GEV Long Term Debt vs Cash Analysis
| GEV Stock | 328.98 20.18 5.78% |
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 Long Term Debt and its Cash 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.
Long Term Debt vs Cash
Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Vernova LLC Long Term Debt account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GE Vernova's Long Term Debt and Cash is 0.97. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash 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 Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of GE Vernova LLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., GE Vernova's Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that GE Vernova LLC has held for over one year. Long-term debt appears on GE Vernova LLC balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on GE Vernova LLC balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Cash
Cash refers to the most liquid asset of GE Vernova LLC, which is listed under current asset account on GE Vernova LLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GE Vernova customers. The amounts must be unrestricted with restricted cash listed in a different GE Vernova account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
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GE Vernova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.