Gen Property Plant And Equipment Net vs Net 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 Property Plant And Equipment Net and its Net 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.
Property Plant And Equipment Net vs Net Debt
Property Plant And Equipment Net vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gen III Oil Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gen III's Property Plant And Equipment Net and Net Debt is -0.46. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net 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 Property Plant And Equipment Net and Net 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 Property Plant And Equipment Net of Gen III Oil are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Gen III's Property Plant And Equipment Net and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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
Click cells to compare fundamentals
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 |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Gen Stock Analysis
When running Gen III's price analysis, check to measure Gen III'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 Gen III is operating at the current time. Most of Gen III's value examination focuses on studying past and present price action to predict the probability of Gen III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen III's price. Additionally, you may evaluate how the addition of Gen III to your portfolios can decrease your overall portfolio volatility.