| GMD Stock | | | 2.50 0.04 1.57% |
Genesis Minerals financial indicator trend analysis is much more than just examining Genesis Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesis Minerals is a good investment. Please check the relationship between Genesis Minerals Net Tangible Assets and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Tangible Assets vs Cash
Net Tangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genesis Minerals Net Tangible Assets account and
Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Genesis Minerals' Net Tangible Assets and Cash is 0.99. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Genesis Minerals, assuming nothing else is changed. The correlation between historical values of Genesis Minerals' Net Tangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Genesis Minerals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., Genesis Minerals' Net Tangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Cash
Cash refers to the most liquid asset of Genesis Minerals, which is listed under current asset account on Genesis Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Genesis Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Genesis Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Genesis Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesis Minerals 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 Genesis Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 15.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (42.3
M).
Genesis Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Genesis Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genesis Minerals fundamental ratios Accounts
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Additional Tools for Genesis Stock Analysis
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measure Genesis Minerals' 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 Genesis Minerals is operating at the current time. Most of Genesis Minerals' value examination focuses on studying past and present price action to
predict the probability of Genesis Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Minerals' price. Additionally, you may evaluate how the addition of Genesis Minerals to your portfolios can decrease your overall portfolio volatility.