Grosvenor Non Current Liabilities Total vs Total Current Assets Analysis

GVR Stock   0.04  0.00  0.00%   
Grosvenor Resource financial indicator trend analysis is much more than just examining Grosvenor Resource Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grosvenor Resource Corp is a good investment. Please check the relationship between Grosvenor Resource Non Current Liabilities Total and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grosvenor Resource 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 board of governors.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grosvenor Resource Corp Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Grosvenor Resource's Non Current Liabilities Total and Total Current Assets is 0.33. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Grosvenor Resource Corp, assuming nothing else is changed. The correlation between historical values of Grosvenor Resource's Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Grosvenor Resource Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Grosvenor Resource's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Grosvenor Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grosvenor Resource 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 Grosvenor Resource 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 board of governors.
At this time, Grosvenor Resource's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 115.2 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (1.76) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income11.3K40.3K46.4K23.4K
Net Interest Income11.3K40.3K46.4K23.4K

Grosvenor Resource fundamental ratios Correlations

-0.62-0.641.00.04-0.34-0.58-0.640.330.040.67-0.180.690.29-0.630.66-0.65-0.62-0.70.56-0.06-0.19-0.150.050.30.18
-0.621.0-0.64-0.13-0.130.970.990.12-0.13-0.320.45-0.92-0.371.0-0.311.00.880.97-0.850.380.29-0.140.170.16-0.12
-0.641.0-0.65-0.12-0.120.971.00.11-0.13-0.330.45-0.93-0.381.0-0.321.00.890.96-0.850.390.3-0.120.170.14-0.13
1.0-0.64-0.650.06-0.31-0.6-0.660.310.060.66-0.190.730.29-0.650.66-0.66-0.64-0.710.58-0.05-0.2-0.180.050.30.14
0.04-0.13-0.120.060.460.06-0.13-0.491.0-0.71-0.370.120.57-0.13-0.71-0.11-0.28-0.180.040.580.35-0.180.380.22-0.24
-0.34-0.13-0.12-0.310.46-0.1-0.1-1.00.47-0.59-0.250.080.14-0.12-0.59-0.11-0.08-0.10.140.030.590.2-0.37-0.38-0.14
-0.580.970.97-0.60.06-0.10.970.10.06-0.430.35-0.9-0.260.97-0.420.970.830.92-0.810.490.31-0.090.330.16-0.19
-0.640.991.0-0.66-0.13-0.10.970.09-0.13-0.340.46-0.93-0.391.0-0.321.00.90.96-0.840.390.32-0.10.150.11-0.12
0.330.120.110.31-0.49-1.00.10.09-0.490.590.26-0.07-0.150.110.60.10.090.09-0.1-0.06-0.6-0.110.350.320.15
0.04-0.13-0.130.061.00.470.06-0.13-0.49-0.71-0.370.120.57-0.13-0.71-0.11-0.28-0.180.040.570.35-0.180.380.22-0.23
0.67-0.32-0.330.66-0.71-0.59-0.43-0.340.59-0.710.140.41-0.23-0.321.0-0.35-0.23-0.340.36-0.44-0.4-0.03-0.220.080.24
-0.180.450.45-0.19-0.37-0.250.350.460.26-0.370.14-0.37-0.440.450.170.450.730.51-0.290.070.030.06-0.410.190.53
0.69-0.92-0.930.730.120.08-0.9-0.93-0.070.120.41-0.370.32-0.930.4-0.93-0.85-0.890.91-0.3-0.320.06-0.14-0.070.01
0.29-0.37-0.380.290.570.14-0.26-0.39-0.150.57-0.23-0.440.32-0.38-0.25-0.38-0.45-0.520.270.460.28-0.010.240.14-0.1
-0.631.01.0-0.65-0.13-0.120.971.00.11-0.13-0.320.45-0.93-0.38-0.311.00.890.97-0.850.380.3-0.130.160.15-0.12
0.66-0.31-0.320.66-0.71-0.59-0.42-0.320.6-0.711.00.170.4-0.25-0.31-0.33-0.2-0.320.35-0.43-0.39-0.03-0.230.080.25
-0.651.01.0-0.66-0.11-0.110.971.00.1-0.11-0.350.45-0.93-0.381.0-0.330.890.96-0.850.40.3-0.10.180.13-0.13
-0.620.880.89-0.64-0.28-0.080.830.90.09-0.28-0.230.73-0.85-0.450.89-0.20.890.89-0.70.230.250.1-0.14-0.010.12
-0.70.970.96-0.71-0.18-0.10.920.960.09-0.18-0.340.51-0.89-0.520.97-0.320.960.89-0.810.220.15-0.10.10.1-0.08
0.56-0.85-0.850.580.040.14-0.81-0.84-0.10.040.36-0.290.910.27-0.850.35-0.85-0.7-0.81-0.41-0.310.45-0.24-0.350.05
-0.060.380.39-0.050.580.030.490.39-0.060.57-0.440.07-0.30.460.38-0.430.40.230.22-0.410.58-0.410.470.54-0.21
-0.190.290.3-0.20.350.590.310.32-0.60.35-0.40.03-0.320.280.3-0.390.30.250.15-0.310.58-0.07-0.180.160.11
-0.15-0.14-0.12-0.18-0.180.2-0.09-0.1-0.11-0.18-0.030.060.06-0.01-0.13-0.03-0.10.1-0.10.45-0.41-0.07-0.34-0.740.18
0.050.170.170.050.38-0.370.330.150.350.38-0.22-0.41-0.140.240.16-0.230.18-0.140.1-0.240.47-0.18-0.340.42-0.44
0.30.160.140.30.22-0.380.160.110.320.220.080.19-0.070.140.150.080.13-0.010.1-0.350.540.16-0.740.420.3
0.18-0.12-0.130.14-0.24-0.14-0.19-0.120.15-0.230.240.530.01-0.1-0.120.25-0.130.12-0.080.05-0.210.110.18-0.440.3
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Grosvenor Resource Account Relationship Matchups

Grosvenor Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6M3.9M3.6M2.8M3.2M2.3M
Total Current Liabilities27.6K26.0K28.2K22.2K20.0K19.0K
Total Stockholder Equity3.6M3.9M3.6M2.8M3.2M2.0M
Property Plant And Equipment Net30.4K35.8K41.1K46.5K41.8K39.7K
Net Debt(1.3M)(1.3M)(428.7K)(642.2K)(578.0K)(549.1K)
Retained Earnings(10.3M)(10.2M)(10.3M)(10.6M)(9.5M)(10.0M)
Accounts Payable5.4K4.9K5.0K5.0K4.5K4.3K
Cash1.3M1.3M428.7K642.2K738.6K623.3K
Non Current Assets Total30.4K35.8K41.1K46.5K53.5K50.8K
Cash And Short Term Investments3.5M3.8M3.5M2.7M3.1M1.7M
Net Receivables72.0K122.9K65.3K63.8K57.4K29.6K
Liabilities And Stockholders Equity3.6M3.9M3.6M2.8M3.2M2.3M
Other Stockholder Equity0.03.8M4.0M3.8M4.3M5.9M
Total Liab27.6K26.0K28.2K22.2K20.0K19.0K
Total Current Assets3.5M3.9M3.6M2.8M3.2M1.7M
Accumulated Other Comprehensive Income3.8M4.0M3.8M3.2M3.7M3.2M
Net Tangible Assets3.1M3.6M3.9M3.6M3.2M2.9M
Short Term Investments2.2M2.5M3.1M2.0M2.3M2.6M
Property Plant Equipment25.1K30.4K35.8K41.1K37.0K35.2K
Net Invested Capital3.6M3.9M3.6M2.8M2.5M2.7M
Net Working Capital3.5M3.9M3.6M2.7M3.1M3.6M

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