GreenPro Capex To Depreciation vs Income Quality Analysis

GRNQ Stock

USD 1.05 0.04 3.96%

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

Capex To Depreciation vs Income Quality

Capex To Depreciation vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPro Capital Corp Capex To Depreciation account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between GreenPro Capital's Capex To Depreciation and Income Quality is -0.12. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Income Quality in the same time period over historical financial statements of GreenPro Capital Corp, assuming nothing else is changed. The correlation between historical values of GreenPro Capital's Capex To Depreciation and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of GreenPro Capital Corp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Depreciation i.e., GreenPro Capital's Capex To Depreciation and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from GreenPro Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenPro Capital Corp 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 GreenPro Capital Corp. 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.

At this time, GreenPro Capital's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/23/2024, Enterprise Value Multiple is likely to grow to 5.66, while Selling General Administrative is likely to drop slightly above 3.4 M.

	2021	2022	2023	2024 (projected)
Total Revenue	2.9M	3.7M	3.5M	3.4M
Depreciation And Amortization	371.9K	238.3K	237.9K	302.4K

Total Revenue Depreciation And Amortization

GreenPro Capital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Net Tangible Assets	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Retained Earnings Total Equity	Capital Surpluse
Total Assets		0.22	0.85	0.96	-0.59	-0.71	0.88	0.88	0.86	-0.38	0.23	0.72	0.79	0.21	0.89	0.01	0.68	0.75	0.78	0.94	0.73	0.47	0.62	0.77	-0.8	0.79
Short Long Term Debt Total	0.22		0.63	-0.04	0.61	0.18	-0.12	-0.12	0.36	-0.54	0.98	0.78	-0.11	0.84	0.22	0.49	-0.29	0.57	0.45	0.31	0.58	0.43	0.56	-0.18	-0.15	0.07
Total Current Liabilities	0.85	0.63		0.66	-0.12	-0.52	0.56	0.56	0.87	-0.58	0.64	0.97	0.53	0.54	0.81	0.26	0.45	0.86	0.81	0.84	0.83	0.63	0.74	0.43	-0.75	0.73
Total Stockholder Equity	0.96	-0.04	0.66		-0.77	-0.73	0.94	0.94	0.75	-0.21	-0.04	0.49	0.82	0.0	0.82	-0.13	0.74	0.6	0.66	0.88	0.57	0.33	0.47	0.86	-0.74	0.74
Net Debt	-0.59	0.61	-0.12	-0.77		0.7	-0.86	-0.86	-0.37	-0.13	0.58	0.08	-0.72	0.5	-0.53	0.51	-0.75	-0.17	-0.29	-0.45	-0.15	0.17	-0.1	-0.76	0.5	-0.53
Retained Earnings	-0.71	0.18	-0.52	-0.73	0.7		-0.78	-0.78	-0.69	0.01	0.19	-0.36	-0.55	-0.04	-0.78	0.59	-0.97	-0.67	-0.77	-0.68	-0.64	-0.28	-0.62	-0.71	0.9	-0.94
Cash	0.88	-0.12	0.56	0.94	-0.86	-0.78		1.0	0.7	-0.19	-0.1	0.39	0.83	-0.08	0.81	-0.33	0.77	0.58	0.66	0.77	0.56	0.06	0.49	0.85	-0.72	0.72
Cash And Short Term Investments	0.88	-0.12	0.56	0.94	-0.86	-0.78	1.0		0.7	-0.19	-0.1	0.39	0.83	-0.08	0.81	-0.33	0.77	0.58	0.66	0.77	0.56	0.06	0.49	0.85	-0.72	0.72
Common Stock Total Equity	0.86	0.36	0.87	0.75	-0.37	-0.69	0.7	0.7		-0.51	0.37	0.79	0.76	0.32	0.95	0.06	0.66	0.77	0.77	0.74	0.76	0.48	0.68	0.67	-0.77	0.82
Common Stock Shares Outstanding	-0.38	-0.54	-0.58	-0.21	-0.13	0.01	-0.19	-0.19	-0.51		-0.6	-0.64	-0.4	-0.24	-0.56	-0.4	-0.01	-0.27	-0.2	-0.25	-0.27	-0.24	-0.2	-0.11	0.14	-0.17
Non Current Liabilities Total	0.23	0.98	0.64	-0.04	0.58	0.19	-0.1	-0.1	0.37	-0.6		0.78	-0.07	0.71	0.25	0.51	-0.32	0.53	0.4	0.29	0.54	0.43	0.52	-0.24	-0.15	0.05
Total Liab	0.72	0.78	0.97	0.49	0.08	-0.36	0.39	0.39	0.79	-0.64	0.78		0.39	0.64	0.71	0.34	0.28	0.83	0.75	0.74	0.81	0.63	0.73	0.27	-0.63	0.61
Total Current Assets	0.79	-0.11	0.53	0.82	-0.72	-0.55	0.83	0.83	0.76	-0.4	-0.07	0.39		-0.19	0.79	0.01	0.62	0.33	0.37	0.54	0.32	0.04	0.2	0.75	-0.48	0.56
Short Term Debt	0.21	0.84	0.54	0.0	0.5	-0.04	-0.08	-0.08	0.32	-0.24	0.71	0.64	-0.19		0.19	0.2	-0.04	0.64	0.59	0.36	0.66	0.36	0.66	-0.02	-0.24	0.2
Common Stock	0.89	0.22	0.81	0.82	-0.53	-0.78	0.81	0.81	0.95	-0.56	0.25	0.71	0.79	0.19		-0.11	0.76	0.73	0.77	0.76	0.72	0.4	0.64	0.73	-0.8	0.84
Other Current Liab	0.01	0.49	0.26	-0.13	0.51	0.59	-0.33	-0.33	0.06	-0.4	0.51	0.34	0.01	0.2	-0.11		-0.54	-0.15	-0.24	-0.02	-0.14	0.29	-0.21	-0.26	0.36	-0.34
Net Tangible Assets	0.68	-0.29	0.45	0.74	-0.75	-0.97	0.77	0.77	0.66	-0.01	-0.32	0.28	0.62	-0.04	0.76	-0.54		0.56	0.66	0.63	0.55	0.24	0.52	0.78	-0.8	0.9
Property Plant And Equipment Net	0.75	0.57	0.86	0.6	-0.17	-0.67	0.58	0.58	0.77	-0.27	0.53	0.83	0.33	0.64	0.73	-0.15	0.56		0.98	0.84	0.98	0.52	0.96	0.49	-0.85	0.79
Accounts Payable	0.78	0.45	0.81	0.66	-0.29	-0.77	0.66	0.66	0.77	-0.2	0.4	0.75	0.37	0.59	0.77	-0.24	0.66	0.98		0.85	0.97	0.48	0.94	0.57	-0.88	0.84
Non Current Assets Total	0.94	0.31	0.84	0.88	-0.45	-0.68	0.77	0.77	0.74	-0.25	0.29	0.74	0.54	0.36	0.76	-0.02	0.63	0.84	0.85		0.8	0.6	0.71	0.67	-0.83	0.79
Non Currrent Assets Other	0.73	0.58	0.83	0.57	-0.15	-0.64	0.56	0.56	0.76	-0.27	0.54	0.81	0.32	0.66	0.72	-0.14	0.55	0.98	0.97	0.8		0.49	0.98	0.47	-0.78	0.75
Other Assets	0.47	0.43	0.63	0.33	0.17	-0.28	0.06	0.06	0.48	-0.24	0.43	0.63	0.04	0.36	0.4	0.29	0.24	0.52	0.48	0.6	0.49		0.43	0.14	-0.53	0.52
Long Term Debt	0.62	0.56	0.74	0.47	-0.1	-0.62	0.49	0.49	0.68	-0.2	0.52	0.73	0.2	0.66	0.64	-0.21	0.52	0.96	0.94	0.71	0.98	0.43		0.42	-0.74	0.71
Net Receivables	0.77	-0.18	0.43	0.86	-0.76	-0.71	0.85	0.85	0.67	-0.11	-0.24	0.27	0.75	-0.02	0.73	-0.26	0.78	0.49	0.57	0.67	0.47	0.14	0.42		-0.61	0.68
Retained Earnings Total Equity	-0.8	-0.15	-0.75	-0.74	0.5	0.9	-0.72	-0.72	-0.77	0.14	-0.15	-0.63	-0.48	-0.24	-0.8	0.36	-0.8	-0.85	-0.88	-0.83	-0.78	-0.53	-0.74	-0.61		-0.96
Capital Surpluse	0.79	0.07	0.73	0.74	-0.53	-0.94	0.72	0.72	0.82	-0.17	0.05	0.61	0.56	0.2	0.84	-0.34	0.9	0.79	0.84	0.79	0.75	0.52	0.71	0.68	-0.96

Click cells to compare fundamentals

GreenPro Capital Account Relationship Matchups

GreenPro Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.9M	14.8M	22.7M	15.6M	8.7M	11.2M
Short Long Term Debt Total	2.5M	1.8M	108.4K	18.7K	131.6K	125.0K
Total Current Liabilities	3.9M	5.0M	3.7M	3.1M	2.3M	3.1M
Total Stockholder Equity	3.2M	8.2M	18.8M	12.3M	6.0M	7.0M
Net Debt	1.4M	851.3K	(5.2M)	(3.9M)	(1.9M)	(1.8M)
Retained Earnings	(13.2M)	(16.9M)	(31.3M)	(37.6M)	(36.5M)	(34.7M)
Cash	1.1M	913.8K	5.3M	3.9M	2.2M	2.0M
Cash And Short Term Investments	1.1M	913.8K	5.3M	3.9M	2.2M	2.0M
Common Stock Shares Outstanding	5.5M	5.7M	6.9M	7.9M	7.7M	6.7M
Liabilities And Stockholders Equity	8.9M	14.8M	22.7M	15.6M	8.7M	11.2M
Non Current Liabilities Total	1.7M	1.4M	18.8K	315.2K	33.5K	31.8K
Total Liab	5.5M	6.4M	3.7M	3.1M	2.3M	4.0M
Total Current Assets	1.8M	1.6M	6.8M	5.3M	3.7M	3.7M
Short Term Debt	850.4K	388.1K	89.6K	37.5K	196.3K	276.2K
Common Stock	5.5K	6.2K	7.9K	7.9K	7.6K	6.2K
Other Current Liab	1.1M	2.3M	769.6K	(38.3K)	291.1K	276.6K
Net Tangible Assets	4.1M	2.8M	7.9M	18.5M	21.2M	22.3M
Property Plant And Equipment Net	3.3M	3.0M	3.0M	2.5M	2.6M	2.3M
Accounts Payable	757.8K	702.7K	787.6K	758.9K	724.8K	586.7K
Non Current Assets Total	7.1M	13.2M	15.9M	10.4M	5.0M	8.3M
Non Currrent Assets Other	2.4M	2.3M	2.3M	2.3M	2.3M	1.9M
Other Assets	2.6M	2.5M	10.0M	2.3M	2.6M	3.5M
Long Term Debt	1.8M	1.6M	1.5M	1.4M	1.6M	1.3M
Net Receivables	221.5K	253.8K	1.2M	435.3K	795.8K	467.5K
Retained Earnings Total Equity	(3.3M)	(11.8M)	(13.2M)	(16.9M)	(15.2M)	(14.5M)
Capital Surpluse	8.5M	16.4M	16.4M	25.1M	28.9M	30.4M
Other Current Assets	320.0M	444.5K	1.4B	980.1K	627.3K	595.9K
Other Stockholder Equity	16.4M	25.1M	50.1M	50.1M	42.9M	24.5M
Long Term Investments	145.1K	6.8M	9.6M	5.4M	100.1K	95.1K
Property Plant And Equipment Gross	4.1M	3.0M	3.6M	3.2M	2.8M	2.8M
Short Long Term Debt	928.1K	147.4K	531.5K	301.1K	346.2K	306.4K
Accumulated Other Comprehensive Income	(66.3K)	(95.2K)	(26.9K)	(224.9K)	(310.2K)	(294.7K)
Intangible Assets	91.0K	3.4K	2.6K	1.9K	1.2K	1.1K
Property Plant Equipment	3.8M	4.1M	3.0M	3.7M	4.2M	2.8M
Current Deferred Revenue	1.2M	1.6M	2.0M	1.8M	1.1M	1.2M
Noncontrolling Interest In Consolidated Entity	83.3K	230.1K	186.7K	203.0K	233.5K	181.2K
Long Term Debt Total	1.8M	1.6M	1.5M	1.4M	1.6M	1.4M

Pair Trading with GreenPro Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GreenPro Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GreenPro Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with GreenPro Stock

0.66

Genpact Limited

Pair Corr

Moving against GreenPro Stock

0.54	GD	General Dynamics Fiscal Year End 22nd of January 2025	Pair Corr
0.51	BW	Babcock Wilcox Enter	Pair Corr
0.5	EH	Ehang Holdings	Pair Corr
0.5	HY	Hyster Yale Materials	Pair Corr
0.41	CP	Canadian Pacific Railway	Pair Corr

The ability to find closely correlated positions to GreenPro Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GreenPro Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GreenPro Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GreenPro Capital Corp to buy it.

The correlation of GreenPro Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GreenPro Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GreenPro Capital Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for GreenPro Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for GreenPro Stock Analysis

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

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