GDOT Stock | | | USD 10.25 0.02 0.20% |
Green Dot financial indicator trend analysis is much more than just examining Green Dot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Dot is a good investment. Please check the relationship between Green Dot Other Assets and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Dot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Green Stock please use our
How to Invest in Green Dot guide.
Other Assets vs Accounts Payable
Other Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Green Dot Other Assets account and
Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Green Dot's Other Assets and Accounts Payable is 0.27. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Green Dot, assuming nothing else is changed. The correlation between historical values of Green Dot's Other Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Green Dot are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Assets i.e., Green Dot's Other Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Accounts Payable
An accounting item on the balance sheet that represents Green Dot obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Green Dot are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Green Dot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Dot 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 Green Dot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Green Stock please use our
How to Invest in Green Dot guide.At this time, Green Dot's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.28 in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(0.92).
Green Dot fundamental ratios Correlations
Click cells to compare fundamentals
Green Dot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Green Dot fundamental ratios Accounts
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Additional Tools for Green Stock Analysis
When running Green Dot's price analysis, check to
measure Green Dot's 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 Green Dot is operating at the current time. Most of Green Dot's value examination focuses on studying past and present price action to
predict the probability of Green Dot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Dot's price. Additionally, you may evaluate how the addition of Green Dot to your portfolios can decrease your overall portfolio volatility.