Genasys Accounts Payable vs Good Will Analysis

GNSS Stock

USD 3.16 0.79 20.00%

Genasys financial indicator trend analysis is much more than just examining Genasys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genasys is a good investment. Please check the relationship between Genasys Accounts Payable and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genasys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Genasys Stock please use our How to Invest in Genasys guide.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genasys Accounts Payable account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Genasys' Accounts Payable and Good Will is 0.55. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Genasys, assuming nothing else is changed. The correlation between historical values of Genasys' Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Genasys are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Genasys' Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Genasys obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Genasys are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Genasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genasys 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 Genasys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Genasys Stock please use our How to Invest in Genasys guide.At this time, Genasys' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 8.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (8.71) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	26.3M	21.8M	25.0M	26.3M
Total Revenue	54.0M	46.7M	53.7M	56.3M

Gross Profit Total Revenue

Genasys fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.87	0.92	0.89	0.86	0.17	-0.3	0.55	0.28	0.93	0.55	0.49	0.75	0.53	0.62	0.77	0.76	0.7	0.67	0.91	0.86	0.72	0.74	0.53	0.82	0.86
Other Current Liab	0.87		0.95	0.63	0.94	0.49	-0.28	0.71	-0.03	0.91	0.47	0.13	0.8	0.22	0.43	0.54	0.7	0.79	0.51	0.95	0.94	0.42	0.91	0.22	0.93	0.94
Total Current Liabilities	0.92	0.95		0.69	0.97	0.37	-0.25	0.66	0.1	0.9	0.45	0.3	0.73	0.3	0.47	0.66	0.72	0.76	0.53	1.0	0.97	0.57	0.82	0.3	0.92	0.97
Total Stockholder Equity	0.89	0.63	0.69		0.59	-0.1	-0.22	0.27	0.43	0.78	0.58	0.65	0.58	0.66	0.71	0.77	0.58	0.5	0.74	0.67	0.59	0.84	0.5	0.66	0.56	0.6
Property Plant And Equipment Net	0.86	0.94	0.97	0.59		0.5	-0.25	0.72	-0.03	0.88	0.34	0.15	0.7	0.2	0.41	0.54	0.73	0.77	0.47	0.98	1.0	0.45	0.83	0.2	0.97	0.99
Net Debt	0.17	0.49	0.37	-0.1	0.5		0.12	0.57	-0.87	0.47	-0.06	-0.76	0.24	-0.52	-0.25	0.06	0.19	0.53	-0.14	0.41	0.5	-0.47	0.67	-0.52	0.52	0.5
Retained Earnings	-0.3	-0.28	-0.25	-0.22	-0.25	0.12		-0.57	-0.27	-0.15	-0.33	-0.22	-0.61	-0.74	-0.78	-0.04	-0.69	-0.37	-0.76	-0.24	-0.25	-0.37	-0.31	-0.74	-0.2	-0.2
Accounts Payable	0.55	0.71	0.66	0.27	0.72	0.57	-0.57		-0.28	0.6	0.28	-0.18	0.61	0.24	0.44	0.27	0.81	0.65	0.5	0.67	0.72	0.14	0.75	0.24	0.64	0.67
Cash	0.28	-0.03	0.1	0.43	-0.03	-0.87	-0.27	-0.28		-0.06	0.27	0.94	0.14	0.69	0.51	0.19	0.15	-0.17	0.41	0.07	-0.03	0.78	-0.31	0.69	-0.04	-0.03
Non Current Assets Total	0.93	0.91	0.9	0.78	0.88	0.47	-0.15	0.6	-0.06		0.51	0.17	0.68	0.26	0.43	0.7	0.68	0.77	0.51	0.9	0.88	0.45	0.88	0.26	0.86	0.89
Non Currrent Assets Other	0.55	0.47	0.45	0.58	0.34	-0.06	-0.33	0.28	0.27	0.51		0.34	0.6	0.51	0.52	0.4	0.26	0.5	0.55	0.44	0.34	0.46	0.51	0.51	0.36	0.39
Cash And Short Term Investments	0.49	0.13	0.3	0.65	0.15	-0.76	-0.22	-0.18	0.94	0.17	0.34		0.25	0.73	0.57	0.49	0.28	0.0	0.5	0.26	0.15	0.9	-0.14	0.73	0.11	0.15
Net Receivables	0.75	0.8	0.73	0.58	0.7	0.24	-0.61	0.61	0.14	0.68	0.6	0.25		0.52	0.66	0.5	0.68	0.75	0.7	0.73	0.7	0.51	0.73	0.52	0.72	0.69
Common Stock Total Equity	0.53	0.22	0.3	0.66	0.2	-0.52	-0.74	0.24	0.69	0.26	0.51	0.73	0.52		0.89	0.42	0.6	0.2	0.86	0.26	0.2	0.81	0.11	1.0	0.13	0.16
Common Stock Shares Outstanding	0.62	0.43	0.47	0.71	0.41	-0.25	-0.78	0.44	0.51	0.43	0.52	0.57	0.66	0.89		0.36	0.72	0.42	0.99	0.45	0.41	0.77	0.36	0.89	0.36	0.37
Short Term Investments	0.77	0.54	0.66	0.77	0.54	0.06	-0.04	0.27	0.19	0.7	0.4	0.49	0.5	0.42	0.36		0.48	0.53	0.41	0.63	0.54	0.64	0.45	0.42	0.47	0.56
Inventory	0.76	0.7	0.72	0.58	0.73	0.19	-0.69	0.81	0.15	0.68	0.26	0.28	0.68	0.6	0.72	0.48		0.58	0.75	0.72	0.73	0.53	0.64	0.6	0.62	0.67
Other Current Assets	0.7	0.79	0.76	0.5	0.77	0.53	-0.37	0.65	-0.17	0.77	0.5	0.0	0.75	0.2	0.42	0.53	0.58		0.5	0.77	0.77	0.28	0.88	0.2	0.79	0.77
Other Stockholder Equity	0.67	0.51	0.53	0.74	0.47	-0.14	-0.76	0.5	0.41	0.51	0.55	0.5	0.7	0.86	0.99	0.41	0.75	0.5		0.51	0.47	0.75	0.46	0.86	0.42	0.44
Total Liab	0.91	0.95	1.0	0.67	0.98	0.41	-0.24	0.67	0.07	0.9	0.44	0.26	0.73	0.26	0.45	0.63	0.72	0.77	0.51		0.98	0.54	0.83	0.26	0.94	0.99
Property Plant And Equipment Gross	0.86	0.94	0.97	0.59	1.0	0.5	-0.25	0.72	-0.03	0.88	0.34	0.15	0.7	0.2	0.41	0.54	0.73	0.77	0.47	0.98		0.45	0.83	0.2	0.97	0.99
Total Current Assets	0.72	0.42	0.57	0.84	0.45	-0.47	-0.37	0.14	0.78	0.45	0.46	0.9	0.51	0.81	0.77	0.64	0.53	0.28	0.75	0.54	0.45		0.16	0.81	0.39	0.44
Intangible Assets	0.74	0.91	0.82	0.5	0.83	0.67	-0.31	0.75	-0.31	0.88	0.51	-0.14	0.73	0.11	0.36	0.45	0.64	0.88	0.46	0.83	0.83	0.16		0.11	0.82	0.83
Common Stock	0.53	0.22	0.3	0.66	0.2	-0.52	-0.74	0.24	0.69	0.26	0.51	0.73	0.52	1.0	0.89	0.42	0.6	0.2	0.86	0.26	0.2	0.81	0.11		0.13	0.16
Short Long Term Debt Total	0.82	0.93	0.92	0.56	0.97	0.52	-0.2	0.64	-0.04	0.86	0.36	0.11	0.72	0.13	0.36	0.47	0.62	0.79	0.42	0.94	0.97	0.39	0.82	0.13		0.97
Non Current Liabilities Total	0.86	0.94	0.97	0.6	0.99	0.5	-0.2	0.67	-0.03	0.89	0.39	0.15	0.69	0.16	0.37	0.56	0.67	0.77	0.44	0.99	0.99	0.44	0.83	0.16	0.97

Click cells to compare fundamentals

Genasys Account Relationship Matchups

Genasys fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	71.4M	90.1M	71.9M	49.9M	57.4M	60.3M
Other Current Liab	7.1M	12.1M	7.8M	7.5M	8.6M	9.0M
Total Current Liabilities	15.5M	17.5M	15.4M	11.3M	12.9M	13.6M
Total Stockholder Equity	49.1M	66.0M	50.4M	33.8M	38.9M	22.2M
Property Plant And Equipment Net	7.2M	6.6M	6.3M	5.4M	6.3M	6.6M
Net Debt	(15.8M)	(6.3M)	(6.6M)	(3.4M)	(3.0M)	(3.2M)
Retained Earnings	(41.9M)	(41.2M)	(57.4M)	(76.1M)	(68.5M)	(71.9M)
Accounts Payable	1.4M	2.2M	2.3M	2.8M	3.2M	3.4M
Cash	23.3M	13.2M	12.7M	8.7M	10.0M	10.5M
Non Current Assets Total	26.1M	54.6M	36.3M	24.7M	28.4M	29.8M
Non Currrent Assets Other	520K	1.5M	1.2M	551K	633.7K	575.0K
Cash And Short Term Investments	27.6M	18.9M	19.1M	10.1M	11.7M	11.8M
Net Receivables	5.4M	7.7M	6.7M	6.0M	6.8M	7.2M
Common Stock Shares Outstanding	34.1M	35.6M	36.5M	36.9M	42.5M	28.4M
Short Term Investments	4.3M	5.7M	6.4M	1.5M	1.7M	2.9M
Liabilities And Stockholders Equity	71.4M	90.1M	71.9M	49.9M	57.4M	60.3M
Inventory	5.9M	6.4M	6.0M	6.8M	7.8M	8.2M
Other Current Assets	1.1M	2.5M	4.7M	2.3M	2.7M	2.8M
Other Stockholder Equity	91.2M	107.1M	108.6M	110.4M	126.9M	73.9M
Total Liab	22.2M	24.2M	21.5M	16.1M	18.5M	19.4M
Property Plant And Equipment Gross	7.2M	6.6M	6.3M	5.4M	6.3M	6.6M
Total Current Assets	45.3M	35.5M	35.6M	25.2M	29.0M	19.4M
Accumulated Other Comprehensive Income	(250K)	2K	(792K)	(505K)	(454.5K)	(477.2K)
Intangible Assets	943K	12.8M	10.5M	8.4M	9.7M	10.2M
Short Long Term Debt Total	7.5M	6.9M	6.1M	5.3M	6.1M	6.4M
Non Current Liabilities Total	6.7M	6.7M	6.1M	4.8M	5.6M	5.8M
Current Deferred Revenue	4.4M	9.8M	6.6M	2.7M	3.1M	1.9M
Short Term Debt	1.8M	2.1M	1.9M	1.0M	1.2M	873.6K
Other Liab	2.4M	293K	995K	907K	1.0M	1.0M
Net Tangible Assets	31.9M	45.7M	29.3M	29.8M	26.8M	27.4M
Other Assets	5.9M	11.6M	9.5M	8.6M	9.9M	9.4M
Long Term Investments	1.2M	1.4M	3.8M	1.9M	781K	0.0
Property Plant Equipment	2.3M	7.2M	6.6M	6.3M	7.2M	7.6M
Non Current Liabilities Other	293K	995K	907K	551K	495.9K	809.4K
Net Invested Capital	49.5M	296K	50.4M	33.8M	30.4M	27.3M
Net Working Capital	29.8M	18.0M	20.2M	13.9M	12.6M	17.5M

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 Genasys Stock Analysis

When running Genasys' price analysis, check to measure Genasys' 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 Genasys is operating at the current time. Most of Genasys' value examination focuses on studying past and present price action to predict the probability of Genasys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genasys' price. Additionally, you may evaluate how the addition of Genasys to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC