GEF-B Stock | | | USD 75.74 0.58 0.77% |
Greif financial indicator trend analysis is much more than just examining Greif Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greif Inc is a good investment. Please check the relationship between Greif Non Current Assets Total and its Long Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greif Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Current Assets Total vs Long Term Debt
Non Current Assets Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Greif Inc Non Current Assets Total account and
Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greif's Non Current Assets Total and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Greif Inc, assuming nothing else is changed. The correlation between historical values of Greif's Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Greif Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Greif's Non Current Assets Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Long Term Debt
Long-term debt is a debt that Greif Inc has held for over one year. Long-term debt appears on Greif Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Greif Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Greif's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greif Inc 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 Greif Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, Greif's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 11.98, whereas
Selling General Administrative is forecasted to decline to about 348
M.
Greif fundamental ratios Correlations
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Greif Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greif fundamental ratios Accounts
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Other Information on Investing in Greif Stock
Balance Sheet is a snapshot of the
financial position of Greif Inc at a specified time, usually calculated after every quarter, six months, or one year. Greif Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Greif 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 Greif currently owns. An asset can also be divided into two categories, current and non-current.