Greenwave Short Long Term Debt vs Total Current Assets Analysis

GWAV Stock  USD 0.70  0.02  2.94%   
Greenwave Technology financial indicator trend analysis is much more than just examining Greenwave Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenwave Technology is a good investment. Please check the relationship between Greenwave Technology Short Long Term Debt 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 Greenwave Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Long Term Debt vs Total Current Assets

JavaScript chart by amCharts 3.21.152014201620182020202220242.5M3M3.5M4M4.5M5M5.5M6M6.5M7M7.5M8M8.5M9M9.5M10M 10K100K1M10M
JavaScript chart by amCharts 3.21.15Short Long Term Debttotal: 56.5MTotal Current Assetstotal: 12.6M

Short Long Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenwave Technology Short Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
Short Long Term DebtTotal Current AssetsDiversified AwayShort Long Term DebtTotal Current AssetsDiversified Away100%
The correlation between Greenwave Technology's Short Long Term Debt and Total Current Assets is 0.72. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Greenwave Technology Solutions, assuming nothing else is changed. The correlation between historical values of Greenwave Technology's Short Long Term Debt 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 Short Long Term Debt of Greenwave Technology Solutions 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 Short Long Term Debt i.e., Greenwave Technology's Short Long Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

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 Greenwave Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenwave Technology 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 Greenwave Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is likely to climb to about 3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense10.6M34.1M8.9M7.7M
Depreciation And Amortization1.3M6.5M7.5M7.8M

Greenwave Technology fundamental ratios Correlations

0.290.50.150.940.88-0.850.791.00.790.560.870.780.9-0.350.90.19-0.460.81-0.220.81-0.24-0.9-0.730.840.6
0.290.96-0.750.060.09-0.570.530.280.530.050.520.740.420.490.110.4-0.77-0.110.23-0.070.46-0.54-0.690.540.8
0.50.96-0.720.30.35-0.740.640.490.640.230.690.890.590.420.370.53-0.820.150.290.190.34-0.71-0.830.740.89
0.15-0.75-0.720.230.050.27-0.090.16-0.09-0.13-0.21-0.51-0.03-0.820.05-0.560.550.2-0.550.15-0.630.120.45-0.25-0.56
0.940.060.30.230.97-0.820.590.950.590.710.850.680.78-0.310.970.22-0.350.95-0.20.93-0.22-0.79-0.670.770.5
0.880.090.350.050.97-0.820.540.880.540.80.840.730.74-0.161.00.35-0.360.97-0.050.97-0.14-0.75-0.70.780.53
-0.85-0.57-0.740.27-0.82-0.82-0.61-0.85-0.61-0.64-1.0-0.92-0.73-0.19-0.83-0.470.76-0.69-0.03-0.7-0.230.880.94-0.9-0.88
0.790.530.64-0.090.590.54-0.610.771.00.290.60.740.96-0.350.580.05-0.460.46-0.220.5-0.23-0.72-0.530.640.47
1.00.280.490.160.950.88-0.850.770.770.560.870.770.89-0.350.90.19-0.460.82-0.220.81-0.24-0.9-0.730.840.6
0.790.530.64-0.090.590.54-0.611.00.770.290.60.740.96-0.350.580.05-0.460.46-0.220.5-0.23-0.72-0.530.640.47
0.560.050.23-0.130.710.8-0.640.290.560.290.670.570.510.10.790.14-0.20.83-0.210.830.24-0.38-0.530.470.37
0.870.520.69-0.210.850.84-1.00.60.870.60.670.890.730.150.850.42-0.720.73-0.030.730.22-0.86-0.920.880.84
0.780.740.89-0.510.680.73-0.920.740.770.740.570.890.80.220.750.52-0.750.580.150.610.19-0.86-0.920.890.88
0.90.420.59-0.030.780.74-0.730.960.890.960.510.730.8-0.350.770.1-0.440.68-0.230.71-0.23-0.79-0.620.740.51
-0.350.490.42-0.82-0.31-0.16-0.19-0.35-0.35-0.350.10.150.22-0.35-0.180.57-0.52-0.270.56-0.240.820.1-0.320.060.44
0.90.110.370.050.971.0-0.830.580.90.580.790.850.750.77-0.180.34-0.380.97-0.060.97-0.15-0.77-0.710.80.54
0.190.40.53-0.560.220.35-0.470.050.190.050.140.420.520.10.570.34-0.620.20.880.220.1-0.49-0.610.590.64
-0.46-0.77-0.820.55-0.35-0.360.76-0.46-0.46-0.46-0.2-0.72-0.75-0.44-0.52-0.38-0.62-0.19-0.37-0.22-0.390.650.79-0.68-0.83
0.81-0.110.150.20.950.97-0.690.460.820.460.830.730.580.68-0.270.970.2-0.19-0.170.99-0.2-0.61-0.550.640.35
-0.220.230.29-0.55-0.2-0.05-0.03-0.22-0.22-0.22-0.21-0.030.15-0.230.56-0.060.88-0.37-0.17-0.140.0-0.12-0.210.220.29
0.81-0.070.190.150.930.97-0.70.50.810.50.830.730.610.71-0.240.970.22-0.220.99-0.14-0.16-0.59-0.530.650.33
-0.240.460.34-0.63-0.22-0.14-0.23-0.23-0.24-0.230.240.220.19-0.230.82-0.150.1-0.39-0.20.0-0.160.19-0.24-0.050.33
-0.9-0.54-0.710.12-0.79-0.750.88-0.72-0.9-0.72-0.38-0.86-0.86-0.790.1-0.77-0.490.65-0.61-0.12-0.590.190.89-0.94-0.83
-0.73-0.69-0.830.45-0.67-0.70.94-0.53-0.73-0.53-0.53-0.92-0.92-0.62-0.32-0.71-0.610.79-0.55-0.21-0.53-0.240.89-0.9-0.97
0.840.540.74-0.250.770.78-0.90.640.840.640.470.880.890.740.060.80.59-0.680.640.220.65-0.05-0.94-0.90.85
0.60.80.89-0.560.50.53-0.880.470.60.470.370.840.880.510.440.540.64-0.830.350.290.330.33-0.83-0.970.85
Click cells to compare fundamentals

Greenwave Technology Account Relationship Matchups

Greenwave Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1K98.6K38.2M41.5M46.4M48.7M
Other Current Liab24.0M33.3M46.3M12.1M6.3M6.0M
Total Current Liabilities36.9M37.7M59.5M19.0M23.3M20.1M
Total Stockholder Equity(36.9M)(37.7M)(23.3M)15.3M(4.5M)(4.7M)
Net Debt7.1M3.5M7.5M16.0M37.1M38.9M
Retained Earnings(189.6M)(301.2M)(298.4M)(362.3M)(395.9M)(376.1M)
Cash1.1K1.5K3.0M821.8K1.5M1.6M
Cash And Short Term Investments1.1K1.5K3.0M821.8K1.5M1.6M
Liabilities And Stockholders Equity3.1K98.6K38.2M41.5M46.4M48.7M
Other Current Assets2.0K194.3K0.012.8K296.8K311.6K
Other Stockholder Equity152.3M302.6M275.1M377.6M391.4M411.0M
Total Liab36.9M37.8M61.5M26.1M50.9M53.4M
Total Current Assets3.1K98.6K3.3M1.2M2.7M2.8M
Common Stock384.3K493.7K3.3K11.0K17.0K16.1K
Short Long Term Debt Total7.1M3.5M10.5M16.8M38.6M40.5M
Accounts Payable5.5M1.1M623.6K1.5M1.9M1.5M
Common Stock Shares Outstanding1.9M31.0K54.7K43.8K87.1K82.7K
Non Current Liabilities Total0.0110K2.1M7.1M27.6M29.0M
Current Deferred Revenue958.7K337.5K4.0M25K28.8K27.3K
Net Tangible Assets(7.1M)(36.9M)(16.8M)(51.7M)(46.5M)(44.2M)
Short Term Debt7.1M3.3M8.5M7.8M11.0M6.4M
Net Invested Capital(29.8M)(34.3M)(16.6M)29.1M33.9M35.5M
Short Long Term Debt7.1M3.3M6.7M6.7M10.8M6.8M
Capital Stock384.3K493.7K3.3K11.0K17.0K16.1K
Net Working Capital(36.9M)(37.6M)(56.1M)(17.8M)(20.6M)(21.6M)

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Additional Tools for Greenwave Stock Analysis

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