GreenX Non Current Assets Total vs Net Receivables Analysis

GRX Stock   0.67  0.04  6.35%   
GreenX Metals financial indicator trend analysis is much more than just examining GreenX Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenX Metals is a good investment. Please check the relationship between GreenX Metals Non Current Assets Total and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenX 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.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenX Metals Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GreenX Metals' Non Current Assets Total and Net Receivables is -0.27. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of GreenX Metals, assuming nothing else is changed. The correlation between historical values of GreenX Metals' Non Current Assets Total 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 Non Current Assets Total of GreenX Metals 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 Non Current Assets Total i.e., GreenX Metals' Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

Most indicators from GreenX Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenX 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 GreenX 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 drop to about 504.8 K in 2024. Issuance Of Capital Stock is likely to drop to about 3.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit261.5K313.1K460.0K422.4K
Total Revenue261.5K162.7K451.1K413.0K

GreenX Metals fundamental ratios Correlations

0.480.470.850.23-0.560.060.310.610.520.220.53-0.16-0.240.380.310.420.51-0.01-0.250.21-0.240.490.040.570.49
0.480.980.00.39-0.45-0.20.620.61-0.12-0.090.570.01-0.090.19-0.030.970.620.250.260.16-0.120.92-0.480.370.88
0.470.98-0.030.38-0.44-0.290.760.6-0.14-0.080.570.07-0.060.19-0.010.990.630.330.310.13-0.110.92-0.550.30.88
0.850.0-0.03-0.09-0.360.32-0.080.340.670.270.28-0.27-0.20.350.25-0.080.22-0.24-0.430.13-0.170.070.410.520.09
0.230.390.38-0.09-0.14-0.610.140.180.030.180.10.53-0.23-0.310.50.410.150.480.180.24-0.260.18-0.55-0.170.19
-0.56-0.45-0.44-0.36-0.140.18-0.3-0.980.310.11-0.9-0.010.26-0.33-0.17-0.44-0.89-0.280.06-0.270.27-0.360.18-0.32-0.34
0.06-0.2-0.290.32-0.610.18-0.31-0.180.25-0.28-0.09-0.90.220.35-0.35-0.36-0.16-0.96-0.48-0.260.270.010.910.670.08
0.310.620.76-0.080.14-0.3-0.310.43-0.19-0.180.470.040.120.29-0.030.760.510.350.24-0.040.040.69-0.460.160.65
0.610.610.60.340.18-0.98-0.180.43-0.29-0.110.920.01-0.240.320.130.60.930.28-0.010.27-0.260.55-0.240.380.52
0.52-0.12-0.140.670.030.310.25-0.19-0.290.39-0.43-0.11-0.360.010.24-0.17-0.47-0.26-0.270.3-0.34-0.040.250.2-0.02
0.22-0.09-0.080.270.180.11-0.28-0.18-0.110.39-0.190.49-0.23-0.260.38-0.07-0.170.230.270.17-0.24-0.09-0.19-0.19-0.16
0.530.570.570.280.1-0.9-0.090.470.92-0.43-0.19-0.120.150.410.080.550.990.19-0.09-0.120.130.53-0.120.460.52
-0.160.010.07-0.270.53-0.01-0.90.040.01-0.110.49-0.12-0.3-0.530.330.13-0.070.880.440.31-0.34-0.14-0.79-0.74-0.21
-0.24-0.09-0.06-0.2-0.230.260.220.12-0.24-0.36-0.230.15-0.30.24-0.19-0.090.12-0.22-0.15-0.990.99-0.020.270.18-0.01
0.380.190.190.35-0.31-0.330.350.290.320.01-0.260.41-0.530.24-0.150.20.41-0.25-0.1-0.20.240.230.230.570.18
0.31-0.03-0.010.250.5-0.17-0.35-0.030.130.240.380.080.33-0.19-0.150.030.040.28-0.30.18-0.23-0.1-0.260.08-0.13
0.420.970.99-0.080.41-0.44-0.360.760.6-0.17-0.070.550.13-0.090.20.030.610.410.350.17-0.140.89-0.630.260.83
0.510.620.630.220.15-0.89-0.160.510.93-0.47-0.170.99-0.070.120.410.040.610.250.03-0.090.10.56-0.20.40.54
-0.010.250.33-0.240.48-0.28-0.960.350.28-0.260.230.190.88-0.22-0.250.280.410.250.490.28-0.280.04-0.91-0.61-0.05
-0.250.260.31-0.430.180.06-0.480.24-0.01-0.270.27-0.090.44-0.15-0.1-0.30.350.030.490.2-0.190.12-0.56-0.490.01
0.210.160.130.130.24-0.27-0.26-0.040.270.30.17-0.120.31-0.99-0.20.180.17-0.090.280.2-0.990.08-0.35-0.180.04
-0.24-0.12-0.11-0.17-0.260.270.270.04-0.26-0.34-0.240.13-0.340.990.24-0.23-0.140.1-0.28-0.19-0.99-0.060.330.19-0.03
0.490.920.920.070.18-0.360.010.690.55-0.04-0.090.53-0.14-0.020.23-0.10.890.560.040.120.08-0.06-0.280.520.98
0.04-0.48-0.550.41-0.550.180.91-0.46-0.240.25-0.19-0.12-0.790.270.23-0.26-0.63-0.2-0.91-0.56-0.350.33-0.280.5-0.18
0.570.370.30.52-0.17-0.320.670.160.380.2-0.190.46-0.740.180.570.080.260.4-0.61-0.49-0.180.190.520.50.53
0.490.880.880.090.19-0.340.080.650.52-0.02-0.160.52-0.21-0.010.18-0.130.830.54-0.050.010.04-0.030.98-0.180.53
Click cells to compare fundamentals

GreenX Metals Account Relationship Matchups

GreenX Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M8.1M15.7M17.9M17.2M16.1M
Other Current Liab257.6K1.4M2.0M460.4K760.3K1.2M
Total Current Liabilities2.1M2.0M3.1M1.7M1.8M2.3M
Total Stockholder Equity4.0M5.7M11.8M15.7M15.1M9.7M
Property Plant And Equipment Net2.4M2.0M7.4M1.1M9.7M10.1M
Net Debt(2.1M)(4.6M)(5.3M)(8.1M)(6.9M)(7.2M)
Retained Earnings(73.1M)(74.0M)(77.7M)(81.2M)(85.7M)(81.4M)
Accounts Payable1.6M442.1K782.5K964.0K719.4K955.1K
Cash2.6M4.8M6.1M8.7M7.2M7.7M
Non Current Assets Total2.4M2.0M7.4M9.1M9.8M5.1M
Cash And Short Term Investments2.6M4.8M6.1M8.7M7.2M8.3M
Short Term Investments292.4K262.8K193.7K2.9K24.4K23.2K
Liabilities And Stockholders Equity6.6M8.1M15.7M17.9M17.2M16.1M
Non Current Liabilities Total507.9K384.0K821.2K511.3K277.4K540.4K
Other Stockholder Equity1.6M(8.8M)2.6M13.6M11.0M11.5M
Total Liab2.6M2.4M3.9M2.2M2.1M2.7M
Total Current Assets4.2M6.1M8.3M8.9M7.4M9.0M
Common Stock75.5M79.3M75.8M85.9M89.9M64.0M
Net Receivables1.4M1.1M2.0M200.6K13.7K13.0K
Other Current Assets(26.2K)819.8K193.7K2.9K172.9K164.3K
Accumulated Other Comprehensive Income1.6M345.9K11.1M11.0M11.0M5.6M
Cash And Equivalents5.5M1.5M0.04.5M4.1M4.5M
Short Term Debt271.2K171.7K315.8K281.4K299.4K557.9K
Property Plant Equipment2.4M2.0M7.4M8.9M10.2M10.7M
Other Liab340.9K384.0K283.0K210.4K189.4K179.9K
Net Tangible Assets4.0M5.7M11.8M15.7M18.1M10.4M
Net Invested Capital4.0M5.7M11.8M15.7M15.1M11.3M
Net Working Capital2.1M4.1M5.2M7.2M5.6M4.4M
Capital Stock75.5M70.5M75.8M83.3M89.9M86.3M

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