Getty Accounts Payable vs Total Assets Analysis

GTC Stock

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Getty Copper financial indicator trend analysis is much more than just examining Getty Copper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Copper is a good investment. Please check the relationship between Getty Copper Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Copper. 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.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Copper Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Getty Copper's Accounts Payable and Total Assets is 0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Getty Copper, assuming nothing else is changed. The correlation between historical values of Getty Copper's Accounts Payable 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 Accounts Payable of Getty Copper 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 Accounts Payable i.e., Getty Copper's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

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Accounts Payable

An accounting item on the balance sheet that represents Getty Copper obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Getty Copper are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Getty Copper 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 Getty Copper 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 Getty Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Copper 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 Getty Copper. 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 climb to about 280.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Getty Copper fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Net Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Total Assets		0.87	-0.84	0.81	-0.81	-0.92	0.6	0.15	0.9	0.81	0.4	0.95	0.93	0.83	0.37	0.85	0.87	0.98	-0.51	0.98	-0.06	0.55	0.97	0.9	0.91	-0.86
Total Current Liabilities	0.87		-0.87	0.8	-0.85	-0.83	0.75	-0.02	0.63	0.7	0.45	0.92	0.94	0.88	0.25	0.92	0.68	0.87	-0.61	0.79	-0.08	0.19	0.86	0.66	0.67	-0.88
Total Stockholder Equity	-0.84	-0.87		-0.7	0.99	0.94	-0.83	0.09	-0.62	-0.81	-0.62	-0.86	-0.91	-0.83	-0.27	-0.93	-0.63	-0.8	0.65	-0.78	-0.01	-0.36	-0.82	-0.57	-0.61	0.86
Other Liab	0.81	0.8	-0.7		-0.71	-0.79	0.69	0.18	0.61	0.66	0.32	0.89	0.78	0.67	0.33	0.64	0.84	0.85	-0.67	0.73	0.07	0.31	0.73	0.72	0.66	-0.7
Net Tangible Assets	-0.81	-0.85	0.99	-0.71		0.92	-0.84	0.05	-0.58	-0.8	-0.63	-0.85	-0.9	-0.81	-0.3	-0.92	-0.63	-0.79	0.66	-0.74	-0.03	-0.33	-0.78	-0.55	-0.57	0.84
Retained Earnings	-0.92	-0.83	0.94	-0.79	0.92		-0.72	-0.07	-0.81	-0.78	-0.47	-0.88	-0.88	-0.86	-0.33	-0.89	-0.77	-0.86	0.63	-0.89	0.02	-0.42	-0.86	-0.74	-0.79	0.89
Accounts Payable	0.6	0.75	-0.83	0.69	-0.84	-0.72		-0.33	0.27	0.68	0.39	0.72	0.77	0.57	-0.04	0.68	0.42	0.61	-0.84	0.47	0.2	0.12	0.52	0.28	0.25	-0.61
Cash	0.15	-0.02	0.09	0.18	0.05	-0.07	-0.33		0.27	0.18	0.12	0.19	0.02	-0.04	0.87	0.02	0.21	0.15	0.22	0.14	-0.25	0.32	0.11	0.28	0.27	0.07
Other Assets	0.9	0.63	-0.62	0.61	-0.58	-0.81	0.27	0.27		0.59	0.15	0.73	0.7	0.76	0.34	0.69	0.83	0.84	-0.25	0.95	-0.15	0.53	0.85	0.93	0.98	-0.78
Long Term Debt	0.81	0.7	-0.81	0.66	-0.8	-0.78	0.68	0.18	0.59		0.55	0.86	0.88	0.51	0.45	0.67	0.57	0.79	-0.55	0.72	0.19	0.68	0.76	0.59	0.58	-0.55
Net Receivables	0.4	0.45	-0.62	0.32	-0.63	-0.47	0.39	0.12	0.15	0.55		0.51	0.55	0.33	0.59	0.56	0.2	0.36	-0.24	0.31	-0.16	0.44	0.48	0.14	0.19	-0.35
Other Stockholder Equity	0.95	0.92	-0.86	0.89	-0.85	-0.88	0.72	0.19	0.73	0.86	0.51		0.97	0.76	0.45	0.84	0.78	0.95	-0.61	0.86	-0.03	0.49	0.91	0.77	0.75	-0.79
Total Liab	0.93	0.94	-0.91	0.78	-0.9	-0.88	0.77	0.02	0.7	0.88	0.55	0.97		0.8	0.33	0.89	0.72	0.93	-0.61	0.86	-0.01	0.47	0.92	0.72	0.71	-0.82
Short Long Term Debt	0.83	0.88	-0.83	0.67	-0.81	-0.86	0.57	-0.04	0.76	0.51	0.33	0.76	0.8		0.16	0.93	0.74	0.81	-0.48	0.84	-0.18	0.07	0.84	0.73	0.79	-0.98
Total Current Assets	0.37	0.25	-0.27	0.33	-0.3	-0.33	-0.04	0.87	0.34	0.45	0.59	0.45	0.33	0.16		0.32	0.29	0.34	0.03	0.31	-0.28	0.49	0.36	0.33	0.35	-0.15
Short Term Debt	0.85	0.92	-0.93	0.64	-0.92	-0.89	0.68	0.02	0.69	0.67	0.56	0.84	0.89	0.93	0.32		0.64	0.81	-0.49	0.82	-0.22	0.24	0.87	0.64	0.69	-0.94
Common Stock	0.87	0.68	-0.63	0.84	-0.63	-0.77	0.42	0.21	0.83	0.57	0.2	0.78	0.72	0.74	0.29	0.64		0.91	-0.37	0.89	-0.07	0.44	0.83	0.95	0.89	-0.78
Property Plant Equipment	0.98	0.87	-0.8	0.85	-0.79	-0.86	0.61	0.15	0.84	0.79	0.36	0.95	0.93	0.81	0.34	0.81	0.91		-0.51	0.95	-0.03	0.51	0.95	0.91	0.87	-0.83
Other Current Liab	-0.51	-0.61	0.65	-0.67	0.66	0.63	-0.84	0.22	-0.25	-0.55	-0.24	-0.61	-0.61	-0.48	0.03	-0.49	-0.37	-0.51		-0.36	-0.28	0.05	-0.36	-0.23	-0.27	0.46
Non Current Assets Total	0.98	0.79	-0.78	0.73	-0.74	-0.89	0.47	0.14	0.95	0.72	0.31	0.86	0.86	0.84	0.31	0.82	0.89	0.95	-0.36		-0.1	0.55	0.96	0.94	0.95	-0.87
Non Currrent Assets Other	-0.06	-0.08	-0.01	0.07	-0.03	0.02	0.2	-0.25	-0.15	0.19	-0.16	-0.03	-0.01	-0.18	-0.28	-0.22	-0.07	-0.03	-0.28	-0.1		0.02	-0.2	-0.14	-0.15	0.22
Non Current Liabilities Total	0.55	0.19	-0.36	0.31	-0.33	-0.42	0.12	0.32	0.53	0.68	0.44	0.49	0.47	0.07	0.49	0.24	0.44	0.51	0.05	0.55	0.02		0.55	0.53	0.49	-0.17
Net Debt	0.97	0.86	-0.82	0.73	-0.78	-0.86	0.52	0.11	0.85	0.76	0.48	0.91	0.92	0.84	0.36	0.87	0.83	0.95	-0.36	0.96	-0.2	0.55		0.88	0.88	-0.88
Common Stock Shares Outstanding	0.9	0.66	-0.57	0.72	-0.55	-0.74	0.28	0.28	0.93	0.59	0.14	0.77	0.72	0.73	0.33	0.64	0.95	0.91	-0.23	0.94	-0.14	0.53	0.88		0.96	-0.75
Net Invested Capital	0.91	0.67	-0.61	0.66	-0.57	-0.79	0.25	0.27	0.98	0.58	0.19	0.75	0.71	0.79	0.35	0.69	0.89	0.87	-0.27	0.95	-0.15	0.49	0.88	0.96		-0.79
Net Working Capital	-0.86	-0.88	0.86	-0.7	0.84	0.89	-0.61	0.07	-0.78	-0.55	-0.35	-0.79	-0.82	-0.98	-0.15	-0.94	-0.78	-0.83	0.46	-0.87	0.22	-0.17	-0.88	-0.75	-0.79

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Getty Copper Account Relationship Matchups

Getty Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9M	5.9M	6.4M	6.6M	7.0M	6.4M
Total Current Liabilities	1.6M	1.5M	1.5M	1.9M	2.3M	1.3M
Total Stockholder Equity	3.2M	3.2M	3.7M	3.4M	3.3M	3.1M
Net Tangible Assets	3.7M	3.2M	3.2M	3.7M	3.3M	3.1M
Retained Earnings	(22.1M)	(22.2M)	(22.5M)	(22.8M)	(23.3M)	(24.4M)
Accounts Payable	496.1K	272.4K	188.9K	273.6K	303.6K	262.9K
Cash	9.5K	55.9K	113.5K	5.7K	64.3K	48.4K
Long Term Debt	1.1M	1.2M	1.2M	1.3M	1.4M	827.0K
Net Receivables	826.0	21.7K	75.3K	15.4K	17.7K	17.2K
Other Stockholder Equity	1.6M	1.8M	1.8M	1.9M	2.2M	1.8M
Total Liab	2.7M	2.7M	2.7M	3.2M	3.7M	2.2M
Short Long Term Debt	575.7K	694.8K	796.1K	1.1M	1.5M	1.5M
Total Current Assets	36.3K	133.8K	139.6K	28.9K	88.4K	69.3K
Property Plant Equipment	5.6M	5.8M	5.8M	6.2M	7.1M	6.1M
Other Current Liab	13.8K	171.6K	177.9K	184.2K	165.8K	148.8K
Non Current Assets Total	5.8M	5.8M	6.2M	6.5M	6.9M	6.6M
Non Current Liabilities Total	1.1M	1.2M	1.2M	1.3M	1.4M	1.1M
Net Debt	1.7M	1.9M	1.9M	2.4M	2.8M	2.1M
Net Invested Capital	4.9M	5.1M	5.7M	5.8M	6.1M	5.9M
Net Working Capital	(1.5M)	(1.3M)	(1.4M)	(1.9M)	(2.2M)	(2.4M)

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