GreenTech Total Liab vs Net Receivables Analysis

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 Total Liab and its Net Receivables 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.

Total Liab vs Net Receivables

Total Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenTech Environmental Total Liab account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GreenTech Environmental's Total Liab and Net Receivables is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables 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 Total Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of GreenTech Environmental Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., GreenTech Environmental's Total Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Receivables

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

0.890.980.990.970.990.970.990.860.910.650.970.860.64-0.310.990.910.990.940.480.990.790.940.790.710.86
0.890.950.890.880.920.950.910.70.790.440.910.930.44-0.030.90.630.880.80.440.930.620.860.760.560.77
0.980.950.970.950.971.00.980.810.880.570.970.930.57-0.140.990.820.970.890.510.990.730.960.790.650.84
0.990.890.970.980.970.971.00.830.910.610.970.840.59-0.370.980.890.960.940.510.990.750.930.830.660.91
0.970.880.950.980.940.950.980.770.840.540.990.840.51-0.340.950.840.920.910.50.980.660.920.910.580.94
0.990.920.970.970.940.960.970.850.90.650.960.860.65-0.270.970.870.990.910.470.970.790.90.750.720.82
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
0.990.910.981.00.980.970.980.820.90.580.980.870.56-0.30.980.870.960.930.551.00.730.950.840.630.91
0.860.70.810.830.770.850.80.820.930.930.810.690.93-0.330.840.870.870.940.370.810.980.780.570.930.65
0.910.790.880.910.840.90.870.90.930.750.850.720.75-0.420.90.880.890.970.610.890.90.820.620.770.81
0.650.440.570.610.540.650.550.580.930.750.610.480.99-0.290.620.750.690.780.140.570.950.570.370.940.39
0.970.910.970.970.990.960.960.980.810.850.610.90.58-0.220.970.830.950.910.460.980.710.950.880.640.89
0.860.930.930.840.840.860.920.870.690.720.480.90.470.170.910.640.880.740.390.890.610.910.710.540.7
0.640.440.570.590.510.650.550.560.930.750.990.580.47-0.260.620.750.70.760.130.550.960.560.30.960.35
-0.31-0.03-0.14-0.37-0.34-0.27-0.15-0.3-0.33-0.42-0.29-0.220.17-0.26-0.18-0.44-0.2-0.46-0.19-0.26-0.31-0.08-0.28-0.28-0.46
0.990.90.990.980.950.970.980.980.840.90.620.970.910.62-0.180.890.980.910.530.980.770.980.780.670.85
0.910.630.820.890.840.870.820.870.870.880.750.830.640.75-0.440.890.910.890.440.840.840.860.60.760.75
0.990.880.970.960.920.990.960.960.870.890.690.950.880.7-0.20.980.910.90.420.960.820.940.710.760.78
0.940.80.890.940.910.910.890.930.940.970.780.910.740.76-0.460.910.890.90.510.920.880.850.750.790.85
0.480.440.510.510.50.470.50.550.370.610.140.460.390.13-0.190.530.440.420.510.520.310.480.420.030.69
0.990.930.990.990.980.970.991.00.810.890.570.980.890.55-0.260.980.840.960.920.520.720.950.840.640.9
0.790.620.730.750.660.790.720.730.980.90.950.710.610.96-0.310.770.840.820.880.310.720.70.410.950.53
0.940.860.960.930.920.90.970.950.780.820.570.950.910.56-0.080.980.860.940.850.480.950.70.780.610.81
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.