Green Property Plant And Equipment Net vs Total Assets 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 Property Plant And Equipment Net and its Total 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.
Property Plant And Equipment Net vs Total Assets
Property Plant And Equipment Net vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Technology Metals Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Green Technology's Property Plant And Equipment Net and Total Assets is 0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total 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 Property Plant And Equipment Net and Total 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 Property Plant And Equipment Net of Green Technology Metals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Green Technology's Property Plant And Equipment Net and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Assets
Total assets refers to the total amount of Green Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Green Technology Metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.