| GRX Stock | | | 0.65 0.02 2.99% |
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 Other Current Liab and its Cash 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.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GreenX Metals Other Current Liab account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between GreenX Metals' Other Current Liab and Cash is 0.61. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash 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' Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of GreenX Metals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., GreenX Metals' Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Current Liab
Cash
Cash refers to the most liquid asset of GreenX Metals, which is listed under current asset account on GreenX Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GreenX Metals customers. The amounts must be unrestricted with restricted cash listed in a different GreenX Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
GreenX Metals fundamental ratios Correlations
Click cells to compare fundamentals
GreenX Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GreenX Metals fundamental ratios Accounts
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Additional Tools for GreenX Stock Analysis
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measure GreenX Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GreenX Metals is operating at the current time. Most of GreenX Metals' value examination focuses on studying past and present price action to
predict the probability of GreenX Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenX Metals' price. Additionally, you may evaluate how the addition of GreenX Metals to your portfolios can decrease your overall portfolio volatility.