Green Net Receivables vs Total Current Liabilities Analysis
GRBK Stock | USD 57.63 0.94 1.66% |
Green Brick financial indicator trend analysis is much more than just examining Green Brick Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Brick Partners is a good investment. Please check the relationship between Green Brick Net Receivables and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Brick Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Brick Partners Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Green Brick's Net Receivables and Total Current Liabilities is 0.07. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Green Brick Partners, assuming nothing else is changed. The correlation between historical values of Green Brick's Net Receivables and Total Current Liabilities 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 Receivables of Green Brick Partners are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Green Brick's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Green Brick balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Green Brick Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Green Brick's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Brick Partners 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 Green Brick Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Green Brick's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 88.9 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
2023 | 2024 (projected) | Interest Income | 11.3M | 11.8M | Tax Provision | 84.6M | 88.9M |
Green Brick fundamental ratios Correlations
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Green Brick Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Green Brick fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 875.5M | 988.8M | 1.4B | 1.7B | 1.9B | 2.0B | |
Other Current Liab | 24.7M | (38.1M) | 61.4M | (21.4M) | 96.5M | 101.3M | |
Total Current Liabilities | 54.7M | 67.1M | 170.9M | 189.6M | 195.2M | 204.9M | |
Total Stockholder Equity | 523.2M | 640.2M | 874.5M | 1.1B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 7.8M | 6.1M | 7.4M | 6.4M | 14.3M | 13.6M | |
Net Debt | 208.3M | 203.0M | 261.0M | 294.8M | 155.3M | 164.9M | |
Retained Earnings | 235.0M | 349.7M | 539.9M | 754.3M | 997.0M | 1.0B | |
Accounts Payable | 30.0M | 24.5M | 45.7M | 51.8M | 54.3M | 57.0M | |
Cash | 33.3M | 19.5M | 78.7M | 76.6M | 199.5M | 209.4M | |
Non Current Assets Total | 79.6M | 105.4M | 117.7M | 134.4M | 161.4M | 118.8M | |
Non Currrent Assets Other | 24.9M | 36.1M | 37.7M | 36.3M | 44.2M | 46.4M | |
Cash And Short Term Investments | 33.3M | 19.5M | 78.7M | 76.6M | 199.5M | 209.4M | |
Common Stock Total Equity | 507K | 509K | 511K | 512K | 588.8K | 447.9K | |
Common Stock Shares Outstanding | 50.6M | 50.8M | 51.1M | 48.0M | 45.9M | 29.3M | |
Liabilities And Stockholders Equity | 875.5M | 988.8M | 1.4B | 1.7B | 1.9B | 2.0B | |
Non Current Liabilities Total | 284.4M | 272.4M | 340.4M | 354.0M | 355.4M | 196.5M | |
Other Current Assets | 4.4M | 14.2M | 14.9M | 16.7M | 36.3M | 38.1M | |
Other Stockholder Equity | 287.6M | 290.1M | 286.5M | 259.4M | 303.2M | 229.8M | |
Total Liab | 339.1M | 339.4M | 511.3M | 543.6M | 550.6M | 282.0M | |
Property Plant And Equipment Gross | 7.8M | 6.1M | 7.4M | 6.4M | 22.0M | 20.9M | |
Total Current Assets | 796.0M | 883.5M | 1.3B | 1.5B | 1.7B | 1.8B | |
Common Stock | 509K | 511K | 512K | 460K | 450K | 453.8K | |
Short Long Term Debt Total | 241.6M | 222.5M | 339.7M | 371.4M | 354.8M | 234.0M | |
Short Term Debt | 1.3M | 2.1M | 738K | 17.4M | 1.2M | 1.2M | |
Net Receivables | 4.7M | 5.2M | 6.9M | 5.3M | 10.6M | 7.4M | |
Inventory | 753.6M | 844.6M | 1.2B | 1.4B | 1.5B | 1.6B | |
Net Tangible Assets | 535.4M | 652.5M | 895.2M | 1.0B | 1.2B | 1.2B | |
Noncontrolling Interest In Consolidated Entity | 17.3M | 13.2M | 9.2M | 14.1M | 16.3M | 10.2M | |
Other Assets | 25.4M | 119.8M | 101.3M | (124.4M) | 1.0 | 0.95 | |
Long Term Debt | 73.4M | 113.2M | 335.7M | 350.4M | 349.2M | 366.6M | |
Retained Earnings Total Equity | 177.5M | 235.0M | 349.7M | 539.9M | 620.8M | 651.9M | |
Capital Surpluse | 291.3M | 581.6M | 293.2M | 289.6M | 333.1M | 304.6M | |
Non Current Liabilities Other | 2.2M | 8.8M | 41.1M | 68.6M | 61.8M | 64.8M | |
Intangible Assets | 707K | 622K | 537K | 452K | 367K | 299.6K |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Brick Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Green Brick. If investors know Green will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Green Brick listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.269 | Earnings Share 7.71 | Revenue Per Share 44.291 | Quarterly Revenue Growth 0.25 | Return On Assets 0.1344 |
The market value of Green Brick Partners is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Brick's value that differs from its market value or its book value, called intrinsic value, which is Green Brick's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Green Brick's market value can be influenced by many factors that don't directly affect Green Brick's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Green Brick's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Brick is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Brick's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.