Greene Common Stock vs Long Term Investments Analysis
GCBC Stock | USD 31.59 0.72 2.33% |
Greene County financial indicator trend analysis is much more than just examining Greene County Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greene County Bancorp is a good investment. Please check the relationship between Greene County Common Stock and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greene County Bancorp. 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.
Common Stock vs Long Term Investments
Common Stock vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greene County Bancorp Common Stock account and Long Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Greene County's Common Stock and Long Term Investments is 0.37. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Greene County Bancorp, assuming nothing else is changed. The correlation between historical values of Greene County's Common Stock and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Greene County Bancorp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Common Stock i.e., Greene County's Common Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Long Term Investments
Long Term Investments is an item on the asset side of Greene County balance sheet that represents investments Greene County Bancorp intends to hold for over a year. Greene County Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Greene County's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greene County Bancorp 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 Greene County Bancorp. 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. The current year's Selling General Administrative is expected to grow to about 30.5 M. The current year's Tax Provision is expected to grow to about 3.9 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.4M | 23.4M | 52.7M | 55.3M | Depreciation And Amortization | 826K | 871K | 928K | 709.7K |
Greene County fundamental ratios Correlations
Click cells to compare fundamentals
Greene County Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greene County fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.2B | 2.6B | 2.7B | 2.8B | 3.0B | |
Total Stockholder Equity | 128.8M | 149.6M | 157.7M | 183.3M | 206M | 216.3M | |
Property Plant And Equipment Net | 13.7M | 14.1M | 14.4M | 15.0M | 17.7M | 12.7M | |
Net Debt | (19.0M) | (131.7M) | 99.9M | (151.5M) | 5.9M | 6.2M | |
Retained Earnings | 118.3M | 139.8M | 165.1M | 193.7M | 214.7M | 225.5M | |
Cash | 44.5M | 154.3M | 73.1M | 201.0M | (159.6M) | (151.6M) | |
Non Current Assets Total | 624.3M | 902.2M | 1.2B | 1.0B | 2.6B | 2.8B | |
Non Currrent Assets Other | (624.3M) | (902.2M) | (1.2B) | (1.0B) | 1.6B | 1.6B | |
Other Assets | 773.1M | 745.1M | 897.1M | 1.2B | (190.4M) | (180.9M) | |
Cash And Short Term Investments | 271.2M | 545.2M | 481.2M | 482.2M | 190.4M | 117.8M | |
Net Receivables | 8.2M | 7.8M | 8.9M | 12.2M | 14.3M | 15.0M | |
Common Stock Shares Outstanding | 17.1M | 17.1M | 17.1M | 17.0M | 19.6M | 18.4M | |
Liabilities And Stockholders Equity | 1.7B | 2.2B | 2.6B | 2.7B | 2.8B | 3.0B | |
Total Liab | 1.5B | 2.1B | 2.4B | 49.5M | 2.6B | 2.8B | |
Property Plant And Equipment Gross | 13.7M | 14.1M | 27.3M | 28.9M | 27.5M | 14.2M | |
Total Current Assets | 279.4M | 553.0M | 490.1M | 494.4M | 397.9M | 254.0M | |
Accumulated Other Comprehensive Income | (428K) | (1.2M) | (18.4M) | (21.4M) | (19.7M) | (18.7M) | |
Other Current Liab | (17.9M) | (3M) | (123.7M) | 2.1B | (115.3M) | (109.5M) | |
Total Current Liabilities | 17.9M | 3M | 123.7M | 2.1B | 2.2B | 2.4B | |
Accounts Payable | 1.5B | 2.0B | 2.2B | 2.4B | 2.8B | 2.9B | |
Short Long Term Debt Total | 25.5M | 22.6M | 173.0M | 49.5M | 199.1M | 209.1M | |
Other Liab | 12.6M | 13.7M | 16.1M | 18.5M | 21.2M | 22.3M | |
Long Term Debt | 25.5M | 19.6M | 49.3M | 49.5M | 83.8M | 88.0M | |
Short Term Investments | 226.7M | 390.9M | 408.1M | 281.1M | 350.0M | 367.5M | |
Non Current Liabilities Total | 25.5M | 19.6M | 123.7M | 49.5M | 2.6B | 2.8B | |
Inventory | (52.7M) | (162.2M) | (82.1M) | (213.6M) | (261.9M) | (248.8M) | |
Short Term Debt | 17.9M | 3M | 123.7M | 455K | 115.3M | 121.1M | |
Property Plant Equipment | 15.2M | 14.1M | 14.4M | 17.2M | 19.8M | 13.5M | |
Net Tangible Assets | 128.8M | 149.6M | 157.7M | 183.3M | 210.8M | 112.1M | |
Retained Earnings Total Equity | 101.8M | 118.3M | 139.8M | 165.1M | 189.9M | 199.4M | |
Long Term Investments | 610.6M | 888.1M | 1.2B | 1.0B | 1.0B | 868.6M | |
Other Current Assets | 52.7M | 8.5M | 15.2M | 17.5M | 207.5M | 217.9M | |
Short Long Term Debt | 8M | 17.9M | 3M | 123.7M | 115.3M | 121.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Greene County Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greene County's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greene County Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greene County Bancorp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greene County Bancorp. 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. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greene County. If investors know Greene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greene County listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 0.34 | Earnings Share 1.44 | Revenue Per Share 3.763 | Quarterly Revenue Growth (0) |
The market value of Greene County Bancorp is measured differently than its book value, which is the value of Greene that is recorded on the company's balance sheet. Investors also form their own opinion of Greene County's value that differs from its market value or its book value, called intrinsic value, which is Greene County's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greene County's market value can be influenced by many factors that don't directly affect Greene County's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greene County's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greene County is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greene County's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.