Great Good Will vs Intangible Assets 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 Good Will and its Intangible Assets 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.
Good Will vs Intangible Assets
Good Will vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Elm Group Good Will account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Great Elm's Good Will and Intangible Assets is -0.1. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible Assets 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 Good Will and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Great Elm Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Good Will i.e., Great Elm's Good Will and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Expenses | 8.4M | 9.7M | 8.8M | 8.4M | Cost Of Revenue | 63.7M | 10.2M | 16.9M | 16.0M |
Great Elm fundamental ratios Correlations
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Great Elm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Elm fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 195.4M | 161.9M | 168.1M | 135.9M | 140.4M | 133.4M | |
Short Long Term Debt Total | 112.3M | 29.6M | 73.9M | 63.4M | 61.2M | 69.7M | |
Other Current Liab | 3.6M | 19.2M | 18.1M | 6.3M | 7.7M | 7.3M | |
Total Current Liabilities | 25.5M | 33.0M | 19.7M | 7.4M | 8.4M | 7.9M | |
Total Stockholder Equity | 60.8M | 54.4M | 33.5M | 63.8M | 62.7M | 59.6M | |
Property Plant And Equipment Net | 14.3M | 13.6M | 11.8M | 497K | 225K | 213.8K | |
Net Debt | 71.7M | 5.2M | 50.3M | 3.3M | 10.7M | 11.2M | |
Retained Earnings | (3.3B) | (3.3B) | (3.3B) | (3.3B) | (3.3B) | (3.4B) | |
Accounts Payable | 5.0M | 5.5M | 8K | 191K | 317K | 301.2K | |
Cash | 40.5M | 24.4M | 23.6M | 60.2M | 50.5M | 66.9M | |
Non Current Assets Total | 134.1M | 73.3M | 83.6M | 12.8M | 12.9M | 12.2M | |
Non Currrent Assets Other | 54.7M | 258K | 249K | 143K | 1.6M | 1.5M | |
Cash And Short Term Investments | 49.2M | 74.9M | 73.4M | 117.4M | 116.5M | 119.3M | |
Net Receivables | 9.1M | 8.2M | 2.4M | 3.3M | 2.3M | 2.1M | |
Common Stock Shares Outstanding | 25.4M | 25.7M | 26.8M | 41.0M | 30.0M | 31.5M | |
Liabilities And Stockholders Equity | 195.4M | 161.9M | 168.1M | 135.9M | 140.4M | 133.4M | |
Non Current Liabilities Total | 105.3M | 65.0M | 106.1M | 64.7M | 61.9M | 56.2M | |
Other Current Assets | 738K | 4.4M | 9.9M | 717K | 3.0M | 2.9M | |
Other Stockholder Equity | 3.3B | 3.3B | 3.3B | 3.3B | 3.3B | 3.2B | |
Total Liab | 130.8M | 98.0M | 125.8M | 72.1M | 70.3M | 112.2M | |
Total Current Assets | 61.3M | 88.5M | 84.4M | 123.1M | 127.6M | 160.4M | |
Short Term Debt | 11.3M | 3.9M | 341K | 718K | 274K | 260.3K | |
Short Term Investments | 8.7M | 50.5M | 49.8M | 57.2M | 66.0M | 54.4M | |
Other Assets | 9.0M | 7.6M | 7.8M | 143K | 128.7K | 122.3K | |
Long Term Debt | 96.9M | 22.1M | 67.0M | 62.9M | 61.0M | 49.4M | |
Intangible Assets | 15.1M | 8.9M | 19.2M | 12.1M | 11.0M | 10.5M | |
Property Plant Equipment | 60.0M | 6.2M | 4.3M | 497K | 447.3K | 424.9K | |
Current Deferred Revenue | 5.7M | 4.4M | 1.2M | 6.7M | 7.9M | 7.5M | |
Good Will | 50.4M | 50.0M | 50.5M | 52.5M | 47.2M | 49.6M | |
Other Liab | 395K | 1.1M | 2.0M | 1.6M | 1.4M | 1.4M | |
Property Plant And Equipment Gross | 14.3M | 13.6M | 11.8M | 497K | 225K | 213.8K | |
Inventory | 1.5M | 1.1M | 898K | 1.7M | 5.8M | 6.1M | |
Net Tangible Assets | (4.3M) | (5.1M) | (38.1M) | 51.7M | 46.6M | 23.5M |
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.