Greattown Accounts Payable vs Common Stock Analysis

600094 Stock   3.74  0.06  1.63%   
Greattown Holdings financial indicator trend analysis is much more than just examining Greattown Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greattown Holdings is a good investment. Please check the relationship between Greattown Holdings Accounts Payable and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Greattown Holdings Ltd. 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.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greattown Holdings Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greattown Holdings' Accounts Payable and Common Stock is 0.71. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Greattown Holdings Ltd, assuming nothing else is changed. The correlation between historical values of Greattown Holdings' Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Greattown Holdings Ltd are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Greattown Holdings' Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Greattown Holdings 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 Greattown Holdings 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.

Common Stock

Most indicators from Greattown Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greattown Holdings 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Greattown Holdings Ltd. 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.
The current year's Selling General Administrative is expected to grow to about 385.9 M. The current year's Tax Provision is expected to grow to about 558.1 M
 2021 2022 2023 2024 (projected)
Operating Income444.3M556.6M1.4B865.3M
Total Revenue7.7B7.4B11.7B6.1B

Greattown Holdings fundamental ratios Correlations

0.81-0.530.710.860.60.640.860.380.570.980.99-0.310.79-0.180.430.610.570.68-0.20.040.780.110.480.12-0.19
0.81-0.620.970.770.610.80.470.40.140.780.71-0.650.89-0.040.280.180.910.29-0.340.510.87-0.37-0.01-0.35-0.55
-0.53-0.62-0.62-0.57-0.37-0.47-0.240.1-0.01-0.5-0.480.7-0.37-0.37-0.11-0.12-0.65-0.20.25-0.33-0.650.30.020.260.43
0.710.97-0.620.730.620.750.310.37-0.060.70.59-0.730.830.020.280.060.940.12-0.450.640.82-0.49-0.13-0.5-0.66
0.860.77-0.570.730.570.450.630.340.270.910.81-0.390.71-0.10.470.420.610.43-0.340.10.62-0.160.34-0.22-0.51
0.60.61-0.370.620.570.460.370.320.080.570.53-0.240.6-0.130.630.130.490.040.070.30.42-0.260.02-0.25-0.36
0.640.8-0.470.750.450.460.390.50.270.560.58-0.580.670.11-0.020.080.830.29-0.260.420.92-0.32-0.13-0.2-0.39
0.860.47-0.240.310.630.370.390.230.830.820.920.080.53-0.250.440.760.160.870.01-0.310.530.540.750.530.2
0.380.40.10.370.340.320.50.230.160.420.330.120.64-0.68-0.09-0.070.380.03-0.150.220.37-0.26-0.15-0.21-0.27
0.570.14-0.01-0.060.270.080.270.830.160.510.660.320.26-0.180.020.55-0.110.760.29-0.470.290.580.580.640.43
0.980.78-0.50.70.910.570.560.820.420.510.96-0.280.78-0.230.420.590.540.61-0.260.040.70.080.470.05-0.25
0.990.71-0.480.590.810.530.580.920.330.660.96-0.220.7-0.180.450.710.450.77-0.14-0.110.730.250.60.26-0.07
-0.31-0.650.7-0.73-0.39-0.24-0.580.080.120.32-0.28-0.22-0.28-0.58-0.10.02-0.80.030.52-0.53-0.680.550.240.510.61
0.790.89-0.370.830.710.60.670.530.640.260.780.7-0.28-0.440.220.130.720.3-0.20.390.7-0.23-0.01-0.2-0.35
-0.18-0.04-0.370.02-0.1-0.130.11-0.25-0.68-0.18-0.23-0.18-0.58-0.44-0.11-0.10.15-0.13-0.110.120.1-0.22-0.14-0.2-0.21
0.430.28-0.110.280.470.63-0.020.44-0.090.020.420.45-0.10.22-0.110.560.080.33-0.05-0.160.150.220.580.11-0.08
0.610.18-0.120.060.420.130.080.76-0.070.550.590.710.020.13-0.10.56-0.080.86-0.01-0.610.320.630.940.60.31
0.570.91-0.650.940.610.490.830.160.38-0.110.540.45-0.80.720.150.08-0.080.05-0.410.660.86-0.64-0.29-0.59-0.75
0.680.29-0.20.120.430.040.290.870.030.760.610.770.030.3-0.130.330.860.05-0.03-0.550.50.660.820.680.37
-0.2-0.340.25-0.45-0.340.07-0.260.01-0.150.29-0.26-0.140.52-0.2-0.11-0.05-0.01-0.41-0.03-0.36-0.370.110.040.190.32
0.040.51-0.330.640.10.30.42-0.310.22-0.470.04-0.11-0.530.390.12-0.16-0.610.66-0.55-0.360.32-0.67-0.68-0.7-0.63
0.780.87-0.650.820.620.420.920.530.370.290.70.73-0.680.70.10.150.320.860.5-0.370.32-0.190.1-0.11-0.38
0.11-0.370.3-0.49-0.16-0.26-0.320.54-0.260.580.080.250.55-0.23-0.220.220.63-0.640.660.11-0.67-0.190.750.970.85
0.48-0.010.02-0.130.340.02-0.130.75-0.150.580.470.60.24-0.01-0.140.580.94-0.290.820.04-0.680.10.750.680.38
0.12-0.350.26-0.5-0.22-0.25-0.20.53-0.210.640.050.260.51-0.2-0.20.110.6-0.590.680.19-0.7-0.110.970.680.91
-0.19-0.550.43-0.66-0.51-0.36-0.390.2-0.270.43-0.25-0.070.61-0.35-0.21-0.080.31-0.750.370.32-0.63-0.380.850.380.91
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Greattown Holdings Account Relationship Matchups

Greattown Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.0B37.8B40.0B34.6B25.3B21.3B
Total Stockholder Equity12.9B13.1B12.6B12.3B12.5B6.5B
Other Liab19.1M11.4M14.3M100.0M115.0M109.3M
Retained Earnings4.6B5.0B4.5B4.2B4.2B2.2B
Accounts Payable5.3B3.7B3.4B2.1B2.3B2.2B
Cash3.8B2.4B6.3B2.4B2.2B1.6B
Other Assets2.7B3.4B3.7B4.2B4.9B5.1B
Long Term Debt5.7B6.6B6.8B3.0B1.9B1.8B
Short Term Investments13.5M34.2M45.1M109.9M89.3M132.0M
Inventory30.2B28.6B25.7B23.4B15.0B15.9B
Total Liab27.7B23.7B26.8B21.9B12.4B14.8B
Intangible Assets3.1M2.2M2.6M1.8M1.1M1.0M
Property Plant Equipment668.0M622.0M683.8M690.4M621.3M1.1B
Other Current Liab10.3B5.9B15.0B956.3M326.4M310.1M
Total Current Liabilities21.9B16.8B19.9B18.9B10.4B16.5B
Net Tangible Assets12.2B12.9B13.1B12.6B14.5B11.8B
Net Receivables1.8B253.4M319.1M243.1M167.6M159.2M
Other Current Assets447.8M110.2M1.1B1.1B711.4M609.1M
Deferred Long Term Liab17.5M20.7M47.0M32.5M37.3M25.4M
Short Long Term Debt615.4M1.0B498.1M148.7M46.1M43.8M
Total Current Assets36.3B32.2B33.7B27.7B18.4B28.2B
Non Current Assets Total5.6B5.6B6.2B7.0B6.9B5.6B
Non Currrent Assets Other3.2M1.3M53.1M52.8M42.1M40.0M
Non Current Liabilities Total5.8B6.9B6.9B3.0B2.0B1.9B
Other Stockholder Equity(113.9M)(23.7M)(197.8M)(201.5M)(181.3M)(172.3M)
Net Debt2.5B5.3B1.0B762.2M686.0M651.7M
Net Invested Capital19.3B20.8B19.9B15.5B14.5B16.3B
Net Working Capital14.4B15.4B13.8B8.8B8.0B11.0B

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Other Information on Investing in Greattown Stock

Balance Sheet is a snapshot of the financial position of Greattown Holdings at a specified time, usually calculated after every quarter, six months, or one year. Greattown Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Greattown Holdings 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 Greattown currently owns. An asset can also be divided into two categories, current and non-current.