Guru Deferred Long Term Liab vs Property Plant And Equipment Net Analysis

GURU Stock  CAD 1.89  0.03  1.56%   
Guru Organic financial indicator trend analysis is much more than just examining Guru Organic Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guru Organic Energy is a good investment. Please check the relationship between Guru Organic Deferred Long Term Liab and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guru Organic Energy. 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.

Deferred Long Term Liab vs Property Plant And Equipment Net

Deferred Long Term Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guru Organic Energy Deferred Long Term Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guru Organic's Deferred Long Term Liab and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Guru Organic Energy, assuming nothing else is changed. The correlation between historical values of Guru Organic's Deferred Long Term Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Guru Organic Energy are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Deferred Long Term Liab i.e., Guru Organic's Deferred Long Term Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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.
Most indicators from Guru Organic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guru Organic Energy 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 Guru Organic Energy. 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.
As of the 29th of November 2024, Tax Provision is likely to grow to 5,867, while Selling General Administrative is likely to drop about 8.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit15.7M15.4M17.8M14.0M
Total Revenue29.1M29.3M33.7M23.7M

Guru Organic fundamental ratios Correlations

-0.610.860.941.00.330.950.86-0.9-0.710.760.89-0.790.51.00.960.880.96-0.070.660.960.941.0-0.88-0.10.96
-0.61-0.38-0.71-0.6-0.13-0.63-0.30.550.46-0.84-0.320.88-0.44-0.6-0.57-0.29-0.72-0.18-0.42-0.67-0.5-0.620.86-0.1-0.57
0.86-0.380.80.860.00.940.93-0.63-0.910.450.93-0.670.610.850.90.890.82-0.230.90.830.920.85-0.75-0.280.91
0.94-0.710.80.930.320.890.77-0.84-0.670.780.79-0.770.70.920.910.710.92-0.190.591.00.880.94-0.87-0.240.89
1.0-0.60.860.930.330.950.87-0.9-0.710.760.89-0.790.481.00.960.890.96-0.050.660.940.941.0-0.88-0.080.96
0.33-0.130.00.320.330.14-0.04-0.680.350.550.00.03-0.160.370.240.190.150.36-0.310.30.180.34-0.160.260.09
0.95-0.630.940.890.950.140.86-0.79-0.850.690.88-0.840.560.940.950.870.93-0.070.840.90.930.95-0.91-0.140.95
0.86-0.30.930.770.87-0.040.86-0.6-0.860.371.0-0.640.510.840.910.920.85-0.240.780.810.940.85-0.7-0.210.94
-0.90.55-0.63-0.84-0.9-0.68-0.79-0.60.38-0.85-0.640.61-0.29-0.92-0.8-0.72-0.8-0.11-0.35-0.84-0.75-0.910.76-0.04-0.75
-0.710.46-0.91-0.67-0.710.35-0.85-0.860.38-0.32-0.850.76-0.61-0.69-0.79-0.75-0.760.22-0.96-0.7-0.82-0.70.740.26-0.86
0.76-0.840.450.780.760.550.690.37-0.85-0.320.41-0.740.260.770.70.510.780.310.290.750.590.78-0.860.270.6
0.89-0.320.930.790.890.00.881.0-0.64-0.850.41-0.640.530.870.920.930.86-0.260.770.830.940.88-0.71-0.230.95
-0.790.88-0.67-0.77-0.790.03-0.84-0.640.610.76-0.74-0.64-0.4-0.78-0.78-0.63-0.88-0.15-0.72-0.75-0.75-0.790.95-0.09-0.83
0.5-0.440.610.70.48-0.160.560.51-0.29-0.610.260.53-0.40.450.490.250.51-0.710.520.690.50.49-0.45-0.760.54
1.0-0.60.850.921.00.370.940.84-0.92-0.690.770.87-0.780.450.950.880.95-0.030.640.940.931.0-0.88-0.060.94
0.96-0.570.90.910.960.240.950.91-0.8-0.790.70.92-0.780.490.950.930.950.010.750.930.990.96-0.89-0.020.97
0.88-0.290.890.710.890.190.870.92-0.72-0.750.510.93-0.630.250.880.930.830.080.730.760.930.87-0.730.090.9
0.96-0.720.820.920.960.150.930.85-0.8-0.760.780.86-0.880.510.950.950.83-0.050.680.930.90.96-0.95-0.020.95
-0.07-0.18-0.23-0.19-0.050.36-0.07-0.24-0.110.220.31-0.26-0.15-0.71-0.030.010.08-0.05-0.1-0.2-0.04-0.05-0.150.93-0.12
0.66-0.420.90.590.66-0.310.840.78-0.35-0.960.290.77-0.720.520.640.750.730.68-0.10.620.780.65-0.7-0.20.79
0.96-0.670.831.00.940.30.90.81-0.84-0.70.750.83-0.750.690.940.930.760.93-0.20.620.910.95-0.86-0.240.92
0.94-0.50.920.880.940.180.930.94-0.75-0.820.590.94-0.750.50.930.990.930.9-0.040.780.910.93-0.83-0.090.98
1.0-0.620.850.941.00.340.950.85-0.91-0.70.780.88-0.790.491.00.960.870.96-0.050.650.950.93-0.89-0.080.95
-0.880.86-0.75-0.87-0.88-0.16-0.91-0.70.760.74-0.86-0.710.95-0.45-0.88-0.89-0.73-0.95-0.15-0.7-0.86-0.83-0.89-0.12-0.86
-0.1-0.1-0.28-0.24-0.080.26-0.14-0.21-0.040.260.27-0.23-0.09-0.76-0.06-0.020.09-0.020.93-0.2-0.24-0.09-0.08-0.12-0.15
0.96-0.570.910.890.960.090.950.94-0.75-0.860.60.95-0.830.540.940.970.90.95-0.120.790.920.980.95-0.86-0.15
Click cells to compare fundamentals

Guru Organic Account Relationship Matchups

Guru Organic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8M85.0M65.3M48.7M55.9M39.9M
Short Long Term Debt Total235.4K1.9M2.0M1.6M1.4M1.5M
Other Current Liab315.4K6.9M6.3M5.9M6.8M7.2M
Total Current Liabilities7.9M10.7M8.7M7.6M8.8M6.9M
Total Stockholder Equity33.6M72.5M55.1M39.8M45.8M32.2M
Other Liab82.4K93.5K203.8K19.8K22.8K21.7K
Net Tangible Assets1.9M33.5M72.5M55.1M63.3M66.5M
Property Plant And Equipment Net249.9K3.0M3.9M2.9M3.4M1.8M
Net Debt(29.9M)(65.0M)(23.5M)(14.2M)(12.8M)(13.5M)
Retained Earnings(3.6M)(13.4M)(31.2M)(42.1M)(37.9M)(36.0M)
Accounts Payable3.9M3.5M1.9M1.3M1.5M2.1M
Non Current Assets Total1.6M4.5M5.3M4.0M4.6M3.2M
Non Currrent Assets Other364.0K835.8K708.7K487.5K438.8K669.6K
Other Assets1.1M1.4M1.5M2.0M2.3M2.4M
Cash And Short Term Investments30.4M67.0M46.3M33.8M38.9M28.0M
Net Receivables2.8M5.9M5.1M4.5M5.1M3.8M
Liabilities And Stockholders Equity41.8M85.0M65.3M48.7M55.9M39.9M
Non Current Liabilities Total315.5K1.8M1.6M1.2M1.4M1.0M
Inventory6.3M7.3M8.5M6.0M6.9M5.4M
Other Current Assets395.2K378.7K198.8K333.5K300.2K296.8K
Other Stockholder Equity(52.5K)595.6K826.8K1.5M1.7M1.8M
Total Liab8.2M12.5M10.3M8.8M10.1M7.8M
Deferred Long Term Liab376.2K364.0K835.8K708.7K815.0K516.4K
Total Current Assets40.1M80.5M60.1M44.6M51.3M37.0M
Accumulated Other Comprehensive Income(52.5K)(205.5K)46.1K97.7K112.4K118.0K
Short Term Debt13.3K337.9K407.3K399.7K359.7K341.7K
Intangible Assets39.4K27.6K19.3K13.5K12.2K11.6K
Common Stock36.6M85.6M85.4M80.3M92.4M46.4M
Property Plant Equipment409.7K249.9K3.0M3.2M3.7M3.9M
Cash30.4M67.0M25.5M15.8M18.2M25.5M
Common Stock Shares Outstanding28.9M30.2M32.3M31.8M36.6M26.7M

Pair Trading with Guru Organic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Guru Organic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Guru Organic will appreciate offsetting losses from the drop in the long position's value.

Moving against Guru Stock

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The ability to find closely correlated positions to Guru Organic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guru Organic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Guru Organic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Guru Organic Energy to buy it.
The correlation of Guru Organic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Guru Organic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guru Organic Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Guru Organic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Guru Stock

Balance Sheet is a snapshot of the financial position of Guru Organic Energy at a specified time, usually calculated after every quarter, six months, or one year. Guru Organic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guru Organic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Guru currently owns. An asset can also be divided into two categories, current and non-current.