Gentherm Good Will vs Long Term Investments Analysis
THRM Stock | USD 43.52 0.73 1.71% |
Gentherm financial indicator trend analysis is much more than just examining Gentherm latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gentherm is a good investment. Please check the relationship between Gentherm Good Will and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Gentherm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gentherm Stock, please use our How to Invest in Gentherm guide.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gentherm Good Will account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gentherm's Good Will and Long Term Investments is 0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Gentherm, assuming nothing else is changed. The correlation between historical values of Gentherm's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Gentherm are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Gentherm's Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Investments
Long Term Investments is an item on the asset side of Gentherm balance sheet that represents investments Gentherm intends to hold for over a year. Gentherm long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Gentherm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gentherm 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Gentherm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gentherm Stock, please use our How to Invest in Gentherm guide.At this time, Gentherm's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 18.8 M, while Sales General And Administrative To Revenue is likely to drop 0.13.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 184.8M | 218.4M | 274.2M | 287.9M | Cost Of Revenue | 742.5M | 931.0M | 1.1B | 1.2B |
Gentherm fundamental ratios Correlations
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Gentherm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gentherm fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 727.4M | 1.0B | 935.3M | 1.2B | 1.2B | 1.3B | |
Other Current Liab | 66.6M | 60.7M | 59.5M | 72.2M | 73.8M | 77.5M | |
Total Current Liabilities | 156.7M | 206.0M | 213.1M | 285.6M | 325.0M | 341.2M | |
Total Stockholder Equity | 472.7M | 586.3M | 653.8M | 672.3M | 644.7M | 677.0M | |
Property Plant And Equipment Net | 172.2M | 183.2M | 179.7M | 274.4M | 272.6M | 286.2M | |
Net Debt | 41.5M | (45.6M) | (126.4M) | 108.9M | 97.0M | 101.9M | |
Retained Earnings | 401.7M | 472.8M | 566.2M | 590.7M | 624.4M | 655.6M | |
Accounts Payable | 83.0M | 116.0M | 122.7M | 182.2M | 215.8M | 226.6M | |
Cash | 50.4M | 268.3M | 190.6M | 153.9M | 149.7M | 157.2M | |
Non Current Assets Total | 353.5M | 379.2M | 369.5M | 555.4M | 546.8M | 574.1M | |
Cash And Short Term Investments | 50.4M | 268.3M | 190.6M | 153.9M | 149.7M | 157.2M | |
Net Receivables | 159.7M | 216.5M | 186.8M | 247.1M | 292.2M | 306.9M | |
Common Stock Shares Outstanding | 33.3M | 33.0M | 33.5M | 33.5M | 33.1M | 21.7M | |
Liabilities And Stockholders Equity | 727.4M | 1.0B | 935.3M | 1.2B | 1.2B | 1.3B | |
Other Current Assets | 42.7M | 36.4M | 29.0M | 31.9M | 39.8M | 21.0M | |
Other Stockholder Equity | 10.9M | 7.5M | 5.9M | 5.4M | 4.9M | 4.7M | |
Total Liab | 254.7M | 436.5M | 281.5M | 567.0M | 589.6M | 619.1M | |
Property Plant And Equipment Gross | 144.5M | 183.2M | 179.7M | 274.4M | 503.3M | 528.5M | |
Total Current Assets | 373.9M | 643.6M | 565.8M | 683.9M | 687.6M | 721.9M | |
Accumulated Other Comprehensive Income | (42.4M) | (15.0M) | (36.9M) | (46.5M) | (30.2M) | (28.7M) | |
Short Long Term Debt Total | 92.0M | 222.7M | 64.2M | 262.8M | 246.7M | 259.0M | |
Non Currrent Assets Other | 9.3M | 7.7M | 9.1M | 17.5M | 16.0M | 9.3M | |
Non Current Liabilities Total | 98.0M | 230.5M | 68.4M | 281.4M | 264.7M | 277.9M | |
Inventory | 118.5M | 122.4M | 159.5M | 218.2M | 205.9M | 216.2M | |
Common Stock Total Equity | 102.5M | 121.1M | 118.6M | 122.7M | 141.1M | 126.4M | |
Common Stock | 102.5M | 121.1M | 118.6M | 122.7M | 50.5M | 48.0M | |
Other Assets | 67.0M | 112.2M | 86.3M | 87.3M | 100.4M | 105.4M | |
Long Term Debt | 78.1M | 189.9M | 36.3M | 232.7M | 222.2M | 121.5M | |
Property Plant Equipment | 160.6M | 152.6M | 155.3M | 244.5M | 281.2M | 295.2M | |
Other Liab | 13.2M | 16.4M | 12.4M | 28.2M | 32.4M | 34.1M | |
Short Term Debt | 7.1M | 14.6M | 13.8M | 16.7M | 16.0M | 10.5M | |
Good Will | 64.6M | 68.0M | 66.0M | 119.8M | 104.1M | 109.3M | |
Intangible Assets | 49.8M | 46.4M | 37.6M | 73.9M | 66.5M | 46.7M | |
Net Tangible Assets | 358.3M | 471.9M | 550.2M | 478.6M | 550.4M | 358.6M | |
Retained Earnings Total Equity | 401.7M | 472.8M | 566.2M | 590.7M | 679.3M | 713.2M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Gentherm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gentherm Stock, please use our How to Invest in Gentherm guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Automotive Parts & 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 Gentherm. If investors know Gentherm 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 Gentherm listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.063 | Earnings Share 2.12 | Revenue Per Share 46.587 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0638 |
The market value of Gentherm is measured differently than its book value, which is the value of Gentherm that is recorded on the company's balance sheet. Investors also form their own opinion of Gentherm's value that differs from its market value or its book value, called intrinsic value, which is Gentherm'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 Gentherm's market value can be influenced by many factors that don't directly affect Gentherm'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 Gentherm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentherm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentherm'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.