Greentech Net Invested Capital vs Property Plant And Equipment Net Analysis
GRE Stock | 0.08 0 1.23% |
Greentech Metals financial indicator trend analysis is much more than just examining Greentech Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greentech Metals is a good investment. Please check the relationship between Greentech Metals Net Invested Capital and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greentech Metals. 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 Invested Capital vs Property Plant And Equipment Net
Net Invested Capital vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greentech Metals Net Invested Capital account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Greentech Metals' Net Invested Capital and Property Plant And Equipment Net is 0.85. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Greentech Metals, assuming nothing else is changed. The correlation between historical values of Greentech Metals' Net Invested Capital and Property Plant And Equipment Net 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 Invested Capital of Greentech Metals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Invested Capital i.e., Greentech Metals' Net Invested Capital and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Greentech Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greentech Metals 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 Greentech Metals. 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. Selling General Administrative is likely to gain to about 328.6 K in 2024. Issuance Of Capital Stock is likely to gain to about 2.8 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.8K | 6.2K | 7.2K | 4.4K | Cost Of Revenue | 1.8K | 6.2K | 7.6K | 5.7K |
Greentech Metals fundamental ratios Correlations
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Greentech Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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