Gevo Non Currrent Assets Other vs Total Liab Analysis
GEVO Stock | USD 1.72 0.13 8.18% |
Gevo financial indicator trend analysis is much more than just examining Gevo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gevo Inc is a good investment. Please check the relationship between Gevo Non Currrent Assets Other and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Non Currrent Assets Other vs Total Liab
Non Currrent Assets Other vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gevo Inc Non Currrent Assets Other account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gevo's Non Currrent Assets Other and Total Liab is 0.8. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Liab in the same time period over historical financial statements of Gevo Inc, assuming nothing else is changed. The correlation between historical values of Gevo's Non Currrent Assets Other 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 Non Currrent Assets Other of Gevo Inc 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 Non Currrent Assets Other i.e., Gevo's Non Currrent Assets Other and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Gevo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gevo Inc 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 Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. As of the 26th of November 2024, Selling General Administrative is likely to drop to about 24.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 251K | 1.2M | 2.2M | 3.1M | Depreciation And Amortization | 5.1M | 7.9M | 19.0M | 20.0M |
Gevo fundamental ratios Correlations
Click cells to compare fundamentals
Gevo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gevo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 12.2M | 56.9M | 195.8M | 221.5M | 238.7M | 250.6M | |
Total Assets | 93.4M | 152.1M | 666.5M | 700.7M | 650.3M | 682.8M | |
Short Long Term Debt Total | 14.6M | 1.3M | 90.8M | 69.7M | 70.2M | 36.3M | |
Other Current Liab | 4.2M | 3.0M | 23.3M | 17.2M | 20.0M | 21.0M | |
Total Current Liabilities | 20.1M | 4.9M | 32.6M | 25.4M | 91.4M | 96.0M | |
Total Stockholder Equity | 72.5M | 146.4M | 547.3M | 605.5M | 557.4M | 585.3M | |
Other Liab | 228K | 331K | 87K | 820K | 943K | 990.2K | |
Property Plant And Equipment Net | 66.7M | 66.4M | 168.9M | 178.4M | 213.1M | 223.8M | |
Net Debt | (1.7M) | (77.1M) | 50.0M | (167.4M) | (228.2M) | (216.8M) | |
Retained Earnings | (458.0M) | (498.2M) | (557.4M) | (655.4M) | (721.6M) | (685.5M) | |
Accounts Payable | 1.5M | 897K | 4.8M | 5.0M | 2.7M | 3.2M | |
Cash | 16.3M | 78.3M | 40.8M | 237.1M | 298.3M | 313.3M | |
Non Current Assets Total | 69.1M | 68.8M | 314.7M | 285.3M | 263.9M | 277.1M | |
Non Currrent Assets Other | 935K | 921K | 72.5M | 99.2M | 42.8M | 45.0M | |
Other Assets | 335K | 621K | 72.5M | 97.7M | 112.4M | 118.0M | |
Long Term Debt | 233K | 457K | 318K | 159K | 21K | 20.0K | |
Cash And Short Term Investments | 16.3M | 78.3M | 316.2M | 404.5M | 298.3M | 313.3M | |
Common Stock Total Equity | 141K | 1.3M | 2.0M | 2.4M | 2.7M | 2.9M | |
Liabilities And Stockholders Equity | 93.4M | 152.1M | 666.5M | 700.7M | 650.3M | 682.8M | |
Non Current Liabilities Total | 761K | 788K | 86.6M | 69.8M | 1.5M | 1.4M | |
Other Current Assets | 3.6M | 4.1M | 28.6M | 4.1M | 80.3M | 84.3M | |
Other Stockholder Equity | 530.3M | 643.3M | 1.1B | 1.3B | 1.3B | 1.3B | |
Total Liab | 20.9M | 5.7M | 119.2M | 95.3M | 92.9M | 49.8M | |
Property Plant And Equipment Gross | 66.7M | 66.4M | 168.9M | 176.9M | 299.4M | 314.4M | |
Total Current Assets | 24.2M | 83.3M | 351.8M | 415.4M | 386.4M | 405.7M | |
Short Term Debt | 14.4M | 989K | 941K | 1.2M | 68.7M | 72.1M | |
Common Stock | 141K | 1.3M | 2.0M | 2.4M | 2.4M | 2.5M | |
Property Plant Equipment | 66.7M | 66.7M | 139.1M | 176.9M | 203.4M | 213.6M | |
Net Receivables | 1.1M | 527K | 978K | 476K | 4.0M | 4.2M | |
Inventory | 3.2M | 2.3M | 2.8M | 6.3M | 3.8M | 4.0M | |
Net Tangible Assets | 72.5M | 146.4M | 538.3M | 597.8M | 687.5M | 721.8M | |
Retained Earnings Total Equity | (458.0M) | (498.2M) | (557.4M) | (655.4M) | (589.8M) | (560.4M) | |
Capital Surpluse | 530.3M | 643.3M | 1.1B | 1.3B | 1.4B | 1.5B | |
Long Term Debt Total | 233K | 457K | 318K | 159K | 143.1K | 135.9K | |
Non Current Liabilities Other | 528K | 331K | 1.9M | 69.7M | 80.1M | 84.1M | |
Short Long Term Debt | 14.4M | 809K | 158K | 159K | 68.1M | 71.5M |
Pair Trading with Gevo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gevo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gevo will appreciate offsetting losses from the drop in the long position's value.Moving against Gevo Stock
0.68 | NEU | NewMarket | PairCorr |
0.61 | CMT | Core Molding Technologies | PairCorr |
0.59 | KOP | Koppers Holdings | PairCorr |
0.58 | FUL | H B Fuller Fiscal Year End 15th of January 2025 | PairCorr |
0.5 | OEC | Orion Engineered Carbons | PairCorr |
The ability to find closely correlated positions to Gevo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gevo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gevo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gevo Inc to buy it.
The correlation of Gevo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gevo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gevo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gevo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Refining & Marketing 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 Gevo. If investors know Gevo 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 Gevo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 0.065 | Quarterly Revenue Growth (0.57) | Return On Assets (0.09) | Return On Equity (0.15) |
The market value of Gevo Inc is measured differently than its book value, which is the value of Gevo that is recorded on the company's balance sheet. Investors also form their own opinion of Gevo's value that differs from its market value or its book value, called intrinsic value, which is Gevo'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 Gevo's market value can be influenced by many factors that don't directly affect Gevo'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 Gevo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gevo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gevo'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.