Getty Other Assets vs Accounts Payable Analysis
GTC Stock | CAD 0.03 0.01 25.00% |
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 Other Assets and its Accounts Payable 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.
Other Assets vs Accounts Payable
Other Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Copper Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Getty Copper's Other Assets and Accounts Payable is 0.27. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable 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 Other Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Getty Copper are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Assets i.e., Getty Copper's Other Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
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.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
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Getty Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Getty Copper's price analysis, check to measure Getty Copper'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 Getty Copper is operating at the current time. Most of Getty Copper's value examination focuses on studying past and present price action to predict the probability of Getty Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Copper's price. Additionally, you may evaluate how the addition of Getty Copper to your portfolios can decrease your overall portfolio volatility.