Gogoro Cash And Short Term Investments vs Net Receivables Analysis
GGROW Stock | USD 0.02 0.0002 1.00% |
Gogoro Equity financial indicator trend analysis is much more than just examining Gogoro Equity Warrant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gogoro Equity Warrant is a good investment. Please check the relationship between Gogoro Equity Cash And Short Term Investments and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogoro Equity Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gogoro Equity Warrant Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gogoro Equity's Cash And Short Term Investments and Net Receivables is -0.44. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gogoro Equity Warrant, assuming nothing else is changed. The correlation between historical values of Gogoro Equity's Cash And Short Term Investments 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 Cash And Short Term Investments of Gogoro Equity Warrant 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 Cash And Short Term Investments i.e., Gogoro Equity's Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Gogoro Equity Warrant balance sheet. This account contains Gogoro Equity investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Gogoro Equity Warrant fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Receivables
Most indicators from Gogoro Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gogoro Equity Warrant 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 Gogoro Equity Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Gogoro Equity's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 36.87 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 94.8M | 94.8M | 98.4M | 93.2M | Interest Income | 625K | 2.9M | 2.8M | 1.8M |
Gogoro Equity fundamental ratios Correlations
Click cells to compare fundamentals
Gogoro Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Gogoro Stock Analysis
When running Gogoro Equity's price analysis, check to measure Gogoro Equity's 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 Gogoro Equity is operating at the current time. Most of Gogoro Equity's value examination focuses on studying past and present price action to predict the probability of Gogoro Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro Equity's price. Additionally, you may evaluate how the addition of Gogoro Equity to your portfolios can decrease your overall portfolio volatility.