Greenvale Total Current Assets 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 Total Current Assets 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.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenvale Energy Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Greenvale Energy's Total Current Assets and Total Assets is 0.83. Overlapping area represents the amount of variation of Total Current Assets 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 Total Current Assets 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 Total Current Assets 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 Total Current Assets i.e., Greenvale Energy's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

0.590.480.730.980.570.5-0.52-0.910.470.770.850.670.770.630.310.87-0.14-0.380.040.730.710.830.590.960.52
0.59-0.10.910.440.850.260.26-0.710.320.150.840.390.150.820.240.61-0.25-0.540.060.90.780.120.990.65-0.01
0.48-0.10.060.540.10.35-0.28-0.40.140.230.30.420.230.04-0.060.340.12-0.10.150.090.280.51-0.110.420.85
0.730.910.060.580.760.570.1-0.880.520.310.870.610.310.910.40.83-0.15-0.630.00.990.710.340.90.810.24
0.980.440.540.580.460.42-0.65-0.830.390.830.760.620.830.490.280.81-0.17-0.280.040.580.650.890.450.910.54
0.570.850.10.760.460.120.28-0.70.410.020.910.550.020.810.230.53-0.24-0.690.060.760.830.010.850.670.04
0.50.260.350.570.420.12-0.14-0.530.280.340.370.490.340.480.040.620.25-0.320.370.620.050.460.210.460.44
-0.520.26-0.280.1-0.650.28-0.140.19-0.03-0.9-0.05-0.14-0.90.19-0.08-0.30.04-0.29-0.010.110.03-0.850.25-0.35-0.24
-0.91-0.71-0.4-0.88-0.83-0.7-0.530.19-0.68-0.5-0.9-0.78-0.5-0.83-0.49-0.920.120.620.15-0.86-0.78-0.61-0.72-0.98-0.55
0.470.320.140.520.390.410.28-0.03-0.680.180.520.660.180.610.370.490.33-0.52-0.470.510.430.250.330.650.32
0.770.150.230.310.830.020.34-0.9-0.50.180.370.331.00.180.190.59-0.110.050.060.30.270.930.160.630.26
0.850.840.30.870.760.910.37-0.05-0.90.520.370.680.370.840.270.76-0.15-0.630.070.870.860.40.840.90.29
0.670.390.420.610.620.550.49-0.14-0.780.660.330.680.330.810.40.78-0.05-0.860.030.610.670.410.390.770.48
0.770.150.230.310.830.020.34-0.9-0.50.181.00.370.330.180.190.59-0.110.050.060.30.270.930.160.630.26
0.630.820.040.910.490.810.480.19-0.830.610.180.840.810.180.450.79-0.17-0.890.010.90.760.180.820.760.18
0.310.24-0.060.40.280.230.04-0.08-0.490.370.190.270.40.190.450.62-0.64-0.44-0.690.290.340.240.330.460.34
0.870.610.340.830.810.530.62-0.3-0.920.490.590.760.780.590.790.62-0.33-0.62-0.090.80.670.680.630.910.57
-0.14-0.250.12-0.15-0.17-0.240.250.040.120.33-0.11-0.15-0.05-0.11-0.17-0.64-0.330.220.19-0.06-0.34-0.07-0.32-0.15-0.05
-0.38-0.54-0.1-0.63-0.28-0.69-0.32-0.290.62-0.520.05-0.63-0.860.05-0.89-0.44-0.620.22-0.04-0.62-0.660.03-0.55-0.55-0.18
0.040.060.150.00.040.060.37-0.010.15-0.470.060.070.030.060.01-0.69-0.090.19-0.040.1-0.060.0-0.02-0.14-0.21
0.730.90.090.990.580.760.620.11-0.860.510.30.870.610.30.90.290.8-0.06-0.620.10.690.330.880.790.22
0.710.780.280.710.650.830.050.03-0.780.430.270.860.670.270.760.340.67-0.34-0.66-0.060.690.310.80.780.3
0.830.120.510.340.890.010.46-0.85-0.610.250.930.40.410.930.180.240.68-0.070.030.00.330.310.130.70.58
0.590.99-0.110.90.450.850.210.25-0.720.330.160.840.390.160.820.330.63-0.32-0.55-0.020.880.80.130.660.01
0.960.650.420.810.910.670.46-0.35-0.980.650.630.90.770.630.760.460.91-0.15-0.55-0.140.790.780.70.660.53
0.52-0.010.850.240.540.040.44-0.24-0.550.320.260.290.480.260.180.340.57-0.05-0.18-0.210.220.30.580.010.53
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Greenvale Energy Account Relationship Matchups

Greenvale Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0M13.6M13.6M14.6M11.5M12.1M
Total Current Liabilities604.0K308.9K819.0K4.1M3.2M3.4M
Total Stockholder Equity1.8M13.3M12.7M10.4M8.3M8.7M
Property Plant And Equipment Net660.071.9K281.3K5.1M7.2M7.6M
Net Debt(89.6K)(9.9M)(4.2M)(1.3M)1.1M1.2M
Retained Earnings(11.5M)(12.6M)(19.8M)(23.6M)(26.5M)(25.2M)
Accounts Payable604.0K208.0K116.2K145.5K391.1K410.7K
Cash89.6K9.9M4.3M5.2M1.5M1.3M
Non Current Assets Total1.5M3.5M4.2M8.5M8.8M9.3M
Non Currrent Assets Other1.5M3.5M3.7M(8.5K)7.1M7.4M
Cash And Short Term Investments89.6K9.9M4.3M5.2M1.5M1.3M
Net Receivables132.7K130.4K75.7K616.2K1.0M1.1M
Common Stock Shares Outstanding121.2M311.1M396.6M416.3M438.7M460.6M
Liabilities And Stockholders Equity3.0M13.6M13.6M14.6M11.5M12.1M
Inventory(15.8K)32.5K0.074.7K(1.0M)(989.2K)
Other Stockholder Equity(1.4M)(11.8K)(5.9K)(5.2K)(1.0)(0.95)
Total Liab604.0K308.9K884.7K4.2M3.2M3.4M
Property Plant And Equipment Gross1.5M3.5M4.3M5.2M7.4M7.8M
Total Current Assets1.4M10.0M9.4M6.1M2.7M1.8M
Accumulated Other Comprehensive Income0.01.4M6.9M5.3M4.6M4.8M
Common Stock13.3M24.4M25.7M28.8M30.2M31.7M
Other Current Assets1.2M50.6K5.0M270.7K1.2M1.2M
Property Plant Equipment1.5M3.5M4.2M5.1M5.9M6.2M
Net Tangible Assets1.8M13.3M12.7M10.2M11.7M6.1M
Net Invested Capital1.8M13.3M12.7M14.2M10.9M8.2M
Net Working Capital825.8K9.7M8.6M2.0M(535.2K)(508.4K)
Capital Stock13.3M24.4M25.7M28.8M30.2M24.8M

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Additional Tools for Greenvale Stock Analysis

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