Great Cash And Short Term Investments vs Cash Analysis
| GR Stock | CAD 0.06 0.00 0.00% |
Great Atlantic financial indicator trend analysis is much more than just examining Great Atlantic Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Atlantic Resources is a good investment. Please check the relationship between Great Atlantic Cash And Short Term Investments and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Atlantic Resources. 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.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Atlantic Resources Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Great Atlantic's Cash And Short Term Investments and Cash is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Great Atlantic Resources, assuming nothing else is changed. The correlation between historical values of Great Atlantic's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Great Atlantic Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Great Atlantic's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Great Atlantic Resources balance sheet. This account contains Great Atlantic investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Great Atlantic Resources 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.Cash
Cash refers to the most liquid asset of Great Atlantic Resources, which is listed under current asset account on Great Atlantic Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Great Atlantic customers. The amounts must be unrestricted with restricted cash listed in a different Great Atlantic account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Great Atlantic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Atlantic Resources 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 Atlantic Resources. 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. At this time, Great Atlantic's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 421.6 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 166.9K | 250.0K | 229.8K | 241.3K | Income Tax Expense | 670.4K | 271.6K | 3.0 | 2.85 |
Great Atlantic fundamental ratios Correlations
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Great Atlantic Account Relationship Matchups
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When running Great Atlantic's price analysis, check to measure Great Atlantic's 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 Great Atlantic is operating at the current time. Most of Great Atlantic's value examination focuses on studying past and present price action to predict the probability of Great Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Atlantic's price. Additionally, you may evaluate how the addition of Great Atlantic to your portfolios can decrease your overall portfolio volatility.