Gen Non Current Liabilities Total vs Short Term Debt Analysis
GIII Stock | CAD 0.34 0.02 6.25% |
Gen III financial indicator trend analysis is much more than just examining Gen III Oil latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gen III Oil is a good investment. Please check the relationship between Gen III Non Current Liabilities Total and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Non Current Liabilities Total vs Short Term Debt
Non Current Liabilities Total vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gen III Oil Non Current Liabilities Total account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gen III's Non Current Liabilities Total and Short Term Debt is 0.36. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Gen III Oil, assuming nothing else is changed. The correlation between historical values of Gen III's Non Current Liabilities Total and Short Term Debt 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 Gen III Oil are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Gen III's Non Current Liabilities Total and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Short Term Debt
Most indicators from Gen III's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gen III Oil 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 Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Issuance Of Capital Stock is likely to climb to about 5.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.8 M in 2024.
Gen III fundamental ratios Correlations
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Gen III Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gen III fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 11.3M | 8.5M | 1.2M | 2.7M | 2.5M | |
Total Current Liabilities | 3.0M | 5.0M | 800.4K | 2.0M | 1.9M | 1.2M | |
Total Stockholder Equity | (2.1M) | (4.2M) | 7.3M | (971.1K) | (1.9M) | (1.8M) | |
Property Plant And Equipment Net | 9.7M | 9.7M | 439.8K | 303.6K | 190.0K | 180.5K | |
Net Debt | 11.5M | 13.0M | (7.2M) | (340.7K) | 773.7K | 812.3K | |
Retained Earnings | (91.0M) | (95.7M) | (100.5M) | (112.9M) | (118.6M) | (112.7M) | |
Accounts Payable | 680.5K | 319.4K | 165.9K | 514.5K | 279.1K | 491.8K | |
Cash | 732.7K | 1.4M | 7.7M | 718.4K | 2.1M | 3.8M | |
Non Current Assets Total | 10.0M | 9.7M | 482.0K | 341.9K | 257.6K | 244.7K | |
Cash And Short Term Investments | 756.6K | 1.4M | 7.7M | 718.4K | 2.3M | 3.8M | |
Net Receivables | 80.8K | 146.7K | 32.0K | 27.0K | 26.8K | 25.5K | |
Common Stock Shares Outstanding | 73.9M | 84.8M | 105.6M | 113.8M | 117.6M | 123.5M | |
Liabilities And Stockholders Equity | 11.0M | 11.3M | 8.5M | 1.2M | 2.7M | 2.5M | |
Other Current Assets | 124.9K | 73.8K | 258.1K | 144.5K | 134.3K | 132.1K | |
Other Stockholder Equity | 8.9M | 9.2M | 11.8M | 13.2M | 15.3M | 21.4M | |
Total Liab | 13.1M | 15.5M | 1.2M | 2.2M | 4.6M | 2.5M | |
Total Current Assets | 962.3K | 1.6M | 8.0M | 889.9K | 2.4M | 3.9M | |
Non Currrent Assets Other | 65.7K | 35.1K | 318.2K | (1.0) | (1.15) | (1.09) | |
Other Current Liab | 211K | 1.1M | 710.6K | 1.3M | 1.4M | 758.7K | |
Non Current Liabilities Total | 10.0M | 10.5M | 406.6K | 212.0K | 2.7M | 2.9M | |
Net Tangible Assets | 510.6K | (2.1M) | (4.2M) | 7.3M | 6.6M | 6.9M | |
Common Stock | 80.0M | 82.3M | 95.9M | 98.7M | 101.3M | 86.5M | |
Net Invested Capital | (2.1M) | (4.1M) | 7.3M | (971.1K) | 632.3K | 781.4K | |
Net Working Capital | (2.1M) | (3.4M) | 7.2M | (1.1M) | 547.3K | 836.5K | |
Capital Stock | 80.0M | 82.3M | 95.9M | 98.7M | 101.3M | 98.1M |
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