Generic Short Term Debt vs Common Stock Shares Outstanding Analysis

GENCON Stock   48.88  3.10  6.77%   
Generic Engineering financial indicator trend analysis is much more than just examining Generic Engineering latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generic Engineering is a good investment. Please check the relationship between Generic Engineering Short Term Debt and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generic Engineering Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generic Engineering Short Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Generic Engineering's Short Term Debt and Common Stock Shares Outstanding is 0.87. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Generic Engineering Construction, assuming nothing else is changed. The correlation between historical values of Generic Engineering's Short Term Debt and Common Stock Shares Outstanding 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 Term Debt of Generic Engineering Construction are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., Generic Engineering's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Generic Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generic Engineering 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 Generic Engineering Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Selling General Administrative is expected to grow to about 31.4 M, whereas Tax Provision is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit472.1M627.2M272.4M303.0M
Total Revenue2.6B2.7B2.9B1.7B

Generic Engineering fundamental ratios Correlations

0.97-0.860.880.990.940.710.910.180.970.440.440.990.630.960.490.890.890.910.960.550.740.950.450.910.23
0.97-0.790.850.950.980.830.91-0.020.970.520.280.940.670.990.370.850.870.860.90.580.690.910.440.970.14
-0.86-0.79-0.98-0.84-0.73-0.64-0.93-0.29-0.77-0.12-0.38-0.85-0.39-0.78-0.8-0.98-0.97-0.98-0.84-0.43-0.96-0.79-0.74-0.78-0.07
0.880.85-0.980.850.810.770.980.130.820.240.280.850.480.850.720.981.00.990.830.470.950.820.730.850.01
0.990.95-0.840.850.940.690.90.210.980.460.491.00.660.950.470.890.870.90.970.560.710.960.40.880.29
0.940.98-0.730.810.940.840.9-0.070.980.570.280.920.740.980.290.80.830.830.860.60.640.930.360.950.17
0.710.83-0.640.770.690.840.84-0.490.770.47-0.160.660.620.820.350.710.780.730.590.580.660.710.560.90.02
0.910.91-0.930.980.90.90.840.030.890.350.280.90.60.90.630.970.980.980.850.570.90.890.670.910.09
0.18-0.02-0.290.130.21-0.07-0.490.030.07-0.230.760.25-0.1-0.010.240.220.120.210.34-0.190.150.14-0.08-0.180.11
0.970.97-0.770.820.980.980.770.890.070.530.370.960.770.960.360.840.840.860.940.540.640.970.310.90.29
0.440.52-0.120.240.460.570.470.35-0.230.530.290.430.310.6-0.280.180.250.260.450.50.020.38-0.010.460.03
0.440.28-0.380.280.490.28-0.160.280.760.370.290.540.070.340.140.350.280.380.570.410.190.360.090.140.14
0.990.94-0.850.851.00.920.660.90.250.960.430.540.630.930.480.890.870.90.960.590.710.950.420.870.29
0.630.67-0.390.480.660.740.620.6-0.10.770.310.070.630.620.110.530.520.520.620.310.290.8-0.10.570.41
0.960.99-0.780.850.950.980.820.9-0.010.960.60.340.930.620.340.830.860.860.890.630.690.890.460.960.08
0.490.37-0.80.720.470.290.350.630.240.36-0.280.140.480.110.340.730.70.710.490.180.820.450.720.390.12
0.890.85-0.980.980.890.80.710.970.220.840.180.350.890.530.830.730.990.990.870.460.930.870.670.830.15
0.890.87-0.971.00.870.830.780.980.120.840.250.280.870.520.860.70.990.990.840.480.950.840.710.860.03
0.910.86-0.980.990.90.830.730.980.210.860.260.380.90.520.860.710.990.990.880.510.930.870.680.840.11
0.960.9-0.840.830.970.860.590.850.340.940.450.570.960.620.890.490.870.840.880.510.670.910.360.790.32
0.550.58-0.430.470.560.60.580.57-0.190.540.50.410.590.310.630.180.460.480.510.510.350.450.530.63-0.03
0.740.69-0.960.950.710.640.660.90.150.640.020.190.710.290.690.820.930.950.930.670.350.670.830.74-0.1
0.950.91-0.790.820.960.930.710.890.140.970.380.360.950.80.890.450.870.840.870.910.450.670.290.840.43
0.450.44-0.740.730.40.360.560.67-0.080.31-0.010.090.42-0.10.460.720.670.710.680.360.530.830.290.58-0.34
0.910.97-0.780.850.880.950.90.91-0.180.90.460.140.870.570.960.390.830.860.840.790.630.740.840.580.05
0.230.14-0.070.010.290.170.020.090.110.290.030.140.290.410.080.120.150.030.110.32-0.03-0.10.43-0.340.05
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Generic Engineering Account Relationship Matchups

Generic Engineering fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.2B3.9B4.6B2.4B
Short Long Term Debt Total405.8M470.9M521.7M592.3M681.2M342.0M
Other Current Liab(309.6M)(291.4M)(351.6M)(518.1M)(923.6M)(877.4M)
Total Current Liabilities748.9M781.4M1.1B1.3B2.0B2.1B
Total Stockholder Equity1.8B1.8B2.0B2.5B2.6B1.5B
Property Plant And Equipment Net466.4M566.1M685.6M730.2M669.4M373.2M
Net Debt393.5M426.5M519.1M548.9M570.5M599.1M
Retained Earnings408.9M434.6M573.8M727.0M836.0M877.8M
Cash12.2M44.4M2.6M43.4M110.7M94.2M
Non Current Assets Total1.0B1.1B1.3B1.3B1.2B817.5M
Non Currrent Assets Other384.3M28.1M622.2M793.7M1K950.0
Cash And Short Term Investments94.7M82.4M48.2M582.4M110.7M105.2M
Common Stock Shares Outstanding41.2M42.1M42.2M58.5M58.1M38.5M
Liabilities And Stockholders Equity2.6B2.7B3.2B3.9B4.6B2.4B
Non Current Liabilities Total57.9M123.2M86.7M46.5M27.5M51.8M
Inventory440.3M492.3M680.9M839.3M799.6M411.5M
Other Current Assets1K922.4M(1K)106.1M1.1B1.1B
Total Liab806.8M904.6M1.2B1.3B2.0B2.1B
Total Current Assets1.6B1.6B1.9B2.6B3.4B3.6B
Common Stock181.8M201.7M210.7M265.2M265.2M199.3M
Current Deferred Revenue35.3M79.5M10.5M187.1M67.7M61.5M
Accounts Payable309.6M291.4M499.2M524.2M1.1B1.1B
Other Assets384.3M401.0M404.5M368.2M423.5M319.1M
Short Term Investments82.5M38.0M45.7M538.9M747.2M784.5M
Short Term Debt403.9M410.6M443.6M555.1M658.2M396.8M
Other Liab56.0M25.4M8.7M9.3M8.3M7.9M
Net Tangible Assets1.6B1.6B1.8B2.3B2.7B1.8B
Net Receivables1.0B992.7M1.2B1.1B1.4B1.1B
Intangible Assets147.3K54.3K20K7K6.3K6.0K
Property Plant Equipment466.2M566.0M683.9M730.2M839.7M497.1M
Long Term Debt1.9M60.3M78.1M37.2M18.5M36.2M
Net Invested Capital2.2B2.3B2.5B3.1B3.3B2.8B
Short Long Term Debt403.9M410.6M426.3M555.1M658.2M475.9M
Net Working Capital806.7M786.0M803.2M1.3B1.4B1.1B

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Other Information on Investing in Generic Stock

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