GRFS Stock | | | USD 7.72 0.52 7.22% |
Grifols SA financial indicator trend analysis is much more than just examining Grifols SA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grifols SA ADR is a good investment. Please check the relationship between Grifols SA Total Stockholder Equity and its Net Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grifols SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Total Stockholder Equity vs Net Receivables
Total Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grifols SA ADR Total Stockholder Equity account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Grifols SA's Total Stockholder Equity and Net Receivables is 0.65. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Grifols SA ADR, assuming nothing else is changed. The correlation between historical values of Grifols SA's Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Grifols SA ADR are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Grifols SA's Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Net Receivables
Most indicators from Grifols SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grifols SA ADR 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 Grifols SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Grifols SA's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 18.28 in 2024, whereas
Selling General Administrative is likely to drop slightly above 746.5
M in 2024.
Grifols SA fundamental ratios Correlations
Click cells to compare fundamentals
Grifols SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grifols SA fundamental ratios Accounts
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Additional Tools for Grifols Stock Analysis
When running Grifols SA's price analysis, check to
measure Grifols SA'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 Grifols SA is operating at the current time. Most of Grifols SA's value examination focuses on studying past and present price action to
predict the probability of Grifols SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grifols SA's price. Additionally, you may evaluate how the addition of Grifols SA to your portfolios can decrease your overall portfolio volatility.