GreenPower Net Debt vs Total Liab Analysis

GPV Stock

CAD 1.04 0.03 2.80%

GreenPower financial indicator trend analysis is much more than just examining GreenPower Motor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenPower Motor is a good investment. Please check the relationship between GreenPower Net Debt and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. 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 Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPower Motor Net Debt account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.

The correlation between GreenPower's Net Debt and Total Liab is 0.87. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of GreenPower Motor, assuming nothing else is changed. The correlation between historical values of GreenPower's Net Debt and Total 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 Net Debt of GreenPower Motor are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., GreenPower's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from GreenPower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenPower Motor 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 GreenPower Motor. 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 climb to about 19.8 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 445.4 K in 2025.

GreenPower fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Other Current Liab	Total Current Liabilities	Net Receivables	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Net	Accounts Payable	Other Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.78	0.57	-0.94	0.28	0.94	0.64	0.28	0.9	0.96	1.0	0.66	0.9	0.81	0.97	0.46	0.87	0.9	0.87	0.51	0.98	0.78	0.94	0.89	0.79	0.85
Total Stockholder Equity	0.78		-0.03	-0.57	0.61	0.62	0.71	0.61	0.58	0.65	0.8	0.21	0.44	0.76	0.66	0.62	0.38	0.47	0.56	0.44	0.73	0.25	0.86	0.44	0.26	0.35
Net Debt	0.57	-0.03		-0.72	-0.51	0.67	0.14	-0.51	0.66	0.64	0.54	0.69	0.85	0.34	0.7	0.1	0.87	0.78	0.65	0.18	0.57	0.92	0.32	0.81	0.89	0.9
Retained Earnings	-0.94	-0.57	-0.72		-0.13	-0.95	-0.53	-0.13	-0.94	-0.96	-0.92	-0.8	-0.95	-0.65	-0.96	-0.35	-0.95	-0.96	-0.81	-0.5	-0.96	-0.89	-0.86	-0.94	-0.92	-0.93
Cash	0.28	0.61	-0.51	-0.13		0.25	0.6	1.0	0.2	0.18	0.28	-0.06	-0.07	0.28	0.07	0.02	-0.07	0.04	0.03	0.63	0.3	-0.12	0.49	-0.08	-0.07	-0.13
Non Current Assets Total	0.94	0.62	0.67	-0.95	0.25		0.69	0.25	0.95	0.91	0.92	0.69	0.91	0.71	0.91	0.32	0.91	0.95	0.82	0.65	0.94	0.89	0.85	0.87	0.88	0.9
Non Currrent Assets Other	0.64	0.71	0.14	-0.53	0.6	0.69		0.6	0.59	0.48	0.63	0.1	0.39	0.56	0.5	0.43	0.4	0.43	0.37	0.83	0.59	0.44	0.64	0.3	0.39	0.44
Cash And Short Term Investments	0.28	0.61	-0.51	-0.13	1.0	0.25	0.6		0.2	0.18	0.28	-0.06	-0.07	0.28	0.07	0.02	-0.07	0.04	0.03	0.63	0.3	-0.12	0.49	-0.08	-0.07	-0.13
Common Stock Shares Outstanding	0.9	0.58	0.66	-0.94	0.2	0.95	0.59	0.2		0.89	0.88	0.8	0.87	0.6	0.89	0.36	0.88	0.93	0.76	0.53	0.92	0.85	0.83	0.85	0.86	0.87
Other Stockholder Equity	0.96	0.65	0.64	-0.96	0.18	0.91	0.48	0.18	0.89		0.96	0.77	0.93	0.68	0.98	0.39	0.92	0.93	0.83	0.41	0.98	0.82	0.92	0.95	0.86	0.88
Total Current Assets	1.0	0.8	0.54	-0.92	0.28	0.92	0.63	0.28	0.88	0.96		0.65	0.89	0.82	0.97	0.48	0.86	0.88	0.86	0.48	0.98	0.75	0.95	0.88	0.77	0.83
Other Current Liab	0.66	0.21	0.69	-0.8	-0.06	0.69	0.1	-0.06	0.8	0.77	0.65		0.79	0.3	0.74	0.11	0.81	0.82	0.61	0.17	0.74	0.76	0.6	0.82	0.82	0.77
Total Current Liabilities	0.9	0.44	0.85	-0.95	-0.07	0.91	0.39	-0.07	0.87	0.93	0.89	0.79		0.69	0.96	0.24	0.99	0.96	0.9	0.4	0.89	0.95	0.74	0.99	0.95	0.98
Net Receivables	0.81	0.76	0.34	-0.65	0.28	0.71	0.56	0.28	0.6	0.68	0.82	0.3	0.69		0.75	0.22	0.62	0.65	0.9	0.51	0.69	0.53	0.68	0.65	0.48	0.59
Inventory	0.97	0.66	0.7	-0.96	0.07	0.91	0.5	0.07	0.89	0.98	0.97	0.74	0.96	0.75		0.46	0.93	0.93	0.88	0.37	0.96	0.84	0.88	0.96	0.86	0.91
Other Current Assets	0.46	0.62	0.1	-0.35	0.02	0.32	0.43	0.02	0.36	0.39	0.48	0.11	0.24	0.22	0.46		0.2	0.21	0.15	-0.1	0.44	0.12	0.53	0.25	0.12	0.26
Total Liab	0.87	0.38	0.87	-0.95	-0.07	0.91	0.4	-0.07	0.88	0.92	0.86	0.81	0.99	0.62	0.93	0.2		0.97	0.85	0.43	0.88	0.97	0.72	0.98	0.98	0.99
Property Plant And Equipment Net	0.9	0.47	0.78	-0.96	0.04	0.95	0.43	0.04	0.93	0.93	0.88	0.82	0.96	0.65	0.93	0.21	0.97		0.86	0.45	0.91	0.92	0.78	0.95	0.94	0.93
Accounts Payable	0.87	0.56	0.65	-0.81	0.03	0.82	0.37	0.03	0.76	0.83	0.86	0.61	0.9	0.9	0.88	0.15	0.85	0.86		0.39	0.8	0.77	0.69	0.88	0.74	0.81
Other Assets	0.51	0.44	0.18	-0.5	0.63	0.65	0.83	0.63	0.53	0.41	0.48	0.17	0.4	0.51	0.37	-0.1	0.43	0.45	0.39		0.49	0.51	0.48	0.3	0.47	0.43
Common Stock	0.98	0.73	0.57	-0.96	0.3	0.94	0.59	0.3	0.92	0.98	0.98	0.74	0.89	0.69	0.96	0.44	0.88	0.91	0.8	0.49		0.79	0.96	0.9	0.83	0.85
Short Long Term Debt Total	0.78	0.25	0.92	-0.89	-0.12	0.89	0.44	-0.12	0.85	0.82	0.75	0.76	0.95	0.53	0.84	0.12	0.97	0.92	0.77	0.51	0.79		0.6	0.9	0.99	0.98
Net Tangible Assets	0.94	0.86	0.32	-0.86	0.49	0.85	0.64	0.49	0.83	0.92	0.95	0.6	0.74	0.68	0.88	0.53	0.72	0.78	0.69	0.48	0.96	0.6		0.77	0.65	0.68
Current Deferred Revenue	0.89	0.44	0.81	-0.94	-0.08	0.87	0.3	-0.08	0.85	0.95	0.88	0.82	0.99	0.65	0.96	0.25	0.98	0.95	0.88	0.3	0.9	0.9	0.77		0.92	0.94
Non Current Liabilities Total	0.79	0.26	0.89	-0.92	-0.07	0.88	0.39	-0.07	0.86	0.86	0.77	0.82	0.95	0.48	0.86	0.12	0.98	0.94	0.74	0.47	0.83	0.99	0.65	0.92		0.97
Short Long Term Debt	0.85	0.35	0.9	-0.93	-0.13	0.9	0.44	-0.13	0.87	0.88	0.83	0.77	0.98	0.59	0.91	0.26	0.99	0.93	0.81	0.43	0.85	0.98	0.68	0.94	0.97

Click cells to compare fundamentals

GreenPower Account Relationship Matchups

GreenPower fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	39.6M	49.6M	63.5M	45.2M	52.0M	54.6M
Total Stockholder Equity	36.2M	34.4M	27.7M	11.6M	13.3M	9.2M
Net Debt	(14.0M)	5.0M	15.1M	15.6M	18.0M	18.9M
Retained Earnings	(31.6M)	(46.4M)	(60.8M)	(79.0M)	(71.1M)	(67.6M)
Cash	15.1M	884.8K	600.4K	1.2M	1.3M	1.7M
Non Current Assets Total	6.7M	6.5M	9.4M	8.3M	9.6M	10.1M
Non Currrent Assets Other	4.2M	3.0M	1.9M	1.5M	1.7M	1.5M
Cash And Short Term Investments	15.1M	884.8K	600.4K	1.2M	1.3M	1.7M
Common Stock Shares Outstanding	18.1M	21.9M	23.5M	25.0M	28.7M	30.1M
Liabilities And Stockholders Equity	39.6M	49.6M	63.5M	45.2M	52.0M	54.6M
Other Stockholder Equity	379.5K	6.6M	9.9M	12.9M	14.9M	15.6M
Total Current Assets	32.9M	43.1M	54.2M	36.9M	42.4M	44.5M
Other Current Liab	101.3K	313.5K	535.5K	886.9K	1.0M	1.1M
Total Current Liabilities	2.1M	11.5M	26.5M	21.3M	24.5M	25.7M
Net Receivables	4.8M	3.5M	11.6M	2.9M	3.4M	2.2M
Inventory	12.5M	32.3M	41.6M	32.0M	36.8M	38.7M
Other Current Assets	534.9K	6.5M	328.6K	748.4K	860.6K	725.9K
Total Liab	3.5M	15.2M	35.9M	33.6M	38.7M	40.6M
Property Plant And Equipment Net	2.5M	3.6M	7.5M	6.9M	7.9M	8.3M
Accounts Payable	1.3M	1.7M	7.3M	3.0M	3.4M	3.6M
Other Assets	2.7M	4.2M	(1.0)	1.9M	2.2M	1.2M
Accumulated Other Comprehensive Income	6.6M	9.9M	12.9M	14.2M	16.3M	17.1M
Common Stock	61.2M	70.8M	75.5M	76.4M	87.9M	92.2M
Short Long Term Debt Total	1.1M	5.9M	15.7M	16.8M	19.3M	20.3M
Net Tangible Assets	(1.2M)	36.2M	34.4M	27.7M	31.8M	33.4M
Current Deferred Revenue	125.0K	3.6M	8.1M	7.1M	8.1M	8.5M
Non Current Liabilities Total	1.3M	3.7M	9.4M	12.3M	14.2M	14.9M
Short Long Term Debt	346.2K	5.8M	9.9M	9.7M	11.2M	11.8M
Short Term Debt	612.2K	5.9M	10.6M	10.4M	11.9M	12.5M
Property Plant Equipment	2.4M	2.5M	3.6M	7.5M	8.6M	9.0M
Long Term Debt	6.0M	365.3K	608.8K	2.4M	2.8M	2.5M
Other Liab	573.2K	848.5K	3.7M	4.2M	4.8M	5.1M
Net Invested Capital	36.9M	40.2M	38.2M	23.7M	27.3M	25.9M
Net Working Capital	30.8M	31.6M	27.7M	15.6M	17.9M	17.0M
Capital Lease Obligations	386.7K	120.6K	5.2M	4.6M	5.3M	5.6M
Capital Stock	61.2M	70.8M	75.5M	76.4M	87.9M	57.5M
Property Plant And Equipment Gross	4.4M	6.2M	10.7M	12.0M	13.8M	8.2M

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 GreenPower Stock Analysis

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