Genesis Retained Earnings vs Property Plant And Equipment Gross Analysis

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 Retained Earnings and its Property Plant And Equipment Gross 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.

Retained Earnings vs Property Plant And Equipment Gross

Retained Earnings vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genesis Minerals Retained Earnings account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Genesis Minerals' Retained Earnings and Property Plant And Equipment Gross is -0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Gross 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' Retained Earnings and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Genesis Minerals are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Retained Earnings i.e., Genesis Minerals' Retained Earnings and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Gross

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).
 2021 2023 2024 (projected)
Other Operating Expenses46.5M386.4M405.7M
Total Revenue77.0M438.6M460.5M

Genesis Minerals fundamental ratios Correlations

1.01.01.01.0-0.96-0.830.90.991.00.990.910.67-0.621.01.01.01.01.01.00.80.840.661.01.0-0.98
1.01.01.01.0-0.96-0.830.90.991.00.990.910.66-0.621.01.01.01.01.01.00.810.840.661.01.0-0.98
1.01.01.01.0-0.93-0.80.930.981.00.980.940.67-0.651.01.00.990.991.00.990.840.880.661.01.0-0.97
1.01.01.01.0-0.96-0.830.90.991.00.990.910.67-0.621.01.01.01.01.01.00.80.840.661.01.0-0.98
1.01.01.01.0-0.96-0.830.890.991.00.990.90.67-0.621.01.01.01.01.01.00.80.840.661.01.0-0.98
-0.96-0.96-0.93-0.96-0.960.93-0.75-0.99-0.94-0.99-0.75-0.670.46-0.94-0.94-0.98-0.97-0.96-0.96-0.61-0.66-0.65-0.95-0.960.99
-0.83-0.83-0.8-0.83-0.830.93-0.62-0.89-0.81-0.89-0.58-0.780.33-0.82-0.8-0.87-0.86-0.84-0.85-0.41-0.5-0.74-0.82-0.840.88
0.90.90.930.90.89-0.75-0.620.840.920.840.980.68-0.720.920.920.870.890.890.890.930.990.680.920.89-0.81
0.990.990.980.990.99-0.99-0.890.840.981.00.850.69-0.570.980.981.01.00.990.990.730.770.670.990.99-0.99
1.01.01.01.01.0-0.94-0.810.920.980.980.930.67-0.641.01.00.991.01.00.990.830.870.661.01.0-0.97
0.990.990.980.990.99-0.99-0.890.841.00.980.850.69-0.570.980.981.01.00.990.990.730.770.670.990.99-0.99
0.910.910.940.910.9-0.75-0.580.980.850.930.850.61-0.730.930.930.870.890.90.90.950.980.610.920.9-0.82
0.670.660.670.670.67-0.67-0.780.680.690.670.690.61-0.430.680.660.680.690.660.70.380.620.930.670.67-0.64
-0.62-0.62-0.65-0.62-0.620.460.33-0.72-0.57-0.64-0.57-0.73-0.43-0.64-0.65-0.59-0.61-0.61-0.61-0.7-0.73-0.43-0.64-0.610.51
1.01.01.01.01.0-0.94-0.820.920.981.00.980.930.68-0.641.00.991.01.00.990.830.870.671.01.0-0.97
1.01.01.01.01.0-0.94-0.80.920.981.00.980.930.66-0.651.00.990.991.00.990.840.880.661.01.0-0.97
1.01.00.991.01.0-0.98-0.870.871.00.991.00.870.68-0.590.990.991.01.01.00.760.80.670.991.0-0.99
1.01.00.991.01.0-0.97-0.860.891.01.01.00.890.69-0.611.00.991.01.01.00.780.830.681.01.0-0.99
1.01.01.01.01.0-0.96-0.840.890.991.00.990.90.66-0.611.01.01.01.01.00.80.830.661.01.0-0.99
1.01.00.991.01.0-0.96-0.850.890.990.990.990.90.7-0.610.990.991.01.01.00.790.830.690.991.0-0.98
0.80.810.840.80.8-0.61-0.410.930.730.830.730.950.38-0.70.830.840.760.780.80.790.930.410.830.8-0.7
0.840.840.880.840.84-0.66-0.50.990.770.870.770.980.62-0.730.870.880.80.830.830.830.930.630.860.83-0.74
0.660.660.660.660.66-0.65-0.740.680.670.660.670.610.93-0.430.670.660.670.680.660.690.410.630.670.66-0.63
1.01.01.01.01.0-0.95-0.820.920.991.00.990.920.67-0.641.01.00.991.01.00.990.830.860.671.0-0.97
1.01.01.01.01.0-0.96-0.840.890.991.00.990.90.67-0.611.01.01.01.01.01.00.80.830.661.0-0.99
-0.98-0.98-0.97-0.98-0.980.990.88-0.81-0.99-0.97-0.99-0.82-0.640.51-0.97-0.97-0.99-0.99-0.99-0.98-0.7-0.74-0.63-0.97-0.99
Click cells to compare fundamentals

Genesis Minerals Account Relationship Matchups

Genesis Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.3M34.7M38.7M1.0B1.2B1.3B
Other Current Liab251.4K1.6M1.2M67.8M81.2M85.2M
Total Current Liabilities665.0K2.7M3.4M74.5M105.1M110.4M
Total Stockholder Equity10.7M23.9M28.6M838.2M991.4M1.0B
Property Plant And Equipment Net17.6K23.6M22.4M799.0M937.6M984.5M
Net Debt(11.1M)(11.0M)(16.1M)(170.2M)(126.1M)(119.8M)
Retained Earnings(43.2M)(55.1M)(101.5M)(213.2M)(129.2M)(122.8M)
Accounts Payable413.6K1.1M2.2M2.4M11.0M11.5M
Cash11.1M11.0M16.1M181.5M171.3M179.9M
Non Current Assets Total17.6K23.6M22.4M799.0M1.1B1.1B
Cash And Short Term Investments11.1M11.0M16.1M181.5M171.3M179.9M
Net Receivables141.3K78.8K75.3K1.9M9.1M9.6M
Liabilities And Stockholders Equity11.3M34.7M38.7M1.0B1.2B1.3B
Total Liab665.0K10.8M10.1M164.7M217.6M228.5M
Property Plant And Equipment Gross17.6K23.7M22.5M820.6M1.1B1.2B
Total Current Assets11.3M11.1M16.4M217.5M224.8M236.0M
Accumulated Other Comprehensive Income1.7M2.1M30.1M40.1M(11.9M)(11.3M)
Common Stock52.2M77.0M100.0M1.0B1.1B1.2B
Property Plant Equipment17.6K23.6M22.4M799.0M918.8M964.8M
Non Currrent Assets Other(7.3K)(6.1K)(23.6M)(4.0M)70.0M73.5M
Other Current Assets13.8K24.9K167.2K2.1M2.7M2.9M
Net Tangible Assets10.7M23.9M28.6M838.2M964.0M1.0B
Other Stockholder Equity(15.9M)(25.2M)30.1M(798.2M)(718.4M)(682.4M)
Net Invested Capital10.7M23.9M28.6M840.9M1.0B1.1B
Net Working Capital10.6M8.4M13.0M143.0M119.7M125.6M
Capital Stock52.2M77.0M100.0M1.0B1.1B1.2B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Genesis Stock Analysis

When running Genesis Minerals' price analysis, check to 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.