Green Depreciation And Amortization vs Property Plant Equipment Analysis
GT1 Stock | 0.05 0.01 8.77% |
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 Depreciation And Amortization and its Property Plant Equipment 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.
Depreciation And Amortization vs Property Plant Equipment
Depreciation And Amortization vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Technology Metals Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Green Technology's Depreciation And Amortization and Property Plant Equipment is -0.61. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment 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 Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Green Technology Metals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Green Technology's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Property Plant Equipment
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 |
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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.