GreenX Net Receivables vs Inventory Analysis

GRX Stock

0.65 0.02 2.99%

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

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenX Metals Net Receivables account and Inventory. At this time, the significance of the direction appears to have very week relationship.

The correlation between GreenX Metals' Net Receivables and Inventory is 0.2. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of GreenX Metals, assuming nothing else is changed. The correlation between historical values of GreenX Metals' Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of GreenX Metals are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., GreenX Metals' Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Inventory

Most indicators from GreenX Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenX Metals 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 GreenX Metals. 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 drop to about 504.8 K in 2024. Issuance Of Capital Stock is likely to drop to about 3.7 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	261.5K	313.1K	460.0K	422.4K
Total Revenue	261.5K	162.7K	451.1K	413.0K

Gross Profit Total Revenue

GreenX Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Inventory	Other Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Cash And Equivalents	Short Term Debt
Total Assets		0.48	0.47	0.85	0.23	-0.56	0.06	0.31	0.61	0.52	0.22	0.53	-0.16	-0.24	0.38	0.31	0.42	0.51	-0.01	-0.25	0.21	-0.24	0.49	0.04	0.57	0.49
Other Current Liab	0.48		0.98	0.0	0.39	-0.45	-0.2	0.62	0.61	-0.12	-0.09	0.57	0.01	-0.09	0.19	-0.03	0.97	0.62	0.25	0.26	0.16	-0.12	0.92	-0.48	0.37	0.88
Total Current Liabilities	0.47	0.98		-0.03	0.38	-0.44	-0.29	0.76	0.6	-0.14	-0.08	0.57	0.07	-0.06	0.19	-0.01	0.99	0.63	0.33	0.31	0.13	-0.11	0.92	-0.55	0.3	0.88
Total Stockholder Equity	0.85	0.0	-0.03		-0.09	-0.36	0.32	-0.08	0.34	0.67	0.27	0.28	-0.27	-0.2	0.35	0.25	-0.08	0.22	-0.24	-0.43	0.13	-0.17	0.07	0.41	0.52	0.09
Property Plant And Equipment Net	0.23	0.39	0.38	-0.09		-0.14	-0.61	0.14	0.18	0.03	0.18	0.1	0.53	-0.23	-0.31	0.5	0.41	0.15	0.48	0.18	0.24	-0.26	0.18	-0.55	-0.17	0.19
Net Debt	-0.56	-0.45	-0.44	-0.36	-0.14		0.18	-0.3	-0.98	0.31	0.11	-0.9	-0.01	0.26	-0.33	-0.17	-0.44	-0.89	-0.28	0.06	-0.27	0.27	-0.36	0.18	-0.32	-0.34
Retained Earnings	0.06	-0.2	-0.29	0.32	-0.61	0.18		-0.31	-0.18	0.25	-0.28	-0.09	-0.9	0.22	0.35	-0.35	-0.36	-0.16	-0.96	-0.48	-0.26	0.27	0.01	0.91	0.67	0.08
Accounts Payable	0.31	0.62	0.76	-0.08	0.14	-0.3	-0.31		0.43	-0.19	-0.18	0.47	0.04	0.12	0.29	-0.03	0.76	0.51	0.35	0.24	-0.04	0.04	0.69	-0.46	0.16	0.65
Cash	0.61	0.61	0.6	0.34	0.18	-0.98	-0.18	0.43		-0.29	-0.11	0.92	0.01	-0.24	0.32	0.13	0.6	0.93	0.28	-0.01	0.27	-0.26	0.55	-0.24	0.38	0.52
Non Current Assets Total	0.52	-0.12	-0.14	0.67	0.03	0.31	0.25	-0.19	-0.29		0.39	-0.43	-0.11	-0.36	0.01	0.24	-0.17	-0.47	-0.26	-0.27	0.3	-0.34	-0.04	0.25	0.2	-0.02
Non Currrent Assets Other	0.22	-0.09	-0.08	0.27	0.18	0.11	-0.28	-0.18	-0.11	0.39		-0.19	0.49	-0.23	-0.26	0.38	-0.07	-0.17	0.23	0.27	0.17	-0.24	-0.09	-0.19	-0.19	-0.16
Cash And Short Term Investments	0.53	0.57	0.57	0.28	0.1	-0.9	-0.09	0.47	0.92	-0.43	-0.19		-0.12	0.15	0.41	0.08	0.55	0.99	0.19	-0.09	-0.12	0.13	0.53	-0.12	0.46	0.52
Common Stock Shares Outstanding	-0.16	0.01	0.07	-0.27	0.53	-0.01	-0.9	0.04	0.01	-0.11	0.49	-0.12		-0.3	-0.53	0.33	0.13	-0.07	0.88	0.44	0.31	-0.34	-0.14	-0.79	-0.74	-0.21
Short Term Investments	-0.24	-0.09	-0.06	-0.2	-0.23	0.26	0.22	0.12	-0.24	-0.36	-0.23	0.15	-0.3		0.24	-0.19	-0.09	0.12	-0.22	-0.15	-0.99	0.99	-0.02	0.27	0.18	-0.01
Non Current Liabilities Total	0.38	0.19	0.19	0.35	-0.31	-0.33	0.35	0.29	0.32	0.01	-0.26	0.41	-0.53	0.24		-0.15	0.2	0.41	-0.25	-0.1	-0.2	0.24	0.23	0.23	0.57	0.18
Other Stockholder Equity	0.31	-0.03	-0.01	0.25	0.5	-0.17	-0.35	-0.03	0.13	0.24	0.38	0.08	0.33	-0.19	-0.15		0.03	0.04	0.28	-0.3	0.18	-0.23	-0.1	-0.26	0.08	-0.13
Total Liab	0.42	0.97	0.99	-0.08	0.41	-0.44	-0.36	0.76	0.6	-0.17	-0.07	0.55	0.13	-0.09	0.2	0.03		0.61	0.41	0.35	0.17	-0.14	0.89	-0.63	0.26	0.83
Total Current Assets	0.51	0.62	0.63	0.22	0.15	-0.89	-0.16	0.51	0.93	-0.47	-0.17	0.99	-0.07	0.12	0.41	0.04	0.61		0.25	0.03	-0.09	0.1	0.56	-0.2	0.4	0.54
Common Stock	-0.01	0.25	0.33	-0.24	0.48	-0.28	-0.96	0.35	0.28	-0.26	0.23	0.19	0.88	-0.22	-0.25	0.28	0.41	0.25		0.49	0.28	-0.28	0.04	-0.91	-0.61	-0.05
Net Receivables	-0.25	0.26	0.31	-0.43	0.18	0.06	-0.48	0.24	-0.01	-0.27	0.27	-0.09	0.44	-0.15	-0.1	-0.3	0.35	0.03	0.49		0.2	-0.19	0.12	-0.56	-0.49	0.01
Inventory	0.21	0.16	0.13	0.13	0.24	-0.27	-0.26	-0.04	0.27	0.3	0.17	-0.12	0.31	-0.99	-0.2	0.18	0.17	-0.09	0.28	0.2		-0.99	0.08	-0.35	-0.18	0.04
Other Current Assets	-0.24	-0.12	-0.11	-0.17	-0.26	0.27	0.27	0.04	-0.26	-0.34	-0.24	0.13	-0.34	0.99	0.24	-0.23	-0.14	0.1	-0.28	-0.19	-0.99		-0.06	0.33	0.19	-0.03
Short Long Term Debt Total	0.49	0.92	0.92	0.07	0.18	-0.36	0.01	0.69	0.55	-0.04	-0.09	0.53	-0.14	-0.02	0.23	-0.1	0.89	0.56	0.04	0.12	0.08	-0.06		-0.28	0.52	0.98
Current Deferred Revenue	0.04	-0.48	-0.55	0.41	-0.55	0.18	0.91	-0.46	-0.24	0.25	-0.19	-0.12	-0.79	0.27	0.23	-0.26	-0.63	-0.2	-0.91	-0.56	-0.35	0.33	-0.28		0.5	-0.18
Cash And Equivalents	0.57	0.37	0.3	0.52	-0.17	-0.32	0.67	0.16	0.38	0.2	-0.19	0.46	-0.74	0.18	0.57	0.08	0.26	0.4	-0.61	-0.49	-0.18	0.19	0.52	0.5		0.53
Short Term Debt	0.49	0.88	0.88	0.09	0.19	-0.34	0.08	0.65	0.52	-0.02	-0.16	0.52	-0.21	-0.01	0.18	-0.13	0.83	0.54	-0.05	0.01	0.04	-0.03	0.98	-0.18	0.53

Click cells to compare fundamentals

GreenX Metals Account Relationship Matchups

GreenX Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6M	8.1M	15.7M	17.9M	17.2M	16.1M
Other Current Liab	257.6K	1.4M	2.0M	460.4K	760.3K	1.2M
Total Current Liabilities	2.1M	2.0M	3.1M	1.7M	1.8M	2.3M
Total Stockholder Equity	4.0M	5.7M	11.8M	15.7M	15.1M	9.7M
Property Plant And Equipment Net	2.4M	2.0M	7.4M	1.1M	9.7M	10.1M
Net Debt	(2.1M)	(4.6M)	(5.3M)	(8.1M)	(6.9M)	(7.2M)
Retained Earnings	(73.1M)	(74.0M)	(77.7M)	(81.2M)	(85.7M)	(81.4M)
Accounts Payable	1.6M	442.1K	782.5K	964.0K	719.4K	955.1K
Cash	2.6M	4.8M	6.1M	8.7M	7.2M	7.7M
Non Current Assets Total	2.4M	2.0M	7.4M	9.1M	9.8M	5.1M
Cash And Short Term Investments	2.6M	4.8M	6.1M	8.7M	7.2M	8.3M
Short Term Investments	292.4K	262.8K	193.7K	2.9K	24.4K	23.2K
Liabilities And Stockholders Equity	6.6M	8.1M	15.7M	17.9M	17.2M	16.1M
Non Current Liabilities Total	507.9K	384.0K	821.2K	511.3K	277.4K	540.4K
Other Stockholder Equity	1.6M	(8.8M)	2.6M	13.6M	11.0M	11.5M
Total Liab	2.6M	2.4M	3.9M	2.2M	2.1M	2.7M
Total Current Assets	4.2M	6.1M	8.3M	8.9M	7.4M	9.0M
Common Stock	75.5M	79.3M	75.8M	85.9M	89.9M	64.0M
Net Receivables	1.4M	1.1M	2.0M	200.6K	13.7K	13.0K
Other Current Assets	(26.2K)	819.8K	193.7K	2.9K	172.9K	164.3K
Accumulated Other Comprehensive Income	1.6M	345.9K	11.1M	11.0M	11.0M	5.6M
Cash And Equivalents	5.5M	1.5M	0.0	4.5M	4.1M	4.5M
Short Term Debt	271.2K	171.7K	315.8K	281.4K	299.4K	557.9K
Property Plant Equipment	2.4M	2.0M	7.4M	8.9M	10.2M	10.7M
Other Liab	340.9K	384.0K	283.0K	210.4K	189.4K	179.9K
Net Tangible Assets	4.0M	5.7M	11.8M	15.7M	18.1M	10.4M
Net Invested Capital	4.0M	5.7M	11.8M	15.7M	15.1M	11.3M
Net Working Capital	2.1M	4.1M	5.2M	7.2M	5.6M	4.4M
Capital Stock	75.5M	70.5M	75.8M	83.3M	89.9M	86.3M

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