GreenX Depreciation And Amortization vs Interest Expense Analysis

GRX Stock   35.50  1.50  4.05%   
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 Depreciation And Amortization and its Interest Expense 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 bureau of economic analysis.

Depreciation And Amortization vs Interest Expense

Depreciation And Amortization vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenX Metals Depreciation And Amortization account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GreenX Metals' Depreciation And Amortization and Interest Expense is -0.02. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Expense 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' Depreciation And Amortization and Interest Expense 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 GreenX Metals are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Depreciation And Amortization i.e., GreenX Metals' Depreciation And Amortization and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 bureau of economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 9.3 M, whereas Selling General Administrative is forecasted to decline to about 504.8 K.
 2021 2022 2023 2024 (projected)
Gross Profit261.5K313.1K451.1K421.7K
Total Revenue261.5K313.1K451.1K424.8K

GreenX Metals fundamental ratios Correlations

0.420.470.850.23-0.560.060.560.610.520.220.53-0.35-0.16-0.230.32-0.18-0.090.420.51-0.010.220.49-0.420.150.64
0.420.99-0.070.38-0.42-0.230.740.58-0.15-0.120.530.210.03-0.110.380.4-0.480.980.590.280.170.92-0.950.01-0.03
0.470.99-0.030.38-0.44-0.290.820.6-0.14-0.080.570.190.07-0.070.450.41-0.480.990.630.330.130.92-0.95-0.03-0.01
0.85-0.07-0.03-0.09-0.360.320.160.340.670.270.28-0.47-0.27-0.170.14-0.390.07-0.080.22-0.240.140.070.040.260.74
0.230.380.38-0.09-0.14-0.610.170.180.030.180.10.180.53-0.25-0.150.220.420.410.150.480.240.18-0.29-0.560.22
-0.56-0.42-0.44-0.36-0.140.18-0.46-0.980.310.11-0.90.24-0.010.2-0.380.060.49-0.44-0.89-0.28-0.25-0.360.37-0.13-0.25
0.06-0.23-0.290.32-0.610.18-0.23-0.180.25-0.28-0.09-0.4-0.90.23-0.05-0.380.0-0.36-0.16-0.96-0.240.010.150.820.14
0.560.740.820.160.17-0.46-0.230.59-0.1-0.10.65-0.11-0.030.160.710.17-0.40.810.670.28-0.110.78-0.80.090.09
0.610.580.60.340.18-0.98-0.180.59-0.29-0.110.92-0.190.01-0.20.40.02-0.530.60.930.280.250.55-0.560.120.24
0.52-0.15-0.140.670.030.310.25-0.1-0.290.39-0.43-0.19-0.11-0.39-0.16-0.240.41-0.17-0.47-0.260.32-0.040.120.040.46
0.22-0.12-0.080.270.180.11-0.28-0.1-0.110.39-0.190.30.49-0.25-0.210.280.28-0.07-0.170.230.2-0.090.18-0.510.4
0.530.530.570.280.1-0.9-0.090.650.92-0.43-0.19-0.28-0.120.190.49-0.04-0.510.550.990.19-0.140.53-0.520.210.28
-0.350.210.19-0.470.180.24-0.4-0.11-0.19-0.190.3-0.280.42-0.150.00.93-0.270.22-0.160.380.190.03-0.03-0.45-0.52
-0.160.030.07-0.270.53-0.01-0.9-0.030.01-0.110.49-0.120.42-0.32-0.220.370.180.13-0.070.880.31-0.140.02-0.880.0
-0.23-0.11-0.07-0.17-0.250.20.230.16-0.2-0.39-0.250.19-0.15-0.320.29-0.1-0.04-0.10.17-0.23-0.99-0.030.080.260.04
0.320.380.450.14-0.15-0.38-0.050.710.4-0.16-0.210.490.0-0.220.290.14-0.520.490.520.17-0.250.36-0.350.41-0.07
-0.180.40.41-0.390.220.06-0.380.170.02-0.240.28-0.040.930.37-0.10.14-0.360.420.080.380.160.27-0.26-0.42-0.43
-0.09-0.48-0.480.070.420.490.0-0.4-0.530.410.28-0.51-0.270.18-0.04-0.52-0.36-0.48-0.56-0.17-0.05-0.420.41-0.260.37
0.420.980.99-0.080.41-0.44-0.360.810.6-0.17-0.070.550.220.13-0.10.490.42-0.480.610.410.150.89-0.93-0.05-0.05
0.510.590.630.220.15-0.89-0.160.670.93-0.47-0.170.99-0.16-0.070.170.520.08-0.560.610.25-0.110.56-0.550.150.2
-0.010.280.33-0.240.48-0.28-0.960.280.28-0.260.230.190.380.88-0.230.170.38-0.170.410.250.250.04-0.2-0.72-0.11
0.220.170.130.140.24-0.25-0.24-0.110.250.320.2-0.140.190.31-0.99-0.250.16-0.050.15-0.110.250.09-0.14-0.25-0.09
0.490.920.920.070.18-0.360.010.780.55-0.04-0.090.530.03-0.14-0.030.360.27-0.420.890.560.040.09-0.970.180.09
-0.42-0.95-0.950.04-0.290.370.15-0.8-0.560.120.18-0.52-0.030.020.08-0.35-0.260.41-0.93-0.55-0.2-0.14-0.97-0.080.0
0.150.01-0.030.26-0.56-0.130.820.090.120.04-0.510.21-0.45-0.880.260.41-0.42-0.26-0.050.15-0.72-0.250.18-0.080.07
0.64-0.03-0.010.740.22-0.250.140.090.240.460.40.28-0.520.00.04-0.07-0.430.37-0.050.2-0.11-0.090.090.00.07
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GreenX Metals Account Relationship Matchups

GreenX Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M8.1M15.7M17.9M17.2M16.1M
Other Current Liab1.2M1.4M2.0M460.4K760.3K1.3M
Total Current Liabilities2.1M2.0M3.1M1.7M1.8M2.3M
Total Stockholder Equity4.0M5.7M11.8M15.7M15.1M9.7M
Property Plant And Equipment Net2.4M2.0M7.4M1.1M9.7M10.1M
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 Payable695.1K442.1K782.5K964.0K719.4K883.9K
Cash2.6M4.8M6.1M8.7M7.2M7.7M
Non Current Assets Total2.4M2.0M7.4M9.1M9.8M5.1M
Cash And Short Term Investments2.6M4.8M6.1M8.7M7.2M8.3M
Net Receivables1.4M1.1M2.0M46.1K13.7K13.0K
Short Term Investments292.4K262.8K193.7K2.9K24.4K23.2K
Liabilities And Stockholders Equity6.6M8.1M15.7M17.9M17.2M16.1M
Non Current Liabilities Total507.9K384.0K821.2K511.3K277.4K263.6K
Other Current Assets1.4M819.8K1.9M154.5K148.5K141.0K
Total Liab2.6M2.4M3.9M2.2M2.1M2.7M
Total Current Assets4.2M6.1M8.3M8.9M7.4M9.0M
Common Stock75.5M79.3M75.8M85.9M89.9M64.0M
Inventory(309.5K)(198.6K)292.4K2.9K24.4K25.7K
Accumulated Other Comprehensive Income1.6M345.9K11.1M11.0M11.0M5.6M
Other Liab340.9K384.0K283.0K210.4K189.4K179.9K
Net Tangible Assets4.0M5.7M11.8M15.7M18.1M10.4M
Net Invested Capital4.0M5.7M11.8M15.7M18.1M10.4M
Net Working Capital2.1M4.1M5.2M7.2M6.5M4.4M
Property Plant Equipment2.4M2.0M7.4M8.9M10.2M5.2M
Capital Stock75.5M70.5M75.8M83.3M95.8M83.7M

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Other Information on Investing in GreenX Stock

Balance Sheet is a snapshot of the financial position of GreenX Metals at a specified time, usually calculated after every quarter, six months, or one year. GreenX Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GreenX Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GreenX currently owns. An asset can also be divided into two categories, current and non-current.