Green Total Current Liabilities vs Total Current 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 Total Current Liabilities 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.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities 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 Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Green Technology's Total Current Liabilities and Total Current Assets is 0.21. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., Green Technology's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Green Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Green Technology Metals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
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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.