.490.870.960.520.210.860.580.740.990.480.910.990.970.570.570.70.590.840.620.25
0.460.340.190.040.36-0.460.20.40.73-0.60.320.580.270.540.160.670.550.440.910.910.260.30.410.09-0.06
0.780.850.660.810.76-0.460.730.780.280.320.90.740.270.760.870.690.750.740.360.360.960.90.810.380.22
0.980.920.790.50.93-0.490.90.970.480.280.890.990.540.760.510.921.00.990.530.530.720.610.860.630.35
0.560.640.520.890.58-0.140.530.560.160.30.740.480.160.870.510.510.490.480.230.230.940.910.620.130.19
0.890.80.720.470.81-0.450.710.840.670.150.810.910.670.690.920.510.910.860.730.730.680.590.760.380.35
0.970.90.780.480.91-0.510.890.950.490.260.870.990.550.751.00.490.910.990.530.530.710.590.830.660.36
0.970.910.810.490.92-0.460.930.970.380.370.870.970.440.740.990.480.860.990.40.40.70.560.820.730.41
0.450.360.170.080.34-0.540.140.380.86-0.530.380.570.910.360.530.230.730.530.41.00.330.370.44-0.07-0.11
0.450.360.170.080.34-0.540.140.380.86-0.530.380.570.910.360.530.230.730.530.41.00.330.370.44-0.07-0.11
0.750.820.690.850.73-0.330.730.740.250.360.870.70.260.960.720.940.680.710.70.330.330.950.790.330.28
0.630.760.580.780.61-0.360.580.620.250.180.760.590.30.90.610.910.590.590.560.370.370.950.80.130.18
0.890.960.750.610.87-0.440.780.890.340.260.880.840.410.810.860.620.760.830.820.440.440.790.80.340.24
0.590.510.540.160.54-0.350.750.62-0.080.410.490.620.090.380.630.130.380.660.73-0.07-0.070.330.130.340.38
0.330.350.80.160.29-0.140.40.32-0.110.550.30.25-0.060.220.350.190.350.360.41-0.11-0.110.280.180.240.38
Click cells to compare fundamentals

Geo Account Relationship Matchups

Geo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B4.5B4.5B3.8B3.7B2.1B
Other Current Liab246.3M232.6M225.8M244.3M230.1M126.6M
Total Current Liabilities395.9M411.3M378.8M437.2M437.5M236.6M
Total Stockholder Equity996.0M912.1M975.0M1.2B1.3B1.4B
Property Plant And Equipment Net2.3B2.2B2.2B2.1B2.0B1.1B
Retained Earnings(119.8M)(222.9M)(176.0M)(4.2M)103.1M89.9M
Accounts Payable99.2M86.9M64.3M80.2M64.4M49.5M
Non Current Assets Total3.8B3.7B3.6B3.2B3.2B1.7B
Non Currrent Assets Other120.2M125.6M522.1M66.3M61.7M93.7M
Net Receivables442.2M6.3M6.5M416.4M390.0M209.3M
Common Stock Shares Outstanding119.3M120.0M120.7M122.3M123.7M102.8M
Liabilities And Stockholders Equity4.3B4.5B4.5B3.8B3.7B2.1B
Non Current Liabilities Total2.9B3.1B3.2B2.2B2.0B1.2B
Other Current Assets9.3M421.5M430.9M43.5M44.5M66.8M
Other Stockholder Equity1.3B1.2B1.2B1.2B1.2B1.3B
Total Liab3.3B3.5B3.6B2.6B2.4B1.4B
Property Plant And Equipment Gross2.3B2.2B2.2B2.1B3.2B3.3B
Total Current Assets547.8M711.3M943.9M555.0M528.5M362.0M
Accumulated Other Comprehensive Income(20.3M)(22.6M)(20.2M)(16.9M)(16.6M)(15.8M)
Short Long Term Debt Total2.9B3.0B3.1B2.1B1.9B1.2B
Net Debt2.8B2.8B2.6B2.0B1.8B1.1B
Cash32.5M283.5M506.5M95.1M94.0M78.9M
Cash And Short Term Investments32.5M283.5M506.5M95.1M94.0M80.1M
Good Will776.4M755.3M755.2M755.2M868.5M911.9M
Common Stock Total Equity1.2M1.3M1.3M1.3M1.5M1.5M
Common Stock1.3M1.3M1.3M1.3M1.3M706.4K
Intangible Assets986.4M943.0M166.1M147.7M135.9M129.1M
Short Term Debt50.4M53.2M45.0M66.6M79.8M57.1M
Other Liab105.9M146.3M167.8M149.9M172.3M181.0M
Other Assets499.1M558.9M522.1M199.3M3.7B3.9B
Long Term Debt2.4B2.9B2.9B1.9B1.7B1.5B
Property Plant Equipment2.1B2.1B2.2B2.1B2.4B1.4B
Short Term Investments44.9M48.8M32.4M26.7M24.1M46.7M
Net Tangible Assets419.9M74.5M53.7M263.5M237.2M302.6M
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

  0.96G Genpact LimitedPairCorr
  0.92BR Broadridge FinancialPairCorr
  0.85KC Kingsoft Cloud Holdings Tech BoostPairCorr

Moving against Geo Stock

  0.87DSS DSS IncPairCorr
  0.85VCIG VCI Global LimitedPairCorr
  0.83FC Franklin CoveyPairCorr
  0.76MG Mistras GroupPairCorr
  0.71EXPO ExponentPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Geo Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Geo'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 Geo Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Geo Group Stock:
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.