Great Other Current Liab vs Other Current Assets Analysis

GESHIP Stock   1,101  2.25  0.20%   
Great Eastern financial indicator trend analysis is much more than just examining Great Eastern latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Eastern is a good investment. Please check the relationship between Great Eastern Other Current Liab and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Great Eastern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Current Liab vs Other Current Assets

Other Current Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Eastern Other Current Liab account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Great Eastern's Other Current Liab and Other Current Assets is 0.18. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of The Great Eastern, assuming nothing else is changed. The correlation between historical values of Great Eastern's Other Current Liab and Other Current 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 Other Current Liab of The Great Eastern are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Current Liab i.e., Great Eastern's Other Current Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Great Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Eastern 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 The Great Eastern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of December 1, 2024, Selling General Administrative is expected to decline to about 780.2 M. In addition to that, Tax Provision is expected to decline to about 614.3 M
 2021 2022 2023 2024 (projected)
Gross Profit9.5B31.6B24.8B12.9B
Total Revenue34.7B56.9B52.6B37.2B

Great Eastern fundamental ratios Correlations

0.530.020.660.80.870.260.390.280.870.220.750.33-0.10.480.640.130.020.60.76-0.770.150.09-0.190.12-0.21
0.53-0.080.82-0.070.840.8-0.39-0.360.830.15-0.090.370.220.920.0-0.380.320.99-0.09-0.19-0.04-0.430.31-0.420.42
0.02-0.08-0.270.02-0.05-0.220.140.47-0.06-0.20.14-0.220.00.140.010.18-0.27-0.010.11-0.06-0.170.09-0.290.41-0.09
0.660.82-0.270.240.840.72-0.28-0.350.830.280.150.440.220.570.06-0.360.470.80.17-0.270.26-0.250.36-0.20.45
0.8-0.070.020.240.43-0.240.710.530.440.20.950.11-0.29-0.110.740.44-0.160.010.96-0.770.220.42-0.440.46-0.52
0.870.84-0.050.840.430.59-0.02-0.051.00.160.330.420.060.770.34-0.160.210.890.35-0.550.06-0.220.13-0.260.09
0.260.8-0.220.72-0.240.59-0.46-0.640.56-0.04-0.260.380.650.66-0.08-0.410.380.76-0.250.27-0.25-0.80.49-0.530.52
0.39-0.390.14-0.280.71-0.02-0.460.480.0-0.110.710.18-0.37-0.260.870.37-0.55-0.30.75-0.61-0.050.44-0.810.39-0.74
0.28-0.360.47-0.350.53-0.05-0.640.48-0.04-0.020.62-0.28-0.23-0.140.290.43-0.25-0.240.6-0.410.160.52-0.260.49-0.35
0.870.83-0.060.830.441.00.560.0-0.040.150.330.430.020.760.35-0.170.210.880.35-0.570.05-0.20.1-0.260.06
0.220.15-0.20.280.20.16-0.04-0.11-0.020.150.220.02-0.270.0-0.010.080.130.110.22-0.330.350.39-0.040.410.15
0.75-0.090.140.150.950.33-0.260.710.620.330.22-0.01-0.23-0.090.740.52-0.23-0.011.0-0.710.210.44-0.490.62-0.48
0.330.37-0.220.440.110.420.380.18-0.280.430.02-0.010.110.320.26-0.60.030.40.06-0.230.09-0.08-0.01-0.30.08
-0.10.220.00.22-0.290.060.65-0.37-0.230.02-0.27-0.230.110.18-0.25-0.320.340.22-0.230.68-0.35-0.770.61-0.320.53
0.480.920.140.57-0.110.770.66-0.26-0.140.760.0-0.090.320.180.08-0.320.10.95-0.09-0.23-0.2-0.420.17-0.460.24
0.640.00.010.060.740.34-0.080.870.290.35-0.010.740.26-0.250.080.41-0.390.080.77-0.68-0.130.16-0.670.2-0.59
0.13-0.380.18-0.360.44-0.16-0.410.370.43-0.170.080.52-0.6-0.32-0.320.41-0.22-0.370.48-0.27-0.120.16-0.360.45-0.51
0.020.32-0.270.47-0.160.210.38-0.55-0.250.210.13-0.230.030.340.1-0.39-0.220.25-0.240.3-0.13-0.270.59-0.210.71
0.60.99-0.010.80.010.890.76-0.3-0.240.880.11-0.010.40.220.950.08-0.370.250.0-0.27-0.05-0.40.26-0.410.35
0.76-0.090.110.170.960.35-0.250.750.60.350.221.00.06-0.23-0.090.770.48-0.240.0-0.730.210.44-0.50.59-0.49
-0.77-0.19-0.06-0.27-0.77-0.550.27-0.61-0.41-0.57-0.33-0.71-0.230.68-0.23-0.68-0.270.3-0.27-0.73-0.31-0.580.58-0.320.52
0.15-0.04-0.170.260.220.06-0.25-0.050.160.050.350.210.09-0.35-0.2-0.13-0.12-0.13-0.050.21-0.310.560.130.330.14
0.09-0.430.09-0.250.42-0.22-0.80.440.52-0.20.390.44-0.08-0.77-0.420.160.16-0.27-0.40.44-0.580.56-0.540.67-0.35
-0.190.31-0.290.36-0.440.130.49-0.81-0.260.1-0.04-0.49-0.010.610.17-0.67-0.360.590.26-0.50.580.13-0.54-0.510.72
0.12-0.420.41-0.20.46-0.26-0.530.390.49-0.260.410.62-0.3-0.32-0.460.20.45-0.21-0.410.59-0.320.330.67-0.51-0.21
-0.210.42-0.090.45-0.520.090.52-0.74-0.350.060.15-0.480.080.530.24-0.59-0.510.710.35-0.490.520.14-0.350.72-0.21
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Great Eastern Account Relationship Matchups

Great Eastern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets138.3B141.5B139.7B152.1B168.1B137.3B
Short Long Term Debt Total53.0B50.5B46.6B36.5B30.5B52.9B
Other Current Liab252.7M3.8B3.7B4.0B3.4B2.6B
Total Current Liabilities12.4B13.7B14.4B14.4B15.1B15.9B
Total Stockholder Equity68.0B77.0B80.5B102.8B124.0B71.5B
Property Plant And Equipment Net92.4B90.7B89.0B84.8B83.7B90.9B
Net Debt36.8B32.9B31.0B9.7B(2.4B)(2.3B)
Accounts Payable3.6B3.1B3.5B3.4B4.6B2.9B
Cash16.1B17.6B15.6B26.8B32.9B18.3B
Non Current Assets Total95.0B92.9B90.6B87.1B86.2B95.2B
Cash And Short Term Investments34.1B40.7B39.6B55.8B67.4B34.3B
Net Receivables6.7B5.4B6.8B(2.6B)7.8B4.6B
Common Stock Shares Outstanding148.9M147.2M142.5M143.1M143.1M120.2M
Liabilities And Stockholders Equity138.3B141.5B139.7B152.1B168.1B137.3B
Non Current Liabilities Total57.9B50.7B44.7B35.0B29.0B49.9B
Inventory2.1B2.1B2.2B2.0B2.5B1.5B
Other Current Assets446.4M5.8B7.2B9.7B3.7B2.5B
Other Stockholder Equity2.0B93.8B(56.9B)747.6M672.8M639.2M
Total Liab70.4B64.4B59.2B49.3B44.1B65.8B
Total Current Assets43.4B48.5B49.0B65.0B81.9B42.1B
Accumulated Other Comprehensive Income(49.5B)48.6B49.7B54.7B58.8B61.8B
Retained Earnings19.4B26.2B28.6B45.9B63.0B66.1B
Intangible Assets7.8M5M11.8M57.9M152.7M160.3M
Current Deferred Revenue3.6B4.1B4.1B4.2B299.9M284.9M
Short Term Investments18.0B23.1B24.0B29.0B34.5B26.8B
Short Term Debt5.0B6.2B6.6B6.1B6.3B6.8B
Other Liab6.1B10.0B6.5B4.7B5.4B4.5B
Net Tangible Assets68.1B67.9B77.0B80.5B92.6B78.6B
Other Assets2.5B2.3B1.6B215.3M193.8M184.1M
Long Term Debt47.9B43.9B39.8B30.2B24.1B36.3B
Short Long Term Debt4.9B6.2B6.5B6.0B6.2B10.2B
Property Plant Equipment92.4B90.7B89.0B84.8B76.3B76.8B
Long Term Debt Total48.0B44.2B40.0B30.4B27.3B36.8B
Non Current Liabilities Other203.7M180.3M157M133.6M110.2M149.1M
Net Invested Capital120.7B121.0B126.8B139.0B154.3B144.8B
Net Working Capital30.9B34.8B34.6B50.6B66.8B41.7B

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Other Information on Investing in Great Stock

Balance Sheet is a snapshot of the financial position of Great Eastern at a specified time, usually calculated after every quarter, six months, or one year. Great Eastern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great Eastern 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 Great currently owns. An asset can also be divided into two categories, current and non-current.