Greenvale Non Currrent Assets Other vs Total Assets Analysis
GRV Stock | 0.03 0.00 0.00% |
Greenvale Energy financial indicator trend analysis is much more than just examining Greenvale Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenvale Energy is a good investment. Please check the relationship between Greenvale Energy Non Currrent Assets Other and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenvale Energy. 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.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenvale Energy Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greenvale Energy's Non Currrent Assets Other and Total Assets is 0.67. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Greenvale Energy, assuming nothing else is changed. The correlation between historical values of Greenvale Energy's Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Greenvale Energy are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Greenvale Energy's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of Greenvale Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Greenvale Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Greenvale Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenvale Energy 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 Greenvale Energy. 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 gain to about 1.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (2 K).
Greenvale Energy fundamental ratios Correlations
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Greenvale Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenvale Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.0M | 13.6M | 13.6M | 14.6M | 11.5M | 12.1M | |
Total Current Liabilities | 604.0K | 308.9K | 819.0K | 4.1M | 3.2M | 3.4M | |
Total Stockholder Equity | 1.8M | 13.3M | 12.7M | 10.4M | 8.3M | 8.7M | |
Property Plant And Equipment Net | 660.0 | 71.9K | 281.3K | 5.1M | 7.2M | 7.6M | |
Net Debt | (89.6K) | (9.9M) | (4.2M) | (1.3M) | 1.1M | 1.2M | |
Retained Earnings | (11.5M) | (12.6M) | (19.8M) | (23.6M) | (26.5M) | (25.2M) | |
Accounts Payable | 604.0K | 208.0K | 116.2K | 145.5K | 391.1K | 410.7K | |
Cash | 89.6K | 9.9M | 4.3M | 5.2M | 1.5M | 1.3M | |
Non Current Assets Total | 1.5M | 3.5M | 4.2M | 8.5M | 8.8M | 9.3M | |
Non Currrent Assets Other | 1.5M | 3.5M | 3.7M | (8.5K) | 7.1M | 7.4M | |
Cash And Short Term Investments | 89.6K | 9.9M | 4.3M | 5.2M | 1.5M | 1.3M | |
Net Receivables | 132.7K | 130.4K | 75.7K | 616.2K | 1.0M | 1.1M | |
Common Stock Shares Outstanding | 121.2M | 311.1M | 396.6M | 416.3M | 438.7M | 460.6M | |
Liabilities And Stockholders Equity | 3.0M | 13.6M | 13.6M | 14.6M | 11.5M | 12.1M | |
Inventory | (15.8K) | 32.5K | 0.0 | 74.7K | (1.0M) | (989.2K) | |
Other Stockholder Equity | (1.4M) | (11.8K) | (5.9K) | (5.2K) | (1.0) | (0.95) | |
Total Liab | 604.0K | 308.9K | 884.7K | 4.2M | 3.2M | 3.4M | |
Property Plant And Equipment Gross | 1.5M | 3.5M | 4.3M | 5.2M | 7.4M | 7.8M | |
Total Current Assets | 1.4M | 10.0M | 9.4M | 6.1M | 2.7M | 1.8M | |
Accumulated Other Comprehensive Income | 0.0 | 1.4M | 6.9M | 5.3M | 4.6M | 4.8M | |
Common Stock | 13.3M | 24.4M | 25.7M | 28.8M | 30.2M | 31.7M | |
Other Current Assets | 1.2M | 50.6K | 5.0M | 270.7K | 1.2M | 1.2M | |
Property Plant Equipment | 1.5M | 3.5M | 4.2M | 5.1M | 5.9M | 6.2M | |
Net Tangible Assets | 1.8M | 13.3M | 12.7M | 10.2M | 11.7M | 6.1M | |
Net Invested Capital | 1.8M | 13.3M | 12.7M | 14.2M | 10.9M | 8.2M | |
Net Working Capital | 825.8K | 9.7M | 8.6M | 2.0M | (535.2K) | (508.4K) | |
Capital Stock | 13.3M | 24.4M | 25.7M | 28.8M | 30.2M | 24.8M |
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