GrowGeneration Depreciation And Amortization vs Total Other Income Expense Net Analysis

GRWG Stock  USD 1.94  0.01  0.51%   
GrowGeneration Corp financial indicator trend analysis is much more than just examining GrowGeneration Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GrowGeneration Corp is a good investment. Please check the relationship between GrowGeneration Corp Depreciation And Amortization and its Total Other Income Expense Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration 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 housing.
For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.

Depreciation And Amortization vs Total Other Income Expense Net

Depreciation And Amortization vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GrowGeneration Corp Depreciation And Amortization account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GrowGeneration Corp's Depreciation And Amortization and Total Other Income Expense Net is 0.84. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of GrowGeneration Corp, assuming nothing else is changed. The correlation between historical values of GrowGeneration Corp's Depreciation And Amortization and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of GrowGeneration Corp are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Depreciation And Amortization i.e., GrowGeneration Corp's Depreciation And Amortization and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Other Income Expense Net

Most indicators from GrowGeneration Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GrowGeneration 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 GrowGeneration 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 housing.
For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.At this time, GrowGeneration Corp's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The GrowGeneration Corp's current Enterprise Value is estimated to increase to about 1.5 B, while Selling General Administrative is projected to decrease to roughly 15.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit118.2M70.3M61.3M37.1M
Total Revenue422.5M278.2M225.9M138.1M

GrowGeneration Corp fundamental ratios Correlations

0.070.981.00.87-0.370.980.70.520.870.860.840.920.860.970.90.060.980.720.90.90.810.80.95-0.360.97
0.070.030.08-0.220.420.110.180.20.12-0.160.13-0.01-0.250.03-0.140.060.09-0.51-0.05-0.2-0.19-0.21-0.08-0.290.03
0.980.030.950.88-0.480.980.570.360.780.910.770.960.891.00.950.040.940.790.940.930.890.880.96-0.180.97
1.00.080.950.85-0.310.960.750.580.90.830.860.890.840.950.860.060.980.680.880.880.770.750.94-0.430.95
0.87-0.220.880.85-0.740.90.660.470.820.960.510.90.990.860.930.00.890.880.90.820.910.910.79-0.260.8
-0.370.42-0.48-0.31-0.74-0.48-0.120.04-0.29-0.750.13-0.6-0.77-0.47-0.680.06-0.4-0.79-0.6-0.46-0.78-0.8-0.31-0.25-0.33
0.980.110.980.960.9-0.480.680.490.860.910.740.960.890.970.920.060.970.730.950.870.850.840.91-0.320.93
0.70.180.570.750.66-0.120.680.970.960.530.550.560.580.530.450.090.820.270.620.390.330.320.52-0.890.52
0.520.20.360.580.470.040.490.970.860.320.420.350.370.320.210.030.650.060.430.170.090.080.32-0.970.31
0.870.120.780.90.82-0.290.860.960.860.720.660.760.760.750.670.070.950.490.80.610.560.550.72-0.740.72
0.86-0.160.910.830.96-0.750.910.530.320.720.510.940.980.90.960.020.850.90.930.860.950.950.82-0.110.82
0.840.130.770.860.510.130.740.550.420.660.510.630.510.780.620.120.770.440.60.790.490.460.89-0.350.88
0.92-0.010.960.890.9-0.60.960.560.350.760.940.630.910.950.930.160.910.80.990.860.890.880.88-0.170.88
0.86-0.250.890.840.99-0.770.890.580.370.760.980.510.910.880.960.010.870.930.90.860.950.950.81-0.150.82
0.970.031.00.950.86-0.470.970.530.320.750.90.780.950.880.950.050.920.80.920.940.90.880.96-0.140.98
0.9-0.140.950.860.93-0.680.920.450.210.670.960.620.930.960.950.010.850.920.890.950.980.980.890.00.91
0.060.060.040.060.00.060.060.090.030.070.020.120.160.010.050.010.06-0.030.20.02-0.01-0.040.06-0.10.04
0.980.090.940.980.89-0.40.970.820.650.950.850.770.910.870.920.850.060.670.910.820.760.750.89-0.50.9
0.72-0.510.790.680.88-0.790.730.270.060.490.90.440.80.930.80.92-0.030.670.780.880.940.940.770.160.75
0.9-0.050.940.880.9-0.60.950.620.430.80.930.60.990.90.920.890.20.910.780.820.850.840.85-0.250.83
0.9-0.20.930.880.82-0.460.870.390.170.610.860.790.860.860.940.950.020.820.880.820.90.890.970.020.96
0.81-0.190.890.770.91-0.780.850.330.090.560.950.490.890.950.90.98-0.010.760.940.850.91.00.810.130.84
0.8-0.210.880.750.91-0.80.840.320.080.550.950.460.880.950.880.98-0.040.750.940.840.891.00.80.140.82
0.95-0.080.960.940.79-0.310.910.520.320.720.820.890.880.810.960.890.060.890.770.850.970.810.8-0.170.99
-0.36-0.29-0.18-0.43-0.26-0.25-0.32-0.89-0.97-0.74-0.11-0.35-0.17-0.15-0.140.0-0.1-0.50.16-0.250.020.130.14-0.17-0.15
0.970.030.970.950.8-0.330.930.520.310.720.820.880.880.820.980.910.040.90.750.830.960.840.820.99-0.15
Click cells to compare fundamentals

GrowGeneration Corp Account Relationship Matchups

GrowGeneration Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.0M354.7M459.3M293.4M239.1M161.9M
Other Current Liab1.6M3.3M(265K)9.1M(8.8M)(8.4M)
Total Current Liabilities12.1M27.3M47.1M35.8M30.9M17.6M
Total Stockholder Equity53.9M317.0M371.3M216.4M173.4M129.3M
Net Tangible Assets35.9M232.6M197.5M216.4M248.9M261.3M
Retained Earnings(6.9M)(2.6M)10.1M(153.6M)(200.1M)(190.1M)
Accounts Payable6.0M14.6M17.0M15.7M11.7M7.6M
Cash13.0M177.9M41.4M40.1M29.8M35.1M
Other Assets377.4K13.6M800K803K923.5K877.3K
Cash And Short Term Investments13.0M177.9M81.2M71.9M65.0M46.9M
Net Receivables4.5M6.5M8.2M9.6M9.1M9.5M
Good Will17.8M63.0M125.4M16.0M7.5M7.1M
Common Stock Shares Outstanding33.9M46.5M60.5M60.8M61.2M36.2M
Capital Surpluse60.7M319.6M361.1M369.9M425.4M446.7M
Inventory22.7M54.0M105.6M77.1M64.9M37.6M
Total Liab18.1M37.7M88.0M77.0M65.7M69.0M
Short Long Term Debt110.2K82.9K92K50K57.5K54.6K
Total Current Assets42.6M250.2M216.9M170.7M147.5M95.3M
Short Term Debt1.9M3.1M13.8M8.2M16.0M16.8M
Common Stock36.9K57.2K60K61K70.2K38.2K
Property Plant Equipment11.0M18.6M67.8M28.7M33.0M34.6M
Short Long Term Debt Total8.0M12.7M45.6M48.8M42.5M44.6M
Property Plant And Equipment Net11.0M18.6M67.8M75.1M67.0M70.3M
Current Deferred Revenue2.5M5.2M11.7M4.3M5.4M3.6M
Net Debt(5.0M)(165.2M)4.2M8.8M12.7M13.3M
Non Current Assets Total29.4M104.5M242.4M122.8M91.6M74.0M
Non Currrent Assets Other377.4K1.5M800K803K949K600.1K
Long Term Debt2.4M242.1K158.0K66K75.9K72.1K
Common Stock Total Equity36.9K57.2K60K61K70.2K38.6K
Long Term Debt Total82.5K2.4M242.1K158.0K181.7K172.6K
Liabilities And Stockholders Equity72.0M354.7M459.3M293.4M239.1M179.8M
Non Current Liabilities Total6.0M10.4M41.0M41.3M94.5M99.2M
Other Current Assets2.5M11.8M22.0M12.1M8.5M7.1M
Other Stockholder Equity60.7M319.6M361.1M369.9M373.4M188.6M
Property Plant And Equipment Gross11.0M18.6M24.1M28.7M87.0M91.3M

Currently Active Assets on Macroaxis

When determining whether GrowGeneration Corp is a strong investment it is important to analyze GrowGeneration Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GrowGeneration Corp's future performance. For an informed investment choice regarding GrowGeneration Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration 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 housing.
For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GrowGeneration Corp. If investors know GrowGeneration will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GrowGeneration Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.147
Earnings Share
(0.88)
Revenue Per Share
3.31
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.1)
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GrowGeneration Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.