Great Total Current Liabilities vs Cash And Short Term Investments Analysis

GECC Stock  USD 10.43  0.03  0.29%   
Great Elm financial indicator trend analysis is much more than just examining Great Elm Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Elm Capital is a good investment. Please check the relationship between Great Elm Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Elm Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Elm Capital Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Great Elm's Total Current Liabilities and Cash And Short Term Investments is 0.12. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Great Elm Capital, assuming nothing else is changed. The correlation between historical values of Great Elm's Total Current Liabilities and Cash And Short 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 Total Current Liabilities of Great Elm Capital are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Great Elm's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Great Elm balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Great Elm Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Great Elm Capital balance sheet. This account contains Great Elm investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Great Elm Capital 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.
Most indicators from Great Elm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Elm Capital 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 Great Elm Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Discontinued Operations is expected to grow to about 22.8 M, whereas Selling General Administrative is forecasted to decline to about 3.7 M.
 2021 2022 2023 2024 (projected)
Interest Income19.9M18.7M27.2M23.6M
Net Interest Income9.5M8.0M15.6M11.9M

Great Elm fundamental ratios Correlations

0.68-0.790.840.290.680.340.86-0.240.97-0.99-0.010.160.38-0.080.380.820.850.95-0.01-0.260.84-0.280.280.760.81
0.68-0.440.43-0.070.810.210.45-0.370.71-0.69-0.15-0.140.05-0.180.60.90.670.74-0.24-0.290.89-0.52-0.090.760.46
-0.79-0.44-0.980.13-0.47-0.2-0.980.29-0.820.760.32-0.04-0.10.220.03-0.57-0.45-0.870.070.3-0.560.140.05-0.38-0.97
0.840.43-0.98-0.020.430.190.99-0.180.84-0.81-0.170.120.2-0.21-0.020.570.50.880.02-0.330.57-0.090.060.40.98
0.29-0.070.13-0.02-0.190.230.040.20.16-0.280.630.460.780.180.1-0.060.52-0.030.380.310.00.350.970.07-0.08
0.680.81-0.470.43-0.190.20.44-0.630.77-0.71-0.41-0.33-0.07-0.240.730.870.610.77-0.43-0.360.86-0.64-0.290.880.44
0.340.21-0.20.190.230.20.17-0.280.26-0.280.080.160.230.290.190.280.330.27-0.330.40.26-0.120.260.210.11
0.860.45-0.980.990.040.440.17-0.20.87-0.83-0.170.130.22-0.170.010.570.550.880.03-0.260.59-0.120.120.420.98
-0.24-0.370.29-0.180.2-0.63-0.28-0.2-0.40.240.590.460.110.28-0.39-0.36-0.26-0.320.55-0.01-0.370.360.21-0.34-0.19
0.970.71-0.820.840.160.770.260.87-0.4-0.97-0.18-0.020.26-0.180.410.830.80.96-0.14-0.30.84-0.330.140.760.83
-0.99-0.690.76-0.81-0.28-0.71-0.28-0.830.24-0.970.0-0.1-0.350.1-0.42-0.81-0.83-0.940.040.32-0.830.28-0.25-0.79-0.79
-0.01-0.150.32-0.170.63-0.410.08-0.170.59-0.180.00.250.40.04-0.06-0.190.0-0.220.240.11-0.170.460.64-0.16-0.2
0.16-0.14-0.040.120.46-0.330.160.130.46-0.02-0.10.250.750.31-0.27-0.050.310.020.870.13-0.020.010.52-0.050.08
0.380.05-0.10.20.78-0.070.230.220.110.26-0.350.40.75-0.08-0.010.060.560.140.650.050.10.160.790.090.12
-0.08-0.180.22-0.210.18-0.240.29-0.170.28-0.180.10.040.31-0.080.03-0.120.03-0.140.110.65-0.08-0.270.190.05-0.2
0.380.60.03-0.020.10.730.190.01-0.390.41-0.42-0.06-0.27-0.010.030.590.540.37-0.36-0.050.6-0.52-0.070.77-0.01
0.820.9-0.570.57-0.060.870.280.57-0.360.83-0.81-0.19-0.050.06-0.120.590.740.87-0.21-0.350.99-0.59-0.110.890.59
0.850.67-0.450.50.520.610.330.55-0.260.8-0.830.00.310.560.030.540.740.710.15-0.110.79-0.290.470.760.48
0.950.74-0.870.88-0.030.770.270.88-0.320.96-0.94-0.220.020.14-0.140.370.870.71-0.13-0.370.87-0.41-0.030.770.87
-0.01-0.240.070.020.38-0.43-0.330.030.55-0.140.040.240.870.650.11-0.36-0.210.15-0.13-0.06-0.170.110.43-0.170.01
-0.26-0.290.3-0.330.31-0.360.4-0.26-0.01-0.30.320.110.130.050.65-0.05-0.35-0.11-0.37-0.06-0.32-0.120.34-0.31-0.33
0.840.89-0.560.570.00.860.260.59-0.370.84-0.83-0.17-0.020.1-0.080.60.990.790.87-0.17-0.32-0.6-0.040.910.6
-0.28-0.520.14-0.090.35-0.64-0.12-0.120.36-0.330.280.460.010.16-0.27-0.52-0.59-0.29-0.410.11-0.12-0.60.41-0.62-0.14
0.28-0.090.050.060.97-0.290.260.120.210.14-0.250.640.520.790.19-0.07-0.110.47-0.030.430.34-0.040.41-0.040.01
0.760.76-0.380.40.070.880.210.42-0.340.76-0.79-0.16-0.050.090.050.770.890.760.77-0.17-0.310.91-0.62-0.040.42
0.810.46-0.970.98-0.080.440.110.98-0.190.83-0.79-0.20.080.12-0.2-0.010.590.480.870.01-0.330.6-0.140.010.42
Click cells to compare fundamentals

Great Elm Account Relationship Matchups

Great Elm fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.0M283.3M426.3M310.1M246.8M229.2M
Short Long Term Debt Total119.8M115.7M142.0M296.3M140.2M88.6M
Other Current Liab(74.4M)(65.6M)(197.7M)(70.1M)(4.1M)(4.3M)
Total Current Liabilities74.4M77.8M203.6M70.1M12.2M11.6M
Total Stockholder Equity86.9M79.6M74.6M84.8M98.7M97.6M
Net Debt115.2M63.1M132.9M152.6M139.3M146.2M
Retained Earnings(106.3M)(151.1M)(171.0M)(199.4M)(185.1M)(194.4M)
Accounts Payable74.4M65.6M197.7M70.1M4.1M3.9M
Cash4.6M52.6M9.1M587K953K905.4K
Non Current Assets Total283.3M226.6M412.1M301.1M241.4M217.0M
Non Currrent Assets Other(291.0M)(283.3M)(426.3M)(310.1M)(241.4M)(253.5M)
Other Assets89K840K768K3.5M470K446.5K
Cash And Short Term Investments4.6M52.6M9.1M587K953K905.4K
Net Receivables3.0M3.3M4.3M4.9M4.0M4.9M
Common Stock Shares Outstanding1.7M2.2M4.1M6.3M7.6M8.0M
Liabilities And Stockholders Equity291.0M283.3M426.3M310.1M246.8M239.5M
Non Current Liabilities Total119.8M115.7M142.0M153.2M140.2M77.3M
Other Stockholder Equity193.1M230.7M245.5M284.1M283.8M197.2M
Total Liab204.2M203.7M351.8M225.3M148.1M131.6M
Total Current Assets7.6M55.8M13.4M5.5M4.9M4.7M
Accumulated Other Comprehensive Income(88.2M)0.079.6M74.6M98.7M103.7M
Common Stock101K38K45K76K68.4K78.5K
Short Term Debt119.8M115.7M142.0M153.2M140.2M73.2M
Net Tangible Assets86.9M79.6M74.6M84.8M76.3M78.6M
Long Term Debt31.2M76.3M119.8M143.2M164.6M172.9M
Short Term Investments85.7M75.0M200.0M76.1M10.8M10.3M
Long Term Investments283.3M226.6M412.1M301.1M241.4M234.8M
Long Term Debt Total31.2M76.3M119.8M143.2M164.6M89.1M
Capital Surpluse198.4M198.2M193.1M284.1M326.7M240.5M
Net Invested Capital206.7M195.3M216.6M238.0M239.0M227.1M
Capital Stock101K230K45K76K68.4K84.7K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Great Elm Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Great Elm'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 Great Elm Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Great Elm Capital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Elm Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Asset Management & Custody Banks 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 Great Elm. If investors know Great 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 Great Elm 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
(0.67)
Dividend Share
1.4
Earnings Share
0.74
Revenue Per Share
4.352
Quarterly Revenue Growth
0.276
The market value of Great Elm Capital is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.