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 Stockholder Equity and its Non Current Liabilities 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.
Total Stockholder Equity vs Non Current Liabilities Total
Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GreenTech Environmental Total Stockholder Equity account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GreenTech Environmental's Total Stockholder Equity and Non Current Liabilities Total is 0.59. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Liabilities 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 Total Stockholder Equity and Non Current Liabilities 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 Total Stockholder Equity of GreenTech Environmental Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Stockholder Equity i.e., GreenTech Environmental's Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Non Current Liabilities Total
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.