GreenTech Begin Period Cash Flow vs Net Income Analysis

688466 Stock   15.75  0.84  5.63%   
GreenTech Environmental financial indicator trend analysis is much more than just examining GreenTech Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenTech Environmental is a good investment. Please check the relationship between GreenTech Environmental Begin Period Cash Flow and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GreenTech Environmental Co. 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.

Begin Period Cash Flow vs Net Income

Begin Period Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenTech Environmental Begin Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between GreenTech Environmental's Begin Period Cash Flow and Net Income is 0.74. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of GreenTech Environmental Co, assuming nothing else is changed. The correlation between historical values of GreenTech Environmental's Begin Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of GreenTech Environmental Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Begin Period Cash Flow i.e., GreenTech Environmental's Begin Period Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in GreenTech Environmental financial statement analysis. It represents the amount of money remaining after all of GreenTech Environmental Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from GreenTech Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenTech Environmental 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 GreenTech Environmental Co. 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 40.8 M, whereas Tax Provision is forecasted to decline to about 10.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit181.3M228.8M224.2M173.8M
Total Revenue559.5M670.9M572.8M508.3M

GreenTech Environmental fundamental ratios Correlations

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0.970.951.00.970.950.960.980.80.870.550.960.920.55-0.150.980.820.960.890.50.990.720.970.790.650.84
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0.790.760.790.830.910.750.790.840.570.620.370.880.710.3-0.280.780.60.710.750.420.840.410.780.360.89
0.710.560.650.660.580.720.650.630.930.770.940.640.540.96-0.280.670.760.760.790.030.640.950.610.360.37
0.860.770.840.910.940.820.840.910.650.810.390.890.70.35-0.460.850.750.780.850.690.90.530.810.890.37
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GreenTech Environmental Account Relationship Matchups

GreenTech Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets741.6M1.5B1.7B1.8B2.1B1.2B
Other Current Liab98.8M104.7M110.0M129.8M95.7M89.7M
Total Current Liabilities385.9M507.1M574.3M603.0M599.4M445.9M
Total Stockholder Equity335.4M965.5M1.0B1.1B1.1B701.1M
Net Tangible Assets301.7M932.8M743.5M753.9M866.9M504.7M
Retained Earnings182.3M246.3M301.4M340.0M385.3M230.8M
Accounts Payable253.0M362.5M398.6M443.0M404.2M309.9M
Cash194.7M450.4M484.5M470.1M501.0M327.1M
Non Current Assets Total105.4M275.0M438.8M548.2M850.7M893.2M
Other Assets3.6M19.3M50.9M38.9M44.7M47.0M
Long Term Debt10M7M40.9M110.3M292.4M307.0M
Net Receivables157.6M286.3M237.9M244.9M299.9M209.2M
Non Current Liabilities Total13.0M5.7M50.5M142.9M329.8M346.3M
Inventory241.3M64.7M57.9M52.3M71.8M89.0M
Other Current Assets42.6M67.4M81.6M75.9M95.9M59.2M
Other Stockholder Equity511.9K491.3K582.0K637.5K733.1K606.3K
Total Liab398.9M512.8M624.9M745.9M929.2M530.0M
Short Long Term Debt22.9M24M53.5M11.8M21.3M24.3M
Total Current Assets636.2M1.2B1.2B1.3B1.3B921.5M
Intangible Assets30.4M31.4M292.6M410.7M653.2M685.8M
Property Plant Equipment25.1M68.1M223.0M100.0M115.0M86.1M
Other Liab6.0M5.7M6.7M31.7M36.5M38.3M
Non Currrent Assets Other323.5K370.9K27.1M13.3M16.8M10.7M
Net Invested Capital365.3M989.5M1.1B1.2B1.5B882.2M
Net Working Capital250.3M705.6M664.6M698.2M670.6M525.5M

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Other Information on Investing in GreenTech Stock

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