Greif Non Current Assets Total vs Property Plant Equipment Analysis

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 Property Plant Equipment 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 Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment 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 Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greif's Non Current Assets Total and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment 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 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 Non Current Assets Total of Greif Inc 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 Non Current Assets Total i.e., Greif's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Property Plant Equipment

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.
 2021 2022 2023 2024 (projected)
Interest Expense61.2M96.3M110.7M65.3M
Depreciation And Amortization252.3M230.6M265.2M278.4M

Greif fundamental ratios Correlations

0.970.610.720.90.810.570.960.930.691.00.790.80.780.830.79-0.650.970.620.58-0.840.980.690.770.870.81
0.970.540.670.780.790.461.00.830.60.980.650.690.760.760.69-0.530.990.520.58-0.760.980.660.720.890.74
0.610.540.940.450.860.890.540.470.940.570.690.310.870.840.53-0.830.590.940.73-0.560.650.70.920.540.78
0.720.670.940.570.920.790.670.580.980.690.640.440.960.860.58-0.730.690.930.72-0.620.760.860.980.740.84
0.90.780.450.570.660.480.760.980.580.890.820.90.590.70.8-0.570.760.530.43-0.790.790.580.630.710.71
0.810.790.860.920.660.80.790.690.880.80.690.550.930.910.69-0.720.810.810.8-0.740.840.760.960.740.94
0.570.460.890.790.480.80.450.540.810.540.80.440.710.890.66-0.950.530.810.74-0.70.590.470.80.370.84
0.961.00.540.670.760.790.450.80.590.970.630.660.760.750.67-0.520.990.520.57-0.740.980.660.710.890.73
0.930.830.470.580.980.690.540.80.590.920.840.940.630.780.84-0.630.820.510.48-0.890.840.580.650.720.78
0.690.60.940.980.580.880.810.590.590.640.690.460.940.860.59-0.750.630.960.64-0.640.70.840.970.660.84
1.00.980.570.690.890.80.540.970.920.640.770.80.740.810.78-0.620.970.570.57-0.830.980.650.740.860.79
0.790.650.690.640.820.690.80.630.840.690.770.730.620.830.79-0.880.70.70.48-0.830.740.490.680.490.78
0.80.690.310.440.90.550.440.660.940.460.80.730.480.680.79-0.530.690.330.39-0.870.70.470.520.610.71
0.780.760.870.960.590.930.710.760.630.940.740.620.480.870.59-0.640.770.870.66-0.680.810.910.980.750.86
0.830.760.840.860.70.910.890.750.780.860.810.830.680.870.78-0.880.810.780.76-0.90.840.690.910.660.96
0.790.690.530.580.80.690.660.670.840.590.780.790.790.590.78-0.660.710.530.54-0.750.730.450.640.580.78
-0.65-0.53-0.83-0.73-0.57-0.72-0.95-0.52-0.63-0.75-0.62-0.88-0.53-0.64-0.88-0.66-0.6-0.76-0.670.75-0.66-0.42-0.73-0.43-0.78
0.970.990.590.690.760.810.530.990.820.630.970.70.690.770.810.71-0.60.550.61-0.790.990.640.740.860.77
0.620.520.940.930.530.810.810.520.510.960.570.70.330.870.780.53-0.760.550.57-0.510.630.770.910.560.73
0.580.580.730.720.430.80.740.570.480.640.570.480.390.660.760.54-0.670.610.57-0.580.620.50.750.560.76
-0.84-0.76-0.56-0.62-0.79-0.74-0.7-0.74-0.89-0.64-0.83-0.83-0.87-0.68-0.9-0.750.75-0.79-0.51-0.58-0.8-0.56-0.71-0.59-0.89
0.980.980.650.760.790.840.590.980.840.70.980.740.70.810.840.73-0.660.990.630.62-0.80.70.790.890.8
0.690.660.70.860.580.760.470.660.580.840.650.490.470.910.690.45-0.420.640.770.5-0.560.70.870.740.68
0.770.720.920.980.630.960.80.710.650.970.740.680.520.980.910.64-0.730.740.910.75-0.710.790.870.720.9
0.870.890.540.740.710.740.370.890.720.660.860.490.610.750.660.58-0.430.860.560.56-0.590.890.740.720.64
0.810.740.780.840.710.940.840.730.780.840.790.780.710.860.960.78-0.780.770.730.76-0.890.80.680.90.64
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Greif Account Relationship Matchups

Greif fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B5.8B5.5B6.0B6.9B7.2B
Short Long Term Debt Total2.8B2.5B2.2B2.5B2.9B3.1B
Other Current Liab317.8M357M334.4M269.4M309.8M185.7M
Total Current Liabilities1.0B1.3B1.0B939.3M1.1B605.2M
Total Stockholder Equity1.2B1.5B1.8B1.9B2.2B2.4B
Property Plant And Equipment Net1.8B1.8B1.7B1.9B2.2B1.1B
Net Debt2.7B2.4B2.0B2.4B2.7B2.8B
Retained Earnings1.5B1.8B2.1B2.3B2.7B2.8B
Accounts Payable450.7M704.5M561.3M497.8M572.5M333.8M
Non Current Assets Total4.2B4.2B4.0B4.6B5.3B5.5B
Non Currrent Assets Other140M177.3M210M200.2M230.2M241.7M
Cash And Short Term Investments105.9M124.6M147.1M180.9M208.0M218.4M
Net Receivables636.6M889.5M749.1M659.4M758.3M413.8M
Common Stock Total Equity162.6M170.2M179.3M173.5M199.5M152.0M
Common Stock Shares Outstanding59.3M59.7M59.6M58.3M67.0M62.6M
Liabilities And Stockholders Equity5.5B5.8B5.5B6.0B6.9B7.2B
Non Current Liabilities Total3.3B2.9B2.6B2.9B3.3B3.5B
Inventory293.6M499.2M403.3M338.6M389.4M261.8M
Other Current Assets266.7M150.8M199.9M190.2M218.7M123.4M
Other Stockholder Equity(134.4M)(134.1M)(205.1M)(281.9M)(253.7M)(241.0M)
Total Liab4.3B4.2B3.7B3.8B4.4B4.6B
Property Plant And Equipment Gross1.6B3.1B3.0B1.9B2.1B1.2B
Total Current Assets1.3B1.7B1.5B1.4B1.6B895.7M
Accumulated Other Comprehensive Income(427.5M)(356.5M)(302.3M)(316.5M)(284.9M)(299.1M)
Short Term Debt203.8M224.8M126.6M150.9M173.5M182.2M
Common Stock170.2M179.3M173.5M208.4M239.7M136.9M
Cash105.9M124.6M147.1M180.9M208.0M218.4M
Intangible Assets715.3M648.4M576.2M792.2M911.0M956.6M
Good Will1.5B1.5B1.5B1.7B1.9B2.0B
Net Tangible Assets(1.1B)(649.5M)(279.4M)(537.3M)(483.6M)(459.4M)
Noncontrolling Interest In Consolidated Entity46.4M58M61.3M33M29.7M43.2M
Long Term Debt2.3B2.1B1.8B2.1B2.4B1.7B
Retained Earnings Total Equity1.5B1.5B1.8B2.1B2.4B1.7B
Long Term Debt Total884.1M2.7B2.1B1.8B2.1B1.6B
Non Current Liabilities Other696.9M607.7M553.6M548.3M630.5M454.2M
Accumulated Depreciation(1.3B)(1.3B)(1.6B)(1.6B)(1.4B)(1.5B)

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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.