GRIT Cash vs Common Stock Total Equity Analysis

GR1T Stock   9.75  0.25  2.50%   
GRIT Real financial indicator trend analysis is much more than just examining GRIT Real Estate latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GRIT Real Estate is a good investment. Please check the relationship between GRIT Real Cash and its Common Stock Total Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GRIT Real Estate. 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.

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GRIT Real Estate Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between GRIT Real's Cash and Common Stock Total Equity is 0.08. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of GRIT Real Estate, assuming nothing else is changed. The correlation between historical values of GRIT Real's Cash and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of GRIT Real Estate are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., GRIT Real's Cash and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of GRIT Real Estate, which is listed under current asset account on GRIT Real Estate balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GRIT Real customers. The amounts must be unrestricted with restricted cash listed in a different GRIT Real 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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from GRIT Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GRIT Real Estate 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 GRIT Real Estate. 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 drop to about 139.2 K in 2025. Tax Provision is likely to gain to about (967.9 K) in 2025
 2022 2023 2024 2025 (projected)
Gross Profit46.6M51.6M88.2K83.8K
Total Revenue56.2M64.0M103.0K97.9K

GRIT Real fundamental ratios Correlations

0.97-0.220.760.950.30.99-0.810.550.691.00.930.420.690.190.950.860.71-0.010.990.781.00.670.640.450.71
0.97-0.270.750.880.320.98-0.870.540.60.970.910.390.60.150.960.860.76-0.070.980.760.970.620.540.390.64
-0.22-0.270.01-0.34-0.05-0.220.010.310.0-0.25-0.25-0.430.0-0.19-0.19-0.320.060.68-0.210.1-0.25-0.120.010.01-0.13
0.760.750.010.6-0.180.76-0.730.440.60.720.840.290.60.010.720.350.930.040.770.950.720.50.470.360.25
0.950.88-0.340.60.310.91-0.620.50.730.960.860.50.730.320.850.860.510.00.910.640.950.570.60.360.71
0.30.32-0.05-0.180.310.32-0.420.10.060.34-0.03-0.110.06-0.250.470.62-0.040.130.32-0.150.350.260.270.230.46
0.990.98-0.220.760.910.32-0.860.550.610.990.920.370.610.140.970.880.72-0.071.00.760.990.70.620.470.73
-0.81-0.870.01-0.73-0.62-0.42-0.86-0.47-0.48-0.8-0.72-0.27-0.480.3-0.92-0.72-0.83-0.07-0.87-0.75-0.83-0.68-0.54-0.54-0.58
0.550.540.310.440.50.10.55-0.470.440.540.510.050.440.150.470.460.470.460.540.580.540.070.050.010.29
0.690.60.00.60.730.060.61-0.480.440.670.670.651.00.080.60.450.610.510.630.760.690.310.450.240.34
1.00.97-0.250.720.960.340.99-0.80.540.670.910.40.670.210.950.890.66-0.030.990.731.00.670.640.450.73
0.930.91-0.250.840.86-0.030.92-0.720.510.670.910.490.670.280.840.70.75-0.10.920.840.910.670.610.470.61
0.420.39-0.430.290.5-0.110.37-0.270.050.650.40.490.65-0.040.380.340.330.010.390.450.440.290.320.210.34
0.690.60.00.60.730.060.61-0.480.441.00.670.670.650.080.60.450.610.510.630.760.690.310.450.240.34
0.190.15-0.190.010.32-0.250.140.30.150.080.210.28-0.040.08-0.030.17-0.19-0.270.12-0.050.15-0.1-0.04-0.270.08
0.950.96-0.190.720.850.470.97-0.920.470.60.950.840.380.6-0.030.870.74-0.020.980.730.960.710.650.530.7
0.860.86-0.320.350.860.620.88-0.720.460.450.890.70.340.450.170.870.37-0.10.870.40.890.640.560.430.85
0.710.760.060.930.51-0.040.72-0.830.470.610.660.750.330.61-0.190.740.370.190.740.940.680.410.350.270.19
-0.01-0.070.680.040.00.13-0.07-0.070.460.51-0.03-0.10.010.51-0.27-0.02-0.10.19-0.050.27-0.01-0.24-0.05-0.14-0.13
0.990.98-0.210.770.910.321.0-0.870.540.630.990.920.390.630.120.980.870.74-0.050.780.990.70.640.490.71
0.780.760.10.950.64-0.150.76-0.750.580.760.730.840.450.76-0.050.730.40.940.270.780.750.450.450.340.3
1.00.97-0.250.720.950.350.99-0.830.540.691.00.910.440.690.150.960.890.68-0.010.990.750.680.640.460.73
0.670.62-0.120.50.570.260.7-0.680.070.310.670.670.290.31-0.10.710.640.41-0.240.70.450.680.920.890.82
0.640.540.010.470.60.270.62-0.540.050.450.640.610.320.45-0.040.650.560.35-0.050.640.450.640.920.820.77
0.450.390.010.360.360.230.47-0.540.010.240.450.470.210.24-0.270.530.430.27-0.140.490.340.460.890.820.7
0.710.64-0.130.250.710.460.73-0.580.290.340.730.610.340.340.080.70.850.19-0.130.710.30.730.820.770.7
Click cells to compare fundamentals

GRIT Real Account Relationship Matchups

GRIT Real fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets810.7M937.2M907.7M1.1B1.2M1.2M
Short Long Term Debt Total432.4M456.3M459.5M540.9M769.4K730.9K
Other Current Liab(207.7M)(200.5M)(97.2M)93.1M307.5K322.9K
Total Current Liabilities233.2M234.9M4.8M498.3M307.5K292.2K
Total Stockholder Equity296.3M391.6M359.1M254.7M906.2K860.9K
Property Plant And Equipment Net2.4M2.1M622.9M14.0M1.8M1.7M
Net Debt427.6M430.3M450.3M522.1M(67.3K)(64.0K)
Retained Earnings(176.1M)(178.0M)(218.3M)(307.7M)71.3K74.9K
Accounts Payable6.6M4.8M6.5M11.2M84.9K80.7K
Cash4.9M26.0M9.2M18.8M67.3K64.0K
Non Current Assets Total747.8M840.2M898.5M906.5M1.1M1.1M
Non Currrent Assets Other724.8M824.9M275.1M877.0M1.1M1.1M
Other Assets77.7M27.9M630.5M1.01.151.09
Cash And Short Term Investments4.9M26.0M9.2M18.8M67.3K64.0K
Common Stock Shares Outstanding302.7M314.0M399.3M482.3M483.7M631.0K
Liabilities And Stockholders Equity810.7M937.2M907.7M1.1B1.2M1.2M
Non Current Liabilities Total299.1M333.0M569.3M198.8M769.4K730.9K
Other Current Assets58.0M71.0M24.5M129.1M327.0310.65
Other Stockholder Equity(16.9M)4.3M10.1M26.7M864.5K821.3K
Total Liab532.3M567.8M574.1M697.1M307.5K292.2K
Total Current Assets62.9M97.0M9.2M147.9M73.9K70.2K
Common Stock443.3M454.1M463.8M535.7M102.3597.23
Accumulated Other Comprehensive Income1.5M20.6M26.4M(30.9K)(35.5K)(33.7K)
Other Liab44.4M57.4M51.7M49.6M57.0M33.1M
Net Tangible Assets389.4M297.3M270.4M361.4M415.6M293.9M
Long Term Debt233.8M270.0M361.4M148.6M170.9M227.7M
Net Receivables57.9M69.1M18.6M72.8M83.7M87.9M
Property Plant And Equipment Gross7.0M6.5M8.6M19.8M22.8M24.0M
Short Long Term Debt197.7M184.8M80.2M391.5M450.2M472.8M
Short Term Debt203.3M200.2M94.8M391.7M450.4M472.9M
Intangible Assets480K670K433K193K173.7K165.0K
Property Plant Equipment569.9M569.1M551.9M2.1M2.4M2.3M
Capital Lease Obligations955K1.4M4.6M715K822.3K1.3M
Net Invested Capital702.3M816.9M769.0M794.8M914.1M789.0M
Net Working Capital(170.3M)(137.8M)(109.4M)(350.4M)(315.4M)(299.6M)
Capital Stock489.3M565.3M567.3M535.7M616.0M560.1M

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