Great Net Debt vs Cash And Short Term Investments Analysis

GR Stock

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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 Net Debt 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 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.

Net Debt vs Cash And Short Term Investments

Net Debt 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 Atlantic Resources Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Great Atlantic's Net Debt and Cash And Short Term Investments is -0.94. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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 Net Debt 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 Net Debt of Great Atlantic Resources 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 Net Debt i.e., Great Atlantic's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

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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.

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.

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

Depreciation And Amortization Income Tax Expense

Great Atlantic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Inventory	Other Current Assets	Other Current Liab	Common Stock	Short Term Investments	Net Tangible Assets	Short Long Term Debt	Property Plant Equipment
Total Assets		-0.17	0.77	-0.6	-0.54	-0.27	0.75	0.77	0.74	0.55	0.39	0.94	-0.11	0.79	0.74	0.24	0.18	0.24	-0.16	0.7	-0.11	0.66	0.4	0.97	0.47	0.74
Total Current Liabilities	-0.17		-0.75	0.64	-0.65	0.95	-0.39	0.12	-0.42	-0.43	0.81	-0.06	0.99	-0.45	0.14	0.76	0.52	0.64	-0.2	-0.12	0.94	0.43	-0.4	-0.31	0.04	0.01
Total Stockholder Equity	0.77	-0.75		-0.82	0.06	-0.79	0.76	0.42	0.77	0.63	-0.27	0.65	-0.71	0.82	0.39	-0.35	-0.25	-0.25	0.01	0.57	-0.67	0.17	0.53	0.85	0.29	0.49
Net Debt	-0.6	0.64	-0.82		-0.09	0.76	-0.94	0.01	-0.94	-0.65	0.32	-0.47	0.63	-0.94	0.04	0.43	0.39	0.22	0.0	-0.38	0.49	-0.09	-0.6	-0.75	-0.26	-0.03
Retained Earnings	-0.54	-0.65	0.06	-0.09		-0.6	-0.21	-0.59	-0.21	-0.14	-0.87	-0.6	-0.7	-0.22	-0.58	-0.8	-0.42	-0.74	0.54	-0.25	-0.57	-0.89	-0.13	-0.41	-0.54	-0.5
Accounts Payable	-0.27	0.95	-0.79	0.76	-0.6		-0.55	0.13	-0.57	-0.5	0.71	-0.16	0.95	-0.59	0.15	0.72	0.48	0.52	-0.29	-0.26	0.8	0.35	-0.44	-0.45	-0.03	0.04
Cash	0.75	-0.39	0.76	-0.94	-0.21	-0.55		0.18	0.99	0.69	0.02	0.69	-0.37	0.98	0.14	-0.1	-0.11	0.06	-0.04	0.39	-0.25	0.36	0.56	0.86	0.4	0.17
Non Current Assets Total	0.77	0.12	0.42	0.01	-0.59	0.13	0.18		0.16	0.07	0.56	0.75	0.19	0.22	0.99	0.45	0.44	0.28	-0.14	0.64	0.05	0.67	-0.04	0.6	0.24	0.98
Cash And Short Term Investments	0.74	-0.42	0.77	-0.94	-0.21	-0.57	0.99	0.16		0.72	-0.01	0.68	-0.39	0.99	0.12	-0.1	-0.15	0.08	-0.08	0.38	-0.28	0.36	0.67	0.86	0.5	0.16
Net Receivables	0.55	-0.43	0.63	-0.65	-0.14	-0.5	0.69	0.07	0.72		-0.04	0.56	-0.39	0.77	0.02	0.0	-0.12	0.15	-0.16	0.09	-0.3	0.22	0.63	0.65	0.53	0.04
Common Stock Shares Outstanding	0.39	0.81	-0.27	0.32	-0.87	0.71	0.02	0.56	-0.01	-0.04		0.53	0.85	-0.01	0.56	0.94	0.76	0.81	-0.12	0.18	0.8	0.79	-0.15	0.23	0.37	0.44
Other Stockholder Equity	0.94	-0.06	0.65	-0.47	-0.6	-0.16	0.69	0.75	0.68	0.56	0.53		0.02	0.71	0.73	0.45	0.44	0.43	-0.03	0.5	0.01	0.76	0.39	0.88	0.58	0.72
Total Liab	-0.11	0.99	-0.71	0.63	-0.7	0.95	-0.37	0.19	-0.39	-0.39	0.85	0.02		-0.42	0.2	0.82	0.59	0.68	-0.19	-0.12	0.93	0.49	-0.39	-0.27	0.08	0.07
Total Current Assets	0.79	-0.45	0.82	-0.94	-0.22	-0.59	0.98	0.22	0.99	0.77	-0.01	0.71	-0.42		0.18	-0.12	-0.18	0.07	-0.11	0.46	-0.3	0.37	0.66	0.9	0.49	0.22
Property Plant And Equipment Net	0.74	0.14	0.39	0.04	-0.58	0.15	0.14	0.99	0.12	0.02	0.56	0.73	0.2	0.18		0.44	0.45	0.26	-0.12	0.64	0.06	0.65	-0.02	0.57	0.24	0.99
Short Long Term Debt Total	0.24	0.76	-0.35	0.43	-0.8	0.72	-0.1	0.45	-0.1	0.0	0.94	0.45	0.82	-0.12	0.44		0.81	0.85	-0.11	-0.1	0.73	0.71	-0.06	0.08	0.47	0.33
Non Current Liabilities Total	0.18	0.52	-0.25	0.39	-0.42	0.48	-0.11	0.44	-0.15	-0.12	0.76	0.44	0.59	-0.18	0.45	0.81		0.59	0.42	-0.12	0.56	0.48	-0.3	0.02	0.15	0.35
Short Term Debt	0.24	0.64	-0.25	0.22	-0.74	0.52	0.06	0.28	0.08	0.15	0.81	0.43	0.68	0.07	0.26	0.85	0.59		-0.11	0.02	0.7	0.78	0.14	0.2	0.66	0.17
Inventory	-0.16	-0.2	0.01	0.0	0.54	-0.29	-0.04	-0.14	-0.08	-0.16	-0.12	-0.03	-0.19	-0.11	-0.12	-0.11	0.42	-0.11		-0.03	0.02	-0.31	-0.19	-0.13	-0.23	-0.13
Other Current Assets	0.7	-0.12	0.57	-0.38	-0.25	-0.26	0.39	0.64	0.38	0.09	0.18	0.5	-0.12	0.46	0.64	-0.1	-0.12	0.02	-0.03		-0.04	0.38	0.15	0.69	0.14	0.65
Other Current Liab	-0.11	0.94	-0.67	0.49	-0.57	0.8	-0.25	0.05	-0.28	-0.3	0.8	0.01	0.93	-0.3	0.06	0.73	0.56	0.7	0.02	-0.04		0.41	-0.34	-0.21	0.09	-0.09
Common Stock	0.66	0.43	0.17	-0.09	-0.89	0.35	0.36	0.67	0.36	0.22	0.79	0.76	0.49	0.37	0.65	0.71	0.48	0.78	-0.31	0.38	0.41		0.21	0.58	0.62	0.62
Short Term Investments	0.4	-0.4	0.53	-0.6	-0.13	-0.44	0.56	-0.04	0.67	0.63	-0.15	0.39	-0.39	0.66	-0.02	-0.06	-0.3	0.14	-0.19	0.15	-0.34	0.21		0.54	0.79	0.03
Net Tangible Assets	0.97	-0.31	0.85	-0.75	-0.41	-0.45	0.86	0.6	0.86	0.65	0.23	0.88	-0.27	0.9	0.57	0.08	0.02	0.2	-0.13	0.69	-0.21	0.58	0.54		0.53	0.59
Short Long Term Debt	0.47	0.04	0.29	-0.26	-0.54	-0.03	0.4	0.24	0.5	0.53	0.37	0.58	0.08	0.49	0.24	0.47	0.15	0.66	-0.23	0.14	0.09	0.62	0.79	0.53		0.24
Property Plant Equipment	0.74	0.01	0.49	-0.03	-0.5	0.04	0.17	0.98	0.16	0.04	0.44	0.72	0.07	0.22	0.99	0.33	0.35	0.17	-0.13	0.65	-0.09	0.62	0.03	0.59	0.24

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Great Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Great Atlantic fundamental ratios Correlations

Great Atlantic Account Relationship Matchups

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Total Liab	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Property Plant Equipment	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Cash

Total Current Assets	- 0.94	Net Debt
Cash And Short Term Investments	- 0.94	Net Debt
Cash	- 0.94	Net Debt
Common Stock	- 0.89	Retained Earnings
Common Stock Shares Outstanding	- 0.87	Retained Earnings
Net Debt	- 0.82	Total Stockholder Equity