Great Ebit vs Other Operating Expenses Analysis

GEG Stock  USD 1.80  0.02  1.10%   
Great Elm financial indicator trend analysis is much more than just examining Great Elm Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Elm Group is a good investment. Please check the relationship between Great Elm Ebit and its Other Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Elm Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Ebit vs Other Operating Expenses

Ebit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Elm Group Ebit account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Great Elm's Ebit and Other Operating Expenses is -0.14. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Great Elm Group, assuming nothing else is changed. The correlation between historical values of Great Elm's Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Great Elm Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., Great Elm's Ebit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Great Elm Group. It is also known as Great Elm overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Great Elm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Elm Group 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 Great Elm Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Great Elm's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Great Elm's current Enterprise Value Multiple is estimated to increase to 14.74, while Sales General And Administrative To Revenue is projected to decrease to 0.97.
 2021 2022 2023 2024 (projected)
Total Operating Expenses8.4M9.7M8.8M8.4M
Cost Of Revenue63.7M10.2M16.9M16.0M

Great Elm fundamental ratios Correlations

0.850.130.190.430.70.7-0.540.37-0.130.80.510.190.680.70.91-0.240.550.920.2-0.110.24-0.520.83-0.51-0.42
0.85-0.220.030.280.590.82-0.430.21-0.120.770.670.030.620.680.86-0.30.420.860.080.010.02-0.40.92-0.39-0.47
0.13-0.220.460.070.17-0.110.020.39-0.24-0.01-0.420.15-0.05-0.09-0.050.61-0.010.060.16-0.070.520.0-0.160.00.12
0.190.030.46-0.10.36-0.1-0.160.470.140.2-0.030.00.23-0.24-0.040.190.180.18-0.090.78-0.24-0.18-0.18-0.19-0.12
0.430.280.07-0.10.040.15-0.440.30.040.210.320.330.180.470.140.150.450.140.3-0.210.31-0.440.32-0.44-0.31
0.70.590.170.360.040.78-0.150.59-0.610.920.52-0.460.890.320.67-0.160.160.67-0.430.05-0.11-0.130.46-0.12-0.43
0.70.82-0.11-0.10.150.78-0.10.3-0.640.870.68-0.410.770.60.76-0.210.090.7-0.29-0.20.05-0.060.77-0.05-0.56
-0.54-0.430.02-0.16-0.44-0.15-0.1-0.14-0.39-0.22-0.14-0.54-0.05-0.5-0.40.19-1.0-0.46-0.44-0.15-0.011.0-0.381.00.29
0.370.210.390.470.30.590.3-0.14-0.40.520.31-0.310.6-0.060.170.450.160.23-0.30.14-0.11-0.160.14-0.160.06
-0.13-0.12-0.240.140.04-0.61-0.64-0.39-0.4-0.54-0.330.76-0.52-0.09-0.19-0.230.38-0.070.650.36-0.08-0.41-0.14-0.410.25
0.80.77-0.010.20.210.920.87-0.220.52-0.540.79-0.430.840.410.77-0.180.240.73-0.41-0.02-0.17-0.20.67-0.19-0.43
0.510.67-0.42-0.030.320.520.68-0.140.31-0.330.79-0.470.570.240.5-0.20.150.41-0.480.06-0.44-0.130.57-0.12-0.33
0.190.030.150.00.33-0.46-0.41-0.54-0.310.76-0.43-0.47-0.390.360.07-0.070.510.170.95-0.060.55-0.530.12-0.530.05
0.680.62-0.050.230.180.890.77-0.050.6-0.520.840.57-0.390.420.64-0.240.060.63-0.320.0-0.04-0.020.5-0.02-0.43
0.70.68-0.09-0.240.470.320.6-0.5-0.06-0.090.410.240.360.420.66-0.350.480.640.41-0.320.51-0.460.72-0.45-0.67
0.910.86-0.05-0.040.140.670.76-0.40.17-0.190.770.50.070.640.66-0.40.40.930.11-0.260.19-0.370.88-0.36-0.29
-0.24-0.30.610.190.15-0.16-0.210.190.45-0.23-0.18-0.2-0.07-0.24-0.35-0.4-0.18-0.34-0.08-0.050.220.16-0.220.160.32
0.550.42-0.010.180.450.160.09-1.00.160.380.240.150.510.060.480.4-0.180.440.390.16-0.01-1.00.38-1.0-0.28
0.920.860.060.180.140.670.7-0.460.23-0.070.730.410.170.630.640.93-0.340.440.25-0.070.2-0.420.8-0.41-0.36
0.20.080.16-0.090.3-0.43-0.29-0.44-0.30.65-0.41-0.480.95-0.320.410.11-0.080.390.25-0.170.64-0.420.16-0.410.02
-0.110.01-0.070.78-0.210.05-0.2-0.150.140.36-0.020.06-0.060.0-0.32-0.26-0.050.16-0.07-0.17-0.6-0.17-0.26-0.18-0.17
0.240.020.52-0.240.31-0.110.05-0.01-0.11-0.08-0.17-0.440.55-0.040.510.190.22-0.010.20.64-0.60.010.210.02-0.1
-0.52-0.40.0-0.18-0.44-0.13-0.061.0-0.16-0.41-0.2-0.13-0.53-0.02-0.46-0.370.16-1.0-0.42-0.42-0.170.01-0.351.00.25
0.830.92-0.16-0.180.320.460.77-0.380.14-0.140.670.570.120.50.720.88-0.220.380.80.16-0.260.21-0.35-0.34-0.33
-0.51-0.390.0-0.19-0.44-0.12-0.051.0-0.16-0.41-0.19-0.12-0.53-0.02-0.45-0.360.16-1.0-0.41-0.41-0.180.021.0-0.340.24
-0.42-0.470.12-0.12-0.31-0.43-0.560.290.060.25-0.43-0.330.05-0.43-0.67-0.290.32-0.28-0.360.02-0.17-0.10.25-0.330.24
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Great Elm Account Relationship Matchups

Great Elm fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.4M161.9M168.1M135.9M140.4M133.4M
Short Long Term Debt Total112.3M29.6M73.9M63.4M61.2M69.7M
Other Current Liab3.6M19.2M18.1M6.3M7.7M7.3M
Total Current Liabilities25.5M33.0M19.7M7.4M8.4M7.9M
Total Stockholder Equity60.8M54.4M33.5M63.8M62.7M59.6M
Property Plant And Equipment Net14.3M13.6M11.8M497K225K213.8K
Net Debt71.7M5.2M50.3M3.3M10.7M11.2M
Retained Earnings(3.3B)(3.3B)(3.3B)(3.3B)(3.3B)(3.4B)
Accounts Payable5.0M5.5M8K191K317K301.2K
Cash40.5M24.4M23.6M60.2M50.5M66.9M
Non Current Assets Total134.1M73.3M83.6M12.8M12.9M12.2M
Non Currrent Assets Other54.7M258K249K143K1.6M1.5M
Cash And Short Term Investments49.2M74.9M73.4M117.4M116.5M119.3M
Net Receivables9.1M8.2M2.4M3.3M2.3M2.1M
Common Stock Shares Outstanding25.4M25.7M26.8M41.0M30.0M31.5M
Liabilities And Stockholders Equity195.4M161.9M168.1M135.9M140.4M133.4M
Non Current Liabilities Total105.3M65.0M106.1M64.7M61.9M56.2M
Other Current Assets738K4.4M9.9M717K3.0M2.9M
Other Stockholder Equity3.3B3.3B3.3B3.3B3.3B3.2B
Total Liab130.8M98.0M125.8M72.1M70.3M112.2M
Total Current Assets61.3M88.5M84.4M123.1M127.6M160.4M
Short Term Debt11.3M3.9M341K718K274K260.3K
Short Term Investments8.7M50.5M49.8M57.2M66.0M54.4M
Other Assets9.0M7.6M7.8M143K128.7K122.3K
Long Term Debt96.9M22.1M67.0M62.9M61.0M49.4M
Intangible Assets15.1M8.9M19.2M12.1M11.0M10.5M
Property Plant Equipment60.0M6.2M4.3M497K447.3K424.9K
Current Deferred Revenue5.7M4.4M1.2M6.7M7.9M7.5M
Good Will50.4M50.0M50.5M52.5M47.2M49.6M
Other Liab395K1.1M2.0M1.6M1.4M1.4M
Property Plant And Equipment Gross14.3M13.6M11.8M497K225K213.8K
Inventory1.5M1.1M898K1.7M5.8M6.1M
Net Tangible Assets(4.3M)(5.1M)(38.1M)51.7M46.6M23.5M

Currently Active Assets on Macroaxis

When determining whether Great Elm Group is a strong investment it is important to analyze Great Elm's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Great Elm's future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Elm Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Asset Management & Custody 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 Great Elm. If investors know Great 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 Great Elm 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
0.022
Earnings Share
(0.05)
Revenue Per Share
0.621
Quarterly Revenue Growth
0.206
Return On Assets
(0.04)
The market value of Great Elm Group is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.