Green Cash And Short Term Investments vs Total Current Assets Analysis
GT1 Stock | 0.07 0.01 22.64% |
Green Technology financial indicator trend analysis is much more than just examining Green Technology Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Technology Metals is a good investment. Please check the relationship between Green Technology Cash And Short Term Investments and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Technology 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.
Cash And Short Term Investments vs Total Current Assets
Cash And Short Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Technology Metals Cash And Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Green Technology's Cash And Short Term Investments and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Green Technology Metals, assuming nothing else is changed. The correlation between historical values of Green Technology's Cash And Short Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Green Technology Metals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Green Technology's Cash And Short Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Green Technology Metals balance sheet. This account contains Green Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Green Technology Metals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Green Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Technology 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 Green Technology 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 3.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 17.1 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 65.1K | 347.4K | 399.5K | 226.9K | Cost Of Revenue | 65.1K | 347.4K | 502.5K | 335.5K |
Green Technology fundamental ratios Correlations
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Green Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Green Stock Analysis
When running Green Technology's price analysis, check to measure Green Technology's 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 Green Technology is operating at the current time. Most of Green Technology's value examination focuses on studying past and present price action to predict the probability of Green Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Technology's price. Additionally, you may evaluate how the addition of Green Technology to your portfolios can decrease your overall portfolio volatility.