GGG Net Debt vs Short Long Term Debt Analysis

GGG Stock

CAD 0.04 0.01 33.33%

G6 Materials financial indicator trend analysis is much more than just examining G6 Materials Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G6 Materials Corp is a good investment. Please check the relationship between G6 Materials Net Debt and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G6 Materials Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Short Long Term Debt

Net Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G6 Materials Corp Net Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between G6 Materials' Net Debt and Short Long Term Debt is 0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of G6 Materials Corp, assuming nothing else is changed. The correlation between historical values of G6 Materials' Net Debt and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of G6 Materials Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Debt i.e., G6 Materials' Net Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from G6 Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into G6 Materials Corp 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 G6 Materials Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Issuance Of Capital Stock is likely to climb to about 5.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.

G6 Materials fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Net Tangible Assets	Accounts Payable	Other Current Assets	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment	Inventory	Other Current Liab	Other Liab
Total Assets		0.25	0.99	0.27	-0.95	-0.53	0.96	0.32	-0.21	0.96	-0.08	0.56	0.37	0.99	0.46	0.05	0.99	0.34	0.75	-0.57	-0.36	0.59	0.54	0.58	0.05	-0.58
Total Current Liabilities	0.25		0.16	-0.19	-0.04	-0.85	0.11	0.16	-0.19	0.11	0.16	0.66	0.93	0.23	0.91	-0.75	0.23	0.82	0.45	-0.69	-0.49	0.85	0.36	0.57	0.84	-0.78
Total Stockholder Equity	0.99	0.16		0.28	-0.97	-0.46	0.97	0.28	-0.2	0.97	-0.1	0.49	0.27	0.99	0.39	0.12	0.99	0.25	0.72	-0.5	-0.3	0.53	0.48	0.54	-0.02	-0.52
Property Plant And Equipment Net	0.27	-0.19	0.28		-0.17	-0.07	0.17	0.71	0.31	0.17	-0.34	0.27	0.03	0.18	0.01	-0.05	0.21	0.03	0.19	-0.09	-0.37	0.08	0.51	0.11	-0.07	0.11
Net Debt	-0.95	-0.04	-0.97	-0.17		0.3	-0.99	-0.12	0.2	-0.99	0.14	-0.33	-0.14	-0.97	-0.23	-0.32	-0.95	-0.11	-0.57	0.35	0.17	-0.38	-0.32	-0.35	0.09	0.4
Retained Earnings	-0.53	-0.85	-0.46	-0.07	0.3		-0.34	-0.34	0.29	-0.34	-0.14	-0.89	-0.82	-0.51	-0.96	0.77	-0.51	-0.87	-0.77	0.87	0.63	-0.97	-0.57	-0.86	-0.66	0.89
Cash	0.96	0.11	0.97	0.17	-0.99	-0.34		0.13	-0.19	1.0	-0.13	0.34	0.21	0.97	0.29	0.27	0.97	0.13	0.58	-0.36	-0.19	0.43	0.34	0.37	-0.02	-0.43
Non Current Assets Total	0.32	0.16	0.28	0.71	-0.12	-0.34	0.13		0.12	0.13	-0.17	0.59	0.44	0.19	0.2	-0.3	0.23	0.48	0.26	-0.54	-0.56	0.26	0.81	0.29	-0.06	-0.23
Non Currrent Assets Other	-0.21	-0.19	-0.2	0.31	0.2	0.29	-0.19	0.12		-0.19	0.23	-0.18	-0.11	-0.23	-0.25	0.06	-0.22	-0.24	-0.24	0.25	-0.11	-0.29	0.09	-0.29	-0.15	0.43
Cash And Short Term Investments	0.96	0.11	0.97	0.17	-0.99	-0.34	1.0	0.13	-0.19		-0.13	0.34	0.21	0.97	0.29	0.27	0.97	0.13	0.58	-0.36	-0.19	0.43	0.34	0.37	-0.02	-0.43
Net Receivables	-0.08	0.16	-0.1	-0.34	0.14	-0.14	-0.13	-0.17	0.23	-0.13		0.07	0.14	-0.06	0.17	-0.28	-0.01	0.1	0.1	-0.16	-0.36	0.12	0.21	0.15	-0.03	-0.03
Other Stockholder Equity	0.56	0.66	0.49	0.27	-0.33	-0.89	0.34	0.59	-0.18	0.34	0.07		0.74	0.5	0.77	-0.66	0.5	0.93	0.7	-0.94	-0.71	0.81	0.72	0.78	0.42	-0.8
Total Liab	0.37	0.93	0.27	0.03	-0.14	-0.82	0.21	0.44	-0.11	0.21	0.14	0.74		0.32	0.84	-0.69	0.33	0.85	0.48	-0.74	-0.65	0.81	0.62	0.55	0.72	-0.71
Total Current Assets	0.99	0.23	0.99	0.18	-0.97	-0.51	0.97	0.19	-0.23	0.97	-0.06	0.5	0.32		0.44	0.09	0.99	0.29	0.74	-0.51	-0.3	0.58	0.44	0.56	0.06	-0.56
Common Stock Shares Outstanding	0.46	0.91	0.39	0.01	-0.23	-0.96	0.29	0.2	-0.25	0.29	0.17	0.77	0.84	0.44		-0.78	0.45	0.8	0.7	-0.76	-0.58	0.98	0.48	0.78	0.79	-0.85
Short Long Term Debt Total	0.05	-0.75	0.12	-0.05	-0.32	0.77	0.27	-0.3	0.06	0.27	-0.28	-0.66	-0.69	0.09	-0.78		0.06	-0.74	-0.43	0.63	0.67	-0.71	-0.48	-0.59	-0.7	0.53
Net Tangible Assets	0.99	0.23	0.99	0.21	-0.95	-0.51	0.97	0.23	-0.22	0.97	-0.01	0.5	0.33	0.99	0.45	0.06		0.28	0.74	-0.53	-0.34	0.59	0.49	0.56	0.04	-0.55
Accounts Payable	0.34	0.82	0.25	0.03	-0.11	-0.87	0.13	0.48	-0.24	0.13	0.1	0.93	0.85	0.29	0.8	-0.74	0.28		0.5	-0.92	-0.64	0.78	0.59	0.65	0.57	-0.83
Other Current Assets	0.75	0.45	0.72	0.19	-0.57	-0.77	0.58	0.26	-0.24	0.58	0.1	0.7	0.48	0.74	0.7	-0.43	0.74	0.5		-0.65	-0.49	0.79	0.53	0.91	0.3	-0.64
Short Long Term Debt	-0.57	-0.69	-0.5	-0.09	0.35	0.87	-0.36	-0.54	0.25	-0.36	-0.16	-0.94	-0.74	-0.51	-0.76	0.63	-0.53	-0.92	-0.65		0.68	-0.79	-0.7	-0.72	-0.34	0.86
Short Term Debt	-0.36	-0.49	-0.3	-0.37	0.17	0.63	-0.19	-0.56	-0.11	-0.19	-0.36	-0.71	-0.65	-0.3	-0.58	0.67	-0.34	-0.64	-0.49	0.68		-0.59	-0.87	-0.42	-0.41	0.34
Common Stock	0.59	0.85	0.53	0.08	-0.38	-0.97	0.43	0.26	-0.29	0.43	0.12	0.81	0.81	0.58	0.98	-0.71	0.59	0.78	0.79	-0.79	-0.59		0.54	0.84	0.7	-0.87
Property Plant Equipment	0.54	0.36	0.48	0.51	-0.32	-0.57	0.34	0.81	0.09	0.34	0.21	0.72	0.62	0.44	0.48	-0.48	0.49	0.59	0.53	-0.7	-0.87	0.54		0.49	0.14	-0.36
Inventory	0.58	0.57	0.54	0.11	-0.35	-0.86	0.37	0.29	-0.29	0.37	0.15	0.78	0.55	0.56	0.78	-0.59	0.56	0.65	0.91	-0.72	-0.42	0.84	0.49		0.35	-0.75
Other Current Liab	0.05	0.84	-0.02	-0.07	0.09	-0.66	-0.02	-0.06	-0.15	-0.02	-0.03	0.42	0.72	0.06	0.79	-0.7	0.04	0.57	0.3	-0.34	-0.41	0.7	0.14	0.35		-0.5
Other Liab	-0.58	-0.78	-0.52	0.11	0.4	0.89	-0.43	-0.23	0.43	-0.43	-0.03	-0.8	-0.71	-0.56	-0.85	0.53	-0.55	-0.83	-0.64	0.86	0.34	-0.87	-0.36	-0.75	-0.5

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G6 Materials Account Relationship Matchups

G6 Materials fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2M	5.9M	3.8M	1.4M	1.7M	1.6M
Total Current Liabilities	449.1K	237.7K	262.0K	469.5K	540.0K	567.0K
Total Stockholder Equity	716.6K	5.5M	3.5M	971.5K	1.1M	1.4M
Property Plant And Equipment Net	119.5K	262.1K	227.2K	171.5K	197.2K	226.7K
Net Debt	(422.8K)	(4.6M)	(2.0M)	(329.8K)	(296.8K)	(311.7K)
Retained Earnings	(10.4M)	(11.5M)	(16.2M)	(18.9M)	(17.1M)	(16.2M)
Cash	561.7K	4.9M	2.1M	390.4K	449.0K	827.7K
Non Current Assets Total	381.3K	480.3K	401.7K	302.4K	347.7K	418.9K
Cash And Short Term Investments	561.7K	4.9M	2.1M	390.4K	449.0K	827.7K
Net Receivables	8.6K	24.9K	51.7K	55.3K	63.6K	43.1K
Liabilities And Stockholders Equity	1.2M	5.9M	3.8M	1.4M	1.7M	1.6M
Total Liab	449.1K	387.4K	262.0K	469.5K	540.0K	567.0K
Total Current Assets	784.4K	5.4M	3.4M	1.1M	1.3M	1.2M
Common Stock Shares Outstanding	8.2M	10.3M	12.8M	16.4M	18.8M	19.8M
Net Tangible Assets	454.8K	5.3M	3.3M	840.6K	966.6K	1.4M
Accounts Payable	214.8K	137.6K	135.6K	215.8K	248.1K	154.9K
Other Current Assets	(1.0)	141.7K	219.1K	118.6K	136.4K	82.6K
Common Stock	7.4M	8.3M	13.8M	16.5M	19.0M	19.9M
Property Plant Equipment	119.5K	262.1K	227.2K	171.5K	197.2K	219.7K
Inventory	162.1K	386.9K	970.0K	574.3K	660.5K	417.9K
Accumulated Other Comprehensive Income	(82.8K)	108.4K	(94.0K)	(164.4K)	(147.9K)	(140.5K)
Other Current Liab	310.2K	150.2K	148.4K	408.9K	470.2K	493.8K
Intangible Assets	261.8K	218.2K	174.5K	130.9K	117.8K	226.9K
Net Invested Capital	799.9K	5.5M	3.5M	971.5K	1.1M	2.1M
Net Working Capital	335.3K	5.2M	3.1M	669.1K	769.4K	731.0K

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