Genie Net Receivables from 2010 to 2024

GNE Stock  USD 16.04  0.14  0.88%   
Genie Energy's Net Receivables is increasing over the years with slightly volatile fluctuation. Net Receivables is expected to dwindle to about 44.2 M. During the period from 2010 to 2024 Genie Energy Net Receivables annual values regression line had geometric mean of  39,533,805 and mean square error of 52.6 T. View All Fundamentals
 
Net Receivables  
First Reported
2010-06-30
Previous Quarter
54.2 M
Current Value
50.3 M
Quarterly Volatility
12.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Genie Energy over the last few years. It is Genie Energy's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genie Energy's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Genie Net Receivables Regression Statistics

Arithmetic Mean40,882,777
Geometric Mean39,533,805
Coefficient Of Variation26.02
Mean Deviation8,165,422
Median41,309,000
Standard Deviation10,639,586
Sample Variance113.2T
Range39.7M
R-Value0.75
Mean Square Error52.6T
R-Squared0.57
Significance0
Slope1,793,417
Total Sum of Squares1584.8T

Genie Net Receivables History

202444.2 M
202361.9 M
202255.1 M
202141.3 M
202048.4 M
201949.8 M
201835.9 M

About Genie Energy Financial Statements

Genie Energy stakeholders use historical fundamental indicators, such as Genie Energy's Net Receivables, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genie Energy's assets and liabilities are reflected in the revenues and expenses on Genie Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables61.9 M44.2 M

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When determining whether Genie Energy is a strong investment it is important to analyze Genie 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 Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Electric Utilities 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 Genie Energy. If investors know Genie 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 Genie 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
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie 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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie 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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie 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.