GGG Ptb Ratio vs Invested Capital 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 Ptb Ratio and its Invested Capital 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.

Ptb Ratio vs Invested Capital

Ptb Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G6 Materials Corp Ptb Ratio account and Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between G6 Materials' Ptb Ratio and Invested Capital is -0.25. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested Capital 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' Ptb Ratio and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of G6 Materials Corp are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Ptb Ratio i.e., G6 Materials' Ptb Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to G6 Materials Corp. There are two different methods for calculating G6 Materials Corp invested capital: operating approach and financing approach. Understanding G6 Materials invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for GGG Stock Analysis

When running G6 Materials' price analysis, check to measure G6 Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy G6 Materials is operating at the current time. Most of G6 Materials' value examination focuses on studying past and present price action to predict the probability of G6 Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G6 Materials' price. Additionally, you may evaluate how the addition of G6 Materials to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC