Genesis Other Current Assets from 2010 to 2024

GEL Stock  USD 11.74  0.04  0.34%   
Genesis Energy Other Current Assets yearly trend continues to be quite stable with very little volatility. Other Current Assets may rise above about 63 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1996-12-31
Previous Quarter
57.6 M
Current Value
56.1 M
Quarterly Volatility
20.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genesis Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genesis Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 294.2 M, Interest Expense of 256.9 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.14 or PTB Ratio of 1.11. Genesis financial statements analysis is a perfect complement when working with Genesis Energy Valuation or Volatility modules.
  
Check out the analysis of Genesis Energy Correlation against competitors.

Latest Genesis Energy's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Genesis Energy LP over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Genesis Energy's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genesis Energy's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Genesis Other Current Assets Regression Statistics

Arithmetic Mean40,502,593
Geometric Mean32,557,856
Coefficient Of Variation46.20
Mean Deviation14,838,045
Median35,986,000
Standard Deviation18,712,575
Sample Variance350.2T
Range71.6M
R-Value0.52
Mean Square Error274.6T
R-Squared0.27
Significance0.05
Slope2,181,387
Total Sum of Squares4902.2T

Genesis Other Current Assets History

202463 M
202360 M
202226.8 M
202139.2 M
202060.8 M
201954.5 M
201836 M

About Genesis Energy Financial Statements

Genesis Energy investors utilize fundamental indicators, such as Other Current Assets, to predict how Genesis Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets60 M63 M

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When determining whether Genesis Energy LP is a strong investment it is important to analyze Genesis Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genesis Energy's future performance. For an informed investment choice regarding Genesis Stock, refer to the following important reports:
Check out the analysis of Genesis Energy Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesis Energy. If investors know Genesis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesis Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.586
Dividend Share
0.615
Earnings Share
(0.74)
Revenue Per Share
24.612
Quarterly Revenue Growth
(0.12)
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.