GRIPM Short Long Term Debt Total vs Intangible Assets Analysis

688456 Stock   34.68  0.27  0.77%   
GRIPM Advanced financial indicator trend analysis is much more than just examining GRIPM Advanced Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GRIPM Advanced Materials is a good investment. Please check the relationship between GRIPM Advanced Short Long Term Debt Total and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GRIPM Advanced Materials. 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.

Short Long Term Debt Total vs Intangible Assets

Short Long Term Debt Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GRIPM Advanced Materials Short Long Term Debt Total account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GRIPM Advanced's Short Long Term Debt Total and Intangible Assets is 0.5. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of GRIPM Advanced Materials, assuming nothing else is changed. The correlation between historical values of GRIPM Advanced's Short Long Term Debt Total and Intangible 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 Short Long Term Debt Total of GRIPM Advanced Materials are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Long Term Debt Total i.e., GRIPM Advanced's Short Long Term Debt Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from GRIPM Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GRIPM Advanced Materials 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 GRIPM Advanced Materials. 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.
The current year's Selling General Administrative is expected to grow to about 34 M. The current year's Tax Provision is expected to grow to about 5.2 M
 2021 2022 2023 2024 (projected)
Interest Expense2.0M3.9M5.0M3.1M
Depreciation And Amortization35.1M40.2M46.3M29.4M

GRIPM Advanced fundamental ratios Correlations

0.83-0.40.970.990.96-0.920.770.980.960.970.60.96-0.480.990.460.890.97-0.80.970.980.990.760.870.96-0.48
0.83-0.530.820.790.85-0.660.810.730.810.790.320.79-0.390.860.260.740.91-0.390.750.830.830.990.50.74-0.39
-0.4-0.53-0.35-0.39-0.460.2-0.43-0.37-0.25-0.40.22-0.270.7-0.440.0-0.18-0.56-0.04-0.36-0.34-0.39-0.59-0.29-0.370.7
0.970.82-0.350.950.97-0.90.80.940.940.960.580.94-0.520.950.420.870.94-0.80.921.00.960.750.790.91-0.52
0.990.79-0.390.950.95-0.930.710.980.960.960.630.96-0.450.990.470.90.95-0.830.980.950.990.720.910.98-0.45
0.960.85-0.460.970.95-0.90.750.910.940.990.60.88-0.550.950.240.90.95-0.770.940.970.930.80.820.93-0.55
-0.92-0.660.2-0.9-0.93-0.9-0.57-0.87-0.97-0.94-0.85-0.880.51-0.91-0.29-0.97-0.820.92-0.93-0.92-0.9-0.56-0.88-0.920.51
0.770.81-0.430.80.710.75-0.570.750.680.690.180.7-0.380.780.330.560.85-0.410.60.780.80.820.450.57-0.38
0.980.73-0.370.940.980.91-0.870.750.890.920.520.95-0.430.950.570.80.94-0.820.950.940.980.660.90.94-0.43
0.960.81-0.250.940.960.94-0.970.680.890.950.770.93-0.430.960.330.980.9-0.840.940.950.940.730.830.94-0.43
0.970.79-0.40.960.960.99-0.940.690.920.950.680.89-0.530.950.260.930.92-0.840.960.960.930.730.890.96-0.53
0.60.320.220.580.630.6-0.850.180.520.770.680.57-0.240.590.00.860.42-0.850.660.620.560.210.680.66-0.24
0.960.79-0.270.940.960.88-0.880.70.950.930.890.57-0.360.950.640.850.91-0.780.940.940.970.710.810.93-0.36
-0.48-0.390.7-0.52-0.45-0.550.51-0.38-0.43-0.43-0.53-0.24-0.36-0.490.07-0.42-0.50.34-0.42-0.52-0.44-0.37-0.4-0.441.0
0.990.86-0.440.950.990.95-0.910.780.950.960.950.590.95-0.490.430.90.97-0.760.950.960.990.80.850.94-0.49
0.460.260.00.420.470.24-0.290.330.570.330.260.00.640.070.430.180.42-0.330.440.40.530.190.390.430.07
0.890.74-0.180.870.90.9-0.970.560.80.980.930.860.85-0.420.90.180.81-0.850.90.90.860.650.810.9-0.42
0.970.91-0.560.940.950.95-0.820.850.940.90.920.420.91-0.50.970.420.81-0.640.910.940.970.880.770.9-0.5
-0.8-0.39-0.04-0.8-0.83-0.770.92-0.41-0.82-0.84-0.84-0.85-0.780.34-0.76-0.33-0.85-0.64-0.85-0.81-0.77-0.27-0.9-0.850.34
0.970.75-0.360.920.980.94-0.930.60.950.940.960.660.94-0.420.950.440.90.91-0.850.930.950.670.941.0-0.42
0.980.83-0.341.00.950.97-0.920.780.940.950.960.620.94-0.520.960.40.90.94-0.810.930.960.750.810.92-0.52
0.990.83-0.390.960.990.93-0.90.80.980.940.930.560.97-0.440.990.530.860.97-0.770.950.960.760.850.93-0.44
0.760.99-0.590.750.720.8-0.560.820.660.730.730.210.71-0.370.80.190.650.88-0.270.670.750.760.420.65-0.37
0.870.5-0.290.790.910.82-0.880.450.90.830.890.680.81-0.40.850.390.810.77-0.90.940.810.850.420.94-0.4
0.960.74-0.370.910.980.93-0.920.570.940.940.960.660.93-0.440.940.430.90.9-0.851.00.920.930.650.94-0.44
-0.48-0.390.7-0.52-0.45-0.550.51-0.38-0.43-0.43-0.53-0.24-0.361.0-0.490.07-0.42-0.50.34-0.42-0.52-0.44-0.37-0.4-0.44
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GRIPM Advanced Account Relationship Matchups

GRIPM Advanced fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets904.2M994.1M1.4B1.5B1.6B1.2B
Short Long Term Debt Total50.7M35.7M82.4M106.9M122.9M69.3M
Other Current Liab122.6M72.8M57.3M49.3M895.8K851.0K
Total Current Liabilities241.2M233.0M310.8M292.8M375.2M278.1M
Total Stockholder Equity638.0M746.2M1.1B1.1B1.2B888.3M
Property Plant And Equipment Net211.6M222.2M257.8M310.6M407.7M268.0M
Net Debt(112.2M)(69.4M)(98.5M)(140.3M)(126.2M)(119.9M)
Retained Earnings162.4M262.3M327.2M355.0M388.3M289.2M
Accounts Payable77.9M124.4M181.7M145.3M172.3M127.6M
Cash162.8M105.1M180.9M247.2M230.0M162.9M
Non Current Assets Total294.1M310.4M336.5M407.6M502.1M350.9M
Non Currrent Assets Other34.5M18.0M11.4M28.9M15.3M19.3M
Cash And Short Term Investments163.1M105.6M337.9M252.5M290.4M177.8M
Common Stock Shares Outstanding70.8M73.8M96.7M104.6M103.7M90.1M
Liabilities And Stockholders Equity904.2M994.1M1.4B1.5B1.7B1.1B
Non Current Liabilities Total25.0M14.9M18.7M31.7M28.0M21.6M
Inventory109.4M137.5M201.8M211.9M242.1M177.3M
Other Current Assets11.7M17.1M69.0M78.4M90.1M97.7M
Other Stockholder Equity401.9M410.3M660.8M662.8M762.2M473.0M
Total Liab266.2M247.8M329.5M324.5M403.2M299.7M
Total Current Assets610.1M683.7M1.1B1.0B1.1B853.5M
Short Term Debt40.7M35.7M71.8M98.2M113.0M64.0M
Intangible Assets43.0M64.7M61.6M61.2M59.5M55.4M

Currently Active Assets on Macroaxis

Other Information on Investing in GRIPM Stock

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