688466 Stock | | | 15.96 0.21 1.33% |
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 Non Current Liabilities Total and its Non Current Assets Total 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.
Non Current Liabilities Total vs Non Current Assets Total
Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GreenTech Environmental Non Current Liabilities Total account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GreenTech Environmental's Non Current Liabilities Total and Non Current Assets Total is 0.93. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total 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 Non Current Liabilities Total and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of GreenTech Environmental Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., GreenTech Environmental's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
GreenTech Environmental fundamental ratios Correlations
Click cells to compare fundamentals
GreenTech Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GreenTech Environmental fundamental ratios Accounts
Currently Active Assets on Macroaxis
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.