Gifore Inventory vs Non Current Liabilities Total Analysis

300022 Stock   4.98  0.03  0.60%   
Gifore Agricultural financial indicator trend analysis is much more than just examining Gifore Agricultural latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gifore Agricultural is a good investment. Please check the relationship between Gifore Agricultural Inventory and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gifore Agricultural Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gifore Agricultural Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gifore Agricultural's Inventory and Non Current Liabilities Total is -0.32. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Gifore Agricultural Machinery, assuming nothing else is changed. The correlation between historical values of Gifore Agricultural's Inventory and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Gifore Agricultural Machinery are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Gifore Agricultural's Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Non Current Liabilities Total

Most indicators from Gifore Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gifore Agricultural 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Gifore Agricultural Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 4, 2024, Selling General Administrative is expected to decline to about 149.7 M. In addition to that, Tax Provision is expected to decline to about 18 M
 2021 2022 2023 2024 (projected)
Operating Income157.2M155.3M121.7M96.8M
Total Revenue2.4B2.7B2.6B3.2B

Gifore Agricultural fundamental ratios Correlations

0.810.980.730.550.960.940.870.960.980.780.98-0.180.480.33-0.42-0.39-0.070.410.240.13-0.36-0.060.420.340.41
0.810.830.390.660.820.690.760.830.790.820.83-0.250.220.11-0.53-0.53-0.10.490.430.16-0.45-0.020.510.370.5
0.980.830.60.550.980.880.890.970.940.781.0-0.130.420.29-0.45-0.41-0.010.460.330.2-0.45-0.020.490.420.44
0.730.390.60.490.60.780.60.620.790.440.6-0.350.260.11-0.36-0.26-0.290.24-0.2-0.15-0.1-0.190.160.080.21
0.550.660.550.490.670.410.590.620.630.710.54-0.54-0.4-0.53-0.88-0.81-0.120.750.510.24-0.660.00.750.610.75
0.960.820.980.60.670.820.90.970.940.80.98-0.220.30.17-0.55-0.550.010.560.430.25-0.54-0.020.590.520.57
0.940.690.880.780.410.820.770.840.90.690.88-0.140.610.48-0.3-0.140.020.280.130.07-0.220.110.220.210.23
0.870.760.890.60.590.90.770.920.870.590.89-0.330.230.21-0.47-0.46-0.010.40.30.28-0.34-0.040.440.430.4
0.960.830.970.620.620.970.840.920.920.70.97-0.230.30.21-0.51-0.51-0.060.510.320.2-0.47-0.050.530.450.49
0.980.790.940.790.630.940.90.870.920.790.94-0.290.390.22-0.45-0.5-0.170.430.20.09-0.32-0.150.440.320.44
0.780.820.780.440.710.80.690.590.70.790.78-0.220.22-0.02-0.56-0.510.020.520.510.25-0.490.040.560.460.54
0.980.831.00.60.540.980.880.890.970.940.78-0.130.430.3-0.45-0.41-0.010.450.320.2-0.44-0.030.490.420.43
-0.18-0.25-0.13-0.35-0.54-0.22-0.14-0.33-0.23-0.29-0.22-0.130.360.310.30.590.18-0.020.070.08-0.010.08-0.010.04-0.02
0.480.220.420.26-0.40.30.610.230.30.390.220.430.360.930.460.430.14-0.29-0.13-0.080.30.07-0.32-0.25-0.25
0.330.110.290.11-0.530.170.480.210.210.22-0.020.30.310.930.570.530.23-0.41-0.16-0.060.390.14-0.44-0.31-0.37
-0.42-0.53-0.45-0.36-0.88-0.55-0.3-0.47-0.51-0.45-0.56-0.450.30.460.570.560.02-0.77-0.49-0.160.84-0.02-0.78-0.61-0.72
-0.39-0.53-0.41-0.26-0.81-0.55-0.14-0.46-0.51-0.5-0.51-0.410.590.430.530.560.4-0.53-0.31-0.090.420.18-0.54-0.37-0.58
-0.07-0.1-0.01-0.29-0.120.010.02-0.01-0.06-0.170.02-0.010.180.140.230.020.40.140.60.7-0.280.50.190.530.14
0.410.490.460.240.750.560.280.40.510.430.520.45-0.02-0.29-0.41-0.77-0.530.140.690.31-0.870.210.940.780.93
0.240.430.33-0.20.510.430.130.30.320.20.510.320.07-0.13-0.16-0.49-0.310.60.690.74-0.690.390.750.860.75
0.130.160.2-0.150.240.250.070.280.20.090.250.20.08-0.08-0.06-0.16-0.090.70.310.74-0.290.310.420.810.39
-0.36-0.45-0.45-0.1-0.66-0.54-0.22-0.34-0.47-0.32-0.49-0.44-0.010.30.390.840.42-0.28-0.87-0.69-0.29-0.25-0.86-0.76-0.79
-0.06-0.02-0.02-0.190.0-0.020.11-0.04-0.05-0.150.04-0.030.080.070.14-0.020.180.50.210.390.31-0.250.010.250.02
0.420.510.490.160.750.590.220.440.530.440.560.49-0.01-0.32-0.44-0.78-0.540.190.940.750.42-0.860.010.850.93
0.340.370.420.080.610.520.210.430.450.320.460.420.04-0.25-0.31-0.61-0.370.530.780.860.81-0.760.250.850.81
0.410.50.440.210.750.570.230.40.490.440.540.43-0.02-0.25-0.37-0.72-0.580.140.930.750.39-0.790.020.930.81
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Gifore Agricultural Account Relationship Matchups

Gifore Agricultural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.6B1.6B1.6B1.8B2.1B
Other Current Liab188.8M174.1M127.4M622.2M1.0M970.9K
Total Current Liabilities1.4B1.3B1.2B1.2B923.5M1.6B
Total Stockholder Equity82.8M65.4M80.7M91.6M537.6M564.5M
Retained Earnings(509.1M)(525.3M)(510.0M)(498.9M)(497.0M)(472.1M)
Accounts Payable612.9M590.6M439.3M335.2M414.8M590.4M
Cash330.2M315.7M319.3M329.8M401.6M415.4M
Other Assets26.4M9.1M11.3M10.1M11.6M23.0M
Net Receivables494.1M425.9M364.9M389.5M348.2M619.0M
Inventory469.8M364.3M473.5M423.4M644.9M638.7M
Other Current Assets127.5M116.0M135.4M154.5M5.7M5.4M
Total Liab1.5B1.3B1.3B1.2B947.9M1.6B
Intangible Assets53.6M48.9M44.0M42.9M41.9M40.4M
Property Plant Equipment157.8M151.2M155.3M150.2M172.8M118.4M
Other Liab12.3M6.8M11.9M10.9M12.6M7.7M
Net Tangible Assets(64.1M)(73.0M)(47.3M)(35.3M)(31.8M)(30.2M)
Non Current Assets Total333.7M301.2M298.4M291.1M279.6M251.8M
Non Currrent Assets Other8.1M15.8M633.6K343.9K322.7K306.6K
Non Current Liabilities Total21.6M10.7M23.7M19.5M24.5M16.3M
Deferred Long Term Liab3.2M2.3M3.0M2.5M2.2M3.0M
Short Long Term Debt493.6M264.5M213.3M218.1M250.0M283.3M
Total Current Assets1.4B1.3B1.3B1.3B1.6B1.2B
Net Invested Capital585.7M333.8M295.1M310.1M787.6M416.3M
Net Working Capital(25.2M)(1.7M)56.6M120.9M636.5M668.4M

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Other Information on Investing in Gifore Stock

Balance Sheet is a snapshot of the financial position of Gifore Agricultural at a specified time, usually calculated after every quarter, six months, or one year. Gifore Agricultural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gifore Agricultural 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 Gifore currently owns. An asset can also be divided into two categories, current and non-current.