Greenlight Short Term Investments vs Other Liab Analysis

GLRE Stock  USD 14.93  0.10  0.67%   
Greenlight Capital financial indicator trend analysis is much more than just examining Greenlight Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenlight Capital is a good investment. Please check the relationship between Greenlight Capital Short Term Investments and its Other Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Short Term Investments vs Other Liab

Short Term Investments vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlight Capital Short Term Investments account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Greenlight Capital's Short Term Investments and Other Liab is -0.01. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Liab in the same time period over historical financial statements of Greenlight Capital Re, assuming nothing else is changed. The correlation between historical values of Greenlight Capital's Short Term Investments and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Greenlight Capital Re are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Short Term Investments i.e., Greenlight Capital's Short Term Investments and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Greenlight Capital balance sheet. It contains any investments Greenlight Capital Re undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Greenlight Capital can easily liquidate in the marketplace.

Other Liab

Most indicators from Greenlight Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenlight Capital 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 Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 20.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit571.3M414.6M624.3M655.5M
Total Revenue571.3M414.6M624.3M408.3M

Greenlight Capital fundamental ratios Correlations

0.64-0.060.580.270.330.360.060.40.140.00.940.640.140.060.360.37-0.460.430.080.270.070.01-0.110.0-0.05
0.64-0.180.930.470.850.84-0.070.750.120.030.60.990.120.00.890.56-0.280.0-0.310.52-0.52-0.59-0.050.040.39
-0.06-0.180.080.370.12-0.4-0.05-0.12-0.110.03-0.05-0.27-0.110.07-0.11-0.06-0.24-0.09-0.050.65-0.030.010.10.070.15
0.580.930.080.640.950.63-0.040.710.16-0.020.520.870.16-0.040.830.43-0.32-0.07-0.290.62-0.5-0.680.10.170.57
0.270.470.370.640.680.13-0.070.470.32-0.010.130.380.32-0.020.38-0.02-0.19-0.28-0.190.46-0.28-0.490.490.510.7
0.330.850.120.950.680.61-0.140.740.150.040.240.780.150.00.830.35-0.21-0.28-0.410.6-0.63-0.760.190.220.7
0.360.84-0.40.630.130.61-0.310.760.050.290.350.890.050.220.850.64-0.11-0.19-0.510.34-0.65-0.47-0.3-0.240.16
0.06-0.07-0.05-0.04-0.07-0.14-0.31-0.66-0.08-0.980.15-0.07-0.08-0.97-0.23-0.280.140.730.890.070.550.130.130.18-0.19
0.40.75-0.120.710.470.740.76-0.660.150.60.290.740.150.580.710.38-0.25-0.48-0.720.28-0.62-0.5-0.010.010.46
0.140.12-0.110.160.320.150.05-0.080.150.07-0.010.091.00.040.150.080.0-0.38-0.17-0.1-0.15-0.280.110.120.32
0.00.030.03-0.02-0.010.040.29-0.980.60.07-0.060.050.070.980.190.33-0.08-0.65-0.85-0.11-0.49-0.04-0.17-0.20.06
0.940.6-0.050.520.130.240.350.150.29-0.01-0.060.61-0.010.00.350.43-0.420.510.120.320.11-0.03-0.21-0.11-0.18
0.640.99-0.270.870.380.780.89-0.070.740.090.050.610.090.020.880.59-0.250.04-0.30.47-0.5-0.53-0.11-0.020.29
0.140.12-0.110.160.320.150.05-0.080.151.00.07-0.010.090.040.150.070.0-0.38-0.16-0.1-0.15-0.280.120.120.32
0.060.00.07-0.04-0.020.00.22-0.970.580.040.980.00.020.040.120.27-0.22-0.58-0.79-0.11-0.40.03-0.19-0.220.04
0.360.89-0.110.830.380.830.85-0.230.710.150.190.350.880.150.120.77-0.2-0.27-0.570.53-0.83-0.76-0.19-0.130.45
0.370.56-0.060.43-0.020.350.64-0.280.380.080.330.430.590.070.270.77-0.19-0.12-0.550.39-0.73-0.43-0.43-0.40.0
-0.46-0.28-0.24-0.32-0.19-0.21-0.110.14-0.250.0-0.08-0.42-0.250.0-0.22-0.2-0.19-0.160.11-0.310.05-0.020.330.28-0.15
0.430.0-0.09-0.07-0.28-0.28-0.190.73-0.48-0.38-0.650.510.04-0.38-0.58-0.27-0.12-0.160.830.040.650.520.030.11-0.5
0.08-0.31-0.05-0.29-0.19-0.41-0.510.89-0.72-0.17-0.850.12-0.3-0.16-0.79-0.57-0.550.110.83-0.150.850.520.220.26-0.37
0.270.520.650.620.460.60.340.070.28-0.1-0.110.320.47-0.1-0.110.530.39-0.310.04-0.15-0.38-0.36-0.1-0.080.2
0.07-0.52-0.03-0.5-0.28-0.63-0.650.55-0.62-0.15-0.490.11-0.5-0.15-0.4-0.83-0.730.050.650.85-0.380.710.180.2-0.48
0.01-0.590.01-0.68-0.49-0.76-0.470.13-0.5-0.28-0.04-0.03-0.53-0.280.03-0.76-0.43-0.020.520.52-0.360.710.00.03-0.61
-0.11-0.050.10.10.490.19-0.30.13-0.010.11-0.17-0.21-0.110.12-0.19-0.19-0.430.330.030.22-0.10.180.00.970.4
0.00.040.070.170.510.22-0.240.180.010.12-0.2-0.11-0.020.12-0.22-0.13-0.40.280.110.26-0.080.20.030.970.42
-0.050.390.150.570.70.70.16-0.190.460.320.06-0.180.290.320.040.450.0-0.15-0.5-0.370.2-0.48-0.610.40.42
Click cells to compare fundamentals

Greenlight Capital Account Relationship Matchups

Greenlight Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding36.1M36.3M34.4M39.8M34.8M37.6M
Total Assets1.4B1.4B1.4B1.6B1.7B2.1B
Other Current Liab(122.7M)(92.2M)(91.2M)(105.1M)(69.0M)(72.4M)
Total Stockholder Equity477.2M464.9M475.7M503.1M596.1M723.3M
Other Liab6.6M5.0M258.9M284.4M255.9M272.8M
Retained Earnings(30.1M)(27.1M)(9.5M)21.2M108.0M154.7M
Accounts Payable122.7M92.2M91.2M105.1M69.0M65.5M
Cash25.8M8.9M76.3M38.2M655.7M688.5M
Other Assets743.0M745.4M634.8M788.1M42.9M40.8M
Common Stock Total Equity3.7M3.5M3.4M3.5M3.1M4.2M
Short Term Investments152.1M247.0M183.6M178.2M(604.6M)(574.4M)
Liabilities And Stockholders Equity1.4B1.4B1.4B1.6B1.7B2.1B
Other Stockholder Equity503.5M488.5M481.8M478.4M484.5M504.8M
Total Liab878.0M892.8M951.8M1.1B1.1B1.3B
Common Stock3.7M3.5M3.4M3.5M3.5M4.2M
Net Debt67.7M86.9M21.8M42.3M(580.9M)(551.9M)
Non Current Assets Total308.3M250.2M299.9M70.3M417.2M724.3M
Non Currrent Assets Other864K2.4M3.0M(84.8M)3.7M3.5M
Cash And Short Term Investments25.8M8.9M76.3M38.2M51.1M35.4M
Net Receivables278.1M353.2M416.5M518.8M645.1M677.3M
Total Current Assets303.9M362.1M492.8M722.0M1.3B1.3B
Total Current Liabilities122.7M92.2M91.2M80.5M704.2M442.3M
Other Current Assets1.0B1.1B1.1B1.2B1.3B1.3B
Short Long Term Debt Total93.5M100.9M102.4M183.0M73.3M91.9M
Net Tangible Assets477.2M464.9M475.7M503.1M452.8M584.7M
Long Term Debt93.5M100.3M101.8M102.4M73.3M68.3M
Retained Earnings Total Equity(30.1M)(27.1M)(9.5M)21.2M19.1M18.1M
Long Term Debt Total93.5M100.3M101.8M102.4M117.8M67.3M
Non Current Liabilities Total93.5M95.8M98.1M996.7M1.1B1.2B
Capital Surpluse503.5M488.5M481.8M478.4M430.6M395.3M
Long Term Investments256.4M196.2M231.0M248.5M258.9M245.9M
Non Current Liabilities Other779.5M792.5M850.0M974.8M877.3M1.1B
Intangible Assets49.7M51.0M63.0M82.4M80.0M50.3M

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When determining whether Greenlight Capital is a strong investment it is important to analyze Greenlight Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Reinsurance 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 Greenlight Capital. If investors know Greenlight 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 Greenlight Capital 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
1.59
Earnings Share
2.53
Revenue Per Share
20.548
Quarterly Revenue Growth
0.079
Return On Assets
0.033
The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital'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 Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital'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 Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital'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.