GBX Stock | | | USD 65.95 1.61 2.50% |
Greenbrier Companies financial indicator trend analysis is much more than just examining Greenbrier Companies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenbrier Companies is a good investment. Please check the relationship between Greenbrier Companies Good Will and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenbrier Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Greenbrier Stock please use our
How to Invest in Greenbrier Companies guide.
Good Will vs Property Plant Equipment
Good Will vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Greenbrier Companies Good Will account and
Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Greenbrier Companies' Good Will and Property Plant Equipment is 0.27. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Greenbrier Companies, assuming nothing else is changed. The correlation between historical values of Greenbrier Companies' Good Will and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Greenbrier Companies are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., Greenbrier Companies' Good Will and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Property Plant Equipment
Most indicators from Greenbrier Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenbrier Companies 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenbrier Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Greenbrier Stock please use our
How to Invest in Greenbrier Companies guide.At this time, Greenbrier Companies'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 7.15 in 2024, whereas
Tax Provision is likely to drop slightly above 37.4
M in 2024.
Greenbrier Companies fundamental ratios Correlations
Click cells to compare fundamentals
Greenbrier Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenbrier Companies fundamental ratios Accounts
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Additional Tools for Greenbrier Stock Analysis
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measure Greenbrier Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greenbrier Companies is operating at the current time. Most of Greenbrier Companies' value examination focuses on studying past and present price action to
predict the probability of Greenbrier Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenbrier Companies' price. Additionally, you may evaluate how the addition of Greenbrier Companies to your portfolios can decrease your overall portfolio volatility.