GRIPM Net Debt vs Cash Analysis

688456 Stock

32.80 1.69 5.43%

GRIPM Advanced financial indicator trend analysis is much more than just examining GRIPM Advanced Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GRIPM Advanced Materials is a good investment. Please check the relationship between GRIPM Advanced Net Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GRIPM Advanced Materials. 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GRIPM Advanced Materials Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between GRIPM Advanced's Net Debt and Cash is -0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of GRIPM Advanced Materials, assuming nothing else is changed. The correlation between historical values of GRIPM Advanced's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of GRIPM Advanced Materials are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., GRIPM Advanced's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of GRIPM Advanced Materials, which is listed under current asset account on GRIPM Advanced Materials balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GRIPM Advanced customers. The amounts must be unrestricted with restricted cash listed in a different GRIPM Advanced account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from GRIPM Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GRIPM Advanced Materials 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 GRIPM Advanced Materials. 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 34 M. The current year's Tax Provision is expected to grow to about 5.2 M

	2021	2022	2023	2024 (projected)
Interest Expense	2.0M	3.9M	5.0M	3.1M
Depreciation And Amortization	35.1M	40.2M	46.3M	29.4M

Interest Expense Depreciation And Amortization

GRIPM Advanced fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt
Total Assets		0.83	-0.4	0.97	0.99	0.96	-0.92	0.77	0.98	0.96	0.97	0.6	0.96	-0.48	0.99	0.46	0.89	0.97	-0.8	0.97	0.98	0.99	0.76	0.87	0.96	-0.48
Short Long Term Debt Total	0.83		-0.53	0.82	0.79	0.85	-0.66	0.81	0.73	0.81	0.79	0.32	0.79	-0.39	0.86	0.26	0.74	0.91	-0.39	0.75	0.83	0.83	0.99	0.5	0.74	-0.39
Other Current Liab	-0.4	-0.53		-0.35	-0.39	-0.46	0.2	-0.43	-0.37	-0.25	-0.4	0.22	-0.27	0.7	-0.44	0.0	-0.18	-0.56	-0.04	-0.36	-0.34	-0.39	-0.59	-0.29	-0.37	0.7
Total Current Liabilities	0.97	0.82	-0.35		0.95	0.97	-0.9	0.8	0.94	0.94	0.96	0.58	0.94	-0.52	0.95	0.42	0.87	0.94	-0.8	0.92	1.0	0.96	0.75	0.79	0.91	-0.52
Total Stockholder Equity	0.99	0.79	-0.39	0.95		0.95	-0.93	0.71	0.98	0.96	0.96	0.63	0.96	-0.45	0.99	0.47	0.9	0.95	-0.83	0.98	0.95	0.99	0.72	0.91	0.98	-0.45
Property Plant And Equipment Net	0.96	0.85	-0.46	0.97	0.95		-0.9	0.75	0.91	0.94	0.99	0.6	0.88	-0.55	0.95	0.24	0.9	0.95	-0.77	0.94	0.97	0.93	0.8	0.82	0.93	-0.55
Net Debt	-0.92	-0.66	0.2	-0.9	-0.93	-0.9		-0.57	-0.87	-0.97	-0.94	-0.85	-0.88	0.51	-0.91	-0.29	-0.97	-0.82	0.92	-0.93	-0.92	-0.9	-0.56	-0.88	-0.92	0.51
Retained Earnings	0.77	0.81	-0.43	0.8	0.71	0.75	-0.57		0.75	0.68	0.69	0.18	0.7	-0.38	0.78	0.33	0.56	0.85	-0.41	0.6	0.78	0.8	0.82	0.45	0.57	-0.38
Accounts Payable	0.98	0.73	-0.37	0.94	0.98	0.91	-0.87	0.75		0.89	0.92	0.52	0.95	-0.43	0.95	0.57	0.8	0.94	-0.82	0.95	0.94	0.98	0.66	0.9	0.94	-0.43
Cash	0.96	0.81	-0.25	0.94	0.96	0.94	-0.97	0.68	0.89		0.95	0.77	0.93	-0.43	0.96	0.33	0.98	0.9	-0.84	0.94	0.95	0.94	0.73	0.83	0.94	-0.43
Non Current Assets Total	0.97	0.79	-0.4	0.96	0.96	0.99	-0.94	0.69	0.92	0.95		0.68	0.89	-0.53	0.95	0.26	0.93	0.92	-0.84	0.96	0.96	0.93	0.73	0.89	0.96	-0.53
Non Currrent Assets Other	0.6	0.32	0.22	0.58	0.63	0.6	-0.85	0.18	0.52	0.77	0.68		0.57	-0.24	0.59	0.0	0.86	0.42	-0.85	0.66	0.62	0.56	0.21	0.68	0.66	-0.24
Cash And Short Term Investments	0.96	0.79	-0.27	0.94	0.96	0.88	-0.88	0.7	0.95	0.93	0.89	0.57		-0.36	0.95	0.64	0.85	0.91	-0.78	0.94	0.94	0.97	0.71	0.81	0.93	-0.36
Good Will	-0.48	-0.39	0.7	-0.52	-0.45	-0.55	0.51	-0.38	-0.43	-0.43	-0.53	-0.24	-0.36		-0.49	0.07	-0.42	-0.5	0.34	-0.42	-0.52	-0.44	-0.37	-0.4	-0.44	1.0
Common Stock Shares Outstanding	0.99	0.86	-0.44	0.95	0.99	0.95	-0.91	0.78	0.95	0.96	0.95	0.59	0.95	-0.49		0.43	0.9	0.97	-0.76	0.95	0.96	0.99	0.8	0.85	0.94	-0.49
Short Term Investments	0.46	0.26	0.0	0.42	0.47	0.24	-0.29	0.33	0.57	0.33	0.26	0.0	0.64	0.07	0.43		0.18	0.42	-0.33	0.44	0.4	0.53	0.19	0.39	0.43	0.07
Non Current Liabilities Total	0.89	0.74	-0.18	0.87	0.9	0.9	-0.97	0.56	0.8	0.98	0.93	0.86	0.85	-0.42	0.9	0.18		0.81	-0.85	0.9	0.9	0.86	0.65	0.81	0.9	-0.42
Inventory	0.97	0.91	-0.56	0.94	0.95	0.95	-0.82	0.85	0.94	0.9	0.92	0.42	0.91	-0.5	0.97	0.42	0.81		-0.64	0.91	0.94	0.97	0.88	0.77	0.9	-0.5
Other Current Assets	-0.8	-0.39	-0.04	-0.8	-0.83	-0.77	0.92	-0.41	-0.82	-0.84	-0.84	-0.85	-0.78	0.34	-0.76	-0.33	-0.85	-0.64		-0.85	-0.81	-0.77	-0.27	-0.9	-0.85	0.34
Other Stockholder Equity	0.97	0.75	-0.36	0.92	0.98	0.94	-0.93	0.6	0.95	0.94	0.96	0.66	0.94	-0.42	0.95	0.44	0.9	0.91	-0.85		0.93	0.95	0.67	0.94	1.0	-0.42
Total Liab	0.98	0.83	-0.34	1.0	0.95	0.97	-0.92	0.78	0.94	0.95	0.96	0.62	0.94	-0.52	0.96	0.4	0.9	0.94	-0.81	0.93		0.96	0.75	0.81	0.92	-0.52
Total Current Assets	0.99	0.83	-0.39	0.96	0.99	0.93	-0.9	0.8	0.98	0.94	0.93	0.56	0.97	-0.44	0.99	0.53	0.86	0.97	-0.77	0.95	0.96		0.76	0.85	0.93	-0.44
Short Term Debt	0.76	0.99	-0.59	0.75	0.72	0.8	-0.56	0.82	0.66	0.73	0.73	0.21	0.71	-0.37	0.8	0.19	0.65	0.88	-0.27	0.67	0.75	0.76		0.42	0.65	-0.37
Intangible Assets	0.87	0.5	-0.29	0.79	0.91	0.82	-0.88	0.45	0.9	0.83	0.89	0.68	0.81	-0.4	0.85	0.39	0.81	0.77	-0.9	0.94	0.81	0.85	0.42		0.94	-0.4
Common Stock	0.96	0.74	-0.37	0.91	0.98	0.93	-0.92	0.57	0.94	0.94	0.96	0.66	0.93	-0.44	0.94	0.43	0.9	0.9	-0.85	1.0	0.92	0.93	0.65	0.94		-0.44
Long Term Debt	-0.48	-0.39	0.7	-0.52	-0.45	-0.55	0.51	-0.38	-0.43	-0.43	-0.53	-0.24	-0.36	1.0	-0.49	0.07	-0.42	-0.5	0.34	-0.42	-0.52	-0.44	-0.37	-0.4	-0.44

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GRIPM Advanced Account Relationship Matchups

GRIPM Advanced fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	904.2M	994.1M	1.4B	1.5B	1.6B	1.2B
Short Long Term Debt Total	50.7M	35.7M	82.4M	106.9M	122.9M	69.3M
Other Current Liab	122.6M	72.8M	57.3M	49.3M	895.8K	851.0K
Total Current Liabilities	241.2M	233.0M	310.8M	292.8M	375.2M	278.1M
Total Stockholder Equity	638.0M	746.2M	1.1B	1.1B	1.2B	888.3M
Property Plant And Equipment Net	211.6M	222.2M	257.8M	310.6M	407.7M	268.0M
Net Debt	(112.2M)	(69.4M)	(98.5M)	(140.3M)	(126.2M)	(119.9M)
Retained Earnings	162.4M	262.3M	327.2M	355.0M	388.3M	289.2M
Accounts Payable	77.9M	124.4M	181.7M	145.3M	172.3M	127.6M
Cash	162.8M	105.1M	180.9M	247.2M	230.0M	162.9M
Non Current Assets Total	294.1M	310.4M	336.5M	407.6M	502.1M	350.9M
Non Currrent Assets Other	34.5M	18.0M	11.4M	28.9M	15.3M	19.3M
Cash And Short Term Investments	163.1M	105.6M	337.9M	252.5M	290.4M	177.8M
Common Stock Shares Outstanding	70.8M	73.8M	96.7M	104.6M	103.7M	90.1M
Liabilities And Stockholders Equity	904.2M	994.1M	1.4B	1.5B	1.7B	1.1B
Non Current Liabilities Total	25.0M	14.9M	18.7M	31.7M	28.0M	21.6M
Inventory	109.4M	137.5M	201.8M	211.9M	242.1M	177.3M
Other Current Assets	11.7M	17.1M	69.0M	78.4M	90.1M	97.7M
Other Stockholder Equity	401.9M	410.3M	660.8M	662.8M	762.2M	473.0M
Total Liab	266.2M	247.8M	329.5M	324.5M	403.2M	299.7M
Total Current Assets	610.1M	683.7M	1.1B	1.0B	1.1B	853.5M
Short Term Debt	40.7M	35.7M	71.8M	98.2M	113.0M	64.0M
Intangible Assets	43.0M	64.7M	61.6M	61.2M	59.5M	55.4M

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Other Information on Investing in GRIPM Stock

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

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GRIPM Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

GRIPM Advanced fundamental ratios Correlations

GRIPM Advanced Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GRIPM Advanced fundamental ratios Accounts

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Other Information on Investing in GRIPM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Long Term Debt	+ 1.0	Good Will
Common Stock	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Non Current Liabilities Total	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Non Current Assets Total	- 0.94	Net Debt
Other Stockholder Equity	- 0.93	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Common Stock	- 0.92	Net Debt