Graphjet Cash And Short Term Investments vs Common Stock Analysis
| GTI Stock | 2.70 0.28 9.40% |
Graphjet Technology financial indicator trend analysis is much more than just examining Graphjet Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graphjet Technology is a good investment. Please check the relationship between Graphjet Technology Cash And Short Term Investments and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphjet Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.
Cash And Short Term Investments vs Common Stock
Cash And Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Graphjet Technology Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Graphjet Technology's Cash And Short Term Investments and Common Stock is 0.74. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Graphjet Technology, assuming nothing else is changed. The correlation between historical values of Graphjet Technology's Cash And Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Graphjet Technology are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash And Short Term Investments i.e., Graphjet Technology's Cash And Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Graphjet Technology balance sheet. This account contains Graphjet Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Graphjet Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock
Most indicators from Graphjet Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graphjet Technology 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 Graphjet Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.As of now, Graphjet Technology's Selling General Administrative is increasing as compared to previous years. The Graphjet Technology's current Issuance Of Capital Stock is estimated to increase to about 726 K, while Enterprise Value Over EBITDA is projected to decrease to (58.51).
Graphjet Technology fundamental ratios Correlations
Click cells to compare fundamentals
Graphjet Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Graphjet Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Graphjet Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graphjet Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Graphjet Technology Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphjet Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Electrical Components & Equipment 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 Graphjet Technology. If investors know Graphjet 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 Graphjet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (1.38) |
The market value of Graphjet Technology is measured differently than its book value, which is the value of Graphjet that is recorded on the company's balance sheet. Investors also form their own opinion of Graphjet Technology's value that differs from its market value or its book value, called intrinsic value, which is Graphjet Technology'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 Graphjet Technology's market value can be influenced by many factors that don't directly affect Graphjet Technology'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 Graphjet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphjet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphjet Technology'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.