Greenchek Average Payables vs Roic Analysis
| GCHK Stock | USD 0.0001 0.00 0.00% |
Greenchek Technology financial indicator trend analysis is much more than just examining Greenchek Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenchek Technology is a good investment. Please check the relationship between Greenchek Technology Average Payables and its Roic accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenchek Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.
Average Payables vs Roic
Average Payables vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenchek Technology Average Payables account and Roic. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Greenchek Technology's Average Payables and Roic is 0.9. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Roic in the same time period over historical financial statements of Greenchek Technology, assuming nothing else is changed. The correlation between historical values of Greenchek Technology's Average Payables and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Greenchek Technology are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Average Payables i.e., Greenchek Technology's Average Payables and Roic go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Greenchek Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenchek Technology 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 Greenchek Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.Selling General Administrative is expected to rise to about 175.3 K this year, although the value of Discontinued Operations will most likely fall to (45.4 K).
| 2010 | 2023 | 2024 (projected) | Non Recurring | 3.1M | 2.8M | 2.5M | Other Operating Expenses | 20.4K | 18.4K | 16.3K |
Greenchek Technology fundamental ratios Correlations
Click cells to compare fundamentals
Greenchek Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenchek Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Industrial Machinery & Supplies & Components 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 Greenchek Technology. If investors know Greenchek 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 Greenchek Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (4.98) |
The market value of Greenchek Technology is measured differently than its book value, which is the value of Greenchek that is recorded on the company's balance sheet. Investors also form their own opinion of Greenchek Technology's value that differs from its market value or its book value, called intrinsic value, which is Greenchek Technology'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 Greenchek Technology's market value can be influenced by many factors that don't directly affect Greenchek Technology'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 Greenchek Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenchek Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenchek Technology'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.