Gratomic Total Stockholder Equity vs Net Receivables Analysis

GRAT Stock

CAD 0.05 0.01 9.09%

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

Total Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gratomic Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have totally related.

The correlation between Gratomic's Total Stockholder Equity and Net Receivables is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gratomic, assuming nothing else is changed. The correlation between historical values of Gratomic's Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Gratomic are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Gratomic's Total Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Receivables

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

Selling General Administrative is likely to drop to about 2.9 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.3 M in 2024

	2010	2018	2023	2024 (projected)
Cost Of Revenue	43.7K	70.7K	81.3K	62.9K
Depreciation And Amortization	43.7K	70.7K	81.3K	62.9K

Cost Of Revenue Depreciation And Amortization

Gratomic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Inventory	Other Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Other Current Liab	Short Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.84	0.99	-0.97	0.85	0.99	0.97	0.87	0.86	0.4	0.28	0.05	1.0	0.11	0.16	0.64	0.99	-0.23	0.88	0.6	0.6	0.47	-0.64	0.99	0.98	0.99
Total Current Liabilities	0.84		0.79	-0.85	0.97	0.84	0.88	0.82	1.0	0.0	0.59	-0.27	0.88	-0.18	0.1	0.34	0.88	-0.35	0.97	0.48	0.48	0.32	-0.86	0.85	0.88	0.86
Total Stockholder Equity	0.99	0.79		-0.98	0.8	0.99	0.96	0.87	0.81	0.43	0.25	0.07	0.99	0.12	0.15	0.67	0.99	-0.23	0.83	0.56	0.56	0.45	-0.59	0.99	0.97	0.99
Retained Earnings	-0.97	-0.85	-0.98		-0.86	-0.97	-0.98	-0.93	-0.87	-0.25	-0.42	0.11	-0.98	0.05	-0.15	-0.66	-0.98	0.35	-0.88	-0.46	-0.46	-0.42	0.63	-0.98	-0.99	-0.98
Accounts Payable	0.85	0.97	0.8	-0.86		0.83	0.87	0.82	0.98	0.02	0.57	-0.27	0.88	-0.2	0.15	0.31	0.88	-0.32	0.96	0.48	0.48	0.38	-0.77	0.85	0.88	0.86
Net Receivables	0.99	0.84	0.99	-0.97	0.83		0.95	0.87	0.85	0.4	0.29	0.04	0.99	0.1	0.15	0.66	0.99	-0.24	0.85	0.55	0.55	0.42	-0.66	0.99	0.98	0.99
Common Stock Shares Outstanding	0.97	0.88	0.96	-0.98	0.87	0.95		0.91	0.89	0.29	0.36	-0.04	0.98	0.03	0.13	0.59	0.98	-0.27	0.9	0.56	0.56	0.45	-0.7	0.98	0.98	0.97
Other Stockholder Equity	0.87	0.82	0.87	-0.93	0.82	0.87	0.91		0.83	0.06	0.55	-0.29	0.89	-0.23	0.22	0.55	0.89	-0.37	0.8	0.31	0.31	0.36	-0.67	0.89	0.93	0.88
Total Liab	0.86	1.0	0.81	-0.87	0.98	0.85	0.89	0.83		0.02	0.58	-0.26	0.89	-0.18	0.09	0.35	0.89	-0.35	0.97	0.48	0.48	0.32	-0.85	0.86	0.9	0.87
Total Current Assets	0.4	0.0	0.43	-0.25	0.02	0.4	0.29	0.06	0.02		-0.75	0.91	0.31	0.92	0.2	0.4	0.31	0.59	0.02	0.59	0.59	0.45	0.05	0.37	0.23	0.34
Net Debt	0.28	0.59	0.25	-0.42	0.57	0.29	0.36	0.55	0.58	-0.75		-0.93	0.37	-0.89	-0.07	0.12	0.37	-0.81	0.57	-0.22	-0.22	-0.16	-0.52	0.31	0.44	0.34
Cash	0.05	-0.27	0.07	0.11	-0.27	0.04	-0.04	-0.29	-0.26	0.91	-0.93		-0.05	1.0	0.11	0.11	-0.05	0.78	-0.27	0.46	0.46	0.32	0.23	0.02	-0.12	-0.02
Non Current Assets Total	1.0	0.88	0.99	-0.98	0.88	0.99	0.98	0.89	0.89	0.31	0.37	-0.05		0.02	0.14	0.62	1.0	-0.3	0.91	0.56	0.56	0.43	-0.68	0.99	0.99	0.99
Cash And Short Term Investments	0.11	-0.18	0.12	0.05	-0.2	0.1	0.03	-0.23	-0.18	0.92	-0.89	1.0	0.02		0.12	0.13	0.02	0.76	-0.2	0.5	0.5	0.34	0.14	0.09	-0.05	0.05
Inventory	0.16	0.1	0.15	-0.15	0.15	0.15	0.13	0.22	0.09	0.2	-0.07	0.11	0.14	0.12		0.12	0.13	0.09	0.06	0.22	0.22	0.48	0.14	0.12	0.09	0.12
Other Current Assets	0.64	0.34	0.67	-0.66	0.31	0.66	0.59	0.55	0.35	0.4	0.12	0.11	0.62	0.13	0.12		0.62	-0.36	0.36	0.29	0.29	0.35	-0.17	0.65	0.62	0.67
Property Plant And Equipment Net	0.99	0.88	0.99	-0.98	0.88	0.99	0.98	0.89	0.89	0.31	0.37	-0.05	1.0	0.02	0.13	0.62		-0.3	0.91	0.56	0.56	0.43	-0.68	0.99	0.99	0.99
Non Currrent Assets Other	-0.23	-0.35	-0.23	0.35	-0.32	-0.24	-0.27	-0.37	-0.35	0.59	-0.81	0.78	-0.3	0.76	0.09	-0.36	-0.3		-0.41	0.22	0.22	0.35	0.24	-0.24	-0.35	-0.3
Other Current Liab	0.88	0.97	0.83	-0.88	0.96	0.85	0.9	0.8	0.97	0.02	0.57	-0.27	0.91	-0.2	0.06	0.36	0.91	-0.41		0.52	0.52	0.33	-0.77	0.87	0.9	0.89
Short Long Term Debt Total	0.6	0.48	0.56	-0.46	0.48	0.55	0.56	0.31	0.48	0.59	-0.22	0.46	0.56	0.5	0.22	0.29	0.56	0.22	0.52		1.0	0.63	-0.35	0.55	0.47	0.56
Short Term Debt	0.6	0.48	0.56	-0.46	0.48	0.55	0.56	0.31	0.48	0.59	-0.22	0.46	0.56	0.5	0.22	0.29	0.56	0.22	0.52	1.0		0.63	-0.35	0.55	0.47	0.56
Current Deferred Revenue	0.47	0.32	0.45	-0.42	0.38	0.42	0.45	0.36	0.32	0.45	-0.16	0.32	0.43	0.34	0.48	0.35	0.43	0.35	0.33	0.63	0.63		-0.08	0.43	0.37	0.44
Short Term Investments	-0.64	-0.86	-0.59	0.63	-0.77	-0.66	-0.7	-0.67	-0.85	0.05	-0.52	0.23	-0.68	0.14	0.14	-0.17	-0.68	0.24	-0.77	-0.35	-0.35	-0.08		-0.67	-0.71	-0.67
Net Tangible Assets	0.99	0.85	0.99	-0.98	0.85	0.99	0.98	0.89	0.86	0.37	0.31	0.02	0.99	0.09	0.12	0.65	0.99	-0.24	0.87	0.55	0.55	0.43	-0.67		0.99	1.0
Common Stock	0.98	0.88	0.97	-0.99	0.88	0.98	0.98	0.93	0.9	0.23	0.44	-0.12	0.99	-0.05	0.09	0.62	0.99	-0.35	0.9	0.47	0.47	0.37	-0.71	0.99		0.99
Property Plant Equipment	0.99	0.86	0.99	-0.98	0.86	0.99	0.97	0.88	0.87	0.34	0.34	-0.02	0.99	0.05	0.12	0.67	0.99	-0.3	0.89	0.56	0.56	0.44	-0.67	1.0	0.99

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Gratomic Account Relationship Matchups

Gratomic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6M	10.0M	23.1M	26.7M	27.5M	28.8M
Total Current Liabilities	1.1M	1.3M	827.3K	3.0M	5.0M	5.3M
Total Stockholder Equity	5.9M	6.9M	22.1M	23.1M	21.9M	23.0M
Retained Earnings	(16.9M)	(20.5M)	(77.1M)	(85.3M)	(90.6M)	(86.1M)
Accounts Payable	735.7K	540.2K	476.0K	1.8M	2.1M	2.2M
Net Receivables	262.8K	367.2K	1.0M	993.9K	1.1M	1.2M
Common Stock Shares Outstanding	34.2M	49.5M	144.9M	179.4M	200.3M	210.3M
Liabilities And Stockholders Equity	8.6M	10.0M	23.1M	26.7M	30.7M	32.2M
Other Stockholder Equity	3.2M	3.0M	3.9M	18.2M	20.9M	21.9M
Total Liab	1.2M	1.4M	979.8K	3.6M	5.6M	5.9M
Total Current Assets	407.3K	1.7M	2.4M	1.4M	580.1K	929.5K
Net Debt	(127.1K)	(545.3K)	(682.1K)	218.2K	1.0M	1.1M
Cash	127.1K	1.1M	998.5K	252.0K	52.4K	49.8K
Non Current Assets Total	8.2M	8.2M	20.7M	25.3M	26.9M	28.2M
Cash And Short Term Investments	127.1K	1.1M	998.5K	252.0K	289.8K	275.3K
Property Plant And Equipment Net	8.1M	8.2M	20.5M	25.2M	26.8M	28.2M
Non Currrent Assets Other	7.1M	154.5K	209.4K	47.7K	54.8K	52.1K
Other Current Liab	1.1M	737.4K	510.9K	2.5M	2.9M	3.0M
Accumulated Other Comprehensive Income	3.0M	3.9M	18.2M	19.3M	22.2M	23.3M
Net Tangible Assets	8.7M	5.9M	6.9M	22.1M	25.5M	26.7M
Common Stock	19.8M	23.6M	81.1M	89.1M	102.4M	107.6M
Property Plant Equipment	7.1M	8.1M	8.2M	20.5M	23.6M	24.8M
Net Invested Capital	5.9M	7.5M	22.4M	23.6M	22.9M	15.2M
Net Working Capital	(710.0K)	437.2K	1.6M	(1.6M)	(4.4M)	(4.2M)
Capital Stock	19.8M	23.6M	81.1M	89.1M	92.7M	59.7M

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