GEV Common Stock vs Total Liab Analysis
GEV Stock | 339.85 2.92 0.85% |
GE Vernova financial indicator trend analysis is much more than just examining GE Vernova LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE Vernova LLC is a good investment. Please check the relationship between GE Vernova Common Stock and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Vernova LLC. 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.
Common Stock vs Total Liab
Common Stock vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Vernova LLC Common Stock account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between GE Vernova's Common Stock and Total Liab is -0.99. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of GE Vernova LLC, assuming nothing else is changed. The correlation between historical values of GE Vernova's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of GE Vernova LLC are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., GE Vernova's Common Stock and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from GE Vernova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE Vernova LLC 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 GE Vernova LLC. 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. Tax Provision is likely to climb to about 553.4 M in 2024. Selling General Administrative is likely to climb to about 5.5 B in 2024
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.2B | 991M | 964M | 834.9M | Interest Income | 71M | 42M | 37.8M | 45.2M |
GE Vernova fundamental ratios Correlations
Click cells to compare fundamentals
GE Vernova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GEV Stock Analysis
When running GE Vernova's price analysis, check to measure GE Vernova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE Vernova is operating at the current time. Most of GE Vernova's value examination focuses on studying past and present price action to predict the probability of GE Vernova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE Vernova's price. Additionally, you may evaluate how the addition of GE Vernova to your portfolios can decrease your overall portfolio volatility.