Great Short Term Debt vs Net Tangible Assets 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 Short Term Debt and its Net Tangible Assets 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.

Short Term Debt vs Net Tangible Assets

Short Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Atlantic Resources Short Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Great Atlantic's Short Term Debt and Net Tangible Assets is 0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Tangible Assets 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 Short Term Debt and Net Tangible Assets 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 Great Atlantic Resources are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Debt i.e., Great Atlantic's Short Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Amortization166.9K250.0K229.8K241.3K
Income Tax Expense670.4K271.6K3.02.85

Great Atlantic fundamental ratios Correlations

-0.170.77-0.6-0.54-0.270.750.770.740.550.390.94-0.110.790.740.240.180.24-0.160.7-0.110.660.40.970.470.74
-0.17-0.750.64-0.650.95-0.390.12-0.42-0.430.81-0.060.99-0.450.140.760.520.64-0.2-0.120.940.43-0.4-0.310.040.01
0.77-0.75-0.820.06-0.790.760.420.770.63-0.270.65-0.710.820.39-0.35-0.25-0.250.010.57-0.670.170.530.850.290.49
-0.60.64-0.82-0.090.76-0.940.01-0.94-0.650.32-0.470.63-0.940.040.430.390.220.0-0.380.49-0.09-0.6-0.75-0.26-0.03
-0.54-0.650.06-0.09-0.6-0.21-0.59-0.21-0.14-0.87-0.6-0.7-0.22-0.58-0.8-0.42-0.740.54-0.25-0.57-0.89-0.13-0.41-0.54-0.5
-0.270.95-0.790.76-0.6-0.550.13-0.57-0.50.71-0.160.95-0.590.150.720.480.52-0.29-0.260.80.35-0.44-0.45-0.030.04
0.75-0.390.76-0.94-0.21-0.550.180.990.690.020.69-0.370.980.14-0.1-0.110.06-0.040.39-0.250.360.560.860.40.17
0.770.120.420.01-0.590.130.180.160.070.560.750.190.220.990.450.440.28-0.140.640.050.67-0.040.60.240.98
0.74-0.420.77-0.94-0.21-0.570.990.160.72-0.010.68-0.390.990.12-0.1-0.150.08-0.080.38-0.280.360.670.860.50.16
0.55-0.430.63-0.65-0.14-0.50.690.070.72-0.040.56-0.390.770.020.0-0.120.15-0.160.09-0.30.220.630.650.530.04
0.390.81-0.270.32-0.870.710.020.56-0.01-0.040.530.85-0.010.560.940.760.81-0.120.180.80.79-0.150.230.370.44
0.94-0.060.65-0.47-0.6-0.160.690.750.680.560.530.020.710.730.450.440.43-0.030.50.010.760.390.880.580.72
-0.110.99-0.710.63-0.70.95-0.370.19-0.39-0.390.850.02-0.420.20.820.590.68-0.19-0.120.930.49-0.39-0.270.080.07
0.79-0.450.82-0.94-0.22-0.590.980.220.990.77-0.010.71-0.420.18-0.12-0.180.07-0.110.46-0.30.370.660.90.490.22
0.740.140.390.04-0.580.150.140.990.120.020.560.730.20.180.440.450.26-0.120.640.060.65-0.020.570.240.99
0.240.76-0.350.43-0.80.72-0.10.45-0.10.00.940.450.82-0.120.440.810.85-0.11-0.10.730.71-0.060.080.470.33
0.180.52-0.250.39-0.420.48-0.110.44-0.15-0.120.760.440.59-0.180.450.810.590.42-0.120.560.48-0.30.020.150.35
0.240.64-0.250.22-0.740.520.060.280.080.150.810.430.680.070.260.850.59-0.110.020.70.780.140.20.660.17
-0.16-0.20.010.00.54-0.29-0.04-0.14-0.08-0.16-0.12-0.03-0.19-0.11-0.12-0.110.42-0.11-0.030.02-0.31-0.19-0.13-0.23-0.13
0.7-0.120.57-0.38-0.25-0.260.390.640.380.090.180.5-0.120.460.64-0.1-0.120.02-0.03-0.040.380.150.690.140.65
-0.110.94-0.670.49-0.570.8-0.250.05-0.28-0.30.80.010.93-0.30.060.730.560.70.02-0.040.41-0.34-0.210.09-0.09
0.660.430.17-0.09-0.890.350.360.670.360.220.790.760.490.370.650.710.480.78-0.310.380.410.210.580.620.62
0.4-0.40.53-0.6-0.13-0.440.56-0.040.670.63-0.150.39-0.390.66-0.02-0.06-0.30.14-0.190.15-0.340.210.540.790.03
0.97-0.310.85-0.75-0.41-0.450.860.60.860.650.230.88-0.270.90.570.080.020.2-0.130.69-0.210.580.540.530.59
0.470.040.29-0.26-0.54-0.030.40.240.50.530.370.580.080.490.240.470.150.66-0.230.140.090.620.790.530.24
0.740.010.49-0.03-0.50.040.170.980.160.040.440.720.070.220.990.330.350.17-0.130.65-0.090.620.030.590.24
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Great Atlantic Account Relationship Matchups

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