Granite Net Debt vs Gross Profit Margin Analysis

GPMT Stock

USD 3.43 0.01 0.29%

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

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Granite Point Mortgage Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Granite Point's Net Debt and Gross Profit Margin is -0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Granite Point Mortgage, assuming nothing else is changed. The correlation between historical values of Granite Point's Net Debt and Gross Profit Margin 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 Debt of Granite Point Mortgage are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Granite Point's Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

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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.

Gross Profit Margin

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

Tax Provision is likely to gain to about 116.2 K in 2024, whereas Selling General Administrative is likely to drop slightly above 20.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	57.4M	47.3M	255.2M	268.0M
Total Revenue	87.5M	78.3M	266.5M	279.8M

Gross Profit Total Revenue

Granite Point fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt
Total Assets		0.95	-0.36	0.07	0.96	0.9	0.91	-0.23	0.89	-0.52	0.82	0.75	0.69	-0.23	0.29	0.9	0.28	0.86	-0.95	0.92	0.48	0.76	-0.77	0.93	0.82	-0.68
Short Long Term Debt Total	0.95		-0.41	0.19	0.9	0.84	0.86	-0.22	0.89	-0.47	0.8	0.79	0.67	-0.29	0.37	0.9	0.07	0.8	-0.88	0.87	0.47	0.88	-0.8	0.83	0.8	-0.64
Other Current Liab	-0.36	-0.41		0.47	-0.31	-0.42	-0.29	0.01	-0.67	0.29	-0.53	-0.48	-0.33	0.58	0.0	-0.66	-0.1	-0.27	0.15	-0.59	-0.36	-0.61	0.58	-0.18	0.07	0.41
Total Current Liabilities	0.07	0.19	0.47		0.01	-0.11	-0.04	0.25	-0.14	0.26	0.08	0.22	0.25	0.29	-0.18	-0.11	-0.16	0.09	-0.14	-0.2	-0.28	-0.05	0.01	-0.06	0.37	0.19
Total Stockholder Equity	0.96	0.9	-0.31	0.01		0.92	0.96	-0.28	0.84	-0.61	0.8	0.74	0.69	-0.28	0.24	0.85	0.37	0.78	-0.96	0.91	0.59	0.7	-0.76	0.91	0.88	-0.8
Other Liab	0.9	0.84	-0.42	-0.11	0.92		0.96	-0.32	0.85	-0.74	0.89	0.8	0.64	-0.48	0.28	0.86	0.41	0.85	-0.88	0.9	0.66	0.76	-0.86	0.84	0.81	-0.69
Net Tangible Assets	0.91	0.86	-0.29	-0.04	0.96	0.96		-0.36	0.8	-0.72	0.83	0.78	0.68	-0.33	0.32	0.81	0.33	0.8	-0.95	0.88	0.66	0.74	-0.78	0.88	0.89	-0.77
Current Deferred Revenue	-0.23	-0.22	0.01	0.25	-0.28	-0.32	-0.36		-0.19	0.78	-0.27	-0.31	-0.23	0.33	-0.53	-0.2	0.07	-0.33	0.34	-0.41	-0.66	-0.31	0.43	-0.25	-0.24	0.17
Net Debt	0.89	0.89	-0.67	-0.14	0.84	0.85	0.8	-0.19		-0.53	0.78	0.71	0.66	-0.43	0.18	1.0	0.32	0.81	-0.76	0.92	0.62	0.84	-0.79	0.8	0.59	-0.57
Retained Earnings	-0.52	-0.47	0.29	0.26	-0.61	-0.74	-0.72	0.78	-0.53		-0.7	-0.68	-0.57	0.57	-0.26	-0.55	-0.37	-0.63	0.62	-0.7	-0.89	-0.51	0.75	-0.48	-0.55	0.47
Accounts Payable	0.82	0.8	-0.53	0.08	0.8	0.89	0.83	-0.27	0.78	-0.7		0.97	0.81	-0.49	0.08	0.81	0.34	0.78	-0.78	0.87	0.56	0.73	-0.93	0.61	0.7	-0.66
Cash	0.75	0.79	-0.48	0.22	0.74	0.8	0.78	-0.31	0.71	-0.68	0.97		0.84	-0.45	0.09	0.74	0.19	0.69	-0.74	0.79	0.56	0.75	-0.9	0.5	0.71	-0.65
Non Current Assets Total	0.69	0.67	-0.33	0.25	0.69	0.64	0.68	-0.23	0.66	-0.57	0.81	0.84		-0.05	-0.23	0.67	0.37	0.71	-0.76	0.72	0.58	0.55	-0.61	0.53	0.66	-0.51
Non Currrent Assets Other	-0.23	-0.29	0.58	0.29	-0.28	-0.48	-0.33	0.33	-0.43	0.57	-0.49	-0.45	-0.05		-0.2	-0.45	-0.25	-0.24	0.1	-0.41	-0.53	-0.39	0.71	-0.08	-0.13	0.29
Other Assets	0.29	0.37	0.0	-0.18	0.24	0.28	0.32	-0.53	0.18	-0.26	0.08	0.09	-0.23	-0.2		0.19	-0.58	0.18	-0.25	0.27	0.11	0.51	-0.31	0.35	0.22	-0.19
Long Term Debt	0.9	0.9	-0.66	-0.11	0.85	0.86	0.81	-0.2	1.0	-0.55	0.81	0.74	0.67	-0.45	0.19		0.31	0.82	-0.78	0.93	0.63	0.85	-0.82	0.8	0.61	-0.58
Cash And Short Term Investments	0.28	0.07	-0.1	-0.16	0.37	0.41	0.33	0.07	0.32	-0.37	0.34	0.19	0.37	-0.25	-0.58	0.31		0.41	-0.31	0.31	0.42	-0.17	-0.22	0.32	0.28	-0.17
Net Receivables	0.86	0.8	-0.27	0.09	0.78	0.85	0.8	-0.33	0.81	-0.63	0.78	0.69	0.71	-0.24	0.18	0.82	0.41		-0.84	0.83	0.58	0.67	-0.74	0.84	0.72	-0.32
Common Stock Total Equity	-0.95	-0.88	0.15	-0.14	-0.96	-0.88	-0.95	0.34	-0.76	0.62	-0.78	-0.74	-0.76	0.1	-0.25	-0.78	-0.31	-0.84		-0.86	-0.56	-0.67	0.69	-0.92	-0.92	0.69
Common Stock Shares Outstanding	0.92	0.87	-0.59	-0.2	0.91	0.9	0.88	-0.41	0.92	-0.7	0.87	0.79	0.72	-0.41	0.27	0.93	0.31	0.83	-0.86		0.65	0.8	-0.86	0.83	0.65	-0.71
Short Term Investments	0.48	0.47	-0.36	-0.28	0.59	0.66	0.66	-0.66	0.62	-0.89	0.56	0.56	0.58	-0.53	0.11	0.63	0.42	0.58	-0.56	0.65		0.53	-0.61	0.48	0.5	-0.39
Non Current Liabilities Total	0.76	0.88	-0.61	-0.05	0.7	0.76	0.74	-0.31	0.84	-0.51	0.73	0.75	0.55	-0.39	0.51	0.85	-0.17	0.67	-0.67	0.8	0.53		-0.78	0.65	0.56	-0.53
Other Current Assets	-0.77	-0.8	0.58	0.01	-0.76	-0.86	-0.78	0.43	-0.79	0.75	-0.93	-0.9	-0.61	0.71	-0.31	-0.82	-0.22	-0.74	0.69	-0.86	-0.61	-0.78		-0.57	-0.62	0.6
Total Liab	0.93	0.83	-0.18	-0.06	0.91	0.84	0.88	-0.25	0.8	-0.48	0.61	0.5	0.53	-0.08	0.35	0.8	0.32	0.84	-0.92	0.83	0.48	0.65	-0.57		0.78	-0.56
Deferred Long Term Liab	0.82	0.8	0.07	0.37	0.88	0.81	0.89	-0.24	0.59	-0.55	0.7	0.71	0.66	-0.13	0.22	0.61	0.28	0.72	-0.92	0.65	0.5	0.56	-0.62	0.78		-0.62
Short Long Term Debt	-0.68	-0.64	0.41	0.19	-0.8	-0.69	-0.77	0.17	-0.57	0.47	-0.66	-0.65	-0.51	0.29	-0.19	-0.58	-0.17	-0.32	0.69	-0.71	-0.39	-0.53	0.6	-0.56	-0.62

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Granite Point Account Relationship Matchups

Granite Point fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	4.2B	4.0B	3.5B	2.8B	3.3B
Short Long Term Debt Total	3.0B	3.2B	3.6B	1.4B	2.0B	2.2B
Other Current Liab	(49.3M)	(694.5M)	(1.1B)	(100M)	14.1M	10.8M
Total Current Liabilities	49.3M	1.1B	451.1M	100M	98.1M	93.2M
Total Stockholder Equity	1.0B	933.8M	1.0B	983.5M	858.9M	901.9M
Other Liab	24.5M	23.0M	21.4M	25.0M	28.7M	15.5M
Net Tangible Assets	1.0B	934.8M	1.0B	984.5M	1.1B	897.0M
Net Debt	1.4B	1.3B	2.1B	1.3B	887.3M	1.0B
Retained Earnings	(29.9M)	(125.0M)	(112.8M)	(219.4M)	(339.7M)	(322.8M)
Accounts Payable	7.3M	25.0M	14.4M	14.3M	16.5M	9.8M
Cash	80.3M	261.4M	191.9M	133.1M	188.4M	142.6M
Non Current Assets Total	30.9M	3.9B	3.8B	3.3B	2.6B	2.6B
Non Currrent Assets Other	(30.9M)	(341.6M)	(215.0M)	(153.6M)	(228.5M)	(217.1M)
Other Assets	4.3B	67.8M	12.4M	(3.3B)	2.8B	3.0B
Long Term Debt	1.4B	1.4B	2.1B	1.3B	991.7M	1.1B
Cash And Short Term Investments	93.1M	261.4M	191.9M	3.5B	188.4M	179.0M
Net Receivables	11.3M	12.4M	10.7M	13.4M	12.4M	11.4M
Common Stock Total Equity	549K	552K	538K	524K	471.6K	448.0K
Common Stock Shares Outstanding	53.1M	55.2M	54.9M	53.0M	51.6M	54.9M
Short Term Investments	12.8M	0.0	3.8B	3.4B	3.9B	4.0B
Liabilities And Stockholders Equity	4.5B	4.2B	4.0B	3.5B	2.8B	3.3B
Non Current Liabilities Total	1.4B	1.5B	2.3B	130.9M	1.7B	1.1B
Other Current Assets	(171.1M)	(341.6M)	(215.0M)	(153.6M)	(228.5M)	(217.1M)
Total Liab	3.4B	1.5B	2.3B	2.5B	2.0B	2.1B
Short Long Term Debt	75M	42.0M	0.0	100M	84M	110.5M
Total Current Assets	104.4M	273.8M	202.6M	3.5B	200.8M	190.7M
Short Term Debt	42.0M	1.8B	1.5B	100M	84M	79.8M
Common Stock	549K	552K	538K	524K	506K	480.7K
Long Term Debt Total	3.0B	1.4B	2.1B	1.3B	1.5B	1.8B
Other Stockholder Equity	1.0B	1.1B	1.1B	1.2B	1.2B	1.0B
Accumulated Other Comprehensive Income	(30M)	(192K)	32K	0.0	(506K)	(531.3K)
Retained Earnings Total Equity	(192.0M)	(228.2M)	(284.3M)	(350.1M)	(315.1M)	(330.8M)
Capital Surpluse	1.0B	1.1B	1.1B	1.2B	1.4B	1.1B
Net Invested Capital	2.5B	2.5B	3.3B	2.4B	1.9B	2.4B
Non Current Liabilities Other	2.1B	1.9B	742.3M	1.1B	976.9M	976.1M
Capital Stock	549K	552K	584K	606K	588K	607.8K

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