GRX Stock | | | 0.67 0.01 1.52% |
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 Selling General Administrative and its Total Revenue 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.
Selling General Administrative vs Total Revenue
Selling General Administrative vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GreenX Metals Selling General Administrative account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GreenX Metals' Selling General Administrative and Total Revenue is -0.05. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue 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' Selling General Administrative and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of GreenX Metals are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., GreenX Metals' Selling General Administrative and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Total Revenue
Total revenue comprises all receipts GreenX Metals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 |
GreenX Metals fundamental ratios Correlations
Click cells to compare fundamentals
GreenX Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GreenX Metals fundamental ratios Accounts
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Additional Tools for GreenX Stock Analysis
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